Home / Semiconductor & Electronics / Retail POS Terminals Market By Product (Fixed POS Terminals, Wireless Or Mobile POS Terminals), By Component (Hardware, Software), By Application (Supermarkets, Hypermarkets, Specialty Stores, Grocery Stores And Mass Merchandisers) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Retail POS Terminals Market By Product (Fixed POS Terminals, Wireless Or Mobile POS Terminals), By Component (Hardware, Software), By Application (Supermarkets, Hypermarkets, Specialty Stores, Grocery Stores And Mass Merchandisers) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Published: Jun 2016 | Report Code: 57961-06-16

Growing preference for wireless or mobile POS terminals is identified as the major factor driving the retail POS terminals market. Mobile POS terminals being portable are extremely easy to use and allow retailers to streamline their in-store processes.  In addition, changing payments landscape across the globe resulting in increased payments through debit and credit cards (cashless) is another factor fueling market momentum. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 12.8% during the forecast period 2016 – 2023.

Retail POS Terminals Market

Report Scope

This report analyzes the global retail POS Terminals market in terms of product component, application, and geography. On the basis of product type, the market is segmented into fixed POS terminals, mobile and wireless POS terminals. Similarly, on the basis of application, the market for retail POS Terminals is further classified into superstores, hyperstores, specialty stores, grocery stores & mass merchandisers, and gas stations among others. The geographical distribution of the global retail POS terminals market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

 Retail POS Terminals Market

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global Retail POS Terminals Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global retail POS terminals market.

Target Audience

  • Industry Investors
  • POS Terminal Hardware Providers/Vendors
  • POS Terminal Software Providers
  • SMBs and Micro-merchants
  • Other End-users

USP and Key Offerings

The report titled “Global Retail POS Terminals Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global retail POS Terminals market along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on applications, types, component, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading retail POS terminal solution providers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the retail POS terminals market
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Ecosystem Analysis
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global retail POS Terminals market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Retail POS Terminals Market Snapshot

3. Global Retail POS Terminals Market Analysis
3.1. Global Retail POS Terminals Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants
3.6.1. Major Strategies Adopted
3.6.2. Analyst Recommendations

4. Global Retail POS Terminals Market Revenue, By Product , 2014 – 2023 (US$ Bn)
4.1. Pac-Man Analysis
4.2. Fixed POS Terminals
4.3. Wireless or Mobile POS Terminals

5. Global Retail POS Terminals Market Revenue, By Component , 2014 – 2023 (US$ Bn)
5.1. Pac-Man Analysis
5.2. Hardware
5.3. Software

6. Global Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
6.1. Tornado Analysis
6.2. Supermarkets
6.3. Hypermarkets
6.4. Specialty Stores
6.5. Grocery Stores and Mass Merchandisers
6.6. Others (Drug Stores, etc.)

7. North America Retail POS Terminals Market Analysis, 2014 – 2023 (US$ Bn)
7.1. North America Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
7.1.1. Fixed POS Terminals
7.1.2. Wireless or Mobile POS Terminals
7.2. North America Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
7.2.1. Hardware
7.2.2. Software
7.3. North America Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
7.3.1. Supermarkets
7.3.2. Hypermarkets
7.3.3. Specialty Stores
7.3.4. Grocery Stores and Mass Merchandisers
7.3.5. Others (Drug Stores, etc.)
7.4. North America Retail POS Terminals Market Revenue, By Country, 2014 – 2023 (US$ Bn)
7.4.1. U.S.
7.4.1.1. U.S. Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
7.4.1.2. U.S. Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
7.4.1.3. U.S. Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
7.4.2. Canada
7.4.2.1. Canada Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
7.4.2.2. Canada Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
7.4.2.3. Canada Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)

8. Europe Retail POS Terminals Market Analysis, 2014 – 2023 (US$ Bn)
8.1. Europe Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
8.1.1. Fixed POS Terminals
8.1.2. Wireless or Mobile POS Terminals
8.2. Europe Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
8.2.1. Hardware
8.2.2. Software
8.3. Europe Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.3.1. Supermarkets
8.3.2. Hypermarkets
8.3.3. Specialty Stores
8.3.4. Grocery Stores and Mass Merchandisers
8.3.5. Others (Drug Stores, etc.)
8.4. Europe Retail POS Terminals Market Revenue, By Region, 2014 – 2023 (US$ Bn)
8.4.1. U.K.
8.4.1.1. U.K. Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
8.4.1.2. U.K. Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
8.4.1.3. U.K. Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.4.2. Germany
8.4.2.1. Germany Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
8.4.2.2. Germany Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
8.4.2.3. Germany Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.4.3. France
8.4.3.1. France Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
8.4.3.2. France Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
8.4.3.3. France Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.4.4. Rest of Europe
8.4.4.1. Rest of Europe Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
8.4.4.2. Rest of Europe Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
8.4.4.3. Rest of Europe Market Revenue, By Application, 2014 – 2023 (US$ Bn)

9. Asia Pacific Retail POS Terminals Market Analysis, 2014 – 2023 (US$ Bn)
9.1. Asia Pacific Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
9.1.1. Fixed POS Terminals
9.1.2. Wireless or Mobile POS Terminals
9.2. Asia Pacific Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
9.2.1. Hardware
9.2.2. Software
9.3. Asia Pacific Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.3.1. Supermarkets
9.3.2. Hypermarkets
9.3.3. Specialty Stores
9.3.4. Grocery Stores and Mass Merchandisers
9.3.5. Others (Drug Stores, etc.)
9.4. Asia Pacific Retail POS Terminals Market Revenue, By Country, 2014 – 2023 (US$ Bn)
9.4.1. Japan
9.4.1.1. Japan Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
9.4.1.2. Japan Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
9.4.1.3. Japan Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.4.2. China
9.4.2.1. China Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
9.4.2.2. China Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
9.4.2.3. China Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.4.3. India
9.4.3.1. India Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
9.4.3.2. India Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
9.4.3.3. India Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.4.4. Rest of Asia Pacific
9.4.4.1. Rest of Asia Pacific Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
9.4.4.2. Rest of Asia Pacific Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
9.4.4.3. Rest of Asia Pacific Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)

10. Rest of World Retail POS Terminals Market Analysis, 2014 – 2023 (US$ Bn)
10.1. Rest of World Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
10.1.1. Fixed POS Terminals
10.1.2. Wireless or Mobile POS Terminals
10.2. Rest of World Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
10.2.1. Hardware
10.2.2. Software
10.3. Rest of World Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
10.3.1. Supermarkets
10.3.2. Hypermarkets
10.3.3. Specialty Stores
10.3.4. Grocery Stores and Mass Merchandisers
10.3.5. Others (Drug Stores, etc.)
10.4. Rest of World Retail POS Terminals Market Revenue, By Region, 2014 – 2023 (US$ Bn)
10.4.1. Latin America
10.4.1.1. Latin America Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
10.4.1.2. Latin America Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
10.4.1.3. Latin America Pacific Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)
10.4.2. Middle-East and Africa
10.4.2.1. Middle-East and Africa Retail POS Terminals Market Revenue, By Product, 2014 – 2023 (US$ Bn)
10.4.2.2. Middle-East and Africa Retail POS Terminals Market Revenue, By Component, 2014 – 2023 (US$ Bn)
10.4.2.3. Middle-East and Africa Retail POS Terminals Market Revenue, By Application, 2014 – 2023 (US$ Bn)

11. Company Profiles
11.1. Ingenico S.A.
11.2. NCR Corporation
11.3. MICROS Systems, Inc.
11.4. PAX Technology Limited
11.5. VeriFone Systems, Inc.
11.6. Cisco Systems, Inc.
11.7. Hewlett-Packard Company
11.8. Toshiba Corporation
11.9. Panasonic Corporation
11.10. Samsung Electronics Co., Ltd.

List Of Table :

 

TABLE 1 Market Snapshot: Global Retail POS Terminals Market
TABLE 2 Evolution of Retail POS Terminal Systems
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 6 North America Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 7 North America Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 8 North America Retail POS Terminals Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 9 U.S. Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 10 U.S. Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 11 U.S. Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 12 Canada Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 13 Canada Retail POS Terminals Market Revenue, By Componentt, 2014 - 2023 (US$ Bn)
TABLE 14 Canada Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 15 Europe Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 16 Europe Retail POS Terminals Market Revenue, By Componentt, 2014 - 2023 (US$ Bn)
TABLE 17 Europe Retail POS Terminals Market Revenue, By Application, 2015 - 2023 (US$ Bn)
TABLE 18 Europe Retail POS Terminals Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 19 U.K. Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 20 U.K. Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 21 U.K. Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 22 France Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 23 France Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 24 France Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 25 Germany Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 26 Germany Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 27 Germany Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 28 Rest of Europe Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 29 Rest of Europe Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 30 Rest of Europe Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 31 Asia Pacific Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 32 Asia Pacific Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 33 Asia Pacific Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 34 Asia Pacific Retail POS Terminals Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 35 China Retail POS Terminals Market Revenue, By Product, 2014- 2023 (US$ Bn)
TABLE 36 China Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)

TABLE 37 China Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 38 Japan Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 39 Japan Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 40 Japan Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 41 India Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 42 India Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 43 India Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 44 Rest of Asia Pacific Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 45 Rest of Asia Pacifc Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 46 Rest of Asia Pacifc Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 47 Rest of World Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 48 Rest of World Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 49 Rest of World Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 50 Rest of World Retail POS Terminals Market Revenue, By Region, 2014 - 2023 (US$ Bn)
TABLE 51 Latin America Retail POS Terminals Market Revenue, By Product ype, 2014 - 2023 (US$ Bn)
TABLE 52 Latin America Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)

TABLE 53 Latin America Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 54 Middle-East and Africa Retail POS Terminals Market Revenue, By Product, 2014 - 2023 (US$ Bn)
TABLE 55 Middle-East Retail POS Terminals Market Revenue, By Component, 2014 - 2023 (US$ Bn)
TABLE 56 Middle-East and Africa Retail POS Terminals Market Revenue, By Application, 2014 - 2023 (US$ Bn)

List Of Figure :

FIG. 1 Global Retail POS Terminals: Market Segmentation
FIG. 2 Global Retail POS Terminals Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Retail POS Terminals Market, By Product, 2015 (US$ Bn)
FIG. 5 Global Retail POS Terminals Market, By Component, 2015 (US$ Bn)
FIG. 6 Global Retail POS Terminals Market, By Application, 2015 (US$ Bn)
FIG. 7 Global Retail POS Terminals Market, By Geography, 2015 (US$ Bn)
FIG. 8 Global Retail POS Terminals Market Revenue and Growth, 2014 - 2023, (US$ Bn and % Y-o-Y)
FIG. 9 See-Saw Analysis : Global Retail POS Terminals Market
FIG. 10 Ecosystem Analysis: Global Retail POS Terminals Industry
FIG. 11 Market Positioning of Key Industry Participants, 2015
FIG. 12 Global Retail POS Terminals Market Revenue Contribution, By Product, 2015 & 2023 (Value %)
FIG. 13 Global Fixed POS Terminals Market Revenue and Growth for Retail Applications, 2014 - 2023, (US$ Bn)
FIG. 14 Global Mobile or Wireless POS Terminals Market Revenue and Growth for Retail Applications, 2014 - 2023, (US$ Bn)
FIG. 15 Global Retail POS Terminals Market Revenue Contribution, By Component, 2015 & 2023 (Value %)
FIG. 16 Global Retail POS Terminals Market Revenue and Growth for Hardware Component, 2014 - 2023, (US$ Bn)
FIG. 17 Global Retail POS Terminals Market Revenue and Growth for Software Component, 2014 - 2023, (US$ Bn)
FIG. 18 Global Retail POS Terminals Market Revenue Contribution, By Application, 2015 & 2023 (US$ Bn)
FIG. 19 Global Retail POS Terminals Market Revenue and Growth for Supermarket Applications, 2014 - 2023, (US$ Bn)
FIG. 20 Global Retail POS Terminals Market Revenue and Growth for Hypermarket Applications, 2014 - 2023, (US$ Bn)
FIG. 21 Global Retail POS Terminals Market Revenue and Growth for Specialty Store Applications, 2014 - 2023, (US$ Bn)
FIG. 22 Global Retail POS Terminals Market Revenue and Growth for Grocery Store and Mass Merchandise Applications, 2014 - 2023, (US$ Bn)
FIG. 23 Global Retail POS Terminals Market Revenue and Growth for Gas Station Applications, 2014 - 2023, (US$ Bn)
FIG. 24 Global Retail POS Terminals Market Revenue and Growth for Other Applications, 2014 - 2023, (US$ Bn)
FIG. 25 North America Retail POS Terminals Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 26 Europe Retail POS Terminals Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 27 Asia Pacific Retail POS Terminals Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 28 RoW Retail POS Terminals Market Revenue and Growth, 2014– 2023, (US$ Bn) (Y-o-Y %)

On the basis of product type, the global retail POS (Point of Sale) Terminals market is categorized into following segments:

  • Fixed POS (Point of Sale) Terminals
  • Mobile or Wireless POS (Point of Sale) Terminals

The contribution of these variants to the global retail POS (Point of Sale) terminals market in 2015 is as shown below:

 Retail POS Terminals Market

As of 2014, the global retail POS terminals market was dominated by fixed POS terminals. The fixed POS terminals segment accounted for over three-fourth of the global retail POS terminals market revenue in the same year. The trend shall prolong and the segment is presumed to hold on to its leading position throughout the forecast period 2016 – 2023. Although fixed POS terminals are expected to dominate POS terminal sales in retail applications, mobile POS terminals are forecast to witness escalating adoption during the forecast period 2016 – 2023. Factors including low initial purchase cost, better return on investment, and flexibility offered are expected to propel demand for mobile POS terminals across retail stores.

With the advancements in technology, POS terminals have witnessed significant acceptance across multiple retail store segments including supermarkets, hypermarkets, grocery shops, mass merchandisers, specialty store, and gas stations among others. Thus, on the basis of application (store types), the global retail POS Terminals market is categorized into following segments:

  • Supermarkets
  • Hypermarkets
  • Grocery Shops and Mass Merchandisers
  • Specialty Stores
  • Gas Stations
  • Others (Drug stores, etc.)

The contribution of these application segments to the global retail POS Terminals market in 2015 and 2023 is as shown in the figure below

Retail POS Terminals Market

As of 2015, the global retail POS Terminals market was led by the supermarkets segment. The segment accounted for over 38 percent of the global retail POS terminals market revenue in the same year and is expected to exhibit steady growth during the forecast period 2016 - 2023. The trend is expected to continue with the segment holding on to its leading position during the forecast period. The expanding supermarket chains, especially in the tier-3 and tier-2 cities, are expected to drive demand for new POS terminal installations.

Based on component, the global retail POS (Point of Sale) terminals market is segmented into following categories

  • POS Terminal Hardware
  • POS Terminal Software

Their contribution to the global retail POS (Point of Sale) terminals market in 2015 and 2023 is shown in the figure below

 Retail POS Terminals Market

As of 2014, the hardware segment comprising POS Monitor (Touch Screen/Desktop/Laptop), Barcode Scanner (Handheld/Tabletop), and card readers among others accounted for the majority of retail POS terminals market revenue share. However, the hardware segment is forecast to witness decline in the revenue share with the emergence of cloud-based solutions. Several established retailers including Apple, Nordstrom, Home Depot, and Gucci among others have shown willingness to embrace SaaS (Software-as-a-Service)-base solutions in view of being able to store and access significant amount of customer related information remotely. This recent shift towards cloud-based solutions is expected to favor POS terminal software business, driving the overall POS terminals market across retail applications.

On the basis of geography, the global retail POS (Point of Sale) Terminals market is segmented into following regions and countries.

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • United Kingdom
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global retail POS Terminals market in 2014 is as shown in the figure below

 Retail POS Terminals Market

As of 2014, North America comprising the United States and Canada was the largest retail POS Terminals market worldwide followed by Asia Pacific and Europe. The region accounted for over one-fourth of the global retail POS terminals market revenue in the same year. The region is expected to exhibit steady growth during the forecast period led by regulated demand from established retail chains like Walmart and Target. However, Asia Pacific is expected to witness maximum growth, surpassing North America to become the major POS terminals market for retail applications during the forecast period. The anticipated growth is presumed to be driven by expanding retail chains and growing trend towards organized retailing in the region.

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