Point-of-Sale (POS) Printers Market - Global Industry Analysis Trends and Forecast 2016 – 2024

Point-of-Sale (POS) Printers Market: Overview

Point-of-Sale (POS) printers are specifically used to generate the transcript of the transactions such as sales receipt & tickets. These printers have emerged as an effective, accurate and efficient printing solution in the recent years. POS printers have played a significant role by reducing the printing time and generating quality receipts as compared to the conventional receipt printers. Elevation of retail & hospitality market has augmented the need for better service delivery model and customer service, which has helped drive the demand for such friendly solutions.

Point-of-Sale (POS) Printers Market: Segmentation by Type

POS printers market is segmented on the basis of printing technology, types and end-use industry. On the basis of printing technology, these are further segmented as dot-matrix printers, thermal printers, laser printers and ink-jet printers.

Dot matrix printers have tiny pins mounted on its head with an ink ribbon to produce series of dots on the paper. These printers are the least expensive and involve minimal operating cost. Thermal printers are most commonly used and effective printers in terms of quality of printing, speed and functioning with respect to dot matrix printers. These printers work on the basis of heat generated between the thermal head and thermal-sensitive paper used.

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Thermal printers are effective POS solutions in providing multi-colored and double-sided printing. Ink-jet printers are effectively used in printing high-quality color logos and coupons receipts and require ink cartridges. These printers shoot tiny ink droplets on paper for generating print. Currently, POS printers are available with market-specific demands and provide many variants.

On the basis of printer types, POS printers market is segmented as receipt printers, mobile receipt printers, multifunction printers, and kiosk receipt printers. Receipt printers are ideal solutions for printing bills, tickets and other general purpose receipts.

Mobile receipt printers provide printing mobility. These printers have integrated advanced connectivity services such as Wi-Fi, Bluetooth and USB connectivity for convenient printing on the go. Further, these printers provide connectivity through Android and IOS software platforms. Multifunction printers as the name suggest are needed for generating multiple receipts at demand driven locations such as validation printing at airports and cheque processing at banks. These printers are significantly used in places such as retail stores, financial organizations and airports. Kiosk receipt printers are commonly deployed in self-check-out kiosks/desks. These printers help in delivering better, automated and efficient consumer experience.

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