Retail point of sale market to be worth $34.4bn by 2026

New research suggests that the retail point of sale market will be worth $34.4bn by 2026.

That would mean that the market would grow at compound annual growth rate of 13.9% from 2020 when it was worth $15.8bn, according to MarketsandMarkets’ latest research.

Increasing acceptance in cash-free transactions, growing data visibility through cloud POS systems and enhanced service delivery were key drivers behind the market’s growth, according to the research.

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