IMARC Group, a leading market research company, has recently released a report titled “Wireless POS Terminals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the global wireless POS terminals market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What Are The Growth Prospects Of The Wireless POS Terminals Industry?According to the report, The global wireless POS terminals market size reached US$ 8.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.8 Billion by 2027, exhibiting a growth rate (CAGR) of 11.36% during 2022-2027.
What is Wireless POS Terminals?Wireless point of sale (POS) terminals are digital devices that are integrated with hardware systems for processing card payments at retail locations. They facilitate inventory management, customer and supplier order management, integrated supplier purchasing, multi-store management, and invoicing. They also aid in recording sales figures, payroll management, and inventory control to ensure smooth business functions. Moreover, they allow the transfer of inventory between stores, which makes it easy to consult the product description and relevant transfer information.
Wireless POS terminals assist in summarizing the activities of the company, including reports on accounting, sales, contacts, prices, and purchases over a period. They help in managing several stores within the same software. They also provide more flexibility as compared to conventional wired terminals that are applicable for a limited distance. At present, wireless POS terminals find extensive applications in the retail, hospitality, full-service restaurant (FSR), quick-service restaurant (QSR), institutional FSR, healthcare, entertainment, and transportation across the globe.
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What are the growth prospects and trends in the Wireless POS Terminals industry?The significant rise in the adoption of POS terminals in different sectors represents one of the key factors positively influencing the market. In addition, the increasing need for card swipes and the emerging trend of contactless payment are catalyzing the demand for wireless POS terminals. Additionally, there is a rise in the integration of swipe machines and high-security protocols to enhance the in-store digital payment experience. This, in confluence with the growing preference for a hassle-free shopping experience, is bolstering the market growth. Moreover, there is an expansion of fully automated and cash counter-free supermarkets, hypermarkets, convenience stores, and showrooms, which is fueling the growth of the market.
Apart from this, the increasing sales of smartphones, laptops, and tablets and high-speed internet is creating a favorable market outlook. In addition, the expansion of small and medium enterprises (SMEs) and the growing number of micro-merchants and credit card users are encouraging key market players to invest in wireless POS terminals. Moreover, the easy availability of wireless POS terminals across various e-commerce websites, coupled with free doorstep delivery, is strengthening the market growth. Furthermore, the integration of advanced technologies, such as artificial intelligence (AI), into POS systems to help retailers collect and analyze massive amounts of customer data to gain valuable insights is positively influencing the market. Additionally, the increasing investments in research and development (R&D) activities by the key players to offer value-added services are expected to drive the market in the future.
What is included in market segmentation?The report has segmented the market into the following categories:
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The report covers the major market players including:
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According to the latest report by IMARC Group “Smart Transportation Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028“, The global smart transportation market size reached US$ 96.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 184.7 Billion by 2028, exhibiting a growth rate (CAGR) of 12% during 2023-2028.
Smart transportation refers to the implementation of innovative infrastructure and management techniques in existing transportation systems to improve efficiency and convenience. It encompasses a range of applications, including passenger information systems, parking management and guidance, and traffic management systems. This is achieved through the adoption of advanced technologies, the introduction of mobility services, and regulations promoting the use of sustainable fuels for public transport. In recent times, smart transportation has gained immense traction across the globe due to its ability to provide affordable, convenient, and dependable transportation options for residents.
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Market Trends:
The global smart transportation market is primarily driven by the rising use of Internet of Things (IoT) devices, 5G communication technology, and machine learning (ML). Moreover, the introduction of cloud-based technologies and improvements in vehicle-to-vehicle (V2V) and vehicle-to-grid infrastructure (V2I) is positively influencing the market growth. Additionally, the rising focus of governments of numerous countries on reducing greenhouse emissions and alleviating high levels of traffic congestion has catalyzed market growth. Furthermore, the introduction of innovative features in automobiles, such as safe design, high performance, sustainable fuels, and adherence to the latest norms, is contributing to the market growth. Other factors, including rising sales of vehicles, expanding working population, increasing disposable incomes, and improving living standards, are also anticipated to drive the market further.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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According to the latest report by IMARC Group “Wallpaper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global wallpaper market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.18% during 2023-2028.
Wallpaper refers to a decorative paper used in the walls of a room comprising applied ink, ground coat, backing, and paste-on backing for adhering to the wall. It is widely available in different sizes, shapes, patterns, textures, and colors to improve the aesthetics of the wall. It is easy to apply, durable, washable, scrubbable, peelable, and offers stain resistance properties. It provides colorfastness by resisting change and loss of color due to the exposure to light while hiding damaged, cracked, and uneven walls. It is cost-efficient, enhances wall appearance, and provides longevity. Besides this, it has antibacterial properties that prevent the development of bacteria. As a result, it is employed in homes, offices, and commercial areas across the globe.
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Market Trends:
At present, the increasing demand for stain-resistance and eco-friendly wallpapers among the masses represents one of the primary factors propelling the market growth. Apart from this, the rising trend of home renovation activities due to inflating income levels of individuals around the world is supporting the market growth. In addition, the increasing demand for non-woven wallpapers across the globe, as it has tear-resistant qualities that make installation and removal easier, is offering a positive market outlook. Additionally, the rising demand for removable wallpapers among renters to decorate the walls without damaging the original paint and leaving any residue on the surface is bolstering the growth of the market. Furthermore, the increasing demand for graphic designing and new production methods for designing wallpapers is strengthening the growth of the market.
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According to the latest report by IMARC Group “Human Capital Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global human capital management market size reached US$ 22.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.35% during 2023-2028.
Human capital management (HCM) encompasses a set of practices used to recruit, manage, develop, optimize, and enhance the value of employees within a company. It comprises a broad spectrum of core administrative and strategic practices and processes, including payroll, compliance, training, onboarding, workforce planning, compensation planning, and performance management. It also includes benefits administration, time and attendance, workflow management, reporting and analytics, employee service and self-service, and retirement services. As a result, HCM is gaining immense traction among organizations across the globe to streamline HR operations, reduce administrative tasks, and improve employee engagement and retention.
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Human Capital Management Market Trends and Drivers:
The global human capital management market is primarily driven by the rising adoption of HCM solutions by various businesses as they help minimize manual efforts required for performing time-consuming tasks in the human resource (HR) department. Moreover, there has been a rise in the use of HCM solutions due to the implementation of lockdowns in numerous countries amid the coronavirus disease (COVID-19) outbreak. In line with this, shifting consumer preferences toward online platforms for ordering essential items and adhering to social distancing measures has augmented the demand for HCM software to support remote workforces and virtual collaboration. Furthermore, the rising focus on agile workplaces that can drive staff coordination and quickly find thousands of suitable resumes and data points are contributing to market growth. Other factors, including the rapid digitization of business, the significant growth of the e-commerce sector, and the introduction of work-from-home policies, are also anticipated to create a positive market outlook.
Report Segmentation:
The report has segmented the market into the following categories:
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According to the latest report by IMARC Group “Ambulance Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global ambulance services market size reached US$ 49.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 81.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.89% during 2023-2028.
Ambulance services, also called paramedic services, are a critical component of emergency medical facilities that help transport injured or ill patients for immediate medical attention and treatment by healthcare professionals. These services are equipped with Advanced Life Support (ALS) and Basic Life Support (BLS) tools to handle patients facing medical or trauma-related emergencies. As a result, ambulance services are used by patients either directly or through hospitals and other organizations to manage patients with various medical needs across the globe.
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Market Trends:
The global ambulance services market is primarily driven by the significant expansion of the healthcare industry. Moreover, the rising number of road accidents, natural disasters, and medical emergencies that require immediate attention is contributing to the market growth. Additionally, the escalating need for ambulance services for scheduled and unscheduled non-emergency and emergency situations due to the rising geriatric population has catalyzed the market growth. Besides this, the introduction of multi-specialty ambulances, equipped with advanced equipment and tools to offer quick and high-quality patient care, is contributing to market growth. Furthermore, the shifting preferences of healthcare centers toward air ambulance services for the safe and efficient transportation of patients with infectious diseases and critical conditions is propelling market growth. Other factors, including favorable government policies promoting public health, rising medical tourism, and significant improvements in healthcare infrastructure, are also anticipated to create a positive market outlook.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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According to the latest report by IMARC Group "Spintronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global spintronics market size reached US$ 658.1 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 879.8 Million by 2027, exhibiting a growth rate (CAGR) of 5.1% during 2022-2027.
Spintronics is an emerging technology exploiting the intrinsic spin of electrons and their associated orbital moment in solid-state devices. It relies on various metal-based devices, such as tunnel magneto resistance-based (TMRS), giant magneto resistance-based (GMRS), spin-wave logic devices, and spin-transfer torque. It is applied to semiconductors, magnetic multilayers, and mass-storage devices that use the spin of electrons to carry information. It finds extensive application in electric vehicles (EVs), industrial motors, and magnetic sensing systems.
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Market Trends:
The escalating demand for hybrid and electric vehicles (EVs) across the globe represents one of the key factors strengthening the growth of the market. It can also be attributed to the assistance of spintronics in detecting the remaining battery capacity accurately and checking the charge and discharge condition to enhance the overall performance of vehicles. In addition, technological advancements and changing requirements of individuals are intensifying the competition among electronics and semiconductors industry players. Moreover, increasing investments by leading market players in research and development (R&D) activities are expected to drive the market.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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According to the latest report by IMARC Group “Tag Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global tag management system market size reached US$ 796.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,698.7 Million by 2027, exhibiting a growth rate (CAGR) of 13.4% during 2022-2027.
A tag management system (TMS) is software used by organizations to control, maintain, manage and implement tags in digital marketing. It assists in tracking, loading web pages faster, and eliminating duplicate tags. It is used for controlling the tags for webpages, applications, videos, and websites. It is also utilized for simplifying the process of maintaining and managing tagging decisions and collecting visitor buying behavior information from various digital platforms.
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Market Trends:
TMS is employed in the retail and e-commerce industries to maintain accurate tagging of products to gain deeper insights about the requirements of the user. This, along with the increasing consumer preferrences for online shopping, represents one of the major factors bolstering the market growth around the world. Moreover, the rising adoption of digital marketing solutions on account of the growing amount of time users spend on the internet, is influencing the market positively. In addition, key players are introducing advanced TMS that offers features, such as privacy control and customization, to expand their product portfolio and gain a competitive edge. Apart from this, the increasing demand for TMS in small and medium-scale enterprises (SMEs) and significant improvements in the IT infrastructure are creating a positive outlook for the market.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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According to the latest report by IMARC Group “Home Bedding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global home bedding market is expected to exhibit a CAGR of 6.3% during 2022-2027.
Home bedding comprises blankets, quilts, bed skirts, bedspreads, comforters, coverlets, duvets, fitted sheets, flat sheets, mattress covers, and pillows. It is manufactured from various fabric materials, such as cotton, linen, synthetics, and silk, and used to cover and protect mattresses. It is comfortable, soft, durable, breathable, and widely available in various patterns, sizes, colors, and textures. It provides warmth and comfort, maintains hygiene and improves sleep quality. It also offers antimicrobial, anti-fungal, anti-bacterial, and anti-odor properties to kill or slow down the spread of microorganisms and prevent allergies and chronic illness. It has the benefits of vitamin E, aloe vera, and jojoba oil, which helps enhance moisture in the skin and prevent it from drying and cracking. It also assists in maintaining body temperature by storing and releasing heat when required by the body. As it is wrinkle-free and does not require hand washing, drying, or ironing, the demand for home bedding is rising across the globe.
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Market Trends:
The increasing demand for premium and luxury bedding products among the masses due to their comfort and hygiene, along with inflating income levels of individuals, currently represents one of the key factors bolstering the growth of the market. Besides this, the growing demand for customizable mattresses and bed linens among the masses is positively influencing the market. Additionally, the rising demand for customizable home bedding solutions as the increasing number of consumers undergo sleeping disorders is propelling the growth of the market. Apart from this, the increasing demand for mattress products, such as pillows for back support and adjustable bases, is strengthening the growth of the market.
In addition, the wide availability of home bedding through online and offline distribution channels, along with the expanding e-commerce industry, is offering lucrative growth opportunities to industry investors. In line with this, key manufacturers operating in the industry are extensively investing in research and development (R&D) activities to introduce plant-based or organic bed linen for providing an eco-friendly solution to consumers around the world. Moreover, there is a rise in the trend of designer bedrooms with colored bedsheets and cushions among consumers. This, coupled with the increasing awareness among the masses about various fabrics, such as Egyptian cotton and silk, is contributing to the growth of the market. Furthermore, the growing prevalence of back problems among individuals, such as muscle or ligament strain and numbness, due to the hectic lifestyle, is offering a positive market outlook.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
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The report has segmented the market on the basis of Product Type, End-User and Region.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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According to the latest report by IMARC Group "Graphene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global graphene market size reached US$ 100 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,540 Million by 2028, exhibiting a growth rate (CAGR) of 47.8% during 2023-2028.
Graphene is the building component of graphite, which is an efficient conductor of heat. It is produced by various methods, such as plasma-enhanced chemical vapor deposition (PE-CVD), chemical vapor deposition (CVD), and liquid phase exfoliation. It is widely utilized in the electronic industry for enhancing film cooling technology in smartphones and improving touch screen quality. It is also employed to improve the functionality of batteries by increasing the electrode density and accelerating the chemical reaction.
Additionally, it finds extensive application in the automotive industry to produce lightweight car parts, efficient sensors in self-driving cars, durable coatings, and effective lithium batteries for electric vehicles (EVs). Graphene assists in manufacturing biological agents and biosensors and enhancing drug delivery, biological imaging, and gene and cancer therapy. It also aids in forming anti-corrosion coatings and weather-proof packaging as it is chemically inert and impermeable to many gases. Asa result, it is widely used in the manufacturing of various sports equipment, such as padding, footwear, tennis rackets, ski boards, and golf sticks across the globe.
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Market Trends:
The escalating demand for graphene in the electronics industry due to the rising sales of tablets and smartphones around the world represents one of the key factors driving the market. Apart from this, there is a rise in the demand for graphene to produce highly durable aircraft with low electrical conductivity and density. This, along with the growing utilization of graphene in the production of paints to reduce radar footprints, is offering a favorable market outlook. In addition, the increasing utilization of electric cars to reduce fossil fuel consumption worldwide is propelling the growth of the market.Besides this, the rising employment of graphene in the production of highly selective and permeable separation membranes for efficient waste-water management is strengthening the growth of the market.
Additionally, the growing demand for graphene to manufacture solar panels due to the rising environmental awareness among the masses is positively influencing the market. Moreover, the increasing employmentof graphene in the agricultural industry to manufacture sensors for monitoring vital crops and harmful gases is impelling the growth of the market.In line with this, the rising application of graphene to improve the lifespan of lithium-ion batteries is contributing to the market growth. Furthermore, key market players are investing in research and development (R&D) activities to introduce cost-effective manufacturing technology for graphene, which is expected to bolster the growth of the market.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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According to the latest report by IMARC Group "Filling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global filling equipment market size reached US$ 18.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.6 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.
Filling equipment refers to the machines utilized for filling solid, semi-solid, and liquid products into enclosed pouches, cans, jars and bags. Vacuum, net weight, volumetric, rotary, piston, aseptic, and spray fillers are some of the commonly used types of filling equipment. They are usually available in manual, semi-automatic and automatic variants. Compared to the traditionally used manual filling methods, they offer enhanced reliability, consistency, control, user-friendly operating system and long-term usage. As a result, filling equipment finds extensive application across various industries, such as pharmaceutical, cosmetic, chemical and food and beverage.
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Market Trends:
The global filling equipment market is primarily being driven by the increasing demand for pharmaceutical products and fast-moving consumer goods (FMCG). The equipment is widely used for rapid and accurate filling with minimal errors. Various technological advancements, such as the adoption of factory automation and robotics to standardize processes and maintain the safety of the product,are favoring the market growth. Moreover, rising consumer preference towards convenient and travel-friendly food and beverage packs is providing a thrust to the market growth.
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Market Breakup by Region:
Competitive Landscape with Key Player:
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