The global POS cash drawer market is forecasted to grow at a CAGR of 6.57% during the period 2017-2021

LONDON, Nov. 29, 2017 /PRNewswire/ -- About POS Cash Drawer

A point of sale (POS) cash drawer is a removable drawer with several compartments for sorting denominations and coins. It is located underneath registers and stores cash from transactions at brick-and-motor stores. A POS cash drawer interface is linked to a POS system, which sends an electrical signal to release the latch. Traditionally, this signal is sent by receipt printer, or manually, among other types. The report segments the market based on interface type and end user. The interface types are categorized into printer-driven, Ethernet-driven, serial and USB-driven and manually-driven cash drawers.

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Technavio's analysts forecast the global POS cash drawer market to grow at a CAGR of 6.57% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global POS cash drawer market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global POS Cash Drawer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• APG Cash Drawers
• MMF POS
• M-S Cash Drawer
• NCR

Other prominent vendors
• CASIO
• CyberNet
• Diebold Nixdorf
• HP Development Company
• National Business Systems
• Posiflex Technology
• SZZT Electronics
• UIC

Market driver
• Safety and effective cash management
• For a full, detailed list, view our report

Market challenge
• Increasing popularity of non-cash payments in retail stores
• For a full, detailed list, view our report

Market trend
• Growing popularity of small POS cash drawers
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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