Research and Markets (http://www.researchandmarkets.com/research/z739tj/global_wireless)
has announced the addition of the "Global
Wireless POS Terminal Market 2012-2016" report to their
The analysts forecast the Global Wireless POS Terminal market to grow at
a CAGR of 7.7 percent over the period 2012-2016. One of the key factors
contributing to this market growth is the increasing necessity to
improve hospitality and reliability among customers. The Global Wireless
POS Terminal market has also been witnessing the increasing organized
logistics sector in emerging countries.
The markets that are not covered in this report are:
1. Any support, maintenance and services that are offered for/with
wireless POS terminals.
2. Components that are used in the manufacture of wireless POS terminals.
3. Any product that does not fall under wireless POS terminals.
4. NFC POS terminals.
5. POS hardware, software, firmware, solutions, components and
integrated circuits ICs.
The key vendors dominating this market space are Equinox Payments LLC,
Ingenico S.A., and VeriFone Systems Inc.
The other vendors mentioned in the report are First Data Corp., PAX
Technology Ltd., and ViVOtech Systems Inc.
Commenting on the report, an analyst from TechNavio's Hardware team
said: "The market for wireless POS terminals is gearing up in the APAC
region. In particular, the mobile service providers in Japan and South
Korea are active in setting up cross-border wireless POS terminal
facilities between the two countries. As Japan is the technology leader
in the APAC region, the Japanese service providers are highly keen to
capitalize on wireless POS terminals. Around 15 million Japanese
travelled abroad in 2010, majorly to China and South Korea but also to
Europe and the US. The prime reason for moving to wireless POS terminals
is to enable the Japanese customers to use contactless services such as
payment and transit ticketing in the countries they visit."
According to the report, the Global Wireless POS Terminal market is
witnessing high growth with the increased adoption of smart cards and
EMV cards worldwide. With the increased adoption and the competition
from new entrants, the average price of wireless POS terminals has been
decreasing, which is further driving the market.
For more information visit http://www.researchandmarkets.com/research/z739tj/global_wireless
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