Shipments of POS systems to China are growing 20% annually.
China this year will become the largest importer of point-of-sale terminals, according to IHL Consulting Group. The research firm, which specializes in the retail industry, says shipments of POS systems to China are growing almost 20% a year.
Germany, which constitutes the largest POS market in Europe, had been the largest buyer until now. That market has just about saturated, though, according to IHL.
Japan is Asia's largest market for POS systems, but, like Germany, it's near saturation, according to IHL.
Less than 2% of China's retailers use POS systems. The consulting firm has published a report that describes the market as "extremely strong." At the same time, Chinese (and Asian retailers in general) are mostly buying low-end PC-based POS terminals and PC-on-cash-drawer setups. Microsoft operating systems dominate the Asian POS market.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?