Global Mpos Terminals Strategic Business Report 2023: Expanding Internet Connectivity Facilitates Market Gains

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Dublin, March 27, 2023 (GLOBE NEWSWIRE) -- The "mpos terminals: global strategic business report" report has been added to ResearchAndMarkets.com's offering.
The global market for mPoS Terminals estimated at US$24.9 Billion in the year 2022, is projected to reach a revised size of US$72.8 Billion by 2030, growing at a CAGR of 14.3% over the analysis period 2022-2030.

Hardware, one of the segments analyzed in the report, is projected to record 13.9% CAGR and reach US$55.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 15.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.4 Billion, While China is Forecast to Grow at 17.1% CAGR
The mPoS Terminals market in the U.S. is estimated at US$7.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.1 Billion by the year 2030 trailing a CAGR of 17.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.6% and 13.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR.
Select Competitors (Total 61 Featured) -

• AURES Group
• BBPOS Limited
• Bitel Co. Ltd.
• Fiserv, Inc.
• HP Development Company, L.P.
• Ingenico
• NCR Corporation
• NEW POS TECHNOLOGY LIMITED
• Newland Payment Technology
• Oracle Corporation
• Panasonic Corporation
• PAX Technology Corporation
• Posiflex Technology, Inc.
• QVS Software Inc.
• Samsung Electronics Co. Ltd.
• SPECTRA Technologies Holdings Co. Ltd.
• SZZT Electronics Co.,Ltd.
• Toast Inc.
• Touch Dynamic
• VeriFone, Inc.
• Zebra Technologies Corporation

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Report Attribute	Details
No. of Pages	276
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$24.9 Billion
Forecasted Market Value (USD) by 2030	$72.8 Billion
Compound Annual Growth Rate	14.4%
Regions Covered	Global

Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

• Impact of COVID-19 Pandemic and Looming Global Recession
• Living with COVID-19: The New Normal
• Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
• World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
• Impact of the COVID-19 Pandemic on mPOS Market
• What is a POS System?
• An Introduction to mPOS Terminals
• Global Market Outlook
• Retail Industry Leads the Global mPOS Terminals Market
• Developing Regions to Spearhead Future Gains
• Competition
• mPoS Terminals - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS

• mPOS Systems Offer Various Benefits, Set to Gain Momentum
• mPOS Aids in Boosting Business Performance and Customer Experience
• Growing Shift Towards Contactless Payments Drives Demand for mPOS Terminals
• Global Contactless Payments Market Size (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
• COVID-19 Crisis Facilitates Payment Space to Move Away from Cash Payments
• Transforming Payments Landscape & Rapid Pace of Digitization Presents Opportunity for mPOS Terminals Market
• Global Digital Transformation Spending (In US$ Billion) for 2017-2023
• Top Countries in Digital Transactions Worldwide: Volume of Real-time Payment Transactions for 2021
• Key Benefits of Adopting Digital Transformation
• mPOS Solutions: A Promising Alternative Payment Method
• Expanding Internet Connectivity Facilitates Market Gains
• Percentage Adoption Rate (%) of Internet Users by Region (As of June 2022)
• Number of Internet Users Worldwide (in Billions) for the Years 2011-2021
• Ubiquity of Mobile Devices and Rising Use of Smartphones for Payments: Potential for mPOS Terminal Market
• Adoption Rate of Smartphones as a % of Total Population: 2016-2021
• Global Shipments of Smartphones (in Million Units) for 2020 through 2025
• mPOS Value-Added Services (VAS) to Drive Future Gains in mPOS Terminals Market
• Global Mobile Value Added Services (MVAS) in US$ Million by Region/Country for the Years 2020 and 2027
• Growing Demand for Mobile Financial Transactions from Varied Industries to Accelerate Growth
• Increasing Utilization of Mobile Wallets and Rise in NFC Transactions Fuel Market Prospects
• Common Reasons for Use of Digital Wallets: % Share of Users by Reason Cited
• Digital Wallet Usage among Adults in Select Countries: % of Respondents Using Digital Wallets Every day for 2022E
• Rising Threat of Financial Fraud & Strict Regulations for Payment Processing Propel Demand for EMV-Compliant Payment Solutions
• Financial Losses in the US Due to Internet Crime by Type of Internet-Enabled Crime (2021)
• Cumulative Global Online Fraud (In US$ Billion) by Region during 2020 to 2024
• Retail Emerges as the Leading Application Market for mPOS Terminals
• Application of Digital Solutions Used to Improve In-Store Retail Experience
• Technological Innovations to Drive Future of mPOS
• Market Benefits from Growing Opportunities in the Restaurant Industry
• Growing Use of Mobile POS Solutions for Tableside Ordering and Payments
• Innovations in Restaurant Technology Spur Development of Next-Generation Restaurant POS Systems
• How the Food Service, Hotels & Hospitality Industries Are Impacted by the Pandemic & What's the New Normal?
• Hospitality Sector Turns to mPOS Terminals Improve Customer Experience
• Travel & Hospitality Industry Confronts Challenges Due to COVID-19 Pandemic
• Cloud-based mPOS Terminals Poised for High Growth in the Future
• mPOS Terminals Offer Numerous Benefits to SMEs
• Security of mPOS Terminals: A Highly Critical Requirement

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION
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• global market for mpos terminals

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