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Global Mobile POS Systems Market Valued at 170 Million US$ in 2018 and will reach 660 Million US$ by the end of 2025 at a CAGR of 18.2% Between 2019-2025 - Valuates Reports

06-27-2019 11:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Valuates Reports

Global Mobile POS Systems Market Valued at 170 Million US$ in 2018

In 2018, the global Mobile POS Systems market size was 170 million US$ and it is expected to reach 660 million US$ by the end of 2025, with a CAGR of 18.2% during 2019-2025.

A mobile POS (mobile point of sale) is a smartphone, tablet or dedicated wireless device that performs the functions of a cash register or electronic point of sale terminal (POSint-of-sale terminal).

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Although the market competition of Mobile POS Systems is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Mobile POS Systems and that is the reason that we believe there will also be enterprises enter this market.

But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

Along with the development of Chinese domestic Mobile POS Systems Device, Chinese domestic Mobile POS Systems has become more mature and advanced, and the performance distance has been shortened compared with the imported Mobile POS Systems Device.

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This trend has made the demand of Mobile POS Systems become larger and this trend can be anticipated to fuel the market growth during the forecast period.

Market segment by Type, the product can be split into

Card Reader
Chip-and-PIN Reader
Other

Market segment by Application, split into

Retail
Restaurant
Hospitality Industry
Other

The key players covered in this study

Square
Ingenico
iZettle
Intuit
Payleven
PayPal
Adyen
CHARGE Anywhere
VeriFone Inc
PAX
Newland

Market segment by Regions/Countries, this report covers

United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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