How big is the Soft POS Market | Growth, Size, and Forecast 2025

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Code: MTA8691

Publication Date: Sep 2025

What is the size of Soft POS Market?

According to 6Wresearch internal database and industry insights, the Soft POS Market was valued at USD 1.42 billion in 2024 and is expected to reach USD 5.36 billion by 2031, growing at a CAGR of 20.8% during 2025-2031.

The Soft POS Market is widely referred to as advancing rapidly, as merchants increasingly are adopting payment acceptance solutions utilizing smartphones. The evolving digital payment ecosystems and the rise in demand from SMEs and micro-merchants contribute to the widespread adoption.

Growth Factors for the Soft POS Market

Rising acceptance of contactless payments due to convenience and speed
Increasing growth in smartphone penetration, instilling cost-effective POS solutions
Expanding digital payment ecosystem, which continues to support merchant acceptance
Rising demand from SMEs for affordable payment options
Advancements in security features ensure compliance with payment standards

Soft POS Market Trends

The trends for the Soft POS Market indicate, small retailers and associated service providers are increasingly accepting mobile-based point-of-sale capabilities. The transition from traditional hardware terminals to software-based solutions is increasing. Another major Soft POS Market trend is the addition of value-added services such as loyalty, invoicing, and inventory management. Payment solution providers are focusing on their partnerships with banks and fintech companies in order to continue to build out product reach and acceptance with all categories of merchants.

Emerging Developments in the Soft POS Market

The Soft POS Market developments emphasize innovations in security and compliance. Solutions are being enhanced with PCI DSS standards and tokenization to protect transactions. Providers are investing in technology to improve interoperability with different payment networks and mobile platforms.

Additionally, the Soft POS Market is witnessing developments in strategic partnerships with telecom operators and financial institutions to expand distribution. Growth in subscription-based models and bundled digital services is enhancing adoption rates, particularly among small merchants seeking affordable and reliable solutions.