The global mobile point of sale (mPOS) market is expected to grow from USD 19.21 billion in 2019 to USD 62.46 billion by 2027, at a CAGR of 15.76% during the forecast period from 2020-2027.
Mobile point of sale (mPOS) is a handheld device such as smartphones, tablets, or wireless devices, which are equipped with technology that lets it acts as a standard POS system. It performs the same function the same as traditional register–with advanced benefits such as portability and wireless operability. It is a very useful system for retailers such as retailers at trade shows and for businesses such as home, food trucks, and repair services, among others.
Increase in the number of smartphones among the consumers, driving the growth of the market. In addition to this, the rising trend of contactless payments, further driving the growth of the market. Furthermore, rapidly changing customer preferences with the growing technological and personal expectations, positively influencing the market growth. However, high-security risks related to personal information and money may hamper the market growth over the forecast period.
This study delivers a comprehensive analysis of type, enterprises, application, and region. The type segment includes handheld terminals and tablets. Handheld terminals held the major market share of 65.26% in the year 2019. Handheld terminals offer precise features needed to streamlined the mobile POS and for secure payment transactions. These are widely being used for applications such as hospitality/restaurant, healthcare, retail, inventory/warehousing, manufacturing, and entertainment. Thus, the high adoption of handheld terminals, driving the growth of the market. Enterprises segment classified into SMEs and large enterprises. SMEs segment is anticipated to grow at the highest CAGR of 20.32% over the forecast period. These terminals are hassle-free, user-friendly, and cost-effective, and are affordable to SMEs. In addition to this, deployment of mobile POS in SMEs offers a convenient shopping experience for their customers. Thus, the rising adoption of mobile POS in the SMEs is likely to drive the market growth. Application segment classified into entertainment, hospitality, healthcare, retail, inventory & warehousing, and others. Retail segment accounted for a major market share and valued at USD 7.49 billion in 2019. Retailers around the globe are increasingly shifting towards the adoption of mobile POS to offer a seamless shopping experience for their customers. Therefore, the rising adoption of these systems in the retails shops, boosting the growth of the retail segment.
The mobile point of sale (mPOS) market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America region led the global mobile point of sale (mPOS) market and held the market share about 40.23% in the year 2019. Early adoption of technology and the presence of key market players in the region are some of the key factors boosting the growth of the market. In addition to this, the rising adoption of mobile POS at hospitals, retails shops, entertainment centers positively influencing the growth of the market in the North America region.
Some of the prominent players in the mobile point of sale (mPOS) market are PosX, Aures Technologies, Honeywell, Motorola, Socket, Clover, Verifone, Psiflex, First Data Corporation, and PAX Global Technology among others. Major players are continuously focusing on strategic partnerships, new developments, acquisitions, and venture capital investments to obtain high growth to gain a significant share in the market. In May 2018, Honeywell announced the launch of a new DolphinTM CT40 mobile computer is a full-touch, Android device, mobile POS solution to help retailers improve productivity, streamline operations and deliver a better shopping experience in their brick-and-mortar stores.
This study forecasts revenue growth at global, regional, and country levels from 2016 to 2027. Fior Markets has segmented the on the basis of below-mentioned segments:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Enterprises
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Mobile Point of Sale (mPOS) Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Handheld terminals
6.3. Tablets
7. Global Mobile Point of Sale (mPOS) Market Analysis and Forecast, By Enterprises
7.1. Segment Overview
7.2. SMEs
7.3. Large Enterprises
8. Global Mobile Point of Sale (mPOS) Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Entertainment
8.3. Hospitality
8.4. Healthcare
8.5. Retail
8.6. Inventory & Warehousing
8.7. Others
9. Global Mobile Point of Sale (mPOS) Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Mobile Point of Sale (mPOS) -Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Mobile Point of Sale (mPOS) Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Type Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. PosX
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Aures Technologies
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Honeywell
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Motorola
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Socket
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Clover
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Verifone
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. First Data Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. PAX Global Technology
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Psiflex
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
2. Global Handheld terminals, Mobile Point of Sale (mPOS) Market, By Region, 2016–2027 (USD Million)
3. Global Tablets, Mobile Point of Sale (mPOS) Market, By Region, 2016–2027 (USD Million)
4. Global Mobile Point of Sale (mPOS) Market, By Enterprises, 2016–2027 (USD Million)
5. Global SMEs, Mobile Point of Sale (mPOS) Market, By Region, 2016–2027 (USD Million)
6. Global Large Enterprises, Mobile Point of Sale (mPOS) Market, By Region, 2016–2027 (USD Million)
7. Global Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
8. Global Entertainment, Mobile Point of Sale (mPOS) Market, BY Region, 2016–2027 (USD Million)
9. Global Hospitality, Mobile Point of Sale (mPOS) Market, By Region, 2016–2027 (USD Million)
10. Global Healthcare, Mobile Point of Sale (mPOS) Market, By Region, 2016–2027 (USD Million)
11. Global Retail, Mobile Point of Sale (mPOS) Market, BY Region, 2016–2027 (USD Million)
12. Global Inventory and Warehousing, Mobile Point of Sale (mPOS) Market, BY Region, 2016–2027 (USD Million)
13. Global Others, Mobile Point of Sale (mPOS) Market, By Region, 2016–2027 (USD Million)
14. Global Mobile Point of Sale (mPOS) Market, By Region, 2016–2027 (USD Million)
15. Global Mobile Point of Sale (mPOS) Market, By North America, 2016–2027 (USD Million)
16. North America Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
17. North America Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
18. North America Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
19. U.S. Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
20. U.S. Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
21. U.S. Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
22. Canada Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
23. Canada Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
24. Canada Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
25. Mexico Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
26. Mexico Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
27. Mexico Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
28. Europe Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
29. Europe Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
30. Europe Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
31. Germany Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
32. Germany Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
33. Germany Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
34. France Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
35. France Mobile Point of Sale (mPOS), By Application, 2016–2027 (USD Million)
36. France Mobile Point of Sale (mPOS), By Enterprise, 2016–2027 (USD Million)
37. U.K. Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
38. U.K. Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
39. U.K. Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
40. Italy Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
41. Italy Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
42. Italy Mobile Point of Sale (mPOS) Market, By Enterprise 2016–2027 (USD Million)
43. Spain Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
44. Spain Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
45. Spain Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
46. Asia Pacific Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
47. Asia Pacific Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
48. Asia Pacific Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
49. Japan Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
50. Japan Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
51. Japan Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
52. China Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
53. China Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
54. China Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
55. India Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
56. India Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
57. India Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
58. South America Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
59. South America Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
60. South America Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
61. Brazil Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
62. Brazil Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
63. Brazil Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
64. Middle East and Africa Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
65. Middle East and Africa Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
66. Middle East and Africa Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
67. UAE Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
68. UAE Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
69. UAE Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
70. South Africa Mobile Point of Sale (mPOS) Market, By Type, 2016–2027 (USD Million)
71. South Africa Mobile Point of Sale (mPOS) Market, By Application, 2016–2027 (USD Million)
72. South Africa Mobile Point of Sale (mPOS) Market, By Enterprise, 2016–2027 (USD Million)
List of Figures
1. Global Mobile Point of Sale (mPOS) Market Segmentation
2. Mobile Point of Sale (mPOS) Market : Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Mobile Point of Sale (mPOS) Market Attractiveness Analysis By Type
9. Global Mobile Point of Sale (mPOS) Market Attractiveness Analysis By Application
10. Global Mobile Point of Sale (mPOS) Market Attractiveness Analysis By Enterprise
11. Global Mobile Point of Sale (mPOS) Market Attractiveness Analysis By Region
12. Global Mobile Point of Sale (mPOS) Market : Dynamics
13. Global Mobile Point of Sale (mPOS) Market Share by Type (2018 & 2027)
14. Global Mobile Point of Sale (mPOS) Market Share by Application(2018 & 2027)
15. Global Mobile Point of Sale (mPOS) Market Share by Enterprise (2018 & 2027)
16. Global Mobile Point of Sale (mPOS) Market Share by Regions (2018 & 2027)
17. Global Mobile Point of Sale (mPOS) Market Share by Company (2020)
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