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Aug 23, 2023
News provided by Share this article Share toX NEW YORK, Aug. 23, 2023 /PRNewswire/ -- The point-of-sale (POS) terminal market in India is estimated to grow at a CAGR of 11.59% between 2022 and 2027. The market size is forecast to increase by USD 1,812.57 million, according to Technavio - download a sample ! POS Terminals Market in India Insights - Technavio has announced its latest market research report titled POS Terminals Market in India Companies: 15+, Including BITEL Co. Ltd., Castles Technology Co. Ltd., CitiXsys Holdings Inc., Diebold Nixdorf Inc., ePaisa Services Pvt. Ltd., NASPERS Ltd., NCR Corp., Newland Digital Technology Co. Ltd., NGX Technologies Pvt Ltd, Oracle Corp., PAX Global Technology Ltd., PayPal Holdings Inc., Razorpay Software Pvt. Ltd., Revel Systems Inc., VeriFone Inc., and Worldline SA, among others Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and Company landscape; Company product insights and recent developments; key companies; and market positioning of companies Segments: Component (Hardware, Software, and Services) and End-user (Entertainment, Hospitality, Healthcare, Retail, and Others) To understand more about the point-of-sale (POS) terminal market in India, request a sample report POS Terminals Market In India - Company Insights The growing competition in the market is compelling companies to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market companies including - BITEL Co. Ltd., Castles Technology Co. Ltd., CitiXsys Holdings Inc., Diebold Nixdorf Inc., ePaisa Services Pvt. Ltd., NASPERS Ltd., NCR Corp., Newland Digital Technology Co. Ltd., NGX Technologies Pvt Ltd, Oracle Corp., PAX Global Technology Ltd., PayPal Holdings Inc., Razorpay Software Pvt. Ltd., Revel Systems Inc., VeriFone Inc., and Worldline SA POS Terminals Market In India – Market Dynamics Key Driver The growth in end-user demand for POS terminals is a key factor driving market growth. This increase is due to the growing demand for advanced payment solutions including industries as diverse as retail, healthcare, hospitality, warehousing, and distribution. Small Indian retailers are also adopting POS terminals for safe and easy payment. In addition, mobile POS leverages wireless devices such as phones and tablets to act as electronic terminals. This wireless configuration responds to customer preferences, which improves convenience. In addition, some POS providers provide products with advanced features. Hence, such factors are expected to drive market growth during the forecast period. Major Trends Significant Challenges The high operational and maintenance costs of POS terminals is a significant challenge restricting market growth. What are the key data covered in this POS Terminals Market In India report? CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the POS terminals market In India between 2023 and 2027 Precise estimation of the size of the POS terminals market In India and its contribution to the market with a focus on the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the POS terminals market in India industry across India A thorough analysis of the market's competitive landscape and detailed information about companies Comprehensive analysis of factors that will challenge the growth of the POS terminals market in India companies Gain instant access to 17,000+ market research reports. Related Reports: The mobile augmented reality (AR) market is estimated to grow at a CAGR of 30.78% between 2022 and 2027. The market size is forecast to increase by USD 83,489.08 million. This mobile augmented reality market report extensively covers market segmentation by application (marketing and advertisement, gaming and entertainment, education and learning, travel and tourism, and others), end-user (enterprise and consumer), and geography (North America, APAC, Europe, South America, and Middle East and Africa). Increasing dependence on apps and the proliferation of AR apps for numerous activities is the key factor driving the growth of the market. The next-generation data storage market is estimated to grow at a CAGR of 7.93% between 2022 and 2027. The market size is forecast to increase by USD 26.59 billion. This next-generation data storage market report extensively covers market segmentation by application (SAN, NAS, and DAS), deployment (on-premise and cloud), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The growing demand for IoT and big data operations is a driving trend in the next-generation data storage market. POS Terminals Market In India Scope Report Coverage Key companies profiled BITEL Co. Ltd., Castles Technology Co. Ltd., CitiXsys Holdings Inc., Diebold Nixdorf Inc., ePaisa Services Pvt. Ltd., NASPERS Ltd., NCR Corp., Newland Digital Technology Co. Ltd., NGX Technologies Pvt Ltd, Oracle Corp., PAX Global Technology Ltd., PayPal Holdings Inc., Razorpay Software Pvt. Ltd., Revel Systems Inc., VeriFone Inc., and Worldline SA Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact
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