Market Overview:
The global mobile point of sale (POS) systems market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mobile POS systems across different applications, such as entertainment, hospitality, healthcare, retail and others. In addition, the growing trend of Bring Your Own Device (BYOD) is also contributing significantly to the growth of this market. Based on type, the global mobile POS systems market can be segmented into computer version, tablet version and mobile version. The computer version segment is expected to hold a major share in terms of revenue in 2018 owing to its high adoption rate among small and medium businesses (SMBs). However, with an increasing demand for mobility and portability among consumers and employees alike; the tablet version segment is projected to witness highest growth during the forecast period from 2018-2030. Based on application type, retail sector accounted for majority share in 2017 due its growing popularity among consumers for purchasing goods through digital channels instead traditional brick-and-mortar stores.
Product Definition:
A mobile point of sale system (mPOS) is a type of point of sale terminal that is designed to be used on the go. mPOS systems are typically small and lightweight, and they often include features like Bluetooth connectivity and NFC capabilities that allow them to be used with a variety of devices. mPOS systems are often used by businesses that sell goods or services in person, such as retail stores, restaurants, and service providers.
Mobile Version:
The mobile version is a software application installed on the smartphone or tablet that allows merchants to accept payments via NFC-enabled devices. The increase in penetration of smartphones and tablets across the globe has led to an upsurge in demand for mPOS terminals with enhanced security features, which is expected to drive market growth over the forecast period. Moreover, growing adoption of NFC technology by retailers for payment acceptance solutions coupled with increasing awareness about digital wallets among consumers are some other factors driving market growth.
Computer Version:
Computer version is a software system that enables the mobile POS terminal to communicate with the server for processing and recording sales transactions. It helps in maintaining records of inventory, customers, and payments. The computer version is used in all types of mPOS systems including self-service terminals, tablet PC based systems, barcode scanners etc.
Application Insights:
The entertainment segment dominated the global market in 2017. The growth of this segment can be attributed to the increasing number of restaurants and bars across various regions, including Asia Pacific, North America, and Europe. Furthermore, rising preference for mPOS over cash register systems in theaters/cinemas is expected to drive the product demand over the forecast period.
The hospitality sector is anticipated to emerge as one of the prominent application segments during the forecast period owing to growing investments by hotel chains such as Hilton Worldwide (Hilton), Taj Group (Oberoi), Marriot International (Marriott) and Huazhu Group (Wuhan R&F Center) in equipment ranging from point-of-sale systems to kitchen equipment. In addition, these solutions help reduce countertop space requirements by as much as 70%, which helps hotels save money and resources while improving service quality at same time.
Regional Analysis:
The Asia Pacific region is expected to emerge as a predominant region over the forecast period. The growth can be attributed to increasing demand for mobile POS systems from developing countries such as India and China. Furthermore, the growing adoption of smartphones and digital payment methods in these regions is anticipated to boost market growth over the forecast period.
North America held a significant share in 2016 owing to high demand from various industries operating within this region. Upholding records, maintaining inventory, processing payments are some of the critical tasks performed by mobile POS systems installed at retail stores or other commercial places that require on-the-go transactions throughout North America.
Growth Factors:
- Increasing demand for mobile point of sale systems from small and medium-sized businesses (SMBs) due to the benefits offered by these systems, such as increased efficiency and productivity.
- The growing trend of online shopping is driving the demand for mobile point of sale systems as they allow retailers to accept payments through smartphones and tablets.
- Rapid advancements in technology are resulting in the development of more advanced mobile point of sale systems, which is fueling the growth of this market.
- Rising number of retail establishments worldwide is providing a significant boost to the growth prospects of the global mobile point of sale Systems market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Point of Sale Systems Market Research Report
By Type
Mobile Version, Computer Version, Tablet Version
By Application
Entertainment, Hospitality, Healthcare, Retail, Inventory and Warehousing, Other
By Companies
Hewlett-Packard Company, Cisco Systems, MICROS Systems, Panasonic Corporation, Toshiba Corporation, VeriFone Systems, PAX Technology Limited, Samsung Electronics, First Data Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Mobile Point of Sale Systems Market Report Segments:
The global Mobile Point of Sale Systems market is segmented on the basis of:
Types
Mobile Version, Computer Version, Tablet Version
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Entertainment, Hospitality, Healthcare, Retail, Inventory and Warehousing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hewlett-Packard Company
- Cisco Systems
- MICROS Systems
- Panasonic Corporation
- Toshiba Corporation
- VeriFone Systems
- PAX Technology Limited
- Samsung Electronics
- First Data Corporation
Highlights of The Mobile Point of Sale Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mobile Version
- Computer Version
- Tablet Version
- By Application:
- Entertainment
- Hospitality
- Healthcare
- Retail
- Inventory and Warehousing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mobile Point of Sale Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mobile Point of Sale Systems are a type of electronic payment system that allow merchants to accept payments from customers using their smartphones. These systems typically include a merchant account, an app, and a reader for mobile devices. Merchants can use these systems to process transactions offline or online.
Some of the major companies in the mobile point of sale systems market are Hewlett-Packard Company, Cisco Systems, MICROS Systems, Panasonic Corporation, Toshiba Corporation, VeriFone Systems, PAX Technology Limited, Samsung Electronics, First Data Corporation.
The mobile point of sale systems market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile Point of Sale Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mobile Point of Sale Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobile Point of Sale Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mobile Point of Sale Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mobile Point of Sale Systems Market Size & Forecast, 2018-2028
4.5.1 Mobile Point of Sale Systems Market Size and Y-o-Y Growth
4.5.2 Mobile Point of Sale Systems Market Absolute $ Opportunity
Chapter 5 Global Mobile Point of Sale Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mobile Point of Sale Systems Market Size Forecast by Type
5.2.1 Mobile Version
5.2.2 Computer Version
5.2.3 Tablet Version
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mobile Point of Sale Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mobile Point of Sale Systems Market Size Forecast by Applications
6.2.1 Entertainment
6.2.2 Hospitality
6.2.3 Healthcare
6.2.4 Retail
6.2.5 Inventory and Warehousing
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobile Point of Sale Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mobile Point of Sale Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mobile Point of Sale Systems Analysis and Forecast
9.1 Introduction
9.2 North America Mobile Point of Sale Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mobile Point of Sale Systems Market Size Forecast by Type
9.6.1 Mobile Version
9.6.2 Computer Version
9.6.3 Tablet Version
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mobile Point of Sale Systems Market Size Forecast by Applications
9.10.1 Entertainment
9.10.2 Hospitality
9.10.3 Healthcare
9.10.4 Retail
9.10.5 Inventory and Warehousing
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mobile Point of Sale Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Mobile Point of Sale Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mobile Point of Sale Systems Market Size Forecast by Type
10.6.1 Mobile Version
10.6.2 Computer Version
10.6.3 Tablet Version
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mobile Point of Sale Systems Market Size Forecast by Applications
10.10.1 Entertainment
10.10.2 Hospitality
10.10.3 Healthcare
10.10.4 Retail
10.10.5 Inventory and Warehousing
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mobile Point of Sale Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mobile Point of Sale Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mobile Point of Sale Systems Market Size Forecast by Type
11.6.1 Mobile Version
11.6.2 Computer Version
11.6.3 Tablet Version
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mobile Point of Sale Systems Market Size Forecast by Applications
11.10.1 Entertainment
11.10.2 Hospitality
11.10.3 Healthcare
11.10.4 Retail
11.10.5 Inventory and Warehousing
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mobile Point of Sale Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Mobile Point of Sale Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mobile Point of Sale Systems Market Size Forecast by Type
12.6.1 Mobile Version
12.6.2 Computer Version
12.6.3 Tablet Version
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mobile Point of Sale Systems Market Size Forecast by Applications
12.10.1 Entertainment
12.10.2 Hospitality
12.10.3 Healthcare
12.10.4 Retail
12.10.5 Inventory and Warehousing
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mobile Point of Sale Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mobile Point of Sale Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mobile Point of Sale Systems Market Size Forecast by Type
13.6.1 Mobile Version
13.6.2 Computer Version
13.6.3 Tablet Version
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mobile Point of Sale Systems Market Size Forecast by Applications
13.10.1 Entertainment
13.10.2 Hospitality
13.10.3 Healthcare
13.10.4 Retail
13.10.5 Inventory and Warehousing
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mobile Point of Sale Systems Market: Competitive Dashboard
14.2 Global Mobile Point of Sale Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hewlett-Packard Company
14.3.2 Cisco Systems
14.3.3 MICROS Systems
14.3.4 Panasonic Corporation
14.3.5 Toshiba Corporation
14.3.6 VeriFone Systems
14.3.7 PAX Technology Limited
14.3.8 Samsung Electronics
14.3.9 First Data Corporation
