Point-of-Sale Terminals Market Report 2025

This Point-of-Sale Terminals report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The point-of-sale terminals market size has grown strongly in recent years. It will grow from $99.99 billion in 2024 to $107.16 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to digital payment adoption, regulatory compliance, mobile and wireless connectivity, consumer preferences and convenience, small business integration, expansion into various industries.

The point-of-sale terminals market size is expected to see rapid growth in the next few years. It will grow to $169.69 billion in 2029 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to rapid digital transformation, contactless payment adoption, mobile pos solutions, e-commerce integration. Major trends in the forecast period include contactless payment solutions, omnichannel integration, mobile pos (MPOS) systems, enhanced security measures, cloud-based pos solutions, technological advancements.

The anticipated rise in demand for contactless and cashless payments is set to propel the growth of the point-of-sale terminal market. Cashless and contactless payments represent a payment method devoid of physical cash, serving as a computerized replacement for traditional cash registers. Point-of-sale terminals facilitate transactions through card payments, enabling cashless purchases. For example, as reported by the India Brand Equity Foundation in June 2022, contactless transactions constituted 25% of all supermarket transactions in 2020, a figure that increased to 31% by 2022. This underscores the growing preference for contactless and cashless payments, a trend driving the expansion of the point-of-sale terminal market.

The increasing adoption of smartphones is poised to drive the growth of the point-of-sale terminals market. Smartphones, characterized by built-in computers and additional functionalities like operating systems, web browsing, and software program execution, play a pivotal role in point-of-sale terminals. They serve as versatile platforms for mobile payment processing, enabling businesses to seamlessly manage transactions and accept payments. For instance, according to Uswitch Limited in February 2023, mobile connections in the UK reached 71. 8 million, indicating a 3. 8% increase from the previous year. The projected smartphone ownership of 95% of the UK's population, around 65 million individuals, by 2025 further emphasizes the increasing role of smartphones in driving the point-of-sale terminals market.

Major companies in the point-of-sale terminals market are developing advanced products like Android point-of-sale (PoS) terminals to improve transaction efficiency and enhance user experience. Android point-of-sale (PoS) terminals are electronic devices that operate on the Android operating system and are utilized by businesses to process sales transactions. For example, in August 2023, BharatPe, an India-based fintech company, launched BharatPeSwipe Android. This Android point-of-sale (PoS) terminal is designed to support a variety of payment methods, including debit/credit cards, UPI, mobile wallets, and QR codes. Operating on Android 10, it offers a user-friendly interface and features a long-lasting battery that supports fast charging. Merchants can accept payments through dynamic QR codes generated by the machine and can also print physical receipts for these transactions.

Leading companies in the point-of-sale terminal market are placing a heightened focus on the introduction of mobile Android point-of-sale (POS) terminals to gain a competitive advantage. These terminals, typically handheld devices like smartphones or tablets running on the Android operating system, come equipped with specialized POS software. In January 2022, Adyen, a Netherlands-based e-commerce company, launched mobile Android point-of-sale terminals in the EU, UK, and US. These comprehensive mobile devices support payment acceptance through the Adyen payments platform, eliminating the need for separate cash registers, barcode scanners, and customer-facing displays.

In March 2023, Ingenico, a France-based payment service provider, executed the acquisition of Phos for an undisclosed amount. This strategic move is expected to enhance Ingenico's offering of payment acceptance via smartphones, complementing its Payments Platform as a Service (PPaaS) business and strengthening its position in the payments sector. Phos, a UK-based company specializing in software-only point-of-sale solutions, aligns with Ingenico's goal to broaden its capabilities and market presence.

Major companies operating in the point-of-sale terminals market include Samsung Electronics Co. Ltd., NEC Corporation, Panasonic Corporation, Toshiba Corporation, VeriFone Systems Inc., Qashier PTE Ltd., Newland Payment Technology, GK Software SE, PAX Technology Limited, iMetrics Pte Ltd, Acrelec Group SAS, AURES Technologies SA, NCR Corporation, Presto Group LLC, Qu Inc., Quail Digital Limited, Revel Systems Inc., Toast Inc., TouchBistro Inc., Xenial Inc., Posist Technologies Private Limited, Ingenico Group S. A., BBPOS Limited, Honeywell International Inc.

Asia-Pacific was the largest region in the point-of-sale terminals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the point-of-sale terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the point-of-sale terminals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

A point-of-sale (POS) terminal is a computerized replacement for a cash register that requires the entry of a card PIN to complete a transaction, processing both debit and credit cards. This method of payment enhances security by eliminating potential user errors during transactions. POS terminals are utilized for accepting payments and tracking sales.

The primary types of POS terminals are mobile and fixed. Mobile terminals are small, hand-held devices equipped with a display screen featuring touch input and a QWERTY keyboard, and they may also offer telephony capabilities. The components involved in POS systems include hardware, software, and services. Various technologies, including biometric and traditional POS systems operated by Windows, Linux, and Mac, find application in industries such as restaurants, hospitality, healthcare, retail, warehouse, entertainment, and others.

The point-of-sale terminal market research report is one of a series of new reports that provides point-of-sale terminal market statistics, including point-of-sale terminal industry global market size, regional shares, competitors with a point-of-sale terminal market share, detailed point-of-sale terminal market segments, market trends and opportunities, and any further data you may need to thrive in the point-of-sale terminal industry. This point-of-sale terminal market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The point-of-sale terminal market consists of revenues earned by entities by providing self-service terminals, legacy software and cloud computing terminals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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