According to a market report by Lucintel, the future of the wireless POS terminal market looks promising with opportunities in the retail, hospitality, healthcare, transportation, sports & entertainment, and other industries. The global wireless POS terminal market is expected to grow with a CAGR of 12% from 2021 to 2026. The major drivers for this market are increasing usage of EuroPay, Mastercard, and Visa, rising e-commerce transactions, growing cashless transaction in different countries, and increasing adoption of wireless payment terminal by retailers.
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In this market, different types of wireless POS terminal, such as portable countertop & PIN pad, mPOS, smart POS, and other types (mini POS and smart mobile dongle), are used in a wide range of industries. Portable countertop & PIN pad will remain the largest type segment, as they are easy to install and simple for both merchants as well as customers.
North America will remain the largest region during the forecast period due to increasing usage of wireless POS terminal in various end use industries, such as retail, hospitality, and entertainment industries.
Ingenico, Verifone, First Data, PAX Global Technology, NCR Corporation, Diebold Nixdorf, BBPOS, Elavon, Castles Technology, Winpos, BITEL, Cegid Group, Squirrel Systems, Newland Payment, and CITIXSYS AMERICAS are among the major wireless POS terminal manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global wireless POS terminal market by type, end use industry, component, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Wireless POS Terminal Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global wireless POS terminal market by type, end use industry, component, and region as follows:
By Type [$M shipment analysis for 2015 – 2026]:
Portable Countertop & PIN Pad
mPOS
Smart POS
Other Types (Mini POS and Smart Mobile Dongle)
By End Use Industry [$M shipment analysis for 2015 – 2026]:
Retail
Hospitality
Healthcare
Transportation
Sports & Entertainment
Other (Home Delivery & Service Delivery)
By Component [$M shipment analysis for 2015 – 2026]:
Hardware
POS Software & Services
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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