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China POS Machine Industry Report, 2008
Research In China, Aug 2008, Pages: 88
In 2007, most foreign brand POS machines exited the Chinese market. The foreign brands still in the market are mainly IBM and Wincor Nixdorf, occupying only 20% market shares. China's homemade POS machines, including brand machines and assemble machines in Mainland China and Taiwan, have become the mainstream of the market, occupying 80% market shares. The prices of POS machines have declined to CNY4,000 to CNY15,000. A large number of companies among China top 100 retail enterprises have adopted homemade POS machines.
After China's entry into the World Trade Organization, the Chinese market has become more open, more foreign-branded chain stores and brand shops have entered China. Startup of the ''Project of Thousands of Villages and Townships'' has brought about a substantial growth in sales of homemade and imported POS cash registers. Generally speaking, China's electronic cash register market has increased more than 20% annually after China's entry into WTO, and meanwhile, the POS market of foreign brand machines, homemade brand machines and assemble machines has also risen more than 30% annually.
Based on the authoritative statistics of the National Bureau of Statistics and the Ministry of Commerce as well as abundant information from industry associations and a large number of professional magazines at home and abroad, the report makes an in-depth analysis on the current situation, market demand, financial status, competition pattern and development trend of China POS machine industry, and also makes a thorough study on the potential demand and market opportunities of the industry, which provides strategic investors with market intelligence and scientific basis for decision-making.
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This title is also available in the following language
China POS Machine Industry Report, 2008 (Chinese Version)
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