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Mobile Point of Sale(mPOS) Market Study Reveals Growth Factors and Competitive Outlook for Future

Press Release

Global Mobile Point of Sale(mPOS) Market valued approximately USD 4.3 billion in 2017 is anticipated to grow with a healthy growth rate of more than 35.40% over the forecast period 2018-2025. The Mobile Point of Sale(mPOS) Market is continuously growing in the global scenario at significant pace. The mobile point-of-sale (mPOS) is gaining constant impetus due to the increasing preference for cashless transactions among people across the world. With the low total cost of ownership (TCO) and the ease of use mPOS solutions offer considering the global scenario. Surging adoption and utility of cashless payments, rising adoption of mPOS system by banking institutions and escalating popularity of cloud-supported solutions in IT sector are the substantial driving factors of the market during the forecast period. Moreover, escalating government initiatives towards the development mobile point-of-sale (mPOS) are the factors that likely to create numerous opportunity in the near future.

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Further, Mobile Point of Sale(mPOS) also offers various benefits such as improves customer experience, improved security, efficient & accurate transaction and easily accept mobile wallet payments, due to these benefits demand for mPOS is increasing across the globe. However, security & privacy concern and high cost of implementation are the key restraining factors of the market during the forecast period.

The regional analysis of Global Mobile Point of Sale(mPOS) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to rising adoption of mPOS among end-users and rising drift of IoT across the region. Europe is estimated to grow at significant growth rate in the global Mobile Point of Sale(mPOS) market over the upcoming years. Further, Asia-Pacific anticipated to exhibit stable growth rate / CAGR over the forecast period 2018-2025 owing to slower economic growth in the emerging economies such as India and China.

The major market player included in this report are:
HP Corporation
Recruit Holdings
Oracle Corporation
Zebra Technologies Corporation
Verifone Systems
PayPal

Segments and Sub-segment of the Market

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Integrated Card Reader Solutions
Card Reader Accessories

By Application:

Hospitality
Healthcare
Retail
Entertainment
Government
Others

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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