Growth of POS Printer Market to be Impacted by the Rising Adoption of POS Printers in Emerging Applications | Technavio

Growth of POS Printer Market to be Impacted by the Rising Adoption of POS Printers in Emerging Applications | Technavio

LONDON--(BUSINESS WIRE)--Oct 9, 2019--

The report, POS printer market 2019-2023, has been added to Technavio's catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on product (thermal POS printer and impact POS printer) and geography (APAC, North America, Europe, South America, and MEA) for the forecast period 2019-2023.

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Technavio has announced its latest market research report titled global POS printer market 2019-2023. (Graphic: Business Wire)

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The report on the POS printer market includes:

POS printer market analysis and forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation
    • Product
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

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POS Printer Market 2019-2023: Competitive landscape

  • Vendors covered
  • Vendor classification
    • Bixolon Co.,Ltd.
    • HP Development Company, L.P.
    • NCR
    • Seiko Epson Corporation
    • STAR MICRONICS CO., LTD.

POS Printer Market Landscape 2019-2023: Geographic landscape

  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries

POS Printer Market Landscape 2019-2023: Product

  • Thermal POS printer - Market size and forecast 2018-2023
  • Impact POS printer - Market size and forecast 2018-2023

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Increasing deployment of POS terminals will drive the POS printer market

The rapid shift of modern businesses toward cashless transactions has led to a surge in demand for POS printers. Several establishments including big retail chains, hotels, restaurants, and pop-up stores are implementing innovative POS terminals to improve consumer experience. Furthermore, the growing awareness about EMV standards coupled with the increasing deployment of contactless POS terminals will further accelerate the demand for POS printers in the coming years.

Rising adoption of POS printers in emerging applications – An emerging trend in the POS printer market

End-user industries including the tourism and medical sectors are shifting their focus to digital POS architecture by deploying POS terminals and printers. Most tourist locations are often integrated with POS solutions to cater to the preference for cashless transactions from modern tourists. Similarly, POS printers are also increasingly being adopted in the healthcare industry predominantly for receipt printing, prescription printing, and order label printing. Therefore, the growing application of POS printers in several end-user industries will drive the market’s growth in the forthcoming years.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

MARKET TRENDS

  • Growing investments in physical retail stores
  • Increasing partnerships with market participants
  • Rising adoption of POS printers in emerging applications

Technavio also offers Custom Research services providing focused, comprehensive, and tailored research.

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 10/09/2019 03:00 PM/DISC: 10/09/2019 03:00 PM

Copyright Business Wire 2019.

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