Published by TMR Research Insights
Posted on October 11, 2021
5 min readLast updated: January 29, 2026
The POS terminal market is set to reach $184.2 billion by 2030, with a CAGR of 11.3%. North America leads, while Asia Pacific shows rapid growth.
The global point-of-sale (POS) terminal market is projected to reach US$ 184.2 Bn by 2030. The point-of-sale (POS) terminal market is projected to expand at a CAGR of 11.3% from 2020 to 2030. The expansion of the point-of-sale (POS) terminal market can be attributed to the rise in demand for mobile POS terminals, and enhanced customer experience and low total cost of ownership (TCO) compared to conventional channels of payment. North America is anticipated to lead the global point-of-sale (POS) terminal market in terms of revenue, followed by Europe, during the forecast period.
Small Businesses Hold Potential Opportunity with Falling Total Cost of Ownership
Small business owners are expected to opt for mobile computers that can run POS applications via the Internet. Until recently, POS systems were primarily found in large-sized retail stores and in the hospitality sector. However, the demand for mobile point-of-sale (mPOS) solutions from small sized businesses and stores is expected to rise. Furthermore, this trend is more prominent in emerging economies such as India and China, as the retail sector in these countries is dominated by small and often unorganized retail stores. According to the India Brand Equity Foundation (IBEF), the Indian retail market was valued at US$ 600 Bn in 2015, of which, organized retail accounted for 8%. Thus, a significantly large part of the point-of-sale (POS) terminal market still remains untapped.
Request a Sample –
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=458
mPOS solutions make it possible for small and medium scale businesses to leverage and deploy their front and back office functions with a single platform. For instance, using their POS-enabled mobile phones, retailers are able to enhance their sales by increasing the customer engagement level and simultaneously tracking their inventory. Payment solutions need to be simple and easy to implement in order to be considered reliable. Small businesses are expected to opt for POS systems that can support better services and can be used for customer database management. Thus, mPOS solutions are expected to become more popular than traditional solutions in the POS market
Point-of-Sale (POS) Terminal: Market Segmentation
The global point-of-sale (POS) terminal market has been segmented based on component, device type, application, and region. In terms of component, the point-of-sale (POS) terminal market has been segmented into POS terminal devices, POS software (cloud and on-premise), and services (consulting, integration & implementation, and support & maintenance). In terms of device type, the market is segmented into fixed POS and portable/ mobile POS. The application segment of the point-of-sale (POS) terminal market has been bifurcated into restaurants, hospitality, healthcare, retail, warehouse/ distribution, entertainment, and others (field service, government, and transportation).
Ask for Brochure –
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=458
Point-of-Sale (POS) Terminal Market: Regional Outlook
In terms of region, the global point-of-sale (POS) terminal market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominated the global point-of-sale (POS) terminal market and accounted for 34.6% market share in 2019. It is likely to maintain its dominance during the forecast period. The point-of-sale (POS) terminal market in North America is estimated to expand at a growth rate (CAGR) of 11.5% during the forecast period.
The point-of-sale (POS) terminal market in Asia Pacific is projected to expand at the fastest CAGR of 14.1% during the forecast period, due to advent of advanced payment technologies such as NFC and EMV, integrated with the growing adoption of payment options. The point-of-sale (POS) terminal market in Europe and South America is expected to expand moderately during the forecast period.
The report provides in-depth segment analysis of the global point-of-sale (POS) terminal market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which offer considerable opportunities or account for significant share has also been included as part of geographic analysis of the point-of-sale (POS) terminal market.
Buy Our Premium Research Report –
https://www.transparencymarketresearch.com/checkout.php?rep_id=458<ype=S
Point-of-Sale (POS) Terminal Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global point-of-sale (POS) terminal market. Key players profiled in the report include Ingenico S.A., NCR Corporation, NEC Corporation, PAX Technology Ltd., Wincor Nixdorf International (Diebold Nixdorf), and others.
Read Our Latest News Publication –
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
The article discusses the growth and forecast of the global POS terminal market, projected to reach $184.2 billion by 2030.
The growth is driven by the demand for mobile POS solutions, enhanced customer experience, and lower total cost of ownership.
North America is leading the POS terminal market, followed by Europe, with significant growth expected in Asia Pacific.
Explore more articles in the Research Reports category
