Global Vehicle POS Machine Market Overview:
Vehicle POS machine is a terminal operating equipment intended for automotive applications in the one-card system. This Vehicle POS machine has two models of GPRS networking and WIFI networking. It can automatically detect the network status, have automatic networking when the network signal is in good condition, timely download the personnel updates, and upload the current accounts. Also, it can identify the M1 card and CPU card at the 13.56MHz band issued by the one-card system, use the main wallet in the card for consumption, use the fixed consumption, and support the identity rate control. It adopts the local white list authentication mechanism, automatically identifies the network status (offline/online adaptation), automatically uploads transactions, and updates white lists when online.
- Wide Adoption of Wireless Vehicle POS Machine Terminal
- Increase in Cashless Transactions in Different Countries
- High Cost of Vehicle POS Machine
- Reduction in Cost of Vehicle POS Machine Technology and Increase in Their Reliability
- Lack of Standardization and Consumer Awareness Regarding Vehicle POS Machine Technology
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Some of the key players profiled in the report are VeriFone Systems(United States), Data Logic (Italy), First Data(United States), Fujitsu(Japan), Honeywell(United States), Intermec(United States), Ingenico(France), NCR(United States), Partner Tech(United States) and Newland Group(United States). Additionally, following companies can also be profiled that are part of our coverage like VISIONTEK(United States), DIGITAL DINING(United States), PAX Technology(United States) and GuestLogix (Canada). Analyst at AMA Research see United States Vendors to retain maximum share of Global Vehicle POS Machine market by 2025. Considering Market by Technology, the sub-segment i.e. GPRS networking will boost the Vehicle POS Machine market. Considering Market by Component, the sub-segment i.e. Hardware will boost the Vehicle POS Machine market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Vehicle POS Machine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Vehicle POS Machine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Vehicle POS Machine Manufacturer, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.