Global Wireless POS Terminal Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Hardware and POS Software & Services.

By Type;

Portable Countertop & PIN Pad, MPOS, Smart POS, and Other Types.

By Industry;

Retail, Hospitality, Healthcare, Transportation, Sports & Entertainment, and Other Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn265292319 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Wireless POS Terminal Market (USD Million), 2021 - 2031

In the year 2024, the Global Wireless POS Terminal Market was valued at USD 8,386.22 million. The size of this market is expected to increase to USD 14,559.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The Global Wireless POS Terminal Market has witnessed robust growth driven by the rapid evolution of payment technologies and the increasing adoption of mobile and contactless payment solutions. Wireless POS terminals enable merchants to accept card payments securely and conveniently, without the constraints of traditional wired setups. These terminals utilize wireless communication technologies such as Bluetooth, Wi-Fi, and NFC (Near Field Communication) to facilitate transactions, offering flexibility in deployment across various retail and hospitality environments.

Key drivers propelling the Global Wireless POS Terminal Market include the growing preference for cashless transactions among consumers, the proliferation of smartphones and tablets as payment devices, and the need for improved transaction efficiency and customer service in retail sectors. Wireless POS terminals empower businesses to enhance operational efficiency, reduce transaction times, and expand payment acceptance options, thereby improving overall customer experience and driving revenue growth. Moreover, the shift towards digital payments, spurred by advancements in secure payment technologies and regulatory support for electronic transactions, further accelerates market adoption across regions.

Regionally, North America dominates the Global Wireless POS Terminal Market, fueled by high consumer adoption of mobile payment solutions, stringent regulations promoting payment security (such as EMV compliance), and a mature retail infrastructure. The region's advanced payment ecosystem, characterized by widespread use of contactless payments and digital wallets, positions it as a key market for wireless POS terminals. Meanwhile, Europe follows with significant market share driven by favorable government policies supporting digital payments and the rapid adoption of smart payment technologies. Emerging economies in Asia-Pacific, Latin America, and Africa are witnessing increasing penetration of wireless POS terminals, driven by economic growth, expanding retail sectors, and government initiatives promoting financial inclusion and digital payment adoption.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Type
    3. Market Snapshot, By Industry
    4. Market Snapshot, By Region
  4. Global Wireless POS Terminal Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Adoption of Mobile Payments
        2. Enhanced Customer Experience
        3. Technological Advancements
      2. Restraints
        1. High Initial Costs
        2. Security Concerns
        3. Connectivity Issues
      3. Opportunities
        1. Growth in E-commerce and Retail Sector
        2. Emerging Markets
        3. Integration with Advanced Technologies
    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 Wireless POS Terminal Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
      2. POS Software & Services
    2. Global Wireless POS Terminal Market, By Type, 2021 - 2031 (USD Million)
      1. Portable Countertop & PIN Pad
      2. mPOS
      3. Smart POS
      4. Other Types
    3. Global Wireless POS Terminal Market, By Industry, 2021 - 2031 (USD Million)
      1. Retail
      2. Hospitality
      3. Healthcare
      4. Transportation
      5. Sports & Entertainment
      6. Other Industries
    4. Global Wireless POS Terminal 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. Ingenico Group (now part of Worldline)
      2. Verifone Systems, Inc.
      3. PAX Technology Ltd.
      4. Square, Inc.
      5. First Data Corporation (now part of Fiserv, Inc.)
      6. NCR Corporation
      7. Fujian Newland Payment Technology Co., Ltd.
      8. Toshiba Tec Corporation
      9. BBPOS Limited
      10. Castles Technology Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market