Product Code: ETC13140285 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Mobile Point of Sale Market was valued at USD 28 Billion in 2024 and is expected to reach USD 58 Billion by 2031, growing at a compound annual growth rate of 10.70% during the forecast period (2025-2031).
The Global Mobile Point of Sale (mPOS) market is experiencing significant growth due to the increasing adoption of mobile payment technologies and the rising demand for seamless and convenient payment solutions. The mPOS market encompasses hardware and software solutions that enable businesses to accept card payments using smartphones and tablets, providing flexibility and mobility. Key drivers of market growth include the growing trend towards cashless transactions, the proliferation of smartphones and mobile devices, and the need for cost-effective payment processing solutions. The market is characterized by intense competition, with key players offering innovative solutions to cater to diverse industry verticals such as retail, hospitality, healthcare, and transportation. As businesses seek to enhance customer experience and streamline operations, the mPOS market is poised for continued expansion and technological advancements.
The Global Mobile Point of Sale (mPOS) market is experiencing significant growth driven by the increasing adoption of mobile technology, rising demand for contactless payment solutions, and the growth of the retail and hospitality sectors. Key trends include the integration of mPOS with advanced technologies such as AI and IoT, the shift towards cloud-based mPOS systems for scalability and flexibility, and the emphasis on data analytics for personalized customer experiences. Opportunities in the market lie in expanding mPOS solutions to emerging markets, offering value-added services like inventory management and loyalty programs, and catering to the growing demand for seamless omnichannel experiences. Overall, the mPOS market is poised for continued expansion as businesses seek innovative, efficient, and customer-centric payment solutions.
In the Global Mobile Point of Sale (mPOS) market, several challenges are prevalent. One of the key challenges is security concerns around payment processing and data protection. With the increasing use of mobile devices for transactions, mPOS systems are vulnerable to security breaches, putting sensitive customer information at risk. Another challenge is interoperability issues among different mPOS devices and software, hindering seamless integration with existing systems and potentially leading to operational inefficiencies. Additionally, varying regulatory requirements across different regions pose a challenge for mPOS providers in terms of compliance and adapting their solutions to meet the legal standards of each market. Overall, addressing these challenges is crucial for the sustained growth and success of the Global mPOS market.
The Global Mobile Point of Sale (mPOS) market is being driven by several key factors. The increasing adoption of smartphones and tablets, coupled with the rising trend of digital payments, is fueling the demand for mPOS solutions. The convenience and flexibility offered by mPOS systems, allowing businesses to accept payments anywhere and anytime, are attracting retailers across various industries. Additionally, the cost-effectiveness of mPOS solutions compared to traditional POS systems is driving their adoption among small and medium-sized enterprises. The integration of advanced technologies such as NFC, EMV, and biometrics in mPOS devices is also contributing to market growth by enhancing security and improving transaction speeds. Overall, the growing emphasis on enhancing the customer experience and streamlining payment processes is propelling the expansion of the global mPOS market.
Government policies related to the Global Mobile Point of Sale (mPOS) Market vary by country but generally focus on data security, consumer protection, and regulatory compliance. Many governments have implemented data protection regulations, such as the General Data Protection Regulation (GDPR) in the European Union, to ensure the secure handling of personal and financial information collected through mPOS transactions. Additionally, regulatory bodies may require mPOS providers to adhere to specific standards for transaction processing and authentication to protect consumers from fraud and ensure fair business practices. These policies aim to foster trust in mPOS technology and promote its widespread adoption while safeguarding consumer interests and maintaining a level playing field in the market.
The Global Mobile Point of Sale (mPOS) Market is expected to witness significant growth in the coming years, driven by the increasing adoption of digital payment methods, the rise of e-commerce, and the need for businesses to enhance customer experience. The convenience, flexibility, and cost-effectiveness offered by mPOS solutions are attracting retailers across various industries. Additionally, the ongoing technological advancements, such as the integration of biometric authentication and contactless payment options, are further propelling the market forward. With the growing trend towards cashless transactions and the increasing penetration of smartphones and tablets, the mPOS market is poised for continuous expansion, presenting opportunities for vendors to innovate and cater to evolving customer demands.
In the global mobile point of sale (mPOS) market, Asia Pacific is expected to witness significant growth due to the increasing adoption of digital payment solutions and the proliferation of smartphones in countries like China and India. North America is anticipated to remain a key market player, driven by the presence of leading mPOS solution providers and the high adoption rate of advanced payment technologies. In Europe, the mPOS market is poised for steady growth, fueled by the rising trend of cashless transactions and the increasing popularity of contactless payments. The Middle East and Africa region is also projected to experience growth in the mPOS market, supported by government initiatives to promote digital payments. Latin America is expected to show promising growth opportunities for mPOS vendors, driven by the expanding retail sector and the growing awareness of the benefits of mPOS solutions.
Global Mobile Point of Sale (mPOS) Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Mobile Point of Sale (mPOS) Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Mobile Point of Sale (mPOS) Market Revenues & Volume, 2021 & 2031F |
3.3 Global Mobile Point of Sale (mPOS) Market - Industry Life Cycle |
3.4 Global Mobile Point of Sale (mPOS) Market - Porter's Five Forces |
3.5 Global Mobile Point of Sale (mPOS) Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Mobile Point of Sale (mPOS) Market Revenues & Volume Share, By Solution Type, 2021 & 2031F |
3.7 Global Mobile Point of Sale (mPOS) Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Global Mobile Point of Sale (mPOS) Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Global Mobile Point of Sale (mPOS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Mobile Point of Sale (mPOS) Market Trends |
6 Global Mobile Point of Sale (mPOS) Market, 2021 - 2031 |
6.1 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Solution Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Integrated Card Reader Solutions, 2021 - 2031 |
6.1.3 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Card Reader Accessories, 2021 - 2031 |
6.1.4 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Dongles, 2021 - 2031 |
6.1.5 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Sleeves, 2021 - 2031 |
6.2 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Technology, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Biometrics, 2021 - 2031 |
6.2.3 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Hybrid Technology Solutions, 2021 - 2031 |
6.2.4 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By EMV Chip and Pin, 2021 - 2031 |
6.2.5 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Magnetic-stripe, 2021 - 2031 |
6.2.6 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Chip and Sign, 2021 - 2031 |
6.2.7 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Near Field Communication (NFC), 2021 - 2031 |
6.3 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By End use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Restraunts, 2021 - 2031 |
6.3.3 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Hospitality, 2021 - 2031 |
6.3.4 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Health Care, 2021 - 2031 |
6.3.5 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Retail, 2021 - 2031 |
6.3.6 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Entertainment, 2021 - 2031 |
6.3.7 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Government, 2021 - 2031 |
6.3.8 Global Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Mobile Point of Sale (mPOS) Market, Overview & Analysis |
7.1 North America Mobile Point of Sale (mPOS) Market Revenues & Volume, 2021 - 2031 |
7.2 North America Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Solution Type, 2021 - 2031 |
7.4 North America Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Technology, 2021 - 2031 |
7.5 North America Mobile Point of Sale (mPOS) Market, Revenues & Volume, By End use, 2021 - 2031 |
8 Latin America (LATAM) Mobile Point of Sale (mPOS) Market, Overview & Analysis |
8.1 Latin America (LATAM) Mobile Point of Sale (mPOS) Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Solution Type, 2021 - 2031 |
8.4 Latin America (LATAM) Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Technology, 2021 - 2031 |
8.5 Latin America (LATAM) Mobile Point of Sale (mPOS) Market, Revenues & Volume, By End use, 2021 - 2031 |
9 Asia Mobile Point of Sale (mPOS) Market, Overview & Analysis |
9.1 Asia Mobile Point of Sale (mPOS) Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Solution Type, 2021 - 2031 |
9.4 Asia Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Technology, 2021 - 2031 |
9.5 Asia Mobile Point of Sale (mPOS) Market, Revenues & Volume, By End use, 2021 - 2031 |
10 Africa Mobile Point of Sale (mPOS) Market, Overview & Analysis |
10.1 Africa Mobile Point of Sale (mPOS) Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Solution Type, 2021 - 2031 |
10.4 Africa Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Technology, 2021 - 2031 |
10.5 Africa Mobile Point of Sale (mPOS) Market, Revenues & Volume, By End use, 2021 - 2031 |
11 Europe Mobile Point of Sale (mPOS) Market, Overview & Analysis |
11.1 Europe Mobile Point of Sale (mPOS) Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Solution Type, 2021 - 2031 |
11.4 Europe Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Technology, 2021 - 2031 |
11.5 Europe Mobile Point of Sale (mPOS) Market, Revenues & Volume, By End use, 2021 - 2031 |
12 Middle East Mobile Point of Sale (mPOS) Market, Overview & Analysis |
12.1 Middle East Mobile Point of Sale (mPOS) Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Mobile Point of Sale (mPOS) Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Solution Type, 2021 - 2031 |
12.4 Middle East Mobile Point of Sale (mPOS) Market, Revenues & Volume, By Technology, 2021 - 2031 |
12.5 Middle East Mobile Point of Sale (mPOS) Market, Revenues & Volume, By End use, 2021 - 2031 |
13 Global Mobile Point of Sale (mPOS) Market Key Performance Indicators |
14 Global Mobile Point of Sale (mPOS) Market - Export/Import By Countries Assessment |
15 Global Mobile Point of Sale (mPOS) Market - Opportunity Assessment |
15.1 Global Mobile Point of Sale (mPOS) Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Mobile Point of Sale (mPOS) Market Opportunity Assessment, By Solution Type, 2021 & 2031F |
15.3 Global Mobile Point of Sale (mPOS) Market Opportunity Assessment, By Technology, 2021 & 2031F |
15.4 Global Mobile Point of Sale (mPOS) Market Opportunity Assessment, By End use, 2021 & 2031F |
16 Global Mobile Point of Sale (mPOS) Market - Competitive Landscape |
16.1 Global Mobile Point of Sale (mPOS) Market Revenue Share, By Companies, 2024 |
16.2 Global Mobile Point of Sale (mPOS) Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |