Allied Market Research published a new report of “POS Payment Market By Product (Mobile Point-of-sales Terminal and Fixed Point-of-sale Terminal), Component (Hardware, Software, and Services) and Deployment (Cloud-based and On-premises): Global Opportunity Analysis and Industry Forecast, 2020–2027”. Digital transformation projects across verticals witnessed huge uptake and are also expected to contribute further in the near future. POS payment market gains popularity in various industries including IT & telecom, BFSI, and healthcare, owing to its supreme benefits such as high-speed random access of data and low power consumption.
These insights help to devise strategies and create new opportunities to achieve exceptional results. The research offers an extensive analysis of key players active in the global POS payment industry. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research.
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This makes it important to understand the practical implications of the POS payment market. To gain a competitive advantage, the players must have something unique. By tapping into the untapped market segment, they can establish a relevant point of differentiation, and this report offers an extension analysis of untapped segments to benefit the market players and new entrants to gain the market share.
The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
The POS payment market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces such as North America (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), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
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The report provides the SWOT analysis of the key market players including,AURES Group, BBPOS Limited, Bematech SA, Bitel Co. Ltd., Castles Technology Co. Ltd., Cisco Systems Inc., Diebold Nixdorf Inc., Fujian Newland Payment Technology Co. Ltd., and Ingenico Group and Micros Systems Inc., which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.
COVID-19 Scenario Analysis
- The COVID-19 pandemic is impacting society and the overall economy globally. The effect of this pandemic is increasing day by day as well as affecting the supply chain.
- The COVID-19 crisis is making uncertainty in the stock POS payment market trends, immense slowing of the supply chain, falling business confidence, and increasing panic among the customer segments.
- The overall impact of the pandemic is impacting the production process of several industries, including semiconductor, electronics, and many more.
- Trade barriers are further constraining the demand and supply outlook. As governments of different areas have already announced total lockdown and temporarily shutdown of industries, the overall production process is adversely affected.
- However, the introduction of advanced software solutions will be an instrumental factor in influencing the growth of the POS payment market forecast post pandemic.
Key Market Segments
- Mobile Point of Sales Terminal
- Fixed Point of Sales Terminal
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- The report provides a qualitative and quantitative analysis of the current POS payment market trends, forecasts, and market size from 2020 to 2027 to determine the prevailing opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market report also provides an understanding of the current position of the market players active in the POS payment market.
Highlights of the Report
- Competitive landscape of the POS payment market.
- Revenue generated by each segment of the POS payment market by 2027.
- Factors expected to drive and create new opportunities in the POS payment market.
- Strategies to gain sustainable growth of the market.
- Region that would create lucrative business opportunities during the forecast period.
- Top impacting factors of the POS payment market.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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