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Wireless POS Terminal Trends and Forecast
The future of the global wireless POS terminal market looks promising with opportunities in the retail, hospitality, healthcare, entertainment, and transportation sectors. The global wireless POS terminal market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 12.9% from 2024 to 2030. The major drivers for this market are increasing adoption of digital payments, growth of e-commerce, and growing popularity of mPOS.
A more than 150-page report is developed to help in your business decisions.
Wireless POS Terminal by Segment
The study includes a forecast for the global wireless POS terminal by type, component, application, end use industry, and region.
Wireless POS Terminal Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Wireless POS Terminal Market by Component [Shipment Analysis by Value from 2018 to 2030]:
Wireless POS Terminal Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Wireless POS Terminal Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Wireless POS Terminal Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Wireless POS Terminal Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless POS terminal companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless POS terminal companies profiled in this report include-
Wireless POS Terminal Market Insights
Lucintel forecasts that portable countertop and PIN pad will remain the largest segment due to its growing demand from retail stores, restaurants, and trade shows and these are relatively inexpensive and easy to use.
Within this market, retail will remain the largest segment due to increasing demand for wireless POS terminals from department store, grocery, and supermarket to process efforless payments for goods and services.
North America is expected to witness highest growth over the forecast period due to increasing demand for wireless POS terminals from the hospitality, healthcare, transportation, and retail sectors of the region.
Features of the Global Wireless POS Terminal Market
Market Size Estimates: Wireless POS terminal market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wireless POS terminal market size by various segments, such as by type, component, application, end use industry, and region in terms of value ($B).
Regional Analysis: Wireless POS terminal market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, components, applications, end use industries, and regions for the wireless POS terminal market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless POS terminal market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the wireless POS terminal market size?
Answer: The global wireless POS terminal market is expected to reach an estimated $5.4 billion by 2030.
Q.2 What is the growth forecast for wireless POS terminal market?
Answer: The global wireless POS terminal market is expected to grow with a CAGR of 12.9% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the wireless POS terminal market?
Answer: The major drivers for this market are increasing adoption of digital payments, growth of e-commerce and growing popularity of mPOS.
Q4. What are the major segments for wireless POS terminal market?
Answer: The future of the wireless POS terminal market looks promising with opportunities in the retail, hospitality, healthcare, entertainment, and transportation sectors.
Q5. Who are the key wireless POS terminal market companies?
Answer: Some of the key wireless POS terminal companies are as follows:
Q6. Which wireless POS terminal market segment will be the largest in future?
Answer: Lucintel forecasts that portable countertop and pin pad will remain the largest segment due to its growing demand from retail stores, restaurants, and trade shows owing to its affordability and easy to use.
Q7. In wireless POS terminal market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing demand for wireless POS terminals from the hospitality, healthcare, transportation, and retail sectors of the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.