Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality, Healthcare, Retail, Government & Transportation and Others), By Countries (China, India, Japan, Australia, Malaysia, Indonesia & Rest of Asia Pacific) and Competitive Landscape
Product Code: ETC002516 | Publication Date: Jul 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Point of Sale (POS) terminal market report thoroughly covers the market by terminal type, end-users, and countries such as Japan, China, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of the APAC region. The APAC POS market outlook report provides an unbiased and detailed analysis of the ongoing APAC POS market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
APAC POS terminal market is expected to witness substantial growth primarily due to digitization and growth in online business transactions. APAC is one of the most emerging and revenue-generating markets all across the world. Further, China, Japan, and India are some of the key frontrunners in the adoption of POS terminals in APAC. However, other major countries such as Singapore, Laos, South Korea, and the Philippines have also taken initiatives such as passing the mandatory regulatory framework, adopting cloud-first policies, widening broadband penetration as well as broadening access to the Internet. These initiatives will spur the demand for the APAC POS terminal market during the forecast period.
According to 6Wresearch, the Asia Pacific (APAC) POS Terminal Market is projected to register substantial growth during 2020-2026. Move towards digitization, increasing demand for mobile POS terminals, rising adoption of mobile wallets, favorable regulations as well as increasing adoption of cloud technology are some of the key growth drivers of the APAC POS terminal market. However, the APAC POS terminal market is expected to witness a downfall during the initial months of 2020 due to the outbreak of the Covid-19 pandemic in the region and the market is expected to recover gradually over the next few years. The rising adoption of cloud-based POS is adding to the development of the industry. Moreover, the adoption of this technology in various sectors such as restaurants is also accelerating the Asia Pacific POS terminal market growth. The expansion of the hospitality sector also triggers the potential growth of the industry. Increasing health concern owing to the adoption of contactless payment method is developing the growth of the industry.
Some of the prominent players operating in the India POS terminal market are Ingenico International India Pvt. Ltd., Verifone India Sales Pvt. Ltd., Mswipe Technologies Private Limited, Ezetap Mobile Solutions Pvt. Ltd., MobiSwipe Technologies Private Limited, Paynear One, PayU Money, ePaisa, Pine Labs and PAX Technologies Pvt. Ltd.
Asia Pacific POS terminal market is projected to gain traction in the upcoming six years on the back of the rising expansion of the brand store establishment across the region. Further, the Indian POS terminal market is gaining traction underpinned by The growing establishment of commercial sectors such as retail outlets, hypermarkets, and supermarket stores due to the increasing growth of the urban population and rising discretionary spending of the population in the country which has led to simultaneously proliferate the adoption for POS terminal to ensure efficient payment method and this is expected to benefit the progressive growth of the India POS terminal market, as a result, is expected to spur the growth of the Asia Pacific POS the terminal market in the coming years.
In terms of countries, China, India, and Japan are the leading revenue-generating countries, which have witnessed substantial growth in POS installation over the past few years due to technological innovation, development of the e-commerce sector, and the digitization plans initiated by the government.
In terms of POS Terminal type, the portable and mobile POS terminals are registering significant growth.
On the basis of end-user, the healthcare and retail verticals are dominating the overall APAC POS terminal market due to the outbreak of the Covid-19 pandemic in the region.
The APAC POS terminal market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. APAC POS Market Overview |
3.1 APAC Indicators |
3.2 APAC POS Market Revenue & Volume, 2016-2026F |
3.3 APAC POS Market Revenue Share, By Terminals Types, 2019 & 2026F |
3.4 APAC POS Market Revenue Share, By End-Users, 2019 & 2026F |
3.5 APAC POS Market Revenue Share, By Regions, 2019 & 2026F |
3.6 APAC POS Market - Industry Life Cycle |
3.7 APAC POS Market - Porter’s Five Forces |
4. APAC POS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. APAC POS Market Trends |
6. APAC POS Market Overview, By Terminals Types |
6.1 APAC POS Market Revenues & Volume, By Portable, 2016-2026F |
6.2 APAC POS Market Revenues & Volume, By Countertop, 2016-2026F |
6.3 APAC POS Market Revenues & Volume, By Mobile POS, 2016-2026F |
6.4 APAC POS Market Revenues & Volume, By PIN Pad, 2016-2026F |
6.5 APAC POS Market Revenues & Volume, By Multimedia, 2016-2026F |
7. APAC POS Market Overview, By End-Users |
7.1 APAC POS Market Revenues & Volume, By Hospitality & Healthcare, 2016-2026F |
7.2 APAC POS Market Revenues & Volume, By Retail & e-Commerce, 2016-2026F |
7.3 APAC POS Market Revenues & Volume, By Government & Transportation, 2016-2026F |
7.4 APAC POS Market Revenues & Volume, By Others, 2016-2026F |
8. India POS Market Overview |
8.1 India POS Market Revenue & Volume, 2016-2026F |
8.2 India POS Market Revenues, By Terminals Types, 2016-2026F |
8.3 India POS Market Revenues, By End-Users, 2016-2026F |
9. China POS Market Overview |
9.1 China POS Market Revenue & Volume, 2016-2026F |
9.2 China POS Market Revenues, By Terminals Types, 2016-2026F |
9.3 China POS Market Revenues, By End-Users, 2016-2026F |
10. Japan POS Market Overview |
10.1 Japan POS Market Revenue& Volume, 2016-2026F |
10.2 Japan POS Market Revenues, By Terminals Types, 2016-2026F |
10.3 Japan POS Market Revenues, By End-Users, 2016-2026F |
11. Australia POS Market Overview |
11.1 Australia POS Market Revenue& Volume, 2016-2026F |
11.2 Australia POS Market Revenues, By Terminals Types, 2016-2026F |
11.3 Australia POS Market Revenues, By End-Users, 2016-2026F |
12. Thailand POS Market Overview |
12.1 Thailand POS Market Revenue& Volume, 2016-2026F |
12.2 Thailand POS Market Revenues, By Terminals Types, 2016-2026F |
12.3 Thailand POS Market Revenues, By End-Users, 2016-2026F |
13. Indonesia POS Market Overview |
13.1 Indonesia POS Market Revenue& Volume, 2016-2026F |
13.2 Indonesia POS Market Revenues, By Terminals Types, 2016-2026F |
13.3 Indonesia POS Market Revenues, By End-Users, 2016-2026F |
14. Malaysia POS Market Overview |
14.1 Malaysia POS Market Revenue& Volume, 2016-2026F |
14.2 Malaysia POS Market Revenues, By Terminals Types, 2016-2026F |
14.3 Malaysia POS Market Revenues, By End-Users, 2016-2026F |
15. Rest of the APAC POS Market Overview |
15.1 Rest of the World POS Market Revenue& Volume, 2016-2026F |
16. APAC POS Market - Opportunity Assessment |
16.1 APAC POS Market Opportunity Assessment, By Terminal Types, 2026F |
16.2 APAC POS Market Opportunity Assessment, By End-Users, 2026F |
16.3 APAC POS Market Opportunity Assessment, By Regions, 2026F |
17. APAC POS Market Competitive Landscape |
17.1 APAC POS Market Revenue Share, By Companies, 2019 |
17.1.1 India POS Market Revenue Share, By Companies, 2019 |
17.1.2 China POS Market Revenue Share, By Companies, 2019 |
17.1.3 Japan POS Market Revenue Share, By Companies, 2019 |
17.1.4 Australia POS Market Revenue Share, By Companies, 2019 |
17.1.5 Malaysia POS Market Revenue Share, By Companies, 2019 |
17.1.6 Indonesia POS Market Revenue Share, By Companies, 2019 |
17.1.7 Thailand POS Market Revenue Share, By Companies, 2019 |
17.2 APAC POS Market Competitive Benchmarking, By Operating & Technical Parameters |
18. Company Profiles |
19. Key Recommendations |
20. Disclaimer |