mPOS Device Market Size, Share & Trends | Forecast 2025 to 2031 at 9.7% CAGR

Los Angeles, United States - QY Research has unveiled its latest study titled "Global mPOS Device Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This newly released report delivers a comprehensive overview of the global mPOS Device market, analyzing the forces shaping its growth trajectory and providing valuable insights for stakeholders, investors, and industry professionals. the research covers key areas including market dynamics, segmentation, regional performance, competitive landscape, and emerging technology trends that are redefining industry standards. Backed by reliable data and expert analysis, the report serves as a trusted guide to understanding both microeconomic and macroeconomic factors driving market evolution.

The global market for mPOS Device was estimated to be worth US$ 3044 million in 2024 and is forecast to a readjusted size of US$ 5810 million by 2031 with a CAGR of 9.7% during the forecast period 2025-2031.

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The research report also includes the global mPOS Device market figures that provide historical data as well as estimated figures. It gives a clear picture of the growth rate of the market during the forecast period. The mPOS Device report aims to give the readers quantifiable data that is collected from verified data. The report attempts to answer all the difficult questions such as market sizes and company strategies.

An mPOS (mobile Point of Sale) device is a portable payment terminal that allows businesses to accept card payments through mobile devices like smartphones or tablets. These devices are typically paired with a card reader, often connected via Bluetooth or a headphone jack, and can process credit or debit card transactions, including contactless payments (such as NFC-enabled cards or mobile wallets like Apple Pay).mPOS systems are particularly popular with small businesses, merchants on the go (like food trucks, market vendors), and in retail environments where portability is key. These devices often come with additional features, such as inventory management, sales reporting, and customer data collection. In 2024, global mPOS Device production reached approximately 51.32 million units , with an average global market price of around US$ 59.32 per unit.

Competitive Landscape: -

Newland NPT
PAX Technology
New POS Technology
Verifone
Ingenico (Worldline)
Shenzhen Xinguodu Technology
Wuhan Tianyu Information
BBPOS
Centerm
MoreFun Electronic Technology
Posiflex Technology
NCR Voyix
Beijing Shenzhou Anfu Technology
Datecs
SZZT
ADVANTECH-AURES
Miura Systems
PayCore
Bitel
Square
Touch Dynamic

The competitive landscape is a must-have information for the market players to withstand the competition present in the global mPOS Device market. This further helps the market participants to develop effective strategies to optimize their market positions. Moreover, the competitive analysis helps them to determine potential advantages as well as barriers within the global mPOS Device market. This way, they can monitor how their competitors are implementing various strategies including pricing, marketing, and distribution.

Rising Demand for Cashless Transactions -

Consumer Preferences: As consumers increasingly prefer cashless and contactless payments for convenience and hygiene reasons, businesses are adopting mPOS solutions to cater to this demand.

Increasing Mobile Penetration -

Smartphone Adoption: With the global increase in smartphone usage, businesses have found it cost-effective to convert smartphones or tablets into POS systems, reducing the need for expensive traditional POS hardware.

Cost Efficiency for Small and Medium-Sized Businesses (SMBs) -

Lower Capital Investment: Traditional POS systems can require significant capital investment in both hardware and software. mPOS systems, on the other hand, are typically more affordable, offering subscription-based pricing models.

Flexibility: mPOS systems allow SMBs to scale their operations and adjust as needed. They can expand as the business grows, without heavy upfront investments.

Regional Insights -

The report takes readers on a journey through four key regions: United States, Asia-Pacific, and EMEA. Key nations like the United States, Germany, the United Kingdom, China, Japan, South Korea, and more are thoroughly examined. The data is presented in a timeline from 2024 as the base year, with projections extending to 2031.

North America: United States, Canada, Mexico

Latin America: Brazil and other key markets

Asia Pacific: China, Japan, South Korea, India, ASEAN countries

Europe, Middle East & Africa (EMEA): Major European economies, GCC countries, and African nations

The report provides a region-wise breakdown of market share, consumption trends, and future prospects.

Detailed of mPOS Device Market Segmentation -

The report offers great insights into important segments of the global mPOS Device market while concentrating on their CAGR, market size, market share, and future growth potential. The global mPOS Device market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global mPOS Device market.

Segmentation By Type :-

Smart POS
Non-smart POS

Segmentation By Application -

Retail
Restaurant
Hospitality
Entertainment
Other

This segmentation helps identify high-growth opportunities and niche segments for investors and businesses.

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Why This Report is a Must-Have -

ᗒ Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain a clear understanding of market trends and future growth potential.

ᗒ Comprehensive Market Segmentation: Detailed breakdown by Type, Application, and Region to identify lucrative opportunities.

ᗒ Competitive Landscape: Insights into key players, their market share, and strategic developments like mergers, acquisitions, and expansion plans.

ᗒ Drivers & Restraints: Understand the factors shaping the market's growth and the challenges that could impact your strategy.

ᗒ Expert Opinions & Market Dynamics: Benefit from expert analysis to navigate market risks and capitalize on emerging trends.

mPOS Device Market Report Objectives -

(1) Analyzing the size of the global mPOS Device market on the basis of value and volume

(2) Accurately calculating the market shares, consumption, and other vital factors of different segments of the global mPOS Device market

(3) Exploring key dynamics of the global mPOS Device market

(4) Highlighting important trends of the global mPOS Device market in terms of production, revenue, and sales

(5) Deeply profiling top players of the global mPOS Device market and showing how they compete in the industry

(6) Studying manufacturing processes and costs, product pricing, and various trends related to them

(7) Showing the performance of different regions and countries in the global mPOS Device market

(8) Forecasting the market size and share of all segments, regions, and the global market.

Important Questions Answered included in the Report:-

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global mPOS Device market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global mPOS Device market?

Table of Contents - Major Key Points:

1 Market Overview
1.1 mPOS Device Product Introduction
1.2 Global mPOS Device Market Size Forecast (2020-2031)
1.3 mPOS Device Market Trends & Drivers
1.3.1 mPOS Device Industry Trends
1.3.2 mPOS Device Market Drivers & Opportunity
1.3.3 mPOS Device Market Challenges
1.3.4 mPOS Device Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global mPOS Device Players Revenue Ranking (2024)
2.2 Global mPOS Device Revenue by Company (2020-2025)
2.3 Key Companies mPOS Device Manufacturing Base Distribution and Headquarters
2.4 Key Companies mPOS Device Product Offered
2.5 Key Companies Time to Begin Mass Production of mPOS Device
2.6 mPOS Device Market Competitive Analysis
2.6.1 mPOS Device Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by mPOS Device Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in mPOS Device as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Smart POS
3.1.2 Non-smart POS
3.2 Global mPOS Device Sales Value by Type
3.2.1 Global mPOS Device Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global mPOS Device Sales Value, by Type (2020-2031)
3.2.3 Global mPOS Device Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Retail
4.1.2 Restaurant
4.1.3 Hospitality
4.1.4 Entertainment
4.1.5 Other
4.2 Global mPOS Device Sales Value by Application
4.2.1 Global mPOS Device Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global mPOS Device Sales Value, by Application (2020-2031)
4.2.3 Global mPOS Device Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global mPOS Device Sales Value by Region
5.1.1 Global mPOS Device Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global mPOS Device Sales Value by Region (2020-2025)
5.1.3 Global mPOS Device Sales Value by Region (2026-2031)
5.1.4 Global mPOS Device Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America mPOS Device Sales Value, 2020-2031
5.2.2 North America mPOS Device Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe mPOS Device Sales Value, 2020-2031
5.3.2 Europe mPOS Device Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific mPOS Device Sales Value, 2020-2031
5.4.2 Asia Pacific mPOS Device Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America mPOS Device Sales Value, 2020-2031
5.5.2 South America mPOS Device Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa mPOS Device Sales Value, 2020-2031
5.6.2 Middle East & Africa mPOS Device Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions mPOS Device Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions mPOS Device Sales Value, 2020-2031
6.3 United States
6.3.1 United States mPOS Device Sales Value, 2020-2031
6.3.2 United States mPOS Device Sales Value by Type (%), 2024 VS 2031
6.3.3 United States mPOS Device Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe mPOS Device Sales Value, 2020-2031
6.4.2 Europe mPOS Device Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe mPOS Device Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China mPOS Device Sales Value, 2020-2031
6.5.2 China mPOS Device Sales Value by Type (%), 2024 VS 2031
6.5.3 China mPOS Device Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan mPOS Device Sales Value, 2020-2031
6.6.2 Japan mPOS Device Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan mPOS Device Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea mPOS Device Sales Value, 2020-2031
6.7.2 South Korea mPOS Device Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea mPOS Device Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia mPOS Device Sales Value, 2020-2031
6.8.2 Southeast Asia mPOS Device Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia mPOS Device Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India mPOS Device Sales Value, 2020-2031
6.9.2 India mPOS Device Sales Value by Type (%), 2024 VS 2031
6.9.3 India mPOS Device Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Newland NPT
7.1.1 Newland NPT Profile
7.1.2 Newland NPT Main Business
7.1.3 Newland NPT mPOS Device Products, Services and Solutions
7.1.4 Newland NPT mPOS Device Revenue (US$ Million) & (2020-2025)
7.1.5 Newland NPT Recent Developments
7.2 PAX Technology
7.2.1 PAX Technology Profile
7.2.2 PAX Technology Main Business
7.2.3 PAX Technology mPOS Device Products, Services and Solutions
7.2.4 PAX Technology mPOS Device Revenue (US$ Million) & (2020-2025)
7.2.5 PAX Technology Recent Developments
7.3 New POS Technology
7.3.1 New POS Technology Profile
7.3.2 New POS Technology Main Business
7.3.3 New POS Technology mPOS Device Products, Services and Solutions
7.3.4 New POS Technology mPOS Device Revenue (US$ Million) & (2020-2025)
7.3.5 New POS Technology Recent Developments
7.4 Verifone
7.4.1 Verifone Profile
7.4.2 Verifone Main Business
7.4.3 Verifone mPOS Device Products, Services and Solutions
7.4.4 Verifone mPOS Device Revenue (US$ Million) & (2020-2025)
7.4.5 Verifone Recent Developments
7.5 Ingenico (Worldline)
7.5.1 Ingenico (Worldline) Profile
7.5.2 Ingenico (Worldline) Main Business
7.5.3 Ingenico (Worldline) mPOS Device Products, Services and Solutions
7.5.4 Ingenico (Worldline) mPOS Device Revenue (US$ Million) & (2020-2025)
7.5.5 Ingenico (Worldline) Recent Developments
7.6 Shenzhen Xinguodu Technology
7.6.1 Shenzhen Xinguodu Technology Profile
7.6.2 Shenzhen Xinguodu Technology Main Business
7.6.3 Shenzhen Xinguodu Technology mPOS Device Products, Services and Solutions
7.6.4 Shenzhen Xinguodu Technology mPOS Device Revenue (US$ Million) & (2020-2025)
7.6.5 Shenzhen Xinguodu Technology Recent Developments
7.7 Wuhan Tianyu Information
7.7.1 Wuhan Tianyu Information Profile
7.7.2 Wuhan Tianyu Information Main Business
7.7.3 Wuhan Tianyu Information mPOS Device Products, Services and Solutions
7.7.4 Wuhan Tianyu Information mPOS Device Revenue (US$ Million) & (2020-2025)
7.7.5 Wuhan Tianyu Information Recent Developments
7.8 BBPOS
7.8.1 BBPOS Profile
7.8.2 BBPOS Main Business
7.8.3 BBPOS mPOS Device Products, Services and Solutions
7.8.4 BBPOS mPOS Device Revenue (US$ Million) & (2020-2025)
7.8.5 BBPOS Recent Developments
7.9 Centerm
7.9.1 Centerm Profile
7.9.2 Centerm Main Business
7.9.3 Centerm mPOS Device Products, Services and Solutions
7.9.4 Centerm mPOS Device Revenue (US$ Million) & (2020-2025)
7.9.5 Centerm Recent Developments
7.10 MoreFun Electronic Technology
7.10.1 MoreFun Electronic Technology Profile
7.10.2 MoreFun Electronic Technology Main Business
7.10.3 MoreFun Electronic Technology mPOS Device Products, Services and Solutions
7.10.4 MoreFun Electronic Technology mPOS Device Revenue (US$ Million) & (2020-2025)
7.10.5 MoreFun Electronic Technology Recent Developments
7.11 Posiflex Technology
7.11.1 Posiflex Technology Profile
7.11.2 Posiflex Technology Main Business
7.11.3 Posiflex Technology mPOS Device Products, Services and Solutions
7.11.4 Posiflex Technology mPOS Device Revenue (US$ Million) & (2020-2025)
7.11.5 Posiflex Technology Recent Developments
7.12 NCR Voyix
7.12.1 NCR Voyix Profile
7.12.2 NCR Voyix Main Business
7.12.3 NCR Voyix mPOS Device Products, Services and Solutions
7.12.4 NCR Voyix mPOS Device Revenue (US$ Million) & (2020-2025)
7.12.5 NCR Voyix Recent Developments
7.13 Beijing Shenzhou Anfu Technology
7.13.1 Beijing Shenzhou Anfu Technology Profile
7.13.2 Beijing Shenzhou Anfu Technology Main Business
7.13.3 Beijing Shenzhou Anfu Technology mPOS Device Products, Services and Solutions
7.13.4 Beijing Shenzhou Anfu Technology mPOS Device Revenue (US$ Million) & (2020-2025)
7.13.5 Beijing Shenzhou Anfu Technology Recent Developments
7.14 Datecs
7.14.1 Datecs Profile
7.14.2 Datecs Main Business
7.14.3 Datecs mPOS Device Products, Services and Solutions
7.14.4 Datecs mPOS Device Revenue (US$ Million) & (2020-2025)
7.14.5 Datecs Recent Developments
7.15 SZZT
7.15.1 SZZT Profile
7.15.2 SZZT Main Business
7.15.3 SZZT mPOS Device Products, Services and Solutions
7.15.4 SZZT mPOS Device Revenue (US$ Million) & (2020-2025)
7.15.5 SZZT Recent Developments
7.16 ADVANTECH-AURES
7.16.1 ADVANTECH-AURES Profile
7.16.2 ADVANTECH-AURES Main Business
7.16.3 ADVANTECH-AURES mPOS Device Products, Services and Solutions
7.16.4 ADVANTECH-AURES mPOS Device Revenue (US$ Million) & (2020-2025)
7.16.5 ADVANTECH-AURES Recent Developments
7.17 Miura Systems
7.17.1 Miura Systems Profile
7.17.2 Miura Systems Main Business
7.17.3 Miura Systems mPOS Device Products, Services and Solutions
7.17.4 Miura Systems mPOS Device Revenue (US$ Million) & (2020-2025)
7.17.5 Miura Systems Recent Developments
7.18 PayCore
7.18.1 PayCore Profile
7.18.2 PayCore Main Business
7.18.3 PayCore mPOS Device Products, Services and Solutions
7.18.4 PayCore mPOS Device Revenue (US$ Million) & (2020-2025)
7.18.5 PayCore Recent Developments
7.19 Bitel
7.19.1 Bitel Profile
7.19.2 Bitel Main Business
7.19.3 Bitel mPOS Device Products, Services and Solutions
7.19.4 Bitel mPOS Device Revenue (US$ Million) & (2020-2025)
7.19.5 Bitel Recent Developments
7.20 Square
7.20.1 Square Profile
7.20.2 Square Main Business
7.20.3 Square mPOS Device Products, Services and Solutions
7.20.4 Square mPOS Device Revenue (US$ Million) & (2020-2025)
7.20.5 Square Recent Developments
7.21 Touch Dynamic
7.21.1 Touch Dynamic Profile
7.21.2 Touch Dynamic Main Business
7.21.3 Touch Dynamic mPOS Device Products, Services and Solutions
7.21.4 Touch Dynamic mPOS Device Revenue (US$ Million) & (2020-2025)
7.21.5 Touch Dynamic Recent Developments
8 Industry Chain Analysis
8.1 mPOS Device Industrial Chain
8.2 mPOS Device Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 mPOS Device Sales Model
8.5.2 Sales Channel
8.5.3 mPOS Device Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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