Mobile Point-of-Sale (mPOS) Terminals Market to Hit US$ 127.04 Billion by 2034 with 11.4% CAGR

𝐓𝐡𝐞 𝐦𝐨𝐛𝐢𝐥𝐞 𝐩𝐨𝐢𝐧𝐭-𝐨𝐟-𝐬𝐚𝐥𝐞 (𝐦𝐏𝐎𝐒) 𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐥𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟒𝟑.𝟒𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒. 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟒𝟖.𝟐𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟓 𝐭𝐨 𝐔𝐒𝐃 𝟏𝟐𝟕.𝟎𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟒, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟏.𝟒% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟓 𝐭𝐨 𝟐𝟎𝟑𝟒.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
Mobile point-of-sale terminals refer to wireless electronic devices such as smartphones or tablets that act as digital cash registers and accept online payment. This allows for seamless transaction of money from an individual to an establishment such as a restaurant or a grocery store. With many individuals now becoming mobile-centric, mobile POS has now gained increased traction. Traditionally, a POS system is attached to a desktop but mobile POS has brought about changes in the way merchants can accept payments. Its portability makes it easier for payment on the go. It is also cheaper as there is no need to invest in specialized equipment as a mobile will serve the same function.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/mobile-pos-terminals-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:
• The adoption of cloud based point-of-sale systems has helped in increasing the awareness regarding mobile point-of-sale. It offers flexibility, cost efficiency, and scalability as the establishment grows. It has various advantages, such as remote tracking of data, automatic updates, and robust security techniques.

• Mobile point-of-sale terminals help businesses looking to convert their businesses into automated establishments. They help reduce dependence on manual labor and carry out functions such as customer relationship and inventory management

𝐌𝐚𝐣𝐨𝐫 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬:
Digital payments are now the mode of payment and it has brought along with it a major expansion of the mobile point-of-sale market. A few of the mobile point-of-sale (mPOS) terminals market key players are:
• PAX Technology
• Oracle
• VeriFone, Inc.
• HP Development Company, L.P.
• PT. NEC Indonesia.
• Ingenico
• Toshiba Global Commerce Solutions
• Panasonic
• Posiflex
• Squirrel Systems

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/mobile-pos-terminals-market/request-for-discount-pricing

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
• The mobile point-of-sale (mPOS) terminals market is segmented based on component, deployment type, end users, and region.

• The component segment is divided into hardware and software categories. The hardware segment held the largest market share in 2024 due to the widespread adoption of compact and portable mPOS devices across various industries.

• By deployment type, the cloud-based segment is expected to witness the fastest growth during the forecast period due to its scalability, cost-effectiveness, and ability to provide real-time data access.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
North America led the mobile point-of-sale (mPOS) terminals market in 2024, driven by advanced digital payment infrastructure, widespread contactless payment adoption, and a strong preference for mobile transactions. The rise of SMEs using mPOS for cost-effective operations, along with government initiatives like California's mobile driver's license via Google Wallet, further fueled market growth.

Asia Pacific is the fastest-growing region, propelled by rapid digital transformation, expanding e-commerce, and increasing cashless transactions in China, India, and Japan. Government initiatives, including a planned instant cross-border payments platform by 2026, alongside rising smartphone penetration, are accelerating mPOS adoption across the region.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/mobile-pos-terminals-market

𝐌𝐨𝐛𝐢𝐥𝐞 𝐏𝐨𝐢𝐧𝐭-𝐎𝐟-𝐒𝐚𝐥𝐞 (𝐦𝐏𝐎𝐒) 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬
Verifone Enhances Verifone Central (March 2024)
Verifone introduced updates to Verifone Central, improving report navigation and bolstering security with Multi-Factor Authentication. Enhancements also included Merchant Choice Routing (MCR) in Australia, refined role permissions, and advanced transaction handling, ensuring smoother platform functionality.

Revolut Unveils Revolut Terminal (October 2024)
Revolut launched the Revolut Terminal, a point-of-sale (POS) device designed to integrate seamlessly with Revolut Business accounts for efficient transactions. It reduces transaction costs and supports Revolut Pay, enabling direct app payments while offering users RevPoints for discounts.

CaixaBank Introduces Mobile POS App (May 2023)
CaixaBank became the first financial institution in Spain to introduce an app that converts smartphones into POS terminals. This innovation eliminates the need for additional hardware, providing a seamless and cost-effective payment solution for businesses.

Adyen Expands Mobile POS Offerings (January 2022)
Adyen introduced Android-powered mobile POS terminals across the US, UK, and Europe. These all-in-one devices provide businesses with an integrated payment platform and app management system, streamlining transactions and enhancing operational efficiency.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Robotic Process Automation (RPA) Market:
https://www.polarismarketresearch.com/industry-analysis/robotic-process-automation-market

Precision Farming Market:
https://www.polarismarketresearch.com/industry-analysis/precision-farming-market

Vertical Farming Market:
https://www.polarismarketresearch.com/industry-analysis/vertical-farming-market

Restaurant Point-Of-Sale (Pos) Terminals Market:
https://www.polarismarketresearch.com/industry-analysis/restaurant-pos-terminals-market

Mobile Point-Of-Sale (Mpos) Terminals Market:
https://www.polarismarketresearch.com/industry-analysis/mobile-pos-terminals-market

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