Ingenico Beats VeriFone and PAX Technology to First Position within ABI Research’s POS Terminal Competitive Assessment

image
25 Mar 2014

​Ingenico was the highest ranking POS terminal vendor within ABI Research’s POS Terminal Vendor Competitive Assessment. Ingenico continues to position itself at the forefront of POS innovation through the continued enablement of contactless, and maybe more importantly, through other added value managed and integrated services. Ingenico has addressed its product and service expansion through both in-house development and its strategic acquisitions of ROAM, Ogone, and EasyCash. VeriFone finished close behind in second place with PAX Technology ranking in third.

Accompanying the POS terminal vendor matrix are full year 2013 market share rankings for nine of the leading POS terminal vendors, based on shipments.

Both Ingenico and VeriFone continue to dominate the POS terminal market share rankings with a combined share of 78% leaving the rest to battle it out for the remainder. With both Ingenico and VeriFone further strengthening their positions, it begs the question as to how, if at all, the other leading vendors can continue to compete and close the competitive gap.

Research Analyst, Phil Sealy comments, “It is becoming evident that other players cannot simply mimic the ongoing success of Ingenico and VeriFone. Instead they have to differentiate and target more niche sectors, be more selective in their R&D and any acquisition investment. PAX Technology is one of those vendors trying to close the gap. Through organic growth and expansion, reflected within its third position ranking within the Point of Sale Terminal Competitive Assessment, PAX Technology has broadened its global appeal through a large hardware product portfolio which it has developed to meet the differing needs of various regional markets and verticals. Moving forward, adding additional value added service platforms which enable loyalty, couponing, targeting advertising and marketing will aid PAX Technology to further close the widening innovation gap quickly.”

This Competitive Assessment provides a rating of the leading POS Terminal vendors. A total of nine companies were scrutinized against 10 different criteria all under the categories of Implementation and Innovation. These findings are part of ABI Research’s Payment and Banking Cards & Contactless Technologies Research Service.

ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research 是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact ABI Research

Media Contacts

Americas: +1.516.624.2542
Europe: +44.(0).203.326.0142
Asia: +65 6950.5670

Related Service