The Global Point of Sales (POS) Terminal Market size was valued at around USD 113.38 billion in 2024 and is projected to reach USD 186.41 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.64% during the forecast period, i.e., 2025-30. according to MarkNtel Advisors Study.
Global Point of Sales (POS) Terminal Market Driver:
Increasing Adoption of EMV Across Multiple Sectors – A surge in the adoption of Europay, MasterCard, and Visa Card (EMV) is being observed lately. This is due to the standard mandatory regulations, low probability of theft and fraud, increasing e-commerce, acceptance of digital payments, etc. The cyberattacks have increased in recent years across the globe due to consumer cyber footprint, lack of integration of anti-theft applications and software, monetary benefits of hackers, etc. As per the IT Governance Ltd., a UK-based IT solution firm, approximately 35 billion breaches of worth were recorded in 2024, across the world, primarily in the USA, Russia, China, etc. Such increasing cyberattacks have increased the awareness among consumers, resulting in the adoption of EMV, which are chip-integrated payment cards that generate a unique encrypted code for each transaction, resulting in providing an extra security against increasing cyberattacks worldwide.
The stringent regulation of the governments of countries such as the US, India, the EU, etc., has standardized the EMV chip-integrated debit and credit cards for transactions. The Reserve Bank of India (RBI) has mandated the replacement of preexisting magnetic strip chip-based cards with EMV chip cards by the end of 2018, and further, EMV cards are being issued in the country by the banking sector.
For the transaction through EMVs, POS terminals are required for processing the payments across multiple sectors such as retail, healthcare, hospitality, etc. Thus, to reduce cyber footprints, remain protected from cyber attackers, and the stringent government norms have increased the adoption of EMVs has increased, further increasing the demand for POS terminals.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Point of Sales (POS) Terminal Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Component
- Hardware – Market Size & Forecast 2020-2030, USD Million
- POS Terminal Software – Market Size & Forecast 2020-2030, USD Million
- By Type
- Fixed-Market Size & Forecast 2020-2030, USD Million
- Mobile-Market Size & Forecast 2020-2030, USD Million
- Others (Barcode Scanner, Receipt Printer, Cash Drawer)-Market Size & Forecast 2020-2030, USD Million
- By Operating System
- Window/Linux- Market Size & Forecast 2020-2030, USD Million
- Android- Market Size & Forecast 2020-2030, USD Million
- iOS- Market Size & Forecast 2020-2030, USD Million
- By Deployment
- On-Premises- Market Size & Forecast 2020-2030, USD Million
- Cloud- Market Size & Forecast 2020-2030, USD Million
- By Technology
- Biometric- Market Size & Forecast 2020-2030, USD Million
- Traditional- Market Size & Forecast 2020-2030, USD Million
- By End User
- Hospitality- Market Size & Forecast 2020-2030, USD Million
- Healthcare-Market Size & Forecast 2020-2030, USD Million
- Entertainment- Market Size & Forecast 2020-2030, USD Million
- Retail-Market Size & Forecast 2020-2030, USD Million
- Warehouse- Market Size & Forecast 2020-2030, USD Million
- Others (Gas Station, Transportation, etc.)-Market Size & Forecast 2020-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Advantech Aures, HP Development Company, L.P., Ingenico, NCR Voyix, Oracle Corporation, POSaBIT Inc., Revel Systems, Square, Toast Inc., Toshiba Global Commerce Solutions, TouchBistro, Verifone, Xenial, Inc., Fujian Newland Payment Technology Co., Ltd., and Others. are looking forward to strengthening their market positions.
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Global Point of Sales (POS) Terminal Industry Recent Development:
2025: NCR Voyix, announced its partnership with Worldpay with the mission to strengthen its global reach offering cloud-based POS services.
2024: Advantech successfully concluded the acquisition of Aures and introduced the merger as Advantech Aures.
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