Product Code: ETC4450210 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The UK wireless POS terminal market offers mobile payment devices, contactless terminals, and NFC-enabled POS systems for retail, hospitality, and healthcare sectors with payment processing, customer engagement, and transaction security features. Wireless POS terminals support EMV compliance, mobile wallet payments, and omnichannel retail experiences. Market demand is driven by cashless payment trends, consumer convenience preferences, and PCI DSS compliance requirements. Innovations in biometric authentication, blockchain payment integration, and QR code scanning influence market dynamics and POS terminal providers.
The UK wireless POS terminal market is driven by the need for flexible and convenient payment solutions in retail, hospitality, and other sectors. Wireless POS terminals enable mobile and contactless transactions, enhancing customer experience and operational efficiency. The market benefits from the growth of cashless payments, advancements in wireless payment technologies, and the increasing adoption of digital payment methods.
The Wireless POS Terminal market in the UK faces challenges such as high production and operational costs and the need for continuous innovation to improve terminal performance and connectivity. Ensuring compliance with stringent regulatory standards for data security and transaction safety adds complexity. Additionally, competition from alternative payment solutions and the necessity for effective marketing strategies to attract businesses looking for efficient transaction systems impact market growth.
In the UK Wireless POS Terminal market, government policies emphasize retail industry, payment technologies, and point-of-sale system regulations. Regulatory frameworks ensure Wireless POS Terminal security, payment card industry standards, and compliance with EMV (Europay, Mastercard, Visa) chip card specifications for contactless payments, mobile wallets, and e-commerce transactions. Policies support technological advancements in Wireless POS Terminals, including NFC (Near Field Communication) readers, biometric authentication, and cloud-based POS software to enhance transaction speed, data security, and customer payment experiences. Regulatory reforms promote consumer rights, payment fraud prevention, and data privacy protections in retail payment systems. Trade policies prioritize Wireless POS Terminal exports, retail technology innovation, and market access for UK-based POS terminal providers, fostering competitiveness and innovation in global payment processing and retail technology markets.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) Wireless POS Terminal Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Wireless POS Terminal Market - Industry Life Cycle |
3.4 United Kingdom (UK) Wireless POS Terminal Market - Porter's Five Forces |
3.5 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume Share, By Industry , 2021 & 2031F |
4 United Kingdom (UK) Wireless POS Terminal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Wireless POS Terminal Market Trends |
6 United Kingdom (UK) Wireless POS Terminal Market, By Types |
6.1 United Kingdom (UK) Wireless POS Terminal Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By POS Software & Services, 2021-2031F |
6.2 United Kingdom (UK) Wireless POS Terminal Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Portable Countertop & PIN Pad, 2021-2031F |
6.2.3 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By mPOS, 2021-2031F |
6.2.4 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Smart POS, 2021-2031F |
6.2.5 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Other, 2021-2031F |
6.3 United Kingdom (UK) Wireless POS Terminal Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Retail, 2021-2031F |
6.3.3 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Hospitality, 2021-2031F |
6.3.4 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.5 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.6 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Sports & Entertainment, 2021-2031F |
6.3.7 United Kingdom (UK) Wireless POS Terminal Market Revenues & Volume, By Other Industries, 2021-2031F |
7 United Kingdom (UK) Wireless POS Terminal Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Wireless POS Terminal Market Export to Major Countries |
7.2 United Kingdom (UK) Wireless POS Terminal Market Imports from Major Countries |
8 United Kingdom (UK) Wireless POS Terminal Market Key Performance Indicators |
9 United Kingdom (UK) Wireless POS Terminal Market - Opportunity Assessment |
9.1 United Kingdom (UK) Wireless POS Terminal Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 United Kingdom (UK) Wireless POS Terminal Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 United Kingdom (UK) Wireless POS Terminal Market Opportunity Assessment, By Industry , 2021 & 2031F |
10 United Kingdom (UK) Wireless POS Terminal Market - Competitive Landscape |
10.1 United Kingdom (UK) Wireless POS Terminal Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Wireless POS Terminal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |