0

POS Printer Market by Product and Geography - Forecast and Analysis 2020-2024

  • Published: Sep 2020
  • Pages: 120
  • SKU: IRTNTR44962
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The POS printer market size has the potential to grow by USD 597.68 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (thermal POS printer and impact POS printer) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including BIXOLON Co. Ltd., Citizen Watch Co. Ltd., CognitiveTPG, Fujitsu Ltd., HP Inc., NCR Corp., Posiflex Technology Inc., Seiko Epson Corp., STAR MICRONICS Co. Ltd., and Toshiba Corp.

What will the POS Printer Market Size be in 2020?

POS Printer Market Size

Browse TOC and LoE with selected illustrations and example pages of POS Printer Market

Request a FREE sample now!

Who are the Major POS Printer Vendors?

The POS printer market is fragmented. Vendors in the market have established long-term partnerships with retailers, distributors, and POS vendors. This makes it difficult for vendors to acquire competitors? customer base. Therefore, they focus on increasing their customer base through geographical expansions. BIXOLON Co. Ltd., Citizen Watch Co. Ltd., and CognitiveTPG are some of the major market participants. Although the increasing deployment of POS terminals will offer immense growth opportunities, the increasing adoption of self-service kiosks will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this POS printer market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this POS printer market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • BIXOLON Co. Ltd.
  • Citizen Watch Co. Ltd.
  • CognitiveTPG
  • Fujitsu Ltd.
  • HP Inc.
  • NCR Corp.
  • Posiflex Technology Inc. 
  • Seiko Epson Corp.
  • STAR MICRONICS Co. Ltd.
  • Toshiba Corp.

Which are the Key Markets for POS Printer?

POS Printer Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

APAC was the largest POS printer market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The rapid growth of the retail segment and the growing number of SMBs in emerging economies shifting from cash transactions toward cashless transactions through POS terminals will significantly drive POS printer market growth in this region over the forecast period.

40% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for POS printers in APAC. Market growth in this region will be faster than the growth of the market in other regions.

What are the Major Product Segments in the POS Printer Market?

POS Printer Market Segmentation

Request for a FREE sample and Get more information on the market contribution of various segments

Thermal printers do not require ink or toner, which helps make up for the high initial cost leading to the reduced total cost of ownership. Thermal POS printers also have other advantages over impact printers. For instance, thermal printers have a limited number of mechanical parts owing to no messy ribbons or toners. Therefore, they offer fast, clean, quiet, and reliable operations, resulting in low maintenance costs. With the introduction of Europay, MasterCard, Visa (EMV)/contactless transactions and the growing demand for cashless transactions and shorter transaction times, the market is witnessing significant adoption of POS terminals. As thermal POS printers are sold alongside POS terminals, the increasing implementation of POS terminals across the world will drive the demand for thermal POS printers. This report provides an accurate prediction of the contribution of all the segments to the growth of the POS printer market size.

How will Deployment of POS Terminals Influence POS Printer Market Growth?

The increasing deployment of POS terminals is one of the critical factors that will drive market growth. The rapid shift of modern businesses toward cashless transactions has led to surging demand for POS printers. Several establishments including big retail chains, hotels, restaurants, and pop-up stores are implementing innovative POS terminals for improving consumer experiences. Furthermore, the growing awareness about EMV standards coupled with the increasing deployment of contactless POS terminals will further accelerate the demand for POS printers.

The rising adoption of POS printers in emerging applications, one of the key POS printers market trends, will also drive market growth during the forecast period. End-user industries including the tourism and medical sectors are shifting their focus to digital POS architecture by deploying POS terminals and printers. Most of the 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. The growing application of POS printers in several end-user industries will drive the market's growth in the forthcoming years. Such factors will drive POS printer market growth at a CAGR of over 5% during the forecast period.

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this POS Printer Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive POS printer market growth during the next five years
  • Precise estimation of the POS printer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the POS printer industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of POS printer market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Thermal POS printer - Market size and forecast 2019-2024
  • Impact POS printer - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BIXOLON Co. Ltd.
  • Citizen Watch Co. Ltd.
  • CognitiveTPG
  • Fujitsu Ltd.
  • HP Inc.
  • NCR Corp.
  • Posiflex Technology Inc. 
  • Seiko Epson Corp.
  • STAR MICRONICS Co. Ltd.
  • Toshiba Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
POS Printer market growth will increase by $597.68 million during 2019-2024.
The pos printer market is expected to grow at a CAGR of 5.12% during 2019-2024.
Technavio has segmented the pos printer market by product (Thermal POS printer and Impact POS printer) and geographic (APAC, North America, Europe, South America, and MEA).
BIXOLON Co. Ltd., Citizen Watch Co. Ltd., CognitiveTPG, Fujitsu Ltd., HP Inc., NCR Corp., Posiflex Technology Inc. , Seiko Epson Corp., STAR MICRONICS Co. Ltd., Toshiba Corp. are a few of the key vendors in the pos printer market.
APAC will register the highest growth rate of 39.88% among the other regions. Therefore, the pos printer market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • India
  • Japan
  • Germany
The key factors driving the pos printer market growth are:
  • Increasing focus on maximizing product value offerings
  • Growing investments in physical retail stores
The pos printer market vendors should focus on grabbing business opportunities from the thermal pos printer segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>