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NEW YORK , June 7, 2022 /PRNewswire/ -- The mPoS Terminals Market report by Technavio forecasts a USD 7.52 billion growth in the market size from 2021 to 2026. The ease of implementation is notably driving the mPoS terminal market growth. The market is expected to register a YOY growth of 18.56% in 2022.
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The report offers an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches, and the market behavior across segments such as end-user (Retail and Hospitality) and geography (APAC, North America , Europe , South America , and Middle East and Africa ). This report helps businesses create strategies to make the most of future growth opportunities.
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The ease of deployment is one of the primary elements driving growth in the mPoS terminals industry. The mPoS terminal is simple to use, as long as the vendor follows the terminal's operating instructions. The typical point-of-sale attracts long lines of customers and necessitates set checkout prices. By allowing the merchant to accept payments from any place, mPoS allows for more flexibility in the store or restaurant layout. Economies show a large number of small businesses that are willing to accept credit card payments in order to expand their businesses.
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mPoS Terminals Market Segmentation Analysis
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mPoS Terminals Market Major Vendors
The market is fragmented due to the presence of several vendors. The report offers detailed information on the competencies, capacities, and products offered by major vendors including:
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Accelerate at a CAGR of 20.07%
APAC, North America, Europe, South America, and Middle East and Africa
US, China, India, Japan, and Germany
Leading companies, Competitive strategies, Consumer engagement scope
AURES Technologies SA, Castles Technology Co. Ltd., Fiserv Inc., Francisco Partners Management L.P., Hewlett Packard Enterprise Co., NCR Corp., New POS Technology Ltd., Newland Digital Technology Co. Ltd., Oracle Corp., Panasonic Corp., PAX Global Technology Ltd., PayPal Holdings Inc., Posiflex Technology Inc., QVS Software Inc., Revel Systems Inc., Samsung Electronics Co. Ltd., SPECTRA Technologies Holdings Co. Ltd., SZZT Electronics Shenzhen Co. Ltd., Worldline SA, and Zebra Technologies Corp.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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