The global POS Hardware market was valued at 8171.64 Million USD in 2021 and will grow with a CAGR of 10.43% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

The full name of POS is the point of sale information management system. It is a terminal reader equipped with barcode or OCR code technology and has cash or barter line cashier functions.Its main task is to provide data services and management functions for commodity and media transactions, and to conduct non-cash settlement. The POS machine is a terminal reader equipped with bar code or OCR code technology, which consists of a host part, a password keyboard, a power adapter and a printing part.POS hardware is mainly divided into wireless, mobile and fixed POS devices. In 2020, wireless POS devices will account for about 57% of the market share. Mainly used in retail, hotel and catering, etc. In 2020, retail sales will account for about 54% of the market share. Globally, the concentration of major manufacturers is relatively high. The top five manufacturers (Ingenico, Huierfeng, NCR, PAX Global Technology, Newland Pay) account for about 74% of the entire market share China has maintained the highest demand in recent years, accounting for about 42% of the entire market demand in 2020

By Market Verdors:

Ingenico

Verifone

NCR

Pax Technology

NPT

NEWPOS

NEXGO

Centerm

Castles Tech

CyberNet

Bitel

SZZT

By Types:

Wireless POS Equipment

Mobile POS Device

Fixed POS Device

By Applications:

Retail

Hotel and Catering

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements