The mobile point of sale (POS) terminal market is anticipated to grow at a CAGR 15.2% during the forecast period. The mobile POS terminals are incorporated mobile equipment such as smartphones and tablets which works as electronic POS terminals and this mobile equipment can be changed into a compensation terminal through the use of dongles. These mobile equipment are equipped with utilities includes Wi-Fi, smart-card, voice over internet protocol and radio frequency identification. Additionally, it is utilized to administer, send and receive invoices, assets, and dispatch digitizes notes. These abilities allow a mobile point of sale terminal to acknowledge payment through wireless applications.
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The retail sector is expected to have the largest segment in the mobile point of sale terminal market during the forecast period. Due to growing demand from a large supermarket, grocery and departmental stores, specialty retail stores and among others is fuel the growth of the market. The utilization of point of sale terminal in the retail sector offers faster services and data regarding past transaction that provide customer loyalty solutions. The retail segment is turning to mobile point of sale solutions that lead to the high volume of checkouts.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global POS Terminal Market – Segmentation
By Type
- Mobile POS
- Fixed POS
By Deployment
- Cloud
- On-Premise
By Application
- Healthcare
- Retail
- Hospitality
- Transportation
- Others (Government, Media & Entertainment)
Global POS Terminal Market –Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global mobile point of sale terminal market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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