Home / Semiconductor & Electronics / Mobile Point Of Sales (mPOS) Terminals Market By Component (Hardware, Software), By End-Use (Restaurants, Hospitality, Healthcare, Retail, Transportation And Warehouse, Sports And Entertainment) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Mobile Point Of Sales (mPOS) Terminals Market By Component (Hardware, Software), By End-Use (Restaurants, Hospitality, Healthcare, Retail, Transportation And Warehouse, Sports And Entertainment) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Published: Mar 2016 | Report Code: 57717-03-16

With the advancements in wireless technology, the mobile POS terminals market is set to witness strong growth in the next few years. Benefits offered such as low upfront cost, portability, easy usage, and positive return on investment have collectively spurred the adoption of mobile POS terminals beyond the traditional retail applications. Emergence of mobile wallet technology and increasing NFC-based transactions are expected to drive market growth during the forecast period. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 23.2% and 42.1% for revenue and volume respectively during the forecast period 2015 – 2022. Although security concerns related with data breaches had plagued the adoption of mobile POS terminals initially, the recent move towards more secure chip card technology is expected to subdue the impact of this challenge over the forecast period. The mobile Point-of-Sale 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 terminals market is expected to register 242.97 Mn shipments by 2022.

          Mobile Point Of Sales (mPOS) Terminals Market      

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global Mobile POS (mPOS) Terminals Market- Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global mPOS terminals market.

Target Audience

  • Industry Investors
  • mPOS Terminal Hardware Providers/Vendors
  • mPOS Terminal Software Providers
  • SMBs and Micro-merchants
  • Other End-users

USP and Key Offerings

The report titled “Global Mobile POS Terminals Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global mPOS terminals market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on technology, end-users, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading POS terminal vendors (both hardware and software), their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the mPOS industry
  • Market Volume by Geography and End-use
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Ecosystem Analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global mPOS terminal market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

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
3.8 Competitive Analysis
3.8.1 Market Positioning of Key Vendors
3.8.2 Recommendations
3.9 Technology Overview : mPOS Terminals Market
3.9.1 Overview
3.9.2 Magnetic Stripe
3.9.3 EMV (Europay, MasterCard, Visa) Chip
3.9.3.1 Global EMV Terminal Adoption Rates and Shipments, 2013
3.9.4 Contactless
3.9.5 Biometrics

Chapter 4 Global mPOS Terminals Market Analysis, By Component
4.1 Overview
4.2 Pac-Man Analysis
4.3 Hardware
4.3.1 Global Mobile Point-Of-Sales Terminals Hardware Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Y-o-Y %)
4.4 Software
4.4.1 Global Mobile Point-Of-Sales Terminals Software Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Y-o-Y %)

Chapter 5 Global Mobile POS Terminals Market Analysis, By End-use
5.1 Overview
5.2 Tornado Analysis
5.3 Restaurants
5.3.1 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Restaurant Applications, 2013 – 2022, (US$ Bn)(Mn Units)
5.4 Hospitality
5.4.1 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Hospitality, 2013 – 2022, (US$ Bn) (Mn Units)
5.5 Healthcare
5.5.1 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Healthcare Applications, 2013 – 2022, (US$ Bn) (Mn Units)
5.6 Retail
5.6.1 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Retail, 2013 – 2022, (US$ Bn) (Mn Units)
5.7 Transportation and Warehouse
5.7.1 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Transportation and Warehouse Applications, 2013 – 2022, (US$ Bn) (Mn Units)
5.8 Sports and Entertainment
5.8.1 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Sports and Entertainment, 2013 – 2022, (US$ Bn) (Mn Units)
5.9 Others (Field Services, Government, etc.)
5.9.1 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Other Applications, 2013 – 2022, (US$ Bn) (Mn Units)

Chapter 6 Global Mobile POS Terminals Market Analysis, By Geography
6.1 Overview
6.2 Doughnut Analysis
6.3 North America
6.3.1 North America Mobile Point-Of-Sales Terminals Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Mn Units)
6.5 Europe
6.5.1 Europe Mobile Point-Of-Sales Terminals Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Mn Units)
6.6 Asia Pacific
6.6.1 Asia Pacific Mobile Point-Of-Sales Terminals Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Mn Units)
6.7 Rest of World (RoW)
6.7.1 RoW Mobile Point-Of-Sales Terminals Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Mn Units)

Chapter 7 North America Mobile POS Terminal Market Analysis
7.1 Overview
7.2 North America Mobile POS Terminals Market Analysis, By Component, 2013 – 2022 (US$ Bn)
7.2.1 Hardware
7.2.1.1 North America Mobile Point-Of-Sales Terminals Hardware Market Revenue, 2013 – 2022, (US$ Bn)
7.2.2 Software
7.2.2.1 North America Mobile Point-Of-Sales Terminals Software Market Revenue, 2013 – 2022, (US$ Bn)
7.3 North America Mobile POS Terminals Market Analysis, By End-use, 2013 – 2022 (US$ Bn) (Mn Units)
7.3.1 SRC Analysis
7.4 North America Mobile POS Terminals Market Analysis, By Country, 2013 – 2022 (US$ Bn) (Mn Units)
7.4.1 U.S. Mobile POS Terminals Market Revenue and Volume, 2013 – 2022 (US$ Bn) (Mn Units)
7.4.1.1 Comparative Analysis of North America Mobile Point-Of-Sales Terminals Market Revenue, By Country, 2013 – 2022, (US$ Bn)
7.4.1.2 Comparative Analysis of North America Mobile Point-Of-Sales Terminals Market Volume, By Country, 2013 – 2022, (US$ Bn)

Chapter 8 Europe Mobile POS Terminal Market Analysis
8.1 Overview
8.2 Europe Mobile POS Terminals Market Analysis, By Component, 2013 – 2022 (US$ Bn)
8.2.1 Hardware
8.2.1.1 Europe Mobile Point-Of-Sales Terminals Hardware Market Revenue, 2013 – 2022, (US$ Bn)
8.2.2 Software
8.2.2.1 Europe Mobile Point-Of-Sales Terminals Software Market Revenue, 2013 – 2022, (US$ Bn)
8.3 Europe Mobile POS Terminals Market Analysis, By End-use, 2013 – 2022 (US$ Bn)
8.3.1 SRC Analysis
8.4 Europe Mobile POS Terminals Market Analysis, By Region, 2013 – 2022 (US$ Bn)
8.4.1 EU7 (U.K., France, Germany, Italy, Spain, Netherlands, Belgium) Mobile POS Terminals Market Revenue and Volume , 2013 – 2022 (US$ Bn) (Mn Units)
8.4.1.1 Comparative Analysis of Europe Mobile Point-Of-Sales Terminals Market Revenue, By Region, 2013 – 2022, (US$ Bn)
8.4.1.2 Comparative Analysis of Europe Mobile Point-Of-Sales Terminals Market Volume, By Region, 2013 – 2022, (Mn Units)

Chapter 9 Asia Pacific Mobile POS Terminal Market Analysis
9.1 Overview
9.2 Asia Pacific Mobile POS Terminals Market Analysis, By Component, 2013 – 2022 (US$ Bn)
9.2.1 Hardware
9.2.1.1 Asia Pacific Mobile Point-Of-Sales Terminals Hardware Market Revenue, 2013 – 2022, (US$ Bn)
9.2.2 Software
9.2.2.1 Asia Pacific Mobile Point-Of-Sales Terminals Software Market Revenue, 2013 – 2022, (US$ Bn)
9.3 Asia Pacific Mobile POS Terminals Market Analysis, By End-use, 2013 – 2022 (US$ Bn)
9.3.1 SRC Analysis
9.4 Asia Pacific Mobile POS Terminals Market Analysis, By Country, 2013 – 2022 (US$ Bn)
9.4.1 China Mobile POS Terminals Market Revenue and Volume, 2013 – 2022 (US$ Bn) (Mn Units)
9.4.2 Indian Subcontinent Mobile POS Terminals Market Revenue and Volume, 2013 – 2022 (US$ Bn)
9.4.3 Japan Mobile POS Terminals Market Revenue and Volume, 2013 – 2022 (US$ Bn) (Mn Units)
9.4.4 Comparative Analysis of Asia Pacific Mobile Point-Of-Sales Terminals Market Revenue, By Region, 2013 – 2022, (US$ Bn)
9.4.5 Comparative Analysis of Asia Pacific Mobile Point-Of-Sales Terminals Market Volume, By Region, 2013 – 2022, (Mn Units)

Chapter 10 Rest of the World (RoW) Mobile POS Terminal Market Analysis
10.1 Overview
10.2 RoW Mobile POS Terminals Market Analysis, By Component, 2013 – 2022 (US$ Bn)
10.2.1 Hardware
10.2.1.1 RoW Mobile Point-Of-Sales Terminals Hardware Market Revenue, 2013 – 2022, (US$ Bn)
10.2.2 Software
10.2.2.1 RoW Mobile Point-Of-Sales Terminals Software Market Revenue, 2013 – 2022, (US$ Bn)
10.3 RoW Mobile POS Terminals Market Analysis, By End-use, 2013 – 2022 (US$ Bn) (Mn Units)
10.3.1 SRC Analysis
10.4 RoW Mobile POS Terminals Market Analysis, By Region, 2013 – 2022 (US$ Bn) (Mn Units)
10.4.1 Latin America Mobile POS Terminals Market Revenue and Volume, 2013 – 2022 (US$ Bn)
10.4.2 Middle-East and Africa Mobile POS Terminals Market Revenue and Volume, 2013 – 2022 (US$ Bn)
10.4.3 Comparative Analysis of RoW Mobile Point-Of-Sales Terminals Market Revenue, By Country, 2013 – 2022, (US$ Bn)
10.4.4 Comparative Analysis of RoW Mobile Point-Of-Sales Terminals Market Volume, By Region, 2013 – 2022, (Mn Units)

Chapter 11 Company Profiles
11.1 Verifone Systems, Inc.
11.1.1 Verifone Systems, Inc : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.2 Ingenico S.A.
11.2.1 Ingenico S.A. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.3 PAX Technology Ltd.
11.3.1 PAX Technology Ltd. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.4 NCR Corporation
11.4.1 NCR Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.5 MICROS Systems, Inc.(Oracle Corporation)
11.5.1 MICROS Systems, Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.6 Panasonic Corporation
11.6.1 Panasonic Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.7 Toshiba Tec Corporation
11.7.1 Toshiba Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.8 Hewlett Packard
11.8.1 Hewlett Packard : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.9 Samsung Electronics Co., Ltd.
11.9.1 Samsung Electronics Co., Ltd. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.10 First Data Corporation
11.10.1 First Data Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.11 Posiflex Technology Inc.
11.11.1 Posiflex Technology, Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
11.12 Square Inc.
11.12.1 Square Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

List Of Table :

TABLE 1 Market Snapshot: Global Mobile POS Terminals Market
TABLE 2 Worldwide EMV Chip Card Deployment and Adoption Rate, 2013 and 2014
TABLE 3 Worldwide EMV Cards and Terminals Deployment and Adoption Rate, 2013
TABLE 4 Impact Indicators
TABLE 5 Impact Analysis of Drivers and Restraints
TABLE 6 North America Mobile POS Terminals Market Revenue, By End-use, 2013 – 2022 (US$ Bn)
TABLE 7 North America Mobile POS Terminals Market Volume, By End-use, 2013 – 2022 (Mn Units)
TABLE 8 Europe Mobile POS Terminals Market Revenue, By End-use, 2013 – 2022 (US$ Bn)
TABLE 9 Europe Mobile POS Terminals Market Volume, By End-use, 2013 – 2022 (Mn Units)
TABLE 10 Comparative Analysis of Europe Mobile Point-Of-Sales Terminals Market Volume, By Region, 2013 – 2022, (Mn Units)
TABLE 11 Asia Pacific Mobile POS Terminals Market Revenue, By End-use, 2013 – 2022 (US$ Bn)
TABLE 12 Asia Pacific Mobile POS Terminals Market Volume, By End-use, 2013 – 2022 (Mn Units)
TABLE 13 Comparative Analysis of Asia Pacific Mobile Point-Of-Sales Terminals Market Volume, By Region, 2013 – 2022, (Mn Units)
TABLE 14 RoW Mobile POS Terminals Market Revenue, By End-use, 2013 – 2022 (US$ Bn)
TABLE 15 RoW Mobile POS Terminals Market Volume, By End-use, 2013 – 2022 (Mn Units)
TABLE 16 Verifone Systems, Inc : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 17 Ingenico S.A. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 18 PAX Technology Ltd. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 19 NCR Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 20 MICROS Systems, Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 21 Panasonic Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 22 Toshiba Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 23 Hewlett Packard : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 24 Samsung Electronics Co., Ltd. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 25 First Data Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 26 Posiflex Technology, Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 27 Square Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

List Of Figure :

FIG. 1 Global Mobile Point-Of-Sales Terminals: Market Segmentation
FIG. 2 Global Mobile Point-Of-Sales Terminals Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Mobile Point-of-Sale Terminals Market, By Component, 2014 (US$ Bn)
FIG. 5 Global mPOS Terminals Market, By End-use, 2014 (US$ Bn) (Mn Units)
FIG. 6 Global mPOS Terminals Market, By Geography, 2014 (US$ Bn)
FIG. 7 Global Mobile Point-of-Sale Terminals Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 8 Evolution of mPOS
FIG. 9 ‘Chip Card’ Compatible POS Terminal Penetration in the U.S., 2012 – 2017
FIG. 10 Global Mobile Wallet Market, (US$ Bn)
FIG. 11 See-Saw Analysis : Global Mobile Point-Of-Sales Terminals Market
FIG. 12 Attractive Investment Proposition
FIG. 13 Adoption/Penetration Rate of mPOS Terminals across Different End-use Verticals, 2014
FIG. 14 Ecosystem Analysis : mPOS Terminals Market
FIG. 15 Market Positioning of Key Mobile POS Terminal Vendors , 2014
FIG. 16 Global EMV Terminal Adoption Rates and Shipments, 2013
FIG. 17 Global Mobile Point-Of-Sales Terminals Market Revenue Share, By Component, 2014 & 2022 (% Value)
FIG. 18 Global Mobile Point-Of-Sales Terminals Hardware Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Y-o-Y %)
FIG. 19 Global Mobile Point-Of-Sales Terminals Software Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Y-o-Y %)
FIG. 20 Global Mobile Point-Of-Sales Terminals Market Revenue, By End-Use, 2014 & 2022 (US$ Bn)
FIG. 21 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Restaurant Applications, 2013 – 2022, (US$ Bn)(Mn Units)
FIG. 22 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Hospitality, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 23 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Healthcare Applications, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 24 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Retail Applications, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 25 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Transportation and Warehouse Applications, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 26 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Sports and Entertainment, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 27 Global Mobile Point-Of-Sales Terminals Market Revenue and Volume for Other Applications, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 28 Global Mobile Point-Of-Sales Terminals Market Segmentation, By Geography
FIG. 29 Global Mobile Point-Of-Sales Terminals Market Revenue, By Geography, 2014 & 2022 (US$ Bn)
FIG. 30 North America Mobile Point-Of-Sales Terminals Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 31 Europe Mobile Point-Of-Sales (POS) Terminals Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 32 Asia Pacific Mobile Point-Of-Sales (POS) Terminals Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 33 RoW Mobile Point-Of-Sales Terminals Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Mn Units)
FIG. 34 North America Mobile Point-Of-Sales Terminals Hardware Market Revenue, 2013 – 2022, (US$ Bn)
FIG. 35 North America Mobile Point-Of-Sales Terminals Software Market Revenue, 2013 – 2022, (US$ Bn)
FIG. 36 Comparative Analysis of North America Mobile Point-Of-Sales Terminals Market Revenue, By Country, 2013 – 2022, (US$ Bn)
FIG. 37 Comparative Analysis of North America Mobile Point-Of-Sales Terminals Market Volume, By Country, 2013 – 2022, (Mn Units)
FIG. 38 Europe Mobile Point-Of-Sales Terminals Hardware Market Revenue, 2013 – 2022, (US$ Bn)
FIG. 39 Europe Mobile Point-Of-Sales Terminals Software Market Revenue, 2013 – 2022, (US$ Bn)
FIG. 40 Comparative Analysis of Europe Mobile Point-Of-Sales Terminals Market Revenue, By Region, 2013 – 2022, (US$ Bn)
FIG. 41 Asia Pacific Mobile Point-Of-Sales Terminals Hardware Market Revenue, 2013 – 2022, (US$ Bn)
FIG. 42 Asia Pacific Mobile Point-Of-Sales Terminals Software Market Revenue, 2013 – 2022, (US$ Bn)
FIG. 43 Comparative Analysis of Asia Pacific Mobile Point-Of-Sales Terminals Market Revenue, By Region, 2013 – 2022, (US$ Bn)
FIG. 44 RoW Mobile Point-Of-Sales Terminals Hardware Market Revenue, 2013 – 2022, (US$ Bn)
FIG. 45 RoW Mobile Point-Of-Sales Terminals Software Market Revenue, 2013 – 2022, (US$ Bn)
FIG. 46 Comparative Analysis of RoW Mobile Point-Of-Sales Terminals Market Revenue, By Country, 2013 – 2022, (US$ Bn)
FIG. 47 Comparative Analysis of RoW Mobile Point-Of-Sales Terminals Market Volume, By Region, 2013 – 2022, (Mn Units)

End-use Segmentation Analysis

On the basis of end-use, the mobile POS terminals market is categorized into following verticals:

  • Restaurants (Quick Serve Restaurants, Bars, Food Chains, etc.)
  • Hospitality (lodging establishments, hotels, motels, etc.)
  • Healthcare
  • Retail
  • Transportation and Warehousing
  • Sports and Entertainment
  • Others (Field Services, Government, etc.)

Their contribution to the global mobile Point of Sale terminals market in 2014 is shown in the figure below:

Mobile Point Of Sales (mPOS) Terminals Market

Retail was the largest end-use segment in the global mobile POS terminals market, accounting for over one third of the global market revenue and shipments in 2014. The penetration rate of mobile POS terminals has been the highest in the retail segment, especially among micro-merchants. However, there also lie potential growth opportunities with larger merchants. Mobile Point of Sale Terminal solutions enable larger merchants to enhance the in-store buying experience of their customers and offer sales force with an integrated payment capability.

Based on types of components, the global mobile POS terminals market is segmented into following categories

  • Mobile POS Terminal Hardware
  • Mobile POS Terminal Software

Their contribution to the global mobile Point of Sale terminals market in 2014 is shown in the figure below:

Mobile Point Of Sales (mPOS) Terminals Market

 

In 2014, the hardware components including tablets (generally an iPad), smartphone paired with a credit/debit card reader, and hand held terminals accounted for majority of the market revenue share. Although hardware segment is expected to remain the largest revenue contributor to the global mobile POS terminals market, software segment is expected to witness comparatively higher growth during the forecast period 2015 -2022. Since mPOS hardware has become a commodity, vendors across the globe have switched their focus towards the more profitable software and services business.

On the basis of geography, the global mobile POS terminals market is segmented into following regions and countries.

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Indian Subcontinent
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

Their contribution to the global mobile Point of Sale terminals market in 2014 is shown in the figure below

 

Mobile Point Of Sales (mPOS) Terminals Market

Mobile Point of Sale (mPOS) terminals have brought a new dynamism to the global mobile proximity payments market. Although the demand for mPOS solutions have been predominant in mature markets like North America and Europe, there exist healthy growth opportunities for mPOS solutions in emerging markets having a very large base of small and micro merchants with limited penetration of traditional Point of Sale (POS) terminals. Over the forecast period, we expect rising adoption of mPOS solutions in the more mPOS-ready markets such as Asia Pacific and RoW, as service providers seek to achieve first-mover advantage.

Mobile Point-Of-Sale terminal is a tablet (generally an iPad), smartphone, or any dedicated wireless device capable of performing functions of an electronic point of sale terminal or cash register. The idea of converting a tablet or smartphone into a payment acceptance device was first introduced by Square Inc. in 2009. This simple innovation soon caught the imagination of the world, resulting in the emergence of a host of competitors across the POS terminal industry.  Today, mPOS solutions have been adopted in all parts of the world, complementing the traditional fixed POS systems by augmenting functionalities. Thus, mobile Point of Sale solutions have extended the landscape of electronic payments industry by capitalizing on the prevailing trend towards mobile services.

Mobile Point-Of-Sale solutions allow merchants, including street vendors, door-to-door salespeople, and in-house sales associates to easily accept payments via their mobile devices. Merchants, who were reluctant to accept card payments and operated on an invoice or cash only basis, have started adopting mobile POS solutions owing to following benefits offered: 

  • Lower Total Cost of Ownership

 Mobile POS solutions are either offered for free as a part of service bundle or are available at a very low cost as compared to the traditional POS terminal stations. Furthermore, since most merchants already own a smartphone or tablet, it eliminates the additional expense associated with the purchase, installation, and maintenance.

  • Portability

Mobile POS solutions offer better portability and greater ease of use, both of which are crucial for mobile merchants with no fixed place of business.

  • Flexibility and Better User Interface (UI)

Mobile POS solutions support flexible software development platforms that can be easily integrated with existing environments. In addition, mobile solutions also offer user friendly UIs for both consumer and merchant.

Although mobile POS solutions have been around for a number of years (introduced in the latter half of the last decade), they have failed to realize their full potential till as recently as the first half of this decade. However, the proliferation of personal mobility devices and capabilities coupled with the low upfront cost is expected to fuel their adoption beyond the core retail and hospitality segment in the coming years. Thus, what began as a service for small sized businesses unable to accept card payments, is eventually expected to become the means for extending the reach of larger enterprises. Mobile POS vendors across the globe have already started positioning mobile POS solutions as add-ons to the traditional fixed POS systems capable of transforming customer-business interaction and enriching the customer buying experience.

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