Near Field Communication (NFC) Point of Sale (POS) Terminals Market

By Product Type;

Mobile and Fixed

By Application;

Entertainment, Healthcare, Hospitality and Retail

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn247731509 Published Date: October, 2025 Updated Date: November, 2025

NFC POS Terminals Market Overview

NFC POS Terminals Market (USD Million)

NFC POS Terminals Market was valued at USD 7,232.13 million in the year 2024. The size of this market is expected to increase to USD 21,191.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.6%.


Near Field Communication (NFC) Point of Sale (POS) Terminals Market

*Market size in USD million

CAGR 16.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)16.6 %
Market Size (2024)USD 7,232.13 Million
Market Size (2031)USD 21,191.22 Million
Market ConcentrationLow
Report Pages325
7,232.13
2024
21,191.22
2031

Major Players

  • First Data Corp.
  • Ingenico SA
  • Pax Technology Ltd.
  • VeriFone Systems Inc.
  • AURES Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Near Field Communication (NFC) Point of Sale (POS) Terminals Market

Fragmented - Highly competitive market without dominant players


The NFC POS Terminals Market is seeing dynamic growth as consumer preferences shift toward touch-free transactions. NFC technology is now embedded in more than 65% of retail transactions, reflecting its growing popularity for its speed, safety, and convenience. Businesses are increasingly choosing NFC-enabled terminals to meet evolving customer expectations and to support hygienic payment options.

Mobile Wallet Usage Accelerating NFC Terminal Adoption
The growing acceptance of digital wallets such as Apple Pay and Google Pay is boosting the deployment of NFC-compatible POS terminals. Nearly 58% of mobile device users have made at least one purchase via NFC wallets, underlining the trend towards mobile-first payment ecosystems. This expansion is transforming the retail payment experience, making it faster and more intuitive.

Technological Innovation Enhancing Capabilities
Continuous innovation in NFC hardware and security protocols is helping NFC terminals become more reliable and future-ready. New terminals are equipped with features such as biometric security and dynamic encryption, raising both consumer confidence and regulatory compliance. Approximately 47% of the latest terminals now feature enhanced NFC hardware, ensuring faster and safer payments.

Retail and Dining Spaces Spearheading Demand
Widespread adoption is evident in the retail and hospitality sectors, where NFC terminals enhance both customer service and operational efficiency. Over 72% of established retailers have integrated NFC to enable quick, seamless checkout experiences. Restaurants and cafés also leverage these systems for speedier service, particularly in contactless and self-serve formats.

  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 Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Near Field Communication (NFC) Point of Sale (POS) Terminals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Convenience and Speed
        2. Increasing Digital Payments
        3. Contactless Technology Adoption
        4. Enhanced User Experience
      2. Restraints
        1. Security Concerns
        2. Infrastructure Limitations
        3. Regulatory Challenges
        4. Initial Implementation Costs
      3. Opportunities
        1. Emerging Markets Expansion
        2. Integration with IoT
        3. Enhanced Data Analytics
        4. Partnership Collaborations
    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. Near Field Communication (NFC) Point of Sale (POS) Terminals Market, By Product Type, 2021 - 2031 (USD Million)
      1. Mobile
      2. Fixed
    2. Near Field Communication (NFC) Point of Sale (POS) Terminals Market, By Application, 2021 - 2031 (USD Million)
      1. Entertainment
      2. Healthcare
      3. Hospitality
      4. Retail
    3. Near Field Communication (NFC) Point of Sale (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. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ingenico (Worldline)
      2. Verifone
      3. PAX Technology
      4. NEC Corporation
      5. Equinox Payments
      6. NCR Corporation
      7. Diebold Nixdorf
      8. Fujian Newland (Landi)
      9. Shenzhen Xinguodu (Nexgo)
      10. Panasonic Corporation
      11. Toshiba Corporation
      12. Samsung Electronics
      13. Oracle Corporation
      14. Square (Block)
      15. Cegid
  7. Analyst Views
  8. Future Outlook of the Market