Point of Sale (POS) Terminals Market was valued at USD 16.1 Billion in 2022 and is projected to reach USD 28.4 Billion by 2030, growing at a CAGR of 7.2% from 2024 to 2030.
The global Point of Sale (POS) Terminals Market experienced significant growth from 2018 to 2022, driven by the increasing adoption of digital payment solutions, the rise of e-commerce, and the expansion of contactless payment technologies. Businesses in various sectors, from retail to hospitality, increasingly adopted POS systems to enhance transaction efficiency and improve customer experience. The growing trend toward cashless transactions and the shift towards more secure payment methods led to a surge in demand for advanced POS terminals that could support a wide range of payment methods, including mobile wallets, QR codes, and EMV chip cards. According to market analysis, the global POS terminals market was valued at several billion dollars, and this upward trajectory was expected to continue throughout the period.
Despite the challenges presented by the COVID-19 pandemic, which temporarily disrupted global supply chains and affected consumer behavior, the POS terminals market showed resilience. During the pandemic, contactless payments gained popularity due to health and safety concerns, pushing businesses to adopt advanced POS systems that enabled safe, touchless transactions. This shift was particularly evident in sectors such as food services and retail, where POS terminals with integrated mobile payment solutions saw increased demand. Furthermore, cloud-based POS systems began gaining traction as businesses sought flexible, scalable solutions that could integrate easily with other software platforms, improving operational efficiency.
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Ingenico
Verifone
PAX
NCR
Posiflex
ParTech
Moneris
Senor Tech
Newland Payment
Fujian LIANDI
Xin Guo Du
New POS Technology
Bitel
CyberNet
Castles Technology
SZZT Electronics
First Data
NEXGO
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Point of Sale (POS) Terminals Market
Financial Institutions
Third-party Payment Institutions
Based on Types the Market is categorized into Below types that held the largest Point of Sale (POS) Terminals market share In 2023.
Fixed POS Terminals
Wireless POS Terminals
Mobile POS Terminals
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Point of Sale (POS) Terminals Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Point of Sale (POS) Terminals Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Point of Sale (POS) Terminals Market, By Type
6. Global Point of Sale (POS) Terminals Market, By Application
7. Global Point of Sale (POS) Terminals Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Point of Sale (POS) Terminals Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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