North America POS Terminal Market (2025-2031) | Outlook, Forecast, Share, Growth, Companies, Revenue, Value, Trends, Analysis, Industry & Size

 North America POS Terminal Market Highlights

Report Name	North America POS Terminal Market
Forecast Period	2025-2031
Market Size	USD 2.9 billion by 2031
CAGR	5.7%
Growing Sector	Retail & E-commerce

Topics Covered in the North America POS Terminal Market Report

North America POS Terminal Market report thoroughly covers the market by terminal type, by end user and key countries. 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.

North America POS Terminal Market Size & Analysis

North America POS Terminal Market Size is projected to experience robust growth, reaching USD 2.9 billion by 2031 with a CAGR of 5.7% during the forecast period. The expansion of this market is largely fueled by the increasing adoption of digital payment solutions and the need for efficient transaction processing across various sectors, especially retail and hospitality. The region has observed a substantial rise in demand for portable and mobile POS terminals, driven by the growing popularity of contactless payment and e-commerce integration. These devices enable businesses to streamline transaction processes and provide a seamless customer experience.

North America POS Terminal Market Synopsis

North America POS Terminal Industry reflects a transformative shift toward advanced payment solutions to cater to the evolving needs of consumers and businesses. The adoption of portable and mobile POS terminals is accelerating as they offer greater flexibility, lower transaction time, and increased security. The market covers a wide range of terminal types, including countertop, mobile POS, PIN pads, and multimedia POS systems, catering to various business sizes and operational requirements. In recent years, the market has experienced heightened interest in mobile POS terminals due to their ease of integration with e-commerce platforms and ability to cater to on-the-go payment requirements. This trend is particularly prominent in the retail and hospitality sectors, where efficient transaction processes are essential.

According to 6Wresearch, the North America POS Terminal Market is forecast to grow at a remarkable growth rate, reaching a CAGR of 5.7% during the forecast period 2025-2031. The market growth is particularly evident in the retail and hospitality sectors, where the need for efficient checkout processes and enhanced customer experience is paramount. Retailers are increasingly investing in mobile and portable POS systems to offer in-aisle checkout and quick payment options, which minimize wait times and improve customer satisfaction. Additionally, the healthcare sector is seeing a rise in POS terminal use for patient management and billing, particularly with mobile terminals that allow for bedside transactions and real-time record updating. The expansion of e-commerce in North America also supports market growth, with e-commerce players requiring advanced POS systems that integrate inventory management, customer data analytics, and secure payment processing.

However, the North America POS Terminal Market faces challenges such as the high initial cost of implementation and the need for continuous updates to meet evolving security standards. As digital payment technologies advance, POS systems require frequent software updates and hardware upgrades to prevent security vulnerabilities, which can be costly for businesses. Additionally, integration with existing systems, such as inventory and customer management software, poses a challenge for retailers and other businesses that require seamless functionality across platforms. The market also faces challenges with data privacy regulations, as POS terminals collect and store sensitive customer information. Ensuring compliance with regulations such as the PCI DSS and GDPR can add complexity to POS terminal implementation and maintenance. Finally, the emergence of alternative payment technologies, such as peer-to-peer mobile payment applications, could potentially limit POS terminal adoption in certain scenarios.

North America POS Terminal Market Trends

A significant trend in the North America POS Terminal Market is the adoption of cloud-based POS systems that offer enhanced scalability, data storage, and analytics capabilities. Cloud-based POS terminals allow businesses to access real-time sales data and customer information, which aids in decision-making and enhances customer relationship management. Another trend is the integration of artificial intelligence (AI) and machine learning (ML) into POS systems, enabling personalized customer experiences and more targeted marketing efforts.

The use of mobile POS (mPOS) terminals is also on the rise, particularly in retail and hospitality, where businesses benefit from flexible, on-the-go payment solutions. Additionally, contactless payment options, driven by NFC technology, have become increasingly popular, as consumers seek faster, more hygienic payment methods. Lastly, POS systems are increasingly being designed with compatibility for e-wallets and cryptocurrency transactions, positioning the market to evolve alongside emerging payment technologies.

Investment Opportunities in the North America POS Terminal Market

North America POS Terminal Industry offers numerous investment opportunities, especially in mobile and cloud-based POS systems, which are experiencing heightened demand in retail and hospitality. Businesses are investing in scalable POS solutions that accommodate growth and customer demand for faster, more secure transactions. Investment in AI-driven POS technology presents an opportunity for enhanced customer interaction and data-driven decision-making. Additionally, there is a growing demand for multi-functional POS systems that can handle a variety of tasks beyond payment, such as inventory tracking and customer loyalty programs. Investors may also find potential in the healthcare sector, as hospitals and clinics require specialized POS systems for secure patient billing and record management. The ongoing shift toward cashless transactions and the growing acceptance of digital payment options make this market attractive for investors.

Leading Players in the North America POS Terminal Market

Key players contributing to the North America POS Terminal Market Growth include companies such as Verifone Systems, Inc., Ingenico Group, NCR Corporation, Square, Inc., and PAX Technology. These companies are at the forefront of innovation in POS technology, offering a range of solutions that cater to various industries. Verifone and Ingenico have significant market shares due to their advanced countertop and mobile POS terminals. NCR Corporation is notable for its focus on integrated POS solutions for both retail and hospitality, while Square has become a leader in mobile POS solutions, catering especially to small businesses. PAX Technology is also gaining traction due to its versatile range of POS systems that support emerging digital payment methods. These players are continuously enhancing their offerings to meet the demands of an evolving market, ensuring secure, reliable, and user-friendly systems.

Government Regulations

In the North America POS terminal market, government regulations play a crucial role in shaping the landscape of payment systems. Regulatory bodies, such as the Federal Trade Commission (FTC) in the United States and similar entities in Canada and Mexico, impose strict guidelines to ensure security, privacy, and consumer protection. Regulations like PCI DSS (Payment Card Industry Data Security Standard) require businesses to maintain a secure environment for cardholder data, affecting how POS terminals operate and are maintained. Additionally, adherence to EMV (Europay, MasterCard, and Visa) standards ensures secure and reliable card transactions, helping reduce fraud and chargebacks. These regulations aim to facilitate trust in electronic payments and drive advancements in technology and processes within the market. As the digital landscape evolves, compliance with new and existing laws becomes vital for businesses to stay competitive and safeguard consumer interests.

Future Insights of the North America POS Terminal Market

The future of the North America POS Terminal Market Size appears promising, with continuous advancements in digital payment technologies driving market expansion. The adoption of AI-powered POS systems is likely to increase, providing businesses with valuable insights into consumer behavior and preferences, which can enhance customer service. Mobile and cloud-based POS systems are expected to gain traction, especially in the retail and hospitality sectors, where flexibility and scalability are essential. With the rise of e-commerce, POS systems are likely to become more integrated with online payment platforms, offering a seamless experience for both in-store and online shopping. Additionally, as consumers continue to embrace contactless payments, POS systems will increasingly support NFC and other contactless technologies, positioning the market for sustained growth.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Mobile POS to Dominate the Market-By Terminal Type

According to Vasu, Senior Research Analyst, 6Wresearch, the Mobile POS terminals are projected to dominate the North America POS Terminal Market due to their flexibility, ease of use, and integration with contactless payment methods. Retail and e-commerce sectors lead the adoption, while hospitality businesses also increasingly favor mobile POS systems for convenience and quick transaction processing.

Retail & E-commerce to Dominate the Market-By End User

The retail and e-commerce sector holds the largest share in the North America POS Terminal Market, driven by the need for efficient payment processing in a competitive, customer-centric environment. The trend towards omnichannel retailing is further boosting demand for POS systems that can handle both in-store and online transactions.

United States to Dominate the Market-By Countries

The United States leads the North America POS Terminal Market due to its large-scale adoption of digital payment solutions and high consumer spending. The country’s advanced technological infrastructure and strong retail industry support the growth of POS systems, particularly mobile and cloud-based solutions.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024
• Base Year 2024
• Forecast Data until 2031
• Key Performance Indicators Impacting the Market
• Major Upcoming Developments and Projects

Key Highlights of the Report:

• North America POS Terminal Market Outlook
• Market Size of North America POS Terminal Market, 2024
• Forecast of North America POS Terminal Market, 2031
• Historical Data and Forecast of North America POS Terminal Revenues & Volume for the Period 2021 - 2031
• North America POS Terminal Market Trend Evolution
• North America POS Terminal Market Drivers and Challenges
• North America POS Terminal Price Trends
• North America POS Terminal Porter's Five Forces
• North America POS Terminal Industry Life Cycle
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By Terminal Types for the Period 2021 - 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By portable for the Period 2021 - 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By countertop for the Period 2021 – 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By mobile POS terminal for the Period 2021 - 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By PIN pad for the Period 2021 – 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By multimedia for the Period 2021 - 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By End-users for the Period 2021 – 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By hospitality & healthcare for the Period 2021 – 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By retail & e-commerce for the Period 2021 – 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By government & transportation for the Period 2021 – 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By Others for the Period 2021 – 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By Countries for the Period 2021 - 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By United States for the Period 2021 - 2031
• Historical Data and Forecast of North America POS Terminal Market Revenues & Volume By Canada for the Period 2021 – 2031
• North America POS Terminal Import Export Trade Statistics
• Market Opportunity Assessment By Terminal Types
• Market Opportunity Assessment By End Users
• Market Opportunity Assessment By Countries
• North America POS Terminal Top Companies Market Share
• North America POS Terminal Competitive Benchmarking By Technical and Operational Parameters
• North America POS Terminal Company Profiles
• North America POS Terminal Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Terminal Types 

• portable, countertop
• mobile POS terminal
• PIN pad
• multimedia

By End-users 

• hospitality & healthcare 
• retail & e-commerce
• government & transportation
• others

By Key Countries 

• United States and Canada