Overview of the global mobile EMV POS terminals market
Market research analysts at Technavio have predicted that the global mobile EMV (Europay, MasterCard, and Visa) POS terminals market will grow impressively during the forecast period and post a CAGR of almost 18% by 2020. In contactless payment systems, the transaction takes place with the help of Near-Field Communication (NFC) technology that is present in transmitters and readers. The cards issued to customers have a symbol that is unique to contactless payments. When placed near a contactless reader, these transmitters can accept payments within seconds. Not just cards, even smartphones and smartwatches can also be used as contactless transmitters. Contactless payment systems are by far the fastest mode of making payments and the demand for such systems is increasing exponentially as users find these systems quick and easy to make payments. This will subsequently increase the adoption of contactless payment systems, which will lead to the rise in demand for mobile EMV compliant POS terminals.
In terms of geography, APAC will account for more than 51% of the total share of the market by 2020 and will also dominate the industry throughout the forecast period. This will mainly attribute to the increased preference toward non-cash payment methods in the region. The presence of several unorganized retailers, the growing number of retail outlet establishments, and the increasing purchasing power of end-consumers will also contribute to the growth of the market. Moreover, the increasing foreign direct investments in developing countries such as India will also result in increased investment in the retail and
Global outlook of the stick PC market
Technavio’s market research analysts have predicted that the global stick PC market will grow steadily during the predicted period and post a CAGR of almost 7% by 2020. Though the features and functionalities of stick PCs are limited as compared to laptops, the stick PCs are priced at a comparatively lower cost compared to laptops or personal computers. Stick PCs allow the user to carry a computer, which can be used to access data on devices such as TVs having HDMI ports and laptops. They can also be used with projectors and interactive flat panels. The stick PC market is still in its initial stages, and the level of competition among the vendors is low. As a result, the price wars are negligible, and the reducing average selling price will not have any influence on driving the product volumes. The low cost of stick PCs will drive the volumes, which, in turn, will help manufacturers scale the production and reduce costs.
The increased adoption of stick PCs will lead to the progressive development of digital content. The implementation of online and blended learning methods has led to the increased adoption of advanced technologies to aid content development. The usage of learning management systems (LMSs) and learning content management systems (LCMSs) has enabled the faster development of content. Moreover, learning management system vendors are constantly increasing their R&D investments to upgrade their education systems. This has resulted in the advent of cloud-based learning management systems, which can be accessed through stick PCs from remote locations.
Competitive landscape and key vendors
The market is characterized by the presence of only a few vendors but is expected to witness the entry of several new vendors in the next four years. These new vendors
Overview of the printer supplies market
The global printer supplies market is envisaged to witness slow growth and will reach a market value of more than USD 33 billion by 2020. The increasing demand for inkjet and wireless printers is one of the primary factors driving the growth of this market globally. The recent technological advances in the inkjet printing technology, including the invention of UV-curable inkjet printers, have resulted in greater speed, lower production costs, and a wider range of applications. Moreover, these technological innovations have made inkjet printers highly suitable for industrial scale production, particularly when buying criteria such as quality, cost, and durability is concerned. Also, the increasing demand for PCs and laptops in offices has a direct impact on the demand for printers. The introduction of cloud-based wireless printers allows sharing of printers on a network as well as integration with cloud systems, leading to its augmented adoption in the coming years.
In this industry research report, the analysts have deduced factors such as the growing demand for digital printing to impel this market’s growth prospects over the next four years. The rapid replacement of traditional printing methods with digital printing is anticipated to contribute to this market’s growth over the predicted period. In digital printing, there is no need to replace printing plates while plates have to be repeatedly replaced in traditional printing methods. Therefore, digital printing has several advantages such as quicker turnaround time and lower cost and provides customers with more flexibility, greater inventory turnover, and higher profitability.
Segmentation by type of sales and analysis of the printer supplies market
During 2015, the OEM segment dominated the market and accounted for more than 82% of
Overview of the global production printer market
Technavio’s market research analysts have estimated that the global production printer market will grow steadily at a CAGR of almost 2% by 2020. The rise in demand for high-speed inkjet production printing is considered to be one of the primary growth drivers for this market. High-speed inkjet printing is becoming a mainstream technology for printing transactional documents and due to the rise in POD (print on demand) services, book publishers are also shifting towards digital printing technology. Since high-speed ink jet printers use water-based inks, publishers can retain the same quality as that of the four color offset printed A4 page at a much reduced printing weight. Moreover, high-speed inkjet printers are faster and offer higher efficiency that increases the demand for this market among publishers.
Though offset printing is more economical, digital printing technology is more reliable and offer increased productivity that makes them cost-effective over higher print runs. Also, digital printers do not require a film and plate making process that aids in printing quickly, which reduces turnaround time. As a result, printing presses are using a combination of both the technologies to optimize output and minimize unit costs. This market study identifies this rise in demand for digital production printing as one of the primary trends that will gain traction in this market during the forecast period.
Segmentation by product type and analysis of the production printer market
- Offset printing
- Digital printing
During 2015, the offset printing segment dominated the production printer market and accounted for almost 82% of the total market share. This industry study report envisages that due to benefits such as shorter run lengths and faster turnaround time, the market share of digital printing
Global outlook of the laser distance meter market
Market research analysts at Technavio have predicted that, in terms of revenue, the global laser distance meter market will grow steadily at a CAGR of more than 1% by 2020. The increasing number of floor plan apps is considered to be one of the major factors that will contribute to the growth of this market. Vendors are constantly looking to integrate laser distance meters with office workstations on a real-time basis and as a result, few vendors have developed mobile applications that enable users to connect to the laser distance meters with their smartphones and tablet computers. Compared to manual measurements, these mobile apps assist users to record measurements of real world objects with better precision, ease, and speed and also helps save time and manpower while increasing work efficiency. Availability of such apps will induce more professionals to connect to the laser distance meters, which will, in turn, propel the adoption of such devices in the coming years.
The increasing customer demand and pricing pressure will lead to intense competition in the market and will compel organizations to start focusing more on their strategic competitiveness. This emphasis on strategic competitiveness helps enterprises to develop new competitive strategies and develop their unique selling proposition. The integration of laser digital meters with mobile apps allows vendors to analyze the consumer requirement. Additionally, It generates massive data to run consumer analytics to identify and retain consumers and also allows end-users to digitally record measurements in computing devices.
Competitive landscape and key vendors
The market is driven by the constant upgradation of both hardware and software and is consolidated with a few major players. One of the
Overview of the global point of sale (POS) terminals market
Market research analysts at Technavio have predicted that the global point of sale (POS) terminals market will grow steadily at a CAGR of about 9% by 2020. Owing to the rising popularity of e-commerce, the recent years have witnessed an exponential increase in the number of online shoppers. The growing need to remain competitive, penetrate unfamiliar markets, meet increasing demands from customers, and respond to changing customer needs have compelled vendors to focus on having an online sales sector for their business. Few vendors are also focusing on completely replacing their physical stores with digital sales channels. This preference for e-commerce has led to the rapid increase in e-commerce transactions, which will, in turn, have a positive impact on the growth of the point of sales systems market.
This market research analysis identifies the wider adoption of contactless payment systems as one of the major trends that will gain traction in the POS system market in the coming years. Transactions using contactless payment systems take place with the help of near-field communication (NFC) technology. The issued cards carry a symbol that is unique to contactless payments and when placed near a contactless reader can accept payments within a second. They do not require a PIN to make payments to a certain limit and are considered to be the fastest mode of making payments.
Competitive landscape and key vendors
The market is witnessing a shift in vendor competition from mature markets in Europe to potential markets such as the US, India, China, and Brazil. End-users in developing economies demand low-
Since the desktop PC, there has been a slew of devices that have been introduced into the market, from smartphones to laptops to tablets. One by one, these devices have revolutionized the way individuals work. They have created a more mobile workforce, creating more global businesses.