According to the global point-of-sale (PoS) systems market research report released by Technavio, the market is expected to accelerate at a CAGR of around 8% during the forecast period. The evolution of the global retail landscape is one of the key drivers for the point-of-sale systems market.
This research report titled ˜Global Point-of-Sale Systems Market 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.
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The global point-of-sale systems market analysis categorizes the market into the following products:
- PoS terminals
In 2016, the accessories segment accounted for nearly 75% of the point-of-sale systems market share and is expected to dominate the global market throughout the forecast period.
Global point-of-sale systems market: Top emerging trend
The adoption of cloud-based solutions for PoS systems is an emerging trend in the global market. There is a need for efficient and economical data storage as value added services such as big data analytics, inventory management, and sales management tools have become a part of the product offerings. The cloud-based storage provides the best solution with merchants being able to configure their systems, manage transactions, and access information on the cloud network. This permits the merchants to carry out their own analytics deductions on customer preferences as the data is stored in one place. The vendors have been implementing the software-as-a-service (SaaS) platform as an alternative to physical storage.
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Technavios report provides expert market research on the following topics:
- Market Outline
- Global Point-of-Sale Systems Market Overview
- 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 product (PoS terminals and accessories)
- Market segmentation by end-user (hospitality, supermarket, specialty stores, hypermarkets, gas stations, drug stores, and mass merchandise)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (CASIO, Dell, Olivetti, Sharp, and Toshiba)
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