Tag: Mobile POS Systems Market

Mobile POS Systems market 2015 to grow at a CAGR of 9.6% By 2019: Market Research Store

Global Mobile POS Systems market to grow at a CAGR of 9.6 percent over the period 2014-2019. The Report “Global Mobile POS Systems Market 2015-2019” has been prepared on the basis of an in-depth Mobile POS Systems Market analysis with inputs from team of industry experts. It Includes Mobile POS Systems Market growth prospects along with market landscape in upcoming years. The report also covers discussion on the key vendors operating in the Mobile POS Systems Market Space.

Mobile POS Systems Market 2015 Global Trends, Market Size, Share, Price, Segmentation, Research Report and Forecast 2015-2020.

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A mobile POS refers to an electronic payment system that transfers funds using credit and debit cards at POS terminals located at retail outlets. Mobile POS systems are equipped with features such as Wi-Fi, RFID, VoIP, and smart card capabilities. These systems are highly versatile and are used primarily as data devices. In addition, they are used for sending digitized notes, checking prices, writing reports, sending and receiving invoices, capturing signatures, and managing assets at retail stores. The abovementioned functions can be used to exchange data within a store or other out-of-store locations through wireless applications. Mobile POS systems are also being used to send and receive faxes through emails (known as internet fax service). Mobile POS systems can also be coupled with Bluetooth-enabled printers to enable line busting for faster checkout during heavy traffic at retail stores. Thus, mobile POS systems help retailers to provide value-added services, with the requirements of speed and accessibility being accomplished.

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The report Mobile POS Systems Market Industry provides a comprehensive analysis of the Mobile POS Systems Market.This report also includes detailed segmentation of the Mobile POS Systems Market. The leading sector, emerging sectors, along with their growth statistics have been mentioned in the report.

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After a deep overview of the Mobile POS Systems Market, the report analyzes the market dynamics. This report also include the top drivers supporting market growth as well as the key restraints hampering market growth.

Additionally, the report also states the threats ass well as opportunities that companies in the market need to look out for. The most influential trends that will shape the market during the forecasting horizon are also covered in this report. Current market development trends like a partnerships, collaborations, M&As etc., have also been discussed in detail in the report.

Players in the Mobile POS Systems Market are aiming to expand their operations to emerging regions. An in-depth supply chain analysis in the report will give readers a better understanding of the Mobile POS Systems Market.

Key Regions

Americas
EMEA
APAC

Key Vendors

Datalogic SpA
Fujitsu Ltd.
Ingenico Group
Honeywell Scanning and Mobility
Motorola Solutions Inc.
Pax Technology Ltd.
VeriFone Systems Inc.

Important Questions Answered in report:-

What will the expected Compound Annual Growth Rate For “Mobile POS Systems Market”?
What will the Mobile POS Systems Market size be in 2019?
What is driving this market?
What are the challenges related to Mobile POS Systems Market growth?
What are the key market trends?
Who are the key vendors in Mobile POS Systems Market area?
What are the market opportunities?
What are the strengths as well as weaknesses of the key vendors?
Which are the threats faced by the key vendors?

Mobile POS Systems market 2015 to grow at a CAGR of 9.6% by 2019

Global Mobile POS Systems Market 2015-2019

A mobile POS refers to an electronic payment system that transfers funds using credit and debit cards at POS terminals located at retail outlets. Mobile POS systems are equipped with features such as Wi-Fi, RFID, VoIP, and smart card capabilities. These systems are highly versatile and are used primarily as data devices. In addition, they are used for sending digitized notes, checking prices, writing reports, sending and receiving invoices, capturing signatures, and managing assets at retail stores. The abovementioned functions can be used to exchange data within a store or other out-of-store locations through wireless applications. Mobile POS systems are also being used to send and receive faxes through emails (known as internet fax service). Mobile POS systems can also be coupled with Bluetooth-enabled printers to enable line busting for faster checkout during heavy traffic at retail stores. Thus, mobile POS systems help retailers to provide value-added services, with the requirements of speed and accessibility being accomplished.

Global Mobile POS Systems market to grow at a CAGR of 9.6 percent over the period 2014-2019.

The predominant factor driving the market growth is the increased penetration of mobile POS systems in the retail and hospitality sectors. The surge in need for mobility by the merchants in these sectors to ease the customer checkout process will tend to fuel the market growth during the forecast period.

“The increase in awareness about near-field communication technology among merchants has resulted in the growing adoption of POS terminals and fostered the growth of NFC-based payments,”.

“Besides providing easy and quick transactions, merchants can employ NFC for loyalty programs, marketing, and providing information about the products customers are likely to purchase.”

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Covered in this Report

This report covers the present scenario and the growth prospects of the Global Mobile POS Systems market for the period 2014-2019. The report covers the entire range of mobile POS systems used in the following end-user segments:

BFSI Sector
Government Sector
Hospitality Sector
Retail Sector
Transportation Sector

The report considers only the revenue generated from the shipments of mobile POS systems to these sectors. The report does not consider the revenue generated from the following:

Mobile computing devices such as smartphones and tablets used as POS systems by merchants
Service and maintenance of mobile POS systems
Re-selling
Licensing of enterprise resource planning tools
Sales of used POS terminals

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Key Market Drivers

Increased Need for Mobility by Merchants
Increased Footfall in Retail Outlets
Proliferation of Non-cash Payment Methods
Increased Adoption of EMV Cards
Need for Effective Information Management

Key Market Trends

Increase in Penetration of Mobile Computing Devices
Increase in Penetration of NFC Technology
Increased Awareness about Mobile Wallet
Stringent Regulations for Secure Payments

Key Market Vendors

Datalogic SpA
Fujitsu Ltd.
Ingenico Group
Honeywell Scanning and Mobility
Motorola Solutions Inc.
Pax Technology Ltd.
VeriFone Systems Inc.

To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.