+1-888-308-5802     
News Contact Us

India POS Terminals Market: Deep Company Profiling of Leading Players 2020-2024

Author : Ronak Bora | Published Date : 2020-09-10 

India POS terminals market is likely to scale extensive heights of growth, primarily driven by the recent 2016 wave of demonetization that shook the financial roots of the nation. Post demonetization, the Indian government has been implementing strategic plans to encourage online transactions. According to State Bank of India, payments through credit or debit cards on POS terminals have currently amounted to INR 70,000 crore, a target that could have taken nearly three years to reach in the absence of the demonetization outbreak.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1844

It is no surprise therefore, that demonetization has led to an escalated growth in POS terminals industry in India. Furthermore, SBI reports that financial institutions across the country have deployed nearly 11.8 lakh more POS machines post demonization, and the number is likely to rise in the future with the robust increase in the number of online transactions via these terminals. Global Market Insights, Inc., states that India POS terminals market, worth USD 450 million in 2016, is slated to generate a revenue of more than USD 3 billion by 2024.

Top Key Players In India POS Terminals Market are Bitel Co., Castles Technology, CDL Logistics Group, Cegid Group, Cisco Systems, Inc., CitiXsys, Inc., Cybernet, Fujian Newland, Demandware, Inc., Epicor Software Corporation, Ezetap Mobile Solutions Pvt. Ltd., Fulfillment America, Inc., GK Software, Hewlett-Packard Company, Ingenico Group, Island Pacific, JDA Software Group, Inc., Jesta, LS Retail, Markitforce Group Pty. Ltd., MDA Ltd., Mi9 Retail, Micros Systems, Inc., Mosambee, MobiSwipe Technologies Private Limited, NCR Corporation, NEC Corporation, Orbital Response, Panasonic Corporation, PAX Technology, POS Direct Ltd., Paynear Solutions Pvt. Ltd., Retail Pro International, LLC, Samsung Electronics Co. Ltd., Shenzhen Xinguodu, Skilworth Technologies Pvt. Ltd., SKU Logistics, Squirrel Systems, SZZT Electronics, Toshiba Corporation, VeriFone Systems Inc., Visiontek Telesystems Private Limited, Wincor Nixdorf International GmbH (now Diebold Nixdorf), Worldline SA

Security concerns relating to breach in security of financial data may hinder the India POS terminals market. Customers using credit & debit cards at the systems have a risk of revealing their PINs to other customers. Several retailers are implementing advanced technology to prevent transaction frauds to execute secure online payments to make consumers more confident about the purchases.

The installation of mobile devices is allowing the merchants to plan beyond the operational savings, efficiency and focus on a variety of customer-oriented campaigns to grow and expand the customer base. Furthermore, they do not require the maintenance are primarily used for better mobility and user experience, utilizing technologies such as GPRS, 802.11, CDMA, and Wi-Fi for communication driving the India POS terminals market.

Table Of Content:

Chapter 4     India POS Terminals Market, By Product

4.1    India POS Terminals market share by product, 2016 & 2024

4.2    Mobile

4.2.1   India mobile POS terminals market, by region, 2013 - 2024

4.3    Fixed

4.3.1   India fixed POS terminals market, by region, 2013 - 2024

Chapter 5     India POS Terminals Market, By Service

5.1    India POS terminals market share by service, 2016 & 2024

5.2    Professional Services

5.2.1   India POS terminals market demand from professional services, by region, 2013 - 2024

5.3    Support & Maintenance

5.3.1   India POS terminals market demand from support & maintenance, by region, 2013 - 2024

5.4    Training

5.4.1   India POS terminals market demand from training, by region, 2013 - 2024

Chapter 6     India POS Terminals Market, By Component

6.1    India POS terminals market share by component, 2016 & 2024

6.2    Software

6.2.1   India POS terminals market demand from software, by region, 2013 - 2024

6.3    Hardware

6.3.1   India POS terminals market demand from hardware, by region, 2013 - 2024

6.4    Services

6.4.1   India POS terminals market demand from services, by region, 2013 - 2024

Chapter 7     India POS Terminals Market, By Functionality

7.1    India POS terminals market share by functionality, 2016 & 2024

7.2    Connected

7.2.1   India connected POS terminals market, by region, 2013 - 2024

7.3    Standalone

7.3.1   India standalone POS terminals, by region, 2013 - 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/india-point-of-sale-pos-terminal-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

Related News

Healthcare Gamification Market 2020 By Revenue, Top Trend & Regional Growth Forecast

Published Date: 2020-09-22         Author: Ronak Bora

Healthcare Gamification Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry ... Read More

Steam Autoclaves Market 2020 By Regional Trend & Growth Forecast To 2024

Published Date: 2020-09-22         Author: Ronak Bora

Steam Autoclaves Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challen... Read More

Vaccines Market Future Challenges and Industry Growth Outlook by 2020-2025

Published Date: 2020-09-22         Author: Ronak Bora

Vaccines Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. ... Read More

© 2020 Fractovia. All Rights Reserved