How big is the POS Terminal Market?

The POS Terminal Market size is expected to reach USD 100.24 billion in 2024 and grow at a CAGR of 8.68% to reach USD 151.97 billion by 2029. Read More

What is the current POS Terminal Market size?

In 2024, the POS Terminal Market size is expected to reach USD 100.24 billion. Read More

Who are the key players in POS Terminal Market?

VeriFone System Inc., Qashier PTE Ltd, Newland Payment Technology, GK Software SE and PAX Technology are the major companies operating in the POS Terminal Market. Read More

Which is the fastest growing region in POS Terminal Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in POS Terminal Market?

In 2024, the Asia-Pacific accounts for the largest market share in POS Terminal Market. Read More

What years does this POS Terminal Market cover, and what was the market size in 2023?

In 2023, the POS Terminal Market size was estimated at USD 91.54 billion. The report covers the POS Terminal Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the POS Terminal Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of the POS Terminal Market?

Key factors driving the POS Terminal Market are a) Increasing adoption of cashless transactions among consumers b) Need for efficient transactional processes in businesses c) Advancements in wireless communication technology Read More

POS Terminal Market Share Analysis: Trends, Size, Growth, and Forecast

Point of Sale Terminal Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Report Covers POS Terminal Market Growth and It is Segmented by Component (Hardware, Software, Service), Type (Fixed Point of Sale Terminals, Mobile/Portable Point of Sale Terminals), End-User Industry (Entertainment, Hospitality, Healthcare, Retail), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Point of Sale (POS) Terminal Industry Overview

The Point of Sale Terminal Market is significantly fragmented with the presence of a large number of players such as iMetrics Pte Ltd, Samsung Electronics Co. Ltd, Panasonic Corporation, Casio Computer Co. Ltd, NEC Corporation, PAX Technology, and many more. Moreover, these players are investing large amounts of money in R&D activities to introduce innovative payment technologies in the market. Strict government regulations and policies in several countries will drive the market, making it more attractive and competitive.

June 2024 - Newland NPT unveiled its newest unattended payment solution. This offering features the U2000 modular payment terminal, specifically crafted for deployment in kiosks, car parks, and EV charging stations. Complementing this, the X800 stands out as a comprehensive wireless POS system. It's tailored to empower small and medium enterprises, facilitating seamless payments, operational efficiency, and enriched customer engagement.
December 2023 - Qashier, a tech company, teamed up with SHEIN, a prominent global online fashion and lifestyle retailer. This collaboration was highlighted at the SHEIN Holiday Pop-up, underscoring the seamless integration of technology and fashion. Qashier's cutting-edge POS and payment solutions notably elevated the retail experience for all attendees.