The global market for PoS Accessories was estimated at US$25.8 Billion in 2023 and is projected to reach US$41.0 Billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Technological advancements have significantly transformed PoS accessories, making them more sophisticated, efficient, and user-friendly. The integration of wireless technology in barcode scanners and card readers has eliminated the need for cumbersome cables, providing greater mobility and flexibility at checkout counters. Advanced barcode scanners now come equipped with imaging technology that can read a variety of barcode formats, including 2D barcodes, ensuring accurate and swift scanning. Modern card readers support multiple payment methods, including contactless payments and mobile wallets, catering to the diverse preferences of customers. Additionally, the development of ergonomic designs and touch-sensitive interfaces in PoS keyboards and customer displays has enhanced ease of use and user comfort. These technological innovations have not only improved the functionality of PoS accessories but have also contributed to a more efficient and pleasant shopping experience for customers.
Technological advancements have significantly transformed PoS accessories, making them more sophisticated, efficient, and user-friendly. The integration of wireless technology in barcode scanners and card readers has eliminated the need for cumbersome cables, providing greater mobility and flexibility at checkout counters. Advanced barcode scanners now come equipped with imaging technology that can read a variety of barcode formats, including 2D barcodes, ensuring accurate and swift scanning. Modern card readers support multiple payment methods, including contactless payments and mobile wallets, catering to the diverse preferences of customers. Additionally, the development of ergonomic designs and touch-sensitive interfaces in PoS keyboards and customer displays has enhanced ease of use and user comfort. These technological innovations have not only improved the functionality of PoS accessories but have also contributed to a more efficient and pleasant shopping experience for customers.
What Are the Key Applications and Benefits of PoS Accessories?
PoS accessories are indispensable in various retail settings, from supermarkets and department stores to small boutiques and restaurants. In supermarkets, barcode scanners and cash drawers streamline high-volume transactions, ensuring quick and accurate checkouts. In restaurants, handheld PoS devices equipped with card readers and customer displays enable tableside ordering and payment, enhancing the dining experience. Specialty stores use advanced PoS keyboards and customer displays to provide detailed product information and personalized service, boosting customer engagement. The versatility and adaptability of PoS accessories make them valuable tools for improving operational efficiency, reducing transaction times, and enhancing customer satisfaction. Moreover, these accessories support inventory management and sales tracking, providing retailers with valuable insights into consumer behavior and sales trends, which can inform strategic decisions and optimize business operations.What Factors Are Driving the Growth in the PoS Accessories Market?
The growth in the PoS accessories market is driven by several factors. The increasing adoption of advanced PoS systems in the retail and hospitality sectors is a significant driver, boosting the demand for complementary accessories that enhance system functionality and performance. Technological advancements that improve the efficiency, accuracy, and user-friendliness of PoS accessories are also propelling market growth. The rising trend of contactless payments and mobile wallets is driving the demand for advanced card readers and secure payment solutions. Additionally, the growing focus on enhancing customer experience and operational efficiency is encouraging retailers to invest in high-quality PoS accessories. The expansion of the e-commerce sector and the integration of online and offline retail channels are further contributing to market growth, as retailers seek to create seamless and consistent customer experiences across all touchpoints. These factors, coupled with the increasing availability of innovative and affordable PoS accessories, are driving the sustained growth of the PoS accessories market.Key Insights:
- Market Growth: Understand the significant growth trajectory of the ECRs segment, which is expected to reach US$17.0 Billion by 2030 with a CAGR of a 8.1%. The Barcode Scanners segment is also set to grow at 6.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $6.8 Billion in 2023, and China, forecasted to grow at an impressive 10.4% CAGR to reach $10.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global PoS Accessories Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global PoS Accessories Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global PoS Accessories Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3M Company, Bixolon Co., Ltd., Bluebird Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 42 Featured):
- 3M Company
- Bixolon Co., Ltd.
- Bluebird Inc.
- Boca Systems, Inc.
- Casio Computer Co., Ltd.
- CipherlAB Co., Ltd.
- Citaq Co. Ltd.
- Citizen Systems Japan Co., Ltd.
- CognitiveTPG
- Custom SpA
- Datalogic SpA
- Dell Technologies
- Diebold Nixdorf, Inc.
- Elo Touch Solutions, Inc.
- Epson America Inc.
- Eurotech SpA
- Forbes Technosys Ltd.
- Fujitsu Ltd.
- Generalscan Electronics Co., Ltd.
- Guangzhou Zonerich Business Machine Co., Ltd.
- Handheld Group AB
- Hewlett-Packard Development Company LP
- Honeywell International, Inc.
- Innolux Corporation
- Juniper Systems Inc.
- M/s Pulsar Technologies (I) Pvt., Ltd.
- NCR Corporation
- Olivetti SpA
- Opticon Sensors Europe B.V.
- Panasonic Corporation
- Pertech Industries, Inc.
- Posiflex Technologies, Inc.
- POS-X, LLC.
- RIOTEC Co., Ltd.
- Samsung Electronics Co., Ltd.
- Seiko Epson Corporation
- Sharp Corporation
- Shin Hueng Precision Co., Ltd.
- Star Micronics Co., Ltd.
- Toshiba Corporation
- TouchStar Technologies Ltd.
- Woosim Systems Inc.
- Xiamen Rongta Technology Co., Ltd.
- ZEBEX Industries Inc.
- Zebra Technologies Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- Bixolon Co., Ltd.
- Bluebird Inc.
- Boca Systems, Inc.
- Casio Computer Co., Ltd.
- CipherlAB Co., Ltd.
- Citaq Co. Ltd.
- Citizen Systems Japan Co., Ltd.
- CognitiveTPG
- Custom SpA
- Datalogic SpA
- Dell Technologies
- Diebold Nixdorf, Inc.
- Elo Touch Solutions, Inc.
- Epson America Inc.
- Eurotech SpA
- Forbes Technosys Ltd.
- Fujitsu Ltd.
- Generalscan Electronics Co., Ltd.
- Guangzhou Zonerich Business Machine Co., Ltd.
- Handheld Group AB
- Hewlett-Packard Development Company LP
- Honeywell International, Inc.
- Innolux Corporation
- Juniper Systems Inc.
- M/s Pulsar Technologies (I) Pvt., Ltd.
- NCR Corporation
- Olivetti SpA
- Opticon Sensors Europe B.V.
- Panasonic Corporation
- Pertech Industries, Inc.
- Posiflex Technologies, Inc.
- POS-X, LLC.
- RIOTEC Co., Ltd.
- Samsung Electronics Co., Ltd.
- Seiko Epson Corporation
- Sharp Corporation
- Shin Hueng Precision Co., Ltd.
- Star Micronics Co., Ltd.
- Toshiba Corporation
- TouchStar Technologies Ltd.
- Woosim Systems Inc.
- Xiamen Rongta Technology Co., Ltd.
- ZEBEX Industries Inc.
- Zebra Technologies Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 173 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 25.8 Billion |
Forecasted Market Value ( USD | $ 41 Billion |
Compound Annual Growth Rate | 6.8% |
Regions Covered | Global |