Retail Point of Sale Market projected to reach $34 4 billion by 2026, with a remarkable CAGR of 13 9% texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Retail Point of Sale Market worth $34.4 billion by 2026 - Exclusive Report by MarketsandMarkets Retail Point of Sale Market by Product (Fixed POS, Mobile POS), Component (Hardware, Software, and Services (eployment & Integration, Support & Maintenance)), End User (Grocery Stores, Specialty Stores, Gas Stations), and Region - Global Forecast to 2026 , published by MarketsandMarkets, the market size to grow from USD 15.8 billion in 2020 to USD 34.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period.
Growing interest in non-cash transactions among consumers, increased data visibility through cloud POS systems and enhanced service delivery are major growth factors for the market. Rising penetration of eCommerce platforms, growing interest in POS solutions among small businesses, and strong growth in global retail industry would provide lucrative opportunities for vendors in the Retail POS market.