Point-of-Sale Terminal Market Economic Environmental Analysis and Future Forecast 2030

Point-of-Sale Terminal Market Summary

The global point-of-sale terminal market size was estimated at USD 113.38 billion in 2024 and is projected to reach USD 181.47 billion by 2030, growing at a CAGR of 8.1% from 2025 to 2030. Point-of-Sale (POS) terminals are advanced electronic devices used for processing digital and card-based payments across a wide range of commercial establishments such as retail stores, restaurants, hotels, fuel stations, pharmacies, hospitals, and recreational resorts. These terminals streamline billing operations, improve transaction accuracy, and enhance customer convenience during checkout experiences.

The increasing adoption of cost-effective wireless communication technologies has been a major factor driving market expansion. Wireless POS systems are gaining popularity as they enable swift and secure transaction processing without the need for extensive physical cabling. This wireless flexibility supports efficient operations across both indoor and outdoor environments and is particularly beneficial for businesses requiring mobility, such as food trucks, delivery services, and temporary retail setups. Additionally, rapid digital payment penetration and government initiatives promoting cashless economies are boosting the deployment of POS terminals globally.

Key Market Trends & Insights

• Asia Pacific was the largest revenue-generating regional market in 2024, driven by the high concentration of retail and hospitality sectors and the rapid shift toward digital payments.
• India is expected to register the highest CAGR from 2025 to 2030 due to the country’s expanding fintech ecosystem and supportive regulatory measures encouraging electronic transactions.
• By product, the fixed POS terminal segment dominated the market and accounted for a revenue share of over 58.0% in 2024.
• By component, the hardware segment led the industry with a revenue share of over 62.0% in 2024.
• By deployment mode, the on-premise segment accounted for the largest revenue share of over 71.0% in 2024, supported by its strong presence in large-scale business environments.

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Market Size & Forecast

• 2024 Market Size: USD 113.38 Billion
• 2030 Projected Market Size: USD 181.47 Billion
• CAGR (2025-2030): 8.1%
• Asia Pacific: Largest market in 2024

Key Companies & Market Share Insights

Key players operating in the point-of-sale terminal industry are NCR VOYIX, Oracle Corporation, Toast, Inc., payabl, Revel Systems, and TouchBistro. The companies are focusing on various strategic initiatives, including new product development, partnerships & collaborations, and agreements to gain a competitive advantage over their rivals. The following are some instances of such initiatives.

• In February 2025, NCR Voyix announced a strategic agreement with Worldpay, a UK-based provider of payment technology, to deliver a unified cloud-based software and payment solution tailored for retailers and restaurants. Through this partnership, NCR Voyix aims to integrate Worldpay’s advanced payment acquiring services into its offerings, enabling customers to access a seamless, all-in-one platform for both software management and payment processing.
• In July 2024, Shift4, the parent company of Revel Systems, acquired a majority share in Vectron Systems AG, a European provider of point-of-sale (POS) systems for the restaurant and hospitality sectors. This strategic move is set to significantly expand Shift4's presence across the European market, granting access to Vectron’s extensive customer base and a robust distribution network comprising approximately 300 POS resellers.
• In September 2023, POSaBIT Inc., point-of-sale system provider, launched POSaBIT POS 2.0. POSaBIT POS 2.0 is a scalable, agile, and user-friendly solutions that can adapt to changing market conditions.

Key Players

• Acumera, Inc.
• AURES Group
• HP Development Company, L.P.
• Ingenico
• NCR Voyix
• Oracle Corporation
• POSaBIT Inc.
• Presto Phoenix Inc.
• Revel Systems
• Square
• Toast, Inc.
• Toshiba Global Commerce Solutions
• TouchBistro
• Verifone
• Xenial, Inc.

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Conclusion

The POS terminal market is expected to continue witnessing strong growth as businesses focus on enhancing customer experience and operational efficiency through faster and more secure payment technologies. Increasing preference for digital and contactless transactions, supported by improvements in communication networks, will further accelerate POS terminal adoption. Hardware innovations, cloud-based payment management, and integration of analytics and inventory tracking will also shape market evolution in the coming years. Moreover, emerging markets with rising retail expansion and financial inclusion efforts present major growth opportunities. As digital economies evolve, POS terminals will remain a vital component of modern payment infrastructure across global industries.