Global mPoS Terminals Market to grow at a CAGR of 32.84% during 2017-2021 | Ingenico, PAMPOS TERMINALS Technology, SZZT Electronics, Verifone

A standard PoS system consists of a computer, PoS software, monitor, barcode scanner, cash drawer, receipt printer, weight scale, and sometimes credit/debit card readers. Mobile point of sale (mPoS) terminals are used to facilitate cashless transactions for sales of goods and are used by retailers to manage information related to their inventory, customers, and cash flows. They are mainly used for retail sales management. mPoS terminal is a secure and convenient way to turn a mobile device, such as a smartphone or a tablet, into a payment or card terminal. mPoS terminal allows the user to accept payments and perform the transaction directly without updating the cash register.

The global mPoS terminals market to grow at a CAGR of 32.84% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global mPoS terminals market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of mPoS terminals by vendors in the market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global mPoS Terminals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Ingenico
- PAMPOS TERMINALS Technology
- SZZT Electronics
- Verifone

Other prominent vendors
- NEC
- Samsung

Market driver
- Ease of implementation
- For a full, detailed list, view our report

Market challenge
- Slow adoption rate
- For a full, detailed list, view our report

Market trend
- Adoption in contactless transactions
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this 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 key vendors?
- What are the strengths and weaknesses of the key vendors?

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