Point-of-Sale Terminal Market (2025 - 2030) Size, Share & Trends Analysis Report By Product (Fixed, Mobile), By Component (Hardware, Software, Services), By Deployment (Cloud, On-premise), By End-use (Restaurants, Retail), By Region, And Segment Forecasts

Point-of-sale Terminal Market Summary

The increasing adoption of cost-effective wireless communication technologies has significantly contributed to the expansion of the POS terminal market. These systems leverage wireless connectivity to enable seamless payment processing for goods and services.

Restaurants, bars, and food service providers heavily rely on POS technologies to streamline operations, manage inventory, monitor product movement, and track sales effectively. Modern POS systems often integrate various hardware components such as cash registers, barcode scanners, and computers, along with digital displays, to facilitate seamless online and offline transactions. The market is being propelled by the growing use of mobile-based POS terminals, advancements in payment technologies, and the widespread adoption of EMV (Europay, Mastercard, and Visa) standards. In addition, the expanding application of POS systems across the e-commerce and retail sectors is playing a significant role in driving market growth.

The point-of-sale terminal market has also been influenced by rising concerns regarding security and privacy, particularly in relation to data breaches. One key factor driving market growth is the increasing popularity of modern drive-thru services. Many businesses have begun adopting advanced POS systems to integrate their drive-thru lines, kitchen operations, and back-office functions, ensuring a more efficient and seamless order fulfillment process. For example, fast-casual chains such as Chipotle, Starbucks, and Panera have incorporated drive-thru features into several of their locations. Moreover, the growing adoption of mobile POS terminals has further opened new opportunities for market expansion, enabling businesses to provide faster, more flexible payment solutions.

The enhanced return on investment (ROI) provided by POS systems has positively influenced the market, encouraging greater adoption. In addition, the growing need for efficient customer and employee management, inventory tracking, and the integration of in-store and online sales through tablets has further fueled the demand for these solutions. The increasing popularity of contactless payments and the widespread adoption of Near Field Communication (NFC) devices across various industries have significantly boosted market growth. Moreover, remittance companies are introducing innovative solutions tailored to specific industry needs, driving profitability. POS systems enable retailers to streamline business operations and manage inventory more effectively, contributing to the point-of-sale terminal industry.

The benefits of modern drive-thru services, such as enhanced convenience, have significantly improved the overall customer experience, creating promising growth opportunities for the POS terminal market. However, challenges such as privacy concerns and the risk of data misuse, including potential card information leakage, remain significant barriers to market growth. In addition, a lack of awareness among consumers about the security risks associated with POS systems further restricts market expansion. The market also faces security challenges due to the exposed nature of these systems within networks, as they handle critical information that requires robust protection. Managing these systems, especially in rural areas, adds another layer of complexity to ensuring their security and operational integrity.

Product Insights

The fixed segment dominated the market and accounted for the revenue share of over 58.0% in 2024. The fixed POS segment is divided into kiosks and others. Large-scale vendors often opt for fixed POS terminals, driven by their substantial procurement and installation investments, which continues to support the growth of this segment. In addition, end-users with understanding of cloud and on-premises data storage solutions tend to prefer fixed POS systems for their ability to securely store data locally. These terminals are widely used for various functions, including bill printing, Customer Relationship Management (CRM), inventory control, and integration with diverse payment devices, making them a vital component in streamlining business operations.

The mobile segment is anticipated to grow at a CAGR of 10.8% during the forecast period. The mobile POS segment is divided into tablet and others.The growth is largely driven by the increasing adoption of in-store mobile payments by consumers worldwide. Mobile POS (mPOS) terminals enable transactions to be processed from any location within a store, enhancing flexibility and operational efficiency. Various end-users, particularly in the food service industry, such as restaurants, are increasingly implementing mPOS solutions to streamline payment processes during peak hours. This not only minimizes delays and prevents potential revenue loss but also boosts customer satisfaction. For example, Quick-Service Restaurants (QSRs) in China have adopted technologies such as digital kiosks and tablets for menu display and order placement. These innovations contribute to improved service delivery and customer experience, thereby propelling market growth.

Component Insights

The hardware segment dominated the market and accounted for the revenue share of over 62.0% in 2024. The upgrading of legacy systems in developing regions is a significant growth driver. Small and medium-sized enterprises (SMEs), especially in emerging markets across Asia Pacific, Latin America, and Africa, are moving away from traditional cash registers to modern POS systems due to government initiatives promoting digitalization, financial inclusion, and formalization of unorganized retail. This modernization wave opens up a large market for cost-effective, durable, and scalable hardware solutions.

The software segment is expected to grow at a significant CAGR over the forecast period owing to the integration of analytics and business intelligence tools within POS software. Retailers and service providers are leveraging these capabilities to gain insights into customer behavior, sales trends, and inventory performance. By utilizing analytics, businesses can make data-informed decisions that enhance customer engagement, optimize stock levels, and improve operational efficiency.

Deployment Insights

The on-premise segment dominated the market and accounted for the revenue share of over 71.0% in 2024 due to the requirement for greater control, customization, and data ownership. Businesses in sectors such as high-end retail, hospitality, and healthcare often prefer on-premise deployments due to the sensitive nature of their data and the need for tailored system configurations that align closely with unique operational workflows.Offline functionality and system reliability also contribute to the growth of on-premise POS deployments. In environments where internet connectivity may be unstable or unreliable, such as remote locations, rural areas, or certain international markets, on-premise systems ensure uninterrupted operation.

The cloud segment is expected to grow at a significant CAGR over the forecast period, driven by the global shift toward digital transformation and the increasing demand for flexibility, scalability, and remote accessibility. One of the key drivers is the cost-effectiveness and lower upfront investment associated with cloud-based solutions. Unlike traditional on-premise systems, cloud POS platforms typically operate on a subscription-based model, allowing businesses, especially SMEs, to access advanced POS functionalities without the need for heavy infrastructure investment or maintenance costs.

End-use Insights

The retail segment dominated the market and accounted for the revenue share of over 29.0% in 2024 due to the global expansion of both brick-and-mortar and e-commerce retail operations. In addition to the rise of online shopping, physical retail stores remain crucial for customer engagement and experiential marketing. Retailers are increasingly adopting POS systems to enhance transaction speed, streamline inventory management, and deliver personalized customer experiences. Moreover, the emphasis on omnichannel retailing, where businesses aim to unify their online and offline sales channels also contributes to the growth of the segment. POS terminals, particularly those integrated with cloud-based systems, enable real-time synchronization of customer data, inventory levels, and sales transactions across all platforms.

The healthcare segment is expected to grow at a significant CAGR over the forecast period, driven by the increasing need for streamlined administrative processes, accurate billing, and enhanced patient experiences. One of the primary growth drivers is the digitization of healthcare systems across both developed and emerging markets. Hospitals, clinics, pharmacies, and other healthcare providers are increasingly adopting POS systems to manage payments, inventory, and patient information more efficiently, replacing outdated manual systems and reducing administrative errors.

Regional Insights

The North America point-of-sale terminal market held a significant share of around 26.0% in 2024. The hospitality and healthcare sectors’ growing reliance on automation and payment efficiency is adding momentum to the POS terminal market. Restaurants, hotels, clinics, and pharmacies are using POS systems to streamline billing, manage reservations, monitor inventory, and offer faster service, all of which contribute to improved operational performance and customer satisfaction.

U.S. Point-of-Sale Terminal Market Trends

The point-of-sale terminal market in the U.S. is expected to grow significantly at a CAGR of 5.9% from 2025 to 2030. Consumers in the U.S. are increasingly opting for digital wallets, NFC (Near Field Communication) payment methods, and QR code-based transactions, particularly in light of the COVID-19 pandemic.

Europe Point-of-Sale Terminal Market Trends

The point-of-sale terminal market in Europe is anticipated to register a considerable growth from 2025 to 2030 due to the implementation of stringent regulatory frameworks such as the Payment Services Directive 2 (PSD2) and the General Data Protection Regulation (GDPR). PSD2, which mandates stronger authentication protocols for online payments, is driving the demand for more secure POS terminals that meet new compliance standards.

The UK point-of-sale terminal market is expected to grow rapidly in the coming years. SMEs are increasingly turning to affordable, cloud-based POS systems that are easy to deploy and manage, offering them a cost-effective alternative to traditional on-premise solutions. Cloud-based POS systems are particularly appealing because they offer scalability, remote management, and automatic updates without the need for extensive IT infrastructure or expertise.

The point-of-sale terminal market in Germany held a substantial market share in 2024. The increasing use of online shopping and contactless payment methods are increasingly contributing to the growth of the point-of-sale terminal market in the Germany.

Asia Pacific Point-of-Sale Terminal Market Trends 

Asia Pacific is expected to register the highest CAGR of 9.5% from 2025 to 2030 due to the growth of the retail sector, both in physical stores and e-commerce. Retailers across the region are upgrading their POS infrastructure to provide better customer service, enhance the shopping experience, and integrate online and offline operations seamlessly. The rise of omnichannel retailing, where businesses aim to deliver a unified experience across physical stores, mobile apps, and e-commerce platforms, has increased demand for POS systems capable of synchronizing inventory, orders, and customer data across multiple channels.

The Japan point-of-sale terminal market is expected to grow rapidly in the coming years. Japan’s smart city and digital infrastructure development is creating new opportunities for the POS terminal market. As urban areas become more connected, with an emphasis on IoT (Internet of Things) and AI technologies, the demand for POS systems that can integrate seamlessly with smart city initiatives is rising.

The point-of-sale terminal market in China held a substantial market share in 2024. The Chinese government has been actively promoting cashless payments and the digitalization of financial services, which has led to an increase in POS terminal installations across various sectors, including retail, hospitality, and healthcare. Regulations that require businesses to comply with data security standards and payment industry certifications are also pushing the adoption of more secure and advanced POS systems.

Key Point-of-Sale Terminal Company Insights

Key players operating in the point-of-sale terminal industry are NCR VOYIX, Oracle Corporation, Toast, Inc., payabl, Revel Systems, and TouchBistro. The companies are focusing on various strategic initiatives, including new product development, partnerships & collaborations, and agreements to gain a competitive advantage over their rivals. The following are some instances of such initiatives.

• In February 2025, NCR Voyix announced a strategic agreement with Worldpay, a UK-based provider of payment technology, to deliver a unified cloud-based software and payment solution tailored for retailers and restaurants. Through this partnership, NCR Voyix aims to integrate Worldpay’s advanced payment acquiring services into its offerings, enabling customers to access a seamless, all-in-one platform for both software management and payment processing.

• In July 2024, Shift4, the parent company of Revel Systems, acquired a majority share in Vectron Systems AG, a European provider of point-of-sale (POS) systems for the restaurant and hospitality sectors. This strategic move is set to significantly expand Shift4's presence across the European market, granting access to Vectron’s extensive customer base and a robust distribution network comprising approximately 300 POS resellers.

• In September 2023, POSaBIT Inc., point-of-sale system provider, launched POSaBIT POS 2.0. POSaBIT POS 2.0 is a scalable, agile, and user-friendly solutions that can adapt to changing market conditions.

Point-of-Sale Terminal Market Report Scope

Global Point-of-Sale Terminal Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global point-of-sale terminal market report based on product, component, deployment, end-use, and region.

• Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Fixed

    • Kiosks

    • Others

  • Mobile

    • Tablet

    • Others

• Component Outlook (Revenue, USD Billion, 2018 - 2030)

  • Hardware

  • Software

  • Services   

• Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • Cloud

  • On-premise

• End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Restaurants

    • FSR

      • Fine Dine

      • Casual Dine

    • QSR

      • Drive-Thru

      • Others

    • Institutional

    • Fast Casual

      • Drive-Thru

      • Others

    • Others

  • Retail

    • Supermarkets/Hypermarkets

    • Convenience Stores

    • Grocery Stores

    • Specialty Stores

    • Gas Stations

    • Others

  • Hospitality

    • Spas

    • Hotels

    • Resorts

  • Healthcare

    • Pharmacies

    • Others

  • Warehouse

  • Entertainment

    • Cruise Lines/Ships

    • Cinema

    • Casinos

    • Golf Clubs

    • Stadiums

    • Amusement Parks

  • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Latin America

    • Brazil

  • Middle East & Africa

    • UAE

    • Saudi Arabia

    • South Africa