mPoS Terminals Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR45966
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The mPoS terminals market size has the potential to grow by USD 6.01 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 19.55%. 

This report provides a detailed analysis of the market by end-user (retail and hospitality), geography (APAC, North America, Europe, South America, and MEA), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • 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.

 

The mPoS terminals market is fragmented and the vendors are deploying growth strategies such as mergers and acquisitions to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as growing transaction volumes to achieve growth opportunities. However, factors such as growing e-commerce market will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the mPoS terminals market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This mPoS terminals market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

mPoS Terminals Market: Key Drivers and Trends

The growing transaction volumes is one of the primary growth factors for the mPoS terminals market. With the entry of a large portion of the population into the banking system, the preference of customers toward card transactions has increased. This will subsequently induce merchants to opt for mPoS terminals. Additionally, the growth of the e-commerce industry that is a major user of the card payment infrastructure will drive the demand for mPoS terminals, subsequently fueling market growth.

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mPoS Terminals Market: Segmentation by Geography

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47% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for mPoS terminals in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

mPoS Terminals Market: Segmentation by End-user

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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. Therefore, the mPoS terminals market share growth by the retail segment has been significant so far.    

However, the post COVID19 impact has brought forth a slowdown in the use of mPoS terminals in the retail segment. Fetch actionable market insights on post COVID19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the mPoS terminals market size. 

 

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mPoS Terminals Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive mPoS terminals market growth during the next five years
  • Precise estimation of the mPoS terminals market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the mPoS terminals industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of mPoS terminals market vendors

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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

      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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      The mpos terminals market growth will increase by $6013.91 million during 2020-2025.
      The mpos terminals market is expected to grow at a CAGR of 19.55% during 2020-2025.
      Technavio has segmented the mpos terminals market by end user (Retail and Hospitality) and geographic (APAC, North America, Europe, South America, and MEA).
      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. are a few of the key vendors in the mpos terminals market.
      APAC will register the highest growth rate of 46.74% among the other regions. Therefore, the mpos terminals market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • India
      • Japan
      • Germany
      The key factors driving the mpos terminals market growth are:
      • Ease of implementation
      • Adoption in contactless transactions
      The mpos terminals market vendors should focus on grabbing business opportunities from the retail segment as it accounted for the largest market share in the base year.
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