Latin America Mobile Pos Terminal Market Size & Outlook

The mobile pos terminal market in Latin America is expected to reach a projected revenue of US$ 7,499.1 million by 2030. A compound annual growth rate of 11.9% is expected of Latin America mobile pos terminal market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,405.7
Forecast, 2030 (US$M)
$7,499.1
CAGR, 2024 - 2030
11.9%
Report Coverage
Latin America

Latin America mobile pos terminal market highlights

  • The Latin America mobile pos terminal market generated a revenue of USD 3,405.7 million in 2023.
  • The market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 3,405.7 million
Market revenue in 2030USD 7,499.1 million
Growth rate11.9% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideFiserv Inc, Hewlett Packard Enterprise Co, Apollo Global Management Inc Class A, NEC Corp, Oracle Corp, Panasonic Holdings Corp, Pax Global Technology Ltd, QVS Software Inc, Samsung Electronics Co Ltd, Toshiba Corporation, Spectra Systems Corp, Francisco Partners, Zebra Technologies Corp Class A


Other key industry trends

  • In terms of revenue, Latin America region accounted for 8.2% of the global mobile pos terminal market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 32,124.5 million by 2030.

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Mobile POS Terminal Market Companies

Name Profile # Employees HQ Website

Latin America mobile pos terminal market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mobile pos terminal market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 73.65% in 2023. Horizon Databook has segmented the Latin America mobile pos terminal market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


The Internet of Things (IoT) sector is gaining traction in Latin America, and mobile satellite services providers are leveraging satellite connectivity to offer IoT solutions for industries such as agriculture, mining, transportation, and logistics. These solutions enable real-time monitoring, remote asset management, and data collection in areas with limited terrestrial network connectivity.

For instance, in the mining industry, IoT applications leveraging satellite connectivity can enable remote monitoring of equipment and assets and real-time tracking of vehicle movements, allowing for better asset management, predictive maintenance, and safety monitoring in large mining operations spread over vast areas.

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Target buyers of Latin America mobile pos terminal market databook

  • Our clientele includes a mix of mobile pos terminal market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America mobile pos terminal market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mobile pos terminal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America mobile pos terminals market size, by country, 2018-2030 (US$M)

Latin America Mobile POS Terminal Market Outlook Share, 2023 & 2030 (US$M)

Latin America mobile pos terminals market size, by country, 2018-2030 (US$M)

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