Mobile POS Shipments Grow 77% Worldwide In 2015
The total number of Mobile POS units surpassed 6 million units worldwide by the end of 2015 according to new researchfrom IHL Group as the number of installed units grew by 64% during the year.
The vast majority of these units are being used in retailers below 50 stores in their chain, but we are beginning to finally see an uptick in enterprise retail accounts.
Some key data points from the Mobile POS Vendor Database are the following:
- Shipments to Department Stores grew at the fastest rate at 107% worldwide
- Shipments to Restaurants and other hospitality establishments grew 90% worldwide year to year.
- Specialty Stores increased shipments 70% year to year
The Mobile POS market is having a dramatic impact on traditional cash registers and POS at the SMB level, most often being used as pure replacements. Among the Enterprise accounts, however, the vast majority of the units are being deployed as additional points of purchase for customers rather than replacing POS.
Two primary barriers to full widespread adoption in the enterprise, particularly in North America, has been the move to EMV and the great priority of aligning systems within Unified Commerce which is by far the largest area of spend for retailers most retailers.
The Mobile POS Vendor Database tracks the shipments and installed base of MPOS by by segment and region around the world. Data includes vendor share as well as preferred unit size and OS.
Vendors included in the research include Apple, Samsung, HP, Fujitsu, NEC, HTC, Toshiba, Panasonic, ASUS, Huawei, Lenovo and many others.
For more information on this study and see complete details, visit their website