Press release -

Global Wireless POS Terminals Market to Grow at a CAGR of 13.7% to 2019

 

About POS terminal
A POS refers to a system or a combination of systems that are used to facilitate easy and faster checkout for customers at various outlets. A standard POS system consists of a computer, monitor, cash drawer, receipt printer, barcode scanner, POS software, weight scale, and sometimes credit and debit card readers. A POS terminal is used for conducting sales and is used by retailers to manage information related to their inventory, customers, and cash flows. It is mainly used for retail sales management. A POS terminal not only improves the shopping experience for customers by reducing the processing time for payments but also helps them obtain and centralize information about sales of the respective products.
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A POS terminal is used to process card payments at several sectors such as retail (supermarket, hypermarket, specialty stores, gas stations, drugstores, and mass merchandise stores) and hospitality (restaurants, hotels, takeaways, and pubs). A POS terminal performs the following functions:

Reads the information off a customers credit/debit card

Checks the funds status in a customers bank account

Transfers funds from a customers account to a sellers account

Records the transaction

Prints the receipt of transaction

There are two types of POS terminal: fixed line POS and wireless POS.

Technavio's analysts forecast the global wireless POS terminals market to grow at a CAGR of 13.7% over the period 2014-2019.
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Covered in this report
This report covers the present scenario and the growth prospects of the global wireless POS terminals market for the period 2014-2019. To calculate the market size, the report considers the total shipments of wireless POS terminals. However, the report does not consider the following to estimate the market size: mPOS or any communication device that is being used as a POS terminal, sales of components used for the production of wireless POS terminals, and aftermarket sales of wireless POS terminals.
Technavio's report, Global Wireless POS Terminals Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global wireless POS terminals market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key regions

Americas

APAC

EMEA

Key vendors

Ingenico

Pax Technology

SZZT

VeriFone

Other prominent vendors

ATOS Worldline

CyberNet

Equinox

First Data

Keycorp

NCR

Spire Payments

Key market driver

Growing adoption of EMV cards

For a full, detailed list, view our report

Key market challenge

Slow adoption rate

For a full, detailed list, view our report

Key market trend

Need for improved security standards

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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Table of Contents
PART 01: Executive summary

Highlights

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

POS industry

Supply chain

Ecosystem

PART 06: Market landscape

Market size and forecast by volume

ASP trend

Market size and forecast by revenue

Five forces analysis

PART 07: Geographical segmentation

Global wireless POS terminals market by geographical segmentation 2014-2019

Wireless POS terminals market in APAC

Wireless POS terminals market in Americas

Wireless POS terminals market in EMEA

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

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