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Global POS Receipt Printers Market - Analysis, Technologies & Forecasts to 2020 - Key Vendors are Epson, HP & Star Micronics - Research and Markets

[October 25, 2016]

Global POS Receipt Printers Market - Analysis, Technologies & Forecasts to 2020 - Key Vendors are Epson, HP & Star Micronics - Research and Markets

Research and Markets has announced the addition of the "Global POS Receipt Printers Market 2016-2020" report to their offering.

A POS receipt printer is primarily used to print and encode receipts at retail stores and hotel and restaurants chains. There are two main types of POS receipt printers in the market - impact and thermal. The revenue of the global POS receipt printer market is expected to grow at a CAGR of 8.64% during 2015-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, POS receipts as a marketing tool will be a key driver for market growth. The retail and hospitality sectors focus on offering a personalized and interactive experience for consumers. The installation of advanced POS systems with printers allows merchants to focus on a range of customer-oriented campaigns, such as offering discount vouchers along with printed bills, to grow and expand the customer base.

Moreover, the terminals also enable loyalty programs for customers, leading to cross-selling and up-selling of products along with printed details. This expands the customer base and increases customer retention. In addition, end users such as retailers and fast food chains can attract customers and analyze buying behavior by storing the data and information using terminals.

Key vendors: