Point-Of-Sale (POS) Terminals Market Size, Share Global Analysis Report, 2026-2034

Industry Insights

[228+ Pages Report] According to Facts & Factors, the global point-of-sale (POS) terminals market size was estimated at USD 107.75 billion in 2025 and is expected to reach USD 241 billion by the end of 2034. The point-of-sale (POS) terminals industry is anticipated to grow by a CAGR of 9.46% between 2026 and 2034. The point-of-sale (POS) terminals Market is driven by the increasing adoption of digital and contactless payment methods.

Market Overview

The point-of-sale (POS) terminals market encompasses hardware and software solutions designed to facilitate secure and efficient transaction processing at retail, hospitality, and service outlets, integrating payment acceptance with inventory management, customer data tracking, and operational analytics to enhance business efficiency and customer experience.

Key Insights

• As per the analysis shared by our research analyst, the global point-of-sale (POS) terminals market is estimated to grow annually at a CAGR of around 9.46% over the forecast period (2026-2034).
• In terms of revenue, the global point-of-sale (POS) terminals market size was valued at around USD 107.75 billion in 2025 and is projected to reach USD 241 billion by 2034.
• The market is driven by the rising demand for contactless payments and digital transaction solutions across retail and hospitality sectors.
• Based on the product type, the fixed POS terminals segment dominated the market with a 57% share due to its reliability and integration capabilities in high-volume transaction environments.
• Based on the component, the hardware segment dominated with a 64% share owing to the essential role of physical devices in enabling secure payment processing.
• Based on the end-user, the retail segment held the largest share at 55% because of the need for efficient checkout and inventory management in diverse retail settings.
• Asia Pacific dominated the global market with a 35% share, driven by rapid retail expansion and digital payment adoption in emerging economies.

Growth Drivers

• Rising Adoption of Contactless and Digital Payments

The global shift toward cashless economies has significantly boosted the demand for advanced POS terminals capable of handling contactless transactions, mobile wallets, and QR code payments. This trend is particularly evident in retail and hospitality sectors, where consumers prioritize speed and hygiene in payments.

Government initiatives promoting digital payments and the integration of NFC technology in smartphones further accelerate this growth, enabling seamless transactions and reducing reliance on cash.

Opportunities

• Integration of AI and Analytics in POS Systems

The incorporation of artificial intelligence and data analytics into POS terminals presents opportunities for personalized customer experiences and predictive inventory management. Retailers can leverage real-time data to optimize operations and enhance decision-making.

This innovation allows businesses to analyze consumer behavior, forecast trends, and improve supply chain efficiency, creating new revenue streams through targeted marketing and loyalty programs.

Restraints

• High Initial Implementation Costs

The substantial upfront costs associated with deploying advanced POS systems, including hardware, software, and training, pose a barrier for small and medium-sized enterprises. This financial hurdle can delay adoption in cost-sensitive markets.

Additionally, ongoing maintenance and upgrade expenses further strain budgets, limiting market penetration in developing regions with limited capital access.

Challenges

• Cybersecurity Threats and Data Privacy Concerns

Increasing cyberattacks on payment systems challenge the POS terminals market, as breaches can lead to significant financial losses and erosion of consumer trust. Ensuring robust security measures is critical amid evolving threats.

Regulatory compliance with data protection standards adds complexity, requiring continuous investment in security infrastructure to safeguard sensitive transaction information.

Report Scope

Market Segmentation

The point-of-sale (POS) terminals market is segmented by product type, component, end-user, and region.

Based on Product Type Segment, the point-of-sale (POS) terminals market is divided into fixed POS terminals and mobile POS terminals. The fixed POS terminals segment is the most dominant, holding approximately 57% market share, due to its stability and suitability for high-traffic environments like supermarkets and restaurants, where it supports complex integrations and reliable performance. The mobile POS terminals segment is the second most dominant, offering flexibility for on-the-go transactions in pop-up shops and events, driving market growth by enabling seamless customer interactions and expanding payment options beyond traditional setups.

Based on Component Segment, the point-of-sale (POS) terminals market is divided into hardware, software, and services. The hardware segment dominates with about 64% share, as it forms the core infrastructure for transaction processing, including terminals and peripherals essential for secure and efficient operations across industries. The software segment follows as the second dominant, providing customizable interfaces and analytics that enhance user experience and operational efficiency, contributing to market expansion by integrating with emerging technologies like cloud computing.

Based on End-User Segment, the point-of-sale (POS) terminals market is divided into retail, hospitality, healthcare, entertainment, and others. Retail is the leading segment with around 55% share, driven by the need for fast checkouts and inventory management in diverse store formats, making it a key driver for overall market growth. Hospitality ranks second, benefiting from POS systems that streamline ordering and payment in restaurants and hotels, fostering efficiency and customer satisfaction amid rising digital adoption.

Recent Developments

• In September 2025, Verifone launched a new cloud-connected POS terminal series with AI-powered analytics for retail chains, enhancing transaction predictions and inventory management.
• In August 2025, Ingenico introduced self-checkout kiosks supporting biometric authentication, deployed in over 500 European retail stores to improve security and speed.
• In July 2025, PAX Technology released an Android-based mobile POS device with multi-language support and QR code processing, shipping over 1 million units in Asia-Pacific.
• In June 2025, NCR Voyix partnered with a major U.S. retailer to upgrade legacy systems to cloud-based POS, focusing on omnichannel integration.
• In April 2025, Posiflex unveiled the GT-7100 Series POS terminal for retail and hospitality, featuring fan-free design and IP-65 rated panels for durability.

Regional Analysis

• Asia Pacific to dominate the global market

The Asia Pacific region leads the POS terminals market due to rapid economic growth, expanding retail sectors, and high adoption of digital payments in countries like China and India.

North America exhibits strong growth in POS terminals, driven by advanced retail infrastructure and widespread contactless payment adoption, particularly in the United States, where omnichannel retailing integrates online and in-store experiences seamlessly.

Europe's market emphasizes secure and compliant POS systems, with countries like Germany and the UK focusing on data privacy regulations while adopting cloud-based solutions for enhanced operational efficiency.

Latin America's POS market is expanding through increased e-commerce and mobile payment penetration, with Brazil leading in contactless transactions amid efforts to modernize retail and reduce cash dependency.

The Middle East & Africa region sees growing POS adoption in hospitality and retail, driven by tourism in the UAE and South Africa, where digital transformation initiatives promote cashless economies and improved customer services.

Competitive Analysis

The global point-of-sale (POS) terminals market is dominated by players:

• Verifone Systems Inc.
• Ingenico Group
• PAX Technology
• NCR Voyix
• Toshiba Corporation
• Diebold Nixdorf Inc.
• Square Inc.
• Oracle Corporation
• Revel Systems
• Posiflex Technology Inc.
• Hewlett Packard Enterprise
• NEC Corporation
• Panasonic Holdings Corporation
• Samsung Electronics Co. Ltd.
• Zebra Technologies Corp.

The global point-of-sale (POS) terminals market is segmented as follows:

By Product Type

• Fixed POS Terminals
• Mobile POS Terminals

By Component

• Hardware
• Software
• Services

By End-User

• Retail
• Hospitality
• Healthcare
• Entertainment
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America