Global mPOS Market 2016-2020
| Published: Nov 2015 | Pages: 57 | SKU: IRTNTR7933 |
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
- Highlights
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Market size and forecast
- Five forces analysis
- Overview
- Competitive scenario
- Other prominent vendors
- Ingenico
- PAX Global Technology
- Toshiba TEC
- VeriFone Systems
- List of abbreviations
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.
INFORMATION 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
DATA 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
REPORT 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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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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