Mobile Card Reader Market Insights Video

According to Cognitive Market Research, the global Mobile Card Reader market size is USD 13548.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 17.20% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 5419.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.4% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4064.58 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3116.18 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.2% from 2024 to 2031.
• Latin America had a market share for more than 5% of the global revenue with a market size of USD 677.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.6% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 270.97 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.9% from 2024 to 2031.
• The on-premise category has the largest market share in 2023.