Wireless POS Terminal Market

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MarketsandMarkets Research Private Ltd.
Presents
Wireless POS Terminal Market worth 13.00 Billion
USD by 2023 with a growing CAGR of 11.59

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ireless-pos-terminal-market-193795453.html
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The report "Wireless POS Terminal Market by
Component (Hardware, Software Services), Type
(Portable Countertop PIN Pad, mPOS, Smart POS),
Industry (Retail, Hospitality, Healthcare,
Transportation, Sports Entertainment), and
Geography - Global Forecast to 2023", The
wireless POS terminal market was worth USD 6.73
Billion in 2017 and is expected to be valued at
USD 13.00 Billion by 2023, at a CAGR of 11.59
between 2017 and 2023. The factors such as wide
adoption of wireless payment terminal by
retailers growing use of EuroPay, MasterCard,
and Visa (EMV) cards increasing e-commerce
transactions increase in cashless transactions
in different countries and growing adoption of
wireless technology in mobile handsets and
wearables drive the growth of the wireless POS
terminal market. Browse gtgt
62 Market data tables 49
figures 160 pages and
in-depth TOC on Wireless POS Terminal
Market https//www.marketsandmarkets.com/Market-R
eports/wireless-pos-terminal-market-193795453.html
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Wireless POS terminal market for mPOS expected
to grow at highest CAGR during forecast
period Mobile POS (mPOS) implementations allow
the service and sales industries to conduct
financial transactions, improving the customer
experience. The positive year-on-year growth of
the market for mPOS is attributed to ease of
accessibility and low cost of installation of
these devices along with their availability on a
monthly rental basis. These devices are
cost-effective, easy to use, and compact in size,
and their use is scalable for all business
sizes. Wireless POS terminal market for sports
and entertainment industry expected to grow at
highest CAGR during forecast period Wireless POS
terminals are largely used in the sports and
entertainment industry. In this sector, wireless
POS systems are deployed in casinos, movie
theatres, theme parks, museums, and sports
arenas. The deployment of these solutions assures
flexibility and transparency in the entertainment
business. It also provides better customer
service, which, in turn, helps improve the sales
performance.
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ireless-pos-terminal-market-193795453.html
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Wireless POS terminal market in APAC expected
to grow at highest CAGR during forecast
period The wireless POS terminal market is
rapidly expanding in APAC. The growth of the
market in APAC can also be attributed to the
rapidly growing customer base owing to increasing
prominence of small and medium businesses (SMBs)
coupled with the reduction in total cost of
ownership. Benefits associated with these systems
such as low queue time, high degree of security,
paper-free receipt option, decrease in check-out
space requirement, and increase in floor space
are the other factors that would help fuel the
growth of the wireless POS terminals market in
APAC. Some of the major players operating in the
wireless POS terminal market are Ingenico
(France), Verifone (US), First Data (US), PAX
Global Technology (Hong Kong), NCR Corporation
(US), Diebold Nixdorf (US), BBPOS (Hong Kong),
Elavon (US), Castles Technology (Taiwan), Winpos
(Finland), BITEL (Korea), Cegid Group (France),
Squirrel Systems (Canada), Newland Payment
Technology (China), and CITIXSYS AMERICAS (US).
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ireless-pos-terminal.asp
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