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The mobile card reader market is forecasted to grow by USD 28.79 billion during 2023-2028, accelerating at a CAGR of 25.2% during the forecast period. The report on the mobile card reader market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of contactless payments, growth in demand for POS terminals from end-users, and increased penetration of smartphones.
The mobile card reader market is segmented as below:
By Application
- Chip and pin
- Near field communication
- Magnetic stripe
By End-user
- Large enterprises
- MSMEs
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the mobile card reader market covers the following areas:
- Mobile Card Reader Market sizing
- Mobile Card Reader Market forecast
- Mobile Card Reader Market industry analysis
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 an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global mobile card reader market: Adyen NV, Block Inc., Electronic Merchant Systems, Global Payments Inc., Ingenico Group SA, Intuit Inc., Leadway Tech, LIFE PAY, Miura Systems Ltd., Mswipe Technologies Pvt. Ltd., North American Bancard LLC, PayPal Holdings Inc., Razorpay Software Pvt. Ltd., Revolut Ltd., Shopify Inc., Stripe Inc., SumUp Inc., VeriFone Inc., Wise Payments Ltd., and Xero Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of nfc-based payment technology."
According to the report, one of the major drivers for this market is the increased adoption of contactless payments.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adyen NV
- Block Inc.
- Electronic Merchant Systems
- Global Payments Inc.
- Ingenico Group SA
- Intuit Inc.
- Leadway Tech
- LIFE PAY
- Miura Systems Ltd.
- Mswipe Technologies Pvt. Ltd.
- North American Bancard LLC
- PayPal Holdings Inc.
- Razorpay Software Pvt. Ltd.
- Revolut Ltd.
- Shopify Inc.
- Stripe Inc.
- SumUp Inc.
- VeriFone Inc.
- Wise Payments Ltd.
- Xero Ltd.
