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Global POS Machines Market: By Terminal Type: Fixed, Mobile, Pocket, and POS GPS/GPRS; By Industry: Retail and Consumer Goods, Travel and Hospitality, BFSI, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global POS Machines Market Outlook

The global POS machines market is expected to grow at a CAGR of 11.8% in the forecast period of 2021-2026.

 

Growing Demand for Mobile POS Machine Terminals to Bolster the Growth of the POS Machines Industry

Based on terminal type, the mobile POS machine terminals segment is expected to lead the global market for POS machines in the forecast period owing to the rising demand for convenient services and real-time analytics features. Mobile POS machine terminals provide enhanced portability over fixed POS machine terminals, and, thus, are witnessing increased adoption. Meanwhile, the GPS/GPRS POS machine terminals segment is expected to witness a robust growth rate over the forecast period owing to the growing acceptance of technology and the rapid digitalisation across the globe.

 

The Asia Pacific to Provide Significant Growth Opportunities for the Expansion of the POS Machines Industry

Region-wise, the Asia Pacific is expected to witness the highest growth rate over the forecast period owing to the growing digitisation in emerging nations like India and China. This is leading to an increased internet penetration in the region and a rise in demand for smartphones, which is favouring the growth of the digital payments industry. The availability of affordable smartphones and the presence of a large population in the region are significantly aiding the regional industry growth.

 

POS Machines: Industry Definition and Segmentation

POS machine refers to a point of sales machine, which is currently the most advanced payment accepting machine. It includes a debit and credit card reader for accepting payments and provides a receipt of the transactions, maintaining sales history for accountability. These machines can also be linked to a savings account of the user, which proves to be very beneficial for small business owners and retailers.

Based on terminal type, the market is divided into:

  • Fixed POS Terminals
  • Mobile POS Terminals
  • Pocket POS Terminals
  • POS GPS/GPRS

By industry, the market can be segmented into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Penetration of IoT and the Advancements in the Payments Industry to Boost the Demand for POS Machines

The growth of the payments industry and the increasing IoT penetration are the major factors driving the growth of the POS machines industry globally. The market is being supported by the increasing adoption of POS machines across various industries, particularly the retail and consumer goods segment. In developing nations, the favourable government initiatives and the growing focus on digitisation are providing enhanced growth opportunities to the market.

Over the forecast period, the rapid technological advancements are expected to have a positive effect on the expansion of the market. However, the adoption of mobile devices for POS transactions is expected to be a major trend in the coming years.

 

Key Industry Players in the Global POS Machines Market

The report gives a detailed analysis of the following key players in the global POS machines market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Ingenico Group
  • PAX Technology Limited
  • Aures Group
  • Castles Technology Co., Ltd
  • Cybernet Manufacturing, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global POS Machines Market Analysis

    8.1    Key Industry Highlights
    8.2    Global POS Machines Historical Market (2016-2020) 
    8.3    Global POS Machines Market Forecast (2021-2026)
    8.4    Global POS Machines Market by Terminal Type
        8.4.1    Fixed POS Terminals
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Mobile POS Terminals
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Pocket POS Terminals
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    POS GPS/GPRS
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
    8.5    Global POS Machines Market by Industry
        8.5.1    Retail and Consumer Goods
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Travel and Hospitality
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    BFSI
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Media and Entertainment
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Manufacturing
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Healthcare
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2016-2020)
            8.5.6.3    Forecast Trend (2021-2026)
        8.5.7    Others
    8.6    Global POS Machines Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Key Players
    12.3    Company Profiles
        12.3.1    Ingenico Group
            12.3.1.1    Company Overview
            12.3.1.2    Product Portfolio
            12.3.1.3    Demographic Reach and Achievements
            12.3.1.4    Certifications
        12.3.2    PAX Technology Limited
            12.3.2.1    Company Overview
            12.3.2.2    Product Portfolio
            12.3.2.3    Demographic Reach and Achievements
            12.3.2.4    Certifications
        12.3.3    Aures Group
            12.3.3.1    Company Overview
            12.3.3.2    Product Portfolio
            12.3.3.3    Demographic Reach and Achievements
            12.3.3.4    Certifications
        12.3.4    Castles Technology Co., Ltd
            12.3.4.1    Company Overview
            12.3.4.2    Product Portfolio
            12.3.4.3    Demographic Reach and Achievements
            12.3.4.4    Certifications
        12.3.5    Cybernet Manufacturing, Inc.
            12.3.5.1    Company Overview
            12.3.5.2    Product Portfolio
            12.3.5.3    Demographic Reach and Achievements
            12.3.5.4    Certifications
        12.3.6    Others
13    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global POS Machines Market: Key Industry Highlights, 2016 and 2026
2.    Global POS Machines Historical Market: Breakup by Terminal Type (USD Billion), 2016-2020
3.    Global POS Machines Market Forecast: Breakup by Terminal Type (USD Billion), 2021-2026
4.    Global POS Machines Historical Market: Breakup by Industry (USD Billion), 2016-2020
5.    Global POS Machines Market Forecast: Breakup by Industry (USD Billion), 2021-2026
6.    Global POS Machines Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global POS Machines Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America POS Machines Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America POS Machines Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe POS Machines Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe POS Machines Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific POS Machines Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific POS Machines Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America POS Machines Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America POS Machines Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa POS Machines Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa POS Machines Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global POS Machines Market Structure

Key Questions Answered in the Report

The global POS machines market is projected to grow at a CAGR of 11.8% between 2021 and 2026.

The major drivers of the industry, such as the advancements in the payments industry, increasing penetration of IoT, growing adoption across industries like retail and consumer goods, rising demand from the developing regions, increase in the number of smartphone users, and the growing technological advancements, are expected to aid the market growth.

The key market trend guiding the growth of the industry includes the growing preference for mobile devices for POS transactions.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading terminal types in the market are fixed POS terminals, mobile POS terminals, pocket POS terminals, and POS GPS/GPRS.

The major industries in the market are retail and consumer goods, travel and hospitality, BFSI, media and entertainment, manufacturing, and healthcare, among others.

The major players in the industry are Ingenico Group, PAX Technology Limited, Aures Group, and Castles Technology Co., Ltd, and Cybernet Manufacturing, Inc., among others.

Analyst Review

The global POS machines market is being driven by rising advancements in the payments industry. Aided by further technological advancements, the market is expected to witness a robust growth in the forecast period of 2021-2026, growing at a CAGR of 11.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By terminal type, the market is segmented into fixed POS terminals, mobile POS terminals, pocket POS terminals, and POS GPS/GPRS. Based on industry, the market is divided into retail and consumer goods, travel and hospitality, BFSI, media and entertainment, manufacturing, and healthcare, among others. The major regional markets for POS machines are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ingenico Group, PAX Technology Limited, Aures Group, and Castles Technology Co., Ltd, and Cybernet Manufacturing, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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