Mobile POS terminals have evolved from basic payment processing tools to advanced analytics solution providers with greater processing capability and wireless communication support.
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Mobile POS (mPOS) Terminals Market Trends 2015 To 2022 by Grand View Research, Inc.
1. Global Mobile POS (mPOS) Terminals Market By
Component (Hardware, Software), By Application
(Restaurants, Hospitality, Healthcare, Retail, Warehouse,
Entertainment) Expected To Reach USD 42.99 Billion By
2022: Grand View Research, Inc.
The Global Mobile POS Terminals Market is expected to reach USD 42.99 billion by 2022,
according to a new study by Grand View Research, Inc. Mobile POS terminals have evolved
from basic payment processing tools to advanced analytics solution providers with greater
processing capability and wireless communication support. The inflection of these terminals
came with the adoption of consumer grade devices such as tablets for business use. Ubiquitous
wireless connectivity such as the Bluetooth, availability of mobile printers, scanners, card
readers and peripheral devices; and multiple platform support have driven the mobile POS
terminals market in various applications.
Sophisticated data analytics, growing credit card payments and ever-changing consumer
expectations are expected to spur the mobile POS terminals industry. This growth has
encouraged retailers to leverage new applications and strategies to deliver seamless customer
experience. Mobile applications have the ability to create new channels for revenue growth; as a
result, vendors are increasingly trying to understand various marketing channels available in
order to leverage technology to compete. Flexibility of having a tablet-based mobile POS owing
to low installation costs has attracted SMBs to invest in this technology. Reduced customer time
in line, increased security, free floor space and paper-free receipting services are the features
driving mPOS terminals demand over traditional or fixed terminals.
2. The growing penetration of tablet devices, rising base of SMBs and micro-merchants, need for
effective line-busting schemes to encourage card adoption are expected to propel market growth
over the coming years. However, lack of standardization and data security concerns may restrain
mobile POS terminals market growth. Increased penetration of Near Field Communication
(NFC) in mobile devices is expected to augment demand.
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analysis/mobile-pos-terminals-market
Global mobile POS terminals market by component, 2012 – 2022 (USD Billion)
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Mobile POS terminals - Industry snapshot and key buying criteria, 2012 - 2022
Chapter 3. Mobile POS Terminals Industry Outlook
3.1. Market segmentation
3. 3.2. Market size and growth prospects
3.3. Mobile POS terminals value chain analysis
3.3.1. Vendor landscape
3.4. Mobile POS terminals - Technology roadmap
3.5. Mobile POS terminals market dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.6. Key opportunities prioritized
3.7. Industry analysis - Porter's
3.8. Mobile POS terminals - Key competitor analysis, 2014
3.8.1. Company strategy overview
3.9. Mobile POS terminals market PESTEL analysis, 2014
Chapter 4. Mobile POS Terminals Component Outlook
4.1. Hardware
4.1.1. Global market estimates and forecasts, 2012 - 2022 (USD Billion)
4.2. Software
4.2.1. Global market estimates and forecasts, 2012 - 2022 (USD Billion)
Chapter 5. Mobile POS Terminals Application Outlook
5.1. Restaurant
5.1.1. Global market estimates and forecasts, 2012 - 2022
5.2. Hospitality
5.2.1. Global market estimates and forecasts, 2012 - 2022
5.3. Healthcare
5.3.1. Global market estimates and forecasts, 2012 - 2022
5.4. Retail
5.4.1. Global market estimates and forecasts, 2012 - 2022
5.5. Warehouse
5.5.1. Global market estimates and forecasts, 2012 - 2022
5.6. Entertainment
5.6.1. Global market estimates and forecasts, 2012 - 2022
5.7. Others
5.7.1. Global market estimates and forecasts, 2012 - 2022
Chapter 6. Mobile POS Terminals Regional Outlook
6.1. North America
6.1.1. Mobile POS terminals market by component, 2012 - 2022
6.1.2. Mobile POS terminals market by application, 2012 - 2022
6.1.3. U.S.
6.1.3.1. Mobile POS terminals market by component, 2012 - 2022
4. 6.1.3.2. Mobile POS terminals market by application, 2012 - 2022
6.1.4. Canada
6.1.4.1. Mobile POS terminals market by component, 2012 - 2022
6.1.4.2. Mobile POS terminals market by application, 2012 - 2022
6.2. Europe
6.2.1. Mobile POS terminals market by component, 2012 - 2022
6.2.2. Mobile POS terminals market by application, 2012 - 2022
6.2.3. Germany
6.2.3.1. Mobile POS terminals market by component, 2012 - 2022
6.2.3.2. Mobile POS terminals market by application, 2012 - 2022
6.2.4. UK
6.2.4.1. Mobile POS terminals market by component, 2012 - 2022
6.2.4.2. Mobile POS terminals market by application, 2012 - 2022
6.3. Asia Pacific
6.3.1. Mobile POS terminals market by component, 2012 - 2022
6.3.2. Mobile POS terminals market by application, 2012 - 2022
6.3.3. China
6.3.3.1. Mobile POS terminals market by component, 2012 - 2022
6.3.3.2. Mobile POS terminals market by application, 2012 - 2022
6.3.4. India
6.3.4.1. Mobile POS terminals market by component, 2012 - 2022
6.3.4.2. Mobile POS terminals market by application, 2012 - 2022
6.3.5. Japan
6.3.5.1. Mobile POS terminals market by component, 2012 - 2022
6.3.5.2. Mobile POS terminals market by application, 2012 - 2022
6.4. Latin America
6.4.1. Mobile POS terminals market by component, 2012 - 2022
6.4.2. Mobile POS terminals market by application2012 - 2022
6.4.3. Brazil
6.4.3.1. Mobile POS terminals market by component, 2012 - 2022
6.4.3.2. Mobile POS terminals market by application, 2012 - 2022
6.4.4. Mexico
6.4.4.1. Mobile POS terminals market by component, 2012 - 2022
6.4.4.2. Mobile POS terminals market by application, 2012 - 2022
6.5. MEA
6.5.1. Mobile POS terminals market by component, 2012 - 2022
6.5.2. Mobile POS terminals market by application, 2012 - 2022
5. Chapter 7. Competitive Landscape
7.1. First Data Corporation
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Hewlett-Packard Company
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. Ingenico S.A.
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. NEC Corporation
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. Oracle Corporation (MICROS)
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. Panasonic Corporation
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. PAX Technology Ltd.
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Posiflex Technology Inc.
7.8.1. Company Overview
7. List of Tables
1. Mobile POS terminals - Industry snapshot and key buying criteria, 2012 - 2022
2. Global mobile POS terminals market, 2012 - 2022
3. Global mobile POS terminals market by region, 2012 - 2022
4. Global mobile POS terminals market by component, 2012 - 2022
5. Global mobile POS terminals market by application, 2012 - 2022
6. Global mobile POS terminals hardware demand, 2012 - 2022
7. Global mobile POS terminals hardware demand, by region, 2012 - 2022
8. Global mobile POS terminals software demand, 2012 - 2022
9. Global mobile POS terminals software demand, by region, 2012 - 2022
10. Global mobile POS terminals demand in restaurants, 2012 - 2022
11. Global mobile POS terminals demand in restaurants, by region, 2012 - 2022
12. Global mobile POS terminals demand in hospitality, 2012 - 2022
13. Global mobile POS terminals demand in hospitality, by region, 2012 - 2022
14. Global mobile POS terminals demand in healthcare, 2012 - 2022
15. Global mobile POS terminals demand in healthcare, by region, 2012 - 2022
16. Global mobile POS terminals demand in retail, 2012 - 2022
17. Global mobile POS terminals demand in retail, by region, 2012 - 2022
18. Global mobile POS terminals demand in warehouse, 2012 - 2022
19. Global mobile POS terminals demand in warehouse, by region, 2012 - 2022
20. Global mobile POS terminals demand in entertainment, 2012 - 2022
21. Global mobile POS terminals demand in entertainment, by region, 2012 - 2022
22. Global mobile POS terminals demand in other applications, 2012 - 2022
23. Global mobile POS terminals demand in other applications, by region, 2012 - 2022
24. North America mobile POS terminals market by component, 2012 - 2022
25. North America mobile POS terminals market by application, 2012 - 2022
26. Europe mobile POS terminals market by component, 2012 - 2022
27. Europe mobile POS terminals market by application, 2012 - 2022
28. Asia Pacific mobile POS terminals market by component, 2012 - 2022
29. Asia Pacific mobile POS terminals market by application, 2012 - 2022
30. Latin America mobile POS terminals market by component, 2012 - 2022
31. Latin America mobile POS terminals market by application, 2012 - 2022
32. MEA mobile POS terminals market by component, 2012 - 2022
33. MEA mobile POS terminals market by application, 2012 - 2022
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pos-terminals-market
8. List of Figures
1. Mobile POS terminals market segmentation
2. Global mobile POS terminals market, 2012 - 2022
3. Mobile POS terminals value chain analysis
4. Mobile POS terminals technology roadmap
5. Mobile POS terminals market dynamics
6. Key Opportunities Prioritized
7. Industry Analysis - Porter's
8. Mobile POS terminals - Key competitor analysis, 2014
9. Mobile POS terminals PESTEL Analysis, 2014
10. Mobile POS terminals market share by component, 2014 & 2022
11. Global mobile POS terminals hardware demand, 2012 - 2022
12. Global mobile POS terminals software demand, 2012 - 2022
13. Mobile POS terminals market share by application, 2014 & 2022
14. Global mobile POS terminals demand in restaurants, 2012 - 2022
15. Global mobile POS terminals demand in hospitality, 2012 - 2022
16. Global mobile POS terminals demand in healthcare, 2012 - 2022
17. Global mobile POS terminals demand in retail, 2012 - 2022
18. Global mobile POS terminals demand in warehouse, 2012 - 2022
19. Global mobile POS terminals demand in entertainment, 2012 - 2022
20. Global mobile POS terminals demand in other applications, 2012 - 2022
21. Mobile POS terminals market share by region, 2014 & 2022
34. North America mobile POS terminals market by component, 2012 - 2022
35. North America mobile POS terminals market by application, 2012 - 2022
36. Europe mobile POS terminals market by component, 2012 - 2022
37. Europe mobile POS terminals market by application, 2012 - 2022
38. Asia Pacific mobile POS terminals market by component, 2012 - 2022
39. Asia Pacific mobile POS terminals market by application, 2012 - 2022
40. Latin America mobile POS terminals market by component, 2012 - 2022
41. Latin America mobile POS terminals market by application, 2012 - 2022
42. MEA mobile POS terminals market by component, 2012 - 2022
22. MEA mobile POS terminals market by application, 2012 - 2022
Further key findings from the study suggest:
The mobile POS terminals market primarily includes components such as hardware and
software. Mobile POS hardware systems accounted for majority of the market share in
2014; the segment is expected to lose market share through the forecast period. The
software segment is expected to witness growth as consumers shift towards the use of
consumer-grade electronics devices such as tablets for managing their POS needs.
9. Retail segment accounted for over 30% of the overall market share in 2014. Growing
adoption of mobile POS technology across SMBs and micro-merchants is expected to
drive segment growth.
Asia Pacific and Latin America mobile POS terminals market are expected to witness
substantial growth over the forecast period. This may be primarily attributed to increasing
low-cost manufacturing activities in the region. Surge in demand across application
segments is expected to spur the regional market.
Notable companies operating in the industry such as Verifone, Ingenico, and Micros
Systems provide various handheld and tablet-based mobile POS solutions. Verifone
Systems introduced these solutions for SMBs along with iPayment to address the need of
the marketplace.
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For the purpose of this study, Grand View Research has segmented the mobile POS terminals
market on the basis of component, application and region:
Mobile POS Terminals Component Outlook (Revenue, USD Million, 2012 – 2022)
Hardware
Software
Mobile POS Terminals Application Outlook (Revenue, USD Million, 2012 – 2022)
Restaurants
Hospitality
Healthcare
Retail
Warehouse
Entertainment
Others
Mobile POS Terminals Regional Outlook (Revenue, USD Million, 2012 – 2022)
North America
U.S.
Canada
Europe
Germany
10. UK
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
MEA
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About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-
shelf, customized research reports and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and energy. With a deep-
seated understanding of varied business environments, Grand View Research provides strategic
objective insights.
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