The mobile point of sale (mPOS) market is equipped with technologies such as Wi-Fi, smart cards and RFID (radio frequency identification) technology.| NEWSCAST

2022-09-03 07:27:24 By : Mr. John Chen

Research Nester Private Limited has published a research report providing a forecast assessment of the mobile point of sale device (mPOS) market.It highlights several key market dynamics such as growth drivers, market opportunities, challenges, and threats for the Mobile POS Devices (mPOS) market.The global mobile POS device (mPOS) market is expected to expand at a CAGR of around 22% during 2018-2027.It is expected to reach a market size of US$31 billion by 2027.Request a Sample Market Report @ https://www.researchnester.jp/sample-request-710 Mobile Point of Sale (mPOS) terminals are integrated mobile devices that function as electronic point of sale terminals.It can carry out cash registration by incorporating a dedicated mobile device that functions as an electronic POS terminal.Mobile POS (mPOS) is equipped with technologies such as Wi-Fi, smart cards, and Radio Frequency Identification (RFID) technology.This wireless application allows remote transfer of payments.Mobile POS (mPOS) enables more versatile transactions without being dependent on one location or device.Mobile POS (mPOS) transactions are ideal for various businesses such as sports venues, flea markets, food trucks and market vendors to easily perform credit and debit card transactions.This technology is low cost and suitable for small businesses.Rising Number of Card-Based Payment Modes Expected to Contribute to Market Growth Rising technological developments are expected to be the major growth driver of the global mobile POS devices (mPOS) market.Moreover, increasing number of card-based payment modes is expected to drive the growth of mobile POS devices.Increasing technological development and introduction of technologies such as NFC, magnetic stripe, and EMV are projected to drive the growth of the global mobile POS device (mPOS) market.The market segmentation report is divided into By Solution (Integrated Card Reader Solutions and Card Reader Accessories), By Technology (EMV Chip and Pin, Hybrid Technology Solution, Chip and Sign, Magnetic Stripe, Near Field Communication (NFC), Biometrics); Segmentation by user (restaurants, transport, hospitality, healthcare, public transport, retail, entertainment, government) and detailed analysis of its sub-segments are further outlined.The research report further covers industry growth drivers, constraints, supply and demand risks, market attractiveness, year-over-year (YOY) growth comparison, market share comparison, BPS analysis, SWOT analysis, Porter's Five Forces model, etc. Some prominent market analysis parameters are also included.The report includes detailed forecasts by market value and volume, along with YoY growth rates for each segment.Market Key Players Industry leaders in the mobile point-of-sale device (mPOS) market are Hewlett-Packard Development Co. LP, Intuit Inc., Recruit Holdings Co. Ltd., PAX Technology Ltd., VeriFone Systems Inc., Ingenico SA, and PayPal Holdings Inc. , iZettle AB, Posiflex Technology Inc., First Data Corp., Oracle Corp., Dspread Technology Inc., Zebra Technologies Corp., Square Inc., Citizen Systems Europe GmbH, Bixolon Co. Ltd.The report also presents an in-depth analysis of the organization's total workforce, key strategies, key matrices that describe the company's financial situation, and several factors of the company such as mergers and acquisitions.The market report also provides detailed information on regional analysis.The market is segmented across five major regions: North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.North America Expected to Dominate the Market During the Forecast Period North America is expected to hold the largest market share in the global mobile point-of-sale device (mPOS) market during the forecast period.Growing awareness about POS transactions and the highly developed industrial sector in the region are anticipated to be the major drivers for the growth of the global mobile POS devices (mPOS) market during the forecast period.Request a sample of the market report @ https://www.researchnester.jp/sample-request-710 Asia-Pacific is expected to be the fastest developing region in the global mobile point-of-sale device (mPOS) market It has been.The region's strict government policies lead to the promotion of cashless transactions in various countries.This is expected to be the major factor driving the growth of the global mobile POS devices (mPOS) market during the forecast period.The mobile POS device (mPOS) market is further segmented based on region.● North America (US and Canada) Market Size, YOY Growth and Opportunity Analysis.● Latin America (Brazil, Mexico, Argentina, Rest of Latin America) market size, YOY growth and opportunity analysis.● Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Asia Pacific) market size, YOY growth and opportunity analysis.● Middle East and Africa (Israel, GCC (Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Middle East and rest of Africa) market size, YOY growth and opportunity analysis.Contact industry experts about this report @ https://www.researchnester.jp/reports/mobile-point-of-sale-devices-mpos-market/710 About Research Nestor Research Nestor is a strategic market research firm. and is a leading service provider of consulting.We aim to provide unbiased and unrivaled market insight and industry analysis to help industries, conglomerates and executives make intelligent decisions about future marketing strategies, expansions, investments and more.We believe that every business expands into new horizons and the right guidance at the right time is available through our strategic minds.Our out-of-the-box thinking helps clients make smart decisions to avoid future uncertainty.Contact AJ Daniel Email: info@researchnester.jp US Phone: +1 646 586 9123 UK Phone: +44 203 608 591