Worldwide Mobile POS Systems Market Insights: Industry Size, Growth Analysis and Forecast
Report ID : 1341278 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Mobile POS Systems Market is categorized based on Deployment Type (Cloud-based, On-premises) and Payment Method (Card Payments, Mobile Wallets, NFC Payments, QR Code Payments, Cash Transactions) and End User (Retail, Hospitality, Healthcare, Transportation, Entertainment) and Component (Hardware, Software, Services) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the Mobile POS Systems Market size was $16.5 billion and is projected to grow to $45.0 billion by 2033, registering a CAGR of 10.5% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.
As a result of fast-paced technological advancements and shifting consumer trends, the Mobile Point of Sale (mPOS) systems market has rapidly evolved in recent years. mPOS systems have played an important role in retail and hospitality owing to its drive enhancement to customer experiences and smoothening of business operations. With these portable systems, businesses now have the option to transact anywhere outside of a retail environment which vastly expands the flexibility and convenience offered by traditional point-of-sale systems. Together with the emergence of tablets and smartphones, merchants are now able to accept payments in an efficient and seamless manner regardless of their location.
Surpassing the already keen interest, Mobile payments solutions continue to gain traction around the globe which will only be beneficial to the mPOS systems market that has already shown great promise for growth. With mPOS being adopted, businesses can expect improved customer engagement, as well as improved inventory and transaction management. Alongside this improvement, the market is rapidly adapting to mPOS systems with borderless services which are only further accelerated with integrated technology such as NFC, QR codes, and cloud-based mPOS services which have enabled merchants newfound ways to engage with their customers and conduct sales analytics. This rapidly evolving market shows that the shift towards digital payment solutions is imperative for businesses to keep pace in an increasingly mobile-centric world.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Square Inc., PayPal Holdings Inc., Clover Network Inc., Shopify Inc., Verifone Systems Inc., Ingenico Group, Toast Inc., SumUp Inc., Zettle AB, Lightspeed Commerce Inc., PAX Technology Limited |
| SEGMENTS COVERED |
By Deployment Type - Cloud-based, On-premises
By Payment Method - Card Payments, Mobile Wallets, NFC Payments, QR Code Payments, Cash Transactions
By End User - Retail, Hospitality, Healthcare, Transportation, Entertainment
By Component - Hardware, Software, Services
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Mobile POS Systems Market Dynamics
The Mobile POS Systems Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Mobile POS Systems Market Segmentations
Market Breakup by Deployment Type
- Overview
- Cloud-based
- On-premises
Market Breakup by Payment Method
- Overview
- Card Payments
- Mobile Wallets
- NFC Payments
- QR Code Payments
- Cash Transactions
Market Breakup by End User
- Overview
- Retail
- Hospitality
- Healthcare
- Transportation
- Entertainment
Market Breakup by Component
- Overview
- Hardware
- Software
- Services
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Mobile POS Systems Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Square Inc.
- PayPal Holdings Inc.
- Clover Network Inc.
- Shopify Inc.
- Verifone Systems Inc.
- Ingenico Group
- Toast Inc.
- SumUp Inc.
- Zettle AB
- Lightspeed Commerce Inc.
- PAX Technology Limited
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Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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