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SAN FRANCISCO, May 19, 2021 /PRNewswire/ The global point-of-sale terminals market size is expected
to reach USD 130.91 billion by 2028, according to a new report by Grand View Research, Inc.,
expanding at a CAGR of 6.9% over the forecast period. Many industries, such as manufacturing, automobile, entertainment, restaurant, and hospitality, have lost their business due to strict social distancing rules and complete lockdown imposed in most of the countries to control the spread of the novel coronavirus. The slumped businesses affected the product demand across the industries
.
Key suggestions from the report:
The mPOS segment is anticipated to grow at the highest CAGR over the forecast period. The increasing demand for contactless, wireless, and portable POS systems across retail and restaurant sectors is boosting the segment growth