Report

src

Mobile POS Terminals Market, By Deployment (On-Premise and Cloud-Based); By End-use Industry (Retail, Hospitality, Healthcare, Restaurant and Others) Market Growth, Future Prospects, Post COVID-19 Scenario 2021 - 2028

 Report Code
 Category
 Published Date
 Pages
 Format
MNR-1494
Software and Services
26 July 2021
212
PDF
Customization
  • We provide customized solutions to cater to your specific requirement services any region, product, or any specific market segment.

The mobile POS or mobile point-of-sale (mPOS) is a wireless device, tablet or smartphone which performs various functions such as wireless electronic point-of-sale or cash register. The mPOS is used in different businesses for  transaction purpose which help  interaction with customers from any location. For implementing a mobile POS terminal for any business, it needs smart devices that has application downloaded which could be used for  business transactions, along with this, the businesses also need debit and credit card readers and internet connection. Moreover, an mPOS terminal can also be paired with other POS hardware such as cash drawer and barcode scanner. Apart from this, when mobile POS is compared with traditional POS, mPOS is compact and it can be deployed wherever the business moves and also has high security standards. Moreover, based on the software used by the mPOS terminals, it acts as a stand-alone device which can be linked to business’s bank account. Here, in mPOS terminals, customer’s data is protected by using encryption technology and stored on the clouds and in the on-premises data stores. The mPOS terminal offers versatile financial transactions at a single location and  also enhances the customer experience by offering multiple options for payment, reduces waiting time and speed up the services. In addition, due to its portability, it can be used for different mobile businesses, such as home services, repair services, food trucks, flea markets, sports venues and vendors in the market, among others.
 
Furthermore, the mobile POS terminals can be deployed using two different types such as on-premise and cloud-based. Apart from this, mPOS terminals are also used in various end-use industries such as retail, hospitality, healthcare, and restaurant, etc. Some of the key players in the global mobile POS terminals market are Telepower Communication Co., Ltd., Square, Inc., Vend Limited, ETP Group Pte Ltd., Newland Payment Technology, NCR Corporation, Bitel Co., Ltd., BBPOS Limited, SZZT Electronics Shenzhen Co., Ltd. and NEW POS TECHNOLOGY LIMITED.
 
Global Mobile POS Terminals Market, By Deployment
Based on deployment, mobile POS terminals market is segmented into the following:
  • On-Premise
  • Cloud-Based
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Mobile POS Terminals Value Share, By Deployment Type, 2019 & 2028(% Value)

 
In 2020, the cloud-based segment led the overall mobile POS terminals market in terms of market value accounting for over 62% of the global market. The cloud-based mobile POS terminals are widely used by  retailers and vendors, as it does not need extra hardware for data storage and security. The security of the data is maintained by  service providers or third party, hence it has high demand in the market. There is rise in adoption of cloud-based mobile POS terminals in small businesses due to its flexible functions and low cost. The software that are used in the cloud-based terminals help in managing inventory, store customer’s data, track orders, and helps to increase profitability and productivity. Moreover, the rising use of digital payment solutions and other digital wallets tends to enhance the demand for cloud-based mPOS terminals market. Also, on-premise mPOS terminals are expected to witness high growth during the forecast period due to rising concerns for data security.
 
Global Mobile POS Terminals Market, By End-use Industry
Based on end-use industry, the mobile POS terminals market is segmented into the following:
  • Retail
  • Hospitality
  • Healthcare
  • Restaurant
  • Others
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Mobile POS Terminals Value Share, By End-use Industry, 2019 & 2028(% Value)

 
In 2020, the retail segment led the overall mobile POS terminals market in terms of market value. There has been rise in  small and medium size retail businesses across the world who are adopting mobile POS terminals for their daily transactions. As mobile POS terminals help  enhance the customer experience by offering multiple options for payment, to track orders, and manage inventory, due to which it has huge demand in the retail sector. With the increasing availability of internet,  wireless connectivity and rising adoption of advanced technology, there has been growing demand for mobile POS terminals in the retail industry. Apart from this, retail industry is expected to witness high market share during the forecast period due to rising micro-merchants across the world.
 
Global Mobile POS Terminals Market, By Geography
Based on geography, the mobile POS terminals market is segmented into following:
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Mobile POS Terminals Value Share, By Region, 2019 & 2028(% Value)

 
In 2020, Asia Pacific held the largest share in the mobile POS terminals market because of  high adoption of advanced technology in the businesses and rising digital payments across Asia pacific region. There has been increase in urbanization in the developing countries of Asia Pacific such as in China, India and other countries. Apart from this, these countries also have highest population growth, which in return increase the demand for the businesses, thereby upsurging the market growth. Moreover, there has been increase in small and medium size businesses in  Asia Pacific region and rising growth of the retail, healthcare and hospitality industry in the region leads to the adoption of mobile POS terminals. In addition, rising government initiatives in most of the Asia Pacific countries for increasing digital payments such as China's Digital Guangdong initiative, India’s cashless initiative and e-government strategy in South Korea, among others also enhance the demand for  mobile POS terminals market. Asia Pacific region is expected to witness to highest growth during the forecast period due to rising e-commerce and retail sector in the region.
 

Chapter 1    Preface
        1.1    Report Description
                1.1.1    Aim of the Report
                1.1.2    Report Target Audience
                1.1.3    Report Offering
        1.2    Research Scope
        1.3    Research Methodology
                1.3.1    Phase I – Secondary Research
                1.3.2    Phase II – Primary Research
                1.3.3    Phase III – Expert Panel Review
                1.3.4    Assumptions
                1.3.5    Top-Down and Bottom-Up Approach

Chapter 2    Executive Summary
        2.1    Market Snapshot: Global Mobile POS Terminals Market
        2.2    Global Mobile POS Terminals Market, By Deployment Type
        2.3    Global Mobile POS Terminals Market, By End-use Industry
        2.4    Global Mobile POS Terminals Market, By Geography

Chapter 3    Market Dynamics
        3.1    Product and Market Insights
                3.1.1    Global Mobile POS Terminals Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
        3.2    Market Dynamics
                3.2.1    Growth Drivers
                3.2.2    Market Restraints
                3.2.3    Impact Analysis of Drivers and Restraints
                3.2.4    COVID-19 Impact
        3.3    Attractive Investment Proposition
        3.4    Competitive Analysis
                3.4.1    Competitive Landscape in the Mobile POS Terminals Market

Chapter 4    Global Mobile POS Terminals Market Analysis, By Deployment Type
        4.1    Overview
        4.2    On-Premise
                4.2.1    Global On-Premise Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
        4.3    Cloud-Based
                4.3.1    Global Cloud-Based Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)

Chapter 5    Global Mobile POS Terminals Market Analysis, By End-use Industry
        5.1    Overview
        5.2    Retail
                5.2.1    Global Mobile POS Terminals Market Value for Retail, 2018 – 2028, (US$ Mn)
        5.3    Hospitality
                5.3.1    Global Mobile POS Terminals Market Value for Hospitality, 2018 – 2028, (US$ Mn)
        5.4    Healthcare
                5.4.1    Global Mobile POS Terminals Market Value for Healthcare, 2018 – 2028, (US$ Mn)
        5.5    Restaurant
                5.5.1    Global Mobile POS Terminals Market Value for Restaurant, 2018 – 2028, (US$ Mn)
        5.6    Others
                5.6.1    Global Mobile POS Terminals Market Value for Others, 2018 – 2028, (US$ Mn)

Chapter 6    North America Mobile POS Terminals Market Analysis
        6.1    Overview
        6.2    North America Mobile POS Terminals Market Analysis, By Deployment Type, 2018 – 2028
                6.2.1    Market Analysis
        6.3    North America Mobile POS Terminals Market Analysis, By End-use Industry, 2018 – 2028
                6.3.1    Market Analysis
        6.4    North America Mobile POS Terminals Market Analysis, By Country, 2018 – 2028
                6.4.1    Market Analysis
                6.4.2    U.S.
                6.4.3    Canada

Chapter 7    Europe Mobile POS Terminals Market Analysis
        7.1    Overview
        7.2    Europe Mobile POS Terminals Market Analysis, By Deployment Type, 2018 – 2028
                7.2.1    Market Analysis
        7.3    Europe Mobile POS Terminals Market Analysis, By End-use Industry, 2018 – 2028
                7.3.1    Market Analysis
        7.4    Europe Mobile POS Terminals Market Analysis, By Country, 2018 – 2028
                7.4.1    Market Analysis
                7.4.2    UK
                7.4.3    Germany
                7.4.4    France
                7.4.5    Rest of Europe

Chapter 8    Asia Pacific Mobile POS Terminals Market Analysis
        8.1    Overview
        8.2    Asia Pacific Mobile POS Terminals Market Analysis, By Deployment Type, 2018 – 2028
                8.2.1    Market Analysis
        8.3    Asia Pacific Mobile POS Terminals Market Analysis, By End-use Industry, 2018 – 2028
                8.3.1    Market Analysis
        8.4    Asia Pacific Mobile POS Terminals Market Analysis, By Country, 2018 – 2028
                8.4.1    Market Analysis
                8.4.2    China
                8.4.3    Japan
                8.4.4    India
                8.4.5    Rest of Asia Pacific

Chapter 9    Latin America Mobile POS Terminals Market Analysis
        9.1    Overview
        9.2    Latin America Mobile POS Terminals Market Analysis, By Deployment Type, 2018 – 2028
                9.2.1    Market Analysis
        9.3    Latin America Mobile POS Terminals Market Analysis, By End-use Industry, 2018 – 2028
                9.3.1    Market Analysis
        9.4    Latin America Mobile POS Terminals Market Analysis, By Country, 2018 – 2028
                9.4.1    Market Analysis
                9.4.2    Mexico
                9.4.3    Brazil
                9.4.4    Rest of Latin America

Chapter 10    Middle East and Africa (MEA) Mobile POS Terminals Market Analysis
        10.1    Overview
        10.2    MEA Mobile POS Terminals Market Analysis, By Deployment Type, 2018 – 2028
                10.2.1    Market Analysis
        10.3    MEA Mobile POS Terminals Market Analysis, By End-use Industry, 2018 – 2028
                10.3.1    Market Analysis
        10.4    MEA Mobile POS Terminals Market Analysis, By Country, 2018 – 2028
                10.4.1    Market Analysis
                10.4.2    GCC Countries
                10.4.3    South Africa
                10.4.4    Rest of MEA

Chapter 11    Company Profiles
        11.1    Telepower Communication Co., Ltd.
                11.1.1    Telepower Communication Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.2    Square, Inc.
                11.2.1    Square, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.3    Vend Limited
                11.3.1    Vend Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.4    ETP Group Pte Ltd.
                11.4.1    ETP Group Pte Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.5    Newland Payment Technology
                11.5.1    Newland Payment Technology: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.6    NCR Corporation
                11.6.1    NCR Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.7    Bitel Co., Ltd.
                11.7.1    Bitel Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.8    BBPOS Limited
                11.8.1    BBPOS Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.9    SZZT Electronics Shenzhen Co., Ltd.
                11.9.1    SZZT Electronics Shenzhen Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.10    NEW POS TECHNOLOGY LIMITED
                11.10.1    NEW POS TECHNOLOGY LIMITED: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)

 

List of Figures



FIG. 1    Global Mobile POS Terminals Market: Research Methodology
FIG. 2    Top-Down and Bottom Up Approach
FIG. 3    Global Mobile POS Terminals Market, By Deployment Type, 2020 (US$ Mn)
FIG. 4    Global Mobile POS Terminals Market, By End-use Industry, 2020 (US$ Mn)
FIG. 5    Global Mobile POS Terminals Market, By Geography, 2020 (US$ Mn)
FIG. 6    Global Mobile POS Terminals Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
FIG. 7    Attractive Investment Proposition
FIG. 8    Market Positioning of Key Mobile POS Terminals Providers, 2020
FIG. 9    Global Mobile POS Terminals Market Value Share, By Deployment Type, 2020 & 2028 (% Value)
FIG. 10    Global On-Premise Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 11    Global Cloud-Based Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 12    Global Mobile POS Terminals Market Value Share, By End-use Industry, 2020 & 2028 (% Value)
FIG. 13    Global Mobile POS Terminals Market Value for Retail, 2018 – 2028, (US$ Mn)
FIG. 14    Global Mobile POS Terminals Market Value for Hospitality, 2018 – 2028, (US$ Mn)
FIG. 15    Global Mobile POS Terminals Market Value for Healthcare, 2018 – 2028, (US$ Mn)
FIG. 16    Global Mobile POS Terminals Market Value for Restaurant, 2018 – 2028, (US$ Mn)
FIG. 17    Global Mobile POS Terminals Market Value for Others, 2018 – 2028, (US$ Mn)
FIG. 18    U.S. Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 19    Canada Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 20    UK Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 21    Germany Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 22    France Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 23    Rest of Europe Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 24    China Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 25    Japan Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 26    India Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 27    Rest of Asia Pacific Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 28    Mexico Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 29    Brazil Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 30    Rest of Latin America Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 31    GCC Countries Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 32    South Africa Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 33    Rest of MEA Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)

 

List of Tables



TABLE 1        Market Snapshot: Global Mobile POS Terminals Market
TABLE 2        Impact Pointers
TABLE 3        Impact Analysis of Drivers and Restraints
TABLE 4        North America Mobile POS Terminals Market Value, By Deployment Type, 2018 – 2028
TABLE 5        North America Mobile POS Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 6        North America Mobile POS Terminals Market Value, By Country, 2018 – 2028
TABLE 7        Europe Mobile POS Terminals Market Value, By Deployment Type, 2018 – 2028
TABLE 8        Europe Mobile POS Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 9        Europe Mobile POS Terminals Market Value, By Country, 2018 – 2028
TABLE 10    Asia Pacific Mobile POS Terminals Market Value, By Deployment Type, 2018 – 2028
TABLE 11    Asia Pacific Mobile POS Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 12    Asia Pacific Mobile POS Terminals Market Value, By Country, 2018 – 2028
TABLE 13    Latin America Mobile POS Terminals Market Value, By Deployment Type, 2018 – 2028
TABLE 14    Latin America Mobile POS Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 15    Latin America Mobile POS Terminals Market Value, By Country, 2018 – 2028
TABLE 16    MEA Mobile POS Terminals Market Value, By Deployment Type, 2018 – 2028
TABLE 17    MEA Mobile POS Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 18    MEA Mobile POS Terminals Market Value, By Country, 2018 – 2028
TABLE 19    Telepower Communication Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 20    Square, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 21    Vend Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 22    ETP Group Pte Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 23    Newland Payment Technology: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 24    NCR Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 25    Bitel Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 26    BBPOS Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 27    SZZT Electronics Shenzhen Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 28    NEW POS TECHNOLOGY LIMITED: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)



 

No Methodology

No Available

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase