Today, everyone from small to medium businesses are shifting to cashless payment systems and portals. Big Market Research recently added a report titled, “United States Mobile Point of Sales (mPOS) Terminals Sales Market Report 2021.”
The report is an in-depth analysis of the mPOS terminals sales market and discusses the market share, size and growth. It projects future trends and opportunities based on the current market scenario. The study is a comprehensive analysis of factors driving the industry and supports the data with tables and figures.
Mobile point of sale (mPOS) is a dedicated wireless device such as a table or a mobile phone that more or less serves as a cash register or electronic point of sale terminal.
IBM, is eyeing a move to acquire Revel Systems to strengthen their presence in the retail solution market. Organizations in the United States of America are trying to tighten their grip over the retail solution market and have resorted to acquire or merge with companies holding similar interests. Salesforce acquired Quip to expand their presence in the cloud space. IBM, is on the similar track. The company is eyeing to buyout Revel Systems that will enable them to grow as a brand in the retail and mobile payment division. As the trend is shifting towards cashless payments in the form of mobile wallets and online banking, IBM is all set to make the most of the situation.
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The report presented by Big Market Research includes key market players and a detailed analysis of each player with information such as sales, price, revenue and market share of each company. It is further segmented into different types of products offered by the various companies and application by sector. The different sectors mentioned in the report are, restaurants, hospitality, healthcare, retail, transportation, sports and entertainment. Market trends, challenges, constraints are highlighted in the study. The competitive landscape of the market is explored in the report with data such as basic information, manufacturing base and competitors of each company. Verifone Systems, Inc, Ingenico S.A, PAX Technology Ltd, Panasonic Corporation and First Data Corporation are the few market players covered in the report.
Investors, shareholders, marketing and sales executives, current market players and new market entrants will benefit from the report added by the Big Market Research team. New investment pockets based on the current and forecasted trends can be explored after studying the report. Marketing and sales executives may use the information to develop new marketing strategies to promote their product based on recent developments. Prospective market entrants could integrate new market entry strategies after analyzing the data included in the research. The report covers all the important parameters related to the mobile point of sale terminal market and is a valuable source of guidance for every individual and company seeking information related to the industry.
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