Electronic Cash Register Market Size, Trends, Competitors Strategy, Regional Analysis and Growth by Forecast to 2023
Electronic Cash Register Market: by Type (Stationary, Portable), Product (Standard ECRs, Checkout or POS Systems, Personal ECRs, Mobile POS Systems), End User (Retail, Hospitality) – Global Forecast till 2023
(EMAILWIRE.COM, January 26, 2018 ) Market Highlights:
The global electronic cash register market is projected to witness a rapid growth during the forecast period. Increasing emergence of cloud-based technologies is a major factor driving the growth of the market. Moreover, increasing demand for electronic cash register across various industry verticals such as BFSI, healthcare, manufacturing, retail and IT & telecommunications is fueling the growth of the global market.
The global electronic cash register market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the electronic cash register market in North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the North American electronic cash register market owing to the presence of a large number of established key players such as Toshiba Corporation, Casio Computer Co., Ltd., Dell, Inc. and Olivetti in this region. Due to the drastic fall in the usage of native applications and a considerable shift towards the adoption of mobile applications in the region, the market is likely to show immense growth in the coming future. Additionally, North America also has a well-established infrastructure, which allows a higher penetration of devices and ultimately provides better connectivity. Increasing need for innovations and advancements in the technology are other major factors responsible for the growth of the global electronic cash register market.
In the global electronic cash register market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to the growing adoption of cashless payments through POS register terminals across different countries in the region.
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Major Key Players:
Toshiba Corporation (Japan),
Foxconn Technologies (China),
Casio Computer Co., Ltd. (Japan),
Dell, Inc. (U.S.),
Olivetti S.p.A. (Italy),
Citaq Co. Ltd. (Germany),
Fujitsu Ltd. (Japan),
Hewlett-Packard (U.S.),
Forbes Technosys (India)
Posiflex Technology Pvt. Ltd. (Taiwan)
The global Electronic Cash Register Market is expected to grow at a CAGR of approximately 11% during the forecast period 2017-2023.
Regional Analysis:
North America is estimated to account for the largest share of the market, whereas Europe market is projected to grow at the fastest rate during the forecast period. The North American market is witnessing a rapid growth due to technological advancements and increasing demand for mobile application development platforms across different industry verticals in this region. U.S. holds the majority of market share both in terms of revenue as well as the adoption of mobile applications.
Segments:
The global electronic cash register market is segmented by type, product and application. Based on the type, the market is segmented into stationary and portable. Based on product, the market is segmented into standard ECRs, checkouts or POS systems, personal ECRs and mobile POS systems. Whereas, based on end user, the market is segmented into retail and hospitality.
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Intended Audience
• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Government Bodies
• Retailers
• Hospitality Sector
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
The global electronic cash register market is projected to witness a rapid growth during the forecast period. Increasing emergence of cloud-based technologies is a major factor driving the growth of the market. Moreover, increasing demand for electronic cash register across various industry verticals such as BFSI, healthcare, manufacturing, retail and IT & telecommunications is fueling the growth of the global market.
The global electronic cash register market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the electronic cash register market in North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the North American electronic cash register market owing to the presence of a large number of established key players such as Toshiba Corporation, Casio Computer Co., Ltd., Dell, Inc. and Olivetti in this region. Due to the drastic fall in the usage of native applications and a considerable shift towards the adoption of mobile applications in the region, the market is likely to show immense growth in the coming future. Additionally, North America also has a well-established infrastructure, which allows a higher penetration of devices and ultimately provides better connectivity. Increasing need for innovations and advancements in the technology are other major factors responsible for the growth of the global electronic cash register market.
In the global electronic cash register market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to the growing adoption of cashless payments through POS register terminals across different countries in the region.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4708
Major Key Players:
Toshiba Corporation (Japan),
Foxconn Technologies (China),
Casio Computer Co., Ltd. (Japan),
Dell, Inc. (U.S.),
Olivetti S.p.A. (Italy),
Citaq Co. Ltd. (Germany),
Fujitsu Ltd. (Japan),
Hewlett-Packard (U.S.),
Forbes Technosys (India)
Posiflex Technology Pvt. Ltd. (Taiwan)
The global Electronic Cash Register Market is expected to grow at a CAGR of approximately 11% during the forecast period 2017-2023.
Regional Analysis:
North America is estimated to account for the largest share of the market, whereas Europe market is projected to grow at the fastest rate during the forecast period. The North American market is witnessing a rapid growth due to technological advancements and increasing demand for mobile application development platforms across different industry verticals in this region. U.S. holds the majority of market share both in terms of revenue as well as the adoption of mobile applications.
Segments:
The global electronic cash register market is segmented by type, product and application. Based on the type, the market is segmented into stationary and portable. Based on product, the market is segmented into standard ECRs, checkouts or POS systems, personal ECRs and mobile POS systems. Whereas, based on end user, the market is segmented into retail and hospitality.
Browse Full report @ https://www.marketresearchfuture.com/reports/electronic-cash-register-market-4708
Intended Audience
• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Government Bodies
• Retailers
• Hospitality Sector
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
Contact Information:
Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
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Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results