INFORMATION & COMMUNICATION TECHNOLOGY
Global Point of Sale (POS) Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Point Of Sale (POS) Market, By Component (Hardware, PoS Terminal Software, and Services), Type (Fixed PoS and Mobile PoS), Technology (Biometric and Traditional), Deployment (On-premise and Cloud-based), Operating System (Windows/Linux, Android, and iOS), Organization Size (Large Enterprise and Small & Medium Enterprise (SME)), End-User (Restaurants, Hospitality, Healthcare, Retail, Warehouse/Distribution, Entertainment, and Others ), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global Point of Sale (POS) market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
The Point of Sale (POS) market is the industry that develops, distributes, and uses systems and software that allow merchants and customers to conduct transactions at the point of sale. A point of sale system often consists of hardware such as cash registers, barcode scanners, and card readers, as well as software for handling sales, inventory, and payment processing.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Demand for enhanced customer experience
- Rising e-commerce and omnichannel retailing
RESTRAINTS
- High initial investment costs
- Security concerns
OPPORTUNITIES
- Technological advancements
- Demand for data-driven insights
CHALLENGES
- Lack of standardization
- Legacy systems and integration challenges
SEGMENTATION
- Component
- Hardware
- PoS Terminal Software
- Services
- Deployment & Integration
- Support & Maintenance
- Type
- Fixed PoS
- Kiosks
- Others
- Mobile PoS
- Tablet
- Others
- Technology
- Biometric
- Traditional
- Deployment
- On-premise
- Cloud-based
- Operating System
- Windows/Linux
- Android
- iOS
- Organization Size
- Large Enterprise
- Small & Medium Enterprise (SME)
- End-User
- Restaurants
- Hospitality
- Healthcare
- Retail
- Warehouse/Distribution
- Entertainment
- Others
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Oracle Corporation
- Acumera, Inc.
- Acrelec
- AURES Group
- Hewlett Packard Enterprise Development LP
- NCR Corporation
- Payabl
- POSaBIT Systems Corporation
- Qu, Inc.
- Revel Systems
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Point Of Sale (POS) Market, by Component
- 3.2 Global Point Of Sale (POS) Market, by Type
- 3.3 Global Point Of Sale (POS) Market, by Technology
- 3.4 Global Point Of Sale (POS) Market, by Deployment
- 3.5 Global Point Of Sale (POS) Market, by Operating System
- 3.6 Global Point Of Sale (POS) Market, by Organization Size
- 3.7 Global Point Of Sale (POS) Market, by End-User
- 3.8 Global Point Of Sale (POS) Market, by Geography
- 3.9 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Increasing Small and Medium-sized Enterprises (SMEs) adoption
- 5.1.2 Globalization and market liberalization
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Demand for enhanced customer experience
- 5.2.2 Rising e-commerce and omnichannel retailing
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 High initial investment costs
- 5.3.2 Security concerns
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Technological advancements
- 5.4.2 Demand for data-driven insights
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Lack of standardization
- 5.5.2 Legacy systems and integration challenges
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL POINT OF SALE (POS) MARKET, BY COMPONENT
- 6.1 Component Summary
- 6.2 Market Attractive Index
- 6.3 Global Point Of Sale (POS) Market, by Component (2019-2032)
- SECTION 7 - GLOBAL POINT OF SALE (POS) MARKET, BY TYPE
- 7.1 Type Summary
- 7.2 Market Attractive Index
- 7.3 Global Point Of Sale (POS) Market, by Type (2019-2032)
- SECTION 8 - GLOBAL POINT OF SALE (POS) MARKET, BY TECHNOLOGY
- 8.1 Technology Summary
- 8.2 Market Attractive Index
- 8.3 Global Point Of Sale (POS) Market, by Technology (2019-2032)
- SECTION 9 - GLOBAL POINT OF SALE (POS) MARKET, BY DEPLOYMENT
- 9.1 Deployment Summary
- 9.2 Market Attractive Index
- 9.3 Global Point Of Sale (POS) Market, by Deployment (2019-2032)
- SECTION 10 - GLOBAL POINT OF SALE (POS) MARKET, BY OPERATING SYSTEM
- 10.1 Operating System Summary
- 10.2 Market Attractive Index
- 10.3 Global Point Of Sale (POS) Market, by Operating System (2019-2032)
- SECTION 11 - GLOBAL POINT OF SALE (POS) MARKET, BY ORGANIZATION SIZE
- 11.1 Organization Size Summary
- 11.2 Market Attractive Index
- 11.3 Global Point Of Sale (POS) Market, by Organization Size (2019-2032)
- SECTION 12 - GLOBAL POINT OF SALE (POS) MARKET, BY END-USER
- 12.1 End-User Summary
- 12.2 Market Attractive Index
- 12.3 Global Point Of Sale (POS) Market, by End-User (2019-2032)
- SECTION 13 - GLOBAL POINT OF SALE (POS) MARKET, BY GEOGRAPHY
- 13.1 Regional Summary
- 13.2 Market Attractive Index
- 13.3 Global Point Of Sale (POS) Market, by Geography (2019-2032)
- SECTION 14 - NORTH AMERICA POINT OF SALE (POS) MARKET
- 14.1 North America Summary
- 14.2 Market Attractive Index
- 14.3 North America Point Of Sale (POS) Market, by Component (2019-2032)
- 14.4 North America Point Of Sale (POS) Market, by Type (2019-2032)
- 14.5 North America Point Of Sale (POS) Market, by Technology (2019-2032)
- 14.6 North America Point Of Sale (POS) Market, by Deployment (2019-2032)
- 14.7 North America Point Of Sale (POS) Market, by Operating System (2019-2032)
- 14.8 North America Point Of Sale (POS) Market, by Organization Size (2019-2032)
- 14.9 North America Point Of Sale (POS) Market, by End-User (2019-2032)
- 14.10 North America Point Of Sale (POS) Market, by Country (2019-2032)
- 14.10.1 U.S.
- 14.10.2 Canada
- 14.10.3 Mexico
- 14.10.4 Rest of North America
- SECTION 15 - EUROPE POINT OF SALE (POS) MARKET
- 15.1 Europe Summary
- 15.2 Market Attractive Index
- 15.3 Europe Point Of Sale (POS) Market, by Component (2019-2032)
- 15.4 Europe Point Of Sale (POS) Market, by Type (2019-2032)
- 15.5 Europe Point Of Sale (POS) Market, by Technology (2019-2032)
- 15.6 Europe Point Of Sale (POS) Market, by Deployment (2019-2032)
- 15.7 Europe Point Of Sale (POS) Market, by Operating System (2019-2032)
- 15.8 Europe Point Of Sale (POS) Market, by Organization Size (2019-2032)
- 15.9 Europe Point Of Sale (POS) Market, by End-User (2019-2032)
- 15.10 Europe Point Of Sale (POS) Market, by Country (2019-2032)
- 15.10.1 Germany
- 15.10.2 U.K.
- 15.10.3 France
- 15.10.4 Italy
- 15.10.5 Spain
- 15.10.6 Russia
- 15.10.7 The Netherlands
- 15.10.8 Belgium
- 15.10.9 Turkey
- 15.10.10 Rest of Europe
- SECTION 16 - ASIA-PACIFIC POINT OF SALE (POS) MARKET
- 16.1 Asia-Pacific Summary
- 16.2 Market Attractive Index
- 16.3 Asia-Pacific Point Of Sale (POS) Market, by Component (2019-2032)
- 16.4 Asia-Pacific Point Of Sale (POS) Market, by Type (2019-2032)
- 16.5 Asia-Pacific Point Of Sale (POS) Market, by Technology (2019-2032)
- 16.6 Asia-Pacific Point Of Sale (POS) Market, by Deployment (2019-2032)
- 16.7 Asia-Pacific Point Of Sale (POS) Market, by Operating System (2019-2032)
- 16.8 Asia-Pacific Point Of Sale (POS) Market, by Organization Size (2019-2032)
- 16.9 Asia-Pacific Point Of Sale (POS) Market, by End-User (2019-2032)
- 16.10 Asia-Pacific Point Of Sale (POS) Market, by Country (2019-2032)
- 16.10.1 China
- 16.10.2 India
- 16.10.3 Japan
- 16.10.4 South Korea
- 16.10.5 Singapore
- 16.10.6 Malaysia
- 16.10.7 Australia
- 16.10.8 Thailand
- 16.10.9 Philippines
- 16.10.10 Rest of Asia-Pacific
- SECTION 17 - SOUTH AMERICA POINT OF SALE (POS) MARKET
- 17.1 South America Summary
- 17.2 Market Attractive Index
- 17.3 South America Point Of Sale (POS) Market, by Component (2019-2032)
- 17.4 South America Point Of Sale (POS) Market, by Type (2019-2032)
- 17.5 South America Point Of Sale (POS) Market, by Technology (2019-2032)
- 17.6 South America Point Of Sale (POS) Market, by Deployment (2019-2032)
- 17.7 South America Point Of Sale (POS) Market, by Operating System (2019-2032)
- 17.8 South America Point Of Sale (POS) Market, by Organization Size (2019-2032)
- 17.9 South America Point Of Sale (POS) Market, by End-User (2019-2032)
- 17.10 South America Point Of Sale (POS) Market, by Country (2019-2032)
- 17.10.1 Brazil
- 17.10.2 Argentina
- 17.10.3 Chile
- 17.10.4 Colombia
- 17.10.5 Rest of South America
- SECTION 18 - MIDDLE EAST AND AFRICA POINT OF SALE (POS) MARKET
- 18.1 Middle East and Africa Summary
- 18.2 Market Attractive Index
- 18.3 Middle East and Africa Point Of Sale (POS) Market, by Component (2019-2032)
- 18.4 Middle East and Africa Point Of Sale (POS) Market, by Type (2019-2032)
- 18.5 Middle East and Africa Point Of Sale (POS) Market, by Technology (2019-2032)
- 18.6 Middle East and Africa Point Of Sale (POS) Market, by Deployment (2019-2032)
- 18.7 Middle East and Africa Point Of Sale (POS) Market, by Operating System (2019-2032)
- 18.8 Middle East and Africa Point Of Sale (POS) Market, by Organization Size (2019-2032)
- 18.9 Middle East and Africa Point Of Sale (POS) Market, by End-User (2019-2032)
- 18.10 Middle East and Africa Point Of Sale (POS) Market, by Country (2019-2032)
- 18.10.1 Kingdom of Saudi Arabia
- 18.10.2 South Africa
- 18.10.3 U.A.E.
- 18.10.4 Egypt
- 18.10.5 Rest of Middle East and Africa
- SECTION 19 - COMPANY SHARE ANALYSIS
- 19.1 Global Point Of Sale (POS) Market, Company Share Analysis
- 19.2 North America Point Of Sale (POS) Market, Company Share Analysis
- 19.3 Europe Point Of Sale (POS) Market, Company Share Analysis
- 19.4 Asia-Pacific Point Of Sale (POS) Market, Company Share Analysis
- SECTION 20 - COMPANY PROFILES
- 20.1 Oracle Corporation
- 20.1.1 Company Snapshot
- 20.1.2 Financial Overview
- 20.1.3 Product Portfolio
- 20.1.4 Recent Developments
- 20.2 Acumera, Inc.
- 20.2.1 Company Snapshot
- 20.2.2 Financial Overview
- 20.2.3 Product Portfolio
- 20.2.4 Recent Developments
- 20.3 Acrelec
- 20.3.1 Company Snapshot
- 20.3.2 Financial Overview
- 20.3.3 Product Portfolio
- 20.3.4 Recent Developments
- 20.4 AURES Group
- 20.4.1 Company Snapshot
- 20.4.2 Financial Overview
- 20.4.3 Product Portfolio
- 20.4.4 Recent Developments
- 20.5 Hewlett Packard Enterprise Development LP
- 20.5.1 Company Snapshot
- 20.5.2 Financial Overview
- 20.5.3 Product Portfolio
- 20.5.4 Recent Developments
- 20.6 NCR Corporation
- 20.6.1 Company Snapshot
- 20.6.2 Financial Overview
- 20.6.3 Product Portfolio
- 20.6.4 Recent Developments
- 20.7 Payabl
- 20.7.1 Company Snapshot
- 20.7.2 Financial Overview
- 20.7.3 Product Portfolio
- 20.7.4 Recent Developments
- 20.8 POSaBIT Systems Corporation
- 20.8.1 Company Snapshot
- 20.8.2 Financial Overview
- 20.8.3 Product Portfolio
- 20.8.4 Recent Developments
- 20.9 Qu, Inc.
- 20.9.1 Company Snapshot
- 20.9.2 Financial Overview
- 20.9.3 Product Portfolio
- 20.9.4 Recent Developments
- 20.10 Revel Systems
- 20.10.1 Company Snapshot
- 20.10.2 Financial Overview
- 20.10.3 Product Portfolio
- 20.10.4 Recent Developments
- SECTION 21 - RELATED REPORTS
- SECTION 22 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.