The installed base for mobile point-of-sale is growing at a compound annual growth rate of 32 percent as the technology extends its reach into businesses, big and small, across a variety of
industries and geographies, according to a new report from 451 Research. At this rate, the research firm forecasts there will be 54.03 million installed mPOS units by 2019, up from 13.3 million units
today.
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