Research Report on “
Global mPOS
Market 2016-2020 ”
Market outlook of the mPOS
market
Technavios market research
analyst predicts the global mPOS market to grow tremendously at a
CAGR of 50% during the forecast period. The growing demand for mobile
payments is the primary growth driver for this market. The increasing
mobile internet penetration enables the users to quickly process mPOS
and close the sales process. Moreover, the rising adoption of tablets
and smartphones across the globe allows the retailers and merchants
to integrate mPOS into their payment process.
The growing usage of
cloud-based solutions is expected to fuel the mPOS market during the
forecast period. These solutions enable merchants to access customer
information and product data across multiple platforms. A large
amount of data would require highly compatible mPOS that will capture
information such as payment preferences, and buying behavior to fuel
the market. mPOS would also enable merchants to store a large amount
of data that can be accessed from anywhere across the globe by
authorized personnel.
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Competitive landscape and
key vendors
The mPOS market is led by
selective players and growing number of mergers and acquisitions. The
competition in the mPOS market is expected to intensify due to the
increasing number of solution providers and acquisitions of SMEs, by
the large players. The report anticipates large retailers to
integrate mPOS into their businesses during the forecast period.
The leading vendors in the
market are -
- Ingenico
- PAX
- Toshiba TEC
- VeriFone Systems
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Table
of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the
report
Market overview
Top-vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
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