Market revenue in 2023 | USD 3,405.7 million |
Market revenue in 2030 | USD 7,499.1 million |
Growth rate | 11.9% (CAGR from 2023 to 2030) |
Largest segment | Hardware |
Fastest growing segment | Software |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 73.65% in 2023. Horizon Databook has segmented the Latin America mobile pos terminal market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Internet of Things (IoT) sector is gaining traction in Latin America, and mobile satellite services providers are leveraging satellite connectivity to offer IoT solutions for industries such as agriculture, mining, transportation, and logistics. These solutions enable real-time monitoring, remote asset management, and data collection in areas with limited terrestrial network connectivity.
For instance, in the mining industry, IoT applications leveraging satellite connectivity can enable remote monitoring of equipment and assets and real-time tracking of vehicle movements, allowing for better asset management, predictive maintenance, and safety monitoring in large mining operations spread over vast areas.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America mobile pos terminal market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mobile pos terminal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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