Industry analysis on POS Terminal: Key Development Opportunities Hidden In Emerging Economies 2019 - 2027
Global POS Terminal Market: Overview According to a new market report pertaining to the global POS terminal market published by Transparency Market Research, the global POS terminal market is projected to reach US$ 37.0 Bn by 2027 . The POS terminal market is projected to expand at a CAGR of 12.8% from 2019 to 2027. Increasing demand of organizations in the area of real time user interaction, quick payment is driving the growth of the market. Rise in Demand for Mobile POS Terminals – Mobile point-of-sale (mPOS) refers to specialized wireless devices such as tablets and smartphones that are capable of functioning as an electronic point-of-sale terminal or cash register. The implementation of mPOS allows the sales and service industries to conduct financial transactions at any place, owing to mobility, improved customer experience, and saving of space. Furthermore, according to custom research by HP company, ti...