The article cited AMA's Global Wireless POS Terminals Market Study explored substantial growth with CAGR of 12.3%. According to the study, Technology Advancement in Wireless POS Terminal is one of the primary growth factors for the market. Wide Adoption of Wireless Payment Terminal by Retailers
is also expected to contribute significantly to the Wireless POS Terminals market. Overall, Order Management
applications of Wireless POS Terminals, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Ingenico (France), Verifone (United States), First Data (United States), PAX Global Technology (Hong Kong), NCR Corporation (United States), Diebold Nixdorf (United States), BBPOS (Hong Kong), Elavon (United States), Castles Technology (Taiwan), Winpos (Finland), Oracle Corporation (United States), Square, Inc (United States) and HP Inc. (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Wireless POS Terminals market identified that the demand is rising in many different parts of the world as "Reduction in Cost of Wireless Technology as well as Increase in Their Reliability
". Furthermore, some recent industry insights like "In June 2017, VeriFone Holdings, Inc. (United States) Company has launched the portable Verifone V240m as well as standalone Verifone e285 solutions built on its propriety Linux-based platform. Henceforth, this would help in increasing the customer base and expansion of the company." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Standardization as well as Consumer Awareness Regarding Wireless POS Technology and Issue related to Slow Rate of Adoption of Wireless POS Terminals"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Wireless POS Terminals market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Wireless POS Terminals market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Wireless POS Terminals market tight? Which application/end-user category or Product Type [Portable Countertop & PIN Pad, mPOS, Smart POS and Other Types (Mini POS and Smart Mobile Dongle)] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Wireless POS Terminals market and other related sub-markets covered in the study.
o Key & emerging players in the Wireless POS Terminals market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Wireless POS Terminals market size is calculated using market estimation process, the Wireless POS Terminals market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Wireless POS Terminals market size has been validated using both top-down and bottom-up approaches.