Embracing The Growth Trend

By Luis Artiz, Group Product Manager, System Devices Group, Epson America, Inc.

Over the next five years, the point of sale system install base in North America is poised to grow at a rate of about 9% annually. Driving that growth will be mobile POS implementation at tier 3 and 4 retailers and within all hospitality segments which, when looked at as one group, is expected to grow about 15% annually. This is not surprising when you realize that in aggregate, this combined group has twice the amount of cash points as tier 1 and 2 competitors.