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Global POS Terminals Market 2016-2020

About the Point-of-Sale (POS) Terminals Market

POS terminals allow cashless transactions to sell goods. Retailers use POS terminals to manage information about their cash flows, customers, and inventory. A POS terminal enhances the shopping experience for customers by minimizing the payment processing time and provides companies with information pertaining to the sales of their respective products.A POS terminal helps in processing card payments at several sectors such as retail (supermarkets, specialty stores, hypermarkets, drug stores, gas stations, and mass merchandise stores) and hospitality (restaurants, pubs, hotels, and take-out restaurants).

Technavio’s analysts forecast the global point-of-sale (POS) terminals market to grow at a CAGR of 9.12% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global point-of-sale (POS) terminals market for 2016-2020. To calculate the market size, the report considers revenue generated from the sale of POS terminals, transaction fees, and other fees such as monthly fees charged by vendors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Point-of-Sale (POS) Terminals Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ingenico
  • Verifone
  • PAX Technology
  • SZZT
Other prominent vendors
  • CyberNet
  • Equinox Payments
  • First Data
  • NCR
  • Spire Payments
Market driver
  • Increasing card transactions
  • For a full, detailed list, view our report
Market challenge
  • Increase in payment-card-related fraud
  • For a full, detailed list, view our report
Market trend
  • Wider adoption of contactless payment systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Press Release

Technavio Announces the Publication of its Research Report – Global Point-of-Sale (POS) Terminals Market 2016-2020

Technavio recognizes the following companies as the key players in the global point-of-sale (POS) terminals market: Ingenico, Verifone, PAX Technology and SZZT.

Other Prominent Vendors in the market are: CyberNet, Equinox Payments, First Data, NCR, and Spire Payments.

Commenting on the report, an analyst from Technavio’s team said: “A trend boosting market growth is the wider adoption of contactless payment systems. Contactless payment systems are gaining popularity among merchants. In these systems, the transaction takes place with the help of NFC technology, which is present in transmitters (card, smartphone, and smartwatches) and readers. These contactless cards are placed near (within five centimeters of) a contactless reader, which can accept payments within a second. The details of such cards can also be stored on mobile devices that have NFC technology to make payments.”

According to the report, a key growth driver is the rising number of card-related transactions. The increase in the use of credit and debit cards for payment transactions by consumers is encouraging the vendors to adopt payment mechanisms involving cards. Also, consumers are expected to use cards and digital money as a mode of payment more often than cash. This encourages mobile card readers to invest in the technology and market, with the assurance that merchants and consumers will process payments through card transactions.

Further, the report states that a challenge that could restrict market growth is the increase in card-related fraud.

Companies Mentioned

Ingenico, Verifone, PAX Technology, SZZT, CyberNet, Equinox Payments, First Data, NCR, Spire Payments.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Definitions
    • Base year
    • Compliance segmentation
    • Product segmentation
    • End-user segmentation
    • Geographical segmentation
      • Table Major countries covered
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Workflow of POS terminals
  • Market landscape
    • Market overview
      • Table Market overview of global POS terminals 2015
    • POS industry overview
      • Table POS terminals transaction process
      • Table Ecosystem of POS terminals
      • Table Supply chain
      • Table Scenarios of counterfeit fraud liability shift
      • Table Lost/stolen fraud liability shift
    • Market size and forecast
      • Table Global POS terminals market by revenue 2015-2020 ($ billions)
      • Table Global POS terminals market by unit shipment 2015-2020 (millions of units)
      • Table ASP of POS terminals 2015-2020 ($)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by EMV compliance
    • Table Global POS terminals market by EMV compliance by revenue 2016-2020
    • Table Global EMV POS terminals market by EMV compliance by unit shipment 2016-2020
    • Table Cost-benefit analysis of EMV POS terminals 2015
  • Market segmentation by product
    • Table Global POS terminals market by product 2015-2020
  • Market segmentation by end-user
    • Table Global POS terminals market by end-user 2015-2020
    • Retail
      • Table Global POS terminals market by retail sector 2015
    • Hospitality
  • Geographical segmentation
    • Table Global POS terminals market by geography 2015-2020
    • Table Global POS terminals market by geography by revenue 2015-2020 ($ billions)
  • Market drivers
    • Large potential customer base
      • Table MSMEs by major countries/regions 2015
    • Increasing card transactions
      • Table Payment transaction methods used by consumers 2015 and 2020
      • Table Global volume of payment cards 2015-2020 (billions of units)
      • Table Global transaction volume of payment cards 2015-2020 ($ trillions)
    • Rising regulatory intervention on secure payments
      • Table Global POS terminal market by transaction type 2015 and 2020
    • Increasing e-commerce transactions
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Increased adoption of mobile card readers
      • Table Global mobile card reader market 2015-2020 ($ billions)
    • Increase in payment-card-related fraud
      • Table Global payment card fraud losses 2015-2020 ($ billions)
      • Table Payment card fraud losses in US 2015-2020 ($ billions)
    • Misconceptions regarding EMV POS terminals
    • Slow adoption rate of EMV POS terminals
    • Growing number of online transactions
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Wider adoption of contactless payment systems
      • Table Number of mobile devices with NFC technology 2015-2020 (millions of units)
      • Table Total transaction value of mobile devices with NFC technology 2015-2020
    • Increased demand for value-added services
    • Increased adoption of cloud-based solutions
  • Vendor landscape
    • Competitive scenario
    • Major vendors
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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