Press release
Mobile POS Terminals Market By Forecast and Trends Key Players - Oracle, PAX Global Technology, Square Inc., SZZT Electronics, Zebra Technologies, Apple, HP, Motorola/Lenovo, Samsung, AccuPOS, Agilysys, CITIXSYS AMERICAS, eMobilePOS, Epos Now, PayPal Here
Global Market Insights
The mPOS market is characterized by the compliance of these systems with industry standards such as EMV2 and PCI, making them highly secure. Additionally, a high degree of security allows these systems to perform well with high transaction success rates. The implementation of technologies is increasing the capabilities of these devices to perform fraud detection in case of any anomalies in the system.
For instance, the geo-tagging facility allows the devices to track the place and the time of the transaction. mPOS Market size is projected to surpass USD 55 billion by 2024. Lower installation costs as compared to the traditional POS systems will propel the mobile POS market growth.
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Top Key Players: -
Key players in the mobile POS market include Fujian Newland Payment Technology Co., Ltd., NCR Corporation, Posiflex Technology, Diebold Nixdorf, Ingenico Mobile Solutions, BBPOS, Bitel Co., Ltd., Diebold Nixdorf, First Data, Oracle, PAX Global Technology, Square Inc., SZZT Electronics, Zebra Technologies, Apple, HP, Motorola/Lenovo, Samsung, AccuPOS, Agilysys, CITIXSYS AMERICAS, eMobilePOS, Epos Now and PayPal Here.
Market share calculation in this report is not done based on companies covered in it. The calculation of mobile POS market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
Europe mPOS market will experience a significant growth due to the increasing adoption of these systems in the BFSI sector. The banks in the region are adopting these systems to offer customers lesser transaction fees.
For instance, in June 2016, Spire Payments has partnered with a leading European bank to implement SPm2 devices in the branches of the bank. The solution will allow roaming services to serve bank customers from anywhere within the branch.
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Partial Chapter of the Table of Content
Chapter 4. mPOS Terminal Market, By Solution (Revenue, Shipment)
4.1. Key trends by solution
4.2. Hardware
4.2.1. Market estimates and forecast, 2013-2024
4.2.2. Market estimates and forecast, by region, 2013-2024
4.2.3. Handheld terminal
4.2.3.1. Market estimates and forecast, 2013-2024
4.2.3.2. Market estimates and forecast, by region, 2013-2024
4.2.4. Tablet
4.2.4.1. Market estimates and forecast, 2013-2024
4.2.4.2. Market estimates and forecast, by region, 2013-2024
4.3. Software
4.3.1. Market estimates and forecast, 2013-2024
4.3.2. Market estimates and forecast, by region, 2013-2024
Chapter 5. mPOS Terminal Market, By Deployment (Revenue)
5.1. Key trends by deployment
5.2. On-premise
5.2.1. Market estimates and forecast, 2013-2024
5.2.2. Market estimates and forecast, by region, 2013-2024
5.3. Cloud-based
5.3.1. Market estimates and forecast, 2013-2024
5.3.2. Market estimates and forecast, by region, 2013-2024
Browse key industry insights spread across 370 pages with 439 market data tables & 48 figures & charts from this 2018 report, (mPOS) Mobile POS Terminals Market detail along with the table of contents:
https://www.gminsights.com/industry-analysis/mobile-point-of-sale-mpos-terminals-market
The key trend of the growing adoption of cloud-based solutions is expected to impact the mobile POS market positively. Cloud solutions allow the merchants to store and access the product and customer data across multiple platforms. Increasing penetration of internet and smartphones is allowing an increased number of vendors to integrate the systems with cloud-based solutions.
The mobile POS market in the retail sector is expected to witness an upward growth due to the significant expansion of the e-commerce sector. The retailers are implementing these devices to enhance the shopping experience for the customers. Features, such as geolocation, allow the sellers to send sale or discount alerts, coupons, and codes to the customers. These solutions also help the retailers to build customer profiles that store and analyze the purchases and preferences of customers.
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