Point Of Sale Systems Market- Global Forecast To 2030

Point of Sale Systems Market Analysis: Impact of Thermal Printing Technology on Retail and Hospitality Industries

Report Code: UC-SE-6802 Jan, 2025, by marketsandmarkets.com

Point Of Sale Systems Market

The global Point of Sale (POS) Systems market is undergoing rapid expansion, driven by factors such as the growing adoption of digital payments, cloud technologies, and the rising need for operational efficiency. Retail, hospitality, and healthcare industries are increasingly adopting POS systems to streamline processes, manage inventory, and improve customer experiences. The future of POS systems will be shaped by AI and cloud technology innovations, with businesses adopting solutions that provide real-time data and seamless integration. These advancements will continue to improve customer experiences and operational efficiency.

In this rapidly evolving market, industry leaders such as NCR Voyix Corporation and Oracle Corporation are developing tailored POS solutions to address the unique needs of various sectors. For instance, Burger King customized Oracle Micros to align with its operational requirements, highlighting the adaptability of modern POS systems.

AI and Contactless Payments: The Next Wave of POS Innovation

Artificial Intelligence (AI), Contactless Payments, and NFC technologies are accelerating POS system adoption across industries such as hospitality and healthcare. AI helps optimize inventory and analyze customer data, while NFC-driven contactless payments offer faster, more secure transactions. All these technologies are anticipated to drive the growth of the global POS systems market.

Rise of Cloud-Based and Mobile POS Solutions

Cloud-based POS systems enable businesses to manage operations remotely and access real-time data, which is crucial for multi-location businesses. mPOS solutions further enhance flexibility, allowing transactions from anywhere, which is especially beneficial for the retail and hospitality industries.

Impact of Thermal Printing Technology on Retail & Hospitality Sectors

Thermal printing technology has become essential in retail and hospitality, offering fast and cost-efficient solutions for printing receipts and labels. This technology significantly reduces wait times and cuts costs by eliminating the need for ink and toner. Its quiet operation further enhances customer satisfaction, particularly in noise-sensitive environments like restaurants and hotels.

An excellent example of this innovation is Epson's introduction of the 'm-Series' thermal POS printers in June 2023. These printers offer a high printing speed of 500 millimeters per second and come with an IPX2 water resistance standard, ensuring durability and reliability even in high-demand environments. Thermal printing improves operational efficiency and customer experience in retail and hospitality businesses.

As various technologies such as AI, Cloud, and Contactless Payments evolve, POS systems will become even more integral in shaping the future of payment across multiple industries. By embracing cloud-based solutions, mobile POS, AI, and contactless payments, businesses can optimize operations, enhance customer experiences, and stay ahead of the competition.

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TABLE OF CONTENTS

1.Introduction

1.1.Study Objectives

1.2.Market Definition

1.3.Study Scope

1.3.1.Inclusions and Exclusions

1.3.2.Markets Covered

1.3.3.Geographic Segmentation

1.3.4.Years Considered for the study

1.4.Currency

1.5.Limitations

1.6.Stakeholders

2.Research Methodology

2.1.Research Data

2.1.1.Secondary Data

2.1.1.1.Major Secondary Sources

2.1.1.2.Key Data from Secondary Sources

2.1.2.Primary Data

2.1.2.1.Primary Interviews with Experts

2.1.2.2.Key Data from Primary Sources

2.1.2.3.Key Industry Insights

2.1.2.4.Breakdown of Primaries

2.2.Market Size Estimation

2.2.1.Bottom-Up Approach

2.2.1.1.Approach for Capturing Market Share by Bottom-Up Analysis (Demand Side)

2.2.2. Top-Down Approach

2.2.2.1.Approach for Capturing Market Share by Top-Down Analysis (Supply Side)

2.3.Market Breakdown and Data Triangulation

2.4.Research Assumptions

2.5.Risk Assessment

2.6.Limitations of Research

3.Executive Summary

4.Premium Insights

5.Market Overview

5.1.Introduction

5.2.Market Dynamics

5.3.Trends/Disruptions Impacting Customer’s Business

5.4.Pricing Analysis

5.5.Value Chain Analysis

5.6.Ecosystem Analysis

5.7.Investment and Funding Scenario

5.8.Technology Analysis

5.9.Patent Analysis

5.10.Trade Analysis

5.11.Key Conferences and Events (2025-2026)

5.12.Case Study Analysis

5.13.Regulatory Landscape

5.14.Porters Five Force Analysis

5.15.Key Stakeholders and Buying Criteria

5.16.Impact of AI/GenAI on Point of Sale Systems market

6.Point of Sale Systems Market, By Offering

6.1.Introduction

6.2.Hardware

6.2.1.Fixed POS

6.2.2.Mobile POS

6.3.Software

6.4.Services

6.4.1.Deployment & Integration

6.4.2.Support & Maintenance

6.4.3.Training & Consulting

7.Point of Sale Systems Market, By Deployment Type

7.1.Introduction

7.2.On-premise

7.3.Cloud-based

8.Point of Sale Systems Market, By Operating System

8.1.Introduction

8.2.Windows POS

8.3.Android POS

8.4.iOS POS

9.Point of Sale Systems Market, By Organization Type

9.1.Introduction

9.2.Large enterprises

9.3.Small and Medium-sized enterprises

10.Point of Sale Systems Market, By End-user

10.1.Introduction

10.2.Restaurants

10.3.Retail

10.4.Entertainment

10.5.Hospitality

10.6.Healthcare

10.7.Others

11.Point of Sale Systems Market, By Region

11.1.Introduction

11.2.North America

11.2.1.Macro-Economic Outlook

11.2.2.US

11.2.3.Canada

11.2.4.Mexico

11.3.Europe

11.3.1.Macro-Economic Outlook

11.3.2.UK

11.3.3.Germany

11.3.4.France

11.3.5.Italy

11.3.6.Rest of Europe

11.4.Asia Pacific

11.4.1.Macro-Economic Outlook

11.4.2.China

11.4.3.Japan

11.4.4.India

11.4.5.South Korea

11.4.6.Rest of Asia Pacific

11.5.RoW

11.5.1.Macro-Economic Outlook

11.5.2.Middle East

11.5.2.1.GCC Countries

11.5.2.1.1.Saudi Arabia

11.5.2.1.2.UAE

11.5.2.1.3.Rest of GCC Countries

11.5.2.2.Rest of Middle East

11.5.3.Africa

11.5.4.South America

12.Point of Sale Systems Market, Competitive Landscape

12.1.Key Player Strategies/Right to Win

12.2.Revenue Analysis

12.3.Market Share Analysis

12.4.Company Valuation and Financial Metrics

12.5.Product/Brand Comparison

12.6.Company Evaluation Matrix: Key Players, 2024

12.6.1.Stars

12.6.2.Emerging Leaders

12.6.3.Pervasive Players

12.6.4.Participants

12.6.5.Company Footprint: Key Players, 2024

12.7.Company Evaluation Matrix: Startups/SMEs, 2024

12.7.1.Progressive Companies

12.7.2.Responsive Companies

12.7.3.Dynamic Companies

12.7.4.Starting Blocks

12.7.5.Competitive Benchmarking: Startups/SMEs, 2024

12.7.5.1.Detailed List of Key Startups/SMEs

12.7.5.2.Competitive Benchmarking of Key Startups/SMEs

12.8.Competitive Situation and Trends

13.Point of Sale Systems Market, Company Profiles

13.1.Key Players

13.1.1.HP Development Company, L.P.

13.1.2.SAMSUNG

13.1.3.Panasonic Corporation

13.1.4.NCR Voyix Corporation

13.1.5.Ingenico

13.1.6.Oracle

13.1.7. Toast, Inc.

13.1.8.Clover Network, LLC

13.1.9.PAX Technology

13.1.10.Lightspeed

13.2.Other Players

14.Appendix

14.1.Discussion Guide

14.2.Knowledge Store: MarketsandMarkets’ Subscription Portal

14.3.Available Customizations

14.4.Related Reports

14.5.Author Details

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Point of Sale Systems Market Analysis

Point of Sale Systems Market Analysis: Impact of Thermal Printing Technology on Retail and Hospitality Industries

Point Of Sale Systems Market

AI and Contactless Payments: The Next Wave of POS Innovation

Rise of Cloud-Based and Mobile POS Solutions

Impact of Thermal Printing Technology on Retail & Hospitality Sectors

Growth opportunities and latent adjacency in Point of Sale Systems Market

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