Analysts forecast the global POS mobile card reader market to grow at a CAGR of 44.85% during the period 2018-2022. Key players in the global POS mobile card reader market incude Ingenico, PayPal, Square, and Verifone.
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New report POS Mobile Card Reader market added by Research Trades offers an in-depth analysis of the POS Mobile Card Reader market. One trend in the POS mobile card reader market is incorporation of artificial intelligence.
Digital and mobile payments are increasingly gaining traction in the supply chain of consumer goods and services. A whole new world of possibilities opens up when personalized connections between customer and merchant are made available through mobile technologies and artificial intelligence (Al).
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Other Prominent Vendors in the market are: Clover Network, Electronic Merchant Systems, Etsy, eWay, Ezetap, First Data Merchant Solutions, Intuit, iZettle, JUSP, LifePay, mSwipe, Miura Systems, PayAnywhere, Shopify, SumUp, and Tappr.
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According to the POS mobile card reader market report, one driver in the market is lower costs of mobile card reader devices when compared with conventional card machines. One of the primary drivers for the growing adoption of PoS mobile card readers is the low cost of the device in comparison to conventional card readers.
For instance, an Ethernet credit card reader would cost $299; however, a PoS mobile card reader would, on an average, cost just $38.36. The comparatively lower cost of the device is what makes PoS mobile card readers a preferred option for small and medium enterprise (SME) businesses.
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Point-of-sale (PoS) systems are devices that ensure cashless transaction of goods and merchandise. These systems are used extensively by the retail and hospitality sectors, and MSMEs, to make transactions simpler and easier.
The use of these systems enhances the overall shopping experience by reducing the payment processing time and providing vital information about the consumers' buying behavior to the companies that use such systems. They can also help retailers and MSMEs to manage information about their inventories, customers, and cash flow.
Table of Contents
PART 01: Executive Summary
PART 02: Scope of The Report
PART 03: Research Methodology
PART 04: Market Terminologies
PART 05: Introduction
PART 06: Market Landscape
Market Segmentation Analysis
PART 07: Market Sizing
Market Sizing 2017
Market Size and Forecast 2017-2022
PART 08: Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitutes
Threat of Rivalry
PART 09: Market Segmentation by Technology
Segmentation by Technology
Comparison by Technology
Contactless Or Nfc Technology
PART 10: Market Segmentation by Product
Segmentation by Product
Comparison by Product
Emv - Market Size and Forecast 2017-2022
Non-Emv - Market Size and Forecast 2017-2022
Market Opportunity by Product
PART 11: Market Segmentation by Revenue Source
Segmentation by Revenue Source
Comparison by Revenue Source
Service Cost - Market Size and Forecast 2017-2022
Hardware - Market Size and Forecast 2017-2022
Market Opportunity by Revenue Source
PART 12: Customer Landscape
PART 13: Market Segmentation by End-User
Segmentation by End-User
Comparison by End-User
Large Enterprises - Market Size and Forecast 2017-2022
Msmes - Market Size and Forecast 2017-2022
Market Opportunity by End-User
PART 14: Regional Landscape
Americas - Market Size and Forecast 2017-2022
Emea - Market Size and Forecast 2017-2022
Apac - Market Size and Forecast 2017-2022
Key Leading Countries
PART 15: Decision Framework
PART 16: Drivers and Challenges
PART 17: Market Trends
Incorporation of Artificial Intelligence
Increased Adoption of Contactless Payments
Value-Added Benefits in Pos Mobile Card Readers
PART 18: Vendor Landscape
Other Prominent Vendors
PART 19: Vendor Analysis
Market Positioning of Vendors
PART 20: Appendix
List of Abbreviations