Transparency Market
Research
Point-of-Sale (POS) Terminals Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020
Published Date
2014-09-23
99 Page Report
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Point-of-Sale (POS) Terminals Market Expected to Reach USD
79.69 Billion by 2020 Globally : Transparency Market Research
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Point-of-Sale (POS) Terminals
Market
REPORT DESCRIPTION
According to a new market report published by Transparency Market Research “Point-of-Sale (POS)
Terminals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, the
global POS terminals market , in terms of revenue, was valued at USD 36.86 billion in 2013 and is
estimated to grow at a CAGR of 11.6% during the forecast period from 2014 to 2020. The growing adoption
of mobile POS in retail and hospitality sector emerged as the most significant growth driver for POS
terminals market. In 2013, North America was the largest market for POS terminals which held a share of
around 32% in terms of revenue owing to the significant demand for POS terminals from a the retail and
hospitality sectors in the region and early implementation of technology.
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Fixed POS terminals was the largest segment in terms of revenue in 2013 and accounted for around 81%
share of the total market majorly owing to the early adoption of technology. Adoption of wireless and
mobile POS has increased significantly in recent years owing to the ease of use, mobility and lower total
cost of ownership as compared to traditional POS terminals. Mobile POS terminals find significant...