Category: Mobile Payments

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?

New mobile commerce service may be coming to Hong Kong

SmarTone plans to launch a new service later this year

SmarTone Telecommunications, a mobile network operator in Hong Kong, has plans to play a larger role in the mobile commerce space. The company is expected to launch a new service called “Kiss” later this year, which will allow consumers to use their mobile devices to pay for goods at physical stores as well as online. SmarTone has been signing up retailers that will be using the service as a way to better engage mobile consumers.

Kiss could become a popular tool for retailers

Kiss has been in development for the past two years and the platform may be ready for launch in December. There may be licensing opportunities for Kiss as well, especially as more organizations become interested in mobile commerce in an attempt to cater to consumers with smartphones and tablets. Merchants using the service will be charged a monthly fee and they will be able to use the Kiss platform to establish mobile storefronts that make it easier for consumers to shop with their smartphones.

Retailers are looking for ways to engage mobile consumers

Mobile Commerce - Hong KongThere is a great deal of competition in the mobile commerce market. Retailers have been looking for new ways to engage consumers that are becoming heavily reliant on their smartphones. These consumers are using their devices to shop online for products that they are interested in. Mobile shopping is particularly popular among those with long commutes, as it enables them to get their shopping done without having to visit physical stores.

Retailers are showing more interest in getting involved in mobile commerce

Engaging mobile consumers is becoming an important priority for retailers. In the past, retailers had little interest in the mobile space, as they had relatively low knowledge of mobile commerce. Now, however, retailers are turning to companies like SmarTone in order to connect with consumers in a more dynamic way. Mobile network operators are beginning to play a bigger role in the mobile commerce space as well, as they have begun to see promising opportunities to provide valuable services to consumers and businesses alike.