The Europe handheld Point of Sale (POS) market is poised for significant growth, driven by the increasing adoption of digital payments, the expansion of retail and hospitality sectors, and the rising popularity of mobile and portable POS systems. This report provides an in-depth analysis of the market trends, key players, and growth drivers over the period from 2025 to 2032.
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The European POS terminal market, which includes handheld POS systems, is projected to exhibit a robust growth trajectory. While the overall European POS terminal market is expected to reach USD 20.94 million by 2033 with a CAGR of 12.80% from 2025 to 20331, the handheld segment is anticipated to grow at a similar or slightly higher rate due to its flexibility and convenience. For this analysis, we will assume a CAGR of approximately 13% for the handheld POS segment, reflecting its increasing adoption in various industries.
By Type: The market can be segmented into fixed and mobile/portable POS systems. Handheld POS systems fall under the mobile/portable category, which is gaining popularity due to their ease of use and flexibility.
By End-User Industry: The retail sector is the largest consumer of handheld POS systems, followed by hospitality, entertainment, and healthcare. These industries benefit from the mobility and efficiency offered by handheld POS solutions.
Digital Payments: The shift towards digital payments is a significant driver for the handheld POS market. Governments across Europe are promoting cashless transactions, which increases the demand for mobile POS systems.
Retail and Hospitality Growth: The expansion of retail stores and hospitality businesses creates a higher demand for efficient and portable payment solutions.
Technological Advancements: Innovations in cloud-based POS solutions and mobile technology enhance the functionality and appeal of handheld POS systems.
The European POS terminal market is highly concentrated, with major players like Ingenico Group, Worldline, Verifone, NCR Corporation, and PAX Technology dominating the market1. These companies are focusing on strategic collaborations and acquisitions to maintain their market share. The handheld POS segment is expected to see similar competitive dynamics, with companies investing in R&D to develop more advanced and user-friendly products.
Regulatory Compliance: POS terminals must comply with strict regulations such as PCI compliance and EMV chip card support, which can be challenging for smaller players.
Competition from Mobile Payment Apps: While POS terminals offer security and reliability, mobile payment apps are becoming increasingly popular, posing a potential threat to traditional POS systems.
The future of the Europe handheld POS market looks promising, with growth driven by technological advancements and increasing demand for mobile payment solutions. As businesses continue to adopt digital payment methods, the demand for handheld POS systems is expected to rise, contributing to the overall growth of the European POS terminal market.