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Global mPOS Market 2016-2020

  • Published: Nov 2015
  • Pages: 57
  • SKU: IRTNTR7933
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This market research report includes a detailed analysis of the global mPOS market and its end-user applications (retail, hospitality, and others). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Ingenico, PAX, Toshiba TEC, VeriFone Systems.

Market outlook of the mPOS market

Technavio’s market research analyst predicts the global mPOS market to grow tremendously at a CAGR of 50% during the forecast period. The growing demand for mobile payments is the primary growth driver for this market. The increasing mobile internet penetration enables the users to quickly process mPOS and close the sales process. Moreover, the rising adoption of tablets and smartphones across the globe allows the retailers and merchants to integrate mPOS into their payment process.

The growing usage of cloud-based solutions is expected to fuel the mPOS market during the forecast period. These solutions enable merchants to access customer information and product data across multiple platforms. A large amount of data would require highly compatible mPOS that will capture information such as payment preferences, and buying behavior to fuel the market. mPOS would also enable merchants to store a large amount of data that can be accessed from anywhere across the globe by authorized personnel.

Geographical segmentation and analysis of the mPOS market

  • Americas
  • APAC
  • EMEA

The retail sector is the prominent revenue contributor in the Americas. The concentration of retail outlets in the Americas is very high resulting in the growing market for mPOS. The mPOS market in Americas is expected to grow at a CAGR of 51% during the forecast period 2016-2020.

Competitive landscape and key vendors

The mPOS market is led by selective players and growing number of mergers and acquisitions. The competition in the mPOS market is expected to intensify due to the increasing number of solution providers and acquisitions of SMEs, by the large players. The report anticipates large retailers to integrate mPOS into their businesses during the forecast period.

The leading vendors in the market are -

  • Ingenico
  • PAX
  • Toshiba TEC
  • VeriFone Systems

The other prominent vendors in the market include NEC and Samsung.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global mPOS market?
  • What are the key market trends impacting the growth of the global mPOS market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global mPOS market?
  • Trending factors influencing the market shares of the Americas, EMEA, and APAC?
  • What are the key outcomes of the five forces analysis of the global mPOS market?

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Table of Contents

PART 01: Executive summary
  •  Highlights
PART 02: Scope of the report
  •  Market overview
  •  Top-vendor offerings
PART 03: Market research methodology
  •  Research methodology
  •  Economic indicators
PART 04: Introduction
  •  Key market highlights
PART 05: Market landscape
  •  Market overview
  •  Market size and forecast
  •  Five forces analysis
PART 06: Impact of drivers
PART 07: Impact of drivers and challenges
PART 08: Geographical segmentation
  •  Overview
PART 09: Vendor landscape
  •  Competitive scenario
  •  Other prominent vendors
PART 10: Key vendor analysis
  •  Ingenico
  •  PAX Global Technology
  •  Toshiba TEC
  •  VeriFone Systems
PART 11: Appendix
  •  List of abbreviations
PART 12: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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