This Mobile Point Of Sale Devices Mpos market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Mobile Point Of Sale Devices Mpos market.
Point of sale device (mPOS) performs the function of electronic point of sale terminal or cash register with the help of a smartphone, tablet or dedicated wireless device. Mobile point of sale devices (mPOS) are wireless devices and process the payments from various methods like credit cards and debit cards, recently the Mobile point of sale device services are extended to mobile wallets and NFC as well.
Mobile point of sale device (mPOS) are cost efficient and suitable for all types of businesses, Mobile point of sale device is equipped with SIM card slot which enables the merchants at remote locations to operate smoothly. Mobile point of sale device eliminates a single point of check out for big business which enhances customer buying experience.
Mobile point of sale Devices (mPOS) Market Drivers and Restraints
Key driver for Mobile point of sale (mPOS) devices includes low cost of devices. Mobile point of sale devices (mPOS) can be equipped with any existing smartphone, mobility is another key driver for the Mobile point of sale device market, Mobile point of sale devices can be operated at any remote locations and supports the merchants who has no fixed place, other drivers include high level of customization basing on the requirement of the customer. Mobile point of sale devices also offers the customers with centralized data base management.
Migration from conventional POS systems to Mobile point of sale devices (mPOS) system is one of the key restrains for the market. Preference for cash transactions rather than Mobile point of sale devices (mPOS) transactions by micro and small merchants is another restraint for Mobile point of sale devices market. Security risks associated with Mobile point of sale device is also one of the key restraints
Mobile point of sale (mPOS) Devices : Regional Outlook
On the basis of regions, Mobile point of sale (mPOS) Devices can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.
North America and Western Europe Mobile point of sale (mPOS) Devices market is predominantly mature as compared to the other regional market as they are fast in the adoption of technology. Mobile point of sale (mPOS) Devices in Asia Pacific excluding Japan and Japan are expected to possess maximum potential in the forecast period. Mobile point of sale (mPOS) Devices in Latin America and Middle East and Africa are also projected to witness positive growth during the forecast period.
Mobile point of sale (mPOS) Devices market: Competition Landscape
Key vendor in the Mobile point of sale (mPOS) Devices market includes VeriFone Systems Inc, Square Inc, First Data Corp, LifePay ZAO, Upserve Inc, Paynear Solutions Private Limited, CardFlight, Inc. Ingenico Group, Zebra Technologies Corp, Hewlett-Packard Development Company, L.P.
The report covers exhaustive analysis on:
- Mobile point of sale (mPOS) Devices market Segments
- Mobile point of sale (mPOS) Devices market Dynamics
- Historical Actual Market Size, 2012 - 2014
- Mobile point of sale (mPOS) Devices market Size & Forecast 2015 to 2025
- Supply & Demand Value Chain
- Mobile point of sale (mPOS) Devices market Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
- Mobile point of sale (mPOS) Devices market Drivers and Restraints
Regional analysis for Mobile point of sale (mPOS) Devices market includes the development of these systems in the following regions:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Rest of Western Europe
- Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Mobile point of sale Devices (mPOS): Market Segmentation
Mobile point of sale devices market is mainly segmented by
By Solution Type
- Integrated Card Reader Solutions
- Card Reader Accessories
- Hybrid Technology Solutions
- EMV Chip
- Pin Magnetic-Stripe Chip
- Sign Near Field Communication (NFC)
- Hybrid Technology Solutions
- Restaurant Hospitality (Lodging)
- Retail Warehouse/Distribution
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth Polishing / Lapping Film market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Frequently Asked Questions
What research methodology is used to develop the Mobile Point Of Sale Devices Mpos Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Mobile Point Of Sale Devices Mpos Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
What else does FMI offer apart from Mobile Point Of Sale Devices Mpos Market report?
In addition to up-to-date market figures and customized of the Mobile Point Of Sale Devices Mpos Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.