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The Global Wireless POS Terminal Market size is expected to reach $12.5 billion by 2023, rising at a market growth of 11.4% CAGR during the forecast period. The demand for wireless POS terminals in retail applications is rapidly growing as the technology is used in preventing fraud and used in executing secure online payments. In addition, advanced features such as efficient invoice systems, discount offers, inventory management systems, data back-up, and customer record maintenance adds to the market attractiveness of POS terminals. Wireless POS terminals are majorly adopted in sports and entertainment industry. Wireless POS systems are deployed in casinos, movie theatres, theme parks, museums, and sports arenas to ensure flexibility and transparency.
Based on Component, the market report segments the market into Hardware and Software & Services. Hardware includes Monitoro, Card Readero, Receipt Printero, and Others. Based on Type, the Wireless POS Terminal Market segments the market into Portable Countertop & Pin Pad, mPOS, Smart POS, and Others. Based on Vertical, the market report segments the market into Retail, Healthcare, Hospitality, Sports & Entertainment, Transportation, and Others. Based on Regions, the Wireless POS Terminal Market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the competition analysis of key stake holders of the Global Wireless POS Terminal Market. Key companies profiled in the report include NCR Corporation, Diebold Nixdorf, Verifone Systems, Inc., First Data Corporation, U.S. Bancorp (Elavon), Castles Technology Co Ltd., Squirrel Systems, Ingenico Group, WinPOS, and CitiXsys Americas Inc.