Is the smart POS machine in the market start-up period ready for future development?


The development of intelligent POS machines is in good shape, and the future development momentum is sufficient. See why this is said!

Smart POS machine is in the market startup period

Mobile payment applications and services drive the demand for hardware devices on the B-end, and smart pos machines that meet the converged payment function are more suitable.

With the continuous innovation of consumption methods, the intelligent POS machine has developed rapidly.

The advantages of intelligent POS manufacturers with more offline channel resources and the ability to gradually upgrade their service systems and data capabilities will be more obvious, driving the rapid development of the market.

The technical standards and industry supervision of the intelligent POS industry will be more standardized. If the industry giants go public or open an IPO, the manufacturers will transform into value-added service providers such as data.

The scale of consumption and market players continue to grow, laying the foundation for the market

In 2016, the number of new market players increased by 16.13 million, a year-on-year increase of 11.6 percent. There are 310 million individual private practitioners, 59.3 million individual industrial and commercial households and 4.46 million new service enterprises.

Mobile phone users and mobile payment growth

The scale of China's mobile Internet users has increased by 12.18% in 2016, and the audience of intelligent POS machines is wide. The scale of transactions in the third-party payment market continued to rise, and the mobile payment market grew at the fastest rate.

Store management data

The gradual integration of online commerce and offline business constitutes a closed-loop business ecosystem that allows upgraded merchant stores to be managed.

The intelligent POS machine further meets the multi-faceted needs of store management: member management, data analysis, and so on.

In short, the intelligent POS machine has a huge market main support and a large number of audiences. It is expected that the smart POS machine market will enter a period of rapid development in the next three years.

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