Global Point-of-Sale (POS) Terminals Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Fixed POS Terminal and Wireless and Mobile POS Terminal.

By Application;

Retail, Hospitality, Healthcare and Warehouse.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn145407070 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Point-of-Sale (POS) Terminals Market (USD Million), 2021 - 2031

In the year 2024, the Global Point-of-Sale (POS) Terminals Market was valued at USD 109,039.11 million. The size of this market is expected to increase to USD 194,263.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.

The global Point-of-Sale (POS) terminals market has been experiencing significant growth due to the increasing adoption of digital payment methods and the growing demand for efficient and secure payment processing solutions. POS terminals, which facilitate transactions by reading credit and debit cards, are becoming increasingly popular in retail, hospitality, healthcare, and other sectors. The shift towards cashless economies, driven by government initiatives and consumer preferences, has further accelerated the adoption of POS systems. Additionally, the COVID-19 pandemic has highlighted the importance of contactless payments, pushing businesses to upgrade their POS infrastructure to support these transactions.

Technological advancements are also a major driving force in the POS terminals market. Modern POS systems are equipped with advanced features such as cloud-based operations, integration with inventory management systems, and analytics capabilities. These features provide businesses with valuable insights into sales trends, customer behavior, and inventory levels, helping them to optimize operations and enhance customer experiences. The rise of mobile POS (mPOS) systems, which offer flexibility and ease of use, has further expanded the market, particularly among small and medium-sized enterprises (SMEs) that require cost-effective and scalable solutions.

Regionally, North America and Europe have been leading the POS terminals market due to their advanced retail infrastructures and high adoption rates of digital payment technologies. However, the Asia-Pacific region is expected to witness the fastest growth in the coming years, driven by the rapid digitalization of economies such as China and India, increasing smartphone penetration, and the expanding e-commerce sector. Key players in the market, including Ingenico Group, Verifone Systems, and Square, are focusing on strategic partnerships, product innovations, and geographic expansions to strengthen their market positions and cater to the evolving needs of businesses across the globe.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Point-of-Sale (POS) Terminals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Adoption of Contactless Payments
        3. Retail Sector Growth
      2. Restraints
        1. High Setup Costs
        2. Data Security Concerns
        3. Integration Issues
      3. Opportunities
        1. Emerging Markets Expansion
        2. Advanced POS Solutions Development
        3. E-commerce and Omni-channel Growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Point-of-Sale (POS) Terminals Market, By Product, 2021 - 2031 (USD Million)
      1. Fixed POS Terminal
      2. Wireless and Mobile POS Terminal
    2. Global Point-of-Sale (POS) Terminals Market, By Application, 2021 - 2031 (USD Million)
      1. Retail
      2. Hospitality
      3. Healthcare
      4. Warehouse
    3. Global Point-of-Sale (POS) Terminals Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cisco Systems Inc
      2. MICROS Systems.
      3. MICROS Systems Inc.
      4. Hewlett-Packard Company
      5. Panasonic Corporation
      6. Toshiba Corporation
      7. PAX Technology Limited
      8. Hewlett-Packard Company
      9. Panasonic Corporation
      10. Toshiba Corporation
  7. Analyst Views
  8. Future Outlook of the Market