North America Point of Sale (POS) Terminals Market was valued at USD 2.2 Billion in 2022 and is projected to reach USD 3.8 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The North American Point of Sale (POS) terminals market is rapidly evolving, driven by advancements in technology, increasing consumer demand for contactless payments, and the growing need for businesses to streamline transactions. As of recent reports, the market is expected to grow significantly in the coming years, with industries adopting more sophisticated POS systems to enhance operational efficiency and customer experience.
One of the primary applications of POS terminals in North America is in retail environments. Retailers utilize POS systems to manage transactions, track inventory, and streamline sales processes. Modern POS systems now feature features like real-time analytics, loyalty programs, and integration with e-commerce platforms, all of which improve customer retention and sales conversion rates. The integration of cloud-based solutions has also made it easier for businesses to manage multiple locations from a central hub.
Another key application is in the hospitality industry. Restaurants and hotels have increasingly adopted POS terminals to improve order processing and payment handling. With touch-screen interfaces and seamless integration with kitchen display systems, waitstaff can quickly send orders directly to the kitchen, reducing wait times and minimizing errors. Additionally, mobile POS solutions allow for table-side payment processing, enhancing the overall customer experience.
Industries such as healthcare are also integrating POS terminals to manage patient billing, insurance claims, and payments. Hospitals and clinics benefit from secure, PCI-compliant payment solutions, which improve patient convenience and reduce administrative workload.
For industries to effectively meet the demands of modern consumers, POS terminals must be versatile, secure, and capable of supporting various payment methods, including mobile wallets, EMV chips, and QR codes. In addition, there is an increasing demand for systems that offer data protection, as businesses face growing concerns around cybersecurity and compliance with privacy regulations.
As businesses in various sectors continue to adopt more sophisticated POS systems, the North America Point of Sale (POS) Terminals Market is poised for continued growth.
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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 North America 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
North America (United States, North America 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 North America 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. North America Point of Sale (POS) Terminals Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Point of Sale (POS) Terminals Market, By Type
6. North America Point of Sale (POS) Terminals Market, By Application
7. North America Point of Sale (POS) Terminals Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Point of Sale (POS) Terminals Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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