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Global POS Terminals Market in the Hospitality Sector 2015-2019

  • September 2015
  • -
  • Infiniti Research Limited
  • -
  • 50 pages

About POS terminals
POS terminals are a combination of hardware and software, which allows users to accept card payments directly without updating the cash registers. The cost of installing a terminal vary with the size of the business unit and selling terms with the channel partners and suppliers. A POS terminal is an electronic device and performs the following functions:
- Reads the information of a customer’s credit/debit card
- Checks the funds status in a customer’s bank account
- Transfers the funds from customer’s account to the seller’s account
- Records the transaction
- Print the receipt of the transaction

POS terminals are now combined with union pay, which had resulted in increased market growth and shipment in 2014. This can be attributed to growing payment services and usage of debit/credit cards for transactions.

Technavio's analysts forecast the revenue of the global POS terminals market in the hospitality sector to grow at a CAGR of 14.76% in terms of revenue during 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global POS terminal market in the hospitality sector for 2015-2019. The report considers the revenue generated from the shipments of POS terminals in the hospitality sector including fixed POS terminals and wireless POS terminals. The report does not consider the revenue generated from the following:
- Mobile computing devices such as smartphones and tablets used as POS terminals by merchants
- Service and maintenance of POS terminals
- Re-selling
- Sales of used POS terminals

The merchants in the POS terminal market for the hospitality sector include the following:
- Hotels
- Fast-food takeaways
- Restaurants

Technavio's report, Global POS Terminals Market in the Hospitality Sector 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
- First data
- Ingenico
- SZZT
- VeriFone

Other prominent vendors
- CyberNet
- Equinox
- PAX Technology

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

Key market challenge
- High entry barriers
- For a full, detailed list, view our report

Key market trend
- Cloud-based solutions
- 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?

Table Of Contents

Global POS Terminals Market in the Hospitality Sector 2015-2019
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Industry overview
Significance of POS in hospitality sector
Hospitality industry transaction
Supply chain
Ecosystem
PART 06: Global POS system market
PART 07: Market landscape
Market size and forecast
Five forces analysis
PART 08: Geographical segmentation
Global POS terminals market in hospitality sector by geography Vendor landscape
PART 09: Key leading countries
US
China
PART 10: Impact of drivers
PART 11: Impact of drivers and challenges
PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
PART 13: Key vendor analysis
First Data
Ingenico
SZZT
VeriFone Systems
PART 14:
List of abbreviation

List of Exhibits
Exhibit 01: Value chain
Exhibit 02: POS terminal transaction process
Exhibit 03: POS terminal ecosystem
Exhibit 04: Global POS terminals market
Exhibit 05: Global POS terminals market by application 2014
Exhibit 06: Global POS terminals market in hospitality sector 2014-2019 (millions of units)
Exhibit 07: Five forces analysis
Exhibit 08: Global POS terminals market in hospitality sector by geography 2014-2019
Exhibit 09: Global POS terminals market in hospitality sector by geography (millions of unit)
Exhibit 10: Impact of drivers
Exhibit 11: Impact of drivers and challenges

View This Report »

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Hospitality

ref:plp2015

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