Positive. The Point of Sale (POS) Display Market expected to reach USD 28.33 billion by 2032.

From GlobeNewswire: 2024-11-25 09:00:00

The Point of Sale (POS) Display Market was valued at USD 14.08 billion in 2023 and is projected to reach USD 28.33 billion by 2032, with a CAGR of 8.11% from 2024 to 2032. The growth is driven by advanced POS displays and in-store innovations enhancing customer engagement in the digital retail era.

Retailers are increasingly investing in modern POS solutions that integrate product promotions, loyalty programs, and targeted messaging to bridge the gap between online and offline retail channels. These solutions not only display products but also foster brand-customer connections, crucial in the evolving retail landscape.

In 2023, fixed POS displays dominated the market with a 64.7% market share, offering robust capabilities ideal for large-scale retail environments. The hardware segment led the market with a 79.5% market share, emphasizing the importance of components like terminals, scanners, and displays. The retail segment accounted for a significant 61.3% market share, utilizing POS displays for operational efficiency and customer loyalty.

North America led the POS display market in 2023 with a 41.6% market share, driven by advanced retail infrastructure and high POS technology adoption. The Asia Pacific region is expected to witness the highest CAGR from 2024 to 2032, fueled by rapid urbanization and the expansion of the retail sector. Companies like Alibaba and Walmart are driving innovation in POS solutions.

Posiflex is at the forefront of changing the conventional POS system, offering cutting-edge products tailored to meet the demands of present and future businesses and customers. The evolving retail landscape necessitates innovative POS displays to enhance in-store experiences and drive customer engagement, making them indispensable for competitive advantage. Posiflex introduces new product lines with innovative designs and features, pushing point-of-sale technology to new heights. Samsung launches Visual eXperience Transformation platform for secure remote signage management. Market research report provides insights on point of sale display technology adoption, consumer engagement metrics, and product features analysis. SNS Insider offers market research and consulting services globally.



Read more at GlobeNewswire: Point of Sale (POS) Display Market Size to Reach USD 28.33