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mPOS Terminal Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Publisher Global Market Insights
Published Dec 09, 2024
Length 170 Pages
SKU # GMI19463495

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 Methodology & Scope
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, 2021-2032
2.2 Business trends
2.2.1.1 Total Addressable Market (TAM), 2024 - 2032
2.2.1.2 TAM trends
2.3 Regional trends
2.4 Component trends
2.5 Product trends
2.6 Deployment model trends
2.7 Technology trends
2.8 Application trends
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Raw material suppliers
3.1.2 Component suppliers
3.1.3 Manufacturers
3.1.4 Technology/service providers
3.1.5 Distribution channel
3.1.6 End users
3.2 Supplier landscape
3.2.1 Supplier landscape
3.3 Technology and innovation landscape
3.3.2 Biometric authentication
3.3.3 GPS and location services
3.3.4 Mobile OS integration (iOS/Android)
3.3.5 POS software solutions
3.4 Key news and initiatives
3.5 Patent analysis
3.6 Regulatory landscape
3.6.1 North America
3.6.1.1 Payment Card Industry Data Security Standard (PCI DSS)
3.6.1.2 Federal Trade Commission (FTC) Regulations
3.6.1.3 Personal Information Protection and Electronic Documents Act (PIPEDA)
3.6.2 Europe
3.6.2.1 General Data Protection Regulation (GDPR)
3.6.2.2 Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz, ZAG)
3.6.2.3 The Monetary and Financial Code (Code Monétaire et Financier)
3.6.2.4 Payment Services Directive 2 (PSD2)
3.6.2.5 Anti-Money Laundering (AML) and Know Your Customer (KYC) Regulation
3.6.3 Asia Pacific
3.6.3.1 Cybersecurity Law of the People's Republic of China (2017)
3.6.3.2 The Payment and Settlement Systems Act (2007)
3.6.3.3 The Payment Services Act (PSA)
3.6.3.4 The Electronic Financial Transactions Act (EFTA)
3.6.3.5 Australian Payments System Regulations
3.6.3.6 Payment System Regulations by Bank Indonesia (BI)
3.6.4 Latin America
3.6.4.1 Payments Law (Law No. 12,865/2013)
3.6.4.2 Consumer Protection Law (Ley Federal de Protección al Consumidor - LFPC)
3.6.4.3 Central Bank of Argentina (Banco Central de la República Argentina - BCRA) Regulations
3.6.5 MEA
3.6.5.1 Stored Value and Electronic Payment System Regulation (2017)
3.6.5.2 National Payment System Act (NPS Act), 1998
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.2 High smartphone penetration and improved internet connectivity
3.7.3 The growth of e-commerce and the need for seamless omnichannel retail experiences
3.7.4 Expansion of digital wallets and fintech services
3.7.5 . Government initiatives and regulations for adoption of digital payments
3.7.6 Industry pitfalls and challenges
3.7.6.1 Security vulnerabilities
3.7.6.2 Technical issues and reliability
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis, 2023
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 mPOS Terminal Market, By Component
5.1 Key trends
5.2 Hardware
5.3 Software
5.4 Services
Chapter 6 mPOS Terminal Market, By Product
6.1 Key trends
6.2 Handheld terminal
6.3 Tablet
Chapter 7 mPOS Terminal Market, By Deployment Model
7.1 Key trends
7.2 On-premises
7.3 Cloud
Chapter 8 mPOS Terminal Market, By Technology
8.1 Key trends
8.2 Biometric
8.3 Traditional
Chapter 9 mPOS Terminal Market, By Application
9.1 Key trends
9.2 Entertainment
9.3 Healthcare
9.4 Hospitality
9.5 Restaurant
9.6 Retail
9.7 Warehouse
9.8 Others
Chapter 10 mPOS Terminal Market, By Regional
10.1 Key trends, by region
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 Latin America
10.6 Middle East & Africa
Chapter 11 Company Profile
11.1 AURES GROUP
11.1.1 Global overview
11.1.2 Market/business overview
11.1.3 Financial data
11.1.3.1 Sales revenue, 2021-2023
11.1.4 Product Landscape
11.1.5 Strategic Outlook
11.1.6 SWOT Analysis
11.2 BBPOS Ltd.
11.2.1 Global overview
11.2.2 Market/business overview
11.2.3 Financial data
11.2.4 Product landscape
11.2.5 Strategic Outlook
11.2.6 SWOT Analysis
11.3 Bitel Co., Ltd.
11.3.1 Global overview
11.3.2 Market/business overview
11.3.3 Financial data
11.3.4 Product landscape
11.3.5 Strategic Outlook
11.3.6 SWOT analysis
11.4 Diebold Nixdorf
11.4.1 Global overview
11.4.2 Market/business overview
11.4.3 Financial data
1.4.3.1 Sales and Revenue 2021-2023
11.4.4 Product landscape
11.4.5 Strategic Outlook
11.4.6 SWOT analysis
11.5 First Data Corporation
11.5.1 Global overview
11.5.2 Market/business overview
11.5.3 Financial data
11.5.3.1 Sales and Revenue 2021-2023
11.5.4 Product landscape
11.5.5 Strategic outlook
11.5.6 SWOT analysis
11.6 Ingenico Group
11.6.1 Global overview
11.6.2 Market/Business Overview
11.6.3 Financial data
11.6.3.1 Sales and Revenue 2021-2023
11.6.4 Product landscape
11.6.5 Strategic Outlook
11.6.6 SWOT analysis
11.7 Micros Systems, Inc.
11.7.1 Global overview
11.7.2 Market/business overview
11.7.3 Financial data
11.7.3.1 Sales and Revenue 2021-2023
11.7.4 Product landscape
11.7.5 Strategic Outlook
11.7.6 SWOT analysis
11.8 NCR Corporation
11.8.1 Global overview
11.8.2 Market/business overview
11.8.3 Financial data
11.8.3.1 Sales and Revenue 2021-2023
11.8.4 Product landscape
11.8.5 Strategic Outlook
11.8.6 SWOT analysis
11.9 Newland Payment Technology Co., Ltd.
11.9.1 Global overview
11.9.2 Market/business overview
11.9.3 Financial data
11.9.3.1 Sales and Revenue 2021-2023
11.9.4 Product landscape
11.9.5 Strategic Outlook
11.9.6 SWOT Analysis
11.10 New POS Technology Limited
11.10.1 Global overview
11.10.2 Market/business overview
11.10.3 Financial data
11.10.4 Product landscape
11.10.5 Strategic outlook
11.10.6 SWOT analysis
11.11 Panasonic Corporation
11.11.1 Global Overview
11.11.2 Market/Business Overview
11.11.3 Financial data
11.11.3.1 Sales Revenue, 2022-2024
11.11.4 Product Landscape
11.11.5 SWOT analysis
11.12 PAR Technology Corporation
11.12.1 Global Overview
11.12.2 Market/Business Overview
11.12.3 Financial data
11.12.3.1 Sales Revenue, 2021-2024
11.12.4 Product Landscape
11.12.5 SWOT analysis
11.13 PAX Technology
11.13.1 Global overview
11.13.2 Market/business overview
11.13.3 Financial data
11.13.3.1 Sales and Revenue 2021-2023
11.13.4 Product landscape
11.13.5 Strategic Outlook
11.13.6 SWOT analysis
11.14 Posiflex Technology
11.14.1 Global overview
11.14.2 Market/business overview
11.14.3 Financial data
11.14.3.1 Sales and Revenue
11.14.4 Product landscape
11.14.5 Strategic outlook
11.14.6 SWOT analysis
11.15 Shenzhen Xinguodu Technology Co., Ltd
11.15.1 Global Overview
11.15.2 Market/Business Overview
11.15.3 Financial Data
11.15.3.1 Sales and Revenue 2021-2023
11.15.4 Product Landscape
11.15.5 Strategic Outlook
11.15.6 SWOT Analysis
11.16 Shenzhen Zhengtong (SZZT) Electronics Co. Ltd
11.16.1 Global Overview
11.16.2 Market/Business Overview
11.16.3 Financial Data
11.16.3.1 Sales and Revenue 2021-2023
11.16.4 Product Landscape
11.16.5 SWOT Analysis
11.17 Square, Inc.
11.17.1 Global overview
11.17.2 Market/business overview
11.17.3 Financial data
11.17.3.1 Sales and Revenue 2021-2023
11.17.4 Product landscape
11.17.5 Strategic outlook
11.17.6 SWOT analysis
11.18 Touch Dynamic Inc.
11.18.1 Global Overview
11.18.2 Market/Business Overview
11.18.3 Financial Data
11.18.4 Product Landscape
11.18.5 Strategic Outlook
11.18.6 SWOT analysis
11.19 Verifone Holdings, Inc.
11.19.1 Global overview
11.19.2 Market/business overview
11.19.3 Financial data
11.19.4 Product landscape
11.19.5 Strategic Outlook
11.19.6 SWOT analysis
11.20 Toshiba Corporation
11.20.1 Global Overview
11.20.2 Market/Business Overview
11.20.3 Financial Data
11.20.3.1 Sales Revenue, 2020-2023
11.20.4 Product Landscape
11.20.5 Strategic Outlook
11.20.6 SWOT Analysis

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