mPOS Terminals Market size forecast to grow with 19% CAGR to surpass USD 48 billion by 2023

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(mPOS) Mobile POS Terminals Market size with 19
CAGR estimations forecast to exceed 48bn by
2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Mobile POS Terminals Market

• Software was valued at USD 1.81 billion in 2015
  and it is projected to grow at 22.6 CAGR from
  2016 to 2023. Efficient software combines
  functionality of screen terminals and barcode
  scanners and also provides data restoring as well
  as backup features. In addition, it tracks
  customer purchasing behavior and also effectively
  manages user loyalty programs.
• Entertainment industry is estimated to grow at
  19.6 CAGR from 2016 to 2023. This segment is
  likely to experience considerable growth
  prospects owing to its highly robust nature.
  Escalating implementation of these systems in
  casinos, amusement parks, cinemas, stadiums, pubs
  and tourism is likely to augment industry growth
  over the next seven years.
• Retail sector was valued at USD 3.48 billion in
  2015. Mobile POS terminal market is anticipated
  to create substantial value for retailers owing
  to more converged and integrated store solutions
  offered by these systems.

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Continued...

• Asia Pacific mobile POS terminals market share
  was over 25 of the global revenue in 2015 and is
  forecast to grow at 19.6 CAGR over the forecast
  timeframe. Rapidly growing customer base owing to
  increasing prominence of SMBs coupled with
  reduction in TCO is expected to drive regional
  growth over next seven years.
• U.S. mPOS terminals market will drive North
  America regional industry.
• Industry participants accumulating major share
  include Ingenico, VeriFone, Zebra Technologies,
  First Data Corporation, and Oracle.

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Brazil Mobile POS Terminals Market size, by
application, 2012 - 2023 (USD Billion)

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Browse Full Market Research Report of Mobile
POS Terminals Market _at_ http//goo.gl/0ogaxJ Re
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360 Analysis

• Application Analysis
• Retail sector accounted for more than 30 of
  global revenue in 2015, and is poised to grow at
  17.8 CAGR from 2016 to 2023. Mobile POS
  terminals market is expected to create value for
  retailers, leading to more converged and
  integrated store solutions.
• Regional Analysis
• North America is forecast to grow at a CAGR of
  18.3 over the forecast period, driven by growth
  in U.S. mobile POS terminals market size. Europe
  mobile POS terminal market was valued at over USD
  3 billion in 2015.
• Competitive Market Share
• The traditional POS terminals industry is
  consolidated in nature the top two participants,
  Verifone and Ingenico, accounted for over 40 of
  the size in 2015. Ingenico has observed a
  significant increase in demand of NFC-configured
  EMV-chip terminal to accept Apples new mobile
  payment system.
• Key players in the industry include VeriFone,
  Ingenico, Zebra Technologies, Oracle and First
  Data Corporation.

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