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Wednesday, April 28, 2021

Global POS Machines Market to be Driven by the Growth of the Payments Industry and the Increasing IoT Penetration in the Forecast Period of 2020-2025

The new report by Expert Market Research titled, ‘Global POS Machines Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global POS machines market, assessing the market based on its segments like terminal types, industries, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2015-2025)

• Forecast CAGR (2020-2025): 12%

Based on terminal form, due to the increasing demand for convenient services and real-time analytics features, the mobile POS machine terminals segment is expected to lead the global market for POS machines in the forecast period. Mobile POS machine terminals provide improved portability over fixed POS machine terminals and are therefore seeing increased adoption. Meanwhile, due to the rising acceptance of technology and the rapid digitalisation across the globe, the GPS/GPRS POS computer terminals segment is expected to experience a robust growth rate over the forecast period.

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Industry Definition and Major Segments

The POS machine refers to a point of sale machine, which is actually the most sophisticated acceptance machine for payment. In order to accept payments, it includes a debit and credit card reader and offers a transaction receipt, retaining sales history for transparency. These devices can also be attached to the user’s bank account, which is very useful for small business owners and retailers.

On the basis of terminal type, the market is segmented into:

• Fixed POS Terminals
• Mobile POS Terminals
• Pocket POS Terminals

By industry, the market can be segmented into:

• Retail and Consumer Goods
• Travel and Hospitality
• Media and Entertainment
• Manufacturing
• Healthcare
• Others

The regional markets for POS machines include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

The growth of the payments industry and the penetration of IoT are the key factors driving the growth of the global POS machine industry. The increasing adoption of POS machines across different industries, particularly the retail and consumer goods segments, is supporting the market. In developed countries, positive government policies and an increasing emphasis on digitalisation provide the industry with enhanced growth opportunities. The rapid technological developments over the projected period are expected to have a positive impact on business expansion. In the coming years, the use of mobile devices for POS transactions is expected to be a major market trend.

Key Market Players

The major players in the market are Ingenico Group (OTCMKTS: INGIY), PAX Technology Limited (OTCMKTS: PXGYF), Aures Group (EPA: AURS), Castles Technology Co., Ltd (TPE: 5258), Cybernet Manufacturing, Inc., and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Contact Information:

Company Name: Expert Market Research
Contact Person: Adam Lee, Corporate Sales Specialist
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-579
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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