The report titled MPOS Hardware Market Size has been recently added by Absolute Markets Insights which provide readers with a stronger and effective business outlook. The data also presents penetrative insights into several industry attributes such as trends, policies, and clients operating in widespread industrial regions. The qualitative and quantitative analysis techniques have also been used by analysts to provide an accurate overview of global business owners and industry trends. Among other salient features of the report, the study also incorporates client’s demands as well as insinuates future progress of the market across global regions.

The analysts have distributed the global MPOS Hardware Market Size into several regions such as North America, Latin America, Asia-Pacific, Africa, and India for a detailed market study. The financial aspects of the business are also meticulously studied referring to several attributes such as price, profit margins and sales by regions during the forecast period (2021-2030).

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Mobile POS (mPOS) is a device which can be linked to a smartphone or tablet and enables the user to accept a card or mobile contactless payment. Mobile point-of-sale is changing the retail industry by delivering results that other technologies have failed to deliver. The mobile POS terminals market has gained momentum over the previous years due to rapid and increasing deployments in large retail chains, across a wide number of regional marketplaces. Ease of use and better-quality return on investment (ROI) offered by these systems has positively impacted the mPOS terminals market. The global MPOS Hardware Market Size was valued at US$ 4173.5 Mn in 2020 and is expected to reach US$ 11579.5 Mn by 2030.

The advent of affordable wireless communication technologies has increased consumer acceptance for advanced mPOS terminals. Small businesses are the main factors driving the economic growth in U.S. Firms in the SMB class are typically defined as having less than 500 employees. According to the U.S. Small Business Administration’s (SBA) Small Business Profile, 2016, there are 28.8 million SMBs in the United States. That represents 99.7% of all U.S. businesses. At least 10 million are customer-oriented businesses such as retail, restaurants, leisure, and professional services, which typically need a way to accept and process payment card transactions.

Top Key Players includes in this report: First Data Corporation, HP Development Company, L.P., Ingenico Group, NEC Corporation, Oracle, Panasonic Corporation, Posiflex technology, Inc., QVS Software, Inc., Samsung, Spectra Technologies Holdings Co. Ltd., Toshiba Corporation, Verifone, ZIH Corp., Bixolon, PAYPAL, Square, Inc., DSPREAD Technology 13.18. Intuit Inc., BBPOS Limited, amongst other.

Segmentation of MPOS Hardware Market Size:

By Solution

Hardware
Handheld terminal
Tablet
Software
By Deployment

On-premise
Cloud-based
By Application

Entertainment
Healthcare
Hospitality
Restaurant
Retail
Convenience stores
Department stores
Supermarket/Hypermarket
Discount stores
Specialty stores
Other stores
Warehouse
Others
By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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