Mobile Point of Sale Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A mobile point of sale (mPOS) is a smartphone, tablet, or any other wireless device that performs the functions of a cash register or electronic point of sale terminal (POS) wirelessly. It helps in the sales and service in conducting a financial transaction. Increasing use of mPOS due to its low maintenance, ease of transaction, and real-time inventory management, thus growing demand for the mobile point of sale (mPOS) market. The growing need for portable devices, coupled with their integration in the sales channel, is also fueling the growth of the market.

MARKET DYNAMICS

Increasing adoption of android devices and cloud-based point of sale devices are driving the growth of the mobile point of sale (mPOS) market. Rising adoption of mPOS due to its benefits, such as it can be operated at any remote location, low cost of devices, and supports the merchants who have no fixed place, thus boosting the growth of the mobile point of sale mPOS market. Moreover, technological advancements in payment technologies coupled with the high level of customization basing on the requirement of the customer are also propelling the growth of the mobile point of sale (mPOS) market.

MARKET SCOPE

The "Global Mobile Point of Sale (mPOS) Market Analysis To 2031" is a specialized and in-depth study of the mobile point of sale (mPOS) industry with a special focus on the global market trend analysis. The report aims to provide an overview mobile point of sale (mPOS) market with detailed market segmentation by solution, technology, industry vertical, and geography. The global mobile point of sale (mPOS) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading mobile point of sale (mPOS) market players and offers key trends and opportunities in the mobile point of sale (mPOS) market.

MARKET SEGMENTATION

The global mobile point of sale (mPOS) market is segmented on the basis of solution, technology, industry vertical. On the basis of solution the market is segmented as hardware, software. On the basis of technology the market is segmented as EMV chip and pin, magnetic strip, NFC, chip and sign, biometrics, hybrid solutions. On the basis of industry vertical the market is segmented as hospitality, healthcare, retail, distribution/warehouse, transportation, consumer utility services, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global mobile point of sale (mPOS) market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The mobile point of sale (mPOS) market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting mobile point of sale (mPOS) market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the mobile point of sale (mPOS) market in these regions.

MARKET PLAYERS

The reports cover key developments in the mobile point of sale (mPOS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from mobile point of sale (mPOS) market are anticipated to lucrative growth opportunities in the future with the rising demand for mobile point of sale (mPOS) in the global market. Below mentioned is the list of few companies engaged in the mobile point of sale (mPOS) market.

The report also includes the profiles of key mobile point of sale (mPOS) companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Cisco, Inc.
- First Data Corporation
- Hewlett - Packard Development Company, L.P
- iZettle AB
- Oracle Corporation
- PAX Technology Ltd.
- PayPal Holdings, Inc.
- Square Capital, LLC
- Toshiba Corporation
- VeriFone Systems, Inc.

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Mobile Point of Sale (mPOS) Report Scope