Retail POS Terminals Market Report 2026

The retail pos terminals market size has grown rapidly in recent years. It will grow from $29.69 billion in 2025 to $33.35 billion in 2026 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to growing adoption of credit/debit cards, expansion of retail chains, rising demand for faster checkout, emergence of small and medium retail stores, limited digital payment infrastructure.

The retail pos terminals market size is expected to see rapid growth in the next few years. It will grow to $51.84 billion in 2030 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to increasing shift to omnichannel retail, rising adoption of mobile wallets, advancements in pos software analytics, growing demand for contactless and self-service kiosks, integration of AI and IoT in pos systems. Major trends in the forecast period include mobile payment integration, contactless payment adoption, cloud-based pos solutions, real-time inventory tracking, customer loyalty & engagement programs.

The rising adoption of cashless payments is playing a key role in the expansion of the retail POS terminals industry in the coming years. Cashless payments are transactions made or received without the use of physical cash, including payments via credit/debit cards, cheques, demand drafts, national electronic funds transfer, real-time gross settlement, or other online methods. In retail environments, POS terminals facilitate cashless transactions such as credit and debit card payments through software that reads magnetic strips and also handle other digital payments like mobile transactions. For example, in July 2025, the Bangko Sentral ng Pilipinas, the central banking authority of the Philippines, reported that digital retail payments represented 57.4% of total transaction volume in 2024, reflecting a year-on-year rise of 4.6 percentage points compared to 2023. Consequently, the growth of cashless payments is fueling the retail POS terminals industry.

Major companies operating in the retail POS terminals market are concentrating on creating intelligent payment acceptance solutions, such as AI-enabled POS devices, to boost transaction speed, customer interaction, and in-store operational performance. AI-enabled POS devices are advanced payment terminals that merge conventional point-of-sale hardware with artificial intelligence and software functionalities to handle digital payments while offering features like voice interaction, real-time transaction processing, and data-driven retail insights. For example, in November 2025, ToneTag, an India-based payment technology firm, introduced RetailPOD 3.0, an AI-enabled payment acceptance device aimed at helping retailers process digital payments, engage with customers, and support assisted selling at the point of sale, including voice-guided transactions, integrated QR and sound-based payment acceptance, and built-in analytics tools. RetailPOD 3 enhances checkout speed, improves customer experience, and enables smarter retail operations by combining payment processing with AI-powered engagement features.

In June 2024, Shift4 Payments, a US-based technology company, acquired Revel Systems for an undisclosed amount. Through this acquisition, Shift4 sought to enhance its end-to-end commerce and payments ecosystem by broadening its POS software capabilities and increasing its footprint across retail and hospitality sectors. Revel Systems is a US-based technology firm that offers cloud-based point-of-sale software and integrated management solutions for retail and restaurant businesses, covering payments, inventory management, customer engagement, and operational analytics.

Major companies operating in the retail pos terminals market are Epicor Software Corporation, Ingenico Group, NCR Corporation, Panasonic Corporation, PAX Technology Inc., Samsung Electronics Co. Ltd., Toshiba Corporation, VeriFone Systems Inc., Shopify Inc., Zettle by PayPal, Block Inc., Lightspeed Commerce, Clover Network LLC, Cegid Group, Ctac N.V., Fujitsu Ltd., Casio Computer Co. Ltd, Diebold Nixdorf, Agilysys Inc., GK Software SE, Infor Inc., Aptos Inc., Toast Inc., TouchBistro Inc., Bindo Labs Inc., SumUp, Clip.

North America was the largest region in the retail POS terminals market in 2025. The regions covered in the retail pos terminals market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the retail pos terminals market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The retail POS terminals market consists of revenues earned by entities by providing counter POS systems, in-store POS systems, card and chip reader POS systems and touchscreen POS system services. The market value includes the value of related goods sold by the service provider or included within the service offering. The retail POS terminals market also includes sales of barcode scanners, credit card readers, cash drawers and receipt printers which are used in providing retail POS terminal services. 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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