Mobile POS Terminals Market to grow at 19% CAGR from 2016 to 2023
Request Sample of Report @ http://bit.ly/2gnw5C6 Mobile POS terminals market utilizes wireless devices to facilitate payment for services or products. Use of wireless technology can streamline various processes, from rental cabs to restaurants to buying food at grocery stores. Wireless systems aid in significant cost reduction per transaction in regions of high telecommunication costs by using technologies such as 802.11, GPRS, CDMA, and Wi-Fi.
Request Sample of Report @ http://bit.ly/2gnw5C6
Mobile POS terminals market utilizes wireless devices to facilitate payment for services or products. Use of wireless technology can streamline various processes, from rental cabs to restaurants to buying food at grocery stores. Wireless systems aid in significant cost reduction per transaction in regions of high telecommunication costs by using technologies such as 802.11, GPRS, CDMA, and Wi-Fi.
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m<strong>POS</strong> <strong>Terminals</strong> <strong>Market</strong> forecast <strong>to</strong> <strong>grow</strong> <strong>at</strong> <strong>19%</strong> <strong>CAGR</strong><br />
<strong>from</strong> <strong>2016</strong> <strong>to</strong> <strong>2023</strong>: Frac<strong>to</strong>via.org<br />
The l<strong>at</strong>est mobile <strong>POS</strong> terminals market analysis and research report talks about<br />
major applic<strong>at</strong>ions of mobile <strong>POS</strong> terminals, <strong>grow</strong>th of these segments as well as<br />
offers insights in<strong>to</strong> company’s active in this industry and their inform<strong>at</strong>ion.<br />
<strong>Mobile</strong> point of sale terminals market is witnessing a parallel <strong>grow</strong>th with the increasing<br />
consumer claim for wireless communic<strong>at</strong>ion technology. Growing adoption of<br />
smartphones and mobile devices along with deployment of technologies such as<br />
GPRS across the globe is pushing mobile point of sale terminals industry noticeably.<br />
As per the report by Global <strong>Market</strong> Insights, Inc., Worldwide mobile point of sale<br />
terminals market was worth USD 11.54 billion in 2015 and will record an annual <strong>grow</strong>th<br />
r<strong>at</strong>e of <strong>19%</strong> over the period of <strong>2016</strong>-<strong>2023</strong>.<br />
<strong>Mobile</strong> point of sale terminals market finds wide applic<strong>at</strong>ion across sec<strong>to</strong>rs including<br />
retail, healthcare, entertainment, hospitality, warehouse, and restaurant.<br />
Entertainment applic<strong>at</strong>ions is anticip<strong>at</strong>ed <strong>to</strong> have a strong <strong>grow</strong>th prospect in future<br />
owing <strong>to</strong> the increasing implement<strong>at</strong>ion of these systems in pubs, casinos, pubs,<br />
<strong>to</strong>urism, and amusement park.<br />
It is projected <strong>to</strong> collect a revenue of around USD 4.35 billion by <strong>2023</strong>. <strong>Mobile</strong> point of<br />
sale terminals industry <strong>from</strong> retail sec<strong>to</strong>r covered more than 30% of the <strong>to</strong>tal volume<br />
in 2015 and will register an annual <strong>grow</strong>th r<strong>at</strong>e of 17.8% over the period of <strong>2016</strong> -<br />
<strong>2023</strong>. The robust <strong>grow</strong>th in the aforementioned sec<strong>to</strong>r can be credited <strong>to</strong> the rising<br />
number of retail chains such as supermarkets and hypermarkets.<br />
Healthcare applic<strong>at</strong>ion segment is anticip<strong>at</strong>ed <strong>to</strong> collect a revenue of USD 4.36 billion<br />
by <strong>2023</strong>, primarily driven by its <strong>grow</strong>ing adoption in medical fr<strong>at</strong>ernity fueled by the<br />
increasing p<strong>at</strong>ient’s health concerns. m<strong>POS</strong> system also performs various backend<br />
tasks such as fast billing, inven<strong>to</strong>ry & p<strong>at</strong>ient’s d<strong>at</strong>a tracking. In addition <strong>to</strong> this,<br />
favorable government initi<strong>at</strong>ives about the deployment of such a terminal across the<br />
medical spacer will also augment mobile point of sale terminals industry <strong>grow</strong>th<br />
noticeably.<br />
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Software and hardware are the two main components of mobile point of sale terminals<br />
market. Software based m<strong>POS</strong> terminal industry will gener<strong>at</strong>e a revenue of over USD<br />
9.5 billion by <strong>2023</strong>. Software based technology is prominently used in the screen<br />
terminals and barcode scanner <strong>to</strong> enhance their functioning, thereby offering the<br />
benefits of d<strong>at</strong>a s<strong>to</strong>rage and backup. Hardware component segment is also predicted<br />
<strong>to</strong> <strong>grow</strong> substantially <strong>at</strong> a <strong>CAGR</strong> of 18% over <strong>2016</strong> -<strong>2023</strong>.<br />
Brazil <strong>Mobile</strong> <strong>POS</strong> <strong>Terminals</strong> <strong>Market</strong> size, by applic<strong>at</strong>ion, 2012 - <strong>2023</strong> (USD Billion)<br />
Browse key industry insights spread across 100 pages with 108 market d<strong>at</strong>a tables &<br />
11 figures & charts <strong>from</strong> the report, “(m<strong>POS</strong>) <strong>Mobile</strong> <strong>POS</strong> <strong>Terminals</strong> <strong>Market</strong> Size By<br />
Component (Software, Hardware), By Applic<strong>at</strong>ion (Restaurants, Entertainment,<br />
Hospitality, Healthcare, Warehouse, Retail), Industry Analysis Report, Regional<br />
Outlook (U.S., Canada, Germany, UK, China, India, Japan, Brazil, Mexico)” in<br />
detail along with the table of contents:<br />
https://www.frac<strong>to</strong>via.org/news/industry-research-report/mobile-point-of-sale-mposterminals-market<br />
Regionally, Asia Pacific mobile point of sale terminals market will gener<strong>at</strong>e significant<br />
<strong>grow</strong>th avenue over the coming six years, owing <strong>to</strong> the increased business space and<br />
emergence of new entrepreneurship activities in this region. Large presence of mobile<br />
applic<strong>at</strong>ion based companies such as paytm, flipcart etc., which need a mobile<br />
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payment g<strong>at</strong>eway for secure and easy money transaction will favor the regional<br />
demand.<br />
North America mobile point of sale terminals industry will register an annual <strong>grow</strong>th<br />
r<strong>at</strong>e of 18.3% over the period of <strong>2016</strong> <strong>to</strong> <strong>2023</strong>. U.S. is forecast <strong>to</strong> be the key revenue<br />
pocket for North America.<br />
<strong>Mobile</strong> Point of Sale terminals industry is consolid<strong>at</strong>ed with the two major players-<br />
Ingenico and Verifone having held 40% of the global revenue in 2015. Other notable<br />
participants in this market are Zebra Technologies, First D<strong>at</strong>a Corpor<strong>at</strong>ion, NEC<br />
Corpor<strong>at</strong>ion, QVS Software Incorpor<strong>at</strong>ion, Panasonic Corpor<strong>at</strong>ion, Posiflex<br />
Technology Incorpor<strong>at</strong>ion, HP Company, and PAX Technology Limited.<br />
Table of Contents OF <strong>Mobile</strong> <strong>POS</strong> <strong>Terminals</strong> <strong>Market</strong>:<br />
Chapter 1<br />
Methodology & Scope<br />
1.1 Research Methodology<br />
1.1.1 Initial d<strong>at</strong>a explor<strong>at</strong>ion<br />
1.1.2 St<strong>at</strong>istical modeling and forecast<br />
1.1.3 Industry insights and valid<strong>at</strong>ion<br />
1.2 D<strong>at</strong>a Sources<br />
Chapter 2<br />
Executive Summary<br />
2.1 <strong>Mobile</strong> <strong>POS</strong> terminals industry 360 0 synopsis, 2012 - <strong>2023</strong><br />
2.1.1 Business trends<br />
2.1.2 Regional trends<br />
2.1.3 Applic<strong>at</strong>ion trends<br />
Chapter 3<br />
<strong>Mobile</strong> <strong>POS</strong> <strong>Terminals</strong> Industry Insights<br />
3.1 Industry segment<strong>at</strong>ion<br />
3.2 Industry size and forecast, 2012 - <strong>2023</strong><br />
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3.3 Industry ecosystem analysis<br />
3.3.1 Vendor landscape<br />
3.4 Technological evolution<br />
3.5 Industry impact forces<br />
3.5.1 Growth drivers<br />
3.5.2 Industry pitfalls & challenges<br />
3.6 Growth potential analysis<br />
3.7 Competitive landscape, 2015<br />
3.7.1 Str<strong>at</strong>egy overview<br />
3.8 Porter’s analysis<br />
3.9 PESTEL analysis<br />
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