Press release
Mobile Point of Sale (mPOS) Market - Detailed Analysis of Current and Future Industry Figures till 2027 | Cisco, First Data Corporation, Hewlett - Packard, iZettle AB, Oracle, PAX, PayPal, Square Capital, Toshiba, VeriFone
Mobile Point of Sale (mPOS) Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period.A mobile point of sale (mPOS) is a smartphone, tablet, or any other wireless device that performs the functions of a cash register or electronic point of sale terminal (POS) wirelessly. It helps in the sales and service in conducting a financial transaction. Increasing use of mPOS due to its low maintenance, ease of transaction, and real-time inventory management, thus growing demand for the mobile point of sale (mPOS) market. The growing need for portable devices, coupled with their integration in the sales channel, is also fueling the growth of the market.
Increasing adoption of android devices and cloud-based point of sale devices are driving the growth of the mobile point of sale (mPOS) market. Rising adoption of mPOS due to its benefits, such as it can be operated at any remote location, low cost of devices, and supports the merchants who have no fixed place, thus boosting the growth of the mobile point of sale mPOS market. Moreover, technological advancements in payment technologies coupled with the high level of customization basing on the requirement of the customer are also propelling the growth of the mobile point of sale (mPOS) market.
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The reports cover key developments in the Mobile Point of Sale (mPOS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Mobile Point of Sale (mPOS) market are anticipated to lucrative growth opportunities in the future with the rising demand for Mobile Point of Sale (mPOS) market in the global market.
Key Players Influencing the Market
• Cisco, Inc.
• First Data Corporation
• Hewlett - Packard Development Company, L.P
• iZettle AB
• Oracle Corporation
• PAX Technology Ltd.
• PayPal Holdings, Inc.
• Square Capital, LLC
• Toshiba Corporation
• VeriFone Systems, Inc.
The “Global Mobile Point of Sale (mPOS) Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Mobile Point of Sale (mPOS) market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Mobile Point of Sale (mPOS) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Mobile Point of Sale (mPOS) market players and offers key trends and opportunities in the market.
The global mobile point of sale (mPOS) market is segmented on the basis of solution, technology, industry vertical. On the basis of solution the market is segmented as hardware, software. On the basis of technology the market is segmented as EMV chip and pin, magnetic strip, NFC, chip and sign, biometrics, hybrid solutions. On the basis of industry vertical the market is segmented as hospitality, healthcare, retail, distribution/warehouse, transportation, consumer utility services, others.
Besides this, the report analyzes factors affecting Mobile Point of Sale (mPOS) market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Mobile Point of Sale (mPOS) Market report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Mobile Point of Sale (mPOS) market based on the type and application. It also provides market size and forecast till 2027 for overall Mobile Point of Sale (mPOS) market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Mobile Point of Sale (mPOS) Market.
• Key market trends cracking up the growth of the Mobile Point of Sale (mPOS) Market.
• Challenges to market growth.
• Key vendors of Mobile Point of Sale (mPOS) Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Mobile Point of Sale (mPOS) Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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