North America POS Terminal Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• POS Terminal is a device that merchants use to process payments and complete customer purchases. The POS Terminal reads the customer's debit or credit card details, transfers money from the customer's account to the merchant's account, and records the details of the transaction. Both mobile and fixed POS Terminal are included in our scope.
• The North American POS terminal market had total revenues of $13.4 billion in 2022, representing a compound annual growth rate (CAGR) of 1.7% between 2017 and 2022.
• The POS software and services segment accounted for the market's largest proportion in 2022, with total revenues of $8.8 billion, equivalent to 65.5% of the market's overall value.
• The growth of the North American POS terminal market can also be attributed to the increase in the penetration of credit and debit cards across the region. For instance, in the United States, credit cards are one of the most widely used consumer financial instruments, with more than 75% of households possessing at least one type of credit card.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the pos terminal market in North America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pos terminal market in North America
• Leading company profiles reveal details of key pos terminal market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the North America pos terminal market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the North America pos terminal market by value in 2022?
• What will be the size of the North America pos terminal market in 2027?
• What factors are affecting the strength of competition in the North America pos terminal market?
• How has the market performed over the last five years?
• Who are the top competitors in North America's pos terminal market?