mPOS Terminals Market Report 2026

The mpos terminals market size has grown exponentially in recent years. It will grow from $47.63 billion in 2025 to $57.18 billion in 2026 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to growth of card-based payments, proliferation of smartphones and tablets, expansion of organized retail, rise of mobile internet connectivity, demand for portable payment solutions.

The mpos terminals market size is expected to see rapid growth in the next few years. It will grow to $117.62 billion in 2030 at a compound annual growth rate (CAGR) of 19.8%. The growth in the forecast period can be attributed to increase in digital wallet usage, growth of cashless economies, rising merchant digitization initiatives, advancements in payment security technologies, expansion of cloud-based pos ecosystems. Major trends in the forecast period include expansion of contactless and tap-to-pay solutions, cloud-based mpos software adoption, AI-driven fraud detection and payment analytics, integration with digital wallets and super apps, energy-efficient and sustainable pos hardware.

The increasing adoption of digital payments is anticipated to drive the growth of the mPOS terminal market in the coming years. Digital payments involve transactions conducted online or via digital channels without the physical exchange of cash. Using near-field communication (NFC), which allows contactless payments by letting users wave one device over another NFC-enabled device, mobile POS systems can accept payments through digital wallets. For example, in October 2025, according to UK Finance, a UK-based financial services trade association, the proportion of UK adults using mobile wallets for online and contactless payments reached 57%, up significantly from 42% in 2023. Consequently, the growing use of digital payments is fueling the expansion of the mPOS terminal market.

Major companies operating in the mPOS terminals market are concentrating on developing innovative platforms, such as the mPOS platform, to achieve a competitive advantage in the market. An mPOS (mobile point-of-sale) platform is a software solution that enables businesses to process payments using a mobile device, such as a smartphone or tablet. For example, in May 2023, SumUp, a UK-based financial technology company, introduced SumUp Terminal Payment SDKs for iOS and Android. The platform allows developers to integrate SumUp's payment system and proprietary card terminals into mobile and web applications. By leveraging SumUp's platform, businesses can eliminate the need to purchase and maintain separate payment terminals. The platform provides developers with greater control over the design and functionality of the payment experience, while also allowing the addition of custom features.

In June 2023, Renesas Electronics Corporation, a Japan-based semiconductor manufacturer, acquired Panthronics AG for an undisclosed amount. This acquisition is expected to provide Renesas with in-house expertise in NFC technology, enabling the company to swiftly capitalize on growing market opportunities. Panthronics AG, based in Austria, specializes in wireless solutions for security, IoT applications, and mPOS terminals.

Major companies operating in the mpos terminals market are Ingenico Group, PAX Global Technology Limited, NCR Corporation, VeriFone Inc., AURES Group, Fiserv Inc., Intuit Inc., New POS Technology Ltd, Newland Auto-ID Tech Co Ltd, PAR Technology, Posiflex Technology Inc., Square Inc., Zebra Technologies Corp., BBPOS Limited, Bitel Co Ltd, Diebold Nixdorf Incorporated, Fujian Newland Payment Technology, HP Development Company L.P., Micros Systems Inc., NEC Corporation, SAMSUNG ELECTRONICS, Shenzhen Zhengtong SZZT Electronics Co Ltd, Adyen N.V., iZettle AB, PayPal Inc., Sage Pay Limited, SumUp Payments UAB.

North America was the largest region in the mPOS terminals market in 2025. The regions covered in the mpos 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 mpos terminals market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The mPOS terminals market consists of revenues earned by entities by providing contactless credit cards, and QR code payment services through mobile-based terminals. The market value includes the value of related goods sold by the service provider or included within the service offering. The mPOS terminals market also includes sales of smartphones, tablets, mobile POS system, card and chip readers, and touch screens which are used in providing mPOS 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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