Mobile POS Terminals Market Top Key Players: Verifone, Samsung Electronics, Motorola, Apple, Oracle, New POS Technology, NCR Corporation, Ingenico Mobile Solutions, Square
Global mPOS Terminals Market set to see strong growth to 2024
(EMAILWIRE.COM, August 21, 2018 ) Market Overview: -
Mobile POS Terminals Market set to reach USD 55 billion by 2024. Increasing popularity of contactless and NFC-supported payments at various merchant locations is driving the mPOS terminals market growth. These payment modes promote digital and cashless payments that reduce the hassle and frauds occurring in regular transactions. The contactless options provide easy and secure transactions with the use of smartphones and banking applications. The contactless cards are embedded with several security layers for fraud protection and can work within a few meters of terminals, ensuring quick fraud detection.
Government initiatives and regulations adopted in several countries for promoting digital transactions propel the mPOS terminals market growth at high rates. For instance, the Government of India passed the demonetization law and initiative for digital payment to reduce the amount of black and fraud transactions in the country. The government has also provided various schemes and benefits for the development of SMEs that operate various digital transaction applications. Small businesses get the advantages in easy fund and loan provisions along with creating employment opportunities in rural and urban areas.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/464
Top Key Players: -
Players operating in the mPOS terminals market include Verifone, Samsung Electronics, Motorola, Apple, Inc., Oracle, New POS Technology, NCR Corporation, Ingenico Mobile Solutions, and Square, Inc. Companies focus on developing technically-advanced and high-quality products that enable the recent cloud-based technologies to sustain the mPOS terminals market competition.
Market share calculation in this report is not done based on companies covered in it. The calculation of mPOS terminals market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentation: -
The U.S. is dominating mPOS terminals market owing to the early adoption of advanced technologies in the country. The adoption of digitization in various business verticals across the North American region is creating high industry growth opportunities.
Emerging trends of mobile and digital payments and shift to EMV and contactless card transactions are anticipating the consumption of mPOS devices. Growing use of electronic devices including smartphones and tablets in the Asia Pacific region is creating a high demand for the mPOS terminals market. Government initiatives for digitization and cashless payments in India are driving the industry growth.
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/464
Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. mPOS terminal industry 360º synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Solution trends
2.1.3. Type trends
2.1.4. Deployment trends
2.1.5. Application trends
2.1.6. Regional trends
Chapter 3. mPOS Terminal Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. POS terminal industry landscape, 2013 – 2024
3.2.1.1. Payment industry landscape
3.2.1.2. POS terminal market size and forecast, 2013 – 2024
3.2.1.2.1. North America
3.2.1.2.2. Europe
3.2.1.2.3. Asia Pacific
3.2.1.2.4. Latin America
3.2.1.2.5. MEA
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. System integrators
3.3.4. Service providers
3.3.5. Distribution channel analysis
3.3.6. End-user / Acquirer landscape
3.3.7. Vendor matrix
3.4. Technology landscape
3.4.1. Technology roadmap
3.4.2. Android and iOS mPOS
3.4.3. Biometric recognition technology
3.4.4. IoT technology
3.4.5. Mobile wallet technology
3.4.6. NFC technology
3.4.7. Smart card / EMV chip card capabilities
3.5. Price trend analysis
3.5.1. By region
3.5.1.1. North America
3.5.1.2. Europe
3.5.1.3. Asia Pacific
3.5.1.4. Latin America
3.5.1.5. Middle East and Africa
3.5.2. By application
3.5.2.1. Entertainment
3.5.2.2. Healthcare
3.5.2.3. Hospitality
3.5.2.4. Restaurant
3.5.2.5. Retail
3.5.2.6. Warehouse
3.6. Regulatory landscape
3.6.1. EMV mandate
3.6.2. PCI DSS
3.6.3. Electronic Fund Transfer Act (EFTA)
3.6.4. European Payment Council (EPC)
3.6.5. Others
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. EMV card penetration in the U.S.
3.7.1.2. Surge in NFC / contactless payment in the UK
3.7.1.3. Stringent government regulations across Europe
3.7.1.4. Rising number of online payments in China
3.7.1.5. Demonetization effect in India
3.7.1.6. Proliferation of RFID tagging in Japan
3.7.1.7. Infrastructure development in Latin America
3.7.1.8. Growth in the retail industry across the UAE
3.7.2. Industry pitfalls and challenges
3.7.2.1. Data security concerns
3.7.2.2. Lack of standardization
3.8. Growth potential analysis
3.9. Porter’s analysis
3.9.1. Threat of new entrants
3.9.2. Threat of substitutes
3.9.3. Bargaining power of suppliers
3.9.4. Bargaining power of buyers
3.9.5. Industry rivalry
3.10. Competitive landscape, 2017
3.10.1. Company market share analysis
3.10.2. Investment landscape
3.10.3. Strategic dashboard
3.11. PESTEL analysis
Browse Full Report @ https://bit.ly/1UidN22
The cloud-based deployment segment in the mPOS terminals market is witnessing high growth opportunities owing to the operational benefits associated with them. These deployments save the storage space required for a number of handheld and physical payment devices. Digital transactions through cloud-based technologies eliminate the calculation and accounting hassles in large retail stores, facilitating easy customer transactions. Players have developed several solutions based on the Software-as-a-Service technology, ensuring the mPOS terminals market growth.
Major consumers in the mPOS terminals market include retail and healthcare sectors owing to the benefits such as payment mobility, EMV migration, and personalized customer services. Retail shops deploy these devices and different mobile wallets at high rates to ease the payment process and maintain the daily transactions record. These devices aid retailers in obtaining and upgrading the accounting information by eliminating the human calculations and time required to perform the process.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Mobile POS Terminals Market set to reach USD 55 billion by 2024. Increasing popularity of contactless and NFC-supported payments at various merchant locations is driving the mPOS terminals market growth. These payment modes promote digital and cashless payments that reduce the hassle and frauds occurring in regular transactions. The contactless options provide easy and secure transactions with the use of smartphones and banking applications. The contactless cards are embedded with several security layers for fraud protection and can work within a few meters of terminals, ensuring quick fraud detection.
Government initiatives and regulations adopted in several countries for promoting digital transactions propel the mPOS terminals market growth at high rates. For instance, the Government of India passed the demonetization law and initiative for digital payment to reduce the amount of black and fraud transactions in the country. The government has also provided various schemes and benefits for the development of SMEs that operate various digital transaction applications. Small businesses get the advantages in easy fund and loan provisions along with creating employment opportunities in rural and urban areas.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/464
Top Key Players: -
Players operating in the mPOS terminals market include Verifone, Samsung Electronics, Motorola, Apple, Inc., Oracle, New POS Technology, NCR Corporation, Ingenico Mobile Solutions, and Square, Inc. Companies focus on developing technically-advanced and high-quality products that enable the recent cloud-based technologies to sustain the mPOS terminals market competition.
Market share calculation in this report is not done based on companies covered in it. The calculation of mPOS terminals market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentation: -
The U.S. is dominating mPOS terminals market owing to the early adoption of advanced technologies in the country. The adoption of digitization in various business verticals across the North American region is creating high industry growth opportunities.
Emerging trends of mobile and digital payments and shift to EMV and contactless card transactions are anticipating the consumption of mPOS devices. Growing use of electronic devices including smartphones and tablets in the Asia Pacific region is creating a high demand for the mPOS terminals market. Government initiatives for digitization and cashless payments in India are driving the industry growth.
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/464
Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. mPOS terminal industry 360º synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Solution trends
2.1.3. Type trends
2.1.4. Deployment trends
2.1.5. Application trends
2.1.6. Regional trends
Chapter 3. mPOS Terminal Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. POS terminal industry landscape, 2013 – 2024
3.2.1.1. Payment industry landscape
3.2.1.2. POS terminal market size and forecast, 2013 – 2024
3.2.1.2.1. North America
3.2.1.2.2. Europe
3.2.1.2.3. Asia Pacific
3.2.1.2.4. Latin America
3.2.1.2.5. MEA
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. System integrators
3.3.4. Service providers
3.3.5. Distribution channel analysis
3.3.6. End-user / Acquirer landscape
3.3.7. Vendor matrix
3.4. Technology landscape
3.4.1. Technology roadmap
3.4.2. Android and iOS mPOS
3.4.3. Biometric recognition technology
3.4.4. IoT technology
3.4.5. Mobile wallet technology
3.4.6. NFC technology
3.4.7. Smart card / EMV chip card capabilities
3.5. Price trend analysis
3.5.1. By region
3.5.1.1. North America
3.5.1.2. Europe
3.5.1.3. Asia Pacific
3.5.1.4. Latin America
3.5.1.5. Middle East and Africa
3.5.2. By application
3.5.2.1. Entertainment
3.5.2.2. Healthcare
3.5.2.3. Hospitality
3.5.2.4. Restaurant
3.5.2.5. Retail
3.5.2.6. Warehouse
3.6. Regulatory landscape
3.6.1. EMV mandate
3.6.2. PCI DSS
3.6.3. Electronic Fund Transfer Act (EFTA)
3.6.4. European Payment Council (EPC)
3.6.5. Others
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. EMV card penetration in the U.S.
3.7.1.2. Surge in NFC / contactless payment in the UK
3.7.1.3. Stringent government regulations across Europe
3.7.1.4. Rising number of online payments in China
3.7.1.5. Demonetization effect in India
3.7.1.6. Proliferation of RFID tagging in Japan
3.7.1.7. Infrastructure development in Latin America
3.7.1.8. Growth in the retail industry across the UAE
3.7.2. Industry pitfalls and challenges
3.7.2.1. Data security concerns
3.7.2.2. Lack of standardization
3.8. Growth potential analysis
3.9. Porter’s analysis
3.9.1. Threat of new entrants
3.9.2. Threat of substitutes
3.9.3. Bargaining power of suppliers
3.9.4. Bargaining power of buyers
3.9.5. Industry rivalry
3.10. Competitive landscape, 2017
3.10.1. Company market share analysis
3.10.2. Investment landscape
3.10.3. Strategic dashboard
3.11. PESTEL analysis
Browse Full Report @ https://bit.ly/1UidN22
The cloud-based deployment segment in the mPOS terminals market is witnessing high growth opportunities owing to the operational benefits associated with them. These deployments save the storage space required for a number of handheld and physical payment devices. Digital transactions through cloud-based technologies eliminate the calculation and accounting hassles in large retail stores, facilitating easy customer transactions. Players have developed several solutions based on the Software-as-a-Service technology, ensuring the mPOS terminals market growth.
Major consumers in the mPOS terminals market include retail and healthcare sectors owing to the benefits such as payment mobility, EMV migration, and personalized customer services. Retail shops deploy these devices and different mobile wallets at high rates to ease the payment process and maintain the daily transactions record. These devices aid retailers in obtaining and upgrading the accounting information by eliminating the human calculations and time required to perform the process.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results