Electronic Point of Sale Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Toshiba, NCR, Diebold Nixdorf, HP, Posiflex, Flytech, Firich Enterprises, Partner, Fujitsu, Hisense, Zonerich

The Global Electronic Point of Sale (POS) Market was worth US$ 8.71 billion in 20220. The market is expected to grow at a 16% CAGR between 2022 and 2027, from US$ 9.95 billion in 2022 to US$ 26.61 billion by 2027

Electronic Point of Sale Market Overview

The global COVID-19 pandemic has been unprecedented and staggering, with lower-than-anticipated demand for Electronic Point of Sale solutions across all regions compared to pre-pandemic levels. According to our analysis, the global market fell 1.1% in 2020 compared to 2019. The increasing adoption of cloud-based and AI-powered Point of Sale solutions among enterprises and small merchants contributes to market expansion. Artificial intelligence (AI)-based services in systems are gaining popularity and increasing in developed countries such as the United Kingdom, the United States, France, Italy, and others.

Digital transformation is fueled by increasing digitization, connectivity, and data. To improve customer satisfaction, industries use digitalization to create new products and services. Customers can use these solutions to make various types of digital and contactless payments. The widespread acceptance of electronic payment methods has increased demand for these systems. It provides flexibility, safety, accurate money management, and reduces human billing errors. Furthermore, due to the increased use of smartphones, there is a significant increase in cashless transactions globally.

The report aspects discussed the profile of the top manufacturers of the global Electronic Point of Sale market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Electronic Point of Sale Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in the Electronic Point of Sale Market?

The global Electronic Point of Sale includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Toshiba, NCR, Diebold Nixdorf, HP, Posiflex, Flytech, Firich Enterprises, Partner, Fujitsu, Hisense, Zonerich and others.

Industry News and Updates:

NCR and Google Cloud Expand Partnership to Accelerate Cloud-Driven Retail Transformation

Jan. 20, 2022— As retailers around the world deal with the fallout from COVID-19, an ongoing labour shortage, supply chain challenges, and rising consumer expectations, NCR Corporation (NYSE: NCR) and Google Cloud are teaming up to help them turn these challenges into opportunities. With the expansion of their strategic partnership, NCR and Google Cloud are now bringing additional platform and cloud capabilities, including AI and machine-learning solutions, to retailers around the world, providing them with best-in-class tools and unrivalled flexibility to deliver exceptional in-store experiences for customers.

What are the major Applications, Types, and Regions for the Electronic Point of Sale Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Single Screen


• Double Screen

By Application, it is segmented into

• Retailing


• Catering


• Entertainment


• Other

Electronic Point of Sale Market Regional Analysis

Due to several device manufacturers and the increasing number of shipments from these regions, Asia Pacific is expected to account for the largest market share in the global market during the forecast period. Furthermore, the Asia Pacific market is being driven by the growing acceptance of digital payment methods by retailers, restaurants, and other end-users.

China leads the Asia Pacific market due to the presence of local device manufacturers and the rising adoption of digital wallets among Chinese consumers. Furthermore, India is expected to grow at the fastest CAGR due to the increasing adoption of these machines by retailers and banks.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Electronic Point of Sale Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Electronic Point of Sale Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Electronic Point of Sale Market report scope?

Scope of the Report covers Electronic Point of Sale Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Electronic Point of Sale Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Key Takeaways from this Electronic Point of Sale Report

• Evaluate Electronic Point of Sale market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Electronic Point of Sale market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Electronic Point of Sale Market is studied from 2017 - 2027.

What is the growth rate of the Electronic Point of Sale Market?

The Electronic Point of Sale Market is growing at a CAGR of 16% over the next 5 years.

Who are the key players in Electronic Point of Sale Market?

Toshiba, NCR, Diebold Nixdorf, HP, Posiflex, Flytech, Firich Enterprises, Partner, Fujitsu, Hisense, Zonerich

What regions does this Electronic Point of Sale Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Electronic Point of Sale Market?

Single Screen, Double Screen

What are the major end-use applications of Electronic Point of Sale Market?

Retailing, Catering, Entertainment, Other

All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.