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Mobile POS Terminals Market Global Industry Trends | Growth Dynamics To 2024
Mobile POS Terminals Market
Retail sector application of the mobile pos terminals market is projected to grow at approximately 15% CAGR owing to increase in the number of SMBs integrating them into their operations. These systems consume less space and massively reduce the customer waiting time. Owing to the high demand for terminals that are mobile and wireless to boost convenience, the entertainment industry is anticipated to account for high growth.
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Technology has always been a key enabler of advancements across the finance-oriented industry verticals. mobile pos terminals market is probably one of the largest recipients of the transformed payment landscape. The pay-tech revolution is allowing modern digital payment modes to address payment efficiency, speed, risk detection as well as user experience, providing SMEs the access to tailor their operations in sync with the latest advancements. In this regard, cloud based mobile POS terminals industry is gaining a mass popularity across the globe primarily on account of its enlarged storage facility, ease of operation, and better functionality.
The exponentially expanding e-commerce sector has indeed brought a disruption in the operation fashion of traditional brick and mortar stores. mobile pos terminals market, a major beneficiary of this change, is gaining a substantial traction in this transformative merchandizing landscape. The increasing penetration of EMV contactless payments in digitized financial transaction is undeniably boosting global mobile POS terminals industry share. Payment service providers are scrupulously planning to bring forth an array of products that not only boost their day to day sales but also improve the consumer experience.
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The Asia Pacific mobile pos terminals market is projected to experience high growth owing to increased demand from SMBs. The demonetization move by the Indian government has influenced the growth of cashless transactions and have propelled the growth of various mobile payment apps such as Paytm and PayPal fuelling the market growth in India.
Players operating in the global mobile pos terminals market include Oracle, VeriFone, Ingenico, First Data Corporation, and Zebra Technologies. The industry is characterized by many start-ups investing heavily in the development of this technology. TouchBistro, for instance, manufactures iPad based mPOS systems, that are specifically developed for restaurants. Lightspeed has designed a cloud based POS platform with a high focus on mobile analytics.
Some Point from Table of Contents:
Chapter 6. Mobile Pos Terminals Market, By Application(Revenue, Shipment)
6.1. Key trends by application
6.2. Entertainment
6.2.1. Market estimates and forecast, 2013-2024
6.2.2. Market estimates and forecast, by region 2013 – 2024
6.3. Healthcare
6.3.1. Market estimates and forecast, 2013-2024
6.3.2. Market estimates and forecast, by region 2013 – 2024
6.4. Hospitality
6.4.1. Market estimates and forecast, 2013-2024
6.4.2. Market estimates and forecast, by region 2013 – 2024
6.5. Restaurant
6.5.1. Market estimates and forecast, 2013-2024
6.5.2. Market estimates and forecast, by region 2013 – 2024
6.6. Retail
6.6.1. Market estimates and forecast, 2013-2024
6.6.2. Market estimates and forecast, by region 2013 – 2024
6.6.3. Convenience Store
6.6.3.1. Market estimates and forecast, 2013-2024
6.6.3.2. Market estimates and forecast, by region 2013 – 2024
6.6.4. Department Store
6.6.4.1. Market estimates and forecast, 2013-2024
6.6.4.2. Market estimates and forecast, by region 2013 – 2024
6.6.5. Supermarket/Hypermarket
6.6.5.1. Market estimates and forecast, 2013-2024
6.6.5.2. Market estimates and forecast, by region 2013 – 2024
6.6.6. Discount Store
6.6.6.1. Market estimates and forecast, 2013-2024
6.6.6.2. Market estimates and forecast, by region 2013 – 2024
6.6.7. Specialty Store
6.6.7.1. Market estimates and forecast, 2013-2024
6.6.7.2. Market estimates and forecast, by region 2013 – 2024
6.6.8. Other Store
6.6.8.1. Market estimates and forecast, 2013-2024
6.6.8.2. Market estimates and forecast, by region 2013 – 2024
6.7. Warehouse
6.7.1. Market estimates and forecast, 2013-2024
6.7.2. Market estimates and forecast, by region 2013 – 2024
6.8. Others
6.8.1. Market estimates and forecast, 2013-2024
6.8.2. Market estimates and forecast, by region 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/mobile-point-of-sale-mpos-terminals-market
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