Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Regions (Asia Pacific, Europe, North America, Middle East & Africa and Rest of World), By Key Countries and Competitive Landscape.
Product Code: ETC000936 | Publication Date: Oct 2021 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Point of Sale (POS) Market |
Report Category / Coverage | Global |
Forecast Period | 2025-2031 |
Market Size | USD 148 Billion by 2031 |
CAGR | 10% |
Growing Sector | Retail |
Point of Sale (POS) Market report thoroughly covers the by POS terminal types, by region and by end user. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Point of Sale (POS) Market has been experiencing significant growth over the past few years. As of 2025, the global market is valued at approximately $92 billion. Further, the Global Market is projected to expand at a CAGR of 10% from 2025 to 2031. Additionally, by 2031, the market size is expected to reach around $148 billion.
The point of sale (POS) market is experiencing significant growth, driven by advancements in technology and the increasing adoption of digital payment systems globally. Retailers and businesses are transitioning from traditional cash registers to sophisticated POS systems that offer comprehensive inventory management, customer relationship management, and sales analytics. This shift is largely motivated by the need for efficient transaction processes, improved customer experiences, and enhanced data security. Emerging trends in the POS market include the integration of cloud-based solutions, mobile payment options, and contactless transactions, which are revolutionizing the way businesses operate.
According to 6Wresearch, the Point of Sale (POS) Market revenue is expected to reach at a significant CAGR of 10% during the forecast period 2025-2031. Key drivers include the increasing adoption of mobile and cloud-based POS systems, which offer businesses flexibility and scalability. The demand for integrated payment solutions that combine different sales channels and payment methods into a seamless experience is also propelling market growth. Additionally, the rise of contactless payments and the need for enhanced customer insights are encouraging more businesses to upgrade their POS systems.
Data security remains a significant concern as cyber threats become more sophisticated, necessitating robust encryption and fraud detection measures. Furthermore, small and medium-sized businesses often struggle with the cost of upgrading to advanced POS systems. Lastly, the pace of technological change can make it difficult for businesses to keep up-to-date with the latest systems and features, leading to potential integration issues with existing infrastructure.
The point-of-sale (POS) market is dominated by several leading players who have revolutionized the way transactions are conducted globally. At the forefront is Square, known for its user-friendly and versatile POS solutions that cater to businesses of all sizes. Intuit's QuickBooks also holds a significant position, offering seamless financial management integration with its POS systems. Furthermore, NCR Corporation remains a strong contender, providing reliable and innovative solutions across various retail and hospitality sectors. Clover, a subsidiary of First Data, has set benchmarks with its adaptable and scalable POS technology that supports diverse business models. These companies continue to innovate and shape the future of point-of-sale systems, focusing on enhancing transaction efficiency, data security, and user experience.
Government regulations have increasingly influenced the point-of-sale (POS) market, aiming to enhance consumer protection, data security, and financial transparency. One notable regulation is the requirement for compliance with the Payment Card Industry Data Security Standard (PCI DSS), which mandates businesses to implement stringent measures to protect cardholder data during transactions. Additionally, many governments have introduced regulations that necessitate POS systems to support digital receipts and paperless transactions as part of broader environmental initiatives. The adoption of the General Data Protection Regulation (GDPR) in Europe has also affected how businesses handle personal data, ensuring greater transparency and consent from consumers.
The point-of-sale (POS) market is poised for significant evolution and growth in the coming years, driven by technological advancements and shifting consumer expectations. Future POS systems are expected to integrate artificial intelligence for personalized customer experiences, while also enhancing security measures with biometric authentication and blockchain technology. Mobile and cloud-based solutions will become increasingly prevalent, allowing businesses to streamline operations and access real-time data analysis. Additionally, as the Internet of Things (IoT) expands, POS devices will likely connect seamlessly with other smart devices to create a more cohesive and efficient retail environment.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6wresearch, Mobile Point of Sale (POS) systems are revolutionizing the Point of Sale (POS) Market by offering businesses increased flexibility and efficiency in handling transactions. Unlike traditional, stationary POS systems, mobile POS solutions allow retailers to process sales, manage inventory, and gather customer data using portable devices such as tablets and smartphones. This mobility enables retailers to engage directly with customers on the sales floor, reducing wait times and enhancing the shopping experience. Moreover, mobile POS systems are cost-effective, eliminating the need for extensive hardware while providing scalability for businesses of any size.
The retail and e-commerce sectors play a pivotal role in the point of sales (POS) market, driving technological advancements and consumer expectations. With the increasing demand for seamless shopping experiences, retailers are adopting advanced POS systems that integrate both in-store and online operations. These systems not only facilitate transactions but also manage inventory, track customer preferences, and support targeted marketing efforts. The rise of mobile payments and contactless technologies has further transformed the retail landscape, offering consumers faster and more convenient ways to complete purchases.
The Asia-Pacific (APAC) region has emerged as a key player in the point of sales (POS) market, driven by rapid urbanization and increasing consumer spending. This growth is further bolstered by the booming retail sector and the widespread adoption of digital payment solutions across countries like China, India, and Japan. Companies in the APAC region are increasingly investing in POS technologies that offer seamless integration with e-commerce platforms, providing retailers with a unified view of their inventory and sales processes. Moreover, the penetration of smartphone usage and the rise of contactless payment methods have accelerated the demand for advanced POS systems.
POS Terminals Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. POS Market Overview |
3.1 Indicators |
3.2 POS Market Revenues & Volume, 2021 - 2031F |
3.3 POS Market Revenue Share, By Terminals Types, 2021 & 2031F |
3.4 POS Market Revenue Share, By End-Users, 2021 & 2031F |
3.5 POS Market Revenue Share, By Regions, 2021 & 2031F |
3.6 POS Market - Industry Life Cycle |
3.7 POS Market - Porter’s Five Forces |
4. POS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. POS Market Trends |
6. POS Market Overview, By Terminals Types |
6.1 POS Market Revenues & Volume, By Portable, 2021 - 2031F |
6.2 POS Market Revenues & Volume, By Countertop, 2021 - 2031F |
6.3 POS Market Revenues & Volume, By Mobile POS, 2021 - 2031F |
6.4 POS Market Revenues & Volume, By PIN Pad, 2021 - 2031F |
6.5 POS Market Revenues & Volume, By Multimedia, 2021 - 2031F |
7. POS Market Overview, By End-Users |
7.1 POS Market Revenues & Volume, By Hospitality & Healthcare, 2021 - 2031F |
7.2 POS Market Revenues & Volume, By Retail & e-Commerce, 2021 - 2031F |
7.3 POS Market Revenues & Volume, By Government & Transportation, 2021 - 2031F |
7.4 POS Market Revenues & Volume, By Others, 2021 - 2031F |
8. North America POS Market Overview |
8.1 North America POS Market Revenues & Volume, 2021 - 2031F |
8.2 North America POS Market Revenues, By Terminals Types, 2021 - 2031F |
8.3 North America POS Market Revenues, By End-Users, 2021 - 2031F |
8.4 North America POS Market Revenues, By Countries, 2021 - 2031F |
9. Europe POS Market Overview |
9.1 Europe POS Market Revenues & Volume, 2021 - 2031F |
9.2 Europe POS Market Revenues, By Terminals Types, 2021 - 2031F |
9.3 Europe POS Market Revenues, By End-Users, 2021 - 2031F |
9.4 Europe POS Market Revenues, By Countries, 2021 - 2031F |
10. APAC POS Market Overview |
10.1 APAC POS Market Revenues & Volume, 2021 - 2031F |
10.2 APAC POS Market Revenues, By Terminals Types, 2021 - 2031F |
10.3 APAC POS Market Revenues, By End-Users, 2021 - 2031F |
10.4 APAC POS Market Revenues, By Countries, 2021 - 2031F |
11. Middle East and Africa POS Market Overview |
11.1 Middle East and Africa POS Market Revenues & Volume, 2021 - 2031F |
11.2 Middle East and Africa POS Market Revenues, By Terminals Types, 2021 - 2031F |
11.3 Middle East and Africa POS Market Revenues, By End-Users, 2021 - 2031F |
11.4 Middle East and Africa POS Market Revenues, By Countries, 2021 - 2031F |
12. Rest of the World POS Market Overview |
12.1 Rest of the World POS Market Revenues & Volume, 2021 - 2031F |
13. POS Market - Opportunity Assessment |
13.1 POS Market Opportunity Assessment, By Terminal Types, 2031F |
13.2 POS Market Opportunity Assessment, By End-Users, 2031F |
13.3 POS Market Opportunity Assessment, By Regions, 2031F |
14. POS Market Competitive Landscape |
14.1 POS Market Revenue Share, By Companies, 2024 |
14.1.1 North America POS Market Revenue Share, By Companies, 2024 |
14.1.2 Europe POS Market Revenue Share, By Companies, 2024 |
14.1.3 APAC POS Market Revenue Share, By Companies, 2024 |
14.1.4 MEA POS Market Revenue Share, By Companies, 2024 |
14.2 POS Market Competitive Benchmarking, By Operating & Technical Parameters |
15. Company Profiles |
16. Key Recommendations |
17. Disclaimer |