Point Of Sale (POS) Cash Drawers Market - Forecasts from 2019 to 2024
The Point of Sale(POS) cash drawers market is projected to grow at a CAGR of 6.57% to reach US$1,173.991 million in 2024 from US$801.354 million in 2018. A POS or a point of sale refers to the actual point of purchase where a customer executes a transaction of payment for goods and services. A POS cash drawer is a storage device used for depositing cash and other valuables.
Geographically, North America the European region especially the United States and the United Kingdom market share for Point of Sale(POS) cash drawer is expected to have slow growth. According to the world economic forum in spite of the growth in e-commerce, the brick and mortar stores will continue to be the channel that contributes the most revenue for the majority of large multichannel retailers until at least 2026., despite the fact that a lot major retail stores are closing shop. In fact, according to the U.S Census. The United States of America hit retail sales record for $8 trillion in 2018. Subsequently, the United Kingdom is also anticipated to have a substantial market share during the forecast period due to the fact, the retail sales of the United Kingdom in 2017 were worth 395 billion pounds (source: The House of Commons Library)
Additionally, the market share for Point of Sale(POS) cash drawers in developing countries specifically in the Asia Pacific region as well as in the African and middle eastern countries is expected to grow due to the major adoption of technology as well as the urbanization overhaul taking over in the retail industry.
With developing countries adopting technology to facilitate payment as well as keeping track of business activities in the retail industry this should be considered as one the key drivers in the growth of the Point of Sale(POS) cash drawers market
Over the next decade, the line between online and offline stores will continue to blur. Emerging business models will continue to proliferate, gaining scale and momentum. With slow-growing incomes in most digitally developed countries and a shift in consumer spending from products to services. In the future, e-commerce penetration is projected to grow from approximately 10% today to greater than 40% in 2026. (source: World Economic Forum (WEF))
Major industry players profiled as part of the report are APG Cash Drawer, LLC., MMF POS., M-S Cash Drawer, NCR Corporation, Diebold Nixdorf, Incorporated., HP Development Company, L.P., Posiflex Technology, Inc., Citaq Co. Ltd.
Segmentation
The Point of Sale(POS) cash drawers market has been analyzed through the following segments:
By Industry Vertical
Retail Industry
Healthcare
Hospitality
Travels & Tourism
Others
By Geography
North America
USA
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
Geographically, North America the European region especially the United States and the United Kingdom market share for Point of Sale(POS) cash drawer is expected to have slow growth. According to the world economic forum in spite of the growth in e-commerce, the brick and mortar stores will continue to be the channel that contributes the most revenue for the majority of large multichannel retailers until at least 2026., despite the fact that a lot major retail stores are closing shop. In fact, according to the U.S Census. The United States of America hit retail sales record for $8 trillion in 2018. Subsequently, the United Kingdom is also anticipated to have a substantial market share during the forecast period due to the fact, the retail sales of the United Kingdom in 2017 were worth 395 billion pounds (source: The House of Commons Library)
Additionally, the market share for Point of Sale(POS) cash drawers in developing countries specifically in the Asia Pacific region as well as in the African and middle eastern countries is expected to grow due to the major adoption of technology as well as the urbanization overhaul taking over in the retail industry.
With developing countries adopting technology to facilitate payment as well as keeping track of business activities in the retail industry this should be considered as one the key drivers in the growth of the Point of Sale(POS) cash drawers market
Over the next decade, the line between online and offline stores will continue to blur. Emerging business models will continue to proliferate, gaining scale and momentum. With slow-growing incomes in most digitally developed countries and a shift in consumer spending from products to services. In the future, e-commerce penetration is projected to grow from approximately 10% today to greater than 40% in 2026. (source: World Economic Forum (WEF))
Major industry players profiled as part of the report are APG Cash Drawer, LLC., MMF POS., M-S Cash Drawer, NCR Corporation, Diebold Nixdorf, Incorporated., HP Development Company, L.P., Posiflex Technology, Inc., Citaq Co. Ltd.
Segmentation
The Point of Sale(POS) cash drawers market has been analyzed through the following segments:
By Industry Vertical
Retail Industry
Healthcare
Hospitality
Travels & Tourism
Others
By Geography
North America
USA
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. POINT OF SALE (POS) CASH DRAWERS MARKET BY INDUSTRY VERTICAL
5.1. Retail Industry
5.2. Hospitality
5.3. Travels & Tourism
5.4. Healthcare
5.5. Others
6. POINT OF SALE (POS) CASH DRAWERS MARKET BY GEOGRAPHY
6.1. North America
6.1.1. USA
6.1.2. Canada
6.1.3. Mexico
6.1.4. Others
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.2.3. Others
6.3. Europe
6.3.1. Germany
6.3.2. France
6.3.3. United Kingdom
6.3.4. Spain
6.3.5. Others
6.4. Middle East and Africa
6.4.1. Saudi Arabia
6.4.2. Israel
6.4.3. Others
6.5. Asia Pacific
6.5.1. China
6.5.2. Japan
6.5.3. South Korea
6.5.4. India
6.5.5. Others
7. COMPETITIVE INTELLIGENCE
7.1. Competitive Benchmarking and Analysis
7.2. Recent Investmentss and Deals
7.3. Strategies of Key Players
8. COMPANY PROFILES
8.1. APG Cash Drawer, LLC.
8.2. MMF POS.
8.3. M-S Cash Drawer
8.4. NCR Corporation
8.5. Diebold Nixdorf, Incorporated.
8.6. HP Development Company, L.P.
8.7. Posiflex Technology, Inc.
8.8. Citaq Co. Ltd.
LIST OF FIGURES
LIST OF TABLES
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. POINT OF SALE (POS) CASH DRAWERS MARKET BY INDUSTRY VERTICAL
5.1. Retail Industry
5.2. Hospitality
5.3. Travels & Tourism
5.4. Healthcare
5.5. Others
6. POINT OF SALE (POS) CASH DRAWERS MARKET BY GEOGRAPHY
6.1. North America
6.1.1. USA
6.1.2. Canada
6.1.3. Mexico
6.1.4. Others
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.2.3. Others
6.3. Europe
6.3.1. Germany
6.3.2. France
6.3.3. United Kingdom
6.3.4. Spain
6.3.5. Others
6.4. Middle East and Africa
6.4.1. Saudi Arabia
6.4.2. Israel
6.4.3. Others
6.5. Asia Pacific
6.5.1. China
6.5.2. Japan
6.5.3. South Korea
6.5.4. India
6.5.5. Others
7. COMPETITIVE INTELLIGENCE
7.1. Competitive Benchmarking and Analysis
7.2. Recent Investmentss and Deals
7.3. Strategies of Key Players
8. COMPANY PROFILES
8.1. APG Cash Drawer, LLC.
8.2. MMF POS.
8.3. M-S Cash Drawer
8.4. NCR Corporation
8.5. Diebold Nixdorf, Incorporated.
8.6. HP Development Company, L.P.
8.7. Posiflex Technology, Inc.
8.8. Citaq Co. Ltd.
LIST OF FIGURES
LIST OF TABLES
