Point-of-Sale (POS) Terminal Market: Penetration Across Small Business to Bolster Growth Opportunities
The three leading companies - Toshiba Corp. / IBM Corp., HP Co., and NCR Corp., held just over 30% of the global point-of-sale (POS) terminals market. This is indicative of a highly fragmented vendor landscape in the market and the prevalence of cut-throat competition. The companies looking to strengthen their position in the market are thus seeking strategies such as mergers and acquisitions, finds Transparency Market Research (TMR) in a new study.
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