India POS terminals market stood at $ 235.57 million in 2016, and is forecast to exhibit a CAGR of more than 11%, in value terms, during 2017-2022, to reach $ 724.14 million by the end of 2022, primarily owing to increasing government focus and initiatives aimed at digitizing the country’s economy. In 2016, retail sector accounted for the largest market share in India POS terminals market, on the back of increasing awareness among retailers about the benefits of POS terminals. Increasing use of new technologies such as mobile wallets, rising demand from the urban population for more secure ways of making transactions and ease of use associated with POS terminals are expected to fuel demand for POS terminals in India during the forecast period.  

Years considered for this report:

Historical Years: 2012 – 2016

Base Year: 2016

Estimated Year: 2017

Forecast Period: 2017 – 2022

Objective of the Study:

  • To define, analyze and forecast India POS terminals market in terms of value and volume.
  • To give a detailed analysis of India POS terminals market on the basis of type, end user sector, company and region.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, by segmenting India POS terminals market into four regions – North, South, East and West.
  • To identify the trends, drivers and challenges in India POS terminals market.
  • To analyze and forecast the market size, in terms of value, of India POS terminals market with respect to key end use sectors such as retail & e-commerce, hospitality, government & transportation, and others.
  • To strategically profile the leading players operating in POS terminals market in India.

 

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Few of the major players operating in India POS terminals market include Verifone India Sales Pvt. Ltd., Ingenico International India Pvt. Ltd., Ezetap Mobile Solutions Pvt. Ltd., Mswipe Technologies Private Limited, MobiSwipe Technologies Private Limited, PayU Money, ePaisa, Pine Labs, PAX Technologies Pvt. Ltd., and Paynear One.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, our team of analysts sourced a list of POS terminal manufacturers and suppliers across India, and subsequently, conducted primary research surveys through telephonic calls. While interviewing, the respondents were also enquired about their competitors. We also analyzed the product offerings and regional presence of major POS machine providers across India. Our team used the bottom-up approach to calculate the market size of India POS terminals market, where data for major end users (Retail & e-Commerce, Hospitality, Government & Transportation and Others), regions (North, South, East, West) was recorded as well as forecast for the future years. Data from various secondary sources such as company websites, annual reports, government websites, press releases, company annual reports, white papers, investor presentations and financial reports was also scrutinized to prepare the report.

 

Key Target Audience:

  • Private and government banks
  • POS machine start-ups
  • End user sectors of POS terminals such as retail & e-commerce, hospitality, government & transportation, etc.  
  • Major manufacturers of POS terminals investing in India
  • Associations, organizations, forums and alliances related to POS terminals
  • Government bodies such as regulating authorities and policy makers
  • Research organizations and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as POS terminals providers, component manufacturers, distributors and dealers, customers and policy makers, as well as in identifying key target segments in the coming years (next two to five years) in order to strategize investments and capitalize on emerging growth opportunities in India POS terminals market.

Report Scope:

In this report, India POS Terminals market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Type:
    • Fixed POS
    • Portable POS
    • Mobile POS
  • Market, By End Users:
    • Retail & e-Commerce
    • Hospitality
    • Government & Transportation
    • Others
  • Market, By Geography:
    • North
    • East
    • West
    • South

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of market share.

Company Profiles: Detailed analysis of the major companies operating in India POS terminals market.

Voice of Customer: Detailed analysis of customers’ point of view on implementation of POS terminals in India.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

In case, you can’t find what you are looking for then please get in touch with our custom research team at sales@techsciresearch.com

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Global POS Terminals Market Overview

5.       India POS Terminals Market Landscape

6.       India POS Terminals Market Outlook

6.1.    India POS Terminals Market Overview

6.2.    Market Size & Forecast

6.2.1.By Value

6.2.2.By Volume

6.3.    Market Share & Forecast

6.3.1.By Type (Fixed, Portable & mPOS)

6.3.2.By End User (Retail & e-commerce, Hospitality, Government & Transportation, Others)

6.3.3.By Region

6.3.4.By Company

6.4.    India POS Terminals Market Attractiveness Index

7.       India Fixed POS Terminals Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.1.2.By Volume

7.2.    India Fixed POS Terminals Market Share & Forecast, By End User

7.3.    India Fixed POS Terminals Market Share & Forecast, By Region

7.4.    Pricing Analysis

8.       India Portable POS Terminals Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.1.2.By Volume

8.2.    India Portable POS Terminals Market Share & Forecast, By End User

8.3.    India Portable POS Terminals Market Share & Forecast, By Region

8.4.    Pricing Analysis

9.       India Mobile POS Terminals Market Outlook             

9.1.    Market Size & Forecast

9.1.1.By Value  

9.1.2.By Volume              

9.2.    India mPOS Terminals Market Share & Forecast, By End User     

9.3.    India mPOS Terminals Market Share & Forecast, By Region         

9.4.    Pricing Analysis              

10.   Market Dynamics   

10.1.  Impact Analysis             

10.2.  Drivers              

10.3.  Challenges      

11.   Market Trends & Developments     

11.1.  Rise in Popularity Among Various End Users     

11.2.  High Security 

11.3.  Technological Advancements 

11.4.  Intense Competition in POS Terminals Market 

11.5.  Mobile POS Gaining Traction   

12.   Policy & Regulatory Landscape         

13.   India Economic Profile         

14.   Competitive Landscape       

14.1.  Competitive Benchmarking     

14.2.  Company Profiles         

14.2.1.    Verifone India Sales Pvt. Ltd.

14.2.2.    Ingenico International India Pvt Ltd

14.2.3.    Ezetap Mobile Solutions Pvt. Ltd

14.2.4.    MobiSwipe Technologies Private Limited

14.2.5.    MSwipe Technologies Private Limited

14.2.6.    PayU Money

14.2.7.    ePaisa

14.2.8.    Paynear

14.2.9.    Pine Labs

14.2.10.    PAX Technologies

15.   Strategic Recommendations

16.       Voice of Customer

16.1.    POS Users, By Age Group & By Gender

16.2.    POS Users, By Age Group & By Occupation

16.3.    By Age Group, Purpose of Using POS

16.4.    By Age Group & By Frequency of Debit/Credit card used on POS

16.5.    Modes of Payment for Online Shopping

16.6.    By Age Group, Important Factors Governing Usage of POS

  •  

    List of Figures

     

    Figure 1: India POS Terminals Market Size, By Value (USD Million), 2012–2022F

    Figure 2: India POS Terminals Market Size, By Volume (Million), 2012-2022F

    Figure 3: India POS Terminals Market Share, By Type, By Value, 2012–2022F

    Figure 4: India POS Terminals Market Share, By End User, By Value, 2012–2022F

    Figure 5: India POS Terminals Market Share, By Region, By Value, 2012–2022F

    Figure 6: South Region POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 7: West Region POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 8: North Region POS Market Share, By Value, 2012 & 2022F

    Figure 9: East Region POS Market Share, By Value, 2012 & 2022F

    Figure 10: India POS Terminals Market Share, By Company, By Value, 2012-2022F

    Figure 11: India POS Terminals Market Attractiveness Index, By Type, By Value, 2017E-2022F

    Figure 12: India POS Terminals Market Attractiveness Index, By End User, By Value, 2017E-2022F

    Figure 13: India POS Terminals Market Attractiveness Index, By Region, By Value, 2017E-2022F

    Figure 14: India Fixed POS Terminals Market Size, By Value (USD Million), 2012–2022F

    Figure 15: India Fixed POS Terminals Market Size, By Volume (USD Million), 2012–2022F

    Figure 16: India Fixed POS Terminals Market Share, By End User, By Value, 2012–2022F

    Figure 17: India Fixed POS Terminals Market Share, By Region, By Value, 2012–2022F

    Figure 18: South Region Fixed POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 19: West Region Fixed POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 20: North Region Fixed POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 21: East Region Fixed POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 22: India Fixed POS Terminals Average Selling Price (ASP), 2012–2022F (USD)

    Figure 23: India Portable POS Terminals Market Size, By Value (USD Million), 2012–2022F

    Figure 24: India Portable POS Terminals Market Size, By Volume (USD Million), 2012–2022F

    Figure 25: India Portable POS Terminals Market Share, By End User, By Value, 2012–2022F

    Figure 26: India Portable POS Terminals Market Share, By Region, By Value, 2012–2022F

    Figure 27: South Region Portable POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 28: West Region Portable POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 29: North Region Portable POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 30: East Region Portable POS Terminals Market Share, By Value, 2012 & 2022F

    Figure 31: India Portable POS Terminals Average Selling Price (ASP), 2012–2022F (USD)

    Figure 32: India mPOS Terminals Market Size, By Value (USD Million), 2012–2022F

    Figure 33: India mPOS Terminals Market Size, By Volume (USD Million), 2012–2022F

    Figure 34: India mPOS Terminals Market Share, By End User, By Value, 2012–2022F

    Figure 35: India mPOS Terminals Market Share, By Region, By Value, 2012–2022F

    Figure 36: South Region mPOS Terminals Market Share, By Value, 2012 & 2022F

    Figure 37: West Region mPOS Terminals Market Share, By Value, 2012 & 2022F

    Figure 38: North Region mPOS Terminals Market Share, By Value, 2012 & 2022F

    Figure 39: East Region mPOS Terminals Market Share, By Value, 2012 & 2022F

    Figure 40: India mPOS Terminals Average Selling Price (ASP), 2012–2022F (USD)

    Figure 41: India Debit Card Transactions, January 2016 - February 2017 (Million)

    Figure 42: India Population, 2010-2017E (Million)

    Figure 43: Card Usage, By Age Group 2017, (Base=150)

    Figure 44: Card Usage, By Gender 2017, (Base=150)

    Figure 45: Purpose of Using Debit/Credit Card, By Age Group, 2017, (Base=150)

    Figure 46: Frequency of Credit/Debit Card Usage in a Month, 2017 (Base=150)

    Figure 47: Frequency of Credit/Debit Card Usage in a Month, By Age Group 2017 (Base=150)

    Figure 48: Debit/Credit Card online usage, 2017, (Base=150)

    Figure 49: Preferred Mode of Payment of Users for Payment of Online Services, 2017, (Base=150)

    Figure 50: Acceptance of Credit/Debit Cards Post Demonetization, 2017, (Base=150)

     

    List of Tables

     

    Table 1: India POS Terminals Market Size, By Type, By Value, 2011–2016 (USD Million)

    Table 2: India POS Terminals Market Size, By Type, By Value, 2017E–2022F (USD Million)

    Table 3: India POS Terminals Market Size, By End User, By Value, 2011–2016 (USD Million)

    Table 4: India POS Terminals Market Size, End User, By Value, 2017E–2022F (USD Million)

    Table 5: India POS Terminals Market Size, By Region, 2011–2016 (USD Million)

    Table 6: India POS Terminals Market Size, By Region, 2017E–2022F (USD Million)

    Table 7: India Fixed POS Terminals Market Size, By End User, 2011–2016 (USD Million)

    Table 8: India Fixed POS Terminals Market Size, By End User, 2017E–2022F (USD Million)

    Table 9: India Fixed POS Terminals Market Size, By Region, 2011–2016 (USD Million)

    Table 10: India Fixed POS Terminals Market Size, By Region, 2017E–2022F (USD Million)

    Table 11: India Portable POS Terminals Market Size, By End User, 2012-2016 (USD Million)

    Table 12: India Portable POS Terminals Market Size, By End User, 2017E–2022F (USD Million)

    Table 13: India Portable POS Terminals Market Size, By Region, 2012–2016 (USD Million)

    Table 14: India Portable POS Terminals Market Size, By Region, 2017E–2022F (USD Million)

    Table 15: India mPOS Terminals Market Size, By End User, 2011–2016 (USD Million)

    Table 16: India mPOS Terminals Market Size, By End User, 2017E–2022F (USD Million)

    Table 17: India mPOS Terminals Market Size, By Region, 2012–2016 (USD Million)

    Table 18: India mPOS Terminals Market Size, By Region, 2017E–2022F (USD Million)

    Table 19: Merchant Discount Rates for SBI POS Terminals

    Table 20: Card Users, By Occupation, 2017 (Base=150)

    Table 21: Respondents Using Card Based Payment Methods, 2017, (Base=150)

    Table 22: User Experience of POS Terminals in India, 2017, (Base=150)

    Table 23: Various Applications Usage based on Payment Methods in India, 2017, (Base=150)

    Table 24: Important Factors Governing Usage of POS Terminals in India, 2017 (Base=150)