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POS Hardware Market to Witness Remarkable Growth by 2026 :  Cisco Systems ,Hewlett-Packard Company , Toshiba ,Panasonic Corporation

Point-of-Sale (POS) system is the place where the customer makes the payment for products or services at the store. The POS serves as the central part of the business and is built using software and hardware components. POS hardware includes the physical, tangible parts or components such as a monitor, keyboard, receipt printer, barcode scanner and so on. These components are connected together using wires, but recent technology has enabled wireless connections. Brands and retailers have increased their focus on customer experience. The POS system helps to keep a record of the cash flow automatically and get an overview of the business. The system can also be used to keep track of employee performance. The market for POS hardware depends upon the adoption rate of the POS systems.

 

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The players profiled in the POS Hardware market include:

Cisco Systems (United States),,Hewlett-Packard Company (United States),,Toshiba (Japan),,Panasonic Corporation (Japan),,Samsung Group (South Korea),,Star Micronics (Japan),,MMF Industries (United States),,Epson (Japan),,Beelta (United States),,Honeywell (United States)

 

POS Hardware Segmentation :

by Type (Wired, Wireless), Application (Delivery Payments, Taxi Pay, Utility Pay, Other), End-User Industry (Retail, Hospitality, Warehouse, Restaurant, Healthcare, Entertainment, Others), Component Type (Touchscreen Interface {Monitor, Tablet}, Card Machine, Cash Drawer, Receipt Printer, Barcode Scanner {Handheld, Hands-Free}, Others)

 

Market Trends

  • Demand for Cloud-Based POS Systems Is Rising

Drivers

  • Increased Internet Penetration and Payment Solutions
  • Growing Demand for Smart Retail Environment to Offer Seamless Customer Experience

Challenges

Opportunities

  • Increased Acceptance of Debit and Credit Cards Likely To Boost Demand for POS Systems
  • The Emergence of Data Analytics to Determine Trends, Improve Marketing and Predict Demand

 

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Competitive Analysis:

The POS Hardware market examines the competition by highlighting the leading industry players including crucial information, such as company profile, financial information, services offered, recent improvements in products, and key components. The report studies strengths and weaknesses of these players and presents details on several strategies adopted by them. The common strategies adopted by the POS Hardware market players include mergers and acquisition, partnerships, new product development, product promotions, and technological improvements.

 

Regulatory Factors

In October 2019, Samsung Electronics Canada announced that Samsung POS (Point of Sale), a new, NFC-enabled contactless payment acceptance system designed for micro-merchants and small businesses, is now available exclusively in Canada. Samsung POS enables merchants to accept debit and credit payments – up to $100 CDN – by tapping contactless cards, Samsung Pay, Apple Pay, and Google Pay wallets onto Samsung NFC-enabled devices.

 

Furthermore, the years considered for the study are as follows:
Historical Years: 2015-2020

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2021-2026

 

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Table of Content:

Chapter 1: POS Hardware  Market Overview

1.1 Scope of Study

1.2 Key Market Categories

1.3 Regional and Country-wise Regulatory Scenario

1.4 Market Investment Description

1.5 Market Study by Type

1.5.1 Global POS Hardware  Market Share by Type

1.6 Market by Application

1.6.1 Global POS Hardware  Market Share by Application

1.7 Market by Technology

1.7.1 Global POS Hardware  Market Share by Technology

1.8 POS Hardware  Market Progress Trends under COVID-19 Outbreak

1.8.1 Global COVID-19 Status Summary

1.8.2 Impact of the Novel Coronavirus pandemic on POS Hardware  Market Development

Chapter 3: Value Chain of POS Hardware Market

3.1 Value Chain Status

3.2 POS Hardware  Manufacturing Pricing Structure Analysis

3.2.1 Production Process Analysis

3.2.2 Manufacturing Cost Structure of POS Hardware

3.2.3 Labor Cost of POS Hardware

3.2.3.1 Labor Cost of POS Hardware  during COVID-19 Outbreak

3.3 Marketing and Sales Model Study

3.4 Downstream Major Customer Study (Region-wise)

3.5 Value Chain Landscape during COVID-19 Outbreak

Chapter 4: Industry Players operating in the POS Hardware  Market

4.4 Company 1

4.4.1 ‘Company 1’ Basic Information

4.4.2 POS Hardware  Product Profiles, Applications and Features

4.4.3 ‘Company 1’ POS Hardware  Industry Performance

4.4.4 ‘Company 1’ Business Summary

 

Updated information on POS Hardware  Market:

  • The report offers comprehensive outline of regional distributions of key and prominent products in the POS Hardware Market
  • The POS Hardware market research report offers developmental plans for businesses involved in the market based on the production cost value and products value, and more for the coming years in order to gain prosperity
  • It also provides all-inclusive study on the overall expansion within the POS Hardware Market to decide asset developments, product launch and other associated news
  • The report answers how the mid-level producers and major companies earn profit in the POS Hardware Market

 

 

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