POS Terminal Market Growing at 8.40% CAGR, Expected to Reach US$2.17 Billion by 2033, Reports Strategic Revenue Insights

London, UK – Dec 2025 | Strategic Revenue Insights Inc. – The global POS Terminal Market is on track to expand significantly, with our latest analysis forecasting the market to reach approximately USD 2.17 billion by 2033. This projection reflects a growing shift in payment methods and retail infrastructure across industries worldwide.

As of the base year, the POS terminal market already commands robust size, with multiple independent data sources estimating 2024 market value in the range of USD 110–115 billion. Under our forecast, the market climbs to USD 125.0 billion by 2033, corresponding to a compound annual growth rate (CAGR) of about 8.40% over the 2025–2033 period.

A comprehensive assessment of this rapidly evolving market can be accessed through Strategic Revenue Insights at the link below, focused on POS Terminal:

https://www.strategicrevenueinsights.com/industry/pos-terminal-market

Growth in the POS terminal market is being propelled by a confluence of factors reshaping how payments are handled. First, the growing global adoption of digital payments including contactless cards, NFC payments, mobile wallets, and QR-based transactions is prompting retailers and businesses to replace old cash-registers with modern POS terminals. Second, enterprises across retail, hospitality, healthcare, transportation, and other sectors increasingly demand integrated payment solutions that combine transaction processing with inventory management, real-time analytics, CRM, and data-driven sales tracking. This shift toward more comprehensive systems is raising demand for POS hardware, software, and associated services. Third, mobile POS (mPOS) and wireless/cloud-based POS systems are gaining ground as businesses of all sizes from small shops to large chains seek flexibility, lower setup costs, and enhanced scalability. These trends collectively accelerate POS terminal adoption and expansion.

The POS Terminal market presents numerous opportunities, particularly with the rising trend of contactless payments. As consumers increasingly prefer quick and secure payment methods, the demand for NFC-enabled POS terminals is expected to surge. This trend is further supported by the growing adoption of digital wallets and mobile payment solutions, which require compatible POS systems. Additionally, the expansion of e-commerce and the integration of omnichannel retail strategies are creating new avenues for market growth. Retailers are increasingly investing in advanced POS systems to enhance customer experience and streamline operations, thereby driving market demand.

Regional dynamics add further nuance to the global picture. The Asia-Pacific region, driven by booming retail sectors, rising smartphone penetration, and digital payments adoption in emerging economies, stands out as a key growth engine. According to recent analyses, Asia-Pacific already leads in revenue generation for POS terminals globally and is expected to maintain strong growth through the next few years. In parallel, more developed markets in North America and Europe continue to modernize and upgrade legacy POS infrastructure especially favoring fixed POS terminals in large retail and hospitality establishments, while also steadily deploying mobile and contactless systems in line with evolving consumer payment preferences.

Browse the associated report:

https://www.strategicrevenueinsights.com/ja/industry/pos-terminal-market

https://www.strategicrevenueinsights.com/kr/industry/pos-terminal-market

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The POS Terminal market segments delineate by product type (fixed POS terminals vs mobile/portable POS terminals), by component (hardware, software, services), by deployment mode (cloud-based vs on-premises), and by end-use sector (retail, hospitality, healthcare, transport, entertainment and others). Within these, fixed POS terminals remain dominant in large establishments due to stability and comprehensive functionality needs; yet mobile and cloud-enabled POS terminals often with NFC/contactless payment support represent the fastest-growing segment, particularly among small and medium enterprises (SMEs) and in regions with rising digital payment adoption. On the component side, hardware constitutes the bulk of current revenues, but software and services (e.g. cloud platforms, analytics, payment-processing services) are increasingly significant as businesses demand integrated POS ecosystems with inventory, CRM and reporting capabilities. In terms of deployment, growing uptake of cloud-based POS solutions driven by lower upfront cost, remote management, and scalability signals a shift away from traditional on-premises systems especially among younger, digitally native retailers and service providers.

Major companies shaping the competitive landscape include long-established global POS hardware and solutions providers such as Verifone Systems, Inc., Ingenico Group, PAX Technology, NCR Corporation, as well as newer entrants and cloud-/software-driven providers such as Square, Inc.Their global distribution networks, product portfolios (hardware, software, services), and focus on contactless, mobile and cloud-based solutions enable them to meet rising demand across multiple regions and end-use sectors.

Looking ahead to 2033 and beyond, the POS Terminal market presents a broad array of opportunities. Continued growth in cashless payments, rising consumer preference for contactless and mobile payments, and expanding retail, hospitality and service-sector infrastructure will drive demand. The increasing digitization of small and medium-sized enterprises in emerging economies especially across Asia-Pacific, Latin America and parts of Africa creates large addressable markets for affordable, mobile or cloud-based POS solutions. Additionally, further integration of POS systems with inventory management, CRM, real-time analytics, loyalty programs, and Omni channel retail platforms will push adoption even higher. Providers offering flexible, secure, scalable, and data-enabled POS solutions stand to capture substantial value in coming years.

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About Strategic Revenue Insights Inc.

Strategic Revenue Insights Inc., a subsidiary of SRI Consulting Group Ltd, empowers organizations worldwide with data driven market intelligence. Headquartered in London, United Kingdom, the firm delivers syndicated research reports, tailored consulting solutions, and actionable insights that equip clients to make confident, future focused strategic decisions. Its team of seasoned analysts continuously tracks markets, identifies emerging trends, and uncovers growth opportunities to support long-term client success. As part of SRI Consulting Group Ltd, Strategic Revenue Insights Inc. is committed to accuracy, clarity, and practical relevance, helping businesses optimize strategies and accelerate revenue growth.

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