Mobile POS (mPOS) is a device which can be linked to a smartphone or tablet and enables the user to accept a card or mobile contactless payment. Mobile point-of-sale is changing the retail industry by delivering results that other technologies have failed to deliver. The mobile POS terminals market has gained momentum over the previous years due to rapid and increasing deployments in large retail chains, across a wide number of regional marketplaces. Ease of use and better-quality return on investment (ROI) offered by these systems has positively impacted the mPOS terminals market. The Global mpos Hardware Market was valued at US$ 4173.5 Mn in 2020 and is expected to reach US$ 11579.5 Mn by 2030.

Top Key Players includes in this report: First Data Corporation, HP Development Company, L.P., Ingenico Group, NEC Corporation, Oracle, Panasonic Corporation, Posiflex technology, Inc., QVS Software, Inc., Samsung, Spectra Technologies Holdings Co. Ltd., Toshiba Corporation, Verifone, ZIH Corp., Bixolon, PAYPAL, Square, Inc., DSPREAD Technology 13.18. Intuit Inc., BBPOS Limited, amongst other.

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mPOS Hardware Market, by Solution Type

On the basis of solution type, card reader accessories, which includes dongles and sleeves, is expected to be the fastest-growing segment. The shipment of card reader accessories is projected to increase during the forecast period 2018-2026. The demand for card reader accessories is driven by their low cost and high demand from micro merchants and small- and medium-sized businesses (SMBs). Various retail shops are shifting their POS strategies towards a consumer-first approach via solutions that employ app integration, the convergence of fixed position terminals with mobility, features based on interactions / touchpoints, self-service, and loyalty expansion. mPOS is a cost-effective hardware for the SMBs as mobile technology is being adopted exponentially. This has made it easier than ever to become a retail entrepreneur; with smarter and less costly hardware and software.

mPOS Hardware Market, by Region

On the basis of geography, North America is expected to dominate the market, due to rising demand from application industries in the region. However, Asia Pacific mPOS hardware market is expected to gain traction over the forecast period 2018-2026 owing to increased demand from SMBs. The increasing need of smartphones and tablet market in Asia-Pacific, particularly in China and India, is expected to positively impact the mPOS terminals industry in the region. Asia Pacific mobile POS terminals market share was over 25% of the global revenue in 2015, and the increasing prominence of SMBs is expected to drive regional growth in coming years.

Objectives of the Study:

  • To define, describe, and analyze the global conducting polymers market by type, application, and region
  • To forecast and analyze the market size (in terms of value and volume) and submarkets in five regions such as Asia Pacific, Europe, North America, Central & South America, and the Middle East & Africa
  • To forecast Country-level market and analysis for each region.
  • To strategically analyze each submarket with respect to individual growth trends and its contribution to the global market of conducting polymers
  • To analyze market opportunities for stakeholders by identifying fast-growing segments of the global conductive polymer market.
  • To identify trends and factors that drive or hinder the growth of markets and submarkets.
  • To analyze competitive developments, such as expansions, new product developments, mergers & acquisitions, and contracts & agreements in the global conducting polymers market
  • Strategically profile key market players and comprehensively analyze their growth strategies.

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