Global Battery Market for Point of Sale Terminals 2017-2021 | Retail Segment Dominates the Global Market | Technavio


According to the market research report released by Technavio, the global battery market for point of sale terminals is expected to accelerate at a CAGR of over 9% during the forecast period. The growing regulatory intervention on secure payments is one of the key factors triggering the growth of the market.

This research report titled ˜Global Battery Market for Point of Sale Terminals 2017-2021 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

The market research analysis categorizes the global battery market for point of sale terminals into the following end-users:

  • Retail
  • Hospitality

In 2016, the retail segment accounted for nearly 66% of the global market and is projected to decline to 63% by 2021, exhibiting almost 3% decrease in market share.

Global battery market for point of sale terminals: Top emerging trend

Wider adoption of contactless payment systems is an emerging trend in the market. There is an increase in the adoption of contactless payment systems among merchants. In these systems, the transaction takes place with the help of NFC technology, which is present in transmitters and readers. The cards issued by Visa or MasterCard have a symbol that is unique to contactless payments. These contactless cards are placed near a contactless reader that can accept payments within a second. The details of such cards can also be stored on mobile devices that have NFC technology to make payments. Contactless payment systems are the fastest mode of making payments but are not safe. They do not require a personal identification number to a certain limit; thus, lost cards are vulnerable to fraud until they are reported.

Looking for more information on this market? Request a free sample report

Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavios report provides expert market research on the following topics:

Executive Report

  • Market Outline
  • Global Battery Market for Point of Sale Terminals Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by end-user (retail and hospitality)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (LiPol Battery, Overlander, Panasonic, and Shenzhen Glida Electronics)

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

Technavio Research
Jesse Maida
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200