Global POS Terminal Market - Strategic Assessment and Forecast 2017-2022

  • ID: 4301765
  • Report
  • Region: Global
  • 161 Pages
  • Beige Market Intelligence
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Global POS Terminal Market is Likely to Grow at a CAGR Of 12.53% During the Forecast Period 2016-2022

FEATURED COMPANIES

  • BBPOS
  • Castles Technology
  • Dspread Technology
  • Ingenico
  • Nexgo
  • Spire Payments
  • MORE
Report Insights

The report considers the present scenario of the global POS market and its strategic assessment for the period 2017-2022. It includes a detailed study of growth drivers, trends, and restraints. The report also profiles the leading vendors in the market and other key vendors.

The report provides a detailed analysis of the POS market key segments by format type, end-users, geography, country, and vendors. It provides a comprehensive analysis of market size and forecast in terms of the following:

- Revenue
- Shipment

By Product Type

- Based on Formats
- Fixed terminals
- Mobile terminals
- Based on Compliance
- EMV
- Non-EMV
- Based on NFC technology
- NFC-ready
- No NFC

By End-user

- Retail
- Supermarket and hypermarkets
- Specialty stores
- Gas stations
- Drug stores
- Others
- Restaurant
- Warehouse and distribution
- Entertainment
- Healthcare
- Hospitality

By Geography

- APAC
- EMEA (Europe, Middle East, and Africa)
- North America
- Latin America

POS Terminal Market - Market Size and Dynamics

Analysts expect that the global POS terminal market is likely to grow at a CAGR of 12.53% during the forecast period 2016-2022. The demand for POS payment terminals is primarily supported by two key factors: Increase in per capita GDP, which has led to change in lifestyles in emerging markets and a rapid increase in dual-income households in developed markets fuelling retail growth. The market is particularly well-developed and growing, with the presence of vendors such as Ingenico, Verifone, and PAX Global offering products to a diverse range of merchants. The demand from such merchants has also grown in countries such as the US, China, and India due to the booming retail market, as well as, a shift in unorganized markets to adopt POS systems in developing countries.

The fixed POS system constitutes the largest market share both in terms of revenue and unit shipment. However, mPOS is expected to grow at a rapid rate during 2016-2022, which is higher than the global CAGR during the same period.

POS Terminal Market - Trends, Drivers, and Restraints

The report outlines the latest trends and factors that are expected to drive the market during the forecast period. Introduction of cloud-based point of sale systems is the latest trend in the market. A cloud-based system can be directly assessed from the web through the internet browsers and is compatible with the hardware such as printers and cash register drawers. The vendor has accessibility to the customer’s data at any geographical location through a Wi-Fi connection. Also, growing demand for tablet point of sale and increased merger and acquisition activities in the global POS market are among the major trends discussed in the report.

The usage of debit and credit cards is facilitated through POS terminals and ATMs present at various outlets such as the retail, drug, gas station, restaurant, and hospitality. Increased usage of debit and Credit cards and popularity of cashless transactions are going to drive the market during the forecast period. Further, the introduction of mobile payment system with loyalty programs and the emergence of EMV-compliant terminals are among the other factors that are going to boost the global market.

Further, the report provides a detailed study of expected challenges to the market. Stringent government regulations on the payment processing industry and the need for continual support and upgrades are restraints for the global POS market. This report also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market.

POS Terminal Market - Geographical Analysis

The report includes the market analysis of different regions such as APAC, Europe, Latin America, MEA, and North America. It outlines the major market shareholders and analyzes the market size of all the leading regions. In 2016, APAC was the largest market for POS payment terminals, followed by Europe and Latin America. The demand was majorly concentrated in developing countries such as China and India. China is emerging as one of the largest POS markets in the world and offers a high growth potential for market growth during the forecast period. The market in North America is expected to witness a high demand for POS terminals because of their reliability, ease of installation, and convenience offers.

POS Terminal Market - Key Vendors and Market Share

The market has high growth potential. Vendors are increasingly indulging in distribution and forming conglomerates to cash on the opportunities. The profitability potential is driving vendors to invest in the market. The report profiles all major companies in the global baby diapers market and provides the competitive landscape and market shares of key players. It covers the entire market outlook regarding the value chain operating within the market.

Following are the Major Vendors in the POS terminal Market:

- Ingenico
- Verifone
- Fujian Newland Payment Technology
- PAX Global Technology

Other prominent vendors included in the report are BBPOS, SZZT Electronics, Nexgo, Dspread Technology, New POS Technology, Castles Technology, Bitel, Hangzhou Sunyard, Spire Payments, Centerm.

Why should you buy the report?

The report provides answers to the following questions related to the global POS market:
1. What are the current changes witnessed by the market and how are they likely to impact the market landscape in the near future?
2. What are the various factors that can affect the market over the next few years?
3. What will be the emerging trends and challenges in the market over the next five years?
4. What is the market size and market forecast for each product type?
5. What is the market size and forecast of the sales through different distribution channels?
6. What is the sales forecast in unit shipment?
7. Which region is expected to register the highest market share?
8. What are the factors that drive the market growth in each region?
9. What is the sale growth rate in key geographies?
10. Which are the major countries in terms of market size and market forecast?
11. Which are the leading vendors in the market?
12. What are the main strategies implemented by leading vendors to increase growth opportunities?
13. Which are the prominent vendors in the market?
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FEATURED COMPANIES

  • BBPOS
  • Castles Technology
  • Dspread Technology
  • Ingenico
  • Nexgo
  • Spire Payments
  • MORE
Section 1 Research Methodology

Section 2 Report Coverage
2.1 Executive Summary
2.2 Scope of the Study
2.2.1 Definition of Product
2.2.2 Product Segments
2.2.3 End-user Segments
2.2.4 Base Year
2.2.5 Geography
2.3 Market Size Calculation Methodology
2.4 Report Assumptions
2.5 Vendor Segmentation
2.6 Common Currency Conversion Rates

Section 3 Market Landscape
3.1 Introduction
3.1.1 Fixed POS System
3.1.2 Mobile POS
3.2 Factors Driving Growth
3.2.1 Per Capita GDP in Developing Markets
3.2.2 Dual-income Households in Developed Markets
3.3 Benefits of Adopting POS System
3.4 Case Scenario of Usage of POS Terminals
3.4.1 Alfamart Adoption of POS Systems
3.4.2 Update to EMV-enabled POS Terminals at Home Depot

Section 4 Total Cost of Ownership of a POS Terminal
4.1 Measures to Reduce TCO of POS System
4.1.1 Manageability
4.1.2 POS Terminal Scalability
4.1.3 Energy Saving
4.1.4 Efficiency and Reliability
4.1.5 Headroom Computation

Section 5 Product Life Cycle

Section 6 Key Market Trends
6.1.1 YoY Impact of Market Trends
6.1.2 Impact of Market Trends on Geographies in 2016
6.1.3 Sensitivity Analysis of Key Market Trends

Section 7 Key Market Growth Drivers
7.1.1 YoY Impact of Market Drivers
7.1.2 Impact of Market Drivers on Geography in 2016
7.1.3 Impact of Growth Drivers Across Geography 2016-2022

Section 8 Key Market Restraints
8.1.1 YoY Impact of Market Restraints
8.1.2 Impact of Market Restraints on Geographies in 2016
8.1.3 Impact of Restraints on Global POS Market 2016-2022

Section 9 Value Chain Analysis
9.1 Introduction
9.2 Case Study
9.3 Stakeholders as Driving Forces
9.3.1 Government
9.3.2 Business Buyers
9.4 Value Chain Analysis of Global POS Market
9.4.1 POS Hardware Manufacturers and Software Developers
9.4.2 POS Distributors
9.4.3 POS Value Added Resellers (VARs)
9.4.4 POS End-user

Section 10 Global Market Size and Forecast
10.1 Global POS Market
10.1.1 Historical Data: 2014-2015
10.1.2 Market Size and Forecast 2016-2022
10.2 Five Force Analysis
10.2.1 Threat of New Entrants
10.2.2 Bargaining Power of Suppliers
10.2.3 Bargaining Power of Buyers
10.2.4 Threat of Substitutes
10.2.5 Competitive Rivalry

Section 11 Market Segmentation by Product Type
11.1 Global POS Market by Format Type
11.2 Global POS Market by Compliance
11.2.1 Market Size and Forecast
11.3 Global POS Market by NFC Technology
11.3.1 Market Size and Forecast

Section 12 Market Segmentation by End-users
12.1 Global POS Market by End-users
12.2 Applicability of POS Systems across Industries
12.2.1 Retail
12.2.2 Restaurant
12.2.3 Warehouse and Distribution
12.2.4 Entertainment
12.2.5 Healthcare
12.2.6 Hospitality

Section 13 Geographical Segmentation
13.1 Market Overview

Section 14 POS Market in APAC
14.1 Historical Market Size 2014-2015
14.2 Market Size and Forecast 2016-2022
14.3 Shift Toward mPOS and HCE POS Terminals
14.4 Key Countries
14.5 Leading Trend, Driver, and Restraint

Section 15 POS Market in Europe
15.1 Historical Data 2014-2015
15.2 Market Size and Forecast 2016-2022
15.3 Key Countries
15.3.1 Adoption of Contactless POS Terminals
15.3.2 Adoption of mPOS Cases
15.3.3 Currency Depreciation and its Effects on Global POS Market
15.4 Leading Trend, Driver, and Restraint

Section 16 POS Market in Latin America
16.1 Historical Market Size 2014-2015
16.2 Market Size and Forecast 2016-2022
16.2.1 Moderate Growth of POS Market in Latin America led by 40-50% Card-based Transactions
16.2.2 Latin America POS Terminal Growth led by Retail, especially Gas Station End Market
16.3 Key Countries
16.3.1 Subsidized POS Terminals
16.3.2 VAT Reduction
16.4 Leading Trend, Driver, and Restraint

Section 17 POS Market in MEA
17.1 Historical Market Size 2014-2015
17.2 Market Size and Forecast 2016-2022
17.2.1 Factors Attributing Low Market Share and Growth Rate
17.2.2 Hospitality Industry Leading the Growth of the POS Market in MEA
17.3 Key Countries
17.3.1 Payments Market in MEA and its Effect on POS Market
17.4 Leading Trend, Driver, and Restraint

Section 18 POS Market in North America
18.1 Historical Data 2014-2015
18.2 Market Size and Forecast 2016-2022
18.3 Key Countries
18.3.1 EMV Compliance Standard
18.3.2 Non-Cash Payments and NFC POS Dominance
18.4 Leading Trend, Driver, and Restraint

Section 19 Vendor Landscape
19.1 Competitive Landscape
19.2 Market Structure and Mapping of Competition

Section 20 Key Vendor Analysis
20.1 Ingenico Group
20.1.1 Business Overview
20.1.2 Business Segments
20.1.3 Ingenico Group in POS Market
20.1.4 Major Product Offerings
20.1.5 Key Strategies
20.1.6 Key Strengths
20.1.7 Key Opportunities
20.2 Fujian Newland Payment Technology
20.2.1 Business Overview
20.2.2 Fujian Newland in POS Market
20.2.3 Major Product Offerings
20.2.4 Key Strategies
20.2.5 Key Strengths
20.2.6 Key Opportunities
20.3 PAX Global Technology
20.3.1 Business Overview
20.3.2 Business Segments
20.3.3 Ingenico Group in POS Market
20.3.4 Major Product Offerings
20.3.5 Key Strategies
20.3.6 Key Strengths
20.3.7 Key Opportunities
20.4 Verifone Systems
20.4.1 Business Overview
20.4.2 Business Segments
20.4.3 Verifone in POS Market
20.4.4 Major Product Offerings
20.4.5 Key Strategies
20.4.6 Key Strengths
20.4.7 Key Opportunities

Section 21 Other Vendors with Prominent Presence in Global POS Market
21.1 BBPOS
21.1.1 Company Overview
21.1.2 Product Offerings
21.1.3 Strength
21.1.4 Strategy
21.2 Bitel
21.2.1 Company Overview
21.2.2 Product Offerings
21.2.3 Strength
21.2.4 Strategy
21.3 Castles Technology
21.3.1 Company Overview
21.3.2 Product Offerings
21.3.3 Strength
21.3.4 Strategy
21.4 Centerm
21.4.1 Company Overview
21.4.2 Product Offerings
21.4.3 Strength
21.4.4 Strategy
21.5 Dspread Technology
21.5.1 Company Overview
21.5.2 Product Offerings
21.5.3 Strategy
21.6 Hangzhou Sunyard
21.6.1 Business overview
21.6.2 Product Offerings
21.6.3 Strength
21.6.4 Strategy
21.7 Nexgo (Shenzhen Xinguodu Technology)
21.7.1 Company Overview
21.7.2 Product Offerings
21.7.3 Strength
21.7.4 Strategy
21.8 New POS Technology
21.8.1 Company Overview
21.8.2 Product Offerings
21.8.3 Strength
21.8.4 Strategy
21.9 Spire Payments
21.9.1 Company Overview
21.9.2 Product Offerings
21.9.3 Strength
21.9.4 Strategy
21.10 SZZT Electronics
21.10.1 Company Overview
21.10.2 Product Offerings
21.10.3 Strength
21.10.4 Strategy
21.11 Other Emerging Vendors Worth Mention

Section 22 Summary of the Report
22.1 Descriptive Summary

Section 23 Summary of Figures

Section 24 Appendix
24.1 List of Abbreviations

List of Exhibits

Exhibit 1 Summary of Global POS Market 2016-2022
Exhibit 2 Global POS Market at a Glance 2016
Exhibit 3 Major Countries Considered in Different Geographies
Exhibit 4 Market Size Calculation Approach 2016
Exhibit 5 Various Factors Considered for this Report
Exhibit 6 Common Currency Conversion 2013-2016
Exhibit 7 Overview of Global POS Market
Exhibit 8 Real GDP per Capita Growth in Various Developing Countries 2013-2015
Exhibit 9 Dual-income Households in US (1970 vs. 2015)
Exhibit 10 Benefits of Adopting POS System
Exhibit 11 Total Cost Saving per POS Terminal Adoption Annually (percentage)
Exhibit 12 Lifespan of POS System Hardware Components
Exhibit 13 Product Life Cycle of Global POS Market
Exhibit 14 Difference between Cloud-based and Traditional POS Systems
Exhibit 15 Recent Mergers and Acquisitions Witnessed in Global POS Market
Exhibit 16 Steps to Combat POS Fraudulent Activities
Exhibit 17 Sensitivity Analysis of Key Market Trends 2016-2022
Exhibit 18 Cards with Cash Function Issued per Country 2015
Exhibit 19 Cards with e-Money Function Issued per Country 2015
Exhibit 20 Proportion of Mobile Payment Users by Geographies 2016
Exhibit 21 Installed Base of POS Terminals in Various APAC Countries 2015 (million)
Exhibit 22 Impact of Growth Drivers across Geography 2016-2022
Exhibit 23 Account Ownership Age 15 plus 2015
Exhibit 24 Common POS Terminals Error Codes due to Connectivity Issues
Exhibit 25 Impact of Restraints on Global POS Market 2016-2022
Exhibit 26 Value Chain of Global POS Market in Compliance with Payment System
Exhibit 27 Global POS Market by Historical Data 2014-2015
Exhibit 28 Global POS Market 2016-2022 (million units)
Exhibit 29 Global POS Market 2016-2022 ($ billion)
Exhibit 30 Comparison of CAGR of Global POS Market Vis-à-vis Global mPOS Market 2016-2022
Exhibit 31 Global Urban and Rural Human Population 1950-2050 (millions)
Exhibit 32 Women Workforce in Japan 1985 vs. 2014
Exhibit 33 Penetration of Smartphones in North America, Western Europe, and APAC 2010-2022
Exhibit 34 Total GDP Contribution from Card Usage in Various Countries 2011-2015 ($ billion)
Exhibit 35 Five Force Analysis 2016
Exhibit 36 Global POS Market by Format Type
Exhibit 37 Global POS Market by Format Type 2016
Exhibit 38 Global POS Market by Format Type 2016-2022 (million units)
Exhibit 39 Comparison of Growth Rate of Various Format Types (Unit Shipment) 2017-2022
Exhibit 40 Global Fixed POS Market 2016-2022 ($ billion)
Exhibit 41 Global Fixed POS Market 2016-2022 (million units)
Exhibit 42 Global mPOS Market 2016-2022 ($ billion)
Exhibit 43 Global mPOS Market 2016-2022 (million units)
Exhibit 44 Global POS Market by Compliance
Exhibit 45 Global POS Market by Format Type 2016
Exhibit 46 Global POS Market by Compliance 2016-2022 (million units)
Exhibit 47 Global POS Market by Compliance 2016-2022 ($ billion)
Exhibit 48 Global POS Market by NFC Technology
Exhibit 49 Global POS Market by NFC Technology Type 2016
Exhibit 50 Global POS Market by NFC Technology 2016-2022 (million units)
Exhibit 51 Global POS Market by NFC Technology 2016-2022 ($ billion)
Exhibit 52 Various End-users of Global POS Market
Exhibit 53 Global POS Market by End-users 2016
Exhibit 54 Global POS Market by End-users 2016-2022 (million units)
Exhibit 55 Global POS Market by End-users 2016-2022 ($ billion)
Exhibit 56 Global POS Market by Unit Shipment by Retail Chains 2016
Exhibit 57 Global POS Market by Market Share in 2016 and 2022
Exhibit 58 Comparison of CAGR of Key Geographies 2016-2022
Exhibit 59 POS Market in APAC by Historical Data 2014-2015
Exhibit 60 POS Market in APAC 2016-2022 (million units)
Exhibit 61 Gross Domestic Savings of China, India, and South Korea 2008-2014 (percentage of income)
Exhibit 62 Increase in Urban Population in APAC (%) 2005-2045
Exhibit 63 POS Market in APAC 2016-2022 ($ billion)
Exhibit 64 Installed Base of POS Terminals in Select APAC Countries 2015
Exhibit 65 Comparison of Southeast Asian Countries with Income Brackets 2010-2025
Exhibit 66 Urban Households in China: Income Breakup 2010-2020
Exhibit 67 POS Market in APAC by Key Countries 2016 (shipment units)
Exhibit 68 Proportion of POS Terminals per 100,000 Inhabitants in Select APAC Countries
Exhibit 69 POS Market in Europe by Historical Data 2014-2015
Exhibit 70 POS Market in Europe 2016-2022 (million units)
Exhibit 71 Changes in Per Capita Disposable Income in EU-28 Countries 2006-2015
Exhibit 72 Annual Saving Ratio of Western European Countries 2008-2017
Exhibit 73 Change in Annual Household Disposable Income in Europe 2008-2015 (%)
Exhibit 74 POS Market in Europe 2016-2022 ($ billion)
Exhibit 75 Installed Base of POS Terminals in Select European Countries 2015
Exhibit 76 Proportion of POS Terminals per 100,000 Inhabitants in Europe
Exhibit 77 Sales Tax on POS Terminal Import to European Country
Exhibit 78 POS Market in Europe by Key Countries 2016 (shipment units) 2016
Exhibit 79 POS Market in Latin America: Historical Data 2014-2015
Exhibit 80 POS Market in Latin America 2016-2022 (million units)
Exhibit 81 POS Market in Latin America 2016-2022 ($ billion)
Exhibit 82 POS Market in Latin America by Key Countries 2016 (shipment unit)
Exhibit 83 Proportion of POS Terminals per 100,000 Inhabitants in Select Latin American Countries 2016
Exhibit 84 POS Market in MEA by Historical Data 2014-2015
Exhibit 85 POS Market in MEA 2016-2022 (million units)
Exhibit 86 POS Market in MEA 2016-2022 ($ billion)
Exhibit 87 POS Terminal Market in MEA by Key Countries 2016
Exhibit 88 Proportion of POS Terminals per 100,000 Inhabitants in Select MEA Countries 2016
Exhibit 89 POS Market in North America by Historical Data 2014-2015
Exhibit 90 Annual Saving Ratio of US 2008-2017
Exhibit 91 POS Market in North America 2016-2022 (million units)
Exhibit 92 Change in US GDP Growth Rate (Q1 2006 - Q2 2016)
Exhibit 93 POS Market in North America 2016-2022 ($ billion)
Exhibit 94 Proportion of POS Terminals per 100,000 Inhabitants in Various Countries 2016
Exhibit 95 Overview of Market Concentration in Various Geographies 2016 (as illustrated by HHI)
Exhibit 96 Global POS Market Vendor Share Analysis by Unit Shipment 2016
Exhibit 97 Business Revenue of Ingenico Group by Market FY2016
Exhibit 98 Business Revenue of PAX Global by Segments FY2016
Exhibit 99 Verifone Systems: Revenue by Product Line FY2016
Exhibit 100 Verifone Systems: Revenue by Geography FY2016
Exhibit 101 Descriptive Summary of Global POS Market
Exhibit 102 Summary of Global POS Market by Geography 2016-2022 ($ billion)
Exhibit 103 Summary of Global POS Market by Geography (Revenue) 2016-2022 (%)
Exhibit 104 Summary of Global POS Market by Geography 2016-2022 (million units)
Exhibit 105 Summary of Global POS Market by Geography (Unit Shipment) 2016-2022 (%)
Exhibit 106 Contribution of Electronic Payments to Global GDP 2012-2015
Exhibit 107 Average GDP Increase Due to Increase in Card Usage by Region 2012-2016
Exhibit 108 Contribution of Card Usage to Consumption in Select Countries 2012-2016
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- BBPOS
- Bitel
- Castles Technology
- Centerm
- Dspread Technology
- Fujian Newland Payment Technology
- Hangzhou Sunyard
- Ingenico
- New POS Technology
- Nexgo
- PAX Global Technology
- SZZT Electronics
- Spire Payments
- Verifone
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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