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PoS Mobile Card Reader Market by Technology and Geography - Forecast and Analysis 2020-2024

  • Published: Aug 2020
  • Pages: 120
  • SKU: IRTNTR43661
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The pos mobile card reader market size has the potential to grow by USD 2.08 bn during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by technology (Contact and Contactless) and geography (APAC, North America, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Etsy Inc., Fiserv Inc., Ingenico Group SA, Intuit Inc., PayPal Holdings Inc., Shopify Inc., Square Inc., Thales Group, Visa Inc., and Worldline SA.

Market Overview

Browse TOC and LoE with selected illustrations and example pages of PoS Mobile Card Reader Market

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Market Competitive Analysis

The market is concentrated. Etsy Inc., Fiserv Inc., Ingenico Group SA, Intuit Inc., PayPal Holdings Inc., Shopify Inc., Square Inc., Thales Group, Visa Inc., and Worldline SA are some of the major market participants. Factors such as lower costs of mobile card reader devices will offer immense growth opportunities. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this pos mobile card reader market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this pos mobile card reader market analysis report provides 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.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Etsy Inc.
  • Fiserv Inc.
  • Ingenico Group SA
  • Intuit Inc.
  • PayPal Holdings Inc.
  • Shopify Inc.
  • Square Inc.
  • Thales Group
  • Visa Inc.
  • Worldline SA

 

PoS Mobile Card Reader Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The lower transaction and switching costs will significantly influence the PoS mobile card reader market's growth in this region.

44% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for the PoS mobile card reader market in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the pos mobile card reader market size.

PoS Mobile Card Reader Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will pos mobile card reader market growth during the next five years
  • Precise estimation of the pos mobile card reader market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pos mobile card reader 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 pos mobile card reader market vendors

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PoS Mobile Card Reader Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 9%

Market growth 2020-2024

USD 2.08 billion

Market structure

Concentrated

YoY growth (%)

8.52

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 44%

Key consumer countries

US, China, UK, India, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Etsy Inc., Fiserv Inc., Ingenico Group SA, Intuit Inc., PayPal Holdings Inc., Shopify Inc., Square Inc., Thales Group, Visa Inc., and Worldline SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    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 Technology

    • Market segments
    • Comparison by Technology
    • Contact - Market size and forecast 2019-2024
    • Contactless - Market size and forecast 2019-2024
    • Market opportunity by Technology

    Customer Landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2019-2024
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Etsy Inc.
      • Fiserv Inc.
      • Ingenico Group SA
      • Intuit Inc.
      • PayPal Holdings Inc.
      • Shopify Inc.
      • Square Inc.
      • Thales Group
      • Visa Inc.
      • Worldline SA

      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
      Technavio

      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
      Technavio

      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 pos mobile card reader market growth will increase by $2076.67 million during 2019-2024.
      The pos mobile card reader market is expected to grow at a CAGR of 9.34% during 2019-2024.
      Technavio has segmented the pos mobile card reader market by technology (Contact and Contactless) and geographic (APAC, North America, Europe, South America, and MEA).
      Etsy Inc., Fiserv Inc., Ingenico Group SA, Intuit Inc., PayPal Holdings Inc., Shopify Inc., Square Inc., Thales Group, Visa Inc., Worldline SA are a few of the key vendors in the pos mobile card reader market.
      APAC will register the highest growth rate of 43.72% among the other regions. Therefore, the pos mobile card reader market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the pos mobile card reader market growth are:
      • Lower costs of mobile card reader devices
      The pos mobile card reader market vendors should focus on grabbing business opportunities from the contact segment as it accounted for the largest market share in the base year.
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