The article cited AMA's Global Mobile POS Device Market Study explored substantial growth with CAGR of 9.2%. According the report, Deployment of Cost-Effective Cloud-Based POS Terminal is one of the primary growth factors for the market. Growing Demand for Digital Payment such as Google Pay, Amazon Pay is also expected to contribute significantly to the Mobile POS Device market. Overall, Retail applications of Mobile POS Device, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Ingenico (France), Verifone (United States), First Data (United States), PAX Global Technology (Hong Kong), NCR Corporation (United States), Diebold Nixdorf (United States), BBPOS (Hong Kong), Elavon (United States), Castles Technology (Taiwan), Winpos (Finland), BITEL (Korea) and Cegid Group (France) may see astonishing sales in this Market and certainly improve revenue growth.

The Organization Size, such as Small and Medium Enterprises, is boosting the Mobile POS Device market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Component, such as Hardware, is boosting the Mobile POS Device market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Mobile POS Device market identified that the demand is rising in many different parts of the world as "Increasing Use of Credit Card Payment and Seamless Payment Experience of Customer Will Propel the Mobile POS Device Market ". Furthermore, some recent industry insights like "On 09 March 2021, Paytm has announced that it will convert NFC-enabled Android smartphones into point-of-sale devices (POS) in order to attract more retailers to one of the world's top mobile payment marketplaces. Paytm merchant partners may now enable card acceptance on their NFC-enabled smartphone using the Paytm Business app. It will be able to complete a purchase simply by touching a plastic card to its phone after it's been enabled." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Standardization and Security Concern will hamper the Mobile POS Device Market"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Mobile POS Device market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Mobile POS Device market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Mobile POS Device market tight?
• Which application/end-user category or Product Type [Card Reader, Chip-and-PIN Reader and Others] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile POS Device market and other related sub-markets covered in the study.

o Key & emerging players in the Mobile POS Device market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Mobile POS Device market size is calculated using market estimation process, the Mobile POS Device market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile POS Device market size has been validated using both top-down and bottom-up approaches.