Report

wireless point of sale terminal market

Wireless Point-of-Sale Terminal Market by Components (Services & Software and Hardware), Type (Portable Countertop & PIN Pad, mPOS, Smart POS, and Others), Vertical (Hospitality, Healthcare, Retail, Sports & Entertainment, and Others) and Geography – Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2026

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Wireless Point-of-Sale Terminal is a device used for a cash register that can process the credit card and debit card payments in the retail stores for the goods purchased or for the services taken. Globally, the Wireless Point-of-Sale Terminal market is expanding, and the factors such as increasing usage of Visa, Mastercard, and Europay for all transactions, rapidly growing e-commerce transactions which give scope for the Wireless Point-of-Sale Terminals where all the transactions are virtually done which drive the market growth. However, the issues related to safety and security in the process of transactions restrain the market growth. Wireless Point-of-Sale Terminals Market is predicted to grow at a CAGR of 12.17% with a value expecting to reach at $19.42 billion by 2026 from a value $9.75 billion in 2020

Research Methodology:

The wireless point-of-sale terminal market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

Wireless Point-of-Sale Terminal Market

The Wireless Point-of-Sale Terminal market is segmented as follows:

Based on Components:

    • Services & Software
    • Hardware

Based on Type:

    • Portable Countertop & PIN Pad
    • mPOS
    • Smart POS
    • Other

Based on Vertical:

    • Hospitality
    • Healthcare
    • Retail
    • Sports & Entertainment
    • Others

Based on Geography:

    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

The market based on component -services & software segment is growing the highest CAGR as compared to other segments due to the increasing need for updated software versions as well as the continuous need of maintenance and support for hardware components.

The market based on industry vertical – The retail segment is expected to have the largest share because the retailers are adopting these devices for safe payments and to prevent fraud. Further, enabling the additional effective features such as systemic invoice systems, offers, record management, data back-up, and customer transaction history maintenance influence the retailer to opting for these devices.

The market based on type is divided into a portable countertop, mPOS, Smart POS, and other – The portable and pin segment hold major market share. It is because they are small in size, effortless to install the device and easy to use. These devices are majorly used in small and medium scale businesses for transaction purposes. These solutions are effortless used in many industrial sectors such as healthcare, sports & entertainment, retail, eCommerce, and many more.

The market based on geography – North America is the largest contributor in the market as it is adopting the advanced payment systems in all industries such as entertainment, hospitality, and retail. As well as the preference to provide customized solutions in this region support in the market growth. The Asia Pacific is the second largest share due to the increased awareness promoted by the government to promote a cashless economy and opt for online transactions.

Globally, money transactions are made easy by e-payment. The Wireless Point-of-Sale Terminal is one of the e-payment, and the major factor contributing to Wireless Point-of-Sale Terminal market growth is rapidly increasing payments based on e-payments via cards, mobile and other devices for cashless transactions. Reduced costs of mobile technologies and the dependency on these technologies are providing the opportunity for the market to grow in all the regions. Somehow, the high costs involved in the maintenance of the Wireless Point-of-Sale Terminal devices which is restrained to the market.

The key players in the Wireless Point-of-Sale Terminal market are - Cisco Systems, Inc, Diebold Nixdorf, Incorporated, Hewlett-Packard Inc., Hisense, Ingenico Group, NEC Corporation, Newland Payment Technology, Panasonic Corporation, PAX Technology, MICROS Systems Inc, Samsung Electronics Inc, VeriFone System Inc, and Toshiba Corporation

Moreover, the increasing awareness about the cashless transaction, which leads to the adoption of dual-interface chip technology and multi-application support by NFC and HCE, is creating opportunities for market growth. This report will help the market players to understand the key market trends, market dynamics, and dynamic needs of the end-users. The qualitative and quantitative analysis enhances the user experience of the report.

  • The competitive analysis of the major players enables users to understand the dynamic strategies such as product innovation, partnerships, merger & acquisitions, and joint ventures of the key players.
  • This report also provides the portfolio analysis, capability analysis of the leading players.  
  • Quantitative analysis of the market enables users to understand the actual facts of the market across four major regions.

 

1. Executive Summary

2. Industry Outlook

2.1. Industry Overview

2.2. Industry Trends

3. Market Snapshot

3.1. Total Addressable Market

3.2. Segment Addressable Market

3.2.1. PEST Analysis

3.2.2. Porter Five Forces

3.3. Related Markets

3.4. Ecosystem

4. Market Outlook

4.1. Overview

4.1.1. Market Evolution

4.2. Market Trends and Impact

4.3. Pricing Analysis

4.4. Market Segmentation

4.5. Market Dynamics

4.5.1. Drivers

4.5.2. Restraints

4.5.3. Opportunities

4.6. DRO - Impact Analysis

5. Components: Market Size & Analysis

5.1. Overview

5.2. Services & Software

5.3. Hardware

6. Type: Market Size & Analysis

6.1. Overview

6.2. Portable Countertop & PIN Pad

6.3. mPOS

6.4. Smart POS

6.5. Other

7. Vertical: Market Size & Analysis

7.1. Overview

7.2. Hospitality

7.3. Healthcare

7.4. Retail

7.5. Sports & Entertainment

7.6. Others

8. Geography: Market Size & Analysis

8.1. Overview

8.2. North America

8.3. Europe

8.4. Asia Pacific

8.5. Rest of the World

9. Competitive Landscape

9.1. Competitor Comparison Analysis

9.2. Market Developments

9.3. Mergers and Acquisitions, Legal, Awards, Partnerships

9.4. Product Launches and execution

10. Vendor Profiles

10.1. AURES Group

10.1.1. Overview

10.1.2. Business Units

10.1.3. Geographic Revenue

10.1.4. Product Offerings

10.1.5. Developments

10.1.6. Business Strategy

10.2. BBPOS Limited

10.2.1. Overview

10.2.2. Business Units

10.2.3. Geographic Revenue

10.2.4. Product Offerings

10.2.5. Developments

10.2.6. Business Strategy

10.3. Bematech SA

10.3.1. Overview

10.3.2. Business Units

10.3.3. Geographic Revenue

10.3.4. Product Offerings

10.3.5. Developments

10.3.6. Business Strategy

10.4. Bitel Co., Ltd.

10.4.1. Overview

10.4.2. Business Units

10.4.3. Geographic Revenue

10.4.4. Product Offerings

10.4.5. Developments

10.4.6. Business Strategy

10.5. Castles Technology, Co. Ltd.

10.5.1. Overview

10.5.2. Business Units

10.5.3. Geographic Revenue

10.5.4. Product Offerings

10.5.5. Developments

10.5.6. Business Strategy

10.6. Cisco Systems, Inc.

10.6.1. Overview

10.6.2. Business Units

10.6.3. Geographic Revenue

10.6.4. Product Offerings

10.6.5. Developments

10.6.6. Business Strategy

10.7. Diebold Nixdorf, Incorporated

10.7.1. Overview

10.7.2. Business Units

10.7.3. Geographic Revenue

10.7.4. Product Offerings

10.7.5. Developments

10.7.6. Business Strategy

10.8. Fujian Newland Payment Technology Co., Ltd.

10.8.1. Overview

10.8.2. Business Units

10.8.3. Geographic Revenue

10.8.4. Product Offerings

10.8.5. Developments

10.8.6. Business Strategy

10.9. Ingenico Group

10.9.1. Overview

10.9.2. Business Units

10.9.3. Geographic Revenue

10.9.4. Product Offerings

10.9.5. Developments

10.9.6. Business Strategy

10.10. Micros Systems, Inc.

10.10.1. Overview

10.10.2. Business Units

10.10.3. Geographic Revenue

10.10.4. Product Offerings

10.10.5. Developments

10.10.6. Business Strategy

11. Companies to Watch

11.1. Squirrel Systems

11.1.1. Overview

11.1.2. Market

11.1.3. Business Strategy

11.2. Hewlett-Packard

11.2.1. Overview

11.2.2. Market

11.2.3. Business Strategy

11.3. Toshiba Corporation

11.3.1. Overview

11.3.2. Market

11.3.3. Business Strategy

11.4. Touch Dynamic Inc.

11.4.1. Overview

11.4.2. Market

11.4.3. Business Strategy

11.5. PAX Technology

11.5.1. Overview

11.5.2. Market

11.5.3. Business Strategy

11.6. Posiflex Technology, Inc.

11.6.1. Overview

11.6.2. Market

11.6.3. Business Strategy

11.7. Samsung Electronics Co., Ltd.

11.7.1. Overview

11.7.2. Market

11.7.3. Business Strategy

11.8. Shenzhen Xinguodu Technology Co., Ltd.

11.8.1. Overview

11.8.2. Market

11.8.3. Business Strategy

11.9. VeriFone Systems Inc

11.9.1. Overview

11.9.2. Market

11.9.3. Business Strategy

11.10. NCR Corporation

11.10.1. Overview

11.10.2. Market

11.10.3. Business Strategy

11.11. NEC Corporation

11.11.1. Overview

11.11.2. Market

11.11.3. Business Strategy

11.12. New POS Technology Limited

11.12.1. Overview

11.12.2. Market

11.12.3. Business Strategy

11.13. Panasonic Corporation

11.13.1. Overview

11.13.2. Market

11.13.3. Business Strategy

11.14. PAR Technology Corporation

11.14.1. Overview

11.14.2. Market

11.14.3. Business Strategy

11.15. Square, Inc.

11.15.1. Overview

11.15.2. Market

11.15.3. Business Strategy

12. Analyst Opinion

13. Annexure

13.1. Report Scope

13.2. Market Definitions

13.3. Research Methodology

13.3.1. Data Collation and In-house Estimation

13.3.2. Market Triangulation

13.3.3. Forecasting

13.4. Report Assumptions

13.5. Declarations

13.6. Stakeholders

13.7. Abbreviations

 

Research Framework

Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting
Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources

Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

outicon

Wireless Point-of-Sale Terminal Market by Components (Services & Software and Hardware), Type (Portable Countertop & PIN Pad, mPOS, Smart POS, and Others), Vertical (Hospitality, Healthcare, Retail, Sports & Entertainment, and Others) and Geography – Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2026
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