SAN FRANCISCO , Feb. 18, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "mPoS Terminals - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Edition: 7; Released: February 2022 Executive Pool: 1321 Companies: 59 - Players covered include Bixolon Co., Ltd.; Citizen Systems Europe GmbH; Dspread Technology, Inc.; Fiserv Inc. (First Data Corporation); Hewlett-Packard Development Company L.P.; Ingenico Group S.A; Intuit, Inc.; iZettle AB; Oracle Corporation (MICROS Systems, Inc.); PAX Technology Ltd.; PayPal Holdings, Inc.; Posiflex Technology, Inc.; Recruit Holdings Co., Ltd.; Square, Inc; VeriFone Systems, Inc; Zebra Technologies Corp. and Others. Coverage: All major geographies and key segments Segments: Component (Hardware, Software); Application (Retail, Restaurants, Hospitality, Healthcare, Entertainment, Warehouse, Other Applications) Geographies: World; United States ; Canada ; Japan ; China ; Europe (France ; Germany ; Italy ; United Kingdom ; and Rest of Europe ); Asia-Pacific ; Rest of World.
Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry
Global mPoS Terminals Market to Reach US$46.2 Billion by the Year 2026 The tablet, smartphone, or other dedicated wireless equipment that functions as an electronic POS (Point of sale) terminal or a cash register wirelessly is referred to as mPOS or mobile point of sale. mPOS is very beneficial for the businesses that do transactions while in motion, like food trucks and market vendors who communicate with the customers from anywhere. The mPOS market is growing rapidly over the last few years, with larger retailers embracing mPOS technology to assist in updating the CX and enhance satisfaction despite the decreasing foot traffic. mPOS devices' adoption is anticipated to propel the mPOS annual transactions. The mPOS affordability is estimated to make the systems more attractive for the formerly cash-driven and small businesses. The utilization of biometrics including facial and fingerprint recognition is another trend anticipated in mPOS systems to confirm the identity of customers while making payments. Biometrics is regarded as the safe authentication method and organizations such as Mastercard are administering pilot projects integrating the technology with the already existing mPOS. Increased utilization of contactless transactions is prompting the merchants to embrace mPOS terminals for accepting contactless payments from customers' smartphones. Growing NFC-based transactions and mobile wallet technology's emergence are expected to propel market growth. Growth is also driven by EMV chip card technology's increased penetration for debit and credit card payments.
Amid the COVID-19 crisis, the global market for mPoS Terminals estimated at US$25.1 Billion in the year 2022, is projected to reach a revised size of US$46.2 Billion by 2026, growing at a CAGR of 14.5% over the analysis period. Hardware, one of the segments analyzed in the report, is projected to grow at a 14% CAGR to reach US$41 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 16.4% CAGR for the next 7-year period. This segment currently accounts for a 20.5% share of the global mPoS Terminals market. The mPOS terminal hardware segment is anticipated to be the largest contributor, as hardware components such as hand-held terminals, and smartphones and tablets paired with debit/credit card readers attributed to the major revenue share. mPOS software is expected to witness high growth through the analysis period due to the increased demand for fast, efficient, scalable, and effective checkout solutions. Additionally, the advancements in mobile applications are accelerating further demand for POS software, driving further initiatives in this space.
The U.S. Market is Estimated at $7.5 Billion in 2022, While China is Forecast to Reach $7.5 Billion by 2026 The mPoS Terminals market in the U.S. is estimated at US$7.5 Billion in the year 2022. The country currently accounts for a 30.25% share in the global market. China , the world's second largest economy, is forecast to reach an estimated market size of US$7.5 Billion in the year 2026 trailing a CAGR of 17.8% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada , each forecast to grow at 11.6% and 14.1% respectively over the analysis period. Within Europe , Germany is forecast to grow at approximately 13.7% CAGR while Rest of European market (as defined in the study) will reach US$5.3 Billion by the end of the analysis period. Growth in the US market is driven by the rapid change towards robust, fast, and secure business solutions and devices including tablets. The usage of tablet POS terminals has increased extensively among businesses due to the low installation costs and fast checkout. In countries such as China and India , the robust expansion of the e-commerce sector is leading to a surge in digital payments, thus presenting the Asia-Pacific region as a lucrative market for mPOS terminals. More
MarketGlass™ Platform Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.
Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android
About Global Industry Analysts, Inc. & StrategyR™ Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS: Zak Ali Director, Corporate Communications Global Industry Analysts, Inc. Phone: 1-408-528-9966 www.StrategyR.com Email: ZA@StrategyR.com
LINKS Join Our Expert Panel https://www.strategyr.com/Panelist.asp
Connect With Us on LinkedIn https://www.linkedin.com/company/global-industry-analysts-inc./
Follow Us on Twitter https://twitter.com/marketbytes
Journalists & Media Info411@strategyr.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/with-market-size-valued-at-46-2-billion-by-2026--its-a-healthy-outlook-for-the-global-mpos-terminals-market-301484630.html
SOURCE Global Industry Analysts, Inc.
As we close in on the final quarter of 2022, investors are looking for an answer to one question: was June’s low the bottom for stocks, or do they have more room to fall? It’s a serious question, and there may be no easy answer. Markets are facing a series of headwinds, from the high inflation and rising interest rates that we’ve grown familiar with to an increasingly strong dollar that will put pressure on the upcoming Q3 earnings. Weighing in on current conditions from Charles Schwab, the $8 t
Congressional Democrats want to slam shut a tax loophole known as the "backdoor" Roth IRA. In one of several proposed changes that target the retirement accounts of wealthy Americans, Democrats on the House Ways and Means Committee want to prohibit people … Continue reading → The post Democrats Want to End This Lucrative Retirement Account Loophole appeared first on SmartAsset Blog.
NIO Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $NIO performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.
The S&P 500 is on again, off again all year. But investors clearly have a "buy list" of stocks they want to own when the rally looks real.
It's time to be extra picky.
Expect cost certainty to fly right out the (drafty) window.
BullsEyeOption.com Chief Market Strategist Alan Knuckman joins Yahoo Finance Live to discuss energy markets and how Europe's energy crisis could impact both the U.S. and China.
Berkshire Hathaway is on pace to collect $6.07 billion in dividend income over the next 12 months. Just five holdings will account for 71% of total payouts.
A strong bearish trend defined the markets in the first half of the year; since then, the key point has been volatility. Stocks hit a bottom back in June, when the S&P 500 dropped into the 3,600s. That has proven to be a support level in the last two months, and at least one strategist believes that the market won’t be testing those lows again this year. JPMorgan's Jason Hunter believes that inflation may have peaked, and that the upcoming CPI report will provide additional evidence of that. “We
The EARN Act is the latest addition to the lineup of proposals legislators have put forth to bolster retirement savings. Senators Ron Wyden, a Democrat from Oregon, and Mike Crapo, a Republican from Idaho, introduced the Enhancing American Retirement Act on Thursday. “Americans deserve dignified retirements after decades of hard work, and our bill is an important step forward,” Wyden said in a statement.
On Friday, the company unveiled the Robinhood Investor Index, which captures how customers invest based on the top 100 most owned stocks on the platform.
Nio (NYSE: NIO) reported increasing losses in its second-quarter earnings report this week, but investors are shrugging that off, sending shares soaring Friday morning. Although its profit margins have been on a downward trend, new models being launched could turn that around in the coming years. Consumer prices in China increased at a slower pace than many expected in August, and producer inflation sank to the lowest level since February 2021, reports Reuters.
The Dow Jones jumped as the rally gained strength. Tesla stock surged as Elon Musk eyed a new move. A Warren Buffett stock impressed.
See how to gauge demand and strength in Apple, Nasdaq and other stocks on the latest list of new buys by the best mutual funds.
Gary Gensler had strong words for the crypto industry in a Thursday speech, telling an audience of lawyers that the "vast majority" of the nearly 10,000 existing crypto tokens are securities.
Baron Funds, an asset management firm, published its “Baron Durable Advantage Fund” second quarter 2022 investor letter – a copy of which can be downloaded here. Baron Durable Advantage Fund (the “Fund”) declined 15.7% (Institutional Shares) during the second quarter, roughly in line with the 16.1% decline for the S&P 500 Index (the “Index”), the […]
Fintech stocks were crushed during the market's decline this year. Thus, they tend bounce harder on recoveries.
Get a fresh take on your retirement planning. Avoid these three mistakes.
These highly innovative companies are begging to be bought following a peak decline of 34% in the Nasdaq Composite.
In this article, we will look at 10 stocks that Jim Cramer is talking about in September. If you want to explore more stocks that journalist investor, Jim Cramer, is talking about in September, you can also take a look at Jim Cramer is Talking About These 5 Stocks in September. Jim Cramer has acquired […]