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The POS Terminals Market Size was valued at USD 101.7 billion in 2023 and is expected to reach USD 195.3 billion by 2031 and grow at a CAGR of 8.5% over the forecast period 2024-2031.
The point of Sale (POS) terminal, market testifies to the rise of such things as detailed and comprehensive acceptance of wireless payment terminals offered to merchants, as well as the growth of various types of payment methods such as EuroPay, Visa (EMV) and MasterCards. Also, the point of selling the end market is being pushed to grow as there is a huge increase in e-commerce and online transactions. point of sale (PoS) can also be understood as a place of purchase. This can be seen as a time and a purchase when any transaction is considered complete in both conclusions which are buyers and sellers. The POS terminal can be considered as a hardware system that assists in processing card payments at various stores. This plan will help your business to accept payments in a variety of ways from customers and, following the right sales process. This may sound simple, but setting it up raises questions as it requires management skills and competent expertise.
| Report Attributes | Details |
|---|---|
| Key Segments | • By Product (Fixed, Mobileb) • By Component (Hardware, Software, Services) • By Deployment (Cloud, On-premise) • By End-use (Restaurants(FSR, QSR, Institutional, Fast Casual), Healthcare, Entertainment, Warehouse, Retail, Hospitality) |
| Regional Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | VeriFone Systems, Micros Systems, Ingenico S.A., Pax technology Limited, Cisco, Systems, Squirrel Systems, Toshiba Corporation, POS Direct Ltd, Panasonic Corporation |
MARKET DYNAMICS:
KEY DRIVERS:
Growth of E-commerce and Omnichannel Retailing
Increasing Need for Data Analytics and Inventory Management
Rising Shift Towards Cashless Economy
Consumers are increasingly opting for cashless transactions due to convenience and security. This trend necessitates the adoption of advanced POS terminals that can handle various payment methods like debit cards, credit cards, and mobile wallets. According to a Worldpay FIS Global Payments Report, the global cashless transaction value is expected to reach $96.4 trillion by 2024, which highlighting the growing demand for POS systems.
RESTRAINTS:
Limited Technical Expertise in Small Businesses
High Initial Investment and Security Concerns
Implementing POS systems, especially cloud-based solutions, can involve upfront costs for hardware, software, and ongoing subscriptions. Additionally, security breaches involving sensitive customer data pose a significant concern for businesses.
OPPORTUNITIES:
Integration with AI and Machine Learning
The integration of AI and machine learning in POS systems can offer advanced features like predictive analytics, personalized marketing, and automated inventory management. This presents an opportunity for innovation and differentiation in the market.
CHALLENGES:
As POS systems handle sensitive customer data, cybersecurity threats like malware attacks and data breaches remain a major challenge.
Competition from Mobile POS Solutions
The rise of mobile POS (mPOS) solutions that utilize smartphones and tablets as payment terminals presents a challenge to traditional POS systems. Businesses, particularly small businesses, might find mPOS solutions more affordable and convenient.
IMPACT OF RUSSIA-UKRAINE WAR
The war has significantly impacted the POS terminal market in Eastern Europe, particularly in Russia and Ukraine. Economic instability, sanctions, and logistical challenges have caused a sharp decline in demand for POS systems in these regions. for eg. Verifone, A leading provider of POS terminals and payment solutions. Their Eastern European sales and potentially global supply chain issues could be impacted. another eg. Nexera (formerly Diebold Nixdorf), A prominent POS terminal manufacturer. Their global supply chain and Eastern European market could be negatively affected.
IMPACT OF ECONOMIC SLOWDOWN
Economic uncertainty can make businesses hesitant to adopt new technologies like advanced cloud-based POS systems. The upfront costs and potential risks associated with new technology adoption become less appealing in a slow economic climate. Certain industries are more vulnerable to economic slowdowns. Sectors like retail, hospitality, and restaurants might experience a decline in customer spending during these periods. This directly translates to a lower demand for POS terminals from businesses within these sectors. Also, The POS terminal market can also experience a shift towards more affordable solutions during economic downturns, with increased competition from mobile POS (mPOS) providers.
KEY MARKET SEGMENTS:
By Product
Fixed
Kiosks
Others
Mobile
Tablet
Others
Based on Product, The Fixed segment led the industry in 2023, with a maximum share of more than 60% of the global turnover. The fixed POS segment is divided into kiosks and others. Large vendors are opting for fixed POS terminals due to high acquisition and installation costs, which have currently supported the growth of the segment. In addition, end users familiar with cloud storage install fixed POS terminals to store data on a local server. These systems have applications such as invoice printing, CRM (customer relationship management), inventory management and supporting payment devices.
The Mobile POS segment is expected to register the fastest CAGR during the forecasted period 2024-2031. The growth is due to the widespread use of mobile payments in stores among customers around the world. Mobile POS terminals help make payments from any store. Many end users, such as restaurants, have started adopting mPOS because it facilitates payments during busy times and avoids lost sales due to delays, thus improving customer satisfaction. For example, China's quick service restaurants (QSRs) have started using systems such as digital kiosks and tablets to display menus and place orders. This will help restaurants improve operational efficiency and customer experience, which in turn is likely to lead the industry.
By Component
Hardware
Software
Services
Based on Component, the hardware segment dominated the industry in 2023 and represented the largest share of more than 63 % of total revenue. The segment is projected to continue growing at a constant CAGR during 2023-2030. Hardware components include interfaces or devices for recording transaction data, such as EFT-POS machines, network devices, barcode readers, cash registers, receipt printers, tablets and monitors. A fixed POS terminal contains most of the hardware components needed to complete the system and facilitates the management of daily operations using the system.
By Deployment
Cloud
On-premise
By End-User
Restaurants
FSR
Fine Dine
Casual Dine
QSR
Drive-Thru
Others
Institutional
Fast Casual
Drive-Thru
Others
Healthcare
Pharmacies
Others
Entertainment
Cruise Lines/Ships
Cinema
Casinos
Golf Clubs
Stadiums
Amusement Parks
Warehouse
Retail
Supermarkets/Hypermarkets
Convenience Stores
Grocery Stores
Specialty Stores
Gas Stations
Others
Hospitality
Spas
Hotels
Resorts
Based on End-User, The retail segment emerged as the largest segment in 2023, accounting for approximately 30.0% of the total market. A few vendors move on to simplified mode to avoid long queues and delayed transactions. As a result, retailers are now integrating the POS system with inventory data, marketing, and Customer Relationship Management (CRM) to provide a personal, collaborative, and unique customer experience. In addition, part of the store is divided into two stores / supermarkets, convenience stores, grocery stores, specialty stores and a gas station. The share of supermarkets / hypermarkets is expected to expand to a very high CAGR by more than 8.7% during the forecast period.
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Based on the global diversity of retail outlets and the distribution of targeted audiences around the world, the market operates in 4 major regions. The North American market is likely to grow with excellent growth prospects and thus, has helped the market reach its largest point of market size at the end of the 2024-2031 forecast period. The point of sale in the retail market is home to the modern development of the payment industry as well, with extensive contributions made by business-specific solutions. Another reason that will help the market to gain momentum in the global competition is the significant use and implementation of wireless PoS terminals across a wide range of industries such as the hotel, medical, and healthcare among others such as the retail and entertainment industry. EMV is one of the compliance requirements affecting improved security of payments that will add to the market growth graph during the forecast period 2024-2031
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Major market players in POS Terminals Market are, VeriFone Systems, Quail Digital, Revel Systems, Toast, Inc., Acumera, Inc, HM Electronics, Hewlett Packard Development LP, Quail Digital, Revel Systems, Toast, Inc., Acumera, Inc, HM Electronics, Cisco Systems, Pax technology Limited, NCR Corporation, Oracle Corporation, Payabl, POSaBIT Systems Corporation; Acrelec, AURES Group, Presto Group, Qu, Inc., Toshiba Corp., TouchBistro, Xenial, Inc. and others players.
Micros Systems-Company Financial Analysis
RECENT DEVELOPMENT
In January 2024, Acumera, Inc. will present Acumera Reliant Platform at the National Retail Federation (NRF) 2024 Conference and Expo. The Acumera Reliant Platform is designed for retailers. Retailers have constant access to critical applications to remain competitive in the rapidly evolving retail market.
In June 2023, the FinTech company paid. has launched a new point-of-sale (POS) solution that enables businesses to accept payments from both online and offline sales through a single terminal, enhancing its omni-channel payment services for in-person purchases from retailers.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 101.7 Billion |
| Market Size by 2031 | US$ 195.3 Billion |
| CAGR | CAGR of 8.5% From 2024 to 203 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Drivers | • Features that are part of POS programs help increase productivity that has a positive impact on sales value, too |
| Restraints | • privacy issues and concerts related to data leaks. |
POS Terminals Market size was valued at 101.7 billion in 2023 at a CAGR of 8.5%.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries
In the POS Terminals Market, the hardware component has a highest market share of around 60%.
The North American region dominates the POS Terminals Market.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. POS Terminals Market, By Product
9.1 Introduction
9.2 Trend Analysis
9.3 Fixed
9.3.1 Kiosks
9.3.2 Others
9.4 Mobile
9.4.1 Tablet
9.4.2 Others
10. POS Terminals Market, By Component
10.1 Introduction
10.2 Trend Analysis
10.3 Hardware
10.4 Software
10.5 Services
11. POS Terminals Market, By Deployment
11.1 Introduction
11.2 Trend Analysis
11.3 Cloud
11.4 On-premise
12. POS Terminals Market, By End-User
12.1 Introduction
12.2 Trend Analysis
12.312.3 Restaurants
12.3.1 FSR
12.3.1.1 Fine Dine
12.3.1.2 Casual Dine
12.3.2 QSR
12.3.2.1 Drive-Thru
12.3.2.2 Others
12.3.3 Institutional
12.3.3.1 Fast Casual
12.3.3.1.1 Drive-Thru
12.3.3.1.2 Others
12.4 Healthcare
12.4.1 Pharmacies
12.4.2 Others
12.5 Entertainment
12.5.1 Cruise Lines/Ships
12.5.2 Cinema
12.5.3 Casinos
12.5.4 Golf Clubs
12.5.5 Stadiums
12.5.6 Amusement Parks
12.6 Warehouse
12.7 Retail
12.7.1 Supermarkets/Hypermarkets
12.7.2 Convenience Stores
12.7.3 Grocery Stores
12.7.4 Specialty Stores
12.7.5 Gas Stations
12.7.6 Others
12.8 Hospitality
12.8.1 Spas
12.8.2 Hotels
12.8.3 Resorts
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America POS Terminals Market, by Country
13.2.3 North America POS Terminals Market, By Product
13.2.4 North America POS Terminals Market, By Component
13.2.5 North America POS Terminals Market, By Deployment
13.2.6 North America POS Terminals Market, By End-User
13.2.7 USA
13.2.7.1 USA POS Terminals Market, By Product
13.2.7.2 USA POS Terminals Market, By Component
13.2.7.3 USA POS Terminals Market, By Deployment
13.2.7.4 USA POS Terminals Market, By End-User
13.2.8 Canada
13.2.8.1 Canada POS Terminals Market, By Product
13.2.8.2 Canada POS Terminals Market, By Component
13.2.8.3 Canada POS Terminals Market, By Deployment
13.2.8.4 Canada POS Terminals Market, By End-User
13.2.9 Mexico
13.2.9.1 Mexico POS Terminals Market, By Product
13.2.9.2 Mexico POS Terminals Market, By Component
13.2.9.3 Mexico POS Terminals Market, By Deployment
13.2.9.4 Mexico POS Terminals Market, By End-User
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe POS Terminals Market, by Country
13.3.2.2 Eastern Europe POS Terminals Market, By Product
13.3.2.3 Eastern Europe POS Terminals Market, By Component
13.3.2.4 Eastern Europe POS Terminals Market, By Deployment
13.3.2.5 Eastern Europe POS Terminals Market, By End-User
13.3.2.6 Poland
13.3.2.6.1 Poland POS Terminals Market, By Product
13.3.2.6.2 Poland POS Terminals Market, By Component
13.3.2.6.3 Poland POS Terminals Market, By Deployment
13.3.2.6.4 Poland POS Terminals Market, By End-User
13.3.2.7 Romania
13.3.2.7.1 Romania POS Terminals Market, By Product
13.3.2.7.2 Romania POS Terminals Market, By Component
13.3.2.7.3 Romania POS Terminals Market, By Deployment
13.3.2.7.4 Romania POS Terminals Market, By End-User
13.3.2.8 Hungary
13.3.2.8.1 Hungary POS Terminals Market, By Product
13.3.2.8.2 Hungary POS Terminals Market, By Component
13.3.2.8.3 Hungary POS Terminals Market, By Deployment
13.3.2.8.4 Hungary POS Terminals Market, By End-User
13.3.2.9 Turkey
13.3.2.9.1 Turkey POS Terminals Market, By Product
13.3.2.9.2 Turkey POS Terminals Market, By Component
13.3.2.9.3 Turkey POS Terminals Market, By Deployment
13.3.2.9.4 Turkey POS Terminals Market, By End-User
13.3.2.10 Rest of Eastern Europe
13.3.2.10.1 Rest of Eastern Europe POS Terminals Market, By Product
13.3.2.10.2 Rest of Eastern Europe POS Terminals Market, By Component
13.3.2.10.3 Rest of Eastern Europe POS Terminals Market, By Deployment
13.3.2.10.4 Rest of Eastern Europe POS Terminals Market, By End-User
13.3.3 Western Europe
13.3.3.1 Western Europe POS Terminals Market, by Country
13.3.3.2 Western Europe POS Terminals Market, By Product
13.3.3.3 Western Europe POS Terminals Market, By Component
13.3.3.4 Western Europe POS Terminals Market, By Deployment
13.3.3.5 Western Europe POS Terminals Market, By End-User
13.3.3.6 Germany
13.3.3.6.1 Germany POS Terminals Market, By Product
13.3.3.6.2 Germany POS Terminals Market, By Component
13.3.3.6.3 Germany POS Terminals Market, By Deployment
13.3.3.6.4 Germany POS Terminals Market, By End-User
13.3.3.7 France
13.3.3.7.1 France POS Terminals Market, By Product
13.3.3.7.2 France POS Terminals Market, By Component
13.3.3.7.3 France POS Terminals Market, By Deployment
13.3.3.7.4 France POS Terminals Market, By End-User
13.3.3.8 UK
13.3.3.8.1 UK POS Terminals Market, By Product
13.3.3.8.2 UK POS Terminals Market, By Component
13.3.3.8.3 UK POS Terminals Market, By Deployment
13.3.3.8.4 UK POS Terminals Market, By End-User
13.3.3.9 Italy
13.3.3.9.1 Italy POS Terminals Market, By Product
13.3.3.9.2 Italy POS Terminals Market, By Component
13.3.3.9.3 Italy POS Terminals Market, By Deployment
13.3.3.9.4 Italy POS Terminals Market, By End-User
13.3.3.10 Spain
13.3.3.10.1 Spain POS Terminals Market, By Product
13.3.3.10.2 Spain POS Terminals Market, By Component
13.3.3.10.3 Spain POS Terminals Market, By Deployment
13.3.3.10.4 Spain POS Terminals Market, By End-User
13.3.3.11 Netherlands
13.3.3.11.1 Netherlands POS Terminals Market, By Product
13.3.3.11.2 Netherlands POS Terminals Market, By Component
13.3.3.11.3 Netherlands POS Terminals Market, By Deployment
13.3.3.11.4 Netherlands POS Terminals Market, By End-User
13.3.3.12 Switzerland
13.3.3.12.1 Switzerland POS Terminals Market, By Product
13.3.3.12.2 Switzerland POS Terminals Market, By Component
13.3.3.12.3 Switzerland POS Terminals Market, By Deployment
13.3.3.12.4 Switzerland POS Terminals Market, By End-User
13.3.3.13 Austria
13.3.3.13.1 Austria POS Terminals Market, By Product
13.3.3.13.2 Austria POS Terminals Market, By Component
13.3.3.13.3 Austria POS Terminals Market, By Deployment
13.3.3.13.4 Austria POS Terminals Market, By End-User
13.3.3.14 Rest of Western Europe
13.3.3.14.1 Rest of Western Europe POS Terminals Market, By Product
13.3.3.14.2 Rest of Western Europe POS Terminals Market, By Component
13.3.3.14.3 Rest of Western Europe POS Terminals Market, By Deployment
13.3.3.14.4 Rest of Western Europe POS Terminals Market, By End-User
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific POS Terminals Market, by Country
13.4.3 Asia-Pacific POS Terminals Market, By Product
13.4.4 Asia-Pacific POS Terminals Market, By Component
13.4.5 Asia-Pacific POS Terminals Market, By Deployment
13.4.6 Asia-Pacific POS Terminals Market, By End-User
13.4.7 China
13.4.7.1 China POS Terminals Market, By Product
13.4.7.2 China POS Terminals Market, By Component
13.4.7.3 China POS Terminals Market, By Deployment
13.4.7.4 China POS Terminals Market, By End-User
13.4.8 India
13.4.8.1 India POS Terminals Market, By Product
13.4.8.2 India POS Terminals Market, By Component
13.4.8.3 India POS Terminals Market, By Deployment
13.4.8.4 India POS Terminals Market, By End-User
13.4.9 Japan
13.4.9.1 Japan POS Terminals Market, By Product
13.4.9.2 Japan POS Terminals Market, By Component
13.4.9.3 Japan POS Terminals Market, By Deployment
13.4.9.4 Japan POS Terminals Market, By End-User
13.4.10 South Korea
13.4.10.1 South Korea POS Terminals Market, By Product
13.4.10.2 South Korea POS Terminals Market, By Component
13.4.10.3 South Korea POS Terminals Market, By Deployment
13.4.10.4 South Korea POS Terminals Market, By End-User
13.4.11 Vietnam
13.4.11.1 Vietnam POS Terminals Market, By Product
13.4.11.2 Vietnam POS Terminals Market, By Component
13.4.11.3 Vietnam POS Terminals Market, By Deployment
13.4.11.4 Vietnam POS Terminals Market, By End-User
13.4.12 Singapore
13.4.12.1 Singapore POS Terminals Market, By Product
13.4.12.2 Singapore POS Terminals Market, By Component
13.4.12.3 Singapore POS Terminals Market, By Deployment
13.4.12.4 Singapore POS Terminals Market, By End-User
13.4.13 Australia
13.4.13.1 Australia POS Terminals Market, By Product
13.4.13.2 Australia POS Terminals Market, By Component
13.4.13.3 Australia POS Terminals Market, By Deployment
13.4.13.4 Australia POS Terminals Market, By End-User
13.4.14 Rest of Asia-Pacific
13.4.14.1 Rest of Asia-Pacific POS Terminals Market, By Product
13.4.14.2 Rest of Asia-Pacific POS Terminals Market, By Component
13.4.14.3 Rest of Asia-Pacific POS Terminals Market, By Deployment
13.4.14.4 Rest of Asia-Pacific POS Terminals Market, By End-User
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East POS Terminals Market, by Country
13.5.2.2 Middle East POS Terminals Market, By Product
13.5.2.3 Middle East POS Terminals Market, By Component
13.5.2.4 Middle East POS Terminals Market, By Deployment
13.5.2.5 Middle East POS Terminals Market, By End-User
13.5.2.6 UAE
13.5.2.6.1 UAE POS Terminals Market, By Product
13.5.2.6.2 UAE POS Terminals Market, By Component
13.5.2.6.3 UAE POS Terminals Market, By Deployment
13.5.2.6.4 UAE POS Terminals Market, By End-User
13.5.2.7 Egypt
13.5.2.7.1 Egypt POS Terminals Market, By Product
13.5.2.7.2 Egypt POS Terminals Market, By Component
13.5.2.7.3 Egypt POS Terminals Market, By Deployment
13.5.2.7.4 Egypt POS Terminals Market, By End-User
13.5.2.8 Saudi Arabia
13.5.2.8.1 Saudi Arabia POS Terminals Market, By Product
13.5.2.8.2 Saudi Arabia POS Terminals Market, By Component
13.5.2.8.3 Saudi Arabia POS Terminals Market, By Deployment
13.5.2.8.4 Saudi Arabia POS Terminals Market, By End-User
13.5.2.9 Qatar
13.5.2.9.1 Qatar POS Terminals Market, By Product
13.5.2.9.2 Qatar POS Terminals Market, By Component
13.5.2.9.3 Qatar POS Terminals Market, By Deployment
13.5.2.9.4 Qatar POS Terminals Market, By End-User
13.5.2.10 Rest of Middle East
13.5.2.10.1 Rest of Middle East POS Terminals Market, By Product
13.5.2.10.2 Rest of Middle East POS Terminals Market, By Component
13.5.2.10.3 Rest of Middle East POS Terminals Market, By Deployment
13.5.2.10.4 Rest of Middle East POS Terminals Market, By End-User
13.5.3 Africa
13.5.3.1 Africa POS Terminals Market, by Country
13.5.3.2 Africa POS Terminals Market, By Product
13.5.3.3 Africa POS Terminals Market, By Component
13.5.3.4 Africa POS Terminals Market, By Deployment
13.5.3.5 Africa POS Terminals Market, By End-User
13.5.3.6 Nigeria
13.5.3.6.1 Nigeria POS Terminals Market, By Product
13.5.3.6.2 Nigeria POS Terminals Market, By Component
13.5.3.6.3 Nigeria POS Terminals Market, By Deployment
13.5.3.6.4 Nigeria POS Terminals Market, By End-User
13.5.3.7 South Africa
13.5.3.7.1 South Africa POS Terminals Market, By Product
13.5.3.7.2 South Africa POS Terminals Market, By Component
13.5.3.7.3 South Africa POS Terminals Market, By Deployment
13.5.3.7.4 South Africa POS Terminals Market, By End-User
13.5.3.8 Rest of Africa
13.5.3.8.1 Rest of Africa POS Terminals Market, By Product
13.5.3.8.2 Rest of Africa POS Terminals Market, By Component
13.5.3.8.3 Rest of Africa POS Terminals Market, By Deployment
13.5.3.8.4 Rest of Africa POS Terminals Market, By End-User
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America POS Terminals Market, by country
13.6.3 Latin America POS Terminals Market, By Product
13.6.4 Latin America POS Terminals Market, By Component
13.6.5 Latin America POS Terminals Market, By Deployment
13.6.6 Latin America POS Terminals Market, By End-User
13.6.7 Brazil
13.6.7.1 Brazil POS Terminals Market, By Product
13.6.7.2 Brazil POS Terminals Market, By Component
13.6.7.3 Brazil POS Terminals Market, By Deployment
13.6.7.4 Brazil POS Terminals Market, By End-User
13.6.8 Argentina
13.6.8.1 Argentina POS Terminals Market, By Product
13.6.8.2 Argentina POS Terminals Market, By Component
13.6.8.3 Argentina POS Terminals Market, By Deployment
13.6.8.4 Argentina POS Terminals Market, By End-User
13.6.9 Colombia
13.6.9.1 Colombia POS Terminals Market, By Product
13.6.9.2 Colombia POS Terminals Market, By Component
13.6.9.3 Colombia POS Terminals Market, By Deployment
13.6.9.4 Colombia POS Terminals Market, By End-User
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America POS Terminals Market, By Product
13.6.10.2 Rest of Latin America POS Terminals Market, By Component
13.6.10.3 Rest of Latin America POS Terminals Market, By Deployment
13.6.10.4 Rest of Latin America POS Terminals Market, By End-User
14. Company Profiles
14.1Quail Digital
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Revel Systems
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Toast, Inc.
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Acumera, Inc.
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 HM Electronics
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 Hewlett Packard Development LP
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 NCR Corporation
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Oracle Corporation
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Payabl
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 POSaBIT Systems Corporation
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Mobile Augmented Reality Market size was valued at USD 17.08 billion in 2023 and is expected to grow to USD 158 billion by 2031 and grow at a CAGR Of 32 % over the forecast period of 2024-2031.
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Cable Blowing Equipment Market Size was valued at USD 102 million in 2022 and is expected to reach USD 158.92 Million by 2030, and grow at a CAGR of 5.7% over the forecast period 2023-2030
The Semiconductor Inspection Microscope Market size was valued at USD 6.24 billion in 2023 and is expected to Reach USD 9.81 billion by 2031 and grow at a CAGR of 5.82% over the forecast period of 2024-2031.
The Inline Metrology Market Size was valued at USD 0.60 billion in 2023 and is expected to reach USD 1.32 billion by 2031 and grow at a CAGR of 10.29% over the forecast period 2024-2031.
Mining Automation Market Size was valued at USD 5.26 billion in 2023 and is expected to reach USD 9.32 billion by 2032 and grow at a CAGR of 7.4% over the forecast period 2024-2032.
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