Press release distribution to media in EMEA
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
MENA NEWS | Press release distribution to media in UAE and MENA regions
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
PR distribution to media in EMEA
Submit PR
Home Press

Retail Point of Sale Market Expected to Grow $34.4 billion by 2026

admin by admin
March 2, 2022
in Press
Share on FacebookShare on Twitter


(EMAILWIRE.COM, March 02, 2022 ) According to research report “Retail Point of Sale Market by Product (Fixed POS, Mobile POS), Component (Hardware, Software, and Services (eployment & Integration, Support & Maintenance)), End User (Grocery Stores, Specialty Stores, Gas Stations), and Region – Global Forecast to 2026″ size to grow from USD 15.8 billion in 2020 to USD 34.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period. Growing interest in non-cash transactions among consumers, increased data visibility through cloud POS systems and enhanced service delivery are major growth factors for the market. Rising penetration of eCommerce platforms, growing interest in POS solutions among small businesses, and strong growth in global retail industrywould provide lucrative opportunities for vendors in the Retail POS market.

Browse 246 market data Tables and 52 Figures spread through 224 Pages and in-depth TOC on “Retail Point of Sale Market – Global Forecast to 2026”

Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49453884

By component, Software segment to hold the largest market size during the forecast period

The use of cloud-based retail POS software is growing consistently. The cloud-powered retail POS software is affordable, and merchants can access customer data remotely with an Internet connection. Such technological advancements in the retail POS market is expected to spur growth in the software segment. The integration of the POS software with EMV, touchless, and mobile-compatible payment terminals helps retailers achieve secure and quick transaction payments.

In end user, convenience stores segment to grow at a higher CAGR during the forecast period

Convenience store POS solutions automate manual tasks, such as data entry, price updates, and cash management and billing, which reduces human errors and enhances customer satisfaction. By reducing these manual efforts, retailers can focus on improving customer engagement, creating performance reports to identify problem areas, and training their employees to serve customers in a better way. It also helps them reduce human errors and manage compliance issues that arise from frequent changes in gas prices by automating the pricing process.

Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=49453884

North America to hold the largest market size during the forecast period

North America, a technologically advanced region with a high number of early adopters and the presence of major market players, is expected to contribute the highest market share in terms of revenues during the forecast period. Factors such as growing interest in non-cash transactions among consumers, enhanced service delivery, and increased data visibility through cloud POS systems are expected to fuel the growth of Retail POS in th region.

Major vendors in the global Retail POS market include Diebold Nixdorf (US), Ingenico (France), Intuit (US), NCR Corporation (US), SAP (Germany), Verifone (US), PAX Technology (Hong Kong), Square (US), Shopify (Canada), NEC Corporation (Japan), Toshiba Tec Corporation (Japan), Epicor (US), Lightspeed (Canada), Clover (US), Elavon (US), Castels Technology (Taiwan), Newland Payment Technology (China), New POS Technology (China), HP (US), Cegid Grou (France), Posiflex Technology (Taiwan), Centerm (China), Revel System (US), Vend (New Zealand), Zebra Technologies (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com



Source link

Previous Post

Platform as a Service (PaaS) Market worth $164.3 billion by 2026

Next Post

Grant Management Software Market may reach to $1.9 billion by 2024

RelatedPosts

Press

5G Services Market 2023 Share, Trend, Global Industry Size, Price, Future Analysis, Regional Outlook to 2030

(EMAILWIRE.COM, December 08, 2023 ) The global 5G Services Market size is estimated at USD 121.8 billion in...

by admin
December 8, 2023
Plasma Fractionation Market worth $40.4 billion by 2028 , growing at a CAGR of 6.9%
Press

Plasma Fractionation Market worth $40.4 billion by 2028 , growing at a CAGR of 6.9%

 (EMAILWIRE.COM, December 08, 2023 ) The report "Plasma Fractionation Market by Product (Immunoglobulins, Albumin, Protease Inhibitors, von Willebrand...

by admin
December 8, 2023
Press

ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

(EMAILWIRE.COM, December 08, 2023 ) Singapore – (ARAB NEWSWIRE) -- ONE Championship™ (ONE), the world’s largest martial arts...

by admin
December 8, 2023
Press

A Forecast of Market Trends in Space Propulsion Components and Services (2023-2028)

(EMAILWIRE.COM, December 08, 2023 ) The Global Space Propulsion Market is poised for substantial growth, with an estimated...

by admin
December 8, 2023
Load More

Advertize

Latest Post

تم إطلاق طراز DONGFENG SHINE الجديد بالمملكة العربية السعودية، وما زالت ماركة سيارات  Dongfeng مستمرة فى زيادة انتشارها على مستوى العالم.

تم إطلاق طراز DONGFENG SHINE الجديد بالمملكة العربية السعودية، وما زالت ماركة سيارات Dongfeng مستمرة فى زيادة انتشارها على مستوى العالم.

by admin
December 9, 2023

Turkey Could Host Gulf Countries in the Fintech Sector

Turkey Could Host Gulf Countries in the Fintech Sector

by admin
December 9, 2023

Turkey Could Host Gulf Countries in the Fintech Sector

تركيا قد تستضيف دول الخليج في قطاع التكنولوجيا المالية

by admin
December 9, 2023

ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

by admin
December 8, 2023

Plasma Fractionation Market worth $40.4 billion by 2028 , growing at a CAGR of 6.9%

Plasma Fractionation Market worth $40.4 billion by 2028 , growing at a CAGR of 6.9%

by admin
December 8, 2023

5G Services Market 2023 Share, Trend, Global Industry Size, Price, Future Analysis, Regional Outlook to 2030

by admin
December 8, 2023

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share Us

CATEGORIES

MIDDLE EAST
NORTH AFRICA
GLOBAL
BUSINESS
FINANCE
TECHNOLOGY
PRESS

Subscribe To Our Newslatter

    © 2023 Copyright MENANEWS.CLUB
    No Result
    View All Result
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    © Copyright MenaNews.club™