Retail Point-of-Sale Terminals - Global Strategic Business Report

The global market for Retail Point-of-Sale Terminals was estimated at US$32.1 Billion in 2024 and is projected to reach US$46.7 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Retail Point-of-Sale Terminals market.

Global Retail Point-of-Sale Terminals Market - Key Trends & Drivers Summarized

Why Are Retail Point-of-Sale (POS) Terminals Transforming the Shopping Experience?

Retail point-of-sale (POS) terminals have become an integral part of modern retail environments, offering seamless transaction processing, inventory management, and customer engagement solutions. With the shift toward digital payments, retailers are rapidly upgrading their POS infrastructure to support a variety of payment methods, including contactless transactions, mobile wallets, and cryptocurrency payments. Additionally, the integration of cloud-based POS systems has enabled retailers to access real-time sales data, optimize inventory management, and improve operational efficiency. The rise of omnichannel retailing, where online and offline shopping experiences converge, has further accelerated the adoption of advanced POS solutions. As retailers focus on enhancing customer experience and streamlining business operations, POS technology continues to evolve, offering greater automation, analytics, and personalization.

How Are Technological Advancements Reshaping Retail POS Systems?

Advancements in artificial intelligence (AI), machine learning, and IoT connectivity have significantly improved the functionality and efficiency of retail POS terminals. AI-powered POS systems are now capable of analyzing customer purchasing behavior, recommending personalized offers, and automating inventory replenishment. The introduction of self-checkout kiosks and mobile POS systems has also reduced checkout times, improving customer satisfaction and store efficiency. Additionally, blockchain technology is being explored for secure and transparent transaction processing, reducing fraud and chargeback risks. The integration of biometric authentication in POS terminals, such as fingerprint and facial recognition, is enhancing security while enabling faster and more seamless transactions. These innovations are redefining the role of POS systems in retail, making them smarter, more secure, and highly adaptable to changing consumer behaviors.

What Market Trends Are Driving the Demand for Retail POS Terminals?

The growing adoption of cashless payments and the increasing preference for digital wallets have significantly influenced the demand for modern POS terminals. With consumers favoring contactless and mobile transactions, retailers are prioritizing NFC-enabled POS solutions to accommodate these payment preferences. Additionally, the rise of e-commerce has led to the development of unified POS platforms that integrate in-store and online sales, enabling seamless omnichannel retailing. The expansion of cloud-based POS solutions has also driven demand, allowing businesses to manage multiple store locations from a centralized system. Furthermore, the growing penetration of POS-as-a-Service (POSaaS) models is making advanced POS technology more accessible to small and medium-sized enterprises (SMEs), further expanding market opportunities.

What Are the Key Growth Drivers of the Retail POS Terminals Market?

The growth in the global retail POS terminals market is driven by increasing consumer preference for cashless transactions, advancements in cloud-based POS technology, and the rising adoption of AI-driven analytics. The demand for secure and efficient payment processing solutions has further accelerated the adoption of POS systems in retail, hospitality, and service industries. Additionally, government initiatives promoting digital payments and financial inclusion are fueling market expansion. The shift toward automated checkout solutions, such as self-service kiosks and AI-powered scanning systems, is also transforming the retail landscape. As retailers continue to embrace technology-driven solutions, the POS market is expected to witness sustained growth, providing businesses with powerful tools to enhance sales, security, and customer engagement.

Scope of Study:

The report analyzes the Retail Point-of-Sale Terminals market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Component (Hardware, Software, Services); Product (Fixed POS Terminals, Mobile POS Terminals); Deployment (Cloud, On-Premise); Distribution Channel (Supermarkets / Hypermarkets, Convenience Stores, Grocery Stores, Specialty Stores, Gas Stations, Others)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Hardware segment, which is expected to reach US$31.3 Billion by 2030 with a CAGR of a 7.4%. The Software segment is also set to grow at 4.3% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $8.8 Billion in 2024, and China, forecasted to grow at an impressive 10.3% CAGR to reach $9.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Retail Point-of-Sale Terminals Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Retail Point-of-Sale Terminals Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Retail Point-of-Sale Terminals Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Acrelec, Agilysys Inc., AURES Group, BBPOS Limited, Clover Network, Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 41 companies featured in this Retail Point-of-Sale Terminals market report include:

• Acrelec
• Agilysys Inc.
• AURES Group
• BBPOS Limited
• Clover Network, Inc.
• Elo Touch Solutions, Inc.
• Helcim Inc.
• Hisense
• HP Development Company, L.P.
• iMetrics Pte Ltd
• Ingenico Group
• Intuit, Inc.
• Lightspeed
• NCR Corporation
• NEC Corporation
• Newland Payment Technology
• Oracle Corporation
• Panasonic Corporation
• PAX Technology
• Posiflex Technology, Inc.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.