POS terminals are a combination of hardware and software, which allows users to accept card payments directly without updating the cash registers. The cost of installing a terminal vary with the size of the business unit and selling terms with the channel partners and suppliers. A POS terminal is an electronic device and performs the following functions: Reads the information of a customer's credit/debit card Checks the funds status in a customer's bank account Transfers the funds from customer's account to the seller's account Records the transaction Print the receipt of the transaction POS terminals are now combined with union pay, which had resulted in increased market growth and shipment in 2014. This can be attributed to growing payment services and usage of debit/credit cards for transactions. Technavio's analysts forecast the global POS terminals market in the retail sector to grow at a CAGR of 13.37% in terms of revenue during 2014-2019.
Covered in this report This report covers the present scenario and the growth prospects of the global POS terminals market in the retail sector for 2015-2019. The report considers the revenue generated from the shipments of POS terminals in the retail sector, including fixed POS terminals and wireless POS terminals. The report does not consider the revenue generated from the following: Mobile computing devices such as smartphones and tablets used as POS terminals by merchants Service and maintenance of POS terminals Re-selling Sales of used POS terminals
Retailers/merchants include the following types of stores that integrate POS terminals for various purposes:
Superstore Hyper store
Hypermarket Gas
stations Grocery stores
Others
Table Of Content
PART 01: Executive summary
Highlights
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PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Industry overview
Significance of POS in retail sector
Transactions in retail sector
POS terminals in retail market: Topology
Supply chain
Ecosystem
PART 06: Global POS terminals market
PART 07: Market landscape
Market size and forecast
Five forces analysis
PART 08: Market segmentation by application
Market segmentation and forecast
PART 09: Geographical segmentation
Global POS terminals market segmentation in retail sector by geography29
PART 10: Key leading countries
US
China
PART 11: Impact of drivers and challenges
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