Mobile POS Grows to $2 Billion Market in North America

New Research from IHL Group

In This Issue

Mobil POS

Hype to Reality

2013 Study

Mobile in retail is now a $5.7 Billion business worldwide and one that continues to grow rapidly. It is the single fastest moving trend in retail since Internet was added to the stores.

This 40 page report has 21 figures, and is designed for use by Mobile POS Hardware and Software Providers, Maintenance Providers, Retailers and others who might have a vested interest in the North American Mobile Point-of-Sale Market.

Mobility Meets Retail's Big Data-10th Annual RIS News / IHL Store Systems Study

In our 10th Annual study with RIS News we interview retailers on their future store systems buying decisions. This study covers everyting from POS, to mobile payment, to printers, to scanners, to big data, to workforce management and overall IT Spend and Store Growth plans. It is the first research of 2013.

2013 North American Retail POS Terminal Market Study

2012 was a strong year for POS shipments to the Retail and Hospitality Industries. This study focuses on the Retail POS market in North America for 2012-2017 and includes shipment, installed base and trend analysis of POS devices.

2013 Asia/Pacific Retail POS Terminal Market Study

Asia/Pacific Region continues to be the highlight of wordwide POS growth. This study contains 24 figures and 64 pages, including shipment installed base and trend analysis for POS throughout the Asia/Pacific region.

2013 EMEA Retail POS Terminal Market Study

The sovereign debt crisis in Europe is having an effect on POS shipments, though the 2012 EMEA POS market was the best of the pervious five years. What does 2013 hold? This study details POS Terminal shipments by country and the nuances therein.

POS Terminal

Shipments

by Vendor

Customers have asked for POS Shipments by vendor and IHL has produced. We provide shipments and installed base on a quarterly and annual basis for vendors such as Toshiba, General Commerce (IBM), NCR, HP, Wincor-Nixdorf, Fujiitsu, Dell, Micros, Digipos, and many others.

Our Sponsors

Mobile POS Grows to $2 Billion Market in North America, But Retailers Separating Hype and Reality

Retailers rethink speed of adoption to fix operational issues

(Click the photo at left for more detail on how to get the study)

FRANKLIN, Tenn. May 21, 2013 - From the C-Level on down, the buzz about Mobile in Retail has been increasing ever since Apple began using mobile devices in their stores. The use of Tablets (such as the iPad) is growing fast with shipments increasing at a rate of 38% in 2013 according to a new study research firm IHL Group titled Mobile POS: Hype to Reality. In addition, this year the Mobile POS market will surpass $2 Billion in hardware/software sales in North America.

According to the study, 28% of North American retailers plan to adopt Mobile POS in some form by the end of 2013. An event greater number (33%), however, are not planning Mobile POS at all within the next 3 years. The adoption is very dependent on the type of retailer and volume of transactions.

"Mobile POS continues to receive a lot of hype and some specific announcements have received a lot of press," said Greg Buzek, president of IHL Group. "But the vast majority of retailers are taking a slow and methodical approach to the use of Mobile for POS. There are key operational issues in device and merchandise security, cash handling, payments, bags, customer service levels and traffic flow that must be worked through or the use of the devices will be disruptive in a negative way for retailers."

Mobile POS: Hype to Reality looks at the current state of Mobile POS, the adoption rates of various retail verticals, and the shipment and installed based details by type of device (Rugged Handheld, Non-Rugged Handheld, and Consumer Level Tablets). The study also provides forecasts for shipments and installed base of these devices, as well as an estimate of the impact that these devices will have on the use of traditional POS hardware. Finally, it includes operational best practices (For instance, avoiding the "Momma Duck Syndrome".

Other key findings of the research include the following:

Specialty Retailers are deploying about 45% of all tablets shipped to retail for POS. They are most popular in small independent retailers of all types and large mall-based specialty chains.

Across North America, retail Mobile POS devices will cannibalize 12.4% of traditional POS shipments by 2016. The highest are of replacement will be Department Stores and Specialty Soft Goods retailers.

Over 85% of larger retailers suggest for the next three years mobile POS will be additive to number of transaction points in their stores rather than a replacement for traditional fixed POS stations.

The Mobile POS: Hype to Reality study and other research reports on the POS industry are available immediately from the company website, www.ihlservices.com

Thanks so much,

Greg

Greg Buzek

President - IHL Group

http://www.ihlservices.com

Follow Me on Twitter www.twitter.com/gregbuzek

+1.615-591-2955

IHL Group is a global research and advisory firm specializing in technologies for the retail and hospitality industries. The company, based in Franklin, Tenn., generates timely data reports, offers advisory services and serves as the leading retail technology spokesperson for industry and vendor events.