Finance Industry Today
Point of Sale System Market: Know The Key Growth Drivers Developments and Innovations by 2025
Global Point of Sale System Market Research Report 2018
The POS System industry is relatively concentrated, the top 12 manufactures accounting 84.47% global market share in 2017. The global market scale of POS System is about 62 million units in 2017. It is expected to reach 179 million units by 2023, with the CAGR of 19%. In the world wide, major manufactures mainly are Ingenico, Verifone, PAX, Newland Payment, LIANDI, Xin Guo Du, New POS Technology, Bitel, CyberNet, Castles Technology, SZZT and etc.
The point of sale (POS) is the time and place where a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but is increasingly being dispensed with or sent electronically.
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Top Manufacturers: Ingenico, Verifone, Newland Payment, PAX, LIANDI, Xin Guo Du, Centerm, Bitel, New POS Tech, Castles Tech, SZZT, CyberNet
Market Segment by Regions, regional analysis covers
North America
Europe
China
Asia (EX China)
South America
Other
Market Segment by Type, covers
Fixed POS System
Wireless POS System
Mobile POS System
Market Segment by Applications, can be divided into
Retail
Restaurant
Hospitality
Other Industry
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The point of sale is often referred to as the point of service because it is not just a point of sale but also a point of return or customer order. POS terminal software may also include features for additional functionality, such as inventory management, CRM, financials, or warehousing.
Businesses are increasingly adopting POS systems, and one of the most obvious and compelling reasons is that a POS system does away with the need for price tags. Selling prices are linked to the product code of an item when adding stock, so the cashier merely needs to scan this code to process a sale. If there is a price change, this can also be easily done through the inventory window. Other advantages include the ability to implement various types of discounts, a loyalty scheme for customers, and more efficient stock control.
Table of Content:
1 POS System Market Overview 1
2 Global POS System Market Competition by Manufacturers 13
2.5.2 POS System Revenue Market Share of Top 3 and Top 5 Manufacturers 19
3 Global POS System Production, Revenue by Regions 21
4 Global POS System Supply, Consumption, Export, Import by Regions 28
5 Global POS System Production, Revenue, Price Trend by Types 32
6 Global POS System Market Analysis by Applications 36
7 Analysis of POS System Industry Key Manufacturers 39
8 POS System Manufacturing Cost Analysis 63
8.1 POS System Key Raw Materials Analysis 63
8.1.1 Key Raw Materials 63
8.1.2 Price Trend of Key Raw Materials 64
8.1.3 Key Suppliers of Raw Materials 65
8.2 Proportion of Manufacturing Cost Structure 66
8.2.1 Raw Materials 66
8.2.2 Labor Cost Analysis 67
8.2.3 Manufacturing Expenses 71
8.3 Manufacturing Process Analysis of POS System 71
9 Industrial Chain, Sourcing Strategy and Downstream Buyers 72
10 Marketing Strategy Analysis, Distributors/Traders 76
11 Market Effect Factors Analysis 82
12 Global POS System Market Forecast 94
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Company Name: ReportsWeb
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