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Retail POS Terminals Market Share

  • Report ID: GMI291
  • Published Date: Aug 2022
  • Report Format: PDF
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Retail POS Terminals Market Share

Some of the key companies partaking in retail point of sale terminals market are

  • NEC Corporation
  • TOSHIBA Global Commerce Solutions
  • NCR Corporation
  • Ingenico Group (Wordline)
  • Panasonic Corporation
  • Pax Technology Inc.
  • VeriFone Holdings, Inc.
  • Diebold Nixdorf
  • Incorporated
  • Hewlett Packard Enterprise Company

The competitive landscape includes significant vendors focusing on leveraging the omnipresence of wireless networks to develop devices with superior capabilities and offer exceptional value-added services. Several banks, mobile operators, and financial institutions have also infiltrated the industry with technological breakthroughs, thus impacting product usage.
 

For instance, in April 2022, Square, Inc. rolled out the latest version of Square Stand, using advanced hardware and software components to help customers run their entire business from a unified platform. The move is intended to emphasize the company's objective to offer a range of intuitive solutions to the end-user.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of retail POS terminal crossed USD 22 billion in 2021 and is anticipated to grow at over 12% CAGR from 2022 to 2030 driven by increased EMV card adoption and a rapid rise in the number of digital payments.

The fixed retail POS terminals segment held more than 65% of the market share in 2021 and may witness substantial growth by 2030 due to increasing deployments across traditional brick-and-mortar retail stores.

The hardware component captured around 46% of revenue share in 2021 and is set to witness prominent growth owing to increasing demand for energy-efficient devices and the growing requirement to update existing payment solutions.

The supermarkets/hypermarkets application of retail POS terminalis speculated to attain over 18% gains through 2030, propelled by rising emphasis on maintaining transparency in any transaction and ensuring faster checkouts.

The Asia Pacific held appreciable revenues in 2021 and is expected to observe more than 14% growth rate till 2030 because of the strong economic outlook, rapid growth in cashless transactions, and improving disposable incomes.

Retail Point Of Sale Terminals Market Scope

  • Retail Point Of Sale Terminals Market Size
  • Retail Point Of Sale Terminals Market Analysis
  • Retail Point Of Sale Terminals Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 20
    • Tables & Figures: 457
    • Countries covered: 22
    • Pages: 525
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