Published On : 01 Nov 2016
QYResearch has recently announced the addition of a new research report to its ever-increasing repository. The research report, titled “United States Wireless POS Terminals Market Report 2021,” provides a comprehensive insight of the market. The document includes an evaluation of the drivers and restraints shaping the trajectory of the United States wireless POS (Point of Sale) terminals market. The document has been collaborated using primary and secondary research methods to help the readers gain an accurate and exact understanding of the possible developments during the forecast period.
The demand for wireless POS (Point of Sale) terminals has been on the rise in the recent years due to the advantages it offers. These terminals have played a key role in meeting the demands of the mobile-savvy population. Wireless POS terminals enable users to make safe payment, keep up with the daily business tasks while on the go, accept payments, lure in customers for business, and redeem paperless coupons. These factors have been the defining force behind the growth of this market in the past couple of years. Today, these systems operate on both Android and iOS operating systems, thus giving the retailer a choice as well. The growth is also expected to flourish as several retailers are witnessing the benefits of wireless POS systems. For instance, in restaurants, the waitstaff can directly establish communication with the kitchen about the customer’s orders through the device.
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Wireless POS or Point of Sale systems have thus become integral to a majority of small retail business across the United States. Several businessmen are adopting wireless POS systems as these offer great flexibility to carry out transactions from any part of the store. Smartphones or tablets equipped with credit card scanners are used as sales terminals to carry out the transactions. Adoption of wireless POS systems has eliminated the need for fixed point of sales for retailers to a large degree. Thus, this has given the retailers a chance to change their store designs and operate according to consumer’s preference, thereby improving the service by leads and bounds.
The research report segments the United States wireless POS terminals market on the basis of technology, product, geography, and application. Each of segments has been studied using a SWOT analysis to understand the strengths, weaknesses, opportunities, and threats impacting them. The research report estimates the segment-specific trends and opportunities to project its growth pattern for the coming few years.
Some of the key players operating in the United States wireless POS terminals market are Pax Technology, Ingenico, SZZT, ATOS Worldline, VeriFone, Equinox, CyberNet, First Data, NCR, Keycorp, and Spire Payments. The research report profiles these players to provide a thorough analysis of the competitive landscape present in the global market. The report provides an explanation of the threats from the new entrants, bargaining power of the suppliers and consumers, and the intensity of the overall competition. The research report also details the research and development activities of the key players along with understanding their business and marketing strategies for the coming few years.