Global Android POS Terminals Market Overview:
Android POS (Point Of Sale) system is made of hardware and software components that use the Android operating system to manage sales transactions. In todays time, android OS-based POS systems are gaining much popularity due to the increasing use of contactless cards, digital wallets, UPI, etc. for payment. Brick-and-mortar stores and e-commerce companies widely use smartphones and tablet-based POS systems due to their affordability and portability, which is expected to pose significant growth in the Android POS market. However, these systems require internet connectivity, which is likely to hamper the market growth due to limited adoption in rural or tribal areas.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Shifting Preference Towards Cloud-Based POS Integration With Other Platforms and Integration of AI and Machine Learning Into POS Systems
Market Growth Drivers:
Increased Adoption of Contactless and Mobile Payment Across Retail and Food Service Restaurants and Growing Demand for Portable or Mobile POS Systems among End Users
Challenges:
Availability of Multiple Android POS Providers in the Global Market
Restraints:
Requirement of High-Speed Internet Connectivity is Expected to Limit the Adoption in Rural Areas
Opportunities:
Adoption of Smartphones and Tablets Based POS Due to Its Affordability and Easy Use and Inclination Towards the Vertical-Specific POS Solutions
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market.
Some of the key players profiled in the report are Square (Block, Inc.) (United States), VeriFone Inc. (United States), Ingenico (France), Fiserv (United States), PAX Global Technology Limited (China), Razorpay (India), Stripe, Inc. (Ireland), Casio (Japan), Elavon Inc. (United States), Castles Technology (Taiwan), CHARGE Anywhere (United States), NEW POS Technology Limited (China), Telpo (China), Ciontek (China), Tactilion LLP (United Kingdom) and SZZT Electronics Co. Ltd. (China). Analyst at AMA Research see United States & Chinese Players to retain maximum share of Global Android POS Terminals market by 2030. Considering Market by Organization Size, the sub-segment i.e. Small & Medium enterprises will boost the Android POS Terminals market. Considering Market by Connectivity, the sub-segment i.e. Wi-Fi will boost the Android POS Terminals market. Considering Market by Component, the sub-segment i.e. Hardware (Cloud-based POS, Mobile POS, Legacy POS) will boost the Android POS Terminals market. Considering Market by Payment Mode, the sub-segment i.e. Cards will boost the Android POS Terminals market. Considering Market by End User, the sub-segment i.e. Retail & E-commerce will boost the Android POS Terminals market.
What Can be Explored with the Android POS Terminals Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Android POS Terminals Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Android POS Terminals
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Android POS Terminals market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Android POS Terminals market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Android POS Terminal Providers, IT and Fintech Companies, End Users, Government Regulatory Bodies, Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.