Press release
MPOS Market 2017 Global Market Expected to Grow at CAGR 51% and Forecast to 2020
MPOS Market
Research analyst predicts the global mPOS market to grow tremendously at a CAGR of 50% during the forecast period. The growing demand for mobile payments is the primary growth driver for this market. The increasing mobile internet penetration enables the users to quickly process mPOS and close the sales process. Moreover, the rising adoption of tablets and smartphones across the globe allows the retailers and merchants to integrate mPOS into their payment process.
The growing usage of cloud-based solutions is expected to fuel the mPOS market during the forecast period. These solutions enable merchants to access customer information and product data across multiple platforms. A large amount of data would require highly compatible mPOS that will capture information such as payment preferences, and buying behavior to fuel the market. mPOS would also enable merchants to store a large amount of data that can be accessed from anywhere across the globe by authorized personnel.
Geographical segmentation and analysis of the mPOS market
• Americas
• APAC
• EMEA
The retail sector is the prominent revenue contributor in the Americas. The concentration of retail outlets in the Americas is very high resulting in the growing market for mPOS. The mPOS market in Americas is expected to grow at a CAGR of 51% during the forecast period 2016-2020.
Competitive landscape and key vendors
The mPOS market is led by selective players and growing number of mergers and acquisitions. The competition in the mPOS market is expected to intensify due to the increasing number of solution providers and acquisitions of SMEs, by the large players. The report anticipates large retailers to integrate mPOS into their businesses during the forecast period.
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Key questions answered in the report include
• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global mPOS market?
• What are the key market trends impacting the growth of the global mPOS market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global mPOS market?
• Trending factors influencing the market shares of the Americas, EMEA, and APAC?
• What are the key outcomes of the five forces analysis of the global mPOS market?
Table of Contents:
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Impact of drivers
PART 07: Impact of drivers and challenges
PART 08: Geographical segmentation
Overview
PART 09: Vendor landscape
Competitive scenario
Other prominent vendors
PART 10: Key vendor analysis
Ingenico
PAX Global Technology
Toshiba TEC
VeriFone Systems
Continued…….
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