About Tablet Pos Systems
Tablet POS systems package all the functionality of countertop POS systems into refined, affordable consumer devices. Tablet POS systems require an elegant combination of both hardware as well as software. Software companies are providing solutions to manage customer data, inventory control, and analytics. Tablet POS systems are great options for smaller restaurants, retailers, and hospitality businesses. Increasing demand for POS systems from the various SMBs and micro-merchants has projected the growth of the global tablet POS systems market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.7% |
The tablet POS system market is highly competitive, with a wide range of vendors offering a variety of features and pricing options. Some of the key factors that businesses consider when choosing a tablet POS systemThe Players having a strong hold in the market are SumUp, PAX Technology, INGENICO, and Square, Inc.. Analyst at AMA Research estimates that European and United States Players will contribute the maximum growth to Global Tablet Pos Systems market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SumUp (United Kingdom), PAX Technology (China), INGENICO (France), Square, Inc. (United States), CHARGE Anywhere (United States), Revel Systems (United States), ShopKeep (United States), NCR Corporation (United States), Lightspeed (Canada), PayPal (United States), VeriFone Inc (United States) and Posera Ltd (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Groupon (United States), Adyen (Netherlands) and Intuit Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Tablet Pos Systems market by Type (Software and Hardware (Barcode Scanners, EMV Card Readers, Receipt Printers, and Cash Drawer)), Application (Retail, Restaurant, Hospitality Industry, Warehouse and Entertainment and Others) and Region.
On the basis of geography, the market of Tablet Pos Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Small-Sized Enterprises will boost the Tablet Pos Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. IOS will boost the Tablet Pos Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing Type, the sub-segment i.e. Monthly Subscription will boost the Tablet Pos Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of iPad and Android Point-of-sale Solutions
Market Growth Drivers:
Increasing Demand for Tablet Pos Systems from Restaurant Industry across the Globe and Secure Business Process Solutions and Ubiquitous Tablet Devices
Challenges:
Traditional PC-Based POS System
Restraints:
Government Poses Extensive Certifications and Regulations on Tablet Pos Systems for Security Reasons
Opportunities:
Technological Advancement and Development in the Tablet Pos Systems and Growing Adoption among SMBs and Micro-Merchants
Market Leaders and their expansionary development strategies
In Oct 2023, Toast introduces its Toast Flex platform, offering increased customization and scalability for enterprise-level restaurant chains.
Key Target Audience
Tablet Pos Systems Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.