The MPoS terminals market is expected to grow by USD 6.01 billion, progressing at a CAGR of almost 20% during the forecast period.
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Technavio has announced its latest market research report titled Global mPoS Terminals Market 2021-2025 (Graphic: Business Wire)
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The ease of implementation is one of the major factors propelling the market growth. However, factors such as no fixed merchant bases will hamper market growth.
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MPoS Terminals Market: End-user Landscape
Based on the end-user, the retail segment saw maximum growth in 2020. The increase in organized retailing globally, along with the pressure to sustain competition and retain market share, has led to the integration of advanced mPoS terminals to ensure safe and secure payment transactions. However, the post-COVID-19 impact has brought forth a slowdown in the use of mPoS terminals in the retail segment. The growth of the segment will be significant during the forecast period.
MPoS Terminals Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 47% of the market’s overall growth is expected to originate from APAC. The increasing preference for cashless payment landscapes is one of the prime factors that will facilitate the mPoS terminals market growth in APAC over the forecast period. China, India, and Japan are the key markets for MPoS Terminals in APAC.
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Related Reports on Information Technology Include:
Global POS Terminals Market – The POS terminals market is segmented by product (fixed and mobile), end-user (retail and hospitality), EMV channel (EMV and non-EMV), and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report
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Companies Covered:
- Ingenico Group SA
- New POS Technology Ltd.
- Panasonic Corp.
- PAX Global Technology Ltd.
- PayPal Holdings Inc.
- Posiflex Technology Inc.
- Samsung Electronics Co. Ltd.
- SPECTRA Technologies Holdings Co. Ltd.
- SZZT Electronics Shenzhen Co. Ltd.
- VeriFone Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Retail – Market size and forecast 2020-2025
- Hospitality – Market size and forecast 2020-2025
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2020-2025
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Ingenico Group SA
- New POS Technology Ltd.
- Panasonic Corp.
- PAX Global Technology Ltd.
- PayPal Holdings Inc.
- Posiflex Technology Inc.
- Samsung Electronics Co. Ltd.
- SPECTRA Technologies Holdings Co. Ltd.
- SZZT Electronics Shenzhen Co. Ltd.
- VeriFone Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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