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Point-of-Sale Terminals Market Forecast: What Value Will The Market Reach By 2030?
The point-of-sale terminals market size has shown rapid expansion in recent years. This market is expected to grow from $106.18 billion in 2025 to $118.57 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 11.7%. The growth observed in the past can be attributed to the broadening of retail digitization initiatives, an increase in card-based payment adoption, a heightened demand for quicker checkout experiences, greater penetration of mobile payments, and the adoption of electronic transaction recording.
The point-of-sale terminals market is projected to experience substantial expansion over the upcoming years. It will grow to $185.17 billion in 2030 at a compound annual growth rate (CAGR) of 11.8%. This anticipated growth is driven by factors such as the heightened demand for cashless payment methods, greater incorporation of POS systems with analytics platforms, the proliferation of self-service checkout options, the expanding use of biometric security, and the increased implementation of cloud-based retail software. Key developments expected during this period involve a rise in the uptake of contactless payment terminals, wider deployment of mobile POS systems, enhanced integration of biometric authentication, the broadening of cloud-connected POS platforms, and a stronger emphasis on accepting payments across various channels.
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Point-of-Sale Terminals Market Development Factors: What’s Supporting Demand?
The point-of-sale terminals market is expected to expand, driven by increasing smartphone adoption. A smartphone is defined as a cellular phone equipped with an integrated computer and functionalities not previously common in phones, such as an operating system, web browsing, and the capacity to run software applications. These devices are vital for point-of-sale terminals, serving as a versatile platform for mobile payment processing and enabling businesses to effortlessly accept payments and manage transactions. For instance, Uswitch Limited, a UK-based financial conduct authority, reported that in February 2023, mobile connections in the UK reached 71.8 million, indicating a 3.8% increase from the prior year, adding approximately 2.6 million connections. Furthermore, projections show that the UK’s population will reach 68.3 million by 2025, with an estimated 95% of the population, or about 65 million individuals, owning a smartphone. Therefore, the rising adoption of smartphones is a significant force behind the growth of the point-of-sale terminals market.
Point-of-Sale Terminals Market Segment Performance And Emerging Opportunities
The point-of-sale terminals market covered in this report is segmented –
1) By Product: Mobile, Fixed
2) By Component: Hardware, Software, Service
3) By Application: Restaurants, Hospitality, Retail, Entertainment, Other Applications
Subsegments:
1) By Mobile: Handheld POS Devices, Tablet-Based POS Systems
2) By Fixed: Countertop POS Terminals, Self-Service Kiosks
Point-of-Sale Terminals Market Transformation Trends: What Innovations Are Driving Change?
Leading companies within the point of sale terminals market are concentrating on developing innovative solutions, such as modular all-in-one POS terminals equipped with dual screens and integrated printer architecture. This focus aims to address the increasing demand for streamlined checkout flows, compact footprint solutions for omnichannel retail and hospitality, and an enhanced user experience across both fixed and mobile points of sale. A modular all-in-one POS terminal typically consolidates the central computing unit, a high-resolution main display, an optional customer-facing second screen, and an embedded thermal printer into a unified chassis or base, often featuring concealed cabling and slim bezels. Compared to traditional bulky separate POS system units with external printers and wired peripherals, these modern designs conserve counter space, simplify installation and maintenance, and offer a sleeker aesthetic that aligns with contemporary store layouts. For instance, in July 2024, Posiflex Technology Inc., a Taiwan based POS hardware manufacturing company, introduced the Mozart BT Series, an innovative modular POS terminal solution tailored for retailers and hospitality venues. The Mozart BT Series features a high-performance host unit supporting Intel 13th generation processors or Android 13/Windows 11 OS, a 15″ or 15.6″ oTP main display alongside an optional customer display, and modular components like a detachable thermal printer integrated into the stand, plus side attachments for NFC/MSR/2D barcode readers. Its design effectively hides cables for a clean look, and its small footprint is ideal for boutiques, food & beverage outlets, or convenience store counters.
Point-of-Sale Terminals Market Key Players: Which Companies Lead Industry Competition?
Major companies operating in the point-of-sale terminals market are VeriFone Systems Inc.; Ingenico Group; PAX Technology Limited; NCR Corporation; Toshiba Global Commerce Solutions; Panasonic Corporation; Newland Payment Technology; BBPOS Limited; Toast Inc.; Square Inc.; Sunmi Technology; Elo Touch Solutions; Diebold Nixdorf; Casio Computer Co. Ltd.; Qashier PTE Ltd.; Revel Systems Inc.; TouchBistro Inc.; Xenial Growth; Posist Technologies Pvt. Ltd.; Miura Systems Ltd.; SZZT Electronics Co. Ltd.;
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Point-of-Sale Terminals Market Geographic Spread And Regional Opportunities
Asia-Pacific was the largest region in the point-of-sale terminals market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the point-of-sale terminals market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
