DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/npxg95/mpos_expansion) has announced the addition of the "mPOS Expansion Shakes The Point Of Sales Industry" report to their offering.
The report mPOS expansion shakes the Point of Sales industry, analyzes in detail the dynamics and the specificities of the mPOS business. Mobile POS are a relatively recent addition in the payment ecosystem. After targeting only micro-merchants, mPOS developers are now expanding their offer to target all types of merchants, thus becoming a threat to the traditional POS vendors.
According to this report, mPOS shipments are expected to keep growing in the next years at a CAGR of 40% between 2013 and 2018, leading to 52.1 million mPOS units to be shipped in 2018. ASPAC will be the region experiencing the fastest growth throughout the years, despite mPOS deployment in this zone starting slower and later than in the US and Europe.
mPOS shipments growth will be driven primarily by a large number of merchants adding mPOS solutions to their existing POS solutions. As the technology evolves and becomes more mature, mPOS solutions will become viable solutions for merchants willing to completely replace their solutions. The growth of mPOS will lead the traditional POS industry to lose 9.7 million units in shipments in 2018, representing a 30% attrition. mPOS shipments are forecasted to pass the number of POS shipments for the first time in 2016. And, in 2018, the installed base of mPOS will be larger than the installed base of POS terminals worldwide.
This Smart Insights Report, titled mPOS expansion shakes the Point of Sales industry, explores in detail the business models of the various mPOS vendors, and establishes a segmentation of this nascent market. The research has been conducted combining Smart Insights long-standing experience in the secure transactions industry with interviews with key players in the mPOS and POS industry, as well as stakeholders from financial institutions, test companies, and systems integrators, specializing in this area.
Key Topics Covered:
1. What are mPOS (mobile Point-of-Sale)?
3. Drivers and Constraints
4. Market Segmentation
5. Market Forecast
6. Future opportunities
- Blue Bamboo
- Charge Anywhere
- First Data
- GMX YouTransactor
- I Love Velvet
- Infinite Peripherals
- Miura Systems
- PayPal Here
- Wincor Nixdorf
For more information visit http://www.researchandmarkets.com/research/npxg95/mpos_expansion