Global Mobile Point-of-Sale (MPOS) Market Is Expected to Grow at a CAGR of Around 38% from 2017 to 2025
Portland, OR -- (SBWire) -- 09/19/2017 --Global Mobile Point-of-Sale (mPOS) Market is expected to grow at a CAGR of around 38% from 2017 to 2025. An mPOS performs a role of an electronic point-of-sale terminal, or a cash register, in wireless devices such as tablets and smartphones. mPOS operations allow sales and service industries to execute timely financial transactions and improve the customer experience. mPOS also offers an extensive scope of autonomy in the movement of merchandise and the level of customer satisfaction is greater than that for conventional payment methods.
Based on solution, the Mobile Point-of-Sale (mPOS) Market is divided into integrated card reader solutions and card reader accessories. Based on technology, the mPOS market is sub-divided into EMV chip and pin, hybrid technology solutions, chip and sign, biometrics, near field communication, and magnetic-stripe. According to the end-user industry, the market is categorized into retail, healthcare, hospitality, entertainment, transportation, government, consumer utility services, and others.Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Market Dynamics:
Drivers:
- Increasing need for cashless transactions
- Government support for cashless transaction in emerging countries
Restraints:
- Security concerns
Market Players:
The top players in the global mobile point-of-sale (mPOS) market include Oracle Corporation (MICROS Systems, Inc.), Ingenico S.A., Hewlett-Packard Development Company, PAX Technology Ltd., VeriFone Systems Inc., Intuit, Inc., First Data Corporation, iZettle AB, Dspread Technology, Inc. PayPal Holdings, Inc., and Square, Inc.
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MARKET LANDSCAPE
By Solution
- Security and Investigation Integrated Card Reader Solutions
- Card Reader Accessories
By Technology
- EMV Chip and Pin
- Hybrid Technology Solutions
- Magnetic-stripe
- Near Field Communication (NFC)
- Biometrics
- Chip and Sign
By End-User
- Hospitality
- Entertainment
- Transportation
- Government
- Retail
- Healthcare
- Consumer utility services
- Others
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Table Of Contents:
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
4. Global mobile point-of-sale (mPOS) market by solution
4.1. Security and investigation integrated card reader solutions
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Card reader accessories
5. Global mobile point-of-sale (mPOS) market by technology
5.1. EMV chip and pin
5.1.1. Historical market size by region, 2014-2016
5.1.2. Market forecast by region, 2017-2025
5.2. Hybrid technology solutions
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