Financial Services & Insurance Research News

Point-of-sale market is prognosticated to showcase an impressive growth ratio detailed in new research report

Financial Services Market Research

The POS market delves into the possible growth opportunities for the global market and the chronological growth of the market throughout the forecast period.


Market Highlights:

The global Point-of-Sale (POS) market was valued at USD 39.04 Billion in 2015, and is projected to reach USD 108.52 billion by 2025, growing at a CAGR of 10.9% over the forecast period. Rising investments in technological advancements such as end-to-end encryption for delivering secured payment solutions and customers convenience are projected to escalate the demand.

Rapidly increasing smartphone penetration has encouraged the industry players to become more focused on software technology. The technology is also expected to witness a gradual shift owing to rapid technological developments in POS terminal solutions.