
mPOS Terminal Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Description
mPOS Terminal Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
mPOS Terminal Market size will record over 9% CAGR from 2024 to 2032, majorly propelled by rapid innovations for enhancing functionality and user experience. For instance, in June 2024, Castles Technology introduced MP200 – NexGen MobilPay™, its new mPOS device to allow businesses of all sizes to take payments on the move. The incorporation of features, such as real-time data analytics, advanced security measures, cloud integration, and AI-driven insights in mPOS terminals is providing businesses with valuable tools for operational efficiency and customer engagement. The easy access to customizable and personalized mPOS solutions to meet the specific needs of different industries and businesses will boost the industry growth.
The mPOS terminal industry is segmented into component, product, deployment model, technology, application, and region.
By product, the industry value from the tablet segment may witness lucrative growth through 2032. mPOS terminal tablets offer businesses the flexibility to process transactions anywhere for enhancing the customer experience, making them beneficial for companies that operate outside traditional retail environments, such as food trucks, pop-up shops, and outdoor markets. These tablets are also user-friendly and can be quickly deployed for reducing the training time required for employees.
With respect to application, the mPOS terminal market size from the hospitality segment will record expansion from 2024 to 2032, owing to their benefits of versatility, mobility, and the ability to enhance customer service. mPOS terminals enable the waitstaff to take orders and process payments directly at the table, thereby reducing the wait times by minimizing errors in order taking and enhancing the overall dining experience. Ease of quick and efficient processing of transactions in events and banquets will also boost the segment growth.
Europe mPOS terminal industry share will expand through 2032 due to the rapid growth of the hospitality sector, including restaurants, cafes, and hotels. Compliance with EU’s stringent regulatory standards, such as the General Data Protection Regulation (GDPR) and Payment Services Directive 2 (PSD2) is also shaping the development and adoption of mPOS systems in the region. The rise in the number of small and medium-sized enterprises (SME) will play a key role in the market growth.
Table of Contents
170 Pages
- Chapter 1 Research Methodology
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimates
- 1.3 Forecast model
- 1.4 Primary research & validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
- 1.5 Market definitions
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2021-2034
- 2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2025 - 2034
- 2.2.1.1 TAM trends
- 2.3 Regional trends
- 2.4 Technology trends
- 2.5 Location trends
- 2.6 Type trends
- 2.7 End-Use trends
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Mobile payment service providers
- 3.1.2 Banks and financial institutions
- 3.1.3 Merchants and Retailers
- 3.1.4 Regulatory bodies and governments
- 3.1.5 End users
- 3.2 Supplier landscape
- 3.2.1 Supplier landscape
- 3.3 Technology and innovation landscape
- 3.3.2 Payment Gateway
- 3.3.3 Cloud-based mobile payment solutions
- 3.3.4 Biometric authentication
- 3.4 Patent analysis
- 3.5 Key news and initiatives
- 3.6 Regulatory landscape
- 3.6.1 North America
- 3.6.2 Europe
- 3.6.3 Asia Pacific
- 3.6.4 Latin America
- 3.6.5 MEA
- 3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Growing e-commerce businesses
- 3.7.1.2 Rising smartphone users across the globe
- 3.7.1.3 Rise of mobile wallets and digital currencies
- 3.7.1.4 The rising digitization of payment services
- 3.7.2 Industry pitfalls and challenges
- 3.7.2.1 Supply chain disruptions and high return rates
- 3.7.2.2 Privacy and data protection concerns
- 3.8 Growth potential analysis
- 3.9 Porter's analysis
- 3.10 PESTEL analysis
- Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Mobile Payment Market, By Technology
- 5.1 Key trends
- 5.2 Near Field Communication (NFC)
- 5.3 Direct mobile billing
- 5.4 Mobile web payment
- 5.5 SMS
- 5.6 Interactive voice response system
- 5.7 Mobile app
- 5.8 Others
- Chapter 6 Mobile Payment Market, By Location
- 6.1 Key trends
- 6.2 Proximity payment
- 6.3 Remote payment
- Chapter 7 Mobile Payment Market, By Type
- 7.1 Key trends
- 7.2 B2B
- 7.3 B2C
- 7.4 B2G
- 7.5 Others
- Chapter 8 Mobile Payment Market, By End Use
- 8.1 Key trends
- 8.2 BFSI
- 8.3 Healthcare
- 8.4 IT & Telecom
- 8.5 Media and Entertainment
- 8.6 Retail & E-commerce
- 8.7 Transportation
- 8.8 Others
- Chapter 9 Mobile Payment Market, By Region
- 9.1 Key trends
- 9.2 North America
- 9.3 Europe
- 9.4 Asia Pacific
- 9.5 Latin America
- 9.6 MEA
- Chapter 10 Company Profile
- 10.1 Alibaba Group Holdings Limited
- 10.1.1 Global Overview
- 10.1.2 Market/Business Overview
- 10.1.3 Financial Data
- 10.1.3.1 Sales Revenue, 2022-2024
- 10.1.4 Product Landscape
- 10.1.5 Strategic Outlook
- 10.1.6 SWOT Analysis
- 10.2 Amazon
- 10.2.1 Global Overview
- 10.2.2 Market/Business Overview
- 10.2.3 Financial Data
- 10.2.3.1 Sales Revenue, 2020-2023
- 10.2.4 Product Landscape
- 10.2.5 Strategic Outlook
- 10.2.6 SWOT Analysis
- 10.3 American Express Company
- 10.3.1 Global Overview
- 10.3.2 Market/Business Overview
- 10.3.3 Financial Data
- 10.3.3.1 Sales Revenue, 2022-2024
- 10.3.4 Product Landscape
- 10.3.5 Strategic Outlook
- 10.3.6 SWOT Analysis
- 10.4 Apple Inc.
- 10.4.1 Global Overview
- 10.4.2 Market/Business Overview
- 10.4.3 Financial Data
- 10.4.3.1 Sales Revenue, 2022-2024
- 10.4.4 Product Landscape
- 10.4.5 Strategic Outlook
- 10.4.6 SWOT Analysis
- 10.5 Google LLC
- 10.5.1 Global Overview
- 10.5.2 Market/Business Overview
- 10.5.3 Financial Data
- 10.5.3.1 Sales Revenue, 2021-2023
- 10.5.4 Product Landscape
- 10.5.5 Strategic Outlook
- 10.5.6 SWOT Analysis
- 10.6 JPMorgan Chase & Co.
- 10.6.1 Global Overview
- 10.6.2 Market/Business Overview
- 10.6.3 Financial Data
- 10.6.3.1 Sales Revenue, 2022-2024
- 10.6.4 Product Landscape
- 10.6.5 Strategic Outlook
- 10.6.6 SWOT Analysis
- 10.7 M Pesa
- 10.7.1 Global Overview
- 10.7.2 Market/Business Overview
- 10.7.3 Financial Data
- 10.7.4 Product Landscape
- 10.7.5 Strategic Outlook
- 10.7.6 SWOT Analysis
- 10.8 Mastercard Inc.
- 10.8.1 Global Overview
- 10.8.2 Market/Business Overview
- 10.8.3 Financial Data
- 10.8.3.1 Sales Revenue, 2022-2024
- 10.8.4 Product Landscape
- 10.8.5 Strategic Outlook
- 10.8.6 SWOT Analysis
- 10.9 Money Gram International
- 10.9.1 Global Overview
- 10.9.2 Market/Business Overview
- 10.9.3 Financial Data
- 10.9.3.1 Sales Revenue, 2021-2023
- 10.9.4 Product Landscape
- 10.9.5 Strategic Outlook
- 10.9.6 SWOT Analysis
- 10.10 One Communications Limited
- 10.10.1 Global Overview
- 10.10.2 Market/Business Overview
- 10.10.3 Financial Data
- 10.10.4 Product Landscape
- 10.10.5 SWOT Analysis
- 10.11 PayPal Inc.
- 10.11.1 Global Overview
- 10.11.2 Market/Business Overview
- 10.11.3 Financial Data
- 10.11.3.1 Sales Revenue, 2022-2024
- 10.11.4 Product Landscape
- 10.11.5 Strategic Outlook
- 10.11.6 SWOT Analysis
- 10.12 PayU
- 10.12.1 Global Overview
- 10.12.2 Market/Business Overview
- 10.12.3 Financial Data
- 10.12.4 Product Landscape
- 10.12.5 Strategic Outlook
- 10.12.6 SWOT Analysis
- 10.13 Samsung Group
- 10.13.1 Global Overview
- 10.13.2 Market/Business Overview
- 10.13.3 Financial Data
- 10.13.3.1 Sales Revenue, 2022-2024
- 10.13.4 Product Landscape
- 10.13.5 Strategic Outlook
- 10.13.6 SWOT Analysis
- 10.14 Visa Inc.
- 10.14.1 Global Overview
- 10.14.2 Market/Business Overview
- 10.14.3 Financial Data
- 10.14.3.1 Sales Revenue, 2022-2024
- 10.14.4 Product Landscape
- 10.14.5 Strategic Outlook
- 10.14.6 SWOT Analysis
- 10.15 WeChat (Tencent Holdings Limited)
- 10.15.1 Global Overview
- 10.15.2 Market/Business Overview
- 10.15.3 Financial Data
- 10.15.3.1 Sales Revenue, 2022-2024
- 10.15.4 Product Landscape
- 10.15.5 Strategic Outlook
- 10.15.6 SWOT Analysis
- 10.16 Research practices
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