TechNavio recognizes the following companies as the key players in the Global Mobile Point of Sale Systems market: Datalogic S.p.A., Intermec Inc., Fujitsu Ltd., Honeywell Scanning and Mobility, Motorola Solutions Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Mobile POS Systems market is the increase in mobile POS-based transactions. The transaction value for the period is illustrated in the exhibit below. From the exhibit, it is clear that with the increasing value of transactions during the forecast period, there will be an increase in the adoption of mobile POS systems. The Global Mobile POS Systems market is expected to witness increasing deployments in the future years. Moreover, the increasing adoption in the Transportation, Retail, and Hospitality sectors will tend to increase the transactions through the mobile POS systems during the forecast period.”
According to the report, one of the main factors driving the market is the growing significance of mobile POS systems. A mobile POS system facilitates faster customer checkout and retains the electronic receipts at a retail store. Furthermore, mobile POS systems save labor costs where the merchant could direct the sales associates to locate and assist customers in the store.
Further, the report states that one of the main challenges is high cost of installation and upgradation. A mobile POS system needs to be aligned with the processes and operations of the store or retail location where it is deployed. This alignment involves the installation of customized software that is compatible with the hardware, thereby increasing the total installation cost.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Atos Worldline, First Data Corp., Ingenico S. A. International Business Machines Corp., Intellect International N.V., Keycorp Ltd., Micros Systems Inc., NCR Corp., Olivetti Tecnost S.p.A., Pax Technology Ltd., ProvencoCadmus Group, Radiant Systems Inc., SZZT Electronics Co. Ltd. Thyron Systems Ltd, VeriFone Systems Inc., and Wincor Nixdorf AG.
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. For further information on this report, please visit https://www.technavio.com/report/global-mobile-point-sale-systems-market-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global Mobile Point of Sale Systems Market 2012-2016
