The Mobile Point Of Sale Devices (mPOS) Market is estimated to be valued at USD 37.2 billion in 2025 and is projected to reach USD 248.3 billion by 2035, registering a compound annual growth rate (CAGR) of 20.9% over the forecast period.
Metric | Value |
---|---|
Mobile Point Of Sale Devices (mPOS) Market Estimated Value in (2025 E) | USD 37.2 billion |
Mobile Point Of Sale Devices (mPOS) Market Forecast Value in (2035 F) | USD 248.3 billion |
Forecast CAGR (2025 to 2035) | 20.9% |
The mobile point of sale (mPOS) devices market is evolving rapidly, influenced by the growing shift toward contactless commerce, real-time transaction processing, and enhanced portability for in-store and field-based sales environments. Businesses across sectors are prioritizing flexible and secure payment acceptance capabilities that align with omnichannel retail strategies.
Regulatory shifts around payment authentication, increased consumer reliance on digital wallets, and broader internet accessibility have improved the viability of mPOS systems even in rural and underbanked regions. Adoption is further supported by advancements in connectivity, compact device designs, and compatibility with enterprise-grade software.
With cost optimization and workforce mobility playing central roles in post-pandemic recovery, mPOS solutions are being adopted for their operational agility and integration flexibility. Looking ahead, the sector is expected to benefit from API-driven software platforms, next-gen chip technology, and growth in SME digitization initiatives.
The market is segmented by Solution Type and Technology and region. By Solution Type, the market is divided into Integrated Card Reader Solutions, Card Reader Accessories, Dongles, and Sleeves. In terms of Technology, the market is classified into EMV Chip, Hybrid Technology Solutions, Pin Magnetic-Stripe Chip, Sign Near Field Communication (NFC), and Biometrics. Regionally, the market is classified into North America, Latin America, Western Europe, Eastern Europe, Balkan & Baltic Countries, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and the Middle East & Africa.
Integrated card reader solutions are projected to hold 48.0% of the total mPOS market revenue in 2025, positioning them as the leading solution type. This dominance is being driven by the seamless combination of hardware and software in a unified device, which simplifies deployment and minimizes compatibility issues.
Businesses are increasingly opting for integrated systems to reduce latency in transactions, enhance data security, and streamline point-of-sale operations. The ability to process multiple payment methods, including EMV chip, magnetic stripe, and NFC, within a single compact unit has significantly boosted market demand.
As merchants seek to reduce counter clutter and improve portability for queue busting and on-the-go sales, integrated card readers are being favored for their reliability, durability, and simplified user interface across diverse retail and service settings.
EMV chip technology is anticipated to account for 34.0% of the overall market revenue in 2025, marking it as the dominant mPOS technology. This segment’s growth is being fueled by increasing regulatory mandates and industry-wide transitions away from magnetic stripe cards to chip-based authentication protocols.
EMV offers higher security through dynamic data encryption and reduced fraud risk during card-present transactions, making it the preferred standard in both developed and emerging markets. Adoption is further supported by financial institutions and payment gateways incentivizing merchants to transition to EMV-compliant devices.
As data breach concerns and consumer awareness around secure payments intensify, EMV-enabled mPOS devices continue to gain trust and preference. Compatibility with both contact and contactless chip cards has strengthened its relevance in fast-paced retail environments requiring low error rates and swift transaction approvals.
Businesses in the retail and hospitality sectors may now increase client engagement and handle inventory management due to mPOS. The usage of mPOS terminals to track loyalty programs is one example.
The market for mobile point-of-sale (mPOS) terminals offers tremendous income potential due to demand from SMEs and micro-merchants. The market's major vendors offer services like product details, inventory management, and payment applications together with mPOS.
Large businesses are also anticipated to use the mPOS system, as it can merge payment and data collection while improving in-store consumer experiences. Therefore, the rapidly expanding market for debit and credit cards presents prospects for the mobile point of sales devices market.
New Offerings
There has been a new mobile point of sales devices market provider offering plans with no monthly fees, flat rate percentage pricing, cheap hardware, and low ongoing maintenance costs.
LevelUp, a USA-based business, offers 0% payment processing fees in exchange for required marketing services. Due to the growing number of competitors in the market, pricing-based competition among mobile point of sales device manufacturers is anticipated to be fierce in the near future. Therefore, it is projected that value-added services and product uniqueness is crucial in maintaining the competitive environment.
Digital Payments
The future of digital payment is likely to be shaped by mPOS systems. This is attributed in large part to the development of the smartphone trend.
The possibilities for mobile point-of-sale (mPOS) terminals can be improved as smart devices like tablets are increasingly used for online transactions. For instance, mPOS vendors now prefer to waive monthly fees and lower maintenance costs to draw in retailers.
North America drives the mobile point of sale market. Moreover, the demand for mobile point of sales devices in North America is driven by the abundance of small and medium-sized businesses and micro-merchants.
As they adopt technology quickly, the North American market for mobile point of sale (mPOS) devices is more developed than other regional markets. During the projected period, the area is likely to hold 29.9% of the mobile point of sales devices market share.
The European mobile point-of-sale (mPOS) market has been stimulated by a cloud-based, adaptable, secure, and quick mPOS solution. The mobile point of sales devices market share is projected to be driven by the increased adoption of advanced technologies by European retailers and merchants.
In addition, banks in various locations have taken steps to enable mPOS to give users lower payment fees. The region is expected to gain 22.8% of the global market share for mobile point-of-sale devices during the projection period.
The key end-user industries that are enhancing and expanding the demand for mobile point of sales devices are Hybrid Technology Solutions, Restaurant Hospitality (Lodging), Healthcare, Retail Warehouse/Distribution, and Entertainment.
Start-Ups | Development |
---|---|
Clip | A startup company called Clip offers mPOS solutions for physical retailers. Merchants may now accept payments on their smartphone or tablet with the Clip card reader. It provides safe transactions with Clip Lock, an SMS-based transaction security solution. |
iZettle | iZettle was established by Jacob De Geer and is situated in Stockholm. To date, it has raised USD 102 million from a variety of sources, including Index Ventures, Greylock Partners, and American Express. Swedish, German, Finnish, Norwegian, Spanish, Danish, Mexican, and Brazilian markets are served by the business. Many people view it as the European market leader. |
Poynt | Poynt is a company that was established in the USA in 2013 and sells a payment terminal that combines an Android tablet with a hardware docking station and supports a range of payment methods, including conventional magnetic stripe cards, EMV, NFC, Bluetooth, QR codes, and beacon technology. |
Mobile point of sale (mPOS) terminals, multiple players are anticipated to benefit from early-mover advantages offered by emerging economies. The client base for using NFC and Europay, Master Card, and Visa (EMV) payments are continually growing, widening the avenue.
Solution vendors continue to emphasize the many advantages of mobile point of sale (mPOS) to restaurants, hospitality, and retail retailers. One of the first businesses in the world to develop an mPOS device for merchants was Square, a San Francisco-based company that Jack Dorsey, the co-founder of Twitter, helped build.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 20.9% from 2025 to 2035 |
Base Year for Estimation | 2025 |
Historical Data | 2020 to 2024 |
Forecast Period | 2025 to 2035 |
Quantitative Units | Revenue in USD Million and CAGR from 2025 to 2035 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Type, Technology, End Use, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; The Asia Pacific excluding Japan; Japan; The Middle East and Africa |
Key Countries Profiled | The USA, Canada, Brazil, Argentina, Germany, The United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, GCC Countries, South Africa |
Key Companies Profiled | Tait Communications; Motorola Solutions, Inc; JVCKENWOOD Corporation; Icom America Inc; Hytera Communications; Sepura plc; Yaesu USA; Entel; Uniden; Kirisun Communications Co.; Quansheng |
Customization | Available Upon Request |
The global mobile point of sale devices (mPOS) market is estimated to be valued at USD 37.2 billion in 2025.
The market size for the mobile point of sale devices (mPOS) market is projected to reach USD 248.3 billion by 2035.
The mobile point of sale devices (mPOS) market is expected to grow at a 20.9% CAGR between 2025 and 2035.
The key product types in mobile point of sale devices (mPOS) market are integrated card reader solutions, card reader accessories, dongles and sleeves.
In terms of technology, emv chip segment to command 34.0% share in the mobile point of sale devices (mPOS) market in 2025.
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