Mobile Point-of-Sale (mPOS) Terminals Market 2016-2022 by segmentation based on product, application and region- Credenc
According to a new market report published by Credence Research “Mobile Point-of-Sale (mPOS) Terminals Market (Restaurants, Hospitality, Healthcare, Retail, Transportation and Warehouse, Sports and Entertainment, and Other Verticals) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022” the mobile POS terminals market is expected to reach US$ 43.32 Bn by 2022, expanding at a CAGR of 23.2% from 2015 to 2022. In terms of volume, the mobile POS terminal shipments are expected to reach 242.97 Mn units by 2022, expanding at a CAGR of 42.1% during the forecast period 2015 – 2022
Browse the full Mobile Point-of-Sale (mPOS) Terminals Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/mobile-point-of-salesmpos-terminals-market
Market Insights
Mobile POS (mPOS) terminals are specialized integrated mobile devices (smartphones and tablets) that function as electronic point of sale terminals. These specialized mobile devices can also be transformed into payment terminals through use of sleeves or dongles. Equipped with capabilities such as RFID (Radio Frequency Identification), Wi-Fi, smart card, and VoIP (Voice Internet Protocol), mobile POS terminals are additionally used to manage inventory/assets, send and receive invoices, send digitize notes, and capture signatures at counters. These capabilities allow mPOS terminals to accept payments even remotely through wireless applications. Advancements in payment technologies coupled with the move towards EMV (Europay, MasterCard, Visa) chip card payment is expected to fuel market momentum.
Competitive Insights:
The global mobile POS terminals/systems market is highly fragmented across vertical markets, requiring vendors to understand the distinct differences and requirements from vertical to vertical. Verifone Systems, Inc., Ingenico S.A., and PAX Technology Ltd are identified as the leading mobile POS terminal vendors while other players including First Data Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd , and Hewlett Packard have been marked as promising players in the mobile POS terminals industry.
Key Trends:
• Demand for portable and wearable devices
• Increase NFC-based transactions
• Growing adoption of cloud-based and Android POS devices
• Opportunity to offer Loyalty Options
Browse the full Mobile Point-of-Sale (mPOS) Terminals Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/mobile-point-of-salesmpos-terminals-market
ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global mPOS Terminals Market
2.2 Global mPOS Terminals Market, By Component
2.3 Global mPOS Terminals Market, By End-use
2.4 Global mPOS Terminals Market, By Geography
Chapter 3 Market Dynamics
3.1 Product Insights
3.1.1 Global Mobile Point-of-Sale Terminals Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Mn Units)
3.2 Key Trends Analysis
3.2.1 Evolution of mPOS Terminals
3.2.2 Recent Trends and Outlook
3.2.2.1 Demand for Portable and Wearable Devices
3.2.2.2 Cloud-based and Android POS Devices
3.2.2.3 Opportunity to Offer Loyalty Options
3.3 Market Drivers
3.3.1 Conformity with the EMV Regulation to Fuel Replacement Demand
3.3.2 Emergence of Mobile Wallet Technology and Increasing NFC-based Transactions to Fuel Market Demand
3.3.3 Enhanced Features and Lower Total Cost of Ownership (TCO) to Drive Demand in SMBs
3.4 Market Growth Inhibitors
3.4.1 Security Concerns Associated with Data Breaches
3.4.2 Lack of Standard Technology Platform
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.6.1 Adoption Rate of mPOS Terminals across Different End-use Verticals, 2014
3.7 Ecosystem Analysis : mPOS Terminals Market
3.7.1 Merchants
3.7.2 Banks
3.7.3 Mobile Operators
3.7.4 Recommendations for Ecosystem Participants
3.7.4.1 Merchants
3.7.4.2 Banks
3.7.4.3 Mobile Operators…
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