openPR Logo
Press release

What’s driving the mPOS market Trends? | Key players are Fujian Newland Payment Technology Co., Ltd., NCR Corporation, Posiflex Technology, Diebold Nixdorf, and Ingenico Mobile Solutions

07-10-2019 09:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

mPOS market

mPOS market

mPOS market 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. The traditional systems require a telephone connection or a SIM card in addition to the card swiping machine. On the contrary, the mobile systems are available at a fraction of the costs as compared to the traditional systems or affordable rental prices.

Request for Sample Copy of this Report @ www.gminsights.com/request-sample/detail/464

3. mPOS Terminal Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. POS terminal industry landscape, 2013 – 2024
3.2.1.1. Payment industry landscape
3.2.1.2. POS terminal market size and forecast, 2013 – 2024
3.2.1.2.1. North America
3.2.1.2.2. Europe
3.2.1.2.3. Asia Pacific
3.2.1.2.4. Latin America
3.2.1.2.5. MEA
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. System integrators
3.3.4. Service providers
3.3.5. Distribution channel analysis
3.3.6. End-user / Acquirer landscape
3.3.7. Vendor matrix
3.4. Technology landscape
3.4.1. Technology roadmap
3.4.2. Android and iOS mPOS
3.4.3. Biometric recognition technology
3.4.4. IoT technology
3.4.5. Mobile wallet technology
3.4.6. NFC technology
3.4.7. Smart card / EMV chip card capabilitie

Key Companies in Global mPOS market: -
• mPOS vendor profile
• Bitel Co., Ltd. Avaya
• Diebold Nixdorf
• First Data
• Fujian Newland Payment Technology Co., Ltd.
• NCR Corporation

Hardware mPOS market is expected to gain momentum over the forecast timespan due to the increasing penetration of smart handheld devices such as smartphones. The handheld terminals are witnessing a large-scale adoption due to low costs and the easy setup of these systems. Also, these systems do not require a high degree of technical expertise for their operation. The retailers are buying multiple devices for their delivery personnel or installing multiple devices on their billing counters to enhance the customer experience.

Make an inquiry before buying report @ www.gminsights.com/inquiry-before-buying/464

Hardware mPOS market is expected to gain momentum over the forecast timespan due to the increasing penetration of smart handheld devices such as smartphones. The handheld terminals are witnessing a large-scale adoption due to low costs and the easy setup of these systems. Also, these systems do not require a high degree of technical expertise for their operation. The retailers are buying multiple devices for their delivery personnel or installing multiple devices on their billing counters to enhance the customer experience.

The mPOS 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.

Browse Complete Report @ www.gminsights.com/industry-analysis/mobile-point-of-sale...

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.

Key players in the mPOS market include Fujian Newland Payment Technology Co., Ltd., NCR Corporation, Posiflex Technology, Diebold Nixdorf, and Ingenico Mobile Solutions. These companies are constantly competing to gain the majority share and implementing strategies such as product development for customer-specific requirements. For instance, First Data launched Clover Mobile, an mPOS solution that adds versatility and flexibility to the Clover Station. The solution allows more personal engagement by taking payment experience from off-the-counter to the floor.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What’s driving the mPOS market Trends? | Key players are Fujian Newland Payment Technology Co., Ltd., NCR Corporation, Posiflex Technology, Diebold Nixdorf, and Ingenico Mobile Solutions here

News-ID: 1801265 • Views: 212

More Releases from Global Market Research

Aerospace & Defense Fluid Conveyance Systems Market in Airframe Application Segm …
Global aerospace & defense fluid conveyance systems Market is anticipated to exceed USD 22 billion over the forecast timeframe. Airframe application segment is likely to contribute more than 60% of market share by 2024. Increasing aircraft production during forecast time frame will fuel aerospace & defense fluid conveyance systems demand owing to large application in the airframe to provide flawless pneumatic performance. Key Players are • Triumph Group • GKN Aerospace • Hannifin Corporation • Parker • AIM Aerospace • Eaton Corporation • Arrowhead
Aviation Weather Forecasting Services Market Size Report By Regional Revenue & G …
The Aviation Weather Forecasting Services Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure. Aviation Weather Forecasting Services Market will observe a lucrative growth from 2018 to 2024 propelled by increasing requirement for appropriate
Commercial Airport Baggage Handling Systems Market Size to witness a steady grow …
Global Market Insights presents the Commercial Airport Baggage Handling Systems Market provides a detailed overview of major drivers, restraints, challenges, opportunities, current industry trends and strategies impacting the global market along with estimates and forecast of revenue. Key Players are • Logplan • BCS Group • Daifuku Co.Ltd. • Fives • G&S Airport Conveyor • Pteris Global Limited • Siemens AG • BEUMER Group • Vanderlande Industries Based on services, the commercial airport baggage handling systems market is distinguished into assisted type baggage check in and self-service baggage check
Household Vacuum Cleaners Market in Upright Segment is Expected to Register Gain …
Upright household vacuum cleaners market share is expected to register gains at around 4% CAGR. Initial introduction of the product, featuring robustness and affordable costs are the key factors expected to fuel the segment growth. Canister household vacuum cleaners market size dominated the industry accounting for over 40% of the business revenue. Relatively lower costs, ease of usability and availability are the prominent factors influencing the high consumer adoption. Leading

All 2857 Releases