Mobile POS Market Demand Driven by Seamless Transactions | Top Key Players are Square, Inc., Ingenico S.A, Cisco Systems Inc, Hewlett-Packard Company, etc. (WT)

Mobile point-of-sale (POS) or mPOS is a wireless device or tablet with the same functionality as a cash register. Businesses of all sizes are procuring mPOS devices for faster transactions and management of assets and inventories. The global mobile point-of-sale market report by Market Research Future (MRFR) covers innovations in payment software, connectivity with latest communication network technologies, and changing regulations for the forecast period (2020-2027). The sudden outbreak of the COVID-19 virus and its impact on the market are explored.
Market Scope
The global mobile POS market is set to exhibit 23.4% CAGR over the forecast period. This is attributed to popularity of mobile operating systems and use of mobile applications for seamless transactions. The portable nature of mobile POS systems can be an indicator of its demand among small and medium sized businesses. Advances in wireless network technologies and government encouragement for digital payments can drive the market growth.
The COVID-19 outbreak has accelerated the demand for cashless payments in light of regulations rolled out by nations for curbing the coronavirus. Adoption of electronic solutions by SMEs and large enterprises has led to rise of mobile POS devices. Services such as click-&-collect, payment-in-aisle, and in mobility coupled with replacement of legacy systems can bode well for the market. Rise of cashless transactions in developing and developed nations will increase the scope of the market. Moreover, use of smartphones for faster payments can signify the ascending growth of the mobile POS market.
Rising concerns of data security can hamper the market. But compliance of mobile POS software developers with latest EVM and PCI standards can favor the market.
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Segmentation:
By component, the global mobile POS market has been divided into hardware, software, and services. The services segment has been further divided into professional and managed services. Among components, the hardware segment can elicit a huge demand owing to adoption of portable POS tablets by a majority of enterprises.
By connectivity, it has been divided into Bluetooth, 3G/4G, Wi-Fi, and others. The 3G/4G segment can capture a large market share owing to subscription plans rolled by telecommunication companies.
By deployment, the global mobile POS market has been divided into cloud and on-premise.
On the basis of application, the global mobile POS market has been segmented into retail, hospitality, restaurants, healthcare, entertainment, and others. The retail application is set to lead the market owing to presence of small and medium businesses. Ease in operations and rapid processing of payments are prime factors driving the market demand in the sector. Rising use of tablets and leveraging use of payment information for customer insights can spur the adoption rate.
Regional Analysis
North America, Latin America, Europe, Asia-Pacific (APAC), and the Middle East & Africa (MEA) are major regions covered in the mobile POSs market.
North America held a large market share owing to adoption of portable POS terminals for faster payments. The growing number of the population using digital payments for conducting transactions coupled with its adoption by retail store chain, pharmacy outlet chains, and restaurants can drive market growth.
APAC is expected to display the strongest growth rate during the assessment period owing to preference of contactless payments and large number of cash-on-delivery transactions. Recently, Reliance Jio is planning to rollout mobile POS devices to local stores for modernizing payments and driving the trend of digital technologies. Modernization of stores and implementation of new taxes can propel the demand in the region.
Competition Analysis
Square, Inc., Ingenico S.A, Cisco Systems Inc, Hewlett-Packard Company, Samsung Electronics Co, Toshiba Corporation, VeriFone Systems Inc, Panasonic Corporation, PAX Technology Limited, Epicor Software Corporation, Squirrel Systems, NEC Corporation, Posiflex Technology, First Data Corporation, and MICROS Systems are key players of the mPOS market. Investments in R&D and collaboration with large store chains for pushing digital payment methods are prime strategies of players. Compliance with latest standards for accepting international currencies can also push the innovation in the market.
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Railway Platform Security Market to register a CAGR of 5.5% during the review period, 2019–2027

Global Railway Platform Security Market is expected USD 2.67 billion 2027 to register a CAGR of 5.5% during the review period, 2019–2027.
Railway Platform Security Market ’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Railway Platform Security Market Trends to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Railway Platform Security Market is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.
The factors responsible for the growth of the railway platform security market include rising need to minimize the risk of unauthorized access to platforms and increasing demand for additional support and advanced solutions for security management. Railway passenger security is interlinked with the safety and security of railway assets such as railway platforms and trains. Minimizing unauthorized access with the help of control systems ensures a high level of security for passengers as well as goods at the railway platform. Several measures are taken to restrict unauthorized access in the form of fencing for railway tracks, installation of CCTVs at high-risk locations, the provision of information to risk groups, and the intensification of supervision. Access control systems play a vital role in preventing unauthorized access by automating entry and exit operations and securing crucial areas.
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Competitive Outlook:
The Global Railway Platform Security Market is characterized by the presence of several regional and local providers. Some of the key players in the market are Honeywell (US), Indra Sistemas (Spain), Huawei (China), Bosch (Germany), Atos (France), FLIR Systems (US), Axis Communications (Sweden), talent (UK), Zhejiang Dahua (US), Hikvision (China), STANLEY (US), Wabtec (US), L&T Technology Services (India), Mitsubishi Electric (Japan), Genetec (Canada), Knorr-Bremse (Germany), Nabtesco (Japan), Senstar (Canada), Avnet (US), and Anixter (US) among others.
Segmentation:
The Global Railway Platform Security Market has been segmented based on components, applications, and regions.
By component, the market has been segmented into solutions and services. The solution segment covers sensors, alarm systems, and video surveillance systems. The various types of sensors included in the sensors segment are microwave sensors, infrared sensors, fiber optic sensors, radar sensors, and other sensors. The video surveillance systems segment has been further segmented into software and hardware. The hardware segment includes cameras and storage devices, whereas, the software segment includes intelligent video analytics software and video management software. By services, the market has been divided into professional services and managed services. By application, the market has been segmented into subways and trains.
The regions included in the study are North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.
Regional Analysis:
Geographically, the global railway platform security market has been categorized into four regions, namely North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
North America is expected to dominate the global railway platform security market with the highest market share, whereas, Asia-Pacific (APAC) is expected to be the fastest-growing region in the railway platform security market due to the increasing adoption of advanced technologies and increasing GDP of Asia-Pacific countries. Also, potential economies in the Asia-Pacific region such as China, Korea, Australia, Singapore, Hong Kong, and India are rapidly investing in the technological transformation which is expected to fuel the growth of the railway platform security market in this region.
Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continued….
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List of Tables
Table 1 Global Railway Platform Security Market: By Region, 2020-2027
Table 2 North America Railway Platform Security Market by Country, 2020-2027
Table 3 Europe Railway Platform Security Market: By Country, 2020-2027
Continued…
List of Figures
FIGURE 1 Global Railway Platform Security Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Railway Platform Security Market
Continued…
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https://jaydubey.collectblogs.....com/61378441/databas
https://www.mymeetbook.com/pos....t/36264_csp-network-

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

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