A receipt printer is an integral part of a POS system used in industries such as retail and hospitality. They are used to print credit card slips and customer receipts. Apart from printing receipts, receipt printers are also used to maintain the customer database and market brands. The primary function of a receipt printer is to print and encode receipts in retail stores, hotels, and restaurant chains. Receipt printers simplify the billing process, help in maintaining an order log, and provide customers with receipts. These devices can also be used for promotional offers by printing discounts and other offers on the reverse side of receipts. This promotes customer loyalty and increases customer satisfaction.
Technavio’s analysts forecast the global receipt printers market to grow at a CAGR of 12.08% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global receipt printers market for 2017-2021. To calculate the market size, the report considers the shipments and the value of the market. The estimates do not include installations and after-sales services.
The market is divided into the following segments based on geography: • APAC • Europe • North America • ROW
Technavio’s report, Global Receipt Printers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Citizen Systems • Epson • Star Micronics
Other prominent vendors • Bixolon • BOCA Systems • Cognitive TPG • CUSTOM • M/s Pulsar Technologies (I) • NCR • Pertech Industries • POS-X • WOOSIM SYSTEMS • Xiamen Rongta Technology • ZIH
Market driver • Improving retail landscape in APAC and Africa • For a full, detailed list, view our report
Market challenge • Highly competitive market • For a full, detailed list, view our report
Market trend • Advent of NFC technology • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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