Global POS Machines Market Set to Reach $151.5 Billion by 2030, Driven by Rising Demand for Contactless Payments - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "POS Machines - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global POS Machines market, estimated at $82.7 billion in 2022, is projected to witness significant growth, reaching a size of $151.5 billion by 2030. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 7.9% during the analysis period from 2022 to 2030.

In today's dynamic business landscape, staying informed about industry trends and market dynamics is essential. Within the Point of Sale (POS) machines sector, the global market is experiencing significant growth. To navigate this evolving landscape successfully, the POS Machines Market Research Report serves as a vital resource, providing comprehensive insights into market dynamics, competitive landscapes, challenges, and opportunities.

The report underscores a market poised for robust expansion in key regions, including the United States, China, Japan, Canada, and Germany. It presents in-depth analysis of hardware and software segments. The hardware segment is projected to achieve a strong 6.9% Compound Annual Growth Rate (CAGR), reaching $86.6 billion by the end of the analysis period, while the software segment is estimated to experience robust growth at a 9.8% CAGR over the next eight years.

Key Market Players (Total 157 Featured):

AURES Group
Diebold Nixdorf, Incorporated
Hewlett Packard Enterprise Development LP
Ingenico SA
MiTAC Computing Technology Corporation (MiTAC Group)
Mswipe Technologies Pvt. Ltd.
NCR Corp.
NGX Technologies Pvt. Ltd.
Oracle Corp.
PAX Technologies Pvt Ltd.
Presto Automation Inc.
Qu, Inc.
Revel Systems, Inc.
Toast, Inc.
Toshiba Corp.
TouchBistro, Inc.
VeriFone, Inc.
Worldline S.A.
Xenial, Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Point-of-Sale (POS) Systems Evolve to Become an Integral Part of Business Operations
Increased Popularity of Cashless Payment Methods Drive Market Growth
Global Economic Update
World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
From Pandemic to War & Inflation: "Subdued Outlook for 2023 Despite Signs of Easing Inflationary Conditions
Although Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 Through 2024
Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of Inflationary Pressures: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
Impact of the COVID-19 Pandemic on POS Terminals Market
POS Machines - Global Key Competitors Percentage Market Share in 2023 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Growing Shift Towards Contactless Payments and Mobile Financial Transactions in Varied Industries Accelerate Demand for mPOS Terminals
Global Contactless Payments Market Size (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
Advanced Features Aid in Boosting Business Performance and Customer Experience
Changing Payments Landscape & Rapid Pace of Digitization Presents Opportunity for mPOS Terminals Market
Global Digital Transformation Spending (In US$ Billion) for 2017-2023
Ubiquity of Mobile Devices and Rising Use of Smartphones for Payments Drive Momentum in mPOS Terminal Market
Adoption Rate of Smartphones as a % of Total Population: 2016-2022
mPOS Value-Added Services (VAS) to Drive Future Gains in mPOS Terminals Market
Rise of Blockchain in Restaurant POS Systems, a Megatrend of Note
AI Technology to Further Improve Performance of POS Systems
Cloud Based POS Solutions Witnesses a Sharp Rise in Demand
Retail Emerges as the Leading Application Market for mPOS Terminals
Application of Digital Solutions Used to Improve In-Store Retail Experience
POS Trends Shaping the Retail Domain
Market Benefits from Growing Opportunities in the Restaurant Industry
Rise in Use of Mobile POS Solutions for Tableside Ordering and Payments
Innovations in Restaurant Technology Spur Development of Next-Generation Restaurant POS Systems
A Recap of the Pandemic Impact on the Food Service Industry
COVID-19 Induced Accelerated Rise of Cloud Kitchens Drives Demand for Restaurant POS Systems
How POS Solutions for Cloud Kitchens Can Benefit Cloud Kitchen Operators
Innovations in Restaurant Technology Spur Development of Next-Generation Restaurant POS Systems
Hospitality Sector Turns to mPOS Terminals Improve Customer Experience
Growth of Multichannel Retail Creates Demand for Advanced POS software
Growing Significance of eCommerce POS Integration: Bridging Online and Offline Business Channels
Global B2C E-Commerce Sales in US$ Trillion for the Years 2019 Through 2025
Modern POS Solutions Enable Merchants Adapt to Changing Consumer Purchasing Behavior
mPOS Terminals Offer Numerous Benefits to SMEs
Security of mPOS Terminals: A Highly Critical Requirement

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/lxo4gn

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