By
Awaiting product image

$0.00

Global Mobile Point of Sale Market

Category:

Report Preview

Mobile point of sale refers to a wireless device such as smartphone or tablet which has been equipped with the technology to perform the operations of a cash register. These devices allow users to accept payments virtually with the help of a card reader and a downloaded payment application. Businesses also deploy additional POS hardware including cash drawer and barcode scanner to enhance the efficiency of these devices.

Global mobile point of sale (POS) market- overview

The global mobile point of sale (POS) market was valued at USD 17 billion in 2021 and is anticipated to register a CAGR of 33.5% over 2022-2030, thereby accumulating an annual valuation of USD 446.3 billion by end of the forecast period. Widespread technical innovations in the field of payment technologies is primarily aiding the industry expansion.

 

Attribute Key Insights
Estimated Market Value (2021) 17 USD Billion
Forecasted Market Value (2032) 443 USD Billion
CAGR % 2023-2028 33.5%`
Leading Region North America

 

Furthermore, increasing internet penetration, the growing adoption of smart devices, and rapid digital evolution across the globe are positively swaying the market dynamics. Alongside, the ability of mPOS devices to dispatch digitized notes while sending and receiving invoices is creating an upward trend for the marketplace.

Also, surging adoption of android POS and cloud based devices along with the rising proliferation of EMV cards across various end use sectors are adding momentum to the progression of this marketplace. Moreover, emergence of the COVID-19 payment popularized the trend of contactless payments. This in turn stimulated the overall industry dynamics. On the flipside, rising concerns regarding user data security is hampering the remuneration scope of this business sphere.

Global mobile point of sale (POS) market- Key trends

Booming e-commerce sector is reckoned to fuel the market expansion

With prompt digital evaluation, there has been a rising inclination of customers towards online shopping channels. This has resulted in the widespread adoption of efficient mPOS devices among prominent vendors to empower consumers with seamless shopping experience with the help of easy transaction methods.

Technological advancements in the field to augment the industry outlook

There has been a widespread integration of various advanced technologies in the field of virtual payments. Various vendors have started deploying cloud-based payment modes to provide their users with benefits such as high speed, infrastructure security, scalability, and real time service. These factors in turn are adding traction to the market development.

Global mobile point of sale (POS) market- Segmental analysis

By Component

  • Hardware
  • Software
  • Services

The software segment is slated to amass significant gains over 2022-2030 due to the cost effectiveness of mPOS software.

 

By Solution Type

  • Integrated Card Reader Solutions
  • Card Reader Accessories

o Dongles

o Sleeves

The card reader accessories segment is anticipated to capture a high revenue share over the analysis timeline. This is credited to the affordability of these accessories which in turn is increasing their adoption across SMEs.

 

By Technology

  • Hybrid Technology Solutions
  • EMV Chip and Pin
  • Magnetic- Stripe
  • Chip and Sign
  • Near Field Communication (NFC)
  • Biometrics

 

By Connectivity

  • 3G/4G/5G
  • Wi-Fi
  • Bluetooth
  • Others

The 3G/4G/5G segment is projected to generate considerable revenue share over the stipulated timeline owing to the escalating demand for efficient and fast internet connectivity in the field of payment technology.

 

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

 

By End-Use

  • Restaurants
  • Hospitality
  • Health Care
  • Retail
  • Warehouse or Distribution
  • Entertainment
  • Transportation

o Public Transport

o Rental Cars and Intercity Buses

  • Government
  • Consumer Utility Services

The retail segment is predicted to grow considerably over the projected time period ascribing to a steep rise in the purchasing power of individuals across the globe.

Global mobile point of sale (POS) market- Geographical landscape

North America, Middle East & Africa, Europe, Latin America, and Asia Pacific are the major regions characterizing the landscape of this business sphere. Among these, Asia Pacific is projected to dominate the overall market in terms of revenue share. This is attributable to the flourishing e-commerce industry in the region coupled with prompt digital evolution.

Global mobile point of sale (POS) market- Competitive hierarchy

The prominent players defining the competitive terrain of this business sphere are Citizen Systems Europe GmbH, Dspread Technology, Inc., First Data Corporation, Hewlett-Packard Development Company L.P., Ingenico S.A., Intuit, Inc., Zettle, Oracle Corporation (MICROS System, Inc.), Pax Technology Ltd., PayPal Holdings, Inc., Posiflex Technology, Inc., Recruit Holdings Co., Ltd., Square, Inc., VeriFone Systems, Inc., Zebra Technologies Corp, Shenzhen Xinguodu Technology Co., Ltd., Diebold Nixdorf, Fujian Newland Payment Technology Co., Ltd., BBPOS Ltd., and Bixolon Co., Ltd.

Notably, in November 2019, Visa, Inc., inked a collaboration deal with Clip Company to enhance the sales of its mPOS system range in Mexico.

 

Report scope

  • Global mobile point of sale (POS) market- Historical Years- 2018-2021
  • Global mobile point of sale (POS) market- Forecast Years- 2022-2030
  • Global mobile point of sale (POS) market 2021- USD 17 billion
  • Global mobile point of sale (POS) projected market 2030- USD 446.3 billion
  • Global mobile point of sale (POS) market CAGR- 33.5%
  • Key segments reported- Component, solution type, technology, connectivity, enterprise size, and end-use

 

Major regions and countries covered

  • North America- U.S. and Canada
  • Europe (U.K., France, Italy, Spain, and Russia)
  • Latin America (Mexico and Brazil)
  • Asia Pacific (China, India, Japan, Australia, and South Korea)
  • Middle East & Africa (GCC, South Africa, and Egypt)

 

Major players profiled-  Citizen Systems Europe GmbH, Dspread Technology, Inc., First Data Corporation, Hewlett-Packard Development Company L.P., Ingenico S.A., Intuit, Inc., Zettle, Oracle Corporation (MICROS System, Inc.), Pax Technology Ltd., PayPal Holdings, Inc., Posiflex Technology, Inc., Recruit Holdings Co., Ltd., Square, Inc., VeriFone Systems, Inc., Zebra Technologies Corp, Shenzhen Xinguodu Technology Co., Ltd., Diebold Nixdorf, Fujian Newland Payment Technology Co., Ltd., BBPOS Ltd., and Bixolon Co., Ltd.

ToC

  1. Global Mobile Point of Sales Market Introduction and Market Overview
    • Objectives of the Study
    • Global Mobile Point of Sales Market Scope and Market Estimation
      • Global Mobile Point of Sales Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2019-2032)
      • Global Mobile Point of Sales Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2032
    • Market Segmentation
      • Component of Global Mobile Point of Sales Market
      • Solution Type of Global Mobile Point of Sales Market
      • Technology of Global Mobile Point of Sales Market
      • Connectivity Size of Global Mobile Point of Sales Market
      • End Use Size of Global Mobile Point of Sales Market
      • Region of Global Mobile Point of Sales Market
  1. Executive Summary
  2. Market Factor Analysis
    • Global Mobile Point of Sales Market Industry Trends under COVID-19 Outbreak
      • Global COVID-19 Status Overview
      • Influence of COVID-19 Outbreak on Global Mobile Point of Sales Market Industry Development
    • Market Dynamics, By Region
      • Drivers
      • Limitations
      • Opportunities
      • Impact Analysis of Drivers and Restraints
    • Global Mobile Point of Sales Market – Pricing Trends Analysis & Average Selling Prices (ASPs)
    • End-User / Customer Preferences & Consumer Surveys
    • Technology Roadmap & Key Innovations /Developments
    • Key Mandates & Regulatory Scenario Analysis
    • Patents Landscape
    • Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
    • Porter’s Five Forces Analysis
      • Bargaining Power of Suppliers
      • Bargaining Power of Buyers
      • Threat of Substitutes
      • Threat of New Entrants
      • Competitive Rivalry
    • PEST Analysis
      • Political Factors
      • Economic Factors
      • Social Factors
      • Technological Factors
    • SWOT Analysis
    • ANSOFF Matrix
      • Market Penetration Strategy
      • Product Development Strategy
      • Market Development Strategy
      • Diversification Strategy
    • Market Investment Feasibility Analysis
    • Opportunity Map Analysis
    • Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
  3. Global Mobile Point of Sales Market Estimates & Historical Trend Analysis (2019 – 2022)
  4. Global Mobile Point of Sales Market Estimates & Forecast Trend Analysis, by Component
    • Global Mobile Point of Sales Market Revenue (US$ Mn) Estimates and Forecasts, by Component, 2019 to 2032
      • Hardware
      • Software
      • Services
  1. Global Mobile Point of Sales Market Estimates & Forecast Trend Analysis, by Solution Type
    • Global Mobile Point of Sales Market Revenue (US$ Mn) Estimates and Forecasts, by Solution Type, 2019 to 2032
      • Integrated Card Reader Solutions
      • Card Reader Accessories
        • Dongles
        • Sleeves
  1. Global Mobile Point of Sales Market Estimates & Forecast Trend Analysis, by Connectivity
    • Global Mobile Point of Sales Market Revenue (US$ Mn) Estimates and Forecasts, by Connectivity, 2019 to 2032
      • 3G/4G/5G
      • Wi-Fi
      • Bluetooth
      • Others
  1. Global Mobile Point of Sales Market Estimates & Forecast Trend Analysis, by Technology
    • Global Mobile Point of Sales Market Revenue (US$ Mn) Estimates and Forecasts, by Technology, 2019 to 2032
      • Hybrid Technology Solutions
      • EMV Chip and Pin
      • Magnetic- Stripe
      • Chip and Sign
      • Near Field Communication (NFC)
      • Biometrics
  1. Global Mobile Point of Sales Market Estimates & Forecast Trend Analysis, by End Use
    • Global Mobile Point of Sales Market Revenue (US$ Mn) Estimates and Forecasts, by End Use, 2019 to 2032
      • Restaurants
      • Hospitality
      • Health Care
      • Retail
      • Warehouse or Distribution
      • Entertainment
      • Transportation
        • Public Transport
        • Rental Cars and Intercity Buses
      • Government
      • Consumer Utility Services
  1. Global Mobile Point of Sales Market Estimates & Forecast Trend Analysis, by Region
    • Global Mobile Point of Sales Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2032
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. North America Mobile Point of Sales Market: Estimates & Forecast Trend Analysis
    • North America Mobile Point of Sales Market Assessments & Key Findings
      • Mobile Point of Sales Market Introduction
      • Mobile Point of Sales Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Component
        • By Solution Type
        • By Technology
        • By Connecitivity
        • By Country
          • The U.S.
          • Canada
          • Mexico
  1. Europe Mobile Point of Sales Market: Estimates & Forecast Trend Analysis
    • Europe Mobile Point of Sales Market Assessments & Key Findings
      • Mobile Point of Sales Market Introduction
      • Mobile Point of Sales Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Component
        • By Solution Type
        • By Technology
        • By Connecitivity
        • By Country
          • Germany
          • K.
          • France
          • Italy
          • Spain
          • Russia
          • Rest of Europe
  1. Asia Pacific Mobile Point of Sales Market: Estimates & Forecast Trend Analysis
    • Asia Pacific Market Assessments & Key Findings
      • Mobile Point of Sales Market Introduction
      • Mobile Point of Sales Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Component
        • By Solution Type
        • By Technology
        • By Connecitivity
        • By Country
          • China
          • Japan
          • India
          • Australia
          • South Korea
          • ASEAN
          • Rest of Asia Pacific
  1. Middle East & Africa Mobile Point of Sales Market: Estimates & Forecast Trend Analysis
    • Middle East & Africa Market Assessments & Key Findings
      • Mobile Point of Sales Market Introduction
      • Mobile Point of Sales Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Component
        • By Solution Type
        • By Technology
        • By Connecitivity
        • By Country
          • A.E.
          • Saudi Arabia
          • Egypt
          • South Africa
          • Rest of Middle East & Africa
  1. South America Mobile Point of Sales Market: Estimates & Forecast Trend Analysis
    • South America Market Assessments & Key Findings
      • Mobile Point of Sales Market Introduction
      • Mobile Point of Sales Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
        • By Component
        • By Solution Type
        • By Technology
        • By Connecitivity
        • By Country
          • Brazil
          • Argentina
          • Colombia
          • Rest of South America
  1. Competition Landscape
    • Mobile Point of Sales Market Competition Index, By Leading Players
    • Mobile Point of Sales Market Competition White Space Analysis, By Application / End-user
    • Mobile Point of Sales Market Competition Heat Map Analysis, By Products / Services / Solutions
    • Mobile Point of Sales Market Competition Regional Intensity Map Analysis, By Geographies Served
    • Mobile Point of Sales Market Concentration & Company Market Shares (%) Analysis, 2022
    • Mobile Point of Sales Market Competition Quadrant Analysis, By Leading Players / Innovators / Emerging Players / New Entrants
  2. Company Profiles
    • Citizen Systems Europe GmbH
      • Company Overview & Key Stats
      • Financial Performance & KPIs
      • Product / Service / Solutions Portfolio & Applications / End-uses
      • Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

  • Dspread Technology, Inc.,
  • First Data Corporation,
  • Hewlett-Packard Development Company L.P.,
  • Ingenico S.A.,
  • Intuit, Inc.,
  • Zettle,
  • Oracle Corporation (MICROS System, Inc.),
  • Pax Technology Ltd.,
  • PayPal Holdings, Inc.,
  • Posiflex Technology, Inc.,
  • Recruit Holdings Co., Ltd.,
  • Square, Inc.,
  • VeriFone Systems, Inc.,
  • Zebra Technologies Corp,
  • Shenzhen Xinguodu Technology Co., Ltd.,
  • Diebold Nixdorf,
  • Fujian Newland Payment Technology Co., Ltd.,
  • BBPOS Ltd.,
  • Bixolon Co., Ltd.
  • Others
  1. Research Methodology
    • External Sources / Databases
    • Internal Proprietary Database
    • Primary Research
    • Secondary Research
    • Assumptions
    • Limitations
    • Report FAQs
  2. Research Findings & Conclusion

Quick Contact

+13217109863

info@markettreeresearch.com

Related products

  • Global Connected Mining Market

    Connecting mining is a multi-esteem solution for successfully oversee industrial mining activities. The motivation behind associated mining is to connect end to end tasks of mining. This assists with deciding

  • Global e-KYC Market

    Electronic Know Your Customer, also known as e-KYC is the electronic process that is used by various industries and organization, such as, offices, banks, telecom companies, and others. Here, in this process,

  • Global B2B Legal Services Market

    Global B2B Legal Services Market by Service Type (Civil or Criminal, Mergers and Acquisitions, Business Transactions and Others), Practice (Litigation, Corporate, Labor, Real Estate, Patent Lit

  • Global IoT Identity Access Management Market

    IoT identity access management is referred to as an IT security solution to assess the identities of IoT tools deployed across organizations. It ensures that the employees inside a firm get hold of the