The market for conventional POS terminals is expected to become zero by 2017. The market for EMV is expected to reach 2.5 Million by 2020. The LTP report on "US POS Transformation 2015'' gives an estimation of total demand for POS terminals by 2020. The report also highlights the projections of installed base of POS terminals by technology till 2020. NFC terminals in the US are expected to reach 55% penetration by the end of 2018 while number of POS terminals is expected to reach 7.7 million by 2020. The market for Mobile POS terminals is expected to reach 2.2 million by 2020 from its current size of 1.1 million. The report gives an overview of installed base of POS terminals by sub-segments along with market share comparison of companies providing POS hardware solutions in the market.
The installed base of EMV POS, NFC POS and mobile POS is expected to increase 3 to 4 times by 2020. The report analyses total POS installed base sub-segment wise and provide future outlook of POS terminals in the US.