Mobile Point-of-Sale (mPOS) Market, By Solution Type (Integrated mPOS Solutions, Card Reader Accessories (Dongles, Sleeves)), By Technology (Hybrid Technology Solutions, EMV Chip and Pin, Magnetic-Stripe, Chip and Sign, NFC, Biometrics), By End-use (Restaurant, Hospitality, Healthcare, Retail, Warehouse/Distribution, Entertainment, Transportation (Public Transit, Others), Government, Consumer Utility Services), By Region (China, India, Brazil, Mexico, Rest of the World (RoW)) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
With the integration of the mPOS system into an existing business process, it allows the operation of cash registers, sales counters, check readers, product displays, gift items displays and electronic check readers, all in one place. This increases sales capacity and efficiency, reduces errors and incurs minimal operational costs. By reducing staffing requirements and increasing employee productivity, this is expected to increase overall profits. In the long run, this will prove to be a very cost-effective solution for businesses that want to increase their sales.
Increasing investment in payment smart cards is expected to propel growth of the global mobile point-of-sale (mPOS) market over the forecast period. For instance, in May 2021, Privacy.com announced that it has changed its name to Lithic and raised US$ 43 million in Series B funding led by Bessemer Venture Partners to double down on its card issuing platform and new B2B focus.
Major players in the global mobile point-of-sale (mPOS) market are focused on adopting various marketing strategies to expand their customer base. For instance, in March 2021, Epson announced to present a complete suite of essential and innovative technology solutions at MURTEC, the multi-unit restaurant technology conference.
Key features of the study:
This report provides in-depth analysis of the global mobile point-of-sale (mPOS) market, and provides market size (Million Units) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global mobile point-of-sale (mPOS) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Ingenico S.A., PayPal Holdings, Inc., PAX Technology Ltd, iZettle AB, Oracle Corporation, First Data Corporation, Worldline S.A., VeriFone Systems, Inc., Intuit, Inc., Anderson Zaks, Hewlett-Packard Development Company L.P., and Toshiba Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global mobile point-of-sale (mPOS) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global mobile point-of-sale (mPOS) market
Global Mobile Point-of-Sale (mPOS) Market, By Solution Type
Integrated mPOS Solutions
Card Reader Accessories
Global Mobile Point-of-Sale (mPOS) Market, By Technology
Hybrid Technology Solutions
EMV Chip and Pin
Chip and Sign
Global Mobile Point-of-Sale (mPOS) Market, By End-use
Consumer Utility Services
Global Mobile Point-of-Sale (mPOS) Market, By Region
Rest of the World (RoW)
PayPal Holdings, Inc.
PAX Technology Ltd.
First Data Corporation
VeriFone Systems, Inc.
Hewlett-Packard Development Company L.P.
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