Canada Mobile Pos Terminal Market Size & Outlook
Canada mobile pos terminal market, 2018-2030 (US$M)
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Canada mobile pos terminal market highlights
- The Canada mobile pos terminal market generated a revenue of USD 1,862.5 million in 2023 and is expected to reach USD 3,627.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Mobile pos terminal market data book summary
| Market revenue in 2023 | USD 1,862.5 million |
| Market revenue in 2030 | USD 3,627.7 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Fiserv Inc, Hewlett Packard Enterprise Co, Apollo Global Management Inc Class A, NEC Corp, Oracle Corp, Panasonic Holdings Corp, Pax Global Technology Ltd, QVS Software Inc, Samsung Electronics Co Ltd, Toshiba Corporation, Spectra Systems Corp, Francisco Partners, Zebra Technologies Corp Class A |
Other key industry trends
- In terms of revenue, Canada accounted for 4.5% of the global mobile pos terminal market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. mobile pos terminal market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,627.7 million by 2030.
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Mobile POS Terminal Market Scope
Mobile POS Terminal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada mobile pos terminal market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mobile pos terminal market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 46.2% in 2023. Horizon Databook has segmented the Canada mobile pos terminal market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Canadian government has recognized the importance of mobile satellite services for connecting remote and underserved areas of the country and has taken initiatives to promote research, development, and innovation in this field.
For instance, in August 2021, it announced that it had reached an agreement in principle with Telesat Corporation, a global satellite operator, for a substantial investment of USD 1.44 billion in company’s advanced Low Earth Orbit (LEO) satellite constellation, known as Telesat Lightspeed.
This investment aims to support the development and deployment of Telesat Corporation’s cutting-edge satellite technology for enhanced connectivity, particularly in rural and remote communities across Canada.
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Our clientele includes a mix of mobile pos terminal market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada mobile pos terminal market , including forecasts for subscribers. This country databook contains high-level insights into Canada mobile pos terminal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada mobile pos terminals market size, by component, 2018-2030 (US$M)
Canada Mobile POS Terminal Market Outlook Share, 2023 & 2030 (US$M)
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