India POS terminal Market Synopsis
India POS terminal Market report is a part of the Asia Pacific POS Terminal Market that thoroughly covers the market by type, end-users, and by regions including Eastern, Western, Northern, and Southern. India POS Terminal market outlook report provides an unbiased and detailed analysis of the ongoing India POS terminal market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
According to 6Wresearch, India POS Terminal Market is anticipated to witness growth during 2020-2026. Rising demand for mobile POS terminals, increasing adoption of mobile wallets, favorable regulations, growing e-commerce sector and the emergence of new players, rapid urbanization as well as technological advancement are some of the key growth drivers of the POS terminal market in India. Further, the growing tourism industry will also contribute to increased demand for imported POS Terminals and would further propel the growth of the Indian POS Terminal market in the near future. However, the India POS terminal market is expected to witness a downfall during the initial months of 2020 due to the outbreak of the Covid-19 pandemic in the country. The market is expected to recover gradually over the next few years.
COVID-19 Impact on India POS Terminal Market
The outburst of the coronavirus pandemic has surged the growth of the market owing to the increasing trend regarding digital payments. The remote transaction experienced a major hike along with expanding digitization.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Base Year: 2019.
- Historical Data Starting from 2016 to 2019.
- Major Upcoming Developments and Projects.
- Forecast Data until 2026.
- Key Performance Indicators Impacting the Market.
Key players in the Market
Some of the prominent players in the India POS Terminal Market are:
- International India Pvt. Ltd
- Paynear One
- PayU Money
- Ezetap Mobile Solutions Pvt. Ltd.
- MobiSwipe Technologies Private Limited
- Pine Labs
- PAX Technologies Pvt. Ltd.
- Verifone India Sales Pvt. Ltd.
- Mswipe Technologies Private Limited
- ePaisa
Key Highlights of the Report:
- India POS Terminal Market Drivers and Restraints
- India POS Terminal Market Opportunity Assessment
- India POS Terminal Market Revenue Share, By Company
- India POS Terminal Market Share, By Types
- India POS Terminal Market Trends and Industry Life CycleIndia POS Terminal Market Forecast
- India POS Terminal Market Share, By Region
- India POS Terminal Market Overview on Competitive Benchmarking
- India POS Terminal Market Size and India POS Terminal Market Forecast Until 2026
- India POS Terminal Market Share, By End Users
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