POS Terminals and Wireless M2M is a comprehensive report from Berg Insight analysing the latest developments on the global POS terminal market. This strategic research report from Berg Insight provides you with 40 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.
Highlights from the first edition of the report:
Detailed analysis of the payments industry.
Summary of the latest industry trends and developments.
Updated in-depth profiles of key players in the POS terminal market.
Reviews of vendor market shares and competitive dynamics.
Perspectives on the impact of mobile wallet services.
Extensive global and regional market forecasts lasting until 2019.
This research report answers the following questions:
What is the potential market size for wireless M2M communication in the retail industry?
Which trends and developments are shaping the market?
How many of the NFC-ready terminals have the contactless capabilities turned on?
What are the market shares for the leading POS terminal vendors?
How will emerging mobile wallet services affect the market?
What is the attach rate for cellular connectivity in POS terminals by region?
The world is continuously shifting from coin and paper-based payments such as cash and
cheques to electronic forms such as payment cards and mobile phone payments. As a part
of this shift, POS terminals are becoming more and more common in all parts of the world.
The global installed base of POS terminals grew by 11 percent to 75 million units in 2014.
Market growth is primarily fuelled by the increasing adoption of electronic payments in
emerging markets. Developed markets are relatively saturated in terms of POS terminal
Cellular connectivity has become a very popular option for POS terminals and was
incorporated in around one third of the devices shipped in 2014. The wireless technology has
an important role in facilitating the global adoption of electronic payments, as it enables the
rollout of POS terminals to many new market segments and parts of the world where the fixed
line telecommunications infrastructure is less developed. The installed base of cellular POS
terminals reached 20.8 million in 2014. Berg Insight forecasts a CAGR of 7.2 percent between
2014 and 2019, resulting in a total of 39.2 million cellular POS terminals at the end of the
The market for NFC-ready POS terminals continued to display strong momentum in 2014 with
annual shipments reaching an estimated 9.5 million units worldwide. The attach rate for NFC
was highest in EU28+2 and North America, where 80 percent and 75 percent of the POS
terminals shipped featured NFC respectively. NFC was also a very popular feature in many
other major markets worldwide, including Brazil, Turkey and China. While the installed base
of NFC-ready POS terminals has grown quickly, many of terminals do still not have the
contactless features turned on. Berg Insight estimates that approximately 9.0 million POS
terminals accepted contactless payments with Visa payWave, MasterCard PayPass or
UnionPay Quickpass at the end of 2014. This marks a major increase from 2012 when just 2.6
million POS terminals worldwide had the contactless features enabled.