Mobile POS market report forecasts high growth by 2022 according to new research report


Posted October 22, 2016 by trentpalmer

According to the mobile POS market report, the global market is set to witness high growth during the forecast period. The report attributes this growth to the rising demand and technological advancements.

 
According to the report, “Mobile POS Market, By Solution Type (Integrated Card Reader Solutions, Card Reader Accessories), Technology (EMV Chip & Pin, Hybrid Technology Solutions, Magnetic Strip, Near Field Communication, Biometrics, Chip & Sign), End-users (Hospitality, Healthcare, Restaurants, Retail, Entertainment, Transportation, Warehouse, Consumer Utility Services, Government), and By Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022”, the market for mobile POS is expected to witness a healthy growth during the forecast period.
The mobile POS market provides the details about the major driving and restraining factors for the global market. It also offers key insights into the market trends, share, segmentation, and revenue forecasts for this market.

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According to the mobile POS market report, the global market is set to witness high growth during the forecast period. The report attributes this growth to the rising demand and technological advancements.

The report emphasizes on the strong demand from the entertainment and retail industries as one of the major driving factors for the global market. Some of the other driving factors for the market include growth in the smartphone accessibility, uplifted digital communication and the strong growth in the number of big retail chains.

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According to the report, the major restraining factors for the market include unskilled professionals and content security concerns.
The mobile POS market report segments the global market by the types of solutions, technologies, end-users, and geographies. The solution types include card reader accessories and integrated card reader solutions.

The technologies include hybrid technology solutions, EMV chip & pin, near field communication, magnetic strip, chip and sign, and biometrics. The major end-user segments of the market include restaurants, hospitality, transportation, healthcare, warehouse, entertainment, government, and consumer utility services.

The major geographic regions include Europe, North America, Latin America, Middle East & Africa, Europe, and Asia-Pacific.

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The mobile POS market report includes the key players in the market. These market players include Dspread Technology Inc., First Data Corporation, Hewlett-Packard Development Company, L.P., iZettle AB, Oracle Corporation, PAX Technologies Limited, Intuit Inc., PayPal Holdings, Inc., Square, Inc., Toshiba Corporation, VeriFone Systems, Inc., and such others.

According to the report, the key players are expected to witness impressive growth opportunities across the emerging markets. It expects North America to dominate the global market based on the overall market share.
The Asia-Pacific region is expected to emerge as the fastest-growing region.

About Scalar Market Research

Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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Tags mobile pos market analysis , mobile pos market report , mobile pos market report forecasts , mobile pos market trend
Last Updated October 22, 2016