Global Mobile Card Reader Market 2024-2028

The mobile card reader market is forecasted to grow by USD 28797.2 mn during 2023-2028, accelerating at a CAGR of 25.2% during the forecast period. The report on the mobile card reader market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of contactless payments, growth in demand for POS terminals from end-users, and increased penetration of smartphones.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	19.8%
CAGR	25.2%
Incremental Value	$28797.2 mn

Technavio's mobile card reader market is segmented as below:

By Application

Chip and pin
Near field communication
Magnetic stripe

By End-user

Large enterprises
MSMEs

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the emergence of NFC-based payment technology as one of the prime reasons driving the mobile card reader market growth during the next few years. Also, rise in mobile biometrics for payment and rising government initiatives for digital payments will lead to sizable demand in the market.

The report on the mobile card reader market covers the following areas:

Mobile Card Reader Market sizing
Mobile Card Reader Market forecast
Mobile Card Reader Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mobile card reader market vendors that include Adyen NV, Block Inc., Electronic Merchant Systems, Global Payments Inc., Ingenico Group SA, Intuit Inc., Leadway Tech, LIFE PAY, Miura Systems Ltd., Mswipe Technologies Pvt. Ltd., North American Bancard LLC, PayPal Holdings Inc., Razorpay Software Pvt. Ltd., Revolut Ltd., Shopify Inc., Stripe Inc., SumUp Inc., VeriFone Inc., Wise Payments Ltd., and Xero Ltd.. Also, the mobile card reader market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR76520

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Mobile Card Reader Market 2018 - 2022
- Historic Market Size - Data Table on Global Mobile Card Reader Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Chip and pin - Market size and forecast 2023-2028
- Chart on Chip and pin - Market size and forecast 2023-2028 ($ million)
- Data Table on Chip and pin - Market size and forecast 2023-2028 ($ million)
- Chart on Chip and pin - Year-over-year growth 2023-2028 (%)
- Data Table on Chip and pin - Year-over-year growth 2023-2028 (%)
6.4 Near field communication - Market size and forecast 2023-2028
- Chart on Near field communication - Market size and forecast 2023-2028 ($ million)
- Data Table on Near field communication - Market size and forecast 2023-2028 ($ million)
- Chart on Near field communication - Year-over-year growth 2023-2028 (%)
- Data Table on Near field communication - Year-over-year growth 2023-2028 (%)
6.5 Magnetic stripe - Market size and forecast 2023-2028
- Chart on Magnetic stripe - Market size and forecast 2023-2028 ($ million)
- Data Table on Magnetic stripe - Market size and forecast 2023-2028 ($ million)
- Chart on Magnetic stripe - Year-over-year growth 2023-2028 (%)
- Data Table on Magnetic stripe - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
7.3 Large enterprises - Market size and forecast 2023-2028
- Chart on Large enterprises - Market size and forecast 2023-2028 ($ million)
- Data Table on Large enterprises - Market size and forecast 2023-2028 ($ million)
- Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
- Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
7.4 MSMEs - Market size and forecast 2023-2028
- Chart on MSMEs - Market size and forecast 2023-2028 ($ million)
- Data Table on MSMEs - Market size and forecast 2023-2028 ($ million)
- Chart on MSMEs - Year-over-year growth 2023-2028 (%)
- Data Table on MSMEs - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Block Inc.
- Block Inc. - Overview
- Block Inc. - Business segments
- Block Inc. - Key news
- Block Inc. - Key offerings
- Block Inc. - Segment focus
12.4 Electronic Merchant Systems
- Electronic Merchant Systems - Overview
- Electronic Merchant Systems - Product / Service
- Electronic Merchant Systems - Key offerings
12.5 Global Payments Inc.
- Global Payments Inc. - Overview
- Global Payments Inc. - Business segments
- Global Payments Inc. - Key news
- Global Payments Inc. - Key offerings
- Global Payments Inc. - Segment focus
12.6 Ingenico Group SA
- Ingenico Group SA - Overview
- Ingenico Group SA - Product / Service
- Ingenico Group SA - Key offerings
12.7 Leadway Tech
- Leadway Tech - Overview
- Leadway Tech - Product / Service
- Leadway Tech - Key offerings
12.8 LIFE PAY
- LIFE PAY - Overview
- LIFE PAY - Product / Service
- LIFE PAY - Key offerings
12.9 Miura Systems Ltd.
- Miura Systems Ltd. - Overview
- Miura Systems Ltd. - Product / Service
- Miura Systems Ltd. - Key offerings
12.10 Mswipe Technologies Pvt. Ltd.
- Mswipe Technologies Pvt. Ltd. - Overview
- Mswipe Technologies Pvt. Ltd. - Product / Service
- Mswipe Technologies Pvt. Ltd. - Key offerings
12.11 North American Bancard LLC
- North American Bancard LLC - Overview
- North American Bancard LLC - Product / Service
- North American Bancard LLC - Key offerings
12.12 PayPal Holdings Inc.
- PayPal Holdings Inc. - Overview
- PayPal Holdings Inc. - Product / Service
- PayPal Holdings Inc. - Key news
- PayPal Holdings Inc. - Key offerings
12.13 Razorpay Software Pvt. Ltd.
- Razorpay Software Pvt. Ltd. - Overview
- Razorpay Software Pvt. Ltd. - Product / Service
- Razorpay Software Pvt. Ltd. - Key offerings
12.14 Shopify Inc.
- Shopify Inc. - Overview
- Shopify Inc. - Product / Service
- Shopify Inc. - Key offerings
12.15 Stripe Inc.
- Stripe Inc. - Overview
- Stripe Inc. - Product / Service
- Stripe Inc. - Key offerings
12.16 SumUp Inc.
- SumUp Inc. - Overview
- SumUp Inc. - Product / Service
- SumUp Inc. - Key offerings
12.17 VeriFone Inc.
- VeriFone Inc. - Overview
- VeriFone Inc. - Product / Service
- VeriFone Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations