Point-of-Sale (POS) Terminals Market - Global Industry Growth, Analysis and Forecast, 2014 to 2020: Grand View Research, Inc.
Growing adoption of near-field communication (NFC) technology for payments coupled with cloud computing development is estimated to drive POS terminals market growth, according to a new study by Grand View Research, Inc. Ease of use and improved return on investment (ROI) offered by these systems has favorably impacted the market. Increased demand for mobile POS (mPOS) terminals such as smart card EFT (Electronic Funds Transfer) is also estimated to drive the market.
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