Market Research Logo

Global Mobile EMV POS Terminals Market 2016-2020

Global Mobile EMV POS Terminals Market 2016-2020

About POS Terminals

POS terminals comprise both hardware and software and allow users to avail card payments directly without updating their cash registers. The cost of installing a terminal varies with the size of the business unit and the selling terms among the channel partners and suppliers. Segments such as pubs and take-out restaurants are integrating POS terminals in comparatively less volumes. Thus, the cost of installation is comparatively lower for these units. The demand for POS terminals is increasing because of the growing payment services and the use of debit or credit cards for safe and secure transactions among small- and medium-sized enterprises such as small hotels and restaurants.

Technavio’s analysts forecast the global mobile EMV POS terminals market to grow at a CAGR of 17.87% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global mobile EMV POS terminals market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of mobile EMV POS terminals, transaction fees, and other fees such as monthly fees charged by vendors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mobile EMV POS Terminals Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ingenico
  • PAX Technology
  • SZZT
  • Verifone
Other prominent vendors
  • Atos Worldline
  • CyberNet
  • Equinox Payments
  • First Data
  • NCR
  • Spire Payments
Market driver
  • Rising regulatory intervention on secure payments
  • For a full, detailed list, view our report
Market challenge
  • Growing number of online transactions
  • For a full, detailed list, view our report
Market trend
  • Increased adoption of cloud-based solutions
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Mobile EMV POS Terminals Market 2016-2020

Technavio recognizes the following companies as the key players in the global mobile EMV POS terminals market: Ingenico, PAX Technology, SZZT, and Verifone.

Other Prominent Vendors in the market are: Atos Worldline, CyberNet, Equinox Payments, First Data, NCR, and Spire Payments.

Commenting on the report, an analyst from Technavio’s team said: “Increased demand for value-added services will be a key trend for market growth. Conventional mobile EMV POS terminal vendors such as Ingenico and Verifone are providing different value-added services to their customers in the form of analytics, inventory management, advertising and marketing assistance, and other related consulting services. This has not only helped them increase the customer base but also retain the existing customers. Vendors are focusing on offering different value-added services using card transaction data. Inventory management, sales reports, analytical tools, and receipts management are some of the services provided by vendors. Many vendors are providing these services for free, while some charge a monthly service fee. These add-on services provide immense value to MSMEs but lack in terms of analytics, especially for large businesses. However, as the target market is largely MSMEs, offering such services is a solid strategy for vendors.”

According to the report, increasing number of card transactions will be a key driver for market growth. The increase in the use of credit and debit cards for payment transactions by consumers is encouraging the vendors to adopt payment mechanisms involving cards. In addition, consumers will use cards and digital money as a mode of payment more often than cash. This encourages mobile card readers to invest in the technology and market, with the assurance that merchants and consumers will process payments through card transactions.

Further, the report states that multiple instances of credit and debit card fraud continue to be a major challenge for stakeholders in the market. The most acutely affected stakeholders were banks until 2015. However, with the liability shift policy, merchants are liable for losses due to fraudulent activities involving card transactions. A large number of major economies such as Japan, Germany, the UK, and France are EMV compliant. However, countries such as the US, India, and China have yet to fully shift to EMV standards.

Companies Mentioned

Ingenico, PAX Technology, SZZT, Verifone, Atos Worldline, CyberNet, Equinox Payments, First Data, NCR, and Spire Payments.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Definitions
      • Table MSME categories
    • Base year and forecast period
    • Compliance segmentation
    • Product segmentation
    • End-user segmentation
    • Geographical segmentation
      • Table Major countries covered
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Workflow of POS terminals
  • Market landscape
    • Market overview
      • Table Market overview of global mobile EMV POS terminals 2015
    • POS industry overview
      • Table POS terminals transaction process
      • Table Ecosystem of POS terminals
      • Table Supply chain
      • Table Scenarios of counterfeit fraud liability shift
      • Table Lost or stolen fraud liability shift
    • Market size and forecast
      • Table Global POS terminals market by revenue 2015-2020 ($ billions)
      • Table Percentage share of MSMEs by major countries/regions 2015
      • Table Global POS terminals market by unit shipment 2015-2020 (millions of units)
      • Table ASP of mobile EMV POS terminals 2015-2020 ($)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by EMV compliance
    • Table Global mobile POS terminals market by EMV compliance (% share) 2015-2020
    • Table Cost benefit analysis of EMV POS terminals 2015
  • Market segmentation by end-user
    • Table Global mobile EMV POS terminals market by end-user (% share) 2015-2020
    • Hospitality
      • Table Global mobile EMV POS terminals market by hospitality sector ($ billions) 2015-2020
    • Retail
      • Table Global mobile EMV POS terminals market segmentation by retail sector 2015-2020 ($ billions)
  • Geographical segmentation
    • Table Global mobile EMV POS terminals market by geography 2015-2020 (% share)
    • Table Global mobile EMV POS terminals market by geography by revenue 2015-2020 ($ millions)
  • Market drivers
    • Increasing number of card transactions
      • Table Payment transaction methods used by consumers globally 2015 and 2020 (% share)
      • Table Global volume of payment cards 2015-2020 (billions of units)
      • Table Global transaction volume of payment cards 2015-2020 ($ trillions)
    • Wider adoption of contactless payment systems
      • Table Number of mobile devices with NFC technology 2015-2020 (billions of units)
      • Table Number of mobile devices with NFC technology 2015-2020 (millions of units)
    • Rising regulatory intervention on secure payments
      • Table Global POS terminals market by transaction type 2015 and 2020 (% share)
    • Increasing e-commerce transactions
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Increased adoption of mobile card readers
      • Table Global mobile card reader market 2015-2020 ($ billions)
    • Increase in payment-card-related fraud
      • Table Global payment card fraud losses 2015-2020 ($ billions)
      • Table Payment card fraud losses in US 2015-2020 ($ billions)
    • Misconceptions regarding EMV POS terminals
    • Growing number of online transactions
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increased demand for value-added services
    • Increased adoption of cloud-based solutions
    • Emergence of big data management
  • Vendor landscape
    • Competitive scenario
    • Major vendors
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report