The "Mobile POS Device Market Research Report by Technology (Biometrics, Chip & Sign, and EMV Chip and Pin), Terminal, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Mobile POS Device Market size was estimated at USD 41.43 billion in 2021, USD 45.33 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.59% to reach USD 71.78 billion by 2027.
In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.
The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.
It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
The FPNV Positioning Matrix evaluates and categorizes the vendors based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space.
It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
1.3. Years Considered for the Study
5.1.1.1. Wide adoption of wireless payment terminal by retailers
5.1.1.3. Rise in adoption of E-commerce services
5.1.2.1. Security issues associated with the cyber-attacks
5.1.2.2. High Maintenance cost of wireless POS systems
5.1.3.2. Versatility of mobile POS devices
5.1.4.1. Lack of consumer awareness regarding wireless POS technology
5.1.4.2. Risk of physical theft, and water damage
5.3. Cumulative Impact of 2022 Russia Ukraine Conflict
6. Mobile POS Device Market, by Technology
7. Mobile POS Device Market, by Terminal
8. Americas Mobile POS Device Market
9. Asia-Pacific Mobile POS Device Market
10. Europe, Middle East & Africa Mobile POS Device Market
11.3. Market Share Analysis, By Key Player
11.4.3. New Product Launch & Enhancement
For more information about this report visit https://www.researchandmarkets.com/r/1bww0v
View source version on businesswire.com: https://www.businesswire.com/news/home/20220524005844/en/
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