Mobile Point of Sale (mPOS) Systems Market by Component and Application- Global Industry Analysis and Forecast to 2023
Published On : February 2018 Pages : 105 Category: Electrical Systems & Components Report Code : SE03629
Industry Outlook and Trend Analysis
The Mobile Point of Sale Market was worth USD 9.73 billion in 2017 and is expected to reach approximately USD 46.28 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 18.92% during the forecast period. Mobile Point-Of-Sale is a tablet, cell phone, or any devoted remote device fit for performing elements of an electronic purpose of offer terminal or cash register. Converting a tablet or cell phone into a payment acceptance device was first presented by Square Inc. in 2009. This straightforward development soon got the creative ability of the world, bringing about the rise of a large group of contenders over the POS terminal industry.
Component Outlook and Trend Analysis
In 2017, the hardware segments including tablets, cell phone combined with a credit/check card reader, and hand held terminals represented larger part of the market income share. The hardware fragment is anticipated to remain the biggest revenue supporter of the worldwide versatile POS terminals market; software portion is foreseen to witness relatively higher development amid the conjecture time frame.
Application Outlook and Trend Analysis
On the basis of application, the market can be segmented into healthcare, entertainment, retail, hospitality and inventory & warehousing which incorporates stock administration, bill payment and printing, and loyalty programs. Regular SMB (Server Message Block) segment is foreseen to produce greatest income over the estimate time frame. The hospitality segment is anticipated to develop at a quick rate over the figure time frame.
Regional Outlook and Trend Analysis
North America is foreseen to occupy most extreme income over the estimate time frame inferable from more developing awareness about mPOS combined with expanding advancements in the region. Europe is anticipated to take after North America with respect to income generation. Asia Pacific is foreseen to develop quickly amid the gauge time frame attributable to rising interest from India and China.
Competitive Insights
The leading players in the market are VeriFone Holdings Inc, Panasonic, Toshiba, Cisco Systems, HP World, Micros Systems, Samsung Electronics Co Ltd and PAX Global. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Mobile Point of Sale Market is segmented as follows-
By Component:
- Mobile POS Terminal Hardware
- Mobile POS Terminal Software
By Application:
- Restaurants
- Hospitality
- Healthcare
- Retail
- Transportation and Warehousing
- Others
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Mobile Point of Sale Systems Market, By Component , Estimates and Forecast, 2014-2023 ($Million)
· Mobile POS Terminal Hardware
· Mobile POS Terminal Software s
· Mobile Point of Sale Systems Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
· Restaurants
· Hospitality
· Healthcare
· Retail
· Transportation and Warehousing
· Others
· Mobile Point of Sale Systems Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Mobile Point of Sale Systems Market, By Country
§ North America Mobile Point of Sale Systems Market, By Component
§ North America Mobile Point of Sale Systems Market, By Application
o U.S. Mobile Point of Sale Systems Market, By Component
o U.S. Mobile Point of Sale Systems Market, By Application
o Canada Mobile Point of Sale Systems Market, By Component
o Canada Mobile Point of Sale Systems Market, By Application
o Mexico Mobile Point of Sale Systems Market, By Component
o Mexico Mobile Point of Sale Systems Market, By Application
· Europe
§ Europe Mobile Point of Sale Systems Market, By Country
§ Europe Mobile Point of Sale Systems Market, By Component
§ Europe Mobile Point of Sale Systems Market, By Application
o Germany Mobile Point of Sale Systems Market, By Component
o Germany Mobile Point of Sale Systems Market, By Application
o France Mobile Point of Sale Systems Market, By Component
o France Mobile Point of Sale Systems Market, By Application
o UK Mobile Point of Sale Systems Market, By Component
o UK Mobile Point of Sale Systems Market, By Application
o Italy Mobile Point of Sale Systems Market, By Component
o Italy Mobile Point of Sale Systems Market, By Application
o Spain Mobile Point of Sale Systems Market, By Component
o Spain Mobile Point of Sale Systems Market, By Application
o Rest of Europe Mobile Point of Sale Systems Market, By Component
o Rest of Europe Mobile Point of Sale Systems Market, By Application
· Asia-Pacific
§ Asia-Pacific Mobile Point of Sale Systems Market, By Country
§ Asia-Pacific Mobile Point of Sale Systems Market, By Component
§ Asia-Pacific Mobile Point of Sale Systems Market, By Application
o Japan Mobile Point of Sale Systems Market, By Component
o Japan Mobile Point of Sale Systems Market, By Application
o Australia Mobile Point of Sale Systems Market, By Component
o Australia Mobile Point of Sale Systems Market, By Application
o India Mobile Point of Sale Systems Market, By Component
o India Mobile Point of Sale Systems Market, By Application
o South Korea Mobile Point of Sale Systems Market, By Component
o South Korea Mobile Point of Sale Systems Market, By Application
o Rest of Asia-Pacific Mobile Point of Sale Systems Market, By Component
o Rest of Asia-Pacific Mobile Point of Sale Systems Market, By Application
· Rest of the World
§ Rest of the World Mobile Point of Sale Systems Market, By Country
§ Rest of the World Mobile Point of Sale Systems Market, By Component
§ Rest of the World Mobile Point of Sale Systems Market, By Application
o Brazil Mobile Point of Sale Systems Market, By Component
o Brazil Mobile Point of Sale Systems Market, By Application
o South Africa Mobile Point of Sale Systems Market, By Component
o South Africa Mobile Point of Sale Systems Market, By Application
o Saudi Arabia Mobile Point of Sale Systems Market, By Component
o Saudi Arabia Mobile Point of Sale Systems Market, By Application
o Turkey Mobile Point of Sale Systems Market, By Component
o Turkey Mobile Point of Sale Systems Market, By Application
o United Arab Emirates Mobile Point of Sale Systems Market, By Component
o United Arab Emirates Mobile Point of Sale Systems Market, By Application
o Others Mobile Point of Sale Systems Market, By Component
o Others Mobile Point of Sale Systems Market, By Application
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Convenient payment method
3.2.2. Restraints
3.2.2.1. High Pricing
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Mobile Point of Sale Systems Market, By Component
4.1. Introduction
4.2. Global Mobile Point of Sale Systems Sales, Revenue and Market Share By Component (2017-2017)
4.2.1. Global Mobile Point of Sale Systems Sales and Sales Share By Component (2017-2017)
4.2.2. Global Mobile Point of Sale Systems Revenue and Revenue Share By Component (2017-2017)
4.3. Mobile Point of Sale Systems Market Assessment and Forecast, By Component , 2017-2023
4.4. Mobile POS Terminal Hardware
4.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.5. Mobile POS Terminal Software
4.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5. Mobile Point of Sale Systems Market, By Application
5.1. Introduction
5.2. Global Mobile Point of Sale Systems Sales, Revenue and Market Share by Application (2017-2017)
5.2.1. Global Mobile Point of Sale Systems Sales and Sales Share by Application (2017-2017)
5.2.2. Global Mobile Point of Sale Systems Revenue and Revenue Share by Application (2017-2017)
5.3. The Mobile Point of Sale Systems Market Assessment and Forecast, By Application, 2017-2023
5.4. Restaurants
5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.5. Hospitality
5.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.6. Healthcare
5.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.7. Retail
5.7.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.8. Transportation and Warehousing
5.8.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.9. Others
5.9.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
6. Mobile Point of Sale Systems Market, By Region
6.1. Introduction
6.2. Mobile Point of Sale Systems Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6.3. Global Mobile Point of Sale Systems Sales, Revenue and Market Share by Regions
6.3.1. Global Mobile Point of Sale Systems Sales by Regions (2017-2017)
6.3.2. Global Mobile Point of Sale Systems Revenue by Regions (2017-2017)
6.4. North America
6.4.1. North America Mobile Point of Sale Systems Sales and Growth Rate (2017-2017)
6.4.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.4.3. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.4.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.5. U.S.
6.4.5.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.4.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.6. Canada
6.4.6.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.7. Mexico
6.4.7.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.4.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5. Europe
6.5.1. Europe Mobile Point of Sale Systems Sales and Growth Rate (2017-2017)
6.5.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.5.3. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.5.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.5. Germany
6.5.5.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.6. France
6.5.6.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.7. UK
6.5.7.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.8. Italy
6.5.8.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.9. Spain
6.5.9.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.10. Rest of Europe
6.5.10.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.5.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6. Asia-Pacific
6.6.1. Asia-Pacific Mobile Point of Sale Systems Sales and Growth Rate (2017-2017)
6.6.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.6.3. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.6.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.5. Japan
6.6.5.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.6. China
6.6.6.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.7. Australia
6.6.7.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.8. India
6.6.8.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.9. South Korea
6.6.9.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.10. Rest of Asia-Pacific
6.6.10.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.6.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7. Rest of the World
6.7.1. Rest of the World Mobile Point of Sale Systems Sales and Growth Rate (2017-2017)
6.7.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.7.3. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.7.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.5. Brazil
6.7.5.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.7.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.6. Turkey
6.7.6.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.7.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.7. Saudi Arabia
6.7.7.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.7.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.8. South Africa
6.7.8.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.7.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.9. United Arab Emirates
6.7.9.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.7.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.10. Others
6.7.10.1. Market Assessment and Forecast, By Component , 2017-2023($Million)
6.7.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
7. Company Profiles
7.1. VeriFone Holdings Inc
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Mobile Point of Sale Systems Sales, Revenue and Market Share
7.2. Panasonic
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Mobile Point of Sale Systems Sales, Revenue and Market Share
7.3. Toshiba
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Mobile Point of Sale Systems Sales, Revenue and Market Share
7.4. Cisco Systems
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Mobile Point of Sale Systems Sales, Revenue and Market Share
7.5. HP World
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Mobile Point of Sale Systems Sales, Revenue and Market Share
7.6. Micros Systems
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Mobile Point of Sale Systems Sales, Revenue and Market Share
7.7. Samsung Electronics Co Ltd
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Mobile Point of Sale Systems Sales, Revenue and Market Share
7.8. PAX Global
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Mobile Point of Sale Systems Sales, Revenue and Market Share
8. Global Mobile Point of Sale Systems Market Competition, by Manufacturer
8.1. Global Mobile Point of Sale Systems Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Mobile Point of Sale Systems Revenue and Market Share by Manufacturer (2017-2017)
8.3. Top 5 Mobile Point of Sale Systems Manufacturer Market Share
8.4. Market Competition Trend
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of Mobile Point of Sale Systems Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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