Mobile POS Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Component (Hardware, Software), By Enterprise Size (Large Enterprise, Small & Medium Enterprises (SMEs)), By End-User (Restaurants, Retail, Healthcare, Entertainment, Others), By Region & Competition, 2019-2029F

  • Industry : ICT
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  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 70.36 Billion

Market Size (2029)

USD 175.04 Billion

CAGR (2024-2029)

16.23%

Fastest Growing Segment

Small & Medium Enterprises (SMEs)

Largest Market

North America

Market Overview

Global Mobile POS Market was valued at USD 70.36 billion in 2023 and is expected to reach USD 175.04 billion by 2029 with a CAGR of 16.23% during the forecast period. The Mobile Point of Salae (mPOS) market refers to a rapidly evolving segment within the broader point of sale (POS) industry, characterized by the use of mobile devices—such as smartphones or tablets—equipped with specialized software and hardware to facilitate transactions in various retail and service environments. Unlike traditional POS systems, which rely on fixed, stationary terminals, mPOS systems offer enhanced flexibility by enabling merchants to process payments anywhere, whether in-store, at events, or on the go. This mobility is typically achieved through the integration of mobile applications with external peripherals like card readers, receipt printers, and barcode scanners. The market encompasses a diverse array of solutions, from basic card readers that attach to a mobile device to comprehensive platforms offering advanced features such as inventory management, customer relationship management (CRM), and detailed sales analytics. The growth of the mPOS market is driven by several key factors, including the increasing adoption of smartphones and tablets, the demand for more efficient and flexible payment solutions, and the rising trend towards cashless transactions.

The mPOS market benefits from the surge in small and medium-sized enterprises (SMEs) seeking cost-effective and scalable payment solutions, as well as the broader shift towards digital and contactless payment methods fueled by technological advancements and consumer preferences. The integration of mPOS systems with other digital tools, such as loyalty programs and e-commerce platforms, further enhances their appeal by providing a unified and streamlined payment experience. As the mPOS market continues to evolve, it is expected to witness ongoing innovations in payment technologies, including advancements in security, user experience, and system integration, all of which contribute to its growing adoption across various industries and geographies.

Key Market Drivers

Technological Advancements in Mobile POS Solutions

Technological advancements in mobile POS solutions are a crucial driver for the growth of the mPOS market. Innovations such as the integration of advanced payment technologies, including Near Field Communication (NFC), Quick Response (QR) codes, and biometric authentication, have significantly enhanced the functionality and security of mobile POS systems. NFC technology allows for contactless payments, enabling quick and hygienic transactions, which have become particularly important in the wake of the COVID-19 pandemic. QR codes, on the other hand, offer a convenient method for payment by simply scanning a code with a mobile device, streamlining the checkout process and reducing physical contact. Biometric authentication, including fingerprint and facial recognition, adds an additional layer of security, mitigating the risk of fraud and enhancing user confidence in mobile transactions. Additionally, the integration of cloud-based solutions and data analytics capabilities within mPOS systems enables businesses to gain valuable insights into customer behavior, sales trends, and inventory management. These advancements not only improve the overall user experience but also provide businesses with powerful tools to optimize their operations and drive growth. As technology continues to evolve, mPOS solutions are likely to become more sophisticated, offering even greater functionality and contributing to the expansion of the market.

Growth in Small and Medium-Sized Enterprises (SMEs) Adopting mPOS Solutions

The growth of small and medium-sized enterprises (SMEs) adopting Mobile POS (mPOS) solutions is a significant driver for the market. SMEs, which often seek cost-effective and flexible solutions to manage their payment processing needs, find mPOS systems particularly appealing due to their affordability and scalability. Unlike traditional POS systems, which can be expensive and complex to implement, mPOS solutions are typically less costly and can be easily integrated into existing mobile devices such as smartphones and tablets. This cost efficiency allows SMEs to leverage advanced payment technologies without substantial capital investment. Additionally, mPOS systems offer SMEs the flexibility to operate in various settings, from pop-up shops and market stalls to remote locations, providing a versatile solution for businesses with dynamic or mobile operations. The ability to accept multiple payment types, including credit/debit cards and digital wallets, also helps SMEs cater to diverse customer preferences and increase sales opportunities. Furthermore, the enhanced reporting and analytics features of modern mPOS systems enable SMEs to track sales, manage inventory, and gain insights into customer behavior, helping them make informed business decisions. As SMEs continue to grow and expand, the demand for mPOS solutions that offer cost-effective, flexible, and scalable payment processing will drive further market growth, presenting significant opportunities for vendors in the mPOS space.


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Key Market Challenges

Security and Fraud Risks

The Mobile Point of Sale (mPOS) market faces significant challenges related to security and fraud risks. As mPOS systems rely on mobile devices and wireless communication, they are inherently more vulnerable to cyber threats compared to traditional point-of-sale systems. The integration of mobile payment solutions involves the handling of sensitive customer information, including payment card details and personal data, which makes these systems attractive targets for hackers. The risk of data breaches and fraudulent transactions is heightened by the increasing sophistication of cybercriminal techniques. Additionally, the diverse range of devices and operating systems used in mPOS systems complicates the implementation of uniform security measures, leading to potential vulnerabilities. Businesses must invest heavily in robust security protocols, such as end-to-end encryption, tokenization, and secure authentication methods, to mitigate these risks. Ensuring compliance with industry standards and regulations, such as the Payment Card Industry Data Security Standard (PCI DSS), further adds to the complexity and cost of securing mPOS systems. The need for continuous monitoring and updating of security measures to address emerging threats also poses a significant challenge, as it requires ongoing investment in technology and expertise. As cyber threats evolve, businesses must remain vigilant and proactive in protecting their mPOS systems and customer data, which can strain resources and impact overall profitability.

Fragmented Market and Integration Challenges

Another major challenge for the Mobile POS (mPOS) market is the fragmentation and complexity of integrating mPOS solutions with existing business systems and processes. The mPOS ecosystem includes a diverse array of hardware and software solutions, ranging from handheld devices and card readers to sophisticated POS software and payment gateways. This fragmentation can lead to compatibility issues and difficulties in achieving seamless integration with a business’s existing enterprise resource planning (ERP) systems, inventory management, and customer relationship management (CRM) tools. For businesses, especially small and medium-sized enterprises (SMEs), the integration process can be time-consuming and costly, involving significant customization and testing to ensure smooth operation across various platforms. Moreover, the rapid pace of technological advancements in the mPOS space means that businesses must frequently update or replace components to stay current with new features and standards, further complicating integration efforts. The lack of standardization across different mPOS solutions can lead to interoperability issues, making it challenging for businesses to find a comprehensive solution that meets all their needs without requiring extensive modifications. This fragmentation can also impact the user experience, as inconsistent interfaces and functionalities across different devices and software can lead to inefficiencies and operational disruptions. Addressing these integration challenges requires careful planning and coordination between technology providers and businesses, which can be resource-intensive and may deter some companies from adopting mPOS solutions.

Key Market Trends

Adoption of Contactless Payments and NFC Technology

The Mobile Point of Sale (mPOS) market is experiencing a significant shift towards contactless payments, largely driven by advancements in Near Field Communication (NFC) technology. This trend has been accelerated by the global pandemic, which has heightened consumer awareness of hygiene and safety, making contactless payments more appealing. NFC technology enables consumers to make payments simply by tapping their mobile devices or contactless cards near an mPOS terminal, offering a seamless and swift transaction experience. Retailers and service providers are increasingly integrating NFC-enabled mPOS systems to enhance the efficiency and speed of payment processes while minimizing physical contact. The adoption of NFC technology is also facilitating the growth of digital wallets and mobile payment apps, which offer consumers the convenience of storing multiple payment methods and loyalty cards in a single device. Additionally, the proliferation of contactless payment solutions is contributing to increased transaction volume and frequency, as consumers embrace the ease and security of these methods. As the technology continues to evolve, we can expect further innovations in contactless payments, such as biometric authentication and advanced encryption methods, which will further bolster consumer trust and adoption. The growing prevalence of NFC-enabled smartphones and wearables is expected to drive the expansion of contactless mPOS solutions, creating new opportunities for businesses to attract and retain customers by offering a modern, efficient payment experience.

Integration of Mobile POS with E-commerce Platforms

Another prominent trend in the Mobile POS market is the integration of mPOS systems with e-commerce platforms. As retailers and businesses seek to create a unified customer experience across online and offline channels, integrating mPOS solutions with e-commerce platforms has become increasingly important. This integration allows businesses to synchronize their in-store and online inventory, manage customer data, and streamline sales processes. By unifying these systems, retailers can provide a seamless shopping experience for customers who may browse products online and then purchase in-store or vice versa. Moreover, the integration of mPOS with e-commerce platforms enables businesses to leverage data analytics to gain insights into customer behavior and preferences, which can inform personalized marketing strategies and inventory management. This trend is particularly relevant as omnichannel retailing continues to gain traction, with consumers expecting a consistent and integrated shopping experience across various touchpoints. The convergence of mPOS and e-commerce platforms also facilitates the implementation of advanced features such as click-and-collect, where customers can order online and pick up their purchases in-store, further enhancing convenience and driving sales. As more businesses recognize the benefits of this integration, the mPOS market is likely to see continued growth and innovation in this area, driven by the demand for cohesive and efficient retail solutions.

Rise of Cloud-Based Mobile POS Solutions

The rise of cloud-based Mobile POS solutions is a transformative trend within the market, offering numerous benefits to businesses of all sizes. Cloud-based mPOS systems provide a scalable, flexible, and cost-effective alternative to traditional on-premises solutions. By leveraging cloud technology, businesses can access their mPOS systems from any location with an internet connection, allowing for greater operational flexibility and real-time updates. This trend is particularly advantageous for businesses with multiple locations or those that require remote access to sales data and inventory management. Cloud-based mPOS solutions also facilitate seamless software updates and maintenance, reducing the need for on-site technical support and minimizing downtime. Additionally, these solutions often come with integrated features such as customer relationship management (CRM), analytics, and reporting tools, which empower businesses to make data-driven decisions and optimize their operations. The adoption of cloud-based mPOS is also being driven by the increasing focus on enhancing the customer experience, as these systems enable businesses to offer personalized services and promotions based on real-time data. As cloud technology continues to evolve, we can expect further advancements in mPOS solutions, including enhanced security features and improved integration capabilities with other business systems. This trend is poised to drive significant growth in the mPOS market, as businesses seek to leverage the benefits of cloud-based technology to stay competitive and meet the evolving needs of their customers.

Segmental Insights

Enterprise Size Insights

The Large Enterprise segment held the largest Market share in 2023. The Mobile POS (Point of Sale) market for large enterprises is driven by several compelling factors that underscore its transformative impact on retail and business operations. The increasing demand for operational efficiency and enhanced customer experiences is propelling large enterprises to adopt mobile POS systems. These systems offer the flexibility of processing transactions from anywhere within a store or even outside, reducing wait times and improving service speed, which is crucial in maintaining competitive advantage. Additionally, mobile POS solutions facilitate seamless integration with existing enterprise resource planning (ERP) and customer relationship management (CRM) systems, enabling real-time inventory management, sales tracking, and data analytics. This integration allows large enterprises to gain actionable insights into customer behavior and sales trends, fostering more informed decision-making and personalized marketing strategies.

The growing emphasis on omnichannel retailing is another key driver, as mobile POS systems support a unified customer experience across physical and digital channels, meeting the expectations of modern consumers who seek convenience and consistency. Moreover, the proliferation of advanced technologies such as cloud computing and artificial intelligence enhances the capabilities of mobile POS systems, offering features like automated reporting, fraud detection, and predictive analytics. The shift towards digital payment methods, including contactless and mobile wallets, further accelerates the adoption of mobile POS solutions, aligning with the evolving consumer preferences for secure and swift transactions. Large enterprises are also driven by the need for scalability and flexibility in their payment solutions to accommodate seasonal peaks and growth, making mobile POS an attractive option due to its adaptability and cost-effectiveness. Furthermore, regulatory changes and compliance requirements related to payment security and data protection are pushing enterprises to upgrade their systems to ensure they meet industry standards, thereby driving investment in mobile POS technologies. As the market continues to evolve, the ability of mobile POS systems to support a wide range of payment options and integrate with emerging technologies will remain a significant driver for large enterprises seeking to enhance their operational efficiency and customer engagement.


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Regional Insights

North America region held the largest market share in 2023. The Mobile Point of Sale (mPOS) market in North America is experiencing significant growth driven by a convergence of technological advancements, evolving consumer behaviors, and increased demand for flexible, efficient payment solutions. One of the primary drivers is the widespread adoption of smartphones and tablets, which provide a robust platform for mPOS systems, enabling businesses to conduct transactions anywhere, enhancing operational efficiency and customer engagement. The North American retail sector, known for its tech-savvy consumer base, is increasingly embracing mPOS solutions to offer a more streamlined and personalized shopping experience, reducing checkout times and improving customer satisfaction. Furthermore, the rise of e-commerce and omnichannel retailing has necessitated the integration of mPOS systems to unify online and offline sales processes, allowing businesses to manage transactions seamlessly across multiple channels.

The push towards digital payments and contactless transactions, accelerated by the COVID-19 pandemic, has further fueled demand for mPOS solutions, as they facilitate safer, quicker, and more hygienic transactions. Regulatory support and industry standards promoting secure payment processing and data protection are also enhancing the appeal of mPOS systems, addressing concerns about fraud and security. Additionally, the growing trend of small and medium-sized enterprises (SMEs) seeking cost-effective, scalable solutions is driving the adoption of mPOS technologies, as these systems offer an affordable entry point compared to traditional point of sale systems. The availability of advanced features such as inventory management, sales analytics, and customer relationship management (CRM) within mPOS solutions is providing businesses with valuable insights and operational advantages, further boosting market growth. As technology continues to evolve, the integration of emerging innovations like artificial intelligence (AI) and machine learning in mPOS systems is expected to enhance functionality, offering predictive analytics, personalized marketing, and improved decision-making capabilities, which will likely accelerate the adoption of mPOS solutions across North America.

Recent Developments

  • In June 2024, Posiflex Technology Inc., a leader in Point of Sale (POS) systems and Online to Offline (O2O) solutions, introduced the Opera MT-6200 Series mobile POS tablet. Designed for mobility and efficiency, this sleek, lightweight, and semi-rugged tablet supports Android 13 with GMS Certification or Windows 11 IoT OS, available in both x86 and RISC variants. With 8" and 10.1" screen options, it features a USB Type-C connector for fast charging and dockability. The series is equipped with a range of POS accessories, making it ideal for various industries, including retail, hospitality, logistics, and warehouse management.
  • In February 2024, cloud software company Zoho announced the launch of Zakya, a new point of sale solution designed specifically for retail stores. According to Zoho, this solution offers powerful features for enhancing inventory management, facilitating omnichannel sales, and improving customer experience. Notably, Zakya can be implemented in under an hour, even for businesses with extensive inventories containing thousands of items.

Key Market Players

  • Hewlett Packard Enterprise Company
  • Cisco Systems Inc.
  • Oracle Corporation
  • Panasonic Corporation
  • Toshiba Corporation
  • VeriFone, Inc.
  • NEC Corporation
  • Samsung Electronics Co. Ltd.
  • Fiserv, Inc.

By Component

By Enterprise Size

By End-User

By Region
  • Hardware
  • Software
  • Large Enterprise
  • Small & Medium Enterprises (SMEs)
  • Restaurants
  • Retail
  • Healthcare
  • Entertainment
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Mobile POS Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Mobile POS Market, By Component:

o   Hardware

o   Software   

  • Mobile POS Market, By Enterprise Size:

o   Large Enterprise

o   Small & Medium Enterprises (SMEs)

  • Mobile POS Market, By End-User:

o   Restaurants

o   Retail

o   Healthcare

o   Entertainment

o   Others

  • Mobile POS Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Mobile POS Market.

Available Customizations:

Global Mobile POS Market report with the given Market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional Market players (up to five).

Global Mobile POS Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.          Markets Covered

1.2.2.          Years Considered for Study

1.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.          Secondary Research

2.5.2.          Primary Research

2.6.  Approach for the Market Study

2.6.1.          The Bottom-Up Approach

2.6.2.          The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.          Data Triangulation & Validation

3.    Executive Summary

4.    Voice of Customer

5.    Global Mobile POS Market Outlook

5.1.  Market Size & Forecast

5.1.1.          By Value

5.2.  Market Share & Forecast

5.2.1.          By Component (Hardware, Software)

5.2.2.          By Enterprise Size (Large Enterprise, Small & Medium Enterprises (SMEs))

5.2.3.          By End-User (Restaurants, Retail, Healthcare, Entertainment, Others)

5.2.4.          By Company (2023)

5.2.5.          Market Map

6.    North America Mobile POS Market Outlook

6.1.  Market Size & Forecast

6.1.1.          By Value

6.2.  Market Share & Forecast

6.2.1.          By Component

6.2.2.          By Enterprise Size

6.2.3.          By End-User

6.2.4.          By Country

6.3.  North America: Country Analysis

6.3.1.          United States Mobile POS Market Outlook

6.3.1.1.          Market Size & Forecast

6.3.1.1.1.      By Value

6.3.1.2.          Market Share & Forecast

6.3.1.2.1.      By Component

6.3.1.2.2.      By Enterprise Size

6.3.1.2.3.      By End-User

6.3.2.          Canada Mobile POS Market Outlook

6.3.2.1.          Market Size & Forecast

6.3.2.1.1.      By Value

6.3.2.2.          Market Share & Forecast

6.3.2.2.1.      By Component

6.3.2.2.2.      By Enterprise Size

6.3.2.2.3.      By End-User

6.3.3.          Mexico Mobile POS Market Outlook

6.3.3.1.          Market Size & Forecast

6.3.3.1.1.      By Value

6.3.3.2.          Market Share & Forecast

6.3.3.2.1.      By Component

6.3.3.2.2.      By Enterprise Size

6.3.3.2.3.      By End-User

7.    Europe Mobile POS Market Outlook

7.1.  Market Size & Forecast

7.1.1.          By Value

7.2.  Market Share & Forecast

7.2.1.          By Component

7.2.2.          By Enterprise Size

7.2.3.          By End-User

7.2.4.          By Country

7.3.  Europe: Country Analysis

7.3.1.          Germany Mobile POS Market Outlook

7.3.1.1.          Market Size & Forecast

7.3.1.1.1.      By Value

7.3.1.2.          Market Share & Forecast

7.3.1.2.1.      By Component

7.3.1.2.2.      By Enterprise Size

7.3.1.2.3.      By End-User

7.3.2.          United Kingdom Mobile POS Market Outlook

7.3.2.1.          Market Size & Forecast

7.3.2.1.1.      By Value

7.3.2.2.          Market Share & Forecast

7.3.2.2.1.      By Component

7.3.2.2.2.      By Enterprise Size

7.3.2.2.3.      By End-User

7.3.3.          Italy Mobile POS Market Outlook

7.3.3.1.          Market Size & Forecast

7.3.3.1.1.      By Value

7.3.3.2.          Market Share & Forecast

7.3.3.2.1.      By Component

7.3.3.2.2.      By Enterprise Size

7.3.3.2.3.      By End-User

7.3.4.          France Mobile POS Market Outlook

7.3.4.1.          Market Size & Forecast

7.3.4.1.1.      By Value

7.3.4.2.          Market Share & Forecast

7.3.4.2.1.      By Component

7.3.4.2.2.      By Enterprise Size

7.3.4.2.3.      By End-User

7.3.5.          Spain Mobile POS Market Outlook

7.3.5.1.          Market Size & Forecast

7.3.5.1.1.      By Value

7.3.5.2.          Market Share & Forecast

7.3.5.2.1.      By Component

7.3.5.2.2.      By Enterprise Size

7.3.5.2.3.      By End-User

8.    Asia-Pacific Mobile POS Market Outlook

8.1.  Market Size & Forecast

8.1.1.          By Value

8.2.  Market Share & Forecast

8.2.1.          By Component

8.2.2.          By Enterprise Size

8.2.3.          By End-User

8.2.4.          By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.          China Mobile POS Market Outlook

8.3.1.1.          Market Size & Forecast

8.3.1.1.1.      By Value

8.3.1.2.          Market Share & Forecast

8.3.1.2.1.      By Component

8.3.1.2.2.      By Enterprise Size

8.3.1.2.3.      By End-User

8.3.2.          India Mobile POS Market Outlook

8.3.2.1.          Market Size & Forecast

8.3.2.1.1.      By Value

8.3.2.2.          Market Share & Forecast

8.3.2.2.1.      By Component

8.3.2.2.2.      By Enterprise Size

8.3.2.2.3.      By End-User

8.3.3.          Japan Mobile POS Market Outlook

8.3.3.1.          Market Size & Forecast

8.3.3.1.1.      By Value

8.3.3.2.          Market Share & Forecast

8.3.3.2.1.      By Component

8.3.3.2.2.      By Enterprise Size

8.3.3.2.3.      By End-User

8.3.4.          South Korea Mobile POS Market Outlook

8.3.4.1.          Market Size & Forecast

8.3.4.1.1.      By Value

8.3.4.2.          Market Share & Forecast

8.3.4.2.1.      By Component

8.3.4.2.2.      By Enterprise Size

8.3.4.2.3.      By End-User

8.3.5.          Australia Mobile POS Market Outlook

8.3.5.1.          Market Size & Forecast

8.3.5.1.1.      By Value

8.3.5.2.          Market Share & Forecast

8.3.5.2.1.      By Component

8.3.5.2.2.      By Enterprise Size

8.3.5.2.3.      By End-User

9.    South America Mobile POS Market Outlook

9.1.  Market Size & Forecast

9.1.1.          By Value

9.2.  Market Share & Forecast

9.2.1.          By Component

9.2.2.          By Enterprise Size

9.2.3.          By End-User

9.2.4.          By Country

9.3.  South America: Country Analysis

9.3.1.          Brazil Mobile POS Market Outlook

9.3.1.1.          Market Size & Forecast

9.3.1.1.1.      By Value

9.3.1.2.          Market Share & Forecast

9.3.1.2.1.      By Component

9.3.1.2.2.      By Enterprise Size

9.3.1.2.3.      By End-User

9.3.2.          Argentina Mobile POS Market Outlook

9.3.2.1.          Market Size & Forecast

9.3.2.1.1.      By Value

9.3.2.2.          Market Share & Forecast

9.3.2.2.1.      By Component

9.3.2.2.2.      By Enterprise Size

9.3.2.2.3.      By End-User

9.3.3.          Colombia Mobile POS Market Outlook

9.3.3.1.          Market Size & Forecast

9.3.3.1.1.      By Value

9.3.3.2.          Market Share & Forecast

9.3.3.2.1.      By Component

9.3.3.2.2.      By Enterprise Size

9.3.3.2.3.      By End-User

10.  Middle East and Africa Mobile POS Market Outlook

10.1.   Market Size & Forecast         

10.1.1.       By Value

10.2.   Market Share & Forecast

10.2.1.       By Component

10.2.2.       By Enterprise Size

10.2.3.       By End-User

10.2.4.       By Country

10.3.   Middle East and Africa: Country Analysis

10.3.1.       South Africa Mobile POS Market Outlook

10.3.1.1.       Market Size & Forecast

10.3.1.1.1.   By Value

10.3.1.2.       Market Share & Forecast

10.3.1.2.1.   By Component

10.3.1.2.2.   By Enterprise Size

10.3.1.2.3.   By End-User

10.3.2.       Saudi Arabia Mobile POS Market Outlook

10.3.2.1.       Market Size & Forecast

10.3.2.1.1.   By Value

10.3.2.2.       Market Share & Forecast

10.3.2.2.1.   By Component

10.3.2.2.2.   By Enterprise Size

10.3.2.2.3.   By End-User

10.3.3.       UAE Mobile POS Market Outlook

10.3.3.1.       Market Size & Forecast

10.3.3.1.1.   By Value

10.3.3.2.       Market Share & Forecast

10.3.3.2.1.   By Component

10.3.3.2.2.   By Enterprise Size

10.3.3.2.3.   By End-User

10.3.4.       Kuwait Mobile POS Market Outlook

10.3.4.1.       Market Size & Forecast

10.3.4.1.1.   By Value

10.3.4.2.       Market Share & Forecast

10.3.4.2.1.   By Component

10.3.4.2.2.   By Enterprise Size

10.3.4.2.3.   By End-User

10.3.5.       Turkey Mobile POS Market Outlook

10.3.5.1.       Market Size & Forecast

10.3.5.1.1.   By Value

10.3.5.2.       Market Share & Forecast

10.3.5.2.1.   By Component

10.3.5.2.2.   By Enterprise Size

10.3.5.2.3.   By End-User

11.  Market Dynamics

11.1.   Drivers

11.2.   Challenges

12.  Market Trends & Developments

13.  Company Profiles

13.1.   Hewlett Packard Enterprise Company

13.1.1.       Business Overview

13.1.2.       Key Revenue and Financials 

13.1.3.       Recent Developments

13.1.4.       Key Personnel/Key Contact Person

13.1.5.       Key Product/Services Offered

13.2.   Cisco Systems Inc.

13.2.1.       Business Overview

13.2.2.       Key Revenue and Financials 

13.2.3.       Recent Developments

13.2.4.       Key Personnel/Key Contact Person

13.2.5.       Key Product/Services Offered

13.3.   Oracle Corporation   

13.3.1.       Business Overview

13.3.2.       Key Revenue and Financials 

13.3.3.       Recent Developments

13.3.4.       Key Personnel/Key Contact Person

13.3.5.       Key Product/Services Offered

13.4.   Panasonic Corporation

13.4.1.       Business Overview

13.4.2.       Key Revenue and Financials 

13.4.3.       Recent Developments

13.4.4.       Key Personnel/Key Contact Person

13.4.5.       Key Product/Services Offered

13.5.   Toshiba Corporation

13.5.1.       Business Overview

13.5.2.       Key Revenue and Financials 

13.5.3.       Recent Developments

13.5.4.       Key Personnel/Key Contact Person

13.5.5.       Key Product/Services Offered

13.6.   VeriFone, Inc.

13.6.1.       Business Overview

13.6.2.       Key Revenue and Financials 

13.6.3.       Recent Developments

13.6.4.       Key Personnel/Key Contact Person

13.6.5.       Key Product/Services Offered

13.7.   NEC Corporation

13.7.1.       Business Overview

13.7.2.       Key Revenue and Financials 

13.7.3.       Recent Developments

13.7.4.       Key Personnel/Key Contact Person

13.7.5.       Key Product/Services Offered

13.8.   Samsung Electronics Co. Ltd.

13.8.1.       Business Overview

13.8.2.       Key Revenue and Financials 

13.8.3.       Recent Developments

13.8.4.       Key Personnel/Key Contact Person

13.8.5.       Key Product/Services Offered

13.9.   Fiserv, Inc.,

13.9.1.       Business Overview

13.9.2.       Key Revenue and Financials 

13.9.3.       Recent Developments

13.9.4.       Key Personnel/Key Contact Person

13.9.5.       Key Product/Services Offered

14.  Strategic Recommendations

15.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The Market size of the Global Mobile POS Market was USD 70.36 billion in 2023.

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In 2023, Large Enterprise segment dominated the Global Mobile POS Market, due to the increasing need for streamlined and efficient transaction processes, enhanced customer experiences, and real-time data access. Mobile POS systems enable large businesses to improve operational efficiency, reduce wait times, and offer personalized services, boosting overall productivity and customer satisfaction.

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The Mobile POS market faces challenges including data security concerns, high implementation costs, integration complexities with existing systems, and varying regulatory requirements across regions. Additionally, technical issues such as connectivity problems and hardware limitations can impact reliability and user experience, hindering widespread adoption and growth.

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The Mobile POS market is driven by the increasing demand for flexible and efficient payment solutions, which enhance customer experience and streamline operations for businesses. The rise of mobile technology, the growing adoption of smartphones, and the need for real-time transaction processing further propel market growth.

Related Reports

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Sakshi Bajaal

Business Consultant
Press Release

Mobile POS Market is expected to Grow with a CAGR of 16.23% through 2029

Nov, 2024

Growing adoption of smartphones, increasing demand for seamless payment solutions, advancements in mobile technology, and the need for enhanced customer engagement & operational efficiency are expect

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