1. Market Research
  2. > IT Infrastructure
  3. > Point Of Sale Systems Market Trends

Global and China Financial POS Terminal Industry Report,2015-2018

  • July 2015
  • 165 pages
  • Research In China
Report ID: 1911255

Summary

Table of Contents

POS terminals joined UnionPay cumulatively totaled 15.935 million units by the end of 2014, a year-on-year increase of 49.9%, of which 5.3029 million units were added in 2014, up 50.9% from the previous year. The number of POS terminals joined the UnionPay network grew above 40% every year during 2011-2014.

Despite rapid growth in POS terminals joined the UnionPay network in China, the POS terminal penetration among medium-sized, small and micro businesses is only 27%, far below 90%-100% in developed countries, indicating vast room for POS terminal to expand.

As of the end of 2014, each POS terminal corresponded to 310 bankcards in China, well above countries such as Italy, Brazil, Sweden, and the United States (40-60 bankcards for a POS terminal); POS terminal ownership per 1,000 people in China stood at 11.65 units, compared with 30-50 units in the United States, Australia, Brazil, and Turkey. Therefore, the POS terminal industry still enjoys a bright prospect for further development.

Seen from the means of communication between POS terminal and banks & UnionPay, mobile POS (wireless POS), without the limits of cable lines and space, finds shorter transaction time at a faster rate. As the POS acquiring business of the third-party payment companies becomes more regulated, grows bigger and develops more diversified profit models, mobile POS terminal hopefully penetrates into small and micro businesses, and express delivery, tobacco, taxi and public utility fields rapidly.

In point of application of technology, POS bankcard payment is combining with multiple means of mobile payment at a rapid rate. Main mobile payment technologies used in POS terminal field are NFC and 2D barcode (passive code scanning) payment. With introduction of relevant standards for offline mobile payment and establishment of related certification systems, offline mobile payment will become more regulated, and consumers will gradually form the habit of mobile payment, thus fuelling rapid growth in demand for POS terminals equipped with NFC module and 2D barcode scanning engine.

Regarding the combination of software and hardware, POS terminal becomes more and more integrated. In the future, POS terminal will be integrated with all sorts of software and hardware, with the former including cash-register system, ERP system, CRM system and member management system with the function of big data analysis to achieve the functions of financial statistics, commercial management and marketing services, and the latter consisting of NFC module, 2D barcode reading module, finger print identification module, sound wave identification module, and face identification module to satisfy customers’ needs for a variety of payment models. Multiple intelligent means of payment and big data analysis-based commercial management point-of-sale (CMPOS) will be the orientation of the industry’s development.

Global and China Financial POS Terminal Industry Report, 2015-2018 focuses on the followings:

Global financial POS machine market (including bankcard consumption, POS terminal shipments and competitive landscape in various regions, and bankcard consumption, POS terminal ownership and development trends in CPSS countries);
Chinese financial POS machine market (covering market overview, market size, competitive landscape, market segments, development trends, etc.);
China payment industry (comprising non-cash payment, bankcard payment, Internet payment, third-party payment, etc.);
Chinese financial POS terminal acquiring market (including status quo, market size, competitive landscape, etc.);
Operation of global and Chinese financial POS machine manufacturers (including revenue, net income, revenue structure, gross margin, R&D costs, financial POS terminal business, etc.).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers
Global Contactless PoS Terminals Market 2017-2021

Global Contactless PoS Terminals Market 2017-2021

  • $ 3500
  • Industry report
  • February 2017
  • by Infiniti Research Limited

About Contactless PoS Terminals A POS terminal refers to a system that is used to facilitate easy and faster checkout for customers at different outlets. A standard POS system consists of a computer, monitor, ...

Global POS Terminal Market - Strategic Assessment and Forecast 2017-2022

Global POS Terminal Market - Strategic Assessment and Forecast 2017-2022

  • $ 3500
  • Industry report
  • May 2017
  • by Beige Market Intelligence

Global POS Terminal Market is Likely to Grow at a CAGR Of 12.53% during the Forecast Period 2016–2022 Report Insights The report considers the present scenario of the global POS market and its strategic ...

The 2018-2023 World Outlook for Point of Sale (POS) Terminals

The 2018-2023 World Outlook for Point of Sale (POS) Terminals

  • $ 995
  • Industry report
  • April 2017
  • by ICON Group

This study covers the world outlook for point of sale (POS) terminals across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), ...

Pos Terminals And Wireless M2m

November 2016 $ 1050

Download Unlimited Documents from Trusted Public Sources

Point Of Sale Systems Industry in Kenya

  • April 2017
    37 pages
  • Point Of Sale S...  

  • Kenya  

View report >

Point Of Sale Systems Supply in Japan - Forecast

  • February 2017
    2 pages
  • Point Of Sale S...  

    Point Of Sale S...  

  • Japan  

    Asia  

View report >

Point Of Sale Systems Industry in India

  • January 2017
    7 pages
  • Point Of Sale S...  

  • India  

View report >

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.