POS Terminals Market in China 2015-2019

Jan 28, 2016, 18:56 ET from ReportBuyer

LONDON, Jan. 28, 2016 /PRNewswire/ -- About POS terminal
A POS refers to a system or a combination of systems that is used to facilitate easy and faster checkout for customers at various outlets. A standard POS system consists of a computer, monitor, cash drawer, receipt printer, barcode scanner, POS software, weight scale, and sometimes credit and debit card readers. A POS terminal is used for conducting sales and is used by retailers to manage information related to their inventory, customers, and cash flows. It is mainly used for retail sales management. A POS terminal not only improves the shopping experience for customers by reducing the processing time for payments but also helps them obtain and centralize information about sales of the respective products.

Technavio's analysts forecast the POS terminals market in China to grow at a CAGR of 17.8% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the POS terminals market in China for the period 2015-2019. To calculate the market size, the report covers the sales of fixed-line and wireless POS terminals in China. However, the report does not consider the following to estimate the market size: mPOS or any communication device being used as a POS terminal, sales of components used for the production of fixed-line or wireless POS terminals, and aftermarket sales of fixed-line or wireless POS terminals.

Technavio's report, POS Terminals Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the POS terminals market in China and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
- Ingenico
- PAX Technology
- SZZT
- VeriFone

Other prominent vendors
- ATOS Worldline
- Cybernet
- Shenzhen Xinguodu Technology
- Fujian LANDI Commercial Equipment
- First Data
- NCR
- Shenzhen Xinguodu Technology
- Spire Payments

Key market driver
- Growing adoption of EMV cards
- For a full, detailed list, view our report

Key market challenge
- Growing mobile payment market
- For a full, detailed list, view our report

Key market trend
- Need for improved security standards
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Download the full report: https://www.reportbuyer.com/product/3334982/

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