The Market Reports

Synopsis

The global market for Point of Sale (POS) Terminals was estimated to be worth US$ 16041 million in 2024 and is forecast to a readjusted size of US$ 21034 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Point of Sale (POS) Terminals cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Point-of-sale (POS) terminals are integrated hardware and software solutions for electronic payment and transaction processing, commonly deployed in retail, hospitality, healthcare, and other commercial environments. These systems handle card swipes, QR code scanning, NFC contactless payments, and mobile transactions, while also providing inventory management, sales analytics, and customer relationship management (CRM) capabilities. Modern POS devices increasingly feature touchscreens, cloud-based synchronization, and real-time data analytics, playing a pivotal role in merchants' digital transformation and operational efficiency enhancement.In 2024, global Point-of-sale (POS) terminals production reached approximately 162 m units, with an average global market price of around US$ 98 per unit.

The global shift toward digital payments is fuelling steady demand for POS terminals. Consumer preference for faster, safer, and more seamless transactions has accelerated the adoption of wireless, mobile, and cloud-based POS systems. Smart upgrades and multifunctional integration are driving POS evolution from mere payment tools to comprehensive business platforms. Government policies promoting financial inclusion and cashless transactions also propel accelerated POS replacement in emerging markets, offering abundant industry growth opportunities.

Though growth prospects are strong, the POS sector faces significant challenges. Rapid hardware and software life cycles increase investment pressure on merchants. Security and compliance concerns—particularly adherence to standards like PCI DSS—raise development and operational thresholds. Fragmented technology ecosystems complicate system compatibility and maintenance, while cost sensitivity among SMEs constrains demand for premium POS solutions.

On the downstream front, demand is accelerating for versatile payment solutions. Fixed POS systems remain dominant in large retail and dining environments. However, mobile POS (mPOS) and SoftPOS, valued for their portability and hardware-free deployment, are rapidly penetrating emerging use cases like table-side service, pop-up retail, and micro merchants. Increasing cloud deployments integrated with CRM and marketing systems empower merchants with real-time analytics and customer personalization. The push toward cashless ecosystems and enhancing customer experience is becoming the key driver of the next POS industry transformation.

This report aims to provide a comprehensive presentation of the global market for Point of Sale (POS) Terminals, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Point of Sale (POS) Terminals by region & country, by Type, and by Application.

The Point of Sale (POS) Terminals market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Point of Sale (POS) Terminals.

Market Segmentation

By Company

• Ingenico
• Verifone
• PAX
• Newland Payment
• LIANDI
• Xin Guo Du
• New POS Technology
• Bitel
• CyberNet
• Castles Technology
• SZZT
• Magic Cube Electronics
• NCR
• Fujian Centerm Information

Segment by Type

• Traditional POS Tterminal
• Smart POS Terminal

Segment by Application

• Financial Institutions
• Third-Party Payment Institutions
• Other

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.