Wireless POS Terminal Market Report: Trends, Forecast and Competitive Analysis to 2030

Wireless POS Terminal Trends and Forecast

The future of the global wireless POS terminal market looks promising with opportunities in the retail, hospitality, healthcare, entertainment, and transportation sectors. The global wireless POS terminal market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 12.9% from 2024 to 2030. The major drivers for this market are increasing adoption of digital payments, growth of e-commerce, and growing popularity of mPOS.

A more than 150-page report is developed to help in your business decisions.

Wireless POS Terminal by Segment

The study includes a forecast for the global wireless POS terminal by type, component, application, end use industry, and region.

Wireless POS Terminal Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Portable Countertop and PIN Pad
• mPOS
• Smart POS
• Others

Wireless POS Terminal Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Wireless POS Terminal Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Front End
• Back End

Wireless POS Terminal Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Retail
• Hospitality
• Healthcare
• Entertainment
• Transportation
• Others

Wireless POS Terminal Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Wireless POS Terminal Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless POS terminal companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless POS terminal companies profiled in this report include-

• Ingenico
• Verifone
• First Data
• PAX Global Technology
• NCR
• Diebold Nixdorf
• BBPOS
• Elavon
• Castles Technology
• Winpos

Wireless POS Terminal Market Insights

Lucintel forecasts that portable countertop and PIN pad will remain the largest segment due to its growing demand from retail stores, restaurants, and trade shows and these are relatively inexpensive and easy to use.

Within this market, retail will remain the largest segment due to increasing demand for wireless POS terminals from department store, grocery, and supermarket to process efforless payments for goods and services.

North America is expected to witness highest growth over the forecast period due to increasing demand for wireless POS terminals from the hospitality, healthcare, transportation, and retail sectors of the region.

Features of the Global Wireless POS Terminal Market

Market Size Estimates: Wireless POS terminal market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Wireless POS terminal market size by various segments, such as by type, component, application, end use industry, and region in terms of value ($B).

Regional Analysis: Wireless POS terminal market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, components, applications, end use industries, and regions for the wireless POS terminal market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless POS terminal market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the wireless POS terminal market size?

Answer: The global wireless POS terminal market is expected to reach an estimated $5.4 billion by 2030.

Q.2 What is the growth forecast for wireless POS terminal market?

Answer: The global wireless POS terminal market is expected to grow with a CAGR of 12.9% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the wireless POS terminal market?

Answer: The major drivers for this market are increasing adoption of digital payments, growth of e-commerce and growing popularity of mPOS.

Q4. What are the major segments for wireless POS terminal market?

Answer: The future of the wireless POS terminal market looks promising with opportunities in the retail, hospitality, healthcare, entertainment, and transportation sectors.

Q5. Who are the key wireless POS terminal market companies?

Answer: Some of the key wireless POS terminal companies are as follows:

• Ingenico
• Verifone
• First Data
• PAX Global Technology
• NCR
• Diebold Nixdorf
• BBPOS
• Elavon
• Castles Technology
• Winpos

Q6. Which wireless POS terminal market segment will be the largest in future?

Answer: Lucintel forecasts that portable countertop and pin pad will remain the largest segment due to its growing demand from retail stores, restaurants, and trade shows owing to its affordability and easy to use.

Q7. In wireless POS terminal market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to increasing demand for wireless POS terminals from the hospitality, healthcare, transportation, and retail sectors of the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the wireless POS terminal market by type (portable countertop and PIN pad, mPOS, smart POS, and others), component (hardware, software, and services), application (front end and back end), end use industry (retail, hospitality, healthcare, entertainment, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?