Report Feature
POS Terminal Market Trends and Forecast
The future of the global POS terminal market looks promising with opportunities in the entertainment, hospitality, healthcare, and retail markets. The global POS terminal market is expected to reach an estimated $189.2 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are growing preference for digitalized payment modes, introduction of e-wallets, and increasing customer demand for screen touch POS terminals for quick checkout and payment processes.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
POS Terminal Market by Segment
The study includes a forecast for the global POS terminal market by type, component, end use, and region, as follows:
POS Terminal Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Fixed POS terminals
- Mobile POS terminals
POS Terminal Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- Hardware
- Software
- Services
POS Terminal Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Entertainment
- Hospitality
- Healthcare
- Retail
- Others
POS Terminal Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of POS Terminal Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies POS terminal companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the POS terminal companies profiled in this report include.
- Acrelec
- AURES
- NCR
- Oracle
- Presto Group
- Quail Digital
- Revel Systems
- Toshiba
- Xenia
POS Terminal Market Insights
- Lucintel forecast that fixed point-of-sale terminals will remain the highest growing segment over the forecast period due to its significant demand from large-scale vendors and increasing customer use of this technology as on-premises server data storage.
- Retail segment will remain the largest segment due to rising need for POS systems in this industry to minimize queues, facilitate speedy transactions, enable good inventory management, support effective merchandising and marketing, and collect effective CRM data.
- Asia Pacific will remain the fastest region over the forecast period due to encouraging government initiatives to encourage cashless society, and increasing need for POS terminals among large enterprises, and presence of key players in the region.
Features of the POS Terminal Market
- Market Size Estimates: POS Terminal market size estimation in terms of value ($B)
- Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
- Segmentation Analysis: POS Terminal market size by various segments, such as by type, component, end use, and region
- Regional Analysis: POS Terminal market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by type, component, end use, and regions for the POS terminal market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the POS terminal market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the POS terminal market size?
Answer: The global POS terminal market is expected to reach an estimated $189.2 billion by 2030.
Q2. What is the growth forecast for POS terminal market?
Answer: The global POS terminal market is expected to grow with a CAGR of 8.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the POS terminal market?
Answer: The major drivers for this market are the growing preference for digitalized payment modes, introduction of e-wallets, and increasing customer demand for screen touch POS terminals for quick checkout and payment processes.
Q4. What are the major segments for POS terminal market?
Answer: The future of the global POS terminal market looks promising with opportunities in the entertainment, hospitality, healthcare, and retail markets.
Q5. Who are the key POS terminal companies?
Answer: Some of the key POS terminal companies are as follows:
Answer: The global POS terminal market is expected to reach an estimated $189.2 billion by 2030.
Q2. What is the growth forecast for POS terminal market?
Answer: The global POS terminal market is expected to grow with a CAGR of 8.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the POS terminal market?
Answer: The major drivers for this market are the growing preference for digitalized payment modes, introduction of e-wallets, and increasing customer demand for screen touch POS terminals for quick checkout and payment processes.
Q4. What are the major segments for POS terminal market?
Answer: The future of the global POS terminal market looks promising with opportunities in the entertainment, hospitality, healthcare, and retail markets.
Q5. Who are the key POS terminal companies?
Answer: Some of the key POS terminal companies are as follows:
- Acrelec
- AURES
- NCR
- Oracle
- Presto Group
- Quail Digital
- Revel Systems
- Toshiba
- Xenia
Q6. Which POS terminal segment will be the largest in future?
Answer: Lucintel forecast that fixed point-of-sale terminals will remain the highest growing segment over the forecast period due to its significant demand from large-scale vendors and increasing customer use of this technology as on-premises server data storage.
Q7. In POS terminal market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the fastest region over the forecast period due to encouraging government initiatives to encourage cashless society, and increasing need for POS terminals among large enterprises, and presence of key players in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecast that fixed point-of-sale terminals will remain the highest growing segment over the forecast period due to its significant demand from large-scale vendors and increasing customer use of this technology as on-premises server data storage.
Q7. In POS terminal market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the fastest region over the forecast period due to encouraging government initiatives to encourage cashless society, and increasing need for POS terminals among large enterprises, and presence of key players in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
