Global Fintech Mobile PoS Payment Market Size | 2019-2032

Global Fintech Mobile PoS Payment Market Size and Forecast by Device Types, End Users, Industry, Application, Payment Type, and Region: Statistics | 2019-2032

Report Format:     | Pages: 250+
Type: Niche Industry Monitor | ID: FIN44104  | Publication: August 2024  |  US$1,790  |  

Fintech Mobile PoS Payment Market Growth and Performance


Key Takeaways:

  • In 2023, the global fintech mobile PoS payment market size reached US$ 3.28 Trillion, witnessing a YoY growth of 27.2%.
  • The market is projected to experience a significant upsurge in market revenue, reaching US$ 25.49 Trillion by the end of 2032.
  • In terms of growth, the global fintech mobile PoS payment market is anticipated to expand at a CAGR of 25.6% between 2024 and 2032.
  • The smartphones segment is projected to experience a significant upsurge in market revenue, reaching US$ 14.24 Trillion by the end of 2032.
  • The fintech mobile PoS payment market is expected to witness an absolute dollar opportunity of US$ 22.21 Trillion between 2024 and 2032.
  • Among the diverse regions within this market, Asia Pacific fintech mobile PoS payment market took the lead, reaching a market value of US$ 1.32 Trillion in 2023.
  • The fastest growing market among regions is Latin America, experiencing a CAGR of 41.7% between 2024 and 2032.
  • While all the leading countries are still important, US ruled as the leading market in the global fintech mobile PoS payment industry in 2023.
  • Among the diverse end users, IT and telecom was the largest end-user vertical in terms of spending in the market in 2023.
  • The global fintech mobile PoS payment market is mainly driven by increasing smartphone penetration, rising adoption of contactless payment, and expansion of e-commerce and omni-channel retail.

Fintech Mobile PoS Payment Market Scope

Analysis Period

2019-2032

 

Actual Data

2019-2023

 

Base Year

2023

 

Estimated Year

2024

 

CAGR Period

2024-2032

 
 

Research Scope

 

Device Types

Smartphones

 

Tablets

 

Wearable Devices

 

Other Mobile Devices

 

End Users

Individual Consumers

 

SMEs

 

Medium-sized Enterprises

 

Large Enterprises

 

Industry

IT and Telecom

 

Media and Entertainment

 

Energy and Power

 

Transportation and Logistics

 

Healthcare

 

BFSI

 

Retail

 

Manufacturing

 

Public Sector

 

Other

 

Application

In-Store Payments

 

Remote Payments

 

Payment Type

NFC (Near Field Communication) Payments

 

Cryptocurrency Payments

 

Mobile Wallets and Apps

 

Companies

Square, PayPal Here, Shopify, Stripe, SumUp,  Zettle by PayPal, Clover, Worldpay, Fiserv, Adyen.

 
 
 
 
 

Fintech Mobile Pos Payment Industry: Regional Coverage

 

Regional Scope

North America

US

Canada

Mexico

Western Europe

UK

Germany

France

Italy

Spain

Benelux

Nordics

Rest of Western Europe

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Asia Pacific

Japan

Australia

China

South Korea

India

Malaysia

Hong Kong

Indonesia

New Zealand

Singapore

Thailand

Vietnam

Philippines

Bangladesh

Rest of Asia Pacific

Latin America

Brazil

Peru

Colombia

Chile

Rest of Latin America

MEA

Israel

South Africa

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

Nigeria

Kenya

Turkey

Rest of MEA

 

Sub-Regions

ASEAN

Indonesia

Malaysia

Philippines

Thailand

 

 

 

 

 

Vietnam

 

 

 

 

 

Rest of Asia Pacific

 

 

 

 

BRICS

Brazil

Russia

India

China

South Africa

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

 

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