Hospitality POS Terminals Market size was valued at USD 3.92 Billion in 2024 and is forecasted to grow at a CAGR of 10.3% from 2026 to 2033, reaching USD 9.21 Billion by 2033.
The global Hospitality POS Terminals Market was valued at approximately USD 18.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.6% from 2023 to 2030. The increasing adoption of contactless payments, the growth of the hospitality industry, and the rise in demand for advanced point of sale solutions are contributing to the markets expansion. North America dominated the market in 2022, accounting for nearly 40% of the global market share, driven by the high penetration of advanced technologies and the presence of a large number of hospitality establishments. The region is expected to maintain a significant share during the forecast period due to the increasing demand for automation and the convenience offered by modern POS systems in restaurants, hotels, and resorts.
Europe and Asia Pacific are also key regions exhibiting strong growth in the Hospitality POS Terminals Market. The European market is anticipated to grow at a CAGR of 9.8% due to the steady demand for seamless customer service and the increasing number of tourists visiting European destinations. Meanwhile, the Asia Pacific region, with a CAGR of 12.2%, is projected to experience rapid expansion driven by the booming hospitality industry, particularly in countries like China and India. The increasing investment in digitalization, coupled with a large untapped market, presents considerable opportunities for vendors in these regions. Latin America and the Middle East & Africa are also expected to witness steady growth owing to the expanding travel and tourism sectors in these regions.
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Ingenico S.A.
NCR Corporation
MICROS Systems
Inc
PAX Technology Limited
VeriFone Systems
Inc
Cisco Systems
Inc
Hewlett-Packard Company
Toshiba Corporation
Panasonic Corporation
Samsung Electronics Co.
Ltd.
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. 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 Hospitality POS Terminals Market
Fixed POS Terminals
Mobile POS Terminals
Smart POS Terminals
Hardware
Software
Hotel Management
Restaurant Management
Other Hospitality Operations
Card Payments
Contactless Payments
Mobile Payments
On-premise
Cloud-based
US (United States, US 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 Hospitality 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 Hospitality POS Terminals Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Hospitality POS Terminals Market, By Type
6. Global Hospitality POS Terminals Market, By Application
7. Global Hospitality POS Terminals Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Hospitality POS Terminals Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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