Handheld Point of Sale (POS) Market Trends, Company Share To 2022: Grand View Research, Inc.

Handheld Point of Sale (POS) Market Analysis, Market Size,
Application Analysis, Regional Outlook, Competitive
Strategies, and Forecasts, 2015 To 2022
Global handheld POS market is anticipated to witness significant growth owing to
the enhanced user experience and mobility. Ease of payment procedures along with
need for modernization in healthcare, restaurants, supply chain and retail sectors
are projected to fuel the handheld POS market.
Handheld POS supports both Wi-Fi 802.1x fixed wireless data solutions and
4G/3G technologies allowing flawless information transport to enterprise systems
which is projected to drive the handheld POS market. The handheld POS market is
expected to witness significant growth owing to retail process and cost effective
inventory made by portable terminal function set comprising wireless transport and
capability.

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The segments addressed by handheld POS devices relates to extension of standard
cash register POS terminals, portable combined on-site terminals, mobile indoor
payment POS solutions and integrated direct inventory POS applications. The
handheld POS helps retailers to combine in-store and back office solutions along
with control inventory flow for enhanced productivity. Additionally, handheld POS
devices guide in tracking customer facing technologies and customer purchase
pattern which helps in increasing customer loyalty sales and retention which is
further projected to drive surge the handheld POS market

Handheld POS offers quick centralization of data, easy data accessibility and low
costs which is projected to trigger handheld POS market growth over the next six
years. Increased adoption of credit and debit cards owing to rising customer
preference coupled with rising popularity of tablets, smart phones and various
handheld devices is anticipated to offer notable opportunities for the handheld POS
market.
Lack of awareness and network infrastructure about the handheld POS systems is
expected to hinder handheld POS market growth.
The handheld POS market can be classified by the components into software and
hardware. On the basis of application the market can be categorized into restaurant,
distribution/warehouse, hospitality, entertainment and retail.

North America is expected to be the prevailing region for the handheld POS
market. Asia Pacific is projected to evolve as a prominent region owing to the low
manufacturing costs provided by various Chinese companies.
Key players in the handheld POS market include Fujitsu Ltd, Motorola Solutions,
Kaching Mobile, Casio, Fersion Computer Technology Co. Ltd, Honeywell
Scanning and Mobility, Intermec, Oracle, Bizsoft Computer Technology Co. Ltd
and Cybernet.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
healthcare and energy.
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