Sarasota, FL -- (SBWIRE) -- 02/22/2018 -- Global Mobile Point-of-Sale (mPOS) Market: Overview

The global mobile point-of-sale (mPOS) market is getting noteworthy momentum, due to the rising fondness for cashless payments amongst users all over the globe. With the low TCO (total cost of ownership) and the effortlessness in employment of mPOS solutions as well as due to mobility, the global mobile point-of-sale (mPOS) market is expected to stay seeing high development in the forecast period.

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Global Mobile Point-of-Sale (mPOS) Market: Growth Factors

With constructive conditions, such as burgeoning arranged base of handsets as well as Internet consumers and rising infiltration of cards, most of the nations, specifically the U.S., the U.K., and Japan, are providing beneficial changes for the development of the global mobile point-of-sale (mPOS) market. Users all over the world prefer cashless payments, particularly mobile transactions, which is the main reason behind the noteworthy development of global mobile point-of-sale (mPOS) market. The increasing popularity of cloud-supported solutions in the sector of information technology is one more significant factor that is powering the usage of global mobile point-of-sale (mPOS) market.

Global Mobile Point-of-Sale (mPOS) Market: Segmentation

On the basis of solution type, the global mobile point-of-sale (mPOS) market is classified into dongles, integrated card reader solutions, sleeves, and others.

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Based on technology, the global mobile point-of-sale (mPOS) market is divided into EMV chip and pin, hybrid technology solutions, chip and sign, magnetic-stripe, biometrics, near field communication (NFC), and others.

On the basis of end user, the global mobile point-of-sale (mPOS) market is segmented into hospitality, restaurants, retail, healthcare, entertainment, warehouse/distribution, rental cars and intercity buses, public transport, consumer utility services, government, and others.

Global Mobile Point-of-Sale (mPOS) Market: Regional Analysis

On the geological end, the global mobile point-of-sale (mPOS) market is spread all over South America, the Middle East and Africa, North America, Europe, and Asia Pacific. The significant propagation of cloud computing has inclined the global mobile point-of-sale (mPOS) market in Europe significantly over the past handful years. Even in the forecast period, the global mobile point-of-sale (mPOS) market in Europe is likely to uphold its lead over the complete market, owing to increasing aim of mPOS solution merchants on vendor-associated services and the rising drift of IoT(internet of things) in this area. Besides this, the increasing uptake of mPOS systems in banks of Europe, in an attempt to provide a lesser charge on payments to users, is also anticipated to help the global mobile point-of-sale (mPOS) market in Europe in the forecast period.

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While the attendance of established companies in a huge number is driving the global mobile point-of-sale (mPOS) market in North America, the global mobile point-of-sale (mPOS) market for Asia Pacific is anticipated to gain significantly from the intensification of the economic situations of different Asian nations such as India, China, Japan, and Indonesia over the forecast period.

Global Mobile Point-of-Sale (mPOS) Market: Competitive Players

Major players in the global mobile point-of-sale (mPOS) market are Recruit Holdings Co. Ltd., Intuit Inc., Square Inc., Oracle Corp., First Data Corp., Hewlett-Packard Development Co. L.P., iZettle AB, PAX Technology Ltd., Bixolon Co. Ltd., PayPal Holdings Inc., VeriFone Systems Inc., Posiflex Technology Inc., Dspread Technology Inc., Ingenico S.A., Citizen Systems Europe GmbH, and Zebra Technologies Corp.

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Global Mobile Point-of-Sale (mPOS) Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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