PUBLISHER: QYResearch | PRODUCT CODE: 1866835
PUBLISHER: QYResearch | PRODUCT CODE: 1866835
The global market for mPOS Device was estimated to be worth US$ 3044 million in 2024 and is forecast to a readjusted size of US$ 5810 million by 2031 with a CAGR of 9.7% during the forecast period 2025-2031.
An mPOS (mobile Point of Sale) device is a portable payment terminal that allows businesses to accept card payments through mobile devices like smartphones or tablets. These devices are typically paired with a card reader, often connected via Bluetooth or a headphone jack, and can process credit or debit card transactions, including contactless payments (such as NFC-enabled cards or mobile wallets like Apple Pay).mPOS systems are particularly popular with small businesses, merchants on the go (like food trucks, market vendors), and in retail environments where portability is key. These devices often come with additional features, such as inventory management, sales reporting, and customer data collection. In 2024, global mPOS Device production reached approximately 51.32 million units , with an average global market price of around US$ 59.32 per unit.
Rising Demand for Cashless Transactions
Consumer Preferences: As consumers increasingly prefer cashless and contactless payments for convenience and hygiene reasons, businesses are adopting mPOS solutions to cater to this demand.
Increasing Mobile Penetration
Smartphone Adoption: With the global increase in smartphone usage, businesses have found it cost-effective to convert smartphones or tablets into POS systems, reducing the need for expensive traditional POS hardware.
Cost Efficiency for Small and Medium-Sized Businesses (SMBs)
Lower Capital Investment: Traditional POS systems can require significant capital investment in both hardware and software. mPOS systems, on the other hand, are typically more affordable, offering subscription-based pricing models.
Flexibility: mPOS systems allow SMBs to scale their operations and adjust as needed. They can expand as the business grows, without heavy upfront investments.
This report aims to provide a comprehensive presentation of the global market for mPOS Device, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of mPOS Device by region & country, by Type, and by Application.
The mPOS Device market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding mPOS Device.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of mPOS Device company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of mPOS Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of mPOS Device in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.