Point of sale market generated $6.5 bln in 2004

IHL Consulting Group is reporting that prices for typical point-of-sale systems in North America have been plummeting, from about $2,200 in 2003 to $950 in 2004. The number of POS systems sold increased by 12% to almost 1.2 million units. Total market, including software, services and peripherals for point-of-sale systems, generated $6.5 bln in 2004.