Global Mobile Card Reader Market Trends, Size, Forecast - 2019-2025
The global mobile card reader market is estimated to grow at a CAGR of over 13% during the forecast period. A mobile card reader is a data input device that reads data from a card-shaped storage medium. These electronic devices read plastic cards embedded with either a barcode, magnetic strip, computer chip or another storage medium.
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Owing to the increased adoption of cashless payment methods and digitalization, the market size is expected to expand during the forecast period. Increased numbers of peoples are gaining confidence in making digital payments owing to the increase in the awareness about its safety and security. Additionally, the convenience in making an online payment is aiding mobile card readers in gaining popularity. These provide better and secured payment options over conventional cash transactions; thus, these factors are projected to boost the mobile card reader market during the forecast period.
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Global Mobile Card Reader Market Segmentation
By Technology
Chip and PIN
Magnetic stripe
Near Field Communication (NFC)
By Application
Entertainment
Retail
Healthcare
Hospitality
Others
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Clover Network, Inc.
Electronic Merchant Systems
Ezetap Mobile Solutions Pvt. Ltd.
First Data Corp.
Fidelity National Information Services, Inc
ingenico Group
mSwipe
PayAnywhere
PaypalHoldings Inc.
Square Inc.
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