Press release
mPOS Card Readers Market : Revenue Share, Insights & Future Outlook
What is Driving the Growth of the Global mPOS Card Readers Market?The global market for mPOS Card Readers was valued at US$ million in 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of % during the forecast period.
An mPOS or mobile POS is a portable point of sale on a smartphone or tablet that functions as a register, enabling merchants to process transactions on the go with efficiency and convenience.
How is the mPOS Card Readers Market Expanding Across Key Regions?
North American market for mPOS Card Readers is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
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Asia-Pacific market for mPOS Card Readers is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Which Companies are Leading the mPOS Card Readers Market in 2024 and Beyond?
The major global manufacturers of mPOS Card Readers include Ingenico, Verifone, Newland Payment, PAX, Square, LIANDI, Xin Guo Du, Castles Tech, Bitel, New POS Tech, and others. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Segment by Type
• WAN Connection (Cellular Network)
• LAN Connection (Bluetooth, WiFi)
Segment by Application
• Retail
• Restaurants
By Company
• Ingenico - Specializes in innovative and secure mPOS solutions for retail and hospitality sectors.
• Verifone - Provides portable and versatile mobile payment devices for global merchants.
• Newland Payment - Offers advanced mobile POS card readers for small and medium businesses.
• PAX - Manufactures reliable and high-performance mPOS terminals for retail and restaurants.
• Square - Provides user-friendly mobile POS solutions for small businesses and entrepreneurs.
• LIANDI - Specializes in mobile payment and POS technologies for diverse commercial applications.
• Xin Guo Du - Offers secure and portable card reader solutions for the financial sector.
• Castles Tech - Develops mobile POS devices with advanced connectivity and payment options.
• Bitel - Provides innovative mPOS hardware for retail and hospitality industries.
• New POS Tech - Offers versatile card reader systems for on-the-go payment processing.
• CyberNet - Specializes in mobile POS devices for secure transaction processing.
• SZZT - Manufactures portable and efficient card readers for small and medium enterprises.
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