Global mPoS Terminals Strategic Business Report 2023: Expanding Internet Connectivity Facilitates Market Gains

Dublin, March 27, 2023 (GLOBE NEWSWIRE) -- The "mPoS Terminals: Global Strategic Business Report" report has been added to's offering.

The global market for mPoS Terminals estimated at US$24.9 Billion in the year 2022, is projected to reach a revised size of US$72.8 Billion by 2030, growing at a CAGR of 14.3% over the analysis period 2022-2030.

Hardware, one of the segments analyzed in the report, is projected to record 13.9% CAGR and reach US$55.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 15.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.4 Billion, While China is Forecast to Grow at 17.1% CAGR

The mPoS Terminals market in the U.S. is estimated at US$7.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.1 Billion by the year 2030 trailing a CAGR of 17.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.6% and 13.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR.

Select Competitors (Total 61 Featured) -

  • AURES Group
  • BBPOS Limited
  • Bitel Co. Ltd.
  • Fiserv, Inc.
  • HP Development Company, L.P.
  • Ingenico
  • NCR Corporation
  • Newland Payment Technology
  • Oracle Corporation
  • Panasonic Corporation
  • PAX Technology Corporation
  • Posiflex Technology, Inc.
  • QVS Software Inc.
  • Samsung Electronics Co. Ltd.
  • SPECTRA Technologies Holdings Co. Ltd.
  • SZZT Electronics Co.,Ltd.
  • Toast Inc.
  • Touch Dynamic
  • VeriFone, Inc.
  • Zebra Technologies Corporation

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • 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 digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages276
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$24.9 Billion
Forecasted Market Value (USD) by 2030$72.8 Billion
Compound Annual Growth Rate14.4%
Regions CoveredGlobal

Key Topics Covered:




  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Living with COVID-19: The New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • Impact of the COVID-19 Pandemic on mPOS Market
  • What is a POS System?
  • An Introduction to mPOS Terminals
  • Global Market Outlook
  • Retail Industry Leads the Global mPOS Terminals Market
  • Developing Regions to Spearhead Future Gains
  • Competition
  • mPoS Terminals - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Recent Market Activity



  • mPOS Systems Offer Various Benefits, Set to Gain Momentum
  • mPOS Aids in Boosting Business Performance and Customer Experience
  • Growing Shift Towards Contactless Payments Drives Demand for mPOS Terminals
  • Global Contactless Payments Market Size (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
  • COVID-19 Crisis Facilitates Payment Space to Move Away from Cash Payments
  • Transforming Payments Landscape & Rapid Pace of Digitization Presents Opportunity for mPOS Terminals Market
  • Global Digital Transformation Spending (In US$ Billion) for 2017-2023
  • Top Countries in Digital Transactions Worldwide: Volume of Real-time Payment Transactions for 2021
  • Key Benefits of Adopting Digital Transformation
  • mPOS Solutions: A Promising Alternative Payment Method
  • Expanding Internet Connectivity Facilitates Market Gains
  • Percentage Adoption Rate (%) of Internet Users by Region (As of June 2022)
  • Number of Internet Users Worldwide (in Billions) for the Years 2011-2021
  • Ubiquity of Mobile Devices and Rising Use of Smartphones for Payments: Potential for mPOS Terminal Market
  • Adoption Rate of Smartphones as a % of Total Population: 2016-2021
  • Global Shipments of Smartphones (in Million Units) for 2020 through 2025
  • mPOS Value-Added Services (VAS) to Drive Future Gains in mPOS Terminals Market
  • Global Mobile Value Added Services (MVAS) in US$ Million by Region/Country for the Years 2020 and 2027
  • Growing Demand for Mobile Financial Transactions from Varied Industries to Accelerate Growth
  • Increasing Utilization of Mobile Wallets and Rise in NFC Transactions Fuel Market Prospects
  • Common Reasons for Use of Digital Wallets: % Share of Users by Reason Cited
  • Digital Wallet Usage among Adults in Select Countries: % of Respondents Using Digital Wallets Every day for 2022E
  • Rising Threat of Financial Fraud & Strict Regulations for Payment Processing Propel Demand for EMV-Compliant Payment Solutions
  • Financial Losses in the US Due to Internet Crime by Type of Internet-Enabled Crime (2021)
  • Cumulative Global Online Fraud (In US$ Billion) by Region during 2020 to 2024
  • Retail Emerges as the Leading Application Market for mPOS Terminals
  • Application of Digital Solutions Used to Improve In-Store Retail Experience
  • Technological Innovations to Drive Future of mPOS
  • Market Benefits from Growing Opportunities in the Restaurant Industry
  • Growing Use of Mobile POS Solutions for Tableside Ordering and Payments
  • Innovations in Restaurant Technology Spur Development of Next-Generation Restaurant POS Systems
  • How the Food Service, Hotels & Hospitality Industries Are Impacted by the Pandemic & What's the New Normal?
  • Hospitality Sector Turns to mPOS Terminals Improve Customer Experience
  • Travel & Hospitality Industry Confronts Challenges Due to COVID-19 Pandemic
  • Cloud-based mPOS Terminals Poised for High Growth in the Future
  • mPOS Terminals Offer Numerous Benefits to SMEs
  • Security of mPOS Terminals: A Highly Critical Requirement




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Global Market for mPoS Terminals

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