South Korea Mobile Pos Terminal Market Size & Outlook
South Korea mobile pos terminal market, 2018-2030 (US$M)
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South Korea mobile pos terminal market highlights
- The South Korea mobile pos terminal market generated a revenue of USD 1,913.1 million in 2023 and is expected to reach USD 4,670.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13.6% 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 1,913.1 million |
| Market revenue in 2030 | USD 4,670.9 million |
| Growth rate | 13.6% (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, South Korea accounted for 4.6% 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 |
|---|
South Korea 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 77.71% in 2023. Horizon Databook has segmented the South Korea mobile pos terminal market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The mobile satellite services market in South Korea is marked by the presence of domestic and international satellite operators, and partnerships and collaborations between local and global players. Major mobile satellite services operators in the country, including KT SAT, SKY Perfect JSAT, and Inmarsat, offer a range of MSS solutions.
Players in South Korea are investing in strategies such as collaborations, partnerships, and product launches, fueling the market growth. For instance, in January 2022, KT SAT, a South Korean provider of satellite communication services, including mobile satellite services, launched XWAVE, its maritime brand.
The maritime brand has enabled the expansion and strengthening of its R-MVSAT coverage, an end-to-end maritime connectivity service providing high-speed network connectivity to vessels, ships, and offshore platforms.
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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 South Korea mobile pos terminal market , including forecasts for subscribers. This country databook contains high-level insights into South Korea mobile pos terminal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea mobile pos terminals market size, by component, 2018-2030 (US$M)
South Korea Mobile POS Terminal Market Outlook Share, 2023 & 2030 (US$M)
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