PUBLISHER: TechSci Research | PRODUCT CODE: 1879260
PUBLISHER: TechSci Research | PRODUCT CODE: 1879260
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The Global POS Terminal Market, valued at USD 92.10 Billion in 2024, is projected to experience a CAGR of 9.19% to reach USD 156.08 Billion by 2030. A Point-of-Sale (POS) terminal constitutes an electronic system facilitating customer transactions, commonly found across retail, hospitality, and service sectors for payment processing, inventory tracking, and sales reporting. The global POS terminal market experiences growth driven by the increasing adoption of digital payment methods, including contactless transactions and mobile wallets, alongside the demand for efficient inventory management. Enhancing customer experience and adhering to regulatory compliance further support this expansion. According to the National Retail Federation (NRF), transactions using biometrics, integrated into advanced POS systems, increased by 138% from 2023 to 2024, indicating evolving payment preferences.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 92.10 Billion |
| Market Size 2030 | USD 156.08 Billion |
| CAGR 2025-2030 | 9.19% |
| Fastest Growing Segment | Cloud |
| Largest Market | Asia Pacific |
Key Market Drivers
The increasing adoption of digital and contactless payment methods significantly influences the global POS terminal market. Consumers increasingly prefer swift and secure tap-and-go transactions, compelling retailers to upgrade systems for these preferences. This widespread shift necessitates POS terminals equipped with Near Field Communication technology, driving demand for advanced hardware and software. According to Mastercard, December 2024, in its "10 top payments trends for 2025" report, contactless payments now account for more than two out of every three in-person purchases on its network, highlighting the essential nature of these payment options. This evolution directly impacts manufacturers and developers of POS terminals, requiring innovation in integrated payment gateways and versatile acceptance capabilities.
Key Market Challenges
The substantial initial investment required for advanced Point-of-Sale (POS) system implementation represents a significant impediment to the growth of the global POS terminal market. This challenge disproportionately affects small and medium-sized enterprises (SMEs) that often operate with limited capital and tighter budgets. The upfront expenditure encompasses not only the hardware components such as terminals, scanners, and printers, but also software licenses, installation services, and initial staff training.
Key Market Trends
The increasing adoption of cloud-based Point of Sale (POS) architectures represents a fundamental shift in retail operations, moving away from conventional on-premise systems toward more agile, scalable, and digitally integrated environments. This transition enables enhanced operational flexibility, real-time access to transactional data, and seamless connectivity with multiple business applications, allowing retailers to respond swiftly to changing market conditions. In addition to improving efficiency, cloud-based POS systems reduce infrastructure complexity and frequently lower ongoing operational costs. Reflecting this transformation, CoinLaw reported that cloud-based POS adoption in the retail sector reached 72% in 2025, underscoring the scale of this industry-wide migration. Further illustrating strategic innovation, the collaboration between Zebra Technologies and Salesforce, announced at Dreamforce 2025, introduced a joint Retail Cloud POS solution on Android, designed to equip frontline associates with instant access to critical operational and customer data.
In this report, the Global POS Terminal Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global POS Terminal Market.
Global POS Terminal Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: