Technavio
Announces the Publication of its Research Report Global
POS Mobile Card Reader Market 2018-2022
Technavio
recognizes the following companies as the key players in the global POS mobile
card reader market: Ingenico, PayPal, Square, and Verifone
Other
Prominent Vendors in the market are: Clover Network, Electronic Merchant
Systems, Etsy, eWay, Ezetap, First Data Merchant Solutions, Intuit, iZettle,
JUSP, LifePay, mSwipe, Miura Systems, PayAnywhere, Shopify, SumUp, and Tappr.
Commenting
on the report, an analyst from Technavios team said: One trend in the market
is incorporation of artificial intelligence. Digital and mobile payments are
increasingly gaining traction in the supply chain of consumer goods and
services. A whole new world of possibilities opens up when personalized
connections between customer and merchant are made available through mobile
technologies and artificial intelligence (Al).
Request For Free Sample
Report Available @ https://marketreportscenter.com/request-sample/573601
According
to the report, one driver in the market is lower costs of mobile card reader
devices when compared with conventional card machines. One of the primary
drivers for the growing adoption of PoS mobile card readers is the low cost of
the device in comparison to conventional card readers. For instance, an
Ethernet credit card reader would cost $299; however, a PoS mobile card reader
would, on an average, cost just $38.36. The comparatively lower cost of the
device is what makes PoS mobile card readers a preferred option for small and
medium enterprise (SME) businesses.
The
study was conducted using an objective combination of primary and secondary
information including inputs from key participants in the industry. The report
contains a comprehensive market and vendor landscape in addition to a SWOT
analysis of the key vendors.
About POS Mobile Card Reader
Point-of-sale
(PoS) systems are devices that ensure cashless transaction of goods and
merchandise. These systems are used extensively by the retail and hospitality
sectors, and MSMEs, to make transactions simpler and easier. The use of these
systems enhances the overall shopping experience by reducing the payment
processing time and providing vital information about the consumers' buying
behavior to the companies that use such systems. They can also help retailers
and MSMEs to manage information about their inventories, customers, and cash
flow.
Technavios
analysts forecast the global POS mobile card reader market to grow at a CAGR of
44.85% during the period 2018-2022.
Complete Report with
TOC Available @ https://marketreportscenter.com/reports/573601/global-pos-mobile-card-reader-market-2018-2022
Covered in this report
The
report covers the present scenario and the growth prospects of the global POS
mobile card reader market for 2018-2022. To calculate the market size, the
report presents a detailed picture of the market by way of study, synthesis,
and summation of data from multiple sources.
The market is divided into the
following segments based on geography:
·
Americas
·
APAC
·
EMEA
Technavio's
report, Global POS Mobile Card Reader Market 2018-2022, has been prepared based
on an in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects over the coming years. The
report also includes a discussion of the key vendors operating in this market.
Key vendors
·
Ingenico
·
PayPal
·
Square
·
Verifone
·
Other prominent vendors
·
Clover Network
·
Electronic Merchant Systems
·
Etsy
·
eWay
·
Ezetap
·
First Data Merchant Solutions
·
Intuit
·
iZettle
·
JUSP
·
LifePay
·
mSwipe
·
Miura System
·
PayAnywhere
·
Shopify
·
SumUp
·
Tappr
Market driver
·
Lower costs of mobile card reader
devices when compared with conventional card machines
·
For a full, detailed list, view our
report
Market trend
·
Incorporation of artificial intelligence
·
For a full, detailed list, view our
report
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