TechNavio today published its report Global Enterprise Mobile POS Hardware Market 2010“2014 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision-makers™ understanding of the present and the future landscape of this market.
Commenting on the report, an analyst from TechNavio™s Enterprise Applications team said, Increased competition encourages mobile POS vendors to differentiate themselves from other vendors by providing innovative and value-added services. So, mobile POS vendors are offering POS devices on a rental basis. In addition, vendors also provide maintenance and upgrading services to drive the adoption of mobile POS devices; the hardware-as-a-service model is expected to counter the threat of the increased cost of owning a device. As a result, the rental mode of POS devices encourages customers to use POS devices at peak times, and for example in holiday seasons, for a better customer checkout experience.
According to the report, with the increase in need for payment convenience, consumers are increasingly opting for smart cards such as credit cards and debit cards for easy and secure payment terms. With the increase in globalization and with the need to obtain maximum revenue, retail outlets and other shopping complexes have started to accept smarts cards as the mode of payment through electronic payment terminals. Further, the deployment of mobile POS devices eliminates the need to wait for payment in other fixed payment terminals, reducing the time spent by consumers to pay.
The report also discusses key challenges including compatibility issues with the organization.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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-enterprise-mobile-point-sale-hardwar…
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TechNavio Announces the Publication of its Report – Global Enterprise Mobile POS Hardware Market 2010-2014
