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Wireless POS Terminal Market by Component (Hardware, Software & Services), Type (Portable Countertop & PIN Pad, mPOS, Smart POS), Industry (Retail, Hospitality, Healthcare, Transportation, Sports & Entertainment), and Geography - Global Forecast to 2023

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Date: 18-Jan-2018
No. of pages: 160
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“Wide adoption of wireless payment terminal by retailers drives the wireless POS terminal market”

The wireless POS terminal market is expected to reach USD 13.00 billion by 2023 from USD 6.73 billion in 2017,at a CAGR of 11.59% between 2017 and 2023. The factors such as wide adoption of wireless payment terminal by retailers; growing use of Euro Pay, MasterCard, and Visa (EMV) cards; increasing e-commerce transactions; increase in cashless transactions in different countries; and growing adoption of wireless technology in mobile handsets and wearable’s drive the demand for wireless POS terminals. However, security issues related to wireless technology and high maintenance cost of wireless POS systems hamper the growth of the market.

“Portable counter top and PIN pad held the largest share of the wireless POS terminal market in 2016”

The portable counter top and PIN pad held the largest share of the wireless POS terminal market in 2016.Portable counter top POS solutions are compact, easy to install, and simple for both merchants as well as customers. They are largely deployed in several industries such as hospitality, sports and entertainment, and retail. Apart from accepting payments, these devices can also support rich multimedia to drive customer engagement and build loyalty.

“North America is expected to hold the largest share of the market during the forecast period”

North America held the largest share of the wireless POS terminal market in 2016, in terms of revenue, and the similar trend is expected to continue during the forecast period. The decreasing cost of the mobile devices and growing popularity of wireless technology have resulted in the rising adoption of wireless POS terminals across North America. Growing modernization of the payment industry, along with a focus on offering solutions that are customized or business specific, is anticipated to contribute to the growth of the market. The significant use of wireless POS terminals across several industries, such as retail, hospitality, and entertainment, is also driving the wireless POS terminal market in North America.

Breakdown of primary participants:


  • By Company Type: Tier 1 = 25%, Tier 2 = 35%, and Tier 3 = 40%

  • By Designation: C-Level Executives = 35%, Directors = 25%, and Others = 40%

  • By Region: Europe = 43%, APAC = 29%, North America = 14%, and RoW = 14%


Some of the major players operating in the wireless POS terminal market are as follows:


  • Ingenico (France)

  • Verifone (US)

  • First Data (US)

  • PAX Global Technology (Hong Kong)

  • NCR Corporation (US)

  • Diebold Nixdorf (US)

  • BBPOS (Hong Kong)

  • Elavon (US)

  • Castles Technology (Taiwan)

  • Winpos (Finland)

  • BITEL (Korea)

  • Cegid Group (France)

  • Squirrel Systems (Canada)

  • Newland Payment Technology (China)

  • CITIXSYS AMERICAS (US)


Research Coverage:

In this report, the wireless POS terminal market has been segmented on the basis of component, type, industry, and geography. The report also discusses the drivers, restraints, opportunities, and challenges for the market growth. It gives a detailed view of the market across 4 main regions—North America, Europe, APAC, and RoW. Value chain analysis has been included in the report, along with the key players and their competitive analysis in the wireless POS terminal eco system.

Reasons to Buy the Report:


  • This report includes statistics for the wireless POS terminal market based on component, type, industry, and geography, along with their respective market sizes.

  • Value chain analysis and key industry trends have been provided for the market.

  • Major drivers, restraints, opportunities, and challenges for the wireless POS terminal market have been provided in detail in this report.

  • This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem and the recent development strategies adopted by the key players in the market such as product launches and developments, partnerships, and mergers and acquisitions.

Wireless POS Terminal Market by Component (Hardware, Software & Services), Type (Portable Countertop & PIN Pad, mPOS, Smart POS), Industry (Retail, Hospitality, Healthcare, Transportation, Sports & Entertainment), and Geography - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of Study
1.2 Definition
1.3 Scope of The Study
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary & Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Major Opportunities in Wireless POS Terminal Market
4.2 Wireless POS Terminal Market, By Type
4.3 Wireless POS Terminal Market in APAC
4.4 Wireless POS Terminal Market, By Industry
4.5 Wireless POS Terminal Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Wide Adoption of Wireless Payment Terminal By Retailers
5.2.1.2 Growing Use of Europay, Mastercard, and Visa(EMV) Cards
5.2.1.3 Increasing E-Commerce Transactions Leading to Rise in Demand for Wireless POS Terminals
5.2.1.4 Increase in Cashless Transactions in Different Countries
5.2.1.5 Growing Adoption of Wireless Technology in Mobile Handsets and Wearables
5.2.2 Restraints
5.2.2.1 Security Issues Related to Wireless Technology
5.2.2.2 High Maintenance Cost of Wireless POS Systems
5.2.3 Opportunities
5.2.3.1 Reduction in Cost of Wireless Technology and Increase in Their Reliability
5.2.3.2 Mass Adoption of Dual-Interface Chip Technology and Multi-Application Support By NFC and Hce
5.2.4 Challenges
5.2.4.1 Lack of Standardization and Consumer Awareness Regarding Wireless POS Technology
5.2.4.2 Slow Rate of Adoption of Wireless POS Terminals

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Regulatory Standards

7 Wireless POS Terminal Market, By Component
7.1 Introduction
7.2 Hardware
7.2.1 Monitor
7.2.2 Receipt Printer
7.2.3 Card Reader
7.2.4 Other Hardware
7.3 POS Software and Services

8 Wireless POS Terminal Market, By Type
8.1 Introduction
8.2 Portable Countertop & Pin Pad
8.3 mPOS
8.4 Smart POS
8.5 Other Types

9 Wireless POS Terminal Market, By Industry
9.1 Introduction
9.2 Retail
9.3 Hospitality
9.4 Healthcare
9.5 Transportation
9.6 Sports & Entertainment
9.7 Other Industries

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Rest of APAC
10.5 RoW

11 Competitive Landscape
11.1 Introduction
11.2 Ranking Analysis of Wireless POS Terminal
11.3 Competitive Scenario
11.3.1 Product Launches & Developments
11.3.2 Partnerships, Agreements, Joint Ventures, & Collaborations
11.3.3 Mergers & Acquisitions

12 Company Profiles
12.1 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
12.1.1 Ingenico
12.1.2 Verifone
12.1.3 First Data
12.1.4 PAX Global Technology
12.1.5 NCR Corporation
12.1.6 Diebold Nixdorf
12.1.7 BBPOS
12.1.8 Elavon
12.1.9 Castles Technology
12.1.10 Winpos
12.1.11 Bitel
12.1.12 Cegid Group
12.1.13 Squirrel Systems
12.1.14 Newland Payment Technology
12.1.15 Citixsys Americas
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
12.2 Start-Up Ecosystem
12.2.1 Izettle
12.2.2 Revel Systems
12.2.3 Shopkeep
12.2.4 Touchbistro
12.2.5 Vend

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables

Table 1 Wireless POS Terminal Market, By Component, 2014–2023 (USD Billion)
Table 2 Wireless POS Terminal Market, By Type, 2014–2023 (USD Million)
Table 3 Wireless POS Terminal Market for Portable Countertop and Pin Pad, By Industry, 2014–2023 (USD Million)
Table 4 Wireless POS Terminal Market for Portable Countertop and Pin Pad, By Region, 2014–2023 (USD Million)
Table 5 Portable Countertop and Pin Pad Market for Retail, By Region, 2014–2023 (USD Million)
Table 6 Portable Countertop and Pin Pad Market for Hospitality, By Region, 2014–2023 (USD Million)
Table 7 Portable Countertop and Pin Pad Market for Healthcare, By Region, 2014–2023 (USD Million)
Table 8 Portable Countertop and Pin Pad Market for Transportation, By Region, 2014–2023 (USD Million)
Table 9 Portable Countertop and Pin Pad Market for Sports and Entertainment, By Region, 2014–2023 (USD Million)
Table 10 Portable Countertop and Pin Pad Market for Other Industries, By Region, 2014–2023 (USD Million)
Table 11 Wireless POS Terminal Market for mPOS, By Industry, 2014–2023 (USD Million)
Table 12 Wireless POS Terminal Market for mPOS, By Region, 2014–2023 (USD Million)
Table 13 mPOS Market for Retail, By Region, 2014–2023 (USD Million)
Table 14 mPOS Market for Hospitality, By Region, 2014–2023 (USD Million)
Table 15 mPOS Market for Healthcare, By Region, 2014–2023 (USD Million)
Table 16 mPOS Market for Transportation, By Region, 2014–2023 (USD Million)
Table 17 mPOS Market for Sports & Entertainment, By Region, 2014–2023 (USD Million)
Table 18 mPOS Market for Other Industries, By Region, 2014–2023 (USD Million)
Table 19 Wireless POS Terminal Market for Smart POS, By Industry, 2014–2023 (USD Million)
Table 20 Wireless POS Terminal Market for Smart POS, By Region, 2014–2023 (USD Million)
Table 21 Smart POS Market for Retail, By Region, 2014–2023 (USD Million)
Table 22 Smart POS Market for Hospitality, By Region, 2014–2023 (USD Million)
Table 23 Smart POS Market for Healthcare, By Region, 2014–2023 (USD Million)
Table 24 Smart POS Market for Transportation, By Region, 2014–2023 (USD Million)
Table 25 Smart POS Market for Sports and Entertainment, By Region, 2014–2023 (USD Million)
Table 26 Smart POS Market for Other Industries, By Region, 2014–2023 (USD Million)
Table 27 Wireless POS Terminal Market for Other Types, By Industry, 2014–2023 (USD Million)
Table 28 Wireless POS Terminal Market for Other Types, By Region, 2014–2023 (USD Million)
Table 29 Other Type Market for Retail, By Region, 2014–2023 (USD Million)
Table 30 Other Types Market for Hospitality, By Region, 2014–2023 (USD Million)
Table 31 Other Types Market for Healthcare, By Region, 2014–2023 (USD Million)
Table 32 Other Types Market for Transportation, By Region, 2014–2023 (USD Million)
Table 33 Other Types Market for Sports and Entertainment, By Region, 2014–2023 (USD Million)
Table 34 Other Types Market for Other Industries, By Region, 2014–2023 (USD Million)
Table 35 Wireless POS Terminal Market, By Industry, 2014–2023 (USD Million)
Table 36 Wireless POS Terminal Market for Retail, By Type, 2014–2023 (USD Million)
Table 37 Wireless POS Terminal Market for Retail, By Region, 2014–2023 (USD Million)
Table 38 Wireless POS Terminal Market for Hospitality, By Type, 2014–2023 (USD Million)
Table 39 Wireless POS Terminal Market for Hospitality, By Region, 2014–2023 (USD Million)
Table 40 Wireless POS Terminal Market for Healthcare, By Type, 2014–2023 (USD Million)
Table 41 Wireless POS Terminal Market for Healthcare, By Region, 2014–2023 (USD Million)
Table 42 Wireless POS Terminal Market for Transportation, By Type, 2014–2023 (USD Million)
Table 43 Wireless POS Terminal Market for Transportation, By Region, 2014–2023 (USD Million)
Table 44 Wireless POS Terminal Market for Sports and Entertainment, By Type, 2014–2023 (USD Million)
Table 45 Wireless POS Terminal Market for Sports and Entertainment, By Region, 2014–2023 (USD Million)
Table 46 Wireless POS Terminal Market for Other Industries, By Type, 2014–2023 (USD Million)
Table 47 Wireless POS Terminal Market for Other Industries, By Region, 2014–2023 (USD Million)
Table 48 Wireless POS Terminal Market, By Region, 2014–2023 (USD Billion)
Table 49 Wireless POS Terminal Market, By Region, 2014–2023 (Million Units)
Table 50 Wireless POS Terminal Market in North America, By Country, 2014–2023 (USD Million)
Table 51 Wireless POS Terminal Market in North America, By Type, 2014–2023 (USD Million)
Table 52 Wireless POS Terminal Market in North America, By Industry, 2014—2023 (USD Million)
Table 53 Wireless POS Terminal Market in Europe, By Country, 2014–2023 (USD Million)
Table 54 Wireless POS Terminal Market in Europe, By Type, 2014–2023 (USD Million)
Table 55 Wireless POS Terminal Market in Europe, By Industry, 2014–2023 (USD Million)
Table 56 Wireless POS Terminal Market in APAC, By Country, 2014–2023 (USD Million)
Table 57 Wireless POS Terminal Market in APAC, By Type, 2014–2023 (USD Million)
Table 58 Wireless POS Terminal Market in APAC, By Industry, 2014–2023 (USD Million)
Table 59 Wireless POS Terminal Market in RoW, By Region, 2014–2023 (USD Million)
Table 60 Wireless POS Terminal Market in RoW, By Type, 2014–2023 (USD Million)
Table 61 Wireless POS Terminal Market in RoW, By Industry, 2014–2023 (USD Million)
Table 62 Market Ranking for Wireless POS Terminal Market, 2016

List of Figures

Figure 1 Research Design
Figure 2 Wireless POS Terminal Market, 2014–2023
Figure 3 Wireless POS Terminal Market for POS Software and Services to Growth at Higher CAGR During Forecast Period
Figure 4 Portable Countertop and Pin Pad to Hold Largest Size of Wireless POS Terminal Market in 2017
Figure 5 Retail to Hold Largest Size of Wireless POS Terminal Market in 2017
Figure 6 North America Held Largest Share of Wireless POS Terminal Market in 2016
Figure 7 Increase in Cashless Transactions in Different Countries is Expected to Drive The Wireless POS Terminal Market
Figure 8 Wireless POS Terminal Market for mPOS to Grow at Highest CAGR During Forecast Period
Figure 9 Retail Held Largest Share of Wireless POS Terminal Market in APAC in 2016
Figure 10 Wireless POS Terminal Market for Sports & Entertainment Industry to Grow at The Highest CAGR During The Forecast Period
Figure 11 US Held Largest Share of Wireless POS Terminal Market in 2016
Figure 12 Increasing E-Commerce Transactions Spur Demand for Wireless POS Terminals and Drive Growth of The Market
Figure 13 Percentage of Transactions Enabled With EMV Cards
Figure 14 Increased Adoption of E-Commerce Transactions, 2011–2015
Figure 15 Global Number of Cyberattack Incidents
Figure 16 Assembly and Manufacturing, and Software Development Add Major Value to Wireless POS Terminals
Figure 17 Wireless POS Terminal Market, By Component
Figure 18 POS Software and Services to Dominate Wireless POS Terminal Market During Forecast Period
Figure 19 Hardware Components of Wireless POS Terminals
Figure 20 Wireless POS Terminal Market, By Type
Figure 21 Portable Countertop and Pin Pad to Hold Largest Size of Wireless POS Terminal Market in 2017
Figure 22 Retail to Hold Largest Size of Wireless POS Terminal Market for Portable Countertop and Pin Pad in 2017
Figure 23 Wireless POS Terminal Market for mPOS in APAC to Grow at Highest CAGR During Forecast Period
Figure 24 Smart POS Market for Sports and Entertainment to Grow at Highest CAGR During Forecast Period
Figure 25 North America to Hold Largest Size of Wireless POS Terminal Market for Other Types in 2017
Figure 26 Wireless POS Terminal Market, By Industry
Figure 27 Retail to Hold Largest Size of Wireless POS Terminal Market in 2017
Figure 28 Wireless POS Terminal Market for Retail in APAC to Grow at Highest CAGR During Forecast Period
Figure 29 Portable Countertop and Pin Pad to Hold Largest Size of Wireless POS Terminal Market for Healthcare By 2017
Figure 30 North America to Hold Largest Size of Wireless POS Terminal Market for Sports and Entertainment By 2017
Figure 31 Wireless POS Terminal Market, By Region
Figure 32 Geographic Snapshot: Wireless POS Terminal Market
Figure 33 Wireless POS Terminal Market in North America
Figure 34 Market Snapshot: North America
Figure 35 Wireless POS Terminal Market in Europe
Figure 36 Market Snapshot: Europe
Figure 37 Wireless POS Terminal Market in APAC
Figure 38 Market Snapshot: APAC
Figure 39 Wireless POS Terminal Market in RoW
Figure 40 Companies Adopted Contracts, Agreements, and Partnerships as Key Growth Strategies
Figure 41 Market Evaluation Framework: Contracts, Agreements, and Partnerships Fuelled Growth and Innovation Between 2014 and 2016
Figure 42 Geographic Revenue Mix of Key Players
Figure 43 Ingenico: Company Snapshot
Figure 44 Verifone: Company Snapshot
Figure 45 First Data: Company Snapshot
Figure 46 PAX Global Technology: Company Snapshot
Figure 47 NCR Corporation: Company Snapshot
Figure 48 Diebold Nixdorf: Company Snapshot
Figure 49 Cegid Group: Company Snapshot

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