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Box Office Booster: Exploring the Cinema Point of Sale (POS) Solution Market The cinema point of sale (POS) solution market is estimated to be worth $830.3 million by 2022 and is expected to grow to $2,388.8 million by the end of 2033. By estimation, the cinema point of sale (POS) solutions market will be worth $901.7 million in 2023 and will grow at a CAGR of 10.2% from 2023 to 2033. Growth trends in POS that benefit the market in the long run Mobile POS or mPOS refers to a device that can be connected to a tablet or smartphone to allow users to accept mobile contactless or card payments. The factors driving the mPOS industry are the evolution in the field of digital payment systems and the versatility of mPOS applications due to the flexibility that mPOS offers can be used anytime. With the EMV migration and the rise of contactless payments, mPOS is seen as an affordable way for businesses to adopt a contactless POS infrastructure. This creates significant opportunities for POS solution providers to focus more on mPOS solutions. The thriving Internet of Things presents lucrative opportunities for market players to develop and leverage innovative products that integrate with advanced and modern movie POS solutions using the IoT. The market is also expected to gain opportunities by gaining user focus on cloud-based POS solutions due to real-time analytics. The deployment of motion-sensing digital signage is also expected to bode well for the market in the coming years. Revenue generation from professional services is growing at a rapid pace The global cinema POS solution market is dominated by solution/service-based POS software solutions, but professional services are expected to face fierce competition in terms of revenue generation. In 2017, POS software solutions accounted for 45.0% share of the global cinema POS solutions market and is expected to grow at a significant rate during the forecast period. The increase in demand for POS software solutions can be attributed to the increase in the number of cinemas and multiplex chains. This has increased the need for centralized databases, spurring the deployment of POS software solutions. Other services in this area include support services. Based on deployment, the global cinema for sale solutions market has branched into cloud-based and on-premise. by region For More info- https://www.persistencemarketresearch.com/market-research/cinema-point-of-sale-solutions-market.asp

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