The global mPOS terminal market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing adoption of mobile POS terminals in various industries such as retail, hospitality, healthcare, transportation and sports & entertainment. The increasing penetration of smartphones and tablets in these industries has led to an increase in the demand for mPOS terminals. Moreover, with the introduction of new technologies such as NFC (Near Field Communication) and biometrics-based authentication systems for payments, there is a growing need for mPOS terminals that are compatible with these technologies. The global mPOS terminal market by type is segmented into hardware and software & services segments. The hardware segment accounted for over 50% share in 2017 owing to its high cost-effectiveness factor which makes it more suitable for small businesses or start-ups that cannot afford expensive POS software licenses or services charges. However, this trend is expected to change over time as more companies adopt cloud-based POS solutions which are cheaper than traditional onsite solutions due to their lower maintenance costs and reduced need for IT infrastructure investments.
Some Of The Growth Factors Of This Market:
- The mPOS terminal market is driven by the increasing demand for mobile payments and the need for retailers to offer more payment options to customers.
- The mPOS terminal market is also driven by the increasing number of retailers that are adopting mobile payments as a way to increase customer satisfaction and loyalty, which in turn increases revenue opportunities for these retailers.
- Increasing smartphone penetration rates will also drive growth in the mPOS terminal market, as smartphones are used as an alternative payment method due to their convenience and ease of use when compared with traditional methods such as cash or credit cards.
- Increasing adoption rates of contactless payments will also drive growth in the mPOS terminal market, as contactless payments are becoming more popular among consumers due to their convenience and speed.
Industry Growth Insights published a new data on “mPOS Terminal Market”. The research report is titled “mPOS Terminal Market research by Types (Hardware, POS Software & Services), By Applications (Retail, Hospitality, Healthcare, Transportation, Sports & Entertainment, Other), By Players/Companies Ingenico , Verifone, First Data, PAX Global Technology, NCR Corporation, Diebold Nixdorf, BBPOS, Elavon, Castles Technology, Winpos, BITEL, Cegid Group, Squirrel Systems, Newland Payment , CITIXSYS AMERICAS”.
Scope Of The Report
Report Attributes
Report Details
Report Title
mPOS Terminal Market Research Report
By Type
Hardware, POS Software & Services
By Application
Retail, Hospitality, Healthcare, Transportation, Sports & Entertainment, Other
By Companies
Ingenico , Verifone, First Data, PAX Global Technology, NCR Corporation, Diebold Nixdorf, BBPOS, Elavon, Castles Technology, Winpos, BITEL, Cegid Group, Squirrel Systems, Newland Payment , CITIXSYS AMERICAS
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global mPOS Terminal Market Report Segments:
The global mPOS Terminal market is segmented on the basis of:
Types
Hardware, POS Software & Services
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
Retail, Hospitality, Healthcare, Transportation, Sports & Entertainment, 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:
- IngenicoÂ
- Verifone
- First Data
- PAX Global Technology
- NCR Corporation
- Diebold Nixdorf
- BBPOS
- Elavon
- Castles Technology
- Winpos
- BITEL
- Cegid Group
- Squirrel Systems
- Newland PaymentÂ
- CITIXSYS AMERICAS
Highlights of The mPOS Terminal 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:
- Hardware
- POS Software & Services
- By Application:
- Retail
- Hospitality
- Healthcare
- Transportation
- Sports & Entertainment
- 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 mPOS Terminal 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?
mPOS Terminal is a mobile point-of-sale terminal that allows merchants to accept payments from customers through smartphones and tablets. mPOS terminals can be used in retail stores, restaurants, convenience stores, and other businesses.
Some of the major companies in the mpos terminal market are Ingenico‚Â , Verifone, First Data, PAX Global Technology, NCR Corporation, Diebold Nixdorf, BBPOS, Elavon, Castles Technology, Winpos, BITEL, Cegid Group, Squirrel Systems, Newland Payment‚Â , CITIXSYS AMERICAS.
The mpos terminal market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. mPOS Terminal Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. mPOS Terminal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. mPOS Terminal Market - Supply Chain
4.5. Global mPOS Terminal Market Forecast
4.5.1. mPOS Terminal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. mPOS Terminal Market Size (000 Units) and Y-o-Y Growth
4.5.3. mPOS Terminal Market Absolute $ Opportunity
5. Global mPOS Terminal Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. mPOS Terminal Market Size and Volume Forecast by Type
5.3.1. Hardware
5.3.2. POS Software & Services
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global mPOS Terminal Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. mPOS Terminal Market Size and Volume Forecast by Application
6.3.1. Retail
6.3.2. Hospitality
6.3.3. Healthcare
6.3.4. Transportation
6.3.5. Sports & Entertainment
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global mPOS Terminal Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. mPOS Terminal Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global mPOS Terminal Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. mPOS Terminal Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global mPOS Terminal Demand Share Forecast, 2019-2026
9. North America mPOS Terminal Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America mPOS Terminal Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America mPOS Terminal Market Size and Volume Forecast by Application
9.4.1. Retail
9.4.2. Hospitality
9.4.3. Healthcare
9.4.4. Transportation
9.4.5. Sports & Entertainment
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America mPOS Terminal Market Size and Volume Forecast by Type
9.7.1. Hardware
9.7.2. POS Software & Services
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America mPOS Terminal Demand Share Forecast, 2019-2026
10. Latin America mPOS Terminal Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America mPOS Terminal Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America mPOS Terminal Market Size and Volume Forecast by Application
10.4.1. Retail
10.4.2. Hospitality
10.4.3. Healthcare
10.4.4. Transportation
10.4.5. Sports & Entertainment
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America mPOS Terminal Market Size and Volume Forecast by Type
10.7.1. Hardware
10.7.2. POS Software & Services
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America mPOS Terminal Demand Share Forecast, 2019-2026
11. Europe mPOS Terminal Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe mPOS Terminal Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe mPOS Terminal Market Size and Volume Forecast by Application
11.4.1. Retail
11.4.2. Hospitality
11.4.3. Healthcare
11.4.4. Transportation
11.4.5. Sports & Entertainment
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe mPOS Terminal Market Size and Volume Forecast by Type
11.7.1. Hardware
11.7.2. POS Software & Services
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe mPOS Terminal Demand Share, 2019-2026
12. Asia Pacific mPOS Terminal Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific mPOS Terminal Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific mPOS Terminal Market Size and Volume Forecast by Application
12.4.1. Retail
12.4.2. Hospitality
12.4.3. Healthcare
12.4.4. Transportation
12.4.5. Sports & Entertainment
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific mPOS Terminal Market Size and Volume Forecast by Type
12.7.1. Hardware
12.7.2. POS Software & Services
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific mPOS Terminal Demand Share, 2019-2026
13. Middle East & Africa mPOS Terminal Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa mPOS Terminal Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa mPOS Terminal Market Size and Volume Forecast by Application
13.4.1. Retail
13.4.2. Hospitality
13.4.3. Healthcare
13.4.4. Transportation
13.4.5. Sports & Entertainment
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa mPOS Terminal Market Size and Volume Forecast by Type
13.7.1. Hardware
13.7.2. POS Software & Services
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa mPOS Terminal Demand Share, 2019-2026
14. Competition Landscape
14.1. Global mPOS Terminal Market: Market Share Analysis
14.2. mPOS Terminal Distributors and Customers
14.3. mPOS Terminal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ingenico
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Verifone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. First Data
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PAX Global Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NCR Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Diebold Nixdorf
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BBPOS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Elavon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Castles Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Winpos
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BITEL
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Cegid Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Squirrel Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Newland Payment
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. CITIXSYS AMERICAS
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook