POS Cash Drawer: 3 Growth Factors Market Participants Should Consider

POS Cash Drawer Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global POS Cash Drawer Market Study" explored CAGR of 7.0%. According to the report, Growing Popularity of Small POS Cash Drawers is one of the primary growth factors for the market. Safety and Effective Cash Management is also expected to contribute significantly to the POS Cash Drawer market. Overall, applications of POS Cash Drawer, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Interface, such as Printer-driven cash drawer, is boosting the POS Cash Drawer market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Retail, is boosting the POS Cash Drawer market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global POS Cash Drawer market identified that the demand is rising in many different parts of the world as "Emerging Demand from Economies". Furthermore, some recent industry insights like "On 9 Jan 2018, Tellermate, a global cash-management technology solutions provider, has announced the launch of the latest version of its cloud-based cash management solution, LiveDrawer Manager. LiveDrawer utilizes Tellermate’s proven count-by-weight cash counting technology to provide real-time visibility of the cash in the drawer, virtually eliminating cash loss at the point of sale (POS), deterring internal theft and significantly reducing operational time spent counting the drawer." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global POS Cash Drawer market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

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 POS Cash Drawer market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s 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.

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Data Triangulation
The overall market size is calculated using market estimation process, the 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 market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales