Point-of-Sale Terminals Global Market to Reach $132.44 Billion by 2026 at a CAGR of 10.2% - ResearchAndMarkets.com

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The global point-of-sale terminals market is expected to grow from $81.51 billion in 2021 to $89.86 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%. The point-of-sale terminals market is expected to grow to $132.44 billion in 2026 at a compound annual growth rate (CAGR) of 10.2%.

The main types of point-of-sale terminals are mobile and fixed. Mobile refers to a small hand-held device that has a display screen with touch input and a QWERTY keyboard and may provide users with telephony capabilities. The various components involved are hardware, software, and service. The various technologies involved are biometric, and traditional POS operated by windows, Linux, and mac applied in restaurants, hospitality, healthcare, retail, warehouse, entertainment, and other applications.

Asia Pacific was the largest region in the point-of-sale terminals market in 2021. The regions covered in point-of-sale terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing demand for contactless and cashless payments is expected to propel the growth of the point-of-sale terminal market going forward. Cashless and contactless payments refer to a payment method that does not involve cash for payment, which is a type of computerized replacement for a cash register.

Point of sale terminals accept payments through cards and make cashless purchases possible. For instance, in June 2022, according to India Brand Equity Foundation, an Indian government export promotion agency, contactless transactions accounted for 25% in the year 2020, of all supermarket transactions, which increased to 31% by 2022. Therefore, increasing demand for contactless and cashless payments is driving the point-of-sale terminal market.

Technological advancement is a key trend gaining popularity in the point-of-sale terminal market. Major companies operating in the point-of-sale terminal market are introducing various technological innovations to sustain their position in the point-of-sale terminal market. For instance, in September 2021, PAX Global Technology, a Chinese manufacturer of payment terminals, PIN pads, and point of sale hardware and software, launched android payphones in Amsterdam. These payphones are smartphones with unique features like the built-in point-of-sale technology and are innovative alternatives for acquiring banks and payment services.

In November 2020, Worldline, a France-based payment, and transactional services company acquired Ingenico for a deal value of $8.5 billion. This acquisition is expected to help Worldline to join the international league of payment leaders as it has given the company a global footprint. Ingenico is a France-based payment service provider company operating in the point-of-sale terminals market.

Scope

Markets Covered:

1) By Product: Mobile; Fixed

2) By Component: Hardware; Software; Service

3) By Technology: Biometric; Traditional

4) By Operating System: Windows; Linux; MAC

5) By Application : Restaurants; Hospitality; Healthcare; Retail; Warehouse; Entertainment; Other Applications

Key Topics Covered:

1. Executive Summary

2. Point-of-Sale Terminals Market Characteristics

3. Point-of-Sale Terminals Market Trends And Strategies

4. Point-of-Sale Terminals Market - Macro Economic Scenario

5. Point-of-Sale Terminals Market Size And Growth

6. Point-of-Sale Terminals Market Segmentation

7. Point-of-Sale Terminals Market Regional And Country Analysis

8. Asia-Pacific Point-of-Sale Terminals Market

9. China Point-of-Sale Terminals Market

10. India Point-of-Sale Terminals Market

11. Japan Point-of-Sale Terminals Market

12. Australia Point-of-Sale Terminals Market

13. Indonesia Point-of-Sale Terminals Market

14. South Korea Point-of-Sale Terminals Market

15. Western Europe Point-of-Sale Terminals Market

16. UK Point-of-Sale Terminals Market

17. Germany Point-of-Sale Terminals Market

18. France Point-of-Sale Terminals Market

19. Eastern Europe Point-of-Sale Terminals Market

20. Russia Point-of-Sale Terminals Market

21. North America Point-of-Sale Terminals Market

22. USA Point-of-Sale Terminals Market

23. South America Point-of-Sale Terminals Market

24. Brazil Point-of-Sale Terminals Market

25. Middle East Point-of-Sale Terminals Market

26. Africa Point-of-Sale Terminals Market

27. Point-of-Sale Terminals Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Point-of-Sale Terminals Market

29. Point-of-Sale Terminals Market Future Outlook and Potential Analysis

30. Appendix

Companies Mentioned

• Samsung Electronics Co. Ltd
• NEC Corporation
• Panasonic Holdings Corporation
• Toshiba Corporation
• Hewlett-Packard Development Company, L.P.

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