Press release
Mobile Point of Sale (POS) Terminal Market Size, Industry Trends, Share and Forecast 2019-2025
The mobile point of sale (POS) terminal market is anticipated to grow at a CAGR 15.2% during the forecast period. The mobile POS terminals are incorporated mobile equipment such as smartphones and tablets which works as electronic POS terminals and this mobile equipment can be changed into a compensation terminal through the use of dongles. These mobile equipment are equipped with utilities includes Wi-Fi, smart-card, voice over internet protocol and radio frequency identification. Additionally, it is utilized to administer, send and receive invoices, assets, and dispatch digitizes notes. These abilities allow a mobile point of sale terminal to acknowledge payment through wireless applications.To Request a Sample of our Report on Mobile Point of Sale (POS) Terminal Market: https://www.omrglobal.com/request-sample/mobile-point-of-sale-pos-terminal-market
Technical advancement in payment technologies with a shift towards the master card, visa and euro pay is anticipated to boost the growth of the mobile POS terminal market during the forecast period. Moreover, factors such as the growing number of cashless transactions and an increasing need for digital payment is fuelling the growth of the mPOS terminal market. Mobile POS solutions aid users to conduct financial transactions at remote locations along with convenience. It is also capable of accepting payments through contactless cards, NFC enabled cards and EMV chip-enabled cards. Advancement in technology, growing internet penetration and increasing proliferation of mobile devices propel the adoption of mobile point of sale terminals.
Moreover, factors such as rising the demand for wearable and portable devices along with integration in the sales channel, growing adoption of android POS devices and cloud-based services are expected to fuel the mobile point of sale terminal market during the forecast period. Furthermore, multinational companies are setting up the mobile point of sale services technology. The mobile point of sale terminal is utilized by businesses to aid faster checkouts. These terminals offer faster checkouts during high volume a transaction that leads to better customer experience. It is integrated with mobile devices includes tablets and smartphones that provide advantages such as higher workforce efficiency, improve customer experience and decrease serving time and these terminals are connected to an inventory management system to enhance efficiency.
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A full Report of Mobile Point of Sale (POS) Terminal Market is Available at: https://www.omrglobal.com/industry-reports/mobile-point-of-sale-pos-terminal-market
Global Mobile Point of Sale Terminal Market Segmentation
By Type
· Cloud
· On-Premise
By End-User
· Retail
· Healthcare
· Hospitality
· Transportation
· Others (Government, Media & Entertainment)
Regional Analysis
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of The World
Company Profiles
· AURES Group
· Castles Technology, Co. Ltd.
· Cisco Systems, Inc.
· Fiserv, Inc.
· Hewlett-Packard Co.
· Ingenico Group S.A.
· Micros Retail Systems, Inc. (A Oracle Company)
· NCR Corp.
· NEC Corp.
· New POS Technology, Ltd.
· Oracle Corp.
· Panasonic Corp.
· PAX Technology, Ltd
· Samsung Electronics Co. Ltd.
· Square, Inc.
· Squirrel Systems
· Toshiba Corp.
· Touch Dynamic Inc.
· VeriFone, Inc.
· Zebra Technologies Corp.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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