Major mobile POS terminals market players include AURES Technologies SA, BBPOS Limited, Bitel Co., Diebold Nixdorf, Incorporated, Fujian Newland Payment Technology, Ingenico Group, Micros Systems, NCR Corporation, New POS Technology Limited, Panasonic, PAR Technology Corporation, PAX Technology, Posiflex Technology, Shenzhen Xinguodu Technology, SZZT Electronics, Square, Touch Dynamic, VeriFone Holdings, First Data Corporation, Oracle, Zebra Technologies, and Posiflex Technology.
Pune, India, Feb. 22, 2022 (GLOBE NEWSWIRE) --
The global mPOS terminals market size is projected to rise exponentially during the forecast period, propelled by rising demand for digital payment solutions. Many countries in the developed regions are deploying advanced systems to enable customers to make online payments. The growing smartphone penetration has played an important role in increasing the number of cashless transactions. Below is a detailed list of the region-wise trends that may positively impact the industry forecast:
North America (regional valuation may cross $20 billion):
Demand for handheld mPOS terminals grows:
Handheld mPOS terminals are expected to hold a significant share of the North America industry by 2027 due to the introduction of advanced software that facilitate quick and reliable payment transactions. Several organizations are planning to extend their product & service portfolios by launching the latest versions of their devices with enhanced operational capabilities.
In January 2022, Ayden N.V. unveiled an all-in-one mobile POS terminal containing the Android OS in the U.K., the U.S., and the E.U. One of the main advantages of using this device is that it does not need barcodes or separate cash registers to conduct financial transactions, which can increase the efficiency of a company. These initiatives will propel the use of handheld mPOS machines.
Access sample pages of the report, “North America mPOS Terminals Market Forecasts 2027” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/2065/sample
Cloud-based mPOS terminals gain traction:
The regional market size from cloud-based mPOS terminals will showcase an appreciable CAGR through 2027. Cloud mPOS terminals can create a safe, seamless, and secure access to tons of digital data records, which can greatly improve a customer’s experience.
Many businesses are adopting cloud mPOS terminals to help them keep a safe and accurate track of all their data files and elevate their customer’s experience by offering seamless online payment platforms, which will augment the deployment of this technology.
Restaurants may increase the use of mPOS terminals:
The restaurant application will observe a steady CAGR in the North America mPOS terminals market through 2027. A growing number of restaurant owners are using POS devices that have innovative technologies; these systems can play a key role in enhancing the productivity of restaurants and help them efficiently manage their time. With the help of smart POS devices, restaurants can track the number of orders, time taken to fulfill these orders, and the total number of transactions carried out through the day.
Asia Pacific (regional valuation likely to surpass $25 billion):
The retail sector witnesses promising growth:
The region’s retail sector is growing at a strong rate due to the rising urbanization. This has positively impacted the demand for mobile POS systems with advanced technologies. It can also have a positive influence on their customers’ shopping experience as these systems offer a quick checkout and a safe gateway for all online transactions.
Access sample pages of the report, “Asia Pacific mPOS Terminals Market Forecasts 2027” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/2068/sample
Consumer electronic device sales shoot up:
The internet penetration has increased by many folds across the Asia Pacific mPOS terminals market in recent years. The number of people using online payment platforms to pay for their purchases has also tremendously grown. The high demand for an easier access to these platforms has also positively affected the sale of consumer electronic devices.
The mPOS software is being optimized for all devices to enable smoother payment transactions. Moreover, the main advantage of installing this software is that it works offline too, which makes it much easier for retailers to continue with their daily activities even if they don’t have a stable internet connection.
Europe (regional valuation likely to exceed $15 billion):
Hospitality sector to heavily use mPOS terminals:
The Europe mPOS terminals market size from the hospitality sector is set to witness a strong CAGR through 2027. One of the major reasons behind this is the initiatives taken by reputed organizations to offer reliable payment options to customers at restaurants. They are entering into various strategic partnerships and agreements to combine advanced technologies with the mPOS terminals and help hoteliers and other staff members give a unique and pleasant experience to their clients. Moreover, with the help of these technologies, it is easier to pay online due to the availability of handheld systems and a seamless checkout process, which will boost the use of mPOS terminals in the sector.
Access sample pages of the report, “Europe mPOS Terminals Market Forecasts 2027” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/2066/sample
Mobile applications gain momentum among end-users:
Mobile applications are commonly found in every person’s smartphone due to the convenience they offer while carrying out any activity. Online shopping has become much easier as several companies are introducing small window-sized versions of their massive physical stores.
This scenario has notably increased the demand for mPOS terminals that are compatible with various mobile payment applications like ApplePay and Google Pay. Linking mobile apps with mPOS terminals not only fastens the entire payment process, but also reduces the burden of managing paper currencies, thereby increasing the demand for mPOS terminals.
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
Over 40% of European cars use diesel fuel, but interrupted trade flows with Russia are sending prices soaring and governments scrambling for alternatives.
High gasoline prices are already impacting demand, according to one energy expert.
Is the tech sector oversold? Wedbush’s Daniel Ives believes so, claiming it is more so than at any other point during the past 5 years. However, change is in the air, and surveying the current landscape, the 5-star analyst believes there are plenty of opportunities on offer for investors right now. One, though, stands out the most. “Since the Fed decision last week we have seen a clear ‘risk on’ mentality starting to take shape as the Street picks up high quality tech stocks at what we would cha
It's the third of such modernization orders in recent years from Norfolk Southern for Wabtec, which will see Wabtec modernize an additional 330 Norfolk Southern locomotives in the next few years.
The initial impact of the European Union's sanctions against Moscow following its invasion of Ukraine has led to a greater drop in trade between Finland and Russia than when the Soviet Union collapsed in 1991, Finland's Customs said on Wednesday. Finnish Customs recorded a roughly 60% drop in both imports from Russia and exports from Finland to Russia in the last two weeks compared with the previous two weeks before the EU began to impose sanctions, Director of Statistics at Finnish Customs Olli-Pekka Penttila told Reuters.
Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss quarterly earnings for Adobe, General Mills, and Poshmark.
The US and China may soon be locked in a recruitment battle for Taiwanese semiconductor talent as the two superpowers accelerate plans to ramp up domestic chip capacity, according to analysts and industry insiders. For China, the shortage of experienced talent is a major impediment to its goal of achieving self-sufficiency in semiconductors. A semi-official report published last November predicted that China would see a shortfall of 200,000 semiconductor experts by 2023, equal to about one in fo
A new nuclear deal with Iran appears imminent and with it a 5-10 percent immediate drop in oil prices
Yahoo Finance's Dan Howley joins the Live show to discuss the concerns sorrounding the leaking of Nvidia's code signing certificates by Lapsus$.
Microsoft confirmed that it has become the latest victim of the data extortion group Lapsus$, which claimed it had obtained source code for the Bing search engine and Cortana voice assistant. Lapsus$, which Microsoft tracks as DEV-0537, posted a partial file that the group said contained partial source code for Bing and Cortana. The group claimed on its Telegram channel that it had breached Microsoft and Okta and employee accounts of LG Electronics.
SAN FRANCISCO/SEOUL (Reuters) -LG Energy Solution (LGES), a supplier for electric car makers Tesla and Lucid, said on Thursday in Korea it plans to invest 1.7 trillion Korean won ($1.4 billion) to build a battery factory in Arizona by 2024 to meet demand from "prominent startups" and other North American customers. This will be its first U.S. factory to make cylindrical cells, a type of battery that has been used in Tesla and Lucid vehicles, LGES said. Construction will begin in the second quarter of 2022, with mass production to start in 2024 with production capacity of 11 gigawatt hours, LGES said in a statement.
The short answer to this question is, “Yes, provided you are prepared to accept a modest standard of living.” To get an an idea of what a 60-year-old individual with a $300,000 nest egg faces, our list of factors to check includes … Continue reading → The post Can I Retire at 60 With $300,000? appeared first on SmartAsset Blog.
Large profits in the sector might not last
More drilling doesn’t add up to lower prices anytime soon—it just locks in more carbon. Here’s what to do instead.
XRP finds early support today, with the market sentiment towards the SEC case against Ripple delivering XRP with momentum.
These three chip designers have been beat up but issued strong financial outlooks for the next year and beyond.
Many U.S. companies have stopped doing business in Russia due to Vladimir Putin's unprovoked invasion of Ukraine. Leaders including Tesla CEO TSLA Elon Musk and Block SQ CEO Jack Dorsey have taken bold stands against what Putin has done. Musk, of course, even challenged Putin to some sort of one-on-one combat, with the fate of the Ukrainian people at stake.
(Reuters) -Nvidia Corp is interested in exploring using Intel Corp for manufacturing its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday. Early last year, Intel, which was making mostly chips it designed, decided to expand its business into making chips that others design as well, called the foundry business, and has announced several multibillion-dollar projects for new manufacturing centers in the United States and Europe. Intel's shares rose as much as 2.5% following Huang's comments.
You can use your traditional IRA's required minimum distributions (RMDs) to contribute to a Roth IRA if you have enough—but not too much—income.
The invasion of Ukraine by Russia, Europe's top gas supplier, pushed already-high energy prices to records and has prompted the European Union to attempt to slash reliance on Russian fossil fuels by hiking imports from other countries and quickly expanding renewable energy. The European Commission said on Wednesday it was ready to lead negotiations pooling demand and seeking gas ahead of next winter, following a similar model to how the bloc bought COVID-19 vaccines. Brussels is also aiming to strike a deal with U.S. President Joe Biden, who will attend the Brussels summit on Thursday, to secure additional U.S. liquefied natural gas supplies for the next two winters.