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Point of Sale (POS) Cash Register Market - Forecasts from 2019 to 2024

  • ID: 4835396
  • Report
  • 101 pages
  • Knowledge Sourcing Intelligence LLP
UP TO OFF
until Dec 31st 2019
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FEATURED COMPANIES

  • Casio Computer Co., Ltd.
  • Citaq Co., Ltd.
  • Dell
  • Intuit Inc.
  • Olivetti SpA
  • Posiflex Technology, Inc.
  • MORE
The global Point of Sale (POS) cash register market was valued at US$14.793 billion in 2018 and is expected to grow at a CAGR of 1.16% over the forecast period to reach a total market size of US$15.854 billion by 2024. The growth of the market is majorly attributed to rapid growth of retail and hospitality industry worldwide. As number of establishments across these sectors continues to increase on account of huge capital investments being pumped by major industry players in high-growth regions, the adoption of advanced technologies to streamline various business functions will also continue to increase. This will continue to drive the market for POS cash register in many regions. However, continuous shift of customers from cash-based transactions to cashless transactions is slowing down the growth of the market as digital payments do not require cash registers.

Geographically, North America and the European region hold a relatively small share in comparison to Asia Pacific, and these regions are expected to witness a slow market growth over the projected period. The market for Point of Sale (POS) cash registers in developing countries specifically in the Asia Pacific and Middle East is expected to grow due to increasing adoption of technology as well as the urbanization overhaul taking over in the retail industry across these regions.

Over the next decade, the line between online and offline stores will continue to blur. Emerging business models will continue to gain scale and traction across all major sectors. This will continue to shape the growth of this market throughout and beyond our projected period.

Drivers

Growing retail and hospitality industry
Continuous integration of advanced technologies into POS cash registers

Restraints

Shifting trends towards cashless payments

The major players profiled in the POS cash register market are Toshiba Tec Corporation, Casio Computer Co., Ltd., Dell, Olivetti SpA, Citaq Co., Ltd., Posiflex Technology, Inc., ShopKeep and Intuit Inc.

Segmentation

The POS cash register market has been analyzed through the following segments:

By Industry Vertical

Retail
Hospitality
Tourism
Healthcare

By Geography

North America
United States
Canada
Mexico

South America
Brazil
Argentina

Europe
UK
Germany
France
Spain
Others

Middle East and Africa
UAE
South Africa
Others

Asia Pacific
China
Japan
India
Australia
Others
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Casio Computer Co., Ltd.
  • Citaq Co., Ltd.
  • Dell
  • Intuit Inc.
  • Olivetti SpA
  • Posiflex Technology, Inc.
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. POINT OF SALE (POS) CASH REGISTER MARKET BY INDUSTRY VERTICAL
5.1. Retail
5.2. Hospitality
5.3. Tourism
5.4. Healthcare

6. POINT OF SALE (POS) CASH REGISTER MARKET BY GEOGRAPHY
6.1. North America
6.1.1. United States
6.1.2. Canada
6.1.3. Mexico
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.3. Europe
6.3.1. UK
6.3.2. Germany
6.3.3. France
6.3.4. Spain
6.3.5. Others
6.4. Middle East and Africa
6.4.1. UAE
6.4.2. South Africa
6.4.3. Others
6.5. Asia Pacific
6.5.1. China
6.5.2. Japan
6.5.3. India
6.5.4. Australia
6.5.5. Others

7. COMPETITIVE INTELLIGENCE
7.1. Competitive Benchmarking and Analysis
7.2. Recent Investments and Deals
7.3. Strategies of Key Players

8. COMPANY PROFILES
8.1. Toshiba Tec Corporation
8.2. Casio Computer Co., Ltd.
8.3. Dell
8.4. Olivetti SpA
8.5. Citaq Co., Ltd.
8.6. Posiflex Technology, Inc.
8.7. ShopKeep
8.8. Intuit Inc.
Note: Product cover images may vary from those shown
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  • Toshiba Tec Corporation
  • Casio Computer Co., Ltd.
  • Dell
  • Olivetti SpA
  • Citaq Co., Ltd.
  • Posiflex Technology, Inc.
  • ShopKeep
  • Intuit Inc.
Note: Product cover images may vary from those shown
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The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.

 

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