Mobile Card Reader Market 2023: Size, Share, Segments, And Forecast 2032

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© The Business Research Company. All Rights Reserved. Market Size, Trends and Global Forecast 2023-2032 Mobile Card Reader Global Market Report 2023

Mobile Card Reader Market Segments

The Business Research Company segments it’s mobile card reader market report as:

Hardware, Software By Solution

Chip And Pin, Magnetic Stripe, Near Field Communication (NFC) By Technology

On-Premises, Cloud By Deployment

By Application Entertainment, Retail, Healthcare, Hospitality, Restaurants, Warehouse

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Market Statistics

The global mobile card reader market size is expected to grow from $10.30 billion in 2022 to $12.47 billion in 2023 at a compound annual growth rate (CAGR) of 21.1%. The global mobile card reader market size is expected to grow to $26.71 billion in 2027 at a CAGR of 21.0%.

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10.3 12.47 26.71 2022 2023 2027
Global Mobile Card Reader Market Size Forecast To 2032

Key Market Drivers And Trends

Drivers

The rising adoption of smartphones for digital payments is expected to propel the growth of the mobile card reader market

Trends

Technological innovation is a key trend gaining popularity in the mobile card reader market.

Region

North America was the largest region in the mobile card reader market in 2022. The regions covered in the global mobile card reader market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Key Market Players

Major players in the mobile card reader market are:

▪ Electronic Merchant Systems Inc

▪ Ezetap Mobile Solutions Private Limited

▪ Ingenico Group

▪ LifePay ZAO

▪ Miura Systems Limited

▪ And more.

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