Global Mobile Point-of-Sale (mPOS) Market to Reach $208.5 Billion by 2030
The global market for Mobile Point-of-Sale (mPOS) estimated at US$27.6 Billion in the year 2023, is expected to reach US$208.5 Billion by 2030, growing at a CAGR of 33.5% over the analysis period 2023-2030. Hybrid Technology Solutions, one of the segments analyzed in the report, is expected to record a 38.6% CAGR and reach US$61.2 Billion by the end of the analysis period. Growth in the EMV Chip and Pin Technology segment is estimated at 34.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9.1 Billion, While China is Forecast to Grow at 31.7% CAGR
The Mobile Point-of-Sale (mPOS) market in the U.S. is estimated at US$9.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$33 Billion by the year 2030 trailing a CAGR of 31.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 30.7% and 27.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 22.5% CAGR.
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