Global Point of Sale (POS) Receipt Printer Market - Drivers
Rising need for mobility in retail and hospitality applications
Mobility technology is becoming more widely used by the consumers in the retail and hospitality industries...
High demand for thermal point of sale (POS) printers
The falling prices of thermal POS receipt printers is leading to their increasing adoption in several industries...
Global Point of Sale (POS) Receipt Printer Market - Restraints
Rising adoption of cloud-based POS systems
A point-of-sale system, which is cloud-based and linked to the internet, can be used by businesses of all sizes...These cloud based systems have the potential to replace the existing POS printer systems...
Counterbalance: Even though the cloud based POS systems are being introduced in the market, they cannot replace the existing POS printers completely...
Global Point of Sale (POS) Receipt Printer Market - Opportunity
Expansion of point of sales receipt printer market in emerging economies
Emerging economies, often characterized by rapid urbanization, rising disposable incomes, and increasing digitalization, are witnessing a surge in the adoption of modern retail practices and technology...
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