How big is the POS Market | Size & Forecast 2025

Code: MTA8616 Publication Date: Sep 2025

What is the size of POS Market?

According to 6Wresearch internal database and industry insights, the POS Market was valued at approximately USD 15.2 billion in 2024 and is projected to reach USD 23.9 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.7% during the forecast period (2025–2031).

The market is growing due to the rapid adoption of mobile and cloud-based point-of-sale (POS) systems, the growing need for contactless payments, the growing integration of analytics and artificial intelligence, and the development of digital payment infrastructure.

Key Growth Drivers of the POS Market

  • Growing use of mobile and cloud-based point-of-sale systems
  • Consumer demand is driving an increase in the use of contactless payment technologies
  • The expanding food service, retail, and hospitality sectors are looking for cutting-edge point of sale systems
  • Utilizing advanced analytics and artificial intelligence to facilitate predictive insights
  • Call for better systems for customer relationship management, billing, and inventory
  • Expansion of the infrastructure for digital payments with backing from the public and private sectors

POS Market Trends

POS Market is evolving rapidly as businesses shift towards cloud-based and mobile POS platforms that offer remote accessibility and lower upfront costs. To increase efficiency, there is a growing trend of integrating inventory tracking, CRM tools, and customer loyalty programs into point-of-sale (POS) systems. NFC and QR codes are two examples of contactless payment methods that are becoming commonplace, particularly in urban retail centers. Due to their consistent updates and predictable costs, subscription-based point-of-sale (POS) models are becoming increasingly popular among SMEs. AI-powered personalization at the checkout stage is improving cross-selling opportunities. Furthermore, integration with e-commerce platforms is bridging the gap between online and offline sales channels.

Emerging Developments in the POS Market

Emerging developments in the POS Market include advanced AI-enabled POS systems capable of fraud detection and predictive analytics for inventory planning. Biometric authentication methods, such as fingerprint and facial recognition, are being deployed for secure transactions. Cloud-native POS platforms are gaining traction, particularly those that support offline operations in areas with unstable connectivity. Blockchain-based payment processing is being explored for enhanced transaction transparency. Augmented reality features are being tested to provide immersive in-store promotions at checkout.

List of Leading Companies in the POS Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Square Inc.

Company NameSquare Inc.
Established Year2009
HeadquartersSan Francisco, USA
Official WebsiteClick Here

This company provides innovative cloud-based POS solutions for small and medium businesses, integrating payments, sales analytics, and customer engagement tools into one seamless platform.

2. Toast Inc.

Company NameToast Inc.
Established Year2011
HeadquartersBoston, USA
Official WebsiteClick Here

This company specializes in POS systems for restaurants, offering solutions for order management, payment processing, inventory control, and guest loyalty programs.

3. Lightspeed Commerce Inc.

Company NameLightspeed Commerce Inc.
Established Year2005
HeadquartersMontreal, Canada
Official WebsiteClick Here

This company delivers omnichannel POS systems for retail, hospitality, and e-commerce businesses, combining payment processing, CRM, and advanced analytics.

4. Revel Systems

Company NameRevel Systems
Established Year2010
HeadquartersAtlanta, USA
Official WebsiteClick Here

This company offers iPad-based POS systems with real-time reporting, multi-location management, and enhanced customer engagement tools for retailers and restaurants.

5. NCR Corporation

Company NameNCR Corporation
Established Year1884
HeadquartersAtlanta, USA
Official WebsiteClick Here

This company is a pioneer in POS and self-service solutions, serving retail, banking, and hospitality sectors with scalable hardware and software platforms.

6. Shopify Inc.

Company NameShopify Inc.
Established Year2006
HeadquartersOttawa, Canada
Official WebsiteClick Here

This company provides integrated POS solutions that sync online and physical store operations, enabling unified inventory and customer management.

7. Oracle Corporation (Oracle MICROS)

Company NameOracle Corporation (Oracle MICROS)
Established Year1977
HeadquartersAustin, USA
Official WebsiteClick Here

This company offers POS and restaurant management systems under its MICROS brand, focusing on enterprise-level performance and customization.

8. PAX Technology Limited

Company NamePAX Technology Limited
Established Year2000
HeadquartersShenzhen, China
Official WebsiteClick Here

This company manufactures secure payment terminals and POS devices, providing hardware and software solutions for retail, hospitality, and financial services.

9. Clover Network, Inc.

Company NameClover Network, Inc.
Established Year2010
HeadquartersSunnyvale, USA
Official WebsiteClick Here

This company offers customizable POS systems for small businesses, featuring inventory management, sales analytics, and customer loyalty tools.

10. Verifone Systems Inc.

Company NameVerifone Systems Inc.
Established Year1981
HeadquartersCoral Springs, USA
Official WebsiteClick Here

This company specializes in payment processing solutions, delivering secure POS hardware, software, and omnichannel commerce systems.

How big is the POS Market : FAQs

POS Market is projected to reach USD 23.9 billion by 2031.
The POS Market is expected to grow at a CAGR of 6.7% during the forecast period.
Asia-Pacific and North America are among the fastest-growing regions due to increasing adoption of digital payments and expanding retail infrastructure.
Major segments include fixed POS systems, mobile POS systems, cloud-based POS, and industry-specific POS solutions for retail and hospitality.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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