Global Mobile POS Terminal Device Market Growth 2025-2031

The global Mobile POS Terminal Device market size is predicted to grow from US$ 3888 million in 2025 to US$ 6699 million in 2031; it is expected to grow at a CAGR of 9.5% from 2025 to 2031.

A Mobile POS Terminal Device (also known as a Mobile Point of Sale Terminal or mPOS Terminal) is a portable, handheld device used by businesses to process payments and manage transactions in real-time, typically via mobile devices like smartphones or tablets. These devices are equipped with hardware and software that enable them to accept a variety of payment methods, such as credit/debit cards, contactless payments (e.g., NFC), QR codes, and mobile wallets, all without the need for traditional cash registers or fixed-location point-of-sale systems.

The Mobile POS (mPOS) terminal market has been evolving rapidly due to the increasing demand for flexibility, convenience, and contactless payment options across various industries. Some of the key trends currently shaping the market include:

The global adoption of contactless payments (via NFC technology) is accelerating. Consumers and businesses are increasingly preferring this method due to its speed, ease of use, and hygiene benefits, especially following the COVID-19 pandemic.

Many mobile POS systems now support NFC-enabled cards, smartphones, and wearables (e.g., Apple Pay, Google Pay) for tap-and-go payments.

There's a growing preference for cloud-based POS systems because they allow businesses to manage their sales, inventory, and customer data remotely. This flexibility is especially beneficial for businesses with multiple locations or those that need real-time data access.

Cloud-based solutions often come with lower upfront costs and flexible subscription models, making them attractive to small and medium-sized enterprises (SMEs).

Modern mobile POS machines are being integrated with various business management tools, including inventory management, CRM (customer relationship management) systems, and accounting software. This makes it easier for businesses to track everything from sales to customer preferences in real time.

For instance, integrated loyalty programs and advanced reporting features are becoming standard, providing businesses with better insights into consumer behavior.

mPOS systems are increasingly popular among SMEs because they are cost-effective and scalable. Many small businesses, such as food trucks, pop-up shops, and independent retailers, are adopting these systems to manage transactions without investing in traditional, expensive POS infrastructure.

As mobile payments grow, so does the concern for cybersecurity. Mobile POS systems are now incorporating advanced encryption methods, such as EMV (Europay, MasterCard, and Visa) standards, to protect customer payment data and prevent fraud.

With the rise of mobile payments, biometric authentication and multi-factor authentication (MFA) are also gaining popularity to ensure secure transactions.

The mPOS market is expanding in emerging economies, particularly in Asia Pacific, Latin America, and Africa. With the rise of mobile penetration and growing e-commerce, businesses in these regions are embracing mobile POS systems for efficient and affordable payment processing.

The adoption of mobile payments in countries with less access to traditional banking infrastructure is particularly high.

LP Information, Inc. (LPI) ' newest research report, the “Mobile POS Terminal Device Industry Forecast” looks at past sales and reviews total world Mobile POS Terminal Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Mobile POS Terminal Device sales for 2025 through 2031. With Mobile POS Terminal Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mobile POS Terminal Device industry.

This Insight Report provides a comprehensive analysis of the global Mobile POS Terminal Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mobile POS Terminal Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mobile POS Terminal Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mobile POS Terminal Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mobile POS Terminal Device.

This report presents a comprehensive overview, market shares, and growth opportunities of Mobile POS Terminal Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Smart POS
Non-smart POS

Segmentation by Application:
Retail
Restaurant
Hospitality
Entertainment
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Newland NPT
PAX Technology
New POS Technology
Verifone
Ingenico (Worldline)
Shenzhen Xinguodu Technology
Wuhan Tianyu Information
BBPOS
Centerm
MoreFun Electronic Technology
Posiflex Technology
NCR Voyix
Beijing Shenzhou Anfu Technology
Datecs
SZZT
ADVANTECH-AURES
Miura Systems
PayCore
Bitel
Square
Touch Dynamic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mobile POS Terminal Device market?

What factors are driving Mobile POS Terminal Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mobile POS Terminal Device market opportunities vary by end market size?

How does Mobile POS Terminal Device break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.