Handheld Point Of Sale Pos Device Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Handheld Point Of Sale (POS) Device market, including trends, size, growth projections, and regional insights from 2023 to 2033, aiming to equip stakeholders with actionable data.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $10.50 Billion |
| CAGR (2023-2033) | 7.2% |
| 2033 Market Size | $21.46 Billion |
| Top Companies | Square, Inc., Clover Network, Inc., Verifone Systems, Inc., PayPal Holdings, Inc. |
| Last Modified Date | 15 Nov 2024 |
Handheld Point Of Sale Pos Device Market Report (2023 - 2033)
Handheld Point Of Sale Pos Device Market Overview
What is the Market Size & CAGR of Handheld Point Of Sale Pos Device market in 2023?
Handheld Point Of Sale Pos Device Industry Analysis
Handheld Point Of Sale Pos Device Market Segmentation and Scope
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Handheld Point Of Sale Pos Device Market Analysis Report by Region
Europe Handheld Point Of Sale Pos Device Market Report:
Europe's market is currently valued at $2.79 billion (2023) and is forecasted to reach $5.70 billion by 2033. Europe showcases strong technological infrastructure and consumer readiness for cashless transactions.Asia Pacific Handheld Point Of Sale Pos Device Market Report:
In 2023, the Handheld POS Device market in Asia Pacific is estimated at approximately $2.01 billion, with projections of reaching $4.11 billion by 2033. The rapid adoption of mobile payment systems and increasing urbanization are driving significant demand for handheld POS devices in this region.North America Handheld Point Of Sale Pos Device Market Report:
North America leads with a market size of $4.01 billion in 2023, growing to $8.21 billion by 2033, propelled by innovative technology adoption and a high reliance on digital payments in various sectors.South America Handheld Point Of Sale Pos Device Market Report:
The South American market size for Handheld POS Devices was $0.56 billion in 2023, expected to grow to $1.15 billion by 2033. The rise in small businesses and increased tourism are notable contributors to this growth.Middle East & Africa Handheld Point Of Sale Pos Device Market Report:
The Middle East and Africa market stands at $1.12 billion in 2023, growing to $2.29 billion by 2033. Increasing retail activities and a government push for digital payment systems contribute to this upward trajectory.Request a custom research report for industry.
Handheld Point Of Sale Pos Device Market Analysis By Product
Global Handheld POS Device Market, By Product Market Analysis (2023 - 2033)
The handheld POS device market, segmented by product type, shows Mobile POS as the leading segment with projected growth from $6.88 billion in 2023 to $14.07 billion by 2033, capturing a significant market share due to its versatility and ease of use. Hardware devices constitute $2.27 billion currently, expected to reach $4.63 billion, while accessories begin at $1.35 billion and are projected to develop to $2.76 billion.
Handheld Point Of Sale Pos Device Market Analysis By Application
Global Handheld POS Device Market, By Application Market Analysis (2023 - 2033)
In terms of application, retail is projected at $4.23 billion in 2023, rising to $8.64 billion, reflecting its critical need for efficient customer transaction processes. Following this, hospitality's market size is anticipated to increase from $2.38 billion to $4.86 billion, alongside notable growth in transportation ($1.26 billion to $2.58 billion) and healthcare ($1.45 billion to $2.96 billion).
Handheld Point Of Sale Pos Device Market Analysis By End User
Global Handheld POS Device Market, By End-User Market Analysis (2023 - 2033)
The market composition by end-user shows small businesses accounting for $5.83 billion in 2023, expanding to $11.91 billion, representing a solid 55.48% share. Medium and large enterprises follow, starting at $2.41 billion moving to $4.93 billion and $1.06 billion to $2.17 billion, respectively. Government utilization is also non-negligible, growing from $1.20 billion to $2.45 billion.
Handheld Point Of Sale Pos Device Market Analysis By Technology
Global Handheld POS Device Market, By Technology Market Analysis (2023 - 2033)
The division by technology identifies wired technology dominating, valued at $8.65 billion in 2023, set to increase to $17.68 billion, while wireless technology is expected to reach $3.79 billion from $1.85 billion, representing growing preferences for mobility in transactions.
Handheld Point Of Sale Pos Device Market Analysis By Distribution Channel
Global Handheld POS Device Market, By Distribution Channel Market Analysis (2023 - 2033)
Online channels are leading the distribution share, starting at $8.65 billion and anticipated to grow to $17.68 billion, emphasizing the shift towards e-commerce. Offline channels, although smaller at $1.85 billion, project growth to $3.79 billion, indicating sustained interest in traditional store settings.
Handheld Point Of Sale Pos Device Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Handheld Point Of Sale Pos Device Industry
Square, Inc.:
Square, Inc. specializes in mobile payment solutions and offers an integrated POS system that caters to small businesses, providing hardware and software-based solutions.Clover Network, Inc.:
Clover provides comprehensive POS systems for various businesses, focusing on customizable solutions and advanced analytics to enhance customer interactions.Verifone Systems, Inc.:
Verifone is known for its innovative payment security solutions and offers a range of handheld POS devices designed for versatility across industry applications.PayPal Holdings, Inc.:
PayPal’s handheld POS solutions streamline mobile transactions and are especially popular among merchants transitioning to cashless environments.We're grateful to work with incredible clients.
