2019 Study on Mobile First POS: How mPOS is Becoming the Preferred POS Platform in North America - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 6, 2019--
The “Mobile First POS: How mPOS is Becoming Preferred POS Platform in North America” report has been added to ResearchAndMarkets.com’s offering.
For several years the Mobile POS (mPOS) market has taken off but in a somewhat bifurcated manner. While among smaller retailers, mPOS has truly been transforming, replacing traditional POS for new retailers at a rapid pace, the use of mPOS as a standard everyday product in enterprise retailers was delayed due to EMV and the drive to Unified Commerce.
But in mid-2018 the Mobile POS market among the largest of retailers has hit its growth strides and this has continued through 2019 as retailers update their customer experience due to declining foot traffic.
Further, with the increase of Click and Collect and BOPIS, along with the sunset of Windows 7 support, more retailers than ever are considering a Mobile First approach to their next POS installation. This is because they wish to have a single platform across their POS and mPOS systems.
Without question, the opportunity is staggering as some retailers have seen upwards of a 25% increase in sales per transaction when mobile is used.
The enterprise retailers who are deploying now have a much more mature view of the market than the early adopters. They have the systems in place to actually benefit from MPOS and are not as concerned with the WOW factor or cool factor of the technology but rather the functionality that increases sales.
This research looks at the current state of Mobile POS in North America, the adoption rates of the various retail verticals, and the shipment and installed base details by type of device (Rugged Handheld, Non-Rugged Handheld, and Tablets). It includes market sizing, trends, and forecasts through 2023.
This study is designed for use by Private Equity Investors, Mobile POS Hardware and Software Providers, Service Providers, Maintenance Providers, Retailers and others who might have a vested interest in the North American Mobile Point-of-Sale Market.
The study looks at the opportunity for each of the mobile devices for the following segments:
Key Topics Covered
2. Trends & Market Drivers
2.1 Trends Driving mPOS Adoption
2.2 Trends Slowing mPOS Adoption
2.3 Challenges When Deploying Mobile
3. Market Size & Forecasts
3.1 North American mPOS Shipments through 2022
3.2 Fixed vs True Mobile Shipments through 2022
3.3 mPOS North America Installed Base Forecast through 2022
3.4 Fixed vs True Mobile Installed Base Forecast through 2022
4. Retailer Purchase Plans
4.1 mPOS Purchase Timing and Intent by Segment
4.2 mPOS Purchase Timing and Intent by Size of Retailer
5. What We See Ahead
References and Methodology
For more information about this report visit https://www.researchandmarkets.com/r/gaf63a
View source version on businesswire.com:https://www.businesswire.com/news/home/20191106005994/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: PROFESSIONAL SERVICES RETAIL TECHNOLOGY OTHER RETAIL MOBILE/WIRELESS BANKING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/06/2019 03:54 PM/DISC: 11/06/2019 03:54 PM