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 serve as essential electronic devices used to process card-based payments across a diverse range of establishments, including retail stores, restaurants, hotels, gas stations, pharmacies, hospitals, and resorts. Their ability to facilitate quick and secure financial transactions has made them a critical component of modern business operations.

The increasing adoption of cost-effective wireless communication technologies has played a major role in accelerating the expansion of the POS terminal market. By utilizing wireless connectivity, these systems allow seamless and efficient processing of payments for goods and services, reducing dependence on traditional wired infrastructure.

Restaurants, bars, and food service providers depend heavily on POS technologies to boost operational efficiency. These systems help streamline day-to-day activities such as order management, inventory tracking, product movement monitoring, and sales analysis, thereby supporting smoother workflows. Modern POS solutions typically integrate multiple hardware components, including cash registers, barcode scanners, computers, and digital displays, to enable both online and offline transactions with improved accuracy and convenience.

Market growth is further supported by the rising adoption of mobile-based POS terminals, continuous advancements in payment technologies, and widespread implementation of EMV (Europay, Mastercard, and Visa) standards, which enhance payment security. Additionally, the increasing use of POS systems in the e-commerce and retail sectors is significantly contributing to the overall growth of the market, as businesses continue to prioritize flexible, secure, and efficient payment processing solutions.

Key Market Trends & Insights:

• The Asia Pacific region emerged as the largest revenue-generating market in 2024, reflecting strong adoption of digital payment technologies, rapid growth in retail and hospitality sectors, and increasing penetration of modern POS systems across both developed and emerging economies. Within the region, India is expected to register the highest CAGR from 2025 to 2030, supported by rising digitalization, government initiatives promoting cashless transactions, and the expanding presence of SMEs adopting POS solutions.

• By product, the fixed segment dominated the market, accounting for over 58.0% of the revenue share in 2024. This dominance is attributed to the widespread use of fixed terminals in large retail chains, supermarkets, and hospitality establishments that require stable, high-volume transaction processing.

• By component, the hardware segment led the market with over 62.0% of the revenue share in 2024. This reflects the continued demand for essential POS hardware such as terminals, scanners, printers, monitors, and card readers, which form the core of operational infrastructure across various industries.

• By deployment mode, the on-premise segment dominated the market and accounted for over 71.0% of the revenue share in 2024. Many businesses continue to prefer on-premise solutions due to their enhanced control over data security, system customization, and reliability in managing high transaction volumes.

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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 include NCR VOYIX, Oracle Corporation, Toast, Inc., payabl, Revel Systems, and TouchBistro. These companies are actively engaging in a variety of strategic initiatives—such as new product development, partnerships, collaborations, and formal agreements—to strengthen their competitive position and expand their market presence. Such efforts are aimed at enhancing product capabilities, improving customer experience, and broadening their global footprint. The following examples highlight some of these noteworthy initiatives.

In February 2025, NCR Voyix announced a strategic agreement with Worldpay, a UK-based payment technology provider, to introduce a unified cloud-based software and payment solution tailored specifically for retailers and restaurants. Through this partnership, NCR Voyix plans to integrate Worldpay’s advanced payment acquiring services into its existing offerings, allowing customers to benefit from a seamless, all-in-one platform that supports 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 major European provider of point-of-sale systems for the restaurant and hospitality industries. This acquisition is expected to substantially expand Shift4’s presence in the European market by providing access to Vectron’s extensive customer base and its well-established distribution network, which includes approximately 300 POS resellers.

In September 2023, POSaBIT Inc., a point-of-sale system provider, launched POSaBIT POS 2.0. This new system is designed to be scalable, agile, and user-friendly, offering businesses a flexible solution capable of adapting to evolving market conditions. The introduction of POSaBIT POS 2.0 further underscores the company’s commitment to technological advancement and improved customer experience in the POS industry.

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 point-of-sale (POS) terminal market is expected to experience significant growth driven by increasing demand for efficient payment processing solutions across numerous industries, including retail, hospitality, healthcare, and others. Growth is supported by widespread adoption of advanced technologies, shifts in consumer payment preferences, and the integration of POS systems with broader business operations such as inventory and sales management. The market’s expansion is further encouraged by trends like wireless connectivity, contactless payments, and enhanced functionality that improves operational efficiency for businesses.