The global mobile card reader market is estimated to grow at a CAGR of over 13% during the forecast period. A mobile card reader is a data input device that reads data from a card-shaped storage medium. These electronic devices read plastic cards embedded with either a barcode, magnetic strip, computer chip or another storage medium.



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Owing to the increased adoption of cashless payment methods and digitalization, the market size is expected to expand during the forecast period. Increased numbers of peoples are gaining confidence in making digital payments owing to the increase in the awareness about its safety and security. Additionally, the convenience in making an online payment is aiding mobile card readers in gaining popularity. These provide better and secured payment options over conventional cash transactions; thus, these factors are projected to boost the mobile card reader market during the forecast period.



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Global Mobile Card Reader Market Segmentation

By Technology

Chip and PIN

Magnetic stripe

Near Field Communication (NFC)

By Application

Entertainment

Retail

Healthcare

Hospitality

Others

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Clover Network, Inc.

Electronic Merchant Systems

Ezetap Mobile Solutions Pvt. Ltd.

First Data Corp.

Fidelity National Information Services, Inc

ingenico Group

mSwipe

PayAnywhere

PaypalHoldings Inc.

Square Inc.

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