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Growth of POS Printer Market to be Impacted by the Rising Adoption of POS Printers in Emerging Applications | Technavio
By: Business Wire
Oct. 9, 2019 03:00 PM
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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191009005489/en/
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
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POS Printer Market 2019-2023: Competitive landscape
POS Printer Market Landscape 2019-2023: Geographic landscape
POS Printer Market Landscape 2019-2023: Product
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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:
DRIVERS AND CHALLENGES
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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.
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