Mobile Point of Sale Devices Market Report 2026

The mobile point of sale devices market size has grown rapidly in recent years. It will grow from $53.02 billion in 2025 to $61.44 billion in 2026 at a compound annual growth rate (CAGR) of 15.9%. The growth in the historic period can be attributed to proliferation of smartphones and tablets, growth of card-based payments, demand for low-cost payment infrastructure, expansion of retail and hospitality sectors, rising internet penetration.

The mobile point of sale devices market size is expected to see rapid growth in the next few years. It will grow to $101.81 billion in 2030 at a compound annual growth rate (CAGR) of 13.5%. The growth in the forecast period can be attributed to increase in digital wallets and UPI-based payments, rising demand for real-time transaction analytics, growth in mobile workforce and on-the-go businesses, advancements in secure payment authentication, expansion of emerging market retail ecosystems. Major trends in the forecast period include expansion of contactless and cashless payment acceptance, growing adoption among small and medium enterprises, integration of multi-payment and omnichannel capabilities, rising demand for portable and battery-efficient devices, increased customization of mpos software for industry-specific use.

The ongoing expansion of 5G networks is poised to propel the growth of the mobile point-of-sale (mPOS) device market in the foreseeable future. 5G networks represent the fifth generation of wireless cellular technology, offering superior capacity, more dependable connections, and accelerated upload and download speeds. The surge in 5G network expansion, driven by widespread adoption, underscores the increasing demand for fast and reliable data connectivity. Leveraging 5G networks catalyzes mPOS devices by enabling swifter and more reliable connectivity, thereby facilitating seamless transaction processing, elevating user experiences, and fostering broader adoption of mobile payment solutions across diverse retail landscapes. For instance, data from 5G Americas in September 2023 reveals that the 5G penetration rate in North America has soared to an exceptional 40%, with a growth rate of 25.5% recorded in the first half of 2023. Projections indicate that North America's 5G connections are slated to reach a remarkable 669 million by 2028. Hence, the expansion of 5G networks emerges as a key driver fueling the growth of the mPOS device market.

Leading players in the mPOS device market are actively developing mobile applications such as Smartphone TPV to bolster their competitiveness and profitability in this dynamic landscape. Smartphone TPV represents a mobile application that empowers mobile phones to function as point-of-sale devices. For instance, in May 2023, CaixaBank, a Spain-based banking institution, unveiled the Smartphone TPV app. This innovative solution revolutionizes payment acceptance by enabling users to seamlessly handle card transactions of any magnitude using their mobile devices, eliminating the need for supplementary equipment. Notably, it marks the inaugural introduction in Spain by a financial entity of an app capable of transforming a smartphone into a comprehensive POS terminal. Equipped with robust security features akin to traditional POS systems, the app facilitates contactless payments while offering real-time transaction monitoring capabilities.

In March 2023, Ingenico, a prominent France-based payment services provider, completed the acquisition of Phos for an undisclosed sum. This strategic move underscores Ingenico's commitment to expanding its suite of client offerings and fortifying its position as a key player within the payments industry ecosystem. Phos, a UK-based company, specializes in delivering a software-only Point of Sale (SoftPoS) solution that empowers off-the-shelf smartphones or tablets to serve as payment terminals. Through this acquisition, Ingenico endeavors to harness Phos's expertise to further enhance its portfolio and capitalize on the growing demand for innovative mPOS solutions.

Major companies operating in the mobile point of sale devices market are Fiserv Inc, Block Inc, Adyen NV, PAX Technology Limited, Worldline SA, Nexi SpA, Castles Technology Co Ltd, Sunmi Technology Co Ltd, Urovo Technology Co Ltd, Newland Digital Technology Co Ltd, SumUp Payments Limited, Toast Inc, Lightspeed Commerce Inc, Shopify Inc, NCR Voyix Corporation, Diebold Nixdorf Incorporated, Paytm One97 Communications Ltd, Pine Labs Private Limited, Razorpay Software Private Limited, Stripe Inc, Zebra Technologies Corporation, Panasonic Corporation, Toshiba Corporation, Honeywell International Inc, Dejavoo Systems LLC.

North America was the largest region in the mobile point of sale (mPOS) devices market in 2025. The regions covered in the mobile point of sale devices 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 mobile point of sale devices market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The mobile point of sale (mPOS) device market consists of sales of all-in-one POS systems, mobile card readers, and smart phone-based mPOS. 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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