TechNavio’s analysts forecast that the Global Server Hardware Market will reach $ 57.8 billion in 2014. One of the key factors contributing to this market growth is an increase in adoption of e-business model and IT applications by SMEs. The Server Hardware market has also been witnessing virtualization of servers. However the expensive nature of servers could be a challenge to the growth of this market.
Key vendors dominating this market space include HP, IBM, Dell and Oracle.
TechNavio’s Global Server Hardware Market 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on Americas, EMEA and APAC regions and covers the market outlook and vendors operating in the Global Server Hardware market.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Report HighlightsEmerging acceptance of NFC technology is Encouraging Growth of POS Software
Research conducted by Technavio reveals, that the POS software market is expected to grow at a CAGR of 6.4 percent. The report, which focuses on the global market indicates, that the market is currently driven by the emerging acceptance of NFC technology as well as contactless payments.
“NFC (Near Field Communications) is paving the way for mobile phones transforming into electronic wallets. Companies are therefore encouraging mobile payments and NFC technology. This has pushed POS system to migrate towards mobile acceptance, hence demanding POS software that is flexible and incorporates new requirements,” reports Technavio analyst.
In spite of the need, the high cost and complexity associated with up-gradation of POS software hinders the growth of this market. However, the up-gradation of the point of sale systems by the retailers is expected to drive the market.
The POS software market is marked by multi-channel shopping leading to changes in the design and architecture of the POS software .This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global POS Software Market 2010-2014 is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include Epicor, Micro, Oracle, SAP and JDA Software.
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