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Point of Sale (POS) Receipt Printer Market Trends

Report ID: GMI8664
Published Date: Mar 2024
Report Format: PDF

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Point of Sale Receipt Printer Market Trends

Innovations such as cloud-based POS systems, mobile POS solutions, and integration with IoT devices are driving the POS receipt printer market. These technologies offer flexibility, mobility, and real-time data access, appealing to businesses of all sizes. In addition, businesses seek efficient and accurate transaction processing. Modern receipt printers offer features like high-speed printing, QR code printing, and automatic paper cutting, enhancing operational efficiency which in turn drives market demand.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The point-of-sale receipt printer industry was valued at around USD 4.4 Billion in 2023 and is estimated to register a CAGR of 5.3% between 2024 & 2032, driven by the expansion of the retail industry, including supermarkets, hypermarkets, convenience stores, and specialty stores.

Mobile POS receipt printers segment accounted for a revenue of around USD 2.6 Billion in 2023 and is expected to reach USD 4.2 billion by 2032, as they enable omnichannel retailing strategies, allowing businesses to seamlessly integrate online and offline sales channels.

Asia Pacific point-of-sale receipt printer industry held a revenue share of around 29% in 2023 and is expected to reach around USD 2 Billion by 2032, driven by urbanization across the region, rising disposable incomes, and changing consumer preferences.

BIXOLON Co., Ltd., Brother Industries, Ltd., Canon Inc., Citizen Systems Japan Co., Ltd, Elo Touch Solutions, Inc., Fujitsu Limited, HP Inc. (Hewlett-Packard Company), International Business Machines Corporation, NCR Corporation, Posiflex Technology, Inc., Seiko Epson Corporation are some of the major industry contenders.