PUBLISHER: Grand View Research | PRODUCT CODE: 1771614
PUBLISHER: Grand View Research | PRODUCT CODE: 1771614
Handheld Point Of Sale Market Summary
The global handheld point of sale market size was estimated at USD 30.07 billion in 2024 and is projected to reach USD 74.07 billion by 2033, growing at a CAGR of 10.3% from 2025 to 2033, driven by the increasing adoption of cashless transactions and digital payments. As consumers and businesses shift toward convenient, secure, and contactless payment methods, the demand for portable point of sale (POS) devices has surged..
The growing emphasis on mobility and operational efficiency in the retail and hospitality sectors also contributes to the growth of handheld POS industry. Handheld POS devices allow staff to process transactions anywhere within a store or restaurant, reducing customer wait times and improving service quality. This is particularly beneficial for businesses with high customer turnover, such as quick-service restaurants (QSRs), cafes, and pop-up shops. The integration of advanced features such as inventory management, customer relationship management (CRM), and real-time analytics further enhances the appeal of handheld POS systems, enabling businesses to streamline operations and make data-driven decisions. For instance, in June 2024, Posiflex Technology Inc. launched the Opera MT-6200 Series, sleek mobile POS tablets with Android 13 or Windows 11 IoT, in x86 and RISC versions.
Technological advancements and the increasing affordability of handheld POS solutions are also fueling market growth. Modern devices now come with improved battery life, faster processors, and enhanced connectivity options such as Bluetooth, Wi-Fi, and 4G/5G. Moreover, the rise of cloud-based POS systems has made it easier for small and medium-sized businesses (SMBs) to adopt these solutions without significant upfront investments. The competitive pricing of handheld POS terminals, coupled with subscription-based and pay-as-you-go models, has made them accessible to a broader range of merchants.
Global Handheld Point Of Sale Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global handheld point of sale market report based on component, product type, operating system, application, and region