The global wireless POS terminal market Share is expected to exhibit a strong 13% CAGR over the forecast period from 2022 to 2030, according to the latest research report from Market Research Future (MRFR). The wireless POS terminal market Size is expected to reach a valuation of USD 5.74 billion by 2030, according to the report. The report presents a detailed overview of the global wireless POS terminal market by taking in the historical growth trajectory of the market and presenting studied forecasts for the market’s movement over the forecast period based on an analysis of the market’s historical trajectory. Thus, the report presents a comprehensive evaluation of the global wireless POS terminal market by presenting an evaluation of the past, present, and likely future of the market. The major players operating in the global market of wireless POS terminal are also profiled in detail in the report in order to give readers an accurate overview of the competitive landscape of the market. The impact of the COVID-19 pandemic on the global wireless POS terminal market is also studied in the market.
Competitive Leaderboard:
Leading players in the global wireless POS terminal market include BBPOS, Squirrel Systems, Diebold Nixdorf, NCR Corporation, PAX Global Technology, Touchbistro, CITIXSYS AMERICAS, Newland Payment Technology, Castles Technology, Elavon, Moneris, Cegid Group, BITEL, Winpos, First Data, Verifone, and Ingenico.
wireless POS terminal Market Segmentation:
The global
market is segmented on the basis of component, type, end user, and region.
·
wireless POS terminal market By
component, is segmented into hardware, software, and services. The hardware
segment is sub-segmented into payment terminals, accessories, and workstations.
The payment terminals segment is further sub-segmented into smartphones and
tablets associated with credit or debit card readers. The accessories segment
is further segmented into monitors, receipt printers, barcode scanners,
wireless barcode scanners, PIN pads, cash drawers, physical inventory scanners,
and tag printers. The software segment is further sub-segmented into content
management, asset management, configuration solutions, and others. The services
segment is further sub-segmented into merchant services, installation services,
transaction management services, and others.
·
By type, the global wireless POS
terminal market is segmented into portable countertop and pin pad, mPOS, smart
POS, and others.
·
By end use, the global wireless POS
terminal market is segmented into retail and ecommerce, hospitality, medical
and healthcare, automotive and transportation, sports and entertainment, and
others.
Get free sample report @ https://www.marketresearchfuture.com/sample_request/5600
Wireless
POS terminals are payment terminals that enable cashless payments through
credit or debit cards. A wireless POS terminal operates through four stages.
First, the device scans the information presented by the customer’s credit or
debit card. Second, the device checks the customer’s bank balance to see if the
account has the requisite amount to complete the ongoing transaction. Third,
the device carries out the transaction by transferring the requisite amount to
the seller’s account. Lastly, the device makes a digital note of the
transaction and provides a receipt to the customer. The growing demand for
cashless payment in developed regions is likely to be a major driver for the
global wireless POS terminal market over the forecast period. Cashless payment
presents several advantages, including the prime advantage of the higher
convenience compared to cash, as the user only has to carry a card with them,
rather than having to carry wads of cash. The widespread availability of
digital networks to complete cashless transactions has also been a major driver
for the wireless POS terminal market in developed regions in particular. This is
likely to remain a major driver for the global wireless POS terminal market
over the forecast period.
On the
other hand, concerns regarding the safety of online and digital transactions
are a key restraint on the global wireless POS terminal market. In recent
years, the safety of digital cashless transactions has come under the scanner,
with many BFSI institutions suffering from cyber attacks and data breaches
leading to disclosure of the confidential information of several customers.
This is likely to remain a key restraint against the global wireless POS
terminal market over the forecast period.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/wireless-pos-terminal-market-5600
Regional Analysis:
North America is likely to dominate the global wireless POS terminal market over the forecast period due to the widespread availability of the digital infrastructure needed to operate wireless POS terminals. The U.S. and Canada are among the leading national markets
Read More @
Contact us:
Market
Research Future®,
99 Hudson Street,
5Th Floor,
New York, New York 10013,
United States of America
Phone: +1 628 258 0071(US),+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
No comments:
Post a Comment