About Mobile Card Reader
A mobile card reader is a device capable of reading credit and debit cards with magnetic stripes, chip and PIN, or NFC technologies. A mobile card reader has a 3.5 mm pin that is used to connect it to a mobile device through an audio jack. Some mobile card readers can also connect wirelessly using Bluetooth or NFC technologies.
Technavio’s analysts forecast the global mobile card reader market to grow at a CAGR of 53.94% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global mobile card reader market for 2017-2021. To calculate the market size, the report considers the revenue generated from mobile card reader shipments, transaction fees, and other charges such as monthly fees charged by vendors.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Mobile Card Reader Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Electronic Merchant Systems (ems+)
• eWAY
• Ezetap
• Ingenico
• JUSP
• LifePay
• Mswipe
• Miura Systems
• PayAnywhere
• payleven
• PayPal
• Square
• SumUp
• Verifone
Market driver
• Growing number of MSMEs offer a large scalable customer base
• For a full, detailed list, view our report
Market challenge
• Reaching out to potential candidates
• For a full, detailed list, view our report
Market trend
• Adoption of contactless payment systems
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
• Base year and forecast period
• Definitions
• Data calculation approach
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Impact of EMV adoption in US
• Market overview
• Supply chain analysis
• Market size and forecast
PART 06: Market segmentation by technology
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
• Americas
• EMEA
• APAC
PART 09: Market drivers
• Growing number of MSMEs offer a large scalable customer base
• Lower transaction costs
• Growing dependence on plastic for transactions
• Rise in e-commerce transactions
PART 10: Impact of drivers
PART 11: Market challenges
• Reaching out to potential customers
• Longer transaction time using card readers
• Growth of online transactions due to safety factor
• Increase in the number of fraudulent activities with respect to cards
• Software development and upgrading expenses
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Shift in fraud liability policy
• Adoption of contactless payment systems
• Diversification of product portfolio by market vendors
• Advent of magnetic secure transmission (MST) technology
PART 14: Vendor landscape
• Competitive scenario
• Key vendors
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Categorization of enterprises
Exhibit 02: Major countries covered
Exhibit 03: Product offerings
Exhibit 04: Counterfeit fraud liability
Exhibit 05: Lost or stolen fraud liability
Exhibit 06: EMV terminal penetration in US 2016-2021 (% penetration)
Exhibit 07: Segmentation of global mobile card reader market 2016
Exhibit 08: Mobile card reader supply chain
Exhibit 09: Global mobile card reader market 2016-2021 ($ billions)
Exhibit 10: Global mobile card reader shipments 2016-2021 (million units)
Exhibit 11: Global mobile card reader market by technology 2016 and 2021
Exhibit 12: Market segmentation by end-user 2016 and 2021
Exhibit 13: CAGR of end-user segments 2016-2021
Exhibit 14: Geographic segmentation of mobile card readers 2016-2021
Exhibit 15: Geographical segregation of global mobile card reader market by revenue 2016-2021 ($ billions)
Exhibit 16: Mobile card reader market in Americas 2016-2021 ($ billions)
Exhibit 17: Mobile card reader market in EMEA 2016-2021 ($ billions)
Exhibit 18: Mobile card reader market in APAC 2016-2021 ($ billions)
Exhibit 19: % share of MSMEs by major countries/regions 2016
Exhibit 20: Fee types charged for transactions of mobile card readers and banks
Exhibit 21: Payment transaction methods used by consumers globally 2016 and 2021 (% share)
Exhibit 22: Global volume of payment cards 2016-2021 (billions of units)
Exhibit 23: Global transaction volume of payment cards ($ trillions) 2016-2021
Exhibit 24: Impact of drivers
Exhibit 25: Impact of drivers and challenges
Exhibit 26: Number of mobile devices with NFC technology 2016-2021 (millions of units)
Exhibit 27: Contactless payment systems using mobile devices 2016-2021
Exhibit 28: Factors instrumental in driving the demand for mobile card readers
Exhibit 29: Key vendors
