Point-of-sale (POS) terminals offer feasibility and convenience to use and enhance the high payback returns due to this, has created a huge impact on the market. POS terminals are installed and implemented for numerous applications such as inventory management, payments of printing bills and many more, over different industrial verticals such as retail & e-commerce, healthcare & medical sectors, hospitality, and sports & entertainment.
Wireless POS terminals are evolved in different types such as portable countertop & pin pad, mPOS, smart POS and many more. Among these, mobile POS (mPOS) terminals have evolved as a prominent segment as an advanced version for cash transaction due to its sophisticated features which include portability, convenience and better customer experience. However, government initiatives to promote cashless economy are expected to gain huge popularity among the general public.
On the other hand, increase in online transaction offers the system vulnerable to cyber-attacks is presumed to be a serious concern. Moreover, high maintenance cost for the system is also expected to be a challenging factor for the wireless POS terminal market for the review period.
Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/5600
The wireless POS terminal is segmented by component, type, and end-user.
By components, the global wireless pos terminal market is sub-divided into hardware, software solutions and services. The hardware sub-segment include payment terminal, accessories and workstation. The payment terminal comprises smartphones and tablets associated with debit or credit card readers and accessories comprise monitors, receipt printers, barcode scanners, wireless barcode scanners, PIN pad, cash drawers, physical inventory scanners, and tag printers
Furthermore, the software solutions consist of content management, configuration solutions, and others. The service subsegment includes merchant services, installation services and transaction management services, and others.
By the type, wireless POS terminal is further segregated into portable countertop & pin pad, mPOS, smart POS and others.
By end-user, the wireless POS terminal is classified as retail & e-commerce, hospitality, medical & healthcare, automotive & transportation, sports & entertainment, and other Industries.
According to Market Research Future analysis, wireless POS terminal market has been estimated approximately over USD 12 billion growing with a 13% CAGR during forecast period 2017-2023.
Market research future identifies some of the key players of wireless POS terminal market are Ingenico (France), Verifone (U.S.), First Data (U.S.), Winpos (Finland), BITEL (South Korea), Cegid Group (France), Moneris (Canada), Elavon (U.S.), Castles Technology (Taiwan),Newland Payment Technology (China), CITIXSYS AMERICAS (U.S.), Touchbistro (Canada), PAX Global Technology (Hong Kong), NCR Corporation (U.S.), Diebold Nixdorf (U.S.), Squirrel Systems (Canada), and BBPOS (Hong Kong).
Get Complete Report @ https://www.marketresearchfuture.com/reports/wireless-pos-terminal-market-5600
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)