Mobile Point-of-Sale (mPOS) Market to Touch a Value of US$47.7 bn by 2025-end due to Increasing Reliance on Mobile Devices
The global market for mobile point-of-sale (Mpos) has witnessed intense competition amongst the market players over the past decade. The competition is only expected to increase over the coming years due to the presence of tremendous opportunities in the market for smart phones and other devices. The leading market players are expected to introduce an array of innovative business strategies that can fetch a greater market share for them. Furthermore, the strongholds of the leading market players in the global mobile point-of-sale (Mpos) market are expected to create roadblocks for the growth of the smaller market vendors. Besides all of this, the leading market players are anticipated to enter into partnerships with other businesses to expand their global reach. There have been several attempts by the medium-sized players to fetch a greater market share for themselves. Some of these efforts include forming of strategic alliances, increased spending on marketing and sales, and co...