India Mobile Pos Terminal Market Size & Outlook, 2023-2030
India mobile pos terminal market, 2018-2030 (US$M)
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India mobile pos terminal market highlights
- The India mobile pos terminal market generated a revenue of USD 1,099.3 million in 2023 and is expected to reach USD 3,196.3 million by 2030.
- The India market is expected to grow at a CAGR of 16.5% 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 1,099.3 million |
| Market revenue in 2030 | USD 3,196.3 million |
| Growth rate | 16.5% (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, India accounted for 2.7% 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 Asia Pacific, Japan mobile pos terminal market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,196.3 million by 2030.
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Mobile POS Terminal Market Scope
Mobile POS Terminal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 78.43% in 2023. Horizon Databook has segmented the India mobile pos terminal market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian government has initiated a liberalized specifications policy that permits the use of existing licenses for delivering Mobile Satellite Services (MSS) in addition to Fixed Satellite Services (FSS), without the need for additional licenses or approvals.
This policy aims to promote the development and growth of the satellite communications sector in India and enable the provision of advanced satellite services to meet the evolving communication needs of the country.
This liberalized approach enables satellite operators to leverage their existing infrastructure and investments to expand their service offerings and meet the growing demand for mobile satellite communications in India.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India mobile pos terminal market , including forecasts for subscribers. This country databook contains high-level insights into India mobile pos terminal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India mobile pos terminals market size, by component, 2018-2030 (US$M)
India Mobile POS Terminal Market Outlook Share, 2023 & 2030 (US$M)
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