Point of Sale (POS) System market will grow 19% CAGR by 2023

The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed. At the point of sale, the merchant would calculate the amount owed by the customer and indicate the amount, and may prepare an invoice for the customer (which may be a cash register printout), and indicate the options for the customer to make payment.

It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed, but is increasingly being dispensed with or sent electronically.

The POS System industry is relatively concentrated, the top 12 manufactures accounting 84.47% global market share in 2017. The global market scale of POS System is about 62 million units in 2017.

It is expected to reach 179 million units by 2023, with the CAGR of 19%.

In the world wide, major manufactures mainly are Ingenico, Verifone, PAX, Newland Payment, LIANDI, Xin Guo Du, New POS Technology, Bitel, CyberNet, Castles Technology, SZZT and.

Asia-Pacific is the largest consumer of POS System and is expected to retain the higher growth rate during the next five years due to strong growth in electronic payment industry. China has witnessed a major chunk of the production and consumption of POS System in the Asia Pacific region.

In 2017. China produced about 28.5 million POS Systems, accounting 45.8% of global market share.In recent years, the demand for electronic payment has been growing and the demand of faster speed of payment has been growing as well. This trend has made the demand of Mobile POS Systems become larger and this trend can be anticipated to fuel the market growth during the forecast period.This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of POS System starch will increase.We tend to believe this industry now is close to mature, and the demand increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing.

Similarly, there will be fluctuation in gross margin.

Report:https://www.reportocean.com/industry-verticals/sample-request.php?report_id=1435According to this study, over the next five years the Point of Sale(POS) System market will register a 15.7% CAGR in terms of revenue, the global market size will reach USD 15300 million by 2024, from USD 6410 million in 2019. In particular, this report presents the global revenue market share of key companies in Point of Sale(POS) System business.This report presents a comprehensive overview, market shares and growth opportunities of Point of Sale(POS) System market by product type, application, key companies and key regions.This study considers the Point of Sale(POS) System value generated from the sales of the following segments-Segmentation by product type- breakdown data from 2014 to 2019; and forecast to 2024 Fixed POS SystemWireless POS System

Segmentation by application- breakdown data from 2014 to 2019;and forecast to 2024RetailRestaurantHospitalityOther IndustryThis report also splits the market by regionAmericas (United States, Canada, Mexico, Brazil)APAC (China, Japan, Korea, Southeast Asia, India, Australia)Europe (Germany, France, UK, Italy, Russia, Spain)Middle East & Africa (Egypt, South Africa, Israel, Turkey)GCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

Key manufacturers covered in this report-IngenicoVerifoneNewland PaymentPAXLIANDIXin Guo DuCentermBitelNew POS TechCastles TechSZZTCyberNetIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.Research objectivesTo study and analyze the global Point of Sale(POS) System market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Point of Sale(POS) System market by identifying its various subsegments.Focuses on the key global Point of Sale(POS) System players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Point of Sale(POS) System with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the size of Point of Sale(POS) System submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.

Complete Report Details at https://www.reportocean.com/industry-verticals/sample-request.php?report_id=1435

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Rare and Beautiful it is to even EXIST!

No, I am not the owner of this line, but isn’t this truly meaningful in this seemingly meaningless world? You are glancing at the above line reading it again on your phone or computer to find deeper meaning. And now you wonder, who the hell is this guy and what is he even talking? And you don’t realize that you don’t want to read this whole post that literally talks about nothing yet almost everything but you can’t resist it, can you? At least, I can’t while I type this.

So, to answer the above question, the line is from a song called Saturn from Sleeping At Last. It has beautiful music, amazing lyrics, and breathtaking visuals. Be sure to check it out. But why does it matter? It matters because we are here and we exist. But then something strikes me like lightening does, do we really exist? That’s what I intend to find out by the end of this post.

I have been on a train of uncertainty my whole life traveling to the destinations I could be certain of. But finally, I have realized the basic understanding of uncertainty or even life. At this point of my life, if I am certain of anything, then it is uncertainty of life. Read it again. It’s amazing, isn’t it? Let me put this in Mark Manson’s quote in ‘The Subtle Art Of Not Giving AF*ck’, “The desire for more positive experience is itself a negative experience. And, paradoxically, the acceptance of one’s negative experience is itself a positive experience.” But this is not just about me. It’s about us. So, let’s talk about us.

What do you think light is? Such a silly question, immature me! No, literally what is light? Ask yourselves first. Now, light is absence of darkness. Correct. So it means light can exist when darkness doesn’t exist. But, wait! Then, it means light is dependent on darkness. And even if only one of them can exist at a time, it can’t exist if there is no existence of another. Shit, mystery solved. Not really. Knowing this phenomenon is of no use if I don’t know how to apply this shit in real life. But, how can this help me in real life? It can’t right? Or maybe it can. Back to the point.

I was recently watching Former President of USA, Barack Obama’s eulogy of Late John McCain where he re-quoted Ernest Hemingway, “Today is only one day in all the days that will ever be. But what will happen in all the other days that ever come can depend on what you do today.” And I wondered, it’s all about this day, this hour and this moment. Everything depends on right now. And there is no such thing is right time. In fact, there is no such thing as time (let’s save this crap for later). Everything that you do will, directly or indirectly, affect your life. You don’t know it yet, but it’s going to come back to you. I can promise you that. Then, why do we waste our “right now” moment in grieving about the past or worrying about the future?

Now, we are talking. Because, more than anything, my friend, life is all about the Game of Regrets. Regretting about the thing you did or thinking about regretting things you might do. But we don’t realize that regretting about yesterday is going to make us regret tomorrow about today you wasted in regretting. Wait, WTF? Yup, read it again. So, it means we don’t have to regret about anything. Maybe not. I don’t have any regrets. I have been called selfish, greedy, careless and whatnot. And I have also been called a best friend, best person and best son. It’s not me, who is different. The perceptions are. I don’t regret anything because everything that I knowingly or unknowingly did have helped me reach here, to right now. And right now is beautiful. I am happy. So, there is no place regrets.

So, accepting what you have done yesterday, what you are right now and what you will do tomorrow is the only way forward.

We need to understand why beautiful is really beautiful – because there is ugly. Without existence of ugliness, there is no such thing as beauty. Without day, there is no night. Without night, there is no light. Without light, there is no darkness. And the list goes on, but you get the point. We need to learn how to accept both happiness and sadness. We need to accept both light and darkness. We need to accept both beauty as well as ugliness. We need to accept for the things that they are. Let me tell you that you are beautiful. You are strong. You are fierce. And there will always be a storm coming at your way, one after the other. There will always be something to run after beyond that horizon. The race to the horizon and beyond will continue for ages and more. But you will make it beyond that horizon and the horizon beyond that. You will, trust me. Only, if you believe in right now. Only if you think right now is only thing you have and you have to make it through this moment, and repeat again and again and again. And always remember to tell yourself Hemingway’s line whenever you lose the sight of horizon – Today is the only day in all the days that will ever be. But what will happen in all the other days that ever come can depend on what you do today.

And right now is rare and beautiful. It truly is. You ask me, why? Because, we exist!