Technology News & Trends

According to a new market report published by Transparency Market Research titled “Point-of-Sale (POS) Terminals Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 – 2026,” the global market for POS terminals in terms of revenue was valued at USD 7.99 billion in 2016 and is estimated to expand at a CAGR of 12.5% during the forecast period from 2018 – 2026. The market in terms of volume is expected to reach 26.04 million units by 2026.The growing adoption of mobile POS in retail and hospitality sector has emerged as the most significant growth driver for the POS terminals market. In 2016, North America contributed the largest market revenue share, at over 32% of the overall global market. Further, significant demand for POS terminals from the retail and hospitality sectors is expected to create a lucrative market across Asia Pacific. Get PDF Sample for this Research Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S...

y 2026.The growing adoption of mobile POS in retail and hospitality sector has emerged as the most significant growth driver for the POS terminals market. In 2016, North America contributed the largest market revenue share, at over 32% of the overall global market. Further, significant demand for POS terminals from the retail and hospitality sectors is expected to create a lucrative market across Asia Pacific. Request a Sample -  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=54012 Enhanced customer experience and low total cost of ownership (TCO) as compared to conventional channels of payment In the global POS terminals market, enhanced customer experience and low total cost of ownership (TCO) as compared to conventional channels of payment is expected to drive the market over the forecast period. POS end-users are replacing their traditional fixed POS terminals with advanced mobile and portable POS solutions; this in turn is expecte...