POS printers are commonly referred as point-of-sale printers which are mainly used to generate receipts for sales transactions. These are divided into two types such as mobile receipts printers, and desktop receipts printers. POS printers reduce transactional errors and also ensure fast and smooth business operations.
Market Drivers
Increase in customer preference for cash-less transactions is the key driving factor which is expected to boost the global POS printer market growth. Furthermore, growing importance on optimizing the customer payment process will have the positive impact on market growth. Moreover, rapid urbanization especially in rising economics which is expected to drive the market growth. In addition to that, higher portability and low operating cost which is expected to fuel the market growth. Also, increase in product launch activities by key players will grow the market in near future. For instance, in July 2019, Citizen Systems had launched clutter reducing POS printer solution for retail usage and new value filled printer products such as FRONT-LOADING and FRONT-EXIT CT-S751 and the 4-INCH WIDE CT-S4500 printers.
Market Restraints
However, increase in trends for cloud based POS systems is restraining factor which is expected to hinder the market growth. Nowadays, Consumers prefer e-receipts instead of paper based receipt which is expected to obstruct the market growth.
Market Segmentation
Global POS Printers Market is segmented into type such as Mobile Printer, and Desktop Printer, by technology such as Dot Matrix, Inkjet, and Thermal. Further, market is segmented into end user such as Healthcare, Retail, Hospitality, Entertainment, Travel & Logistics, and Others.
Also, Global POS Printers Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Epson America, Inc, Seiko Instruments GmbH, Star Micronics, Bixolon, HP Development Company, L.P., Posiflex Technology, Inc., CUSTOM SPA, ZIH Corp, and Citizen Systems
Market Taxonomy
By Type
By Technology
By End User
By Region
Key Questions Addressed by the Report
POS Printers Market , POS Printers Industry,POS Printers Market Size,POS Printers Market Share,POS Printers Market Trend,POS Printers Market Growth
Market Drivers
Increase in customer preference for cash-less transactions is the key driving factor which is expected to boost the global POS printer market growth. Furthermore, growing importance on optimizing the customer payment process will have the positive impact on market growth. Moreover, rapid urbanization especially in rising economics which is expected to drive the market growth. In addition to that, higher portability and low operating cost which is expected to fuel the market growth. Also, increase in product launch activities by key players will grow the market in near future. For instance, in July 2019, Citizen Systems had launched clutter reducing POS printer solution for retail usage and new value filled printer products such as FRONT-LOADING and FRONT-EXIT CT-S751 and the 4-INCH WIDE CT-S4500 printers.
Market Restraints
However, increase in trends for cloud based POS systems is restraining factor which is expected to hinder the market growth. Nowadays, Consumers prefer e-receipts instead of paper based receipt which is expected to obstruct the market growth.
Market Segmentation
Global POS Printers Market is segmented into type such as Mobile Printer, and Desktop Printer, by technology such as Dot Matrix, Inkjet, and Thermal. Further, market is segmented into end user such as Healthcare, Retail, Hospitality, Entertainment, Travel & Logistics, and Others.
Also, Global POS Printers Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Epson America, Inc, Seiko Instruments GmbH, Star Micronics, Bixolon, HP Development Company, L.P., Posiflex Technology, Inc., CUSTOM SPA, ZIH Corp, and Citizen Systems
Market Taxonomy
By Type
- Mobile Printer
- Desktop Printer
By Technology
- Dot Matrix
- Inkjet
- Thermal
By End User
- Healthcare
- Retail
- Hospitality
- Entertainment
- Travel & Logistics
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global POS Printers Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
POS Printers Market , POS Printers Industry,POS Printers Market Size,POS Printers Market Share,POS Printers Market Trend,POS Printers Market Growth
Frequently Asked Questions about the Global POS Printers Market
What is the estimated value of the Global POS Printers Market?
What is the growth rate of the Global POS Printers Market?
What is the forecasted size of the Global POS Printers Market?
Who are the key companies in the Global POS Printers Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 245 |
| Published | March 2021 |
| Forecast Period | 2017 - 2027 |
| Estimated Market Value ( USD | $ 2530 Million |
| Forecasted Market Value ( USD | $ 4534 Million |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
Table of Contents
1 Introduction
2 Research Methodology
4 Global POS Printers Market Outlook
5 Global POS Printers Market, By Type
6 Global POS Printers Market , By Technology
7 Global POS Printers Market, By End User
8 Global POS Printers Market, By Region
9 North America POS Printers Market Analysis and Forecast (2017 – 2027)
10 EuropePOS Printers Market Analysis and Forecast (2017 – 2027)
11 Asia Pacific POS Printers Market Analysis and Forecast (2017 – 2027)
12 Latin America POS Printers Market Analysis and Forecast (2017 – 2027)
13 Middle East POS Printers Market Analysis and Forecast (2017 – 2027)
14 Competitive Analysis
15 Company Profiles
Companies Mentioned
- Epson America Inc
- Seiko Instruments GmbH
- Star Micronics
- Bixolon
- HP Development Company
- L.P.
- Posiflex Technology Inc.
- CUSTOM SPA
- ZIH Corp
- Citizen Systems
