Tuesday, February 8, 2011

Global Point of Sale (POS) Hardware market 2009-2013


Global Point of Sale (POS) Hardware market 2009-2013

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Owing to technological advancements, the POS Hardware market is witnessing a rapid expansion; with POS systems aggressively being adapted by various industries such as Retail, Hospitality, Finance, Transport, Government, etc. Also, new technologies are being continuously incorporated into various component of POS system (such as display, storage, hard disks, operation platform, etc). In addition, the market is also witnessing an increased preference for portable and wireless POS systems.
The Retail and Hospitality industries are increasingly implementing POS systems to enhance their operational efficiency and customer service level in stores. Other business benefits such as productivity gains, control over operations, increasing the productivity of serving staff, fine-tuning of business model and return on investment are further driving the demand for POS systems. Further, replenishment markets, wherein companies are looking to replace legacy systems, offer potential opportunities for the next generation advanced POS systems.

Global Point of Sale (POS) Hardware market 2009-2013

The deployment of mobile sales devices has led to the emergence of many wireless handheld POS systems. Such handheld POS systems are being increasingly preferred by industries such as Retail, Hospitality, etc. Wireless Handheld POS systems enabled with touch screen functionality aid in ease of operation, expedite the checkout process, and effective and improved customer services. Therefore, the POS vendors are continually introducing innovative handheld POS systems. For instance, Apple has recently introduced iPod touch point-of-sale (POS) system for its own retail stores.
This report highlights the scope of the Global Point of Sale (POS) Hardware market 2009-2013, along with trends, drivers, growth inhibitors, and a few major vendors in the market.

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