Global PoS Mobile Card Reader Market 2018-2022

Global PoS Mobile Card Reader Market 2018-2022

About POS Mobile Card Reader

Point-of-sale (PoS) systems are devices that ensure cashless transaction of goods and merchandise. These systems are used extensively by the retail and hospitality sectors, and MSMEs, to make transactions simpler and easier. The use of these systems enhances the overall shopping experience by reducing the payment processing time and providing vital information about the consumers' buying behavior to the companies that use such systems. They can also help retailers and MSMEs to manage information about their inventories, customers, and cash flow.

Technavio’s analysts forecast the global POS mobile card reader market to grow at a CAGR of 44.85% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global POS mobile card reader market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global POS Mobile Card Reader Market 2018-2022, 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
  • PayPal
  • Square
  • Verifone
Other prominent vendors
  • Clover Network
  • Electronic Merchant Systems
  • Etsy
  • eWay
  • Ezetap
  • First Data Merchant Solutions
  • Intuit
  • iZettle
  • JUSP
  • LifePay
  • mSwipe
  • Miura System
  • PayAnywhere
  • Shopify
  • SumUp
  • Tappr
Market driver
  • Lower costs of mobile card reader devices when compared with conventional card machines
  • For a full, detailed list, view our report
Market trend
  • Incorporation of artificial intelligence
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global POS Mobile Card Reader Market 2018-2022

Technavio recognizes the following companies as the key players in the global POS mobile card reader market: Ingenico, PayPal, Square, and Verifone

Other Prominent Vendors in the market are: Clover Network, Electronic Merchant Systems, Etsy, eWay, Ezetap, First Data Merchant Solutions, Intuit, iZettle, JUSP, LifePay, mSwipe, Miura Systems, PayAnywhere, Shopify, SumUp, and Tappr.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is incorporation of artificial intelligence. Digital and mobile payments are increasingly gaining traction in the supply chain of consumer goods and services. A whole new world of possibilities opens up when personalized connections between customer and merchant are made available through mobile technologies and artificial intelligence (Al).”

According to the report, one driver in the market is lower costs of mobile card reader devices when compared with conventional card machines. One of the primary drivers for the growing adoption of PoS mobile card readers is the low cost of the device in comparison to conventional card readers. For instance, an Ethernet credit card reader would cost $299; however, a PoS mobile card reader would, on an average, cost just $38.36. The comparatively lower cost of the device is what makes PoS mobile card readers a preferred option for small and medium enterprise (SME) businesses.

Companies Mentioned

Ingenico, PayPal, Square, Verifone, Clover Network, Electronic Merchant Systems, Etsy, eWay, Ezetap, First Data Merchant Solutions, Intuit, iZettle, JUSP, LifePay, mSwipe, Miura Systems, PayAnywhere, Shopify, SumUp, and Tappr.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market terminologies
    • Table MSMEs defined by number of employees
  • Introduction
    • Market outline
      • Table Workflow of a PoS system
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global PoS systems market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market landscape
      • Table Counterfeit fraud liability
      • Table Lost or stolen fraud liability
      • Table EMV terminal penetration in US 2017-2022 (% penetration)
      • Table PoS systems transaction process
      • Table Ecosystem of PoS terminals
      • Table Mobile card reader supply chain
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global – Market size and forecast 2017-2022 ($ billions)
      • Table Global – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by technology
    • Segmentation by technology
      • Table Technology – Market share 2017-2022 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Contact technology
    • Contactless or NFC technology
  • Market segmentation by product
    • Segmentation by product
      • Table Product – Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • EMV – Market size and forecast 2017-2022
      • Table EMV – Market size and forecast 2017-2022 ($ billions)
      • Table EMV – Year-over-year growth 2018-2022 (%)
    • Non-EMV – Market size and forecast 2017-2022
      • Table Non-EMV – Market size and forecast 2017-2022 ($ billions)
      • Table Non-EMV – Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Market segmentation by revenue source
    • Segmentation by revenue source
      • Table Revenue source – Market share 2017-2022 (%)
    • Comparison by revenue source
      • Table Comparison by revenue source
    • Service cost – Market size and forecast 2017-2022
      • Table Service cost – Market size and forecast 2017-2022 ($ billions)
      • Table Service cost – Year-over-year growth 2018-2022 (%)
    • Hardware – Market size and forecast 2017-2022
      • Table Hardware – Market size and forecast 2017-2022 ($ billions)
      • Table Hardware – Year-over-year growth 2018-2022 (%)
    • Market opportunity by revenue source
      • Table Market opportunity by revenue source
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Large enterprises – Market size and forecast 2017-2022
      • Table Large enterprises – Market size and forecast 2017-2022 ($ billions)
      • Table Large enterprises – Year-over-year growth 2018-2022 (%)
    • MSMEs – Market size and forecast 2017-2022
      • Table MSMEs – Market size and forecast 2017-2022 ($ billions)
      • Table MSMEs – Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Regional landscape – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ billions)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ billions)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ billions)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Cost of PoS mobile card readers offered by various vendors
      • Table Fee types charged for transactions of mobile card readers and banks
      • Table Share of MSMEs by major countries/regions 2017 (%)
      • Table Country-wise smartphone penetration levels 2016 (%)
    • Market challenges
  • Market trends
    • Incorporation of artificial intelligence
    • Increased adoption of contactless payments
      • Table Contactless payment systems using mobile devices 2017-2022
    • Value-added benefits in PoS mobile card readers
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
    • Other prominent vendors
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ingenico
      • Table Ingenico overview
      • Table Ingenico – Organizational developments
      • Table Ingenico – Geographic focus
      • Table Ingenico – Segment focus
      • Table Ingenico – Key offerings
    • PayPal
      • Table PayPal overview
      • Table PayPal – Organizational developments
      • Table PayPal – Geographic focus
      • Table PayPal – Segment focus
      • Table PayPal – Key offerings
    • Square
      • Table Square overview
      • Table Square – Organizational developments
      • Table Square – Geographic focus
      • Table Square – Segment focus
      • Table Square – Key offerings
    • Verifone
      • Table Verifone overview
      • Table Verifone– Business segments
      • Table Verifone – Organizational developments
      • Table Verifone – Geographic focus
      • Table Verifone – Segment focus
      • Table Verifone – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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