Market Overview:
The global mobile POS machine market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mobile POS machines from various end-use industries, such as BFSI, logistics, retail, medical & healthcare, restaurant and hotel, and others. In addition, the growing trend of digital payments is also contributing to the growth of this market. Based on type, the global mobile POS machine market can be segmented into ordinary mobile POS machines and smart mobile POS machines. Ordinary mobile POS machines are low-cost devices that are used for basic transactions such as swiping cards or scanning QR codes. Smart MobilePOS Machines are more advanced devices that offer features such as NFC payments and cloud-based reporting. These devices offer enhanced security features and help businesses reduce their processing time significantly. and others). Among these applications segments..
Product Definition:
A Mobile POS Machine is a device that allows businesses to process transactions using a mobile device, such as a smartphone or tablet. This can be helpful for businesses who are on the go and need to take payments from customers in person. It can also be helpful for businesses who have limited space in their store and do not have room for traditional point-of-sale terminals.
Ordinary Mobile POS Machine:
The global ordinary mobile POS machine, it's usage and growth factor in the mobile POS machine market is expected to be driven by the increasing demand for contactless payment technology. The growing adoption of smartphones coupled with rising consumer preference for a cashless economy is anticipated to drive the demand over the forecast period. Moreover, benefits offered by mPOS machines such as ease of use and flexibility are further expected to propel industry growth over the next seven years.
Smart Mobile POS Machine:
Smart mobile POS machine is a combination of tablet and smartphone that allows the merchants to interact with the payment terminal. The device has an application which helps in communication between mPOS terminals and smartphones. This application enables users to perform various functions such as adding funds, managing loyalty programs, tracking sales, etc.
Application Insights:
The retail segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing consumer spending on luxury goods and services, coupled with rising adoption of mPOS systems in high-end retail stores. Furthermore, technological advancements such as cloud-based solutions are expected to drive industry growth further.
The growing e-commerce industry has resulted in increased demand for payment processing solutions, which is anticipated to fuel the product demand over the forecast period. Mobile POS offers various benefits including ease of use while handling multiple tasks simultaneously along with enhanced customer experience by reducing counter waiting time and improving service quality across all channels including online, mobile app, physical store & warehouse locations and call centers. These factors are likely to propel its demand from e-commerce companies over the coming years which will eventually benefit overall market growth during this period.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing penetration of smartphones, improved internet and communication network infrastructure, and rising adoption of emerging technologies such as Artificial Intelligence (AI), machine learning, and robotics. Moreover, growing demand for mobile POS machines from developing countries such as India is further anticipated to drive the regional market growth over the forecast period.
The European region accounted for more than 20% revenue share in 2017 owing to high acceptance of advanced technologies among users coupled with early adoption of mobile payment solutions across various industries in this region. Furthermore, presence of major technology players such as NCR Corporation; Samsung Electronics Co., Ltd.; Visa Inc.; American Express Company; Braintree Inc.; Paypal Holdings Inc.; and others has contributed significantly towards industry development since 2007 when M-Pay started operating in Europe thus making it one of the largest regions globally by revenue generation since 2012 till date.
Growth Factors:
- Increasing demand for mobile POS machines from small and medium-sized businesses (SMBs) due to the growing trend of online shopping and the need for fast, efficient, and secure payment processing.
- The increasing demand for mPOS devices that are equipped with NFC technology, which allows customers to make contactless payments using their smartphones or other mobile devices.
- The growing popularity of cloud-based POS systems among small business owners due to the lower cost and increased flexibility offered by these systems.
- The increasing use of mobile POS machines in retail environments as a way to improve customer service and increase sales volume.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile POS Machine Market Research Report
By Type
Ordinary Mobile POS Machine, Smart Mobile POS Machine
By Application
BFSI, Logistics, Retail, Medical & Healthcare, Restaurant and Hotel, Others
By Companies
Intermec, Motorola Solutions, Fuzion Mobile Computer, Bizsoft Computer Technology Co. Ltd, Kaching Mobile, Fersion Computer Technology Co.Ltd, Fujitsu Ltd, Casio, Honeywell Scanning And Mobility, Cybernet And Oracle
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Mobile POS Machine Market Report Segments:
The global Mobile POS Machine market is segmented on the basis of:
Types
Ordinary Mobile POS Machine, Smart Mobile POS Machine
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
BFSI, Logistics, Retail, Medical & Healthcare, Restaurant and Hotel, Others
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:
- Intermec
- Motorola Solutions
- Fuzion Mobile Computer
- Bizsoft Computer Technology Co. Ltd
- Kaching Mobile
- Fersion Computer Technology Co.Ltd
- Fujitsu Ltd
- Casio
- Honeywell Scanning And Mobility
- Cybernet And Oracle
Highlights of The Mobile POS Machine 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:
- Ordinary Mobile POS Machine
- Smart Mobile POS Machine
- By Application:
- BFSI
- Logistics
- Retail
- Medical & Healthcare
- Restaurant and Hotel
- Others
- 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 POS Machine 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?
A Mobile POS Machine is a small, portable device that can be used to process transactions at point of sale. They are typically equipped with a scanner and an electronic cash register, which allows merchants to accept payments from customers without having to leave their positions.
Some of the key players operating in the mobile pos machine market are Intermec, Motorola Solutions, Fuzion Mobile Computer, Bizsoft Computer Technology Co. Ltd, Kaching Mobile, Fersion Computer Technology Co.Ltd, Fujitsu Ltd, Casio, Honeywell Scanning And Mobility, Cybernet And Oracle.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile POS Machine 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 POS Machine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Mobile POS Machine 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 POS Machine 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 POS Machine Market Size & Forecast, 2020-2028 4.5.1 Mobile POS Machine Market Size and Y-o-Y Growth 4.5.2 Mobile POS Machine Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Ordinary Mobile POS Machine
5.2.2 Smart Mobile POS Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Logistics
6.2.3 Retail
6.2.4 Medical & Healthcare
6.2.5 Restaurant and Hotel
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobile POS Machine 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 POS Machine 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Ordinary Mobile POS Machine
9.6.2 Smart Mobile POS Machine
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 Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Logistics
9.10.3 Retail
9.10.4 Medical & Healthcare
9.10.5 Restaurant and Hotel
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Ordinary Mobile POS Machine
10.6.2 Smart Mobile POS Machine
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 Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Logistics
10.10.3 Retail
10.10.4 Medical & Healthcare
10.10.5 Restaurant and Hotel
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Ordinary Mobile POS Machine
11.6.2 Smart Mobile POS Machine
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 Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Logistics
11.10.3 Retail
11.10.4 Medical & Healthcare
11.10.5 Restaurant and Hotel
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Ordinary Mobile POS Machine
12.6.2 Smart Mobile POS Machine
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 Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Logistics
12.10.3 Retail
12.10.4 Medical & Healthcare
12.10.5 Restaurant and Hotel
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Ordinary Mobile POS Machine
13.6.2 Smart Mobile POS Machine
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) Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Logistics
13.10.3 Retail
13.10.4 Medical & Healthcare
13.10.5 Restaurant and Hotel
13.10.6 Others
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 POS Machine Market: Competitive Dashboard
14.2 Global Mobile POS Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intermec
14.3.2 Motorola Solutions
14.3.3 Fuzion Mobile Computer
14.3.4 Bizsoft Computer Technology Co. Ltd
14.3.5 Kaching Mobile
14.3.6 Fersion Computer Technology Co.Ltd
14.3.7 Fujitsu Ltd
14.3.8 Casio
14.3.9 Honeywell Scanning And Mobility
14.3.10 Cybernet And Oracle