Global mPOS Terminals Market Segments 2024, Forecast To 2033
5 Mar, 2024
The mPOS terminals market has experienced rapid growth, advancing from $34.72 billion in 2023 to $41.25 billion in 2024, with an 18.8% CAGR. Historical growth is linked to the emergence of smart devices, shifts in payment behavior, market entry by new players, regulatory changes, and market consolidation. Expecting continued rapid growth, the market is projected to reach $83.48 billion in 2028, with a 19.3% CAGR. Noteworthy trends include market penetration, the rise in digital transactions, e-commerce integration, remote work and transactions, and shifts in consumer behavior.
Global mPOS Terminals Market Key Driver
The mPOS terminal market is on the rise with the increasing use of digital payments. The World Bank's data highlights that 76% of adults globally have a digital payment account. With a growing number of digital payment users, the demand for mobile point-of-sale terminals increases, indicating a positive trend in the market.
Get A Free Sample Of The Global mPOS Terminals Market ReportGlobal mPOS Terminals Market Segments
The mpos terminals market covered in this report is segmented –
1) By Component: POS Terminals, POS Software, Services
2) By Solution: Hardware, Software
3) By Deployment: On-Premise, Cloud-Based
4) By Application: Entertainment, Healthcare, Hospitality, Restaurant, Retail, Warehouse, Other Applications
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the mPOS terminals market in 2023. The regions covered in the mpos terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major mPOS Terminals Industry Players
Ingenico Group; PAX Global Technology Limited; NCR Corporation; Oracle Corporation; VeriFone Inc.; AURES Group; Fiserv Inc.; Intuit Inc.; New POS Technology Ltd.; Newland Auto-ID Tech. Co. Ltd.; Panasonic Holdings Corporation; PAR Technology; Posiflex Technology Inc.; Square Inc.; Zebra Technologies Corp.; BBPOS Limited; Bitel Co. Ltd.; Diebold Nixdorf Incorporated; First Data Corporation; Fujian Newland Payment Technology; HP Development Company L.P.; Micros Systems Inc.; NEC Corporation; SAMSUNG ELECTRONICS; Shenzhen Zhengtong (SZZT) Electronics Co Ltd; Adyen N.V.; iZettle AB; PayPal Inc.; Sage Pay Limited; SumUp Payments UAB
Get The Full Global mPOS Terminals Market Report
AIOps mPOS Terminals Market Overview
mPOS (mobile point-of-sale) terminals refer to smartphones, tablets, or other wireless devices that may wirelessly execute the tasks of a cash register or electronic point-of-sale terminal (POS terminal). An mPOS terminal is used to accept payments from digital wallets as well as credit, debit, and other card types.
mPOS Terminals Global Market Report 2023 provides data on the global mpos terminals market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The mpos terminals market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.