Retail Point of Sale (POS) Terminals Market

By Product;

Mobile and Fixed

By Component;

Hardware, Software and Services

By Deployment;

Cloud and On-Premise

By Application;

Department Stores, Supermarkets/Hypermarkets, Warehouses, Convenience Stores, Discount Stores, Specialty Stores and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn121608428 Published Date: August, 2025

Retail POS Terminals Market Overview

Retail POS Terminals Market (USD Million)

Retail POS Terminals Market was valued at USD 31,315.82 million in the year 2024. The size of this market is expected to increase to USD 70,099.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.2%.


Retail Point of Sale (POS) Terminals Market

*Market size in USD million

CAGR 12.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.2 %
Market Size (2024)USD 31,315.82 Million
Market Size (2031)USD 70,099.33 Million
Market ConcentrationLow
Report Pages357
31,315.82
2024
70,099.33
2031

Major Players

  • AURES Technologies SA
  • BBPOS Limited
  • Cisco Systems Inc.
  • Hewlett Packard Enterprise Company
  • Ingenico Group
  • Micros Systems, Inc.
  • NCR Corporation
  • NEC Corporation
  • New POS Technology Limited
  • Newland Payment Technology
  • Panasonic Corporation
  • Pax Technology Inc.
  • Posiflex Technology, Inc.
  • Samsung Electronics Co. Ltd.
  • Toshiba Corporation
  • Touch Dynamic
  • VeriFone Holdings, Inc.
  • Squirrel Systems

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Retail Point of Sale (POS) Terminals Market

Fragmented - Highly competitive market without dominant players


The Retail POS Terminals Market is evolving rapidly with the help of technological innovations that streamline retail transactions. Over 65% of retailers have transitioned to digital and contactless POS systems, demonstrating a strong move toward improved security and faster checkout processes. These advanced systems are central to operational upgrades, supporting market growth through enhanced service and innovation.

Omnichannel Strategies Creating Market Opportunities
With more than 58% of retailers adopting omnichannel solutions, the integration of POS terminals with digital platforms has become vital. This creates immense opportunities by enabling seamless coordination between online and offline retail activities. Retailers are using this approach to improve customer experience, strengthen collaboration, and optimize workflows, driving continued expansion in the market.

Growth Through Strategic Alliances and Integrations
The Retail POS Terminals Market is witnessing rising collaborations and strategic integrations, with 60% of vendors aligning with software firms to enhance compatibility. These strategies help unify operations across CRM and ERP systems, allowing real-time analytics and boosting operational agility. Partnerships and mergers are becoming key enablers of sustained market growth and smart infrastructure development.

Hardware Innovation and Payment Adaptability
Advanced hardware solutions and support for multiple payment types are reshaping the retail checkout experience. About 62% of new installations include mobile and biometric POS units, enabling faster, more secure transactions. This focus on technological advancements drives both operational improvements and future-ready retail solutions, aligning with customer demands for payment versatility and service efficiency.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Component
    3. Market Snapshot, By Deployment
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Retail POS Terminals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Digital payment solutions
        2. Cloud-based POS systems
        3. Omnichannel retailing
      2. Restraints
        1. Initial setup costs
        2. Integration complexities
        3. Security vulnerabilities
      3. Opportunities
        1. Emerging markets
        2. Adoption of mobile POS solutions
        3. Integration with e-commerce platforms
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Retail POS Terminals Market, By Product, 2021 - 2031 (USD Million)
      1. Mobile
      2. Fixed
    2. Retail POS Terminals Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    3. Retail POS Terminals Market, By Deployment, 2021 - 2031 (USD Million)

      1. Cloud

      2. On-Premise

    4. Retail POS Terminals Market, By Application, 2021 - 2031 (USD Million)
      1. Department Stores
      2. Supermarkets/Hypermarkets
      3. Warehouses
      4. Convenience Stores
      5. Discount Stores
      6. Specialty Stores
      7. Other
    5. Retail POS Terminals Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. AURES Technologies SA
      2. BBPOS Limited
      3. Cisco Systems Inc.
      4. Hewlett Packard Enterprise Company
      5. Ingenico Group
      6. Micros Systems, Inc.
      7. NCR Corporation
      8. NEC Corporation
      9. New POS Technology Limited
      10. Newland Payment Technology
      11. Panasonic Corporation
      12. Pax Technology Inc.
      13. Posiflex Technology, Inc.
      14. Samsung Electronics Co. Ltd.
      15. Toshiba Corporation
      16. Touch Dynamic
      17. VeriFone Holdings, Inc.
      18. Squirrel Systems
  7. Analyst Views
  8. Future Outlook of the Market