MPOS Terminals Market Size, Share, and Growth Analysis

Global mPOS Terminals Market

MPOS Terminals Market By Component (POS Terminals, POS Software), By Solution (Hardware, Software), By Deployment (On-Premise, Cloud-Based), By Application (Entertainment, Healthcare), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45J2288 | Region: Global | Published Date: March, 2025
Pages: 195 |Tables: 90 |Figures: 71

Format - word format excel data power point presentation

MPOS Terminals Market Insights

MPOS Terminals Market size was valued at USD 40.2 billion in 2023 and is poised to grow from USD 44.5 billion in 2024 to USD 100.36 billion by 2032, growing at a CAGR of 10.7% during the forecast period (2025-2032).

The global mPOS (Mobile Point-of-Sale) terminals market growth has been driven in recent years due to increased deployments in large retailers in different store formats across regional markets. The intersection of mobile and internet payment channels during a period of robust growth in the smartphone and mobile app market is turning out to be one of the drivers for the use of mPOS terminals.

The primary growth driver for the market is the increasing concern of businesses to improve customer experience. Mobile POS is utilized as a result of queues in stores and malls that tend to waste time for consumers. Consumers, however, can process the sale directly from the retail floor in a store, paying electronically without having to spend much time waiting in queues. Such solutions increase customer satisfaction, which reinforces brand loyalty and trust, thereby companies are leaving traditional systems in favor of smartphone and tablet POS increasingly.

Emerging demand for mPOS terminals in various sectors is one of the major forces driving the total market. The low cost of rolling out mPOS within the store and security and ease of use has encouraged small and mid-size companies (SMBs) to adopt the solution for their stores. While SMBs are struggling to deal with the impact of business disruption and lost business, demand for mPOS will increase as increasing numbers of consumers use digital payments to shop remotely. Further, lower Total Cost of Ownership (TCO) and improved investment returns delivered by mPOS terminals have also raised the demand for them among SMBs.

Moreover, the new emerging market players are introducing fresh strategic moves and alliances among others riding on the growth of the market. Such strategies are mobile discounts, loyalty programs, gift cards, vouchers, and cash-back offers among others. Important trends such as increased technological advancements such as cloud-based mPOS support the growth of the market. Thus, emerging market players and technological trends provide lucrative chances for market growth.

Key Market Attributes

VeriFone unveiled a state-of-the-art, all-in-one mPOS terminal with improved security features in May 2024 with the motive of offering firms a secure and simple way to accept payments. For safe transactions, the latest device includes stronger encryption, tokenization, and fraud protection. Verifone entirely focused on the improvements to the products, increased connectivity, plug-and-play integration ease, and simple user interface. The company has ambitions to raise its market position and drive adoption of mobile point-of-sale (mPOS) technology across verticals by delivering solutions that meet the evolving needs of today's consumers and businesses.

Ingenico, in March 2022, also partnered with BharatPe, the largest fintech player in India, apart from the commerce and payment solutions for Indian merchants. This collaboration will drive the adoption of point-of-sale (POS) solutions on the path of delivering innovative and frictionless payment solutions specifically designed for Indian merchants. The tie-up has been able to leverage BharatPe's extensive merchant network and Ingenico's know-how in secure POS platforms to make financial services, online payment infrastructure, and analytics centers more accessible to business establishments. This consolidation further deepened financial penetration in the entire retail sector while also nudging India to advance on the less-cash, analytics-based, and digital economy.

In the U.S., U.K., and E.U., Adyen introduced mobile Android Point-of-Sale (POS) terminals in January 2022, giving businesses a convenient, single-device payment system. The device allows merchants to accept various payment methods, including mobile wallets, contactless, and chip-and-pin. Businesses can also publish, and update required apps such as stock management, customer engagement tools, and loyalty programs due to the built-in app management system. Adyen's Android POS terminals make business easier, improve customer satisfaction, and address the growing demand for smart, connected commerce solutions in most places by providing a scalable, integrated, and easy-to-use payment solution.

Market snapshot - 2025-2032

Global Market Size

USD 40.2 billion

Largest Segment

Hardware

Fastest Growth

Software

Growth Rate

10.7% CAGR

Global mPOS Terminals Market ($ Bn)
Country Share for Asia-Pacific (%)

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MPOS Terminals Market Segments Analysis

Global MPOS Terminals Market is segmented by Component, Solution, Deployment, Application and region. Based on Component, the market is segmented into POS Terminals, POS Software and Services. Based on Solution, the market is segmented into Hardware and Software. Based on Deployment, the market is segmented into On-Premise and Cloud-Based. Based on Application, the market is segmented into Entertainment, Healthcare, Hospitality, Restaurant, Retail, Warehouse and Other Applications. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Analysis By Component

As per the 2024 global mPOS terminals market analysis, with a CAGR of 9.6%, the hardware segment dominated the market. The demand for enhancing customer convenience and reducing checkout time across various industries like retail, hospitality, and healthcare is fueling the rising requirement for portable payment devices. Major mPOS terminal hardware manufacturers such as VeriFone and Ingenico offer varied products such as mobile computers, tablets, and handheld terminals. These are advanced with the latest technologies such as contactless payment, NFC, and application-based capabilities and have the capability to operate in untethered modes. The global adoption of hardware-based mPOS solutions is also fueled by the growing drift towards cashless transactions.

The software component is predicted to expand significantly due to its use in operating the functions necessary like inventory, billing, and gathering customer information for managing a retail store, restaurant, or healthcare industry. For example, QVS Software, mPOS terminal software maker is in the business of developing software, applications, and storage devices that offer features like handling customer information, file control, reporting functionalities, and updating sales transactions. Providers also provide analytics options that detect usage of file I/O, response times for PLU, network usage, load balancing, and system bottlenecks for enhancing system performance. In addition, the solution offers a safe payment environment with PCI compliance to enable encrypted payments like chip cards and NFC payments like Apple Pay.

Analysis By Type

Based on the 2024 global mPOS terminals market forecast, the mobiles segment led the market, growing at a CAGR of 10.4%. This segment relies on stronger security features that immensely lower the chances of fraud and data breaches. Moreover, mobile mPOS solutions combine multiple payment channels into a single application, supporting Europay, Mastercard, and Visa (EMV) cards, Unified Payments Interface (UPI), digital wallets, QR codes, and contactless payments. The convenience, flexibility, and speed of mobile mPOS terminals are driving their adoption across industries such as financial services, hospitality, and retail, also driving further market expansion and innovation in secure digital payments.

The tablets segment is expected to record high growth with a CAGR over the forecast period. This is due to the increased integration within systems so that tablet POS solutions can now provide accounting analytics, sales monitoring, and CRM functionality. With greater transparency, flexibility, and convenience to users, tablets have become the best option for commercial operations seeking to implement advanced mobile POS solutions. Tablets' capability streamlines functions while enhancing firm knowledge and reports provide lucrative methods for market expansion. Therefore, tablet-based POS systems are predicted to experience significant growth in the global mPOS terminal market during the next couple of years.

Global mPOS Terminals Market By Component

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MPOS Terminals Market Regional Insights

The Asia-Pacific mPOS terminals market accounted for nearly 30% of the share in terms of revenue in the year 2024. In the APAC market, there is growing demand for mPOS terminals driven by the widespread use of electronic payments, with particular emphasis on rapidly developing markets such as India, China, and Southeast Asia. These countries are fast embracing contactless payments and mobile wallets based on strong network back-up in mobile handsets and hyper-high smartphone adoption growth rates. APAC governments are pushing cashless payment actively with regulation frameworks and guidelines, facilitating wider acceptance of mPOS terminals among micro-merchants and small and medium businesses (SME).

The Indian mPOS terminals market is predicted to grow substantially with the fast growth in smartphone and tablet adoption in the country. It has been fueled by the growing popularity of low-cost mobile phones and increasing internet penetration. The adoption of mPOS is also being aided by government initiatives in India like Digital India and efforts towards cashless transactions. India stands as one of the primary growth drivers of mPOS adoption in Asia-Pacific following investments by retail, hotel, and e-commerce companies in mobile point-of-sale (mPOS) infrastructure to enhance consumer convenience and operational efficiency because of the growing demand for digital payments.

North America will lead the market because of growing demand from the retail and restaurant sectors in the region. As per NPD Group, Inc.; the number of restaurants in the U.S. covering both QSRs and casual, and fine dining restaurants totaled 647,288 during fall 2017. Most of the retail and restaurants in the U.S. are involved in accepting digital payments and are moving towards mPOS terminals for easy and secure payment. The U.S.-based Lilly Pulitzer fashion chain noted higher sales when it introduced an mPOS terminal for its "The Pink stores". The major retailers are adopting mPOS slowly along with their current fixed POS terminal, while the SMBs will be predicted to use solely mPOS within their stores.

As a result of the widespread adoption of contactless payments, NFC technology, and EMV card transactions, Europe is expected to lead the mPOS terminals market. The position of the region's market has been strengthened by the high demand for cashless payments among consumers and the strict regulatory environments that facilitate secure and convenient digital payments. Major mPOS solution providers such as VeriFone, Ingenico, and Adyen are also available, which is driving industry growth and innovation. Market leadership in Europe is anticipated to be maintained by rising demand for sophisticated payment solutions in retail, hotel, and transportation channels and rising use of omnichannel shopping.

With higher penetration of smartphones, more efforts toward financial inclusion, and rising demand for mobile payments, Latin America is predicted to lead the mPOS terminal market. Government efforts at going cashless and boosting e-commerce industries are driving the quick adoption of mobile point-of-sale (POS) systems in Brazil, Mexico, and Argentina. In addition, small and medium-sized enterprises (SMEs) are able to implement high-end payment technology with the emergence of cost-effective mPOS solutions by fintech players and traditional financial institutions. In the next couple of years, it is anticipated that growing adoption of contactless payments, adoption of digital wallets, and the strengthening of security measures will propel the growth of the mPOS market in Latin America.

Global mPOS Terminals Market By Geography
  • Largest
  • Fastest

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MPOS Terminals Market Dynamics

MPOS Terminals Market Drivers

Rise in the Utilization of Cashless Payments

  • The adoption of mPOS terminals is being driven by the reduction in cash-based transactions worldwide and the growing shift towards electronic payments. To improve the customer experience, businesses look for payment options that are convenient, secure, and faster. Additionally, authorities across the world are encouraging cashless economies, and this is accelerating the usage of mobile point-of-sale (POS) devices in industries like retail, hospitality, and transport.

Emerging Market and Growing SME Demand

  • This is affordable, easy to use, and scalable; hence, SMEs from emerging markets adopt mPOS terminals. It is the easiest way to make inexpensive online transactions, alleviating the average dependence on traditional hardware supported by POS. This has also supported continuing exceptional market performance on speed and market expansion as well as current adoption of mPOS terminals in developing countries attributed to the increasing number of smartphone users, internet connectivity, and fintech services.

MPOS Terminals Market Restraints

Data Security and Privacy Concerns

  • The mPOS gadgets are in danger of fraud, theft of data, and cyber security issues, even though there are advances in encryption and tokenization. Enterprises and other businesses, as well as consumers, create suspense concerning hacking activities that may enter their personal financial data. Constant security updates, compliance with regulations (e.g., PCI-DSS), and strong customer authentication have made mPOS usage hesitant due to sensitive data being available in these industries.

High Upfront Cost and Regular Maintenance

  • Eventually, mPOS systems will provide savings, but they might initially prove too expensive for small businesses because of equipment installation, software integration, and hardware costs. Costs are also additionally driven by the requirement for constant software updates, maintenance fees, and compliance expenses. Interoperability with older payment platforms may necessitate additional spending on adoption among low-cap companies.

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MPOS Terminals Market Competitive Landscape

To enhance their market share and technological strengths, firms in the global mPOS terminals market are increasingly engaging in strategic collaborations, mergers, and acquisitions. These collaborations help companies to merge advanced payment platforms, enhance security measures, and enhance product portfolios. The market will witness heightened consolidation as rivalry intensifies with leading players acquiring small and medium-sized companies as well as fintech players in order to increase their global scale and innovation potential.

Top Player’s Company Profile

  • Square, Inc. (USA)
  • PAX Technology Limited (China) 
  • First Data Corporation (USA) 
  • BBPOS (Hong Kong) 
  • PayPal Holdings, Inc. (USA) 
  • Intuit Inc. (USA) 
  • NCR Corporation (USA) 
  • Hewlett-Packard Development Company, L.P. (USA) 
  • Samsung Electronics Co., Ltd. (South Korea) 
  • Panasonic Corporation (Japan) 
  • Toshiba Corporation (Japan) 
  • NEC Corporation (Japan) 
  • SZZT Electronics Co., Ltd. (China) 
  • Newland Payment Technology (China) 
  • Posiflex Technology, Inc. (Taiwan) 
  • Dspread Technology, Inc. (China) 
  • SPECTRA Technologies Holdings Co., Ltd. (Hong Kong)

Recent Developments

  • In April 2023, a payments technology company worldwide and a mobile point-of-sale leader, Miura Systems, revealed the introduction of its new Miura Android Smart POS payment terminal (MASP). Miura Android Smart POS payment terminal ideally complements mobile payments and value-added integrations without complexity or registered expertise, opening the door for dealers to achieve more value meaningfully in terms of lower deployment, faster time-to-market, and maintenance costs, and real-time transactional data access for healthier business intelligence and policymaking.
  • In April 2023, The US Payments Forum published two new white papers related to the Point of Sale (POS). The first paper is intended to inform industry shareholders about how mPOS, TapToMobile, and traditional POS solutions vary from one another. The second paper provides best practices for user acceptance testing (UAT) to reduce production and acceptance problems following Point of Sales Solutions implementation.
  • In January 2023, IPCMobile launched a mobile point-of-sale (POS) platform that includes hardware, software, and pricing options from a single source. The new QuantumPay simplifies and accelerates the implementation of mobile payment solutions with the option to enable customers to bring their own processors.

MPOS Terminals Key Market Trends

MPOS Terminals Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the global mPOS terminals market outlook is changing rapidly due to increasing use of digital payments, higher smartphone penetration, and need for mobile-based transaction solutions. In a bid to increase customer convenience and operational efficiency, retail, hospitality, health, and banking companies are implementing mPOS technology. Large corporates are highlighting strategic alliances, mergers and acquisitions, and new product developments for enhancing their market position. Though there are such challenges as security concerns and extensive initial costs, the industry continues to expand owing to the integration of NFC advancements, AI-empowered analysis, and payment solutions based in the cloud. With ongoing technological innovations and regulatory encouragement, the world mPOS market is projected to continue growing across the world.

Report Metric Details
Market size value in 2023 USD 40.2 billion
Market size value in 2032 USD 100.36 billion
Growth Rate 10.7%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Component
    • POS Terminals (Mobile Card Readers
    • Integrated POS Systems
    • Tablet-based POS Systems
    • Contactless Payment Terminals)
    • POS Software (Payment Processing Software
    • Inventory Management Software
    • Customer Relationship Management (CRM) Software
    • Analytics and Reporting Software)
    • Services (Installation and Maintenance Services
    • Training and Support Services
    • Consulting Services
    • Transaction Processing Services)
  • Solution
    • Hardware
    • Software
  • Deployment
    • On-Premise
    • Cloud-Based
  • Application
    • Entertainment
    • Healthcare
    • Hospitality
    • Restaurant
    • Retail
    • Warehouse
    • Other Applications
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Square, Inc. (USA)
  • PAX Technology Limited (China) 
  • First Data Corporation (USA) 
  • BBPOS (Hong Kong) 
  • PayPal Holdings, Inc. (USA) 
  • Intuit Inc. (USA) 
  • NCR Corporation (USA) 
  • Hewlett-Packard Development Company, L.P. (USA) 
  • Samsung Electronics Co., Ltd. (South Korea) 
  • Panasonic Corporation (Japan) 
  • Toshiba Corporation (Japan) 
  • NEC Corporation (Japan) 
  • SZZT Electronics Co., Ltd. (China) 
  • Newland Payment Technology (China) 
  • Posiflex Technology, Inc. (Taiwan) 
  • Dspread Technology, Inc. (China) 
  • SPECTRA Technologies Holdings Co., Ltd. (Hong Kong)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on MPOS Terminals Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on MPOS Terminals Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the MPOS Terminals Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the MPOS Terminals Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the MPOS Terminals Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the MPOS Terminals Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global mPOS Terminals Market size was valued at USD 40.2 Billion in 2023 and is poised to grow from USD 43.82 Billion in 2024 to USD 87.31 Billion by 2032, growing at a CAGR of 9% in the forecast period (2025-2032).

To enhance their market share and technological strengths, firms in the global mPOS terminals market are increasingly engaging in strategic collaborations, mergers, and acquisitions. These collaborations help companies to merge advanced payment platforms, enhance security measures, and enhance product portfolios. The market will witness heightened consolidation as rivalry intensifies with leading players acquiring small and medium-sized companies as well as fintech players in order to increase their global scale and innovation potential. 'VeriFone Systems Inc.', 'Ingenico Group (Worldline)', 'Square Inc. (Block, Inc.)', 'PayPal Holdings Inc.', 'Adyen N.V.', 'Samsung Electronics Co., Ltd.', 'FIS (Fidelity National Information Services, Inc.)', 'Fiserv, Inc.', 'PAX Technology Limited', 'Newland Payment Technology', 'BBPOS Limited', 'SumUp Inc.', 'Toast, Inc.', 'Clover Network, Inc. (A Fiserv Company)', 'Zettle by PayPal'

The adoption of mPOS terminals is being driven by the reduction in cash-based transactions worldwide and the growing shift towards electronic payments. To improve the customer experience, businesses look for payment options that are convenient, secure, and faster. Additionally, authorities across the world are encouraging cashless economies, and this is accelerating the usage of mobile point-of-sale (POS) devices in industries like retail, hospitality, and transport.

Increasing Application of AI and Advanced Analytics: Machine learning algorithms and AI-enabled analytics are being utilized for mPOS terminals in organizations to examine customer behaviors, sales patterns, and stock movements instantaneously. By including AI-based features like automated fraud control, predictive analysis, or marketing suggestions, both productivity and efficiency are enhanced in most businesses. Integration of big data dans through analytics is also making things easy for organizations when it comes to data-driven business decisions, improving customer engagement, and operational efficiencies.

The Asia-Pacific mPOS terminals market accounted for nearly 30% of the share in terms of revenue in the year 2024. In the APAC market, there is growing demand for mPOS terminals driven by the widespread use of electronic payments, with particular emphasis on rapidly developing markets such as India, China, and Southeast Asia. These countries are fast embracing contactless payments and mobile wallets based on strong network back-up in mobile handsets and hyper-high smartphone adoption growth rates. APAC governments are pushing cashless payment actively with regulation frameworks and guidelines, facilitating wider acceptance of mPOS terminals among micro-merchants and small and medium businesses (SME).

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Global mPOS Terminals Market
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