Study: POS technology alive and well; North American shipments up 5%

Franklin, Tenn. – The boring old POS terminal may not be so boring after all. According to new research from IHL Group, North American POS shipments grew by 5.2% year-over-year in 2014, a time when many were calling for a reduction in shipments due to mobile.



Worldwide POS terminal shipments also increased just about 5%. And perhaps the biggest surprise was the resurgence of the Europe/Middle East/Africa POS market, which experienced 4.9% growth. Unexpected softness was observed in the previously booming Latin/South America POS terminal market.