Press release
Key Influencer in the mPOS Terminals Market 2025: Surge In Digital Payments Propels Growth Of The mPOS Terminal Market Driver
How Are the key drivers contributing to the expansion of the mpos terminals market?
The anticipated surge in digital payments is slated to propel the mPOS terminal market's expansion. Digital payments involve transactions occurring online or via digital methods, eliminating the need for physical cash. Mobile POS systems, via near-field communication (NFC), facilitate contactless payments by allowing users to simply wave one NFC-compatible device over another and accept payments through digital wallets. As stated in a 2022 World Bank report, a firm based in the U.S. offering financial products and technical assistance, as of 2021, 76 percent of adults worldwide have a bank, another financial institution, or a mobile money provider account. Another 2022 study by McKinsey & Company revealed that not only did digital payment penetration grow to 89 percent in 2022, but the proportion of respondents using at least two forms of digital payments saw an even sharper increase from 51 percent in 2021 to 62 percent. This proliferation of digital payments serves as a driving force for the growth of the mPOS terminal market.
Get Your mPOS Terminals Market Report Here:
https://www.thebusinessresearchcompany.com/report/mpos-terminals-global-market-report
What growth opportunities are expected to drive the mpos terminals market's CAGR through 2034?
The market size of mPOS terminals has experienced a swift expansion in the past few years. The market is projected to expand from a worth of $40.53 billion in 2024 to a value of $47.91 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 18.2%. The remarkable growth during the historic period is due to the advent of smart devices, changes in payment trends, the entrance of new market players, regulatory shifts, and market consolidation.
Anticipated to experience massive expansion in the coming years, the mPOS terminals market is projected to reach a value of $99.73 billion by 2029, with a compound annual growth rate (CAGR) of 20.1%. This surge over the forecast period can be credited to a higher market penetration, increase in digital transactions, incorporation of e-commerce, the rise of remote work and transactions, and shifts in consumer behavior. The forthcoming period is also expected to witness major trends like the implementation of AI and analytics, adoption of mPOS solutions based on the cloud, use of contactless and NFC payments, integration of IoT, and a shift towards software-as-a-service (SaaS) models.
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What are the emerging trends shaping the future of the mpos terminals market?
Advancements in technology are becoming a significant trend in the mPOS terminals market. To remain competitive, key companies in the sector are developing cutting-edge solutions. As an example, the US-based business tools producer, Square, introduced Square for Restaurants mobile POS in May 2022. The distinctive feature of Square is its ability to aid restaurants of various types and sizes, but especially full-service restaurants, in enhancing their profitability and operational efficiency. With Square, restaurant staff can process orders and payments swiftly and conveniently, whether at the tables or in queues. Despite staff shortages, eateries using the Square for Restaurants mobile POS pilot program can still boost their income and serve more customers.
Which growth-oriented segments of the mpos terminals market are leading the industry's development?
The mPOS terminals market covered in this report is segmented -
1) By Component: POS Terminals, POS Software, Services
2) By Solution: Hardware, Software
3) By Deployment: On-Premise, Cloud-Based
4) By Application: Entertainment, Healthcare, Hospitality, Restaurant, Retail, Warehouse, Other Applications
Subsegments:
1) By POS Terminals: Mobile Card Readers, Integrated POS Systems, Tablet-based POS Systems, Contactless Payment Terminals
2) By POS Software: Payment Processing Software, Inventory Management Software, Customer Relationship Management (CRM) Software, Analytics And Reporting Software
3) By Services: Installation And Maintenance Services, Training And Support Services, Consulting Services, Transaction Processing Services
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9259
What regions are leading the charge in the mpos terminals market?
North America was the largest region in the mPOS terminals market in 2024. The regions covered in the mPOS terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the mpos terminals market?
Major companies operating in the mPOS terminals market include Ingenico Group, PAX Global Technology Limited, NCR Corporation, Oracle Corporation, VeriFone Inc., AURES Group, Fiserv Inc., Intuit Inc., New POS Technology Ltd., Newland Auto-ID Tech. Co. Ltd., Panasonic Holdings Corporation, PAR Technology, Posiflex Technology Inc., Square Inc., Zebra Technologies Corp., BBPOS Limited, Bitel Co. Ltd., Diebold Nixdorf Incorporated, Fujian Newland Payment Technology, HP Development Company L.P., Micros Systems Inc., NEC Corporation, SAMSUNG ELECTRONICS, Shenzhen Zhengtong (SZZT) Electronics Co Ltd, Adyen N.V., iZettle AB, PayPal Inc., Sage Pay Limited, SumUp Payments UAB
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9259&type=smp
What Is Covered In The mPOS Terminals Global Market Report?
• Market Size Forecast: Examine the mpos terminals market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the mpos terminals market for a structured understanding.
• Key Players Overview: Analyze major players in the mpos terminals market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the mpos terminals market.
• Segment Contributions: Evaluate how different segments drive overall growth in the mpos terminals market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the mpos terminals market.
• Industry Challenges: Identify potential risks and obstacles affecting the mpos terminals market.
• Competitive Landscape: Review strategic developments in the mpos terminals market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
The anticipated surge in digital payments is slated to propel the mPOS terminal market's expansion. Digital payments involve transactions occurring online or via digital methods, eliminating the need for physical cash. Mobile POS systems, via near-field communication (NFC), facilitate contactless payments by allowing users to simply wave one NFC-compatible device over another and accept payments through digital wallets. As stated in a 2022 World Bank report, a firm based in the U.S. offering financial products and technical assistance, as of 2021, 76 percent of adults worldwide have a bank, another financial institution, or a mobile money provider account. Another 2022 study by McKinsey & Company revealed that not only did digital payment penetration grow to 89 percent in 2022, but the proportion of respondents using at least two forms of digital payments saw an even sharper increase from 51 percent in 2021 to 62 percent. This proliferation of digital payments serves as a driving force for the growth of the mPOS terminal market.
Get Your mPOS Terminals Market Report Here:
https://www.thebusinessresearchcompany.com/report/mpos-terminals-global-market-report
What growth opportunities are expected to drive the mpos terminals market's CAGR through 2034?
The market size of mPOS terminals has experienced a swift expansion in the past few years. The market is projected to expand from a worth of $40.53 billion in 2024 to a value of $47.91 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 18.2%. The remarkable growth during the historic period is due to the advent of smart devices, changes in payment trends, the entrance of new market players, regulatory shifts, and market consolidation.
Anticipated to experience massive expansion in the coming years, the mPOS terminals market is projected to reach a value of $99.73 billion by 2029, with a compound annual growth rate (CAGR) of 20.1%. This surge over the forecast period can be credited to a higher market penetration, increase in digital transactions, incorporation of e-commerce, the rise of remote work and transactions, and shifts in consumer behavior. The forthcoming period is also expected to witness major trends like the implementation of AI and analytics, adoption of mPOS solutions based on the cloud, use of contactless and NFC payments, integration of IoT, and a shift towards software-as-a-service (SaaS) models.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9259&type=smp
What are the emerging trends shaping the future of the mpos terminals market?
Advancements in technology are becoming a significant trend in the mPOS terminals market. To remain competitive, key companies in the sector are developing cutting-edge solutions. As an example, the US-based business tools producer, Square, introduced Square for Restaurants mobile POS in May 2022. The distinctive feature of Square is its ability to aid restaurants of various types and sizes, but especially full-service restaurants, in enhancing their profitability and operational efficiency. With Square, restaurant staff can process orders and payments swiftly and conveniently, whether at the tables or in queues. Despite staff shortages, eateries using the Square for Restaurants mobile POS pilot program can still boost their income and serve more customers.
Which growth-oriented segments of the mpos terminals market are leading the industry's development?
The mPOS terminals market covered in this report is segmented -
1) By Component: POS Terminals, POS Software, Services
2) By Solution: Hardware, Software
3) By Deployment: On-Premise, Cloud-Based
4) By Application: Entertainment, Healthcare, Hospitality, Restaurant, Retail, Warehouse, Other Applications
Subsegments:
1) By POS Terminals: Mobile Card Readers, Integrated POS Systems, Tablet-based POS Systems, Contactless Payment Terminals
2) By POS Software: Payment Processing Software, Inventory Management Software, Customer Relationship Management (CRM) Software, Analytics And Reporting Software
3) By Services: Installation And Maintenance Services, Training And Support Services, Consulting Services, Transaction Processing Services
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9259
What regions are leading the charge in the mpos terminals market?
North America was the largest region in the mPOS terminals market in 2024. The regions covered in the mPOS terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the mpos terminals market?
Major companies operating in the mPOS terminals market include Ingenico Group, PAX Global Technology Limited, NCR Corporation, Oracle Corporation, VeriFone Inc., AURES Group, Fiserv Inc., Intuit Inc., New POS Technology Ltd., Newland Auto-ID Tech. Co. Ltd., Panasonic Holdings Corporation, PAR Technology, Posiflex Technology Inc., Square Inc., Zebra Technologies Corp., BBPOS Limited, Bitel Co. Ltd., Diebold Nixdorf Incorporated, Fujian Newland Payment Technology, HP Development Company L.P., Micros Systems Inc., NEC Corporation, SAMSUNG ELECTRONICS, Shenzhen Zhengtong (SZZT) Electronics Co Ltd, Adyen N.V., iZettle AB, PayPal Inc., Sage Pay Limited, SumUp Payments UAB
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9259&type=smp
What Is Covered In The mPOS Terminals Global Market Report?
• Market Size Forecast: Examine the mpos terminals market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the mpos terminals market for a structured understanding.
• Key Players Overview: Analyze major players in the mpos terminals market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the mpos terminals market.
• Segment Contributions: Evaluate how different segments drive overall growth in the mpos terminals market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the mpos terminals market.
• Industry Challenges: Identify potential risks and obstacles affecting the mpos terminals market.
• Competitive Landscape: Review strategic developments in the mpos terminals market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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