Point of Sale Terminal Market Report 2025 (Global Edition)

Global Point of Sale Terminal Market Report 2024 Market Size Split by Type (Fixed POS, Mobile POS), by Component (POS Terminal, POS Software, Cloud, On-premise, Services, Integration & Implementation,...

Point of Sale Terminal Market Report Description

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Point of Sale Terminal Market Insights Video

Competitive Landscape of the Point of Sale Terminal Market

The Point of Sale (POS) Terminal Market is highly competitive, with key players like Ingenico Group, Verifone Systems, and Square, Inc. leading through innovation and extensive product offerings. These companies compete on technology, reliability, and the ability to offer integrated payment solutions. Emerging players and regional firms also contribute to the market, focusing on niche segments and local needs. Strategic partnerships, mergers, and acquisitions are common as companies seek to expand their market presence and technological capabilities.

June 2024: Newland NPT introduced its latest unattended payment solution, which includes the U2000 modular payment terminal designed for use in kiosks, parking lots, and EV charging stations. Alongside this, the X800 was launched as a versatile wireless POS system. The X800 is specifically designed to support small and medium-sized businesses by streamlining payments, enhancing operational efficiency, and improving customer interaction. (Source: https://www.newlandnpt.com/products/ut/147561.html) December 2023: Qashier, a technology company, partnered with SHEIN, a leading international online fashion and lifestyle retailer. This collaboration was showcased at the SHEIN Holiday Pop-up, demonstrating how technology can enhance the fashion retail experience. Qashier's advanced POS and payment solutions significantly improved the shopping experience for attendees. (Source: https://www.readmargins.com/p/shein-and-the-tech-cold-war) June 2024: QueueBuster and Otipy have formed a strategic partnership that combines QueueBuster’s advanced POS technology with Otipy's innovative use of electric carts in fresh produce retail. This integration will embed QueueBuster’s POS systems into Otipy’s new electric carts, enhancing operational efficiency and improving customer satisfaction. (Source: https://cxotoday.com/press-release/otipy-partners-with-queuebuster-pos-for-powering-its-farm-to-home-electric-carts/)

Top Companies Market Share in Point of Sale Terminal Industry: (In no particular order of Rank)

• Ingenico Group
• Verifone Systems
• Inc.
• Square
• Inc.
• PAX Technology Limited
• NCR Corporation
• Toshiba Global Commerce Solutions
• Diebold Nixdorf
• Incorporated
• Fiserv (First Data Corporation)
• HP Inc.
• Samsung Electronics Co.
• Ltd.
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Point of Sale Terminal Market

Which Region Dominates the Point of Sale Terminal Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the region's advanced retail and hospitality sectors, high adoption of digital payment technologies, and well-established infrastructure. The region's strong consumer preference for seamless, secure transactions drives demand for sophisticated POS systems. Additionally, robust technological advancements, extensive investment in retail technology, and government support for digital payment solutions contribute to North America's leading position in the market.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is growing at the fastest CAGR in the Point of Sale (POS) Terminal Market due to rapid urbanization, increasing consumer spending, and expanding retail and hospitality sectors. The region's growing middle class and rising adoption of digital payments drive demand for advanced POS systems. Additionally, technological advancements and government initiatives promoting financial inclusion further boost the market. The increasing focus on enhancing customer experience and operational efficiency also supports the rapid growth in this region.

The current report Scope analyzes Point of Sale Terminal Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Point of Sale Terminal Market

According to Cognitive Market Research, the global Point of Sale Terminal market size was estimated at USD 105421.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 42168.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Point of Sale Terminal market with a market size of USD 33270.93 million in 2024 and is projected to grow at a CAGR of 6.6% during the forecast period. High adoption of advanced payment technologies, including contactless and mobile payment solutions is driving the Point of Sale Terminal market.
• The Canada Point of Sale Terminal market had a market share of USD 5060.22 million in 2024 and is projected to grow at a CAGR of 7.6% during the forecast period. Canada's the need for integrated payment solutions is driving the Point of Sale Terminal market.
• The Mexico Point of Sale Terminal market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 3837.33 million in 2024.

Europe Point of Sale Terminal Market

According to Cognitive Market Research, the global Point of Sale Terminal market size was estimated at USD 105421.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 31626.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.

• The United Kingdom Point of Sale Terminal market had a market share of USD 5313.23 million in 2024 and is projected to grow at a CAGR of 7.9% during the forecast period. In the UK, Point of Sale Terminal sales witness an upswing due to increasing adoption of digital payment solutions and stringent regulations promoting secure transactions is driving the Point of Sale Terminal market.
• The France Point of Sale Terminal market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 2909.63 million in 2024.
• According to Cognitive Market Research, the German Point of Sale Terminal market size was valued at USD 6262.02 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In Germany, Point of Sale Terminal surged due to the presence of major market players.
• The Italy Point of Sale Terminal market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 2719.87 million in 2024.
• The Russia Point of Sale Terminal market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 4902.09 million in 2024.
• The Spain Point of Sale Terminal market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 2593.36 million in 2024
• The Luxembourg Point of Sale Terminal market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 980.42 million in 2024.
• The Portugal Point of Sale Terminal market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 664.15 million in 2024.
• The Greece Point of Sale Terminal market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 379.52 million in 2024.
• Rest of Europe's Point of Sale Terminal market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 4902.09 million in 2024.

Asia Pacific Point of Sale Terminal Market

According to Cognitive Market Research, the global Point of Sale Terminal market size was estimated at USD 105421.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 24246.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.6% from 2024 to 2031.

• According to Cognitive Market Research, the China Point of Sale Terminal market size was valued at USD 10911.09 million in 2024 and is projected to grow at a CAGR of 10.1% during the forecast period. Point of Sale Terminal surged in China due to rapid urbanization, expanding retail sectors, and increasing adoption of digital payment technologies.
• The Japan Point of Sale Terminal market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 3346.07 million in 2024.
• The India Point of Sale Terminal market had a market share of USD 2909.63 million in 2024 and is projected to grow at a CAGR of 12.4% during the forecast period. India's rapid urbanization, expanding retail sectors, and increasing adoption of digital payment technologies is driving Point of Sale Terminal market.
• The South Korean Point of Sale Terminal market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 2424.69 million in 2024.
• The Australian Point of Sale Terminal market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 1260.84 million in 2024.
• The South East Asia Point of Sale Terminal market is projected to witness growth at a CAGR of 11.6% during the forecast period, with a market size of USD 1673.03 million in 2024.
• The Rest of Asia Pacific Point of Sale Terminal market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 1721.53 million in 2024.

South America Point of Sale Terminal Market

According to Cognitive Market Research, the global Point of Sale Terminal market size was estimated at USD 105421.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 5271.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Point of Sale Terminal market size was valued at USD 2256.01 million in 2024 and is projected to grow at a CAGR of 8.6% during the forecast period. Point of Sale Terminals flourished in Brazil due to increasing digital payment adoption and expanding retail environments.
• Argentina's Point of Sale Terminal market had a market share of USD 885.54 million in 2024 and is projected to grow at a CAGR of 8.9% during the forecast period. Argentina's technological advancements in payment solutions augment the demand of Point of Sale Terminal market.
• Colombia Point of Sale Terminal market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 469.12 million in 2024.
• Peru Point of Sale Terminal market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 432.23 million in 2024.
• Chile Point of Sale Terminal market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 379.52 million in 2024.
• The Rest of Latin America's Point of Sale Terminal market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 848.64 million in 2024.

Middle East and Africa Point of Sale Terminal Market

According to Cognitive Market Research, the global Point of Sale Terminal market size was estimated at USD 105421.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 2,05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031..

• The GCC Countries Point of Sale Terminal market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 902.41 million in 2024. Point of Sale Terminal sales flourish due to the presence of major market players.
• The Egypt Point of Sale Terminal market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 221.38 million in 2024.
• The South Africa Point of Sale Terminal market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 333.13 million in 2024. Point of Sale Terminal sales flourish in South Africa due to increasing retail expansion and rising adoption of digital payment methods.
• The Turkey Point of Sale Terminal market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 181.32 million in 2024.
• The Nigeria Point of Sale Terminal market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 221.38 million in 2024.
• The Rest of MEA Point of Sale Terminal market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 248.79 million in 2024.

{middle_east_and_africa_end}

Point of Sale Terminal Market Analysis

Point of Sale Terminal Market Type Segment Analysis

According to Cognitive Market Research, Fixed POS stands out as the dominant category. The Fixed POS Type captured the largest market share in the Point of Sale (POS) Terminal Market due to its robust features, reliability, and extensive use in retail and hospitality environments. Fixed POS systems offer comprehensive functionalities, such as inventory management, sales reporting, and customer data integration, which are crucial for large-scale operations. Their durability and capability to handle high transaction volumes make them a preferred choice for businesses seeking stability and efficiency in their payment processes.

The Mobile POS Type is growing at the highest CAGR in the Point of Sale (POS) Terminal Market due to its flexibility, ease of use, and ability to enhance customer service. Mobile POS systems allow businesses to process transactions anywhere, streamline operations, and improve the customer experience by offering on-the-go payment options. The rise of small and medium-sized enterprises, coupled with increasing consumer preference for mobile and contactless payments, further drives the rapid adoption of mobile POS solutions.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Point of Sale Terminal Industry. Request a Free Sample PDF!

Point of Sale Terminal Market Component Segment Analysis

According to Cognitive Market Research, the dominant category is POS Terminal. The POS Terminal Component captured the largest market share in the Point of Sale (POS) Terminal Market due to its critical role in facilitating transactions and managing sales operations. Key components like card readers, touchscreens, and receipt printers are essential for efficient POS functionality. Their integration into fixed and mobile POS systems enables businesses to process payments, manage inventory, and generate sales reports effectively, making them fundamental to the overall POS ecosystem.

The POS Software Component is growing at the highest CAGR in the Point of Sale (POS) Terminal Market due to its increasing role in enhancing operational efficiency and customer experience. Advanced POS software offers features like real-time inventory management, data analytics, and integrated customer relationship management (CRM). As businesses seek more sophisticated solutions to optimize sales processes and gain insights, the demand for versatile and scalable POS software solutions is rapidly expanding.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Point of Sale Terminal End-user Segment Analysis

Point of Sale Terminal Market Component Segment Analysis

According to Cognitive Market Research, the dominant category is Retail. The Retail End-user captured the largest market share in the Point of Sale (POS) Terminal Market due to its high transaction volume and diverse needs for efficient payment processing. Retail businesses rely on POS systems for managing sales, inventory, and customer data to streamline operations and enhance the shopping experience. The need for reliable, integrated POS solutions in various retail formats—such as stores, boutiques, and supermarkets—drives the dominant market share held by the retail sector.

The Restaurants End-user is growing at the highest CAGR in the Point of Sale (POS) Terminal Market due to the increasing demand for efficient, integrated systems that streamline order management, payments, and customer service. Restaurants benefit from advanced POS solutions for handling diverse payment methods, managing tables, and analyzing sales data. The growing trend towards digital and contactless payments, along with the need for enhanced operational efficiency in dining establishments, fuels the rapid growth in this segment.

• Retail
• Restaurants
• Healthcare
• Hospitality
• Entertainment
• Others

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion