The Report Covers Europe POS Terminal Companies and Manufacturers. The Market is Segmented by Type (Fixed Point-Of-Sale Systems and Mobile/Portable Point-Of-Sale Systems), End-User Vertical (Retail, Entertainment, Healthcare, Hospitality, and Other End-User Industries), and Country. The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Ingenico was responsible for roughly 7.7 billion of the world's POS terminal shipments in 2023, outperforming Verifone from the U.S.. The payment processor from France was considered a leading POS producer since 2009 - the oldest figures available. The European company is somewhat of an outlier, as several companies in this list come from China. Examples include Newland Payment Technologyu (NPT), SZZT, Centerm, and PAX. This is not surprising as digital payments are forecast to grow significantly within Asia-Pacific, outperforming both Europe and North America. The source unfortunately does not provide data for all manufacturers or years.

The Report Covers POS Terminal Market Growth and It is Segmented by Component (Hardware, Software, Service), Type (Fixed Point of Sale Terminals, Mobile/Portable Point of Sale Terminals), End-User Industry (Entertainment, Hospitality, Healthcare, Retail), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The global Point of Sale (POS) Terminals market is experiencing robust growth, projected to reach $102.19 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 8.98% from 2025 to 2033. This expansion is driven by several key factors. The increasing adoption of digital payment methods across various industries, including entertainment, hospitality, healthcare, and retail, is a major catalyst. Businesses are increasingly seeking efficient and secure transaction processing solutions, leading to higher demand for sophisticated POS terminals with features like integrated payment gateways, inventory management, and customer relationship management (CRM) capabilities. Furthermore, the rising prevalence of omnichannel retail strategies, requiring seamless integration of online and offline sales channels, is bolstering the market. Technological advancements, such as the integration of cloud-based solutions and the proliferation of mobile POS systems, further contribute to this growth trajectory. The market is segmented by end-user (entertainment, hospitality, healthcare, retail, others) and component (hardware, software, services), allowing for specialized solutions tailored to specific industry needs. Competitive pressures are high, with major players like NCR Corp., Ingenico Group SA, and VeriFone Inc. constantly innovating and expanding their product portfolios to maintain market share. The geographic distribution of the market reflects global trends in digitalization. While North America and Europe currently hold significant market share due to high levels of technological adoption and established e-commerce infrastructure, the Asia-Pacific (APAC) region is expected to witness the fastest growth rate, fueled by rapid economic development and increasing smartphone penetration in countries like China and India. However, challenges remain, including concerns regarding data security and the need for robust cybersecurity measures in the face of rising cyber threats. Moreover, the cost of implementing and maintaining POS systems can be a barrier to entry for smaller businesses, particularly in developing economies. Nevertheless, the overall outlook for the POS terminal market remains positive, driven by continuous innovation and the ever-increasing demand for efficient and secure transaction processing across diverse industries.

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POS Terminals Market Size 2024-2028

The POS terminals market size is forecast to increase by USD 54.9 billion at a CAGR of 8.98% between 2023 and 2028. The market is witnessing significant growth due to the increasing demand for convenience in consumer transactions. Modern drive-thrus are adopting advanced POS systems to enhance customer experience, leading to a rise in demand. However, privacy and security concerns remain key challenges. With the increasing use, there is a growing risk of misuse of information and data leakage.

Lack of awareness among businesses and consumers about network security and identity threats further exacerbates these issues. Continuous development of new products and technologies is addressing some of these concerns, but high operational and maintenance costs remain a significant barrier to widespread adoption. As the market evolves, addressing these challenges while maintaining the benefits of convenience and advanced functionality will be crucial for the growth of the POS terminal market in drive-thrus.

Market Analysis

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The market is witnessing significant growth due to the increasing adoption in various downstream applications such as retail, hospitality, healthcare, and banking. The consumption area for POS terminals is expanding beyond traditional electronic appliances to include wireless devices like mobile POS terminals. Fixed POS terminals continue to dominate the market, but mobile-based POS terminals are gaining popularity due to their flexibility and convenience. Growth strategies for market participants include expanding their product offerings to include mobile-based POS terminals, contactless payment technologies, and inventory tracking. Brand new entrants are focusing on providing innovative solutions for specific industries like rental cabs and remittance services.

Furthermore, the market is also driven by the increasing trend of online transactions and the need for efficient inventory management, sales tracking, and accounting in various sectors. POS terminals are being used in various industries such as retail, hospitality, healthcare, and banking for applications like payment processing, sales tracking, inventory management, and accounting. Mobile-based POS terminals and contactless payment technologies are gaining popularity due to their convenience and flexibility. The market is expected to grow significantly in the coming years as businesses continue to digitize their operations.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Entertainment
  Hospitality
  Healthcare
  Retail
  Others


Component

  Hardware
  Software
  Services


Geography

  APAC

    China
    Japan


  North America

    US


  Europe

    Germany
    UK


  South America



  Middle East and Africa

By End-user Insights

The entertainment segment is estimated to witness significant growth during the forecast period. The market encompasses various industries, including Restaurants, Hotels, Gas stations, Retail stores, and others. In the Entertainment segment, POS systems are utilized extensively. These wireless devices facilitate ticket sales, merchandise purchases, and food and beverage transactions in establishments such as movie theaters, amusement parks, casinos, and sports venues. The adoption of POS terminals in this sector brings about several advantages, including enhanced transaction processing efficiency and accuracy, effective sales tracking, and inventory management. Moreover, advanced POS terminals in the Entertainment segment incorporate features like touch screens, barcode scanners, and mobile payment options, thereby improving customer experience and minimizing wait times.

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The Entertainment segment was valued at USD 27.70 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 46% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The growing prevalence of organized retail sectors, including supermarkets and hypermarkets, in countries such as China and India is driving the usage of Point of Sale (POS) systems in the Asia Pacific (APAC) region. The increasing adoption of contactless payment methods in countries like China, Australia, India, and Indonesia is further boosting the demand for POS terminals. Collaborations and partnerships among these companies and other industr

The size and share of the market is categorized based on Application (Retail, Restaurant, Hospitality, Other Industry) and Product (Smart POS, Non-smart POS) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

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Biometric POS Terminals Market Size 2025-2029

The biometric POS terminals market size is forecast to increase by USD 18.34 billion at a CAGR of 23.2% between 2024 and 2029.

The market is witnessing significant growth due to the increasing adoption of advanced biometric technologies such as face recognition and iris recognition for secure transactions. The integration of biometric technology in POS terminals is enhancing security and convenience, especially in the context of mobile payments and consumer electronics. Multi-factor authentication and tokenization are key trends driving the market, as sensors continue to evolve, enabling more accurate and efficient biometric data capture. The healthcare sector is also embracing biometric technology for secure handling of medical information. However, the absence of uniform standards in The market poses a challenge for market growth. In the US and North America, the digital shift towards cashless transactions and the growing popularity of biometric wallets are expected to fuel market demand.

What will be the Size of the Market During the Forecast Period?

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The market encompasses the use of identification technologies, including fingerprint, face, palm, iris recognition, and voice recognition, in point-of-sale systems. These advanced biometric recognition technologies offer significant benefits to various industries, such as e-retailers, POS industries, medical and healthcare, and digital wallets, by enhancing payment convenience and security. Biometric data replaces traditional methods like physical cards, reducing card replacement fees and improving payroll and operational efficiency.
The market's growth is driven by the increasing adoption of biometric technologies for secure and convenient payment solutions, such as fingerprint scanners and voice recognition, in card payment processing and mobile payments. Biometric data security concerns and regulatory compliance remain key challenges for market participants. Overall, the market is poised for continued growth as businesses seek to streamline transactions and enhance security.

How is this Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Retail
  Medical and healthcare
  Restaurant
  Financial
  Others


Technology

  Fingerprint identification
  Palm vein identification
  Others


Type

  Standalone POS terminals
  Integrated POS terminals


Sector

  Large enterprises
  SMEs


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

By End-user Insights

The retail segment is estimated to witness significant growth during the forecast period.

The retail sector's adoption of biometric POS terminals is on the rise, enabling seamless and secure payment processing in retail environments. Biometric technologies, including fingerprint, face, palm, iris, and voice recognition, are integrated into these terminals for single-factor or multi-factor authentication. These identification technologies offer enhanced security against payment fraud and cyberattacks, ensuring convenient and efficient payment processes. In retail applications, biometric POS terminals streamline transactions, manage inventory, and offer various payment options. Advanced features, such as barcode scanners, touchscreens, and CRM system integration, further improve the customer experience and provide valuable business insights. Biometric POS terminals are particularly beneficial in industries like healthcare, banking and finance, and consumer electronics, where security and efficiency are paramount.

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The retail segment was valued at USD 2.79 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 38% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America is driven by the extensive use of credit and debit cards and the increasing concerns over payment fraud. With the prevalence of cyberattacks resulting in significant financial losses, security is a top priority for businesses in the region. Biometric technologies, including fingerprint, face, palm, iris, and voice recognition, are being integrated into POS terminals to enhance securit

The global portable POS terminal market, valued at $8044 million in 2025, is projected to experience robust growth, driven by the increasing adoption of digital payment methods across retail, restaurant, and hospitality sectors. The market's Compound Annual Growth Rate (CAGR) of 5.8% from 2019 to 2024 suggests a consistently expanding market. This growth is fueled by several key factors. The rising preference for contactless payments, spurred by the COVID-19 pandemic, has significantly accelerated the demand for portable POS terminals. Furthermore, the increasing penetration of smartphones and mobile internet connectivity, particularly in emerging markets, is enabling wider accessibility and usage of these devices. Technological advancements, such as improved security features, enhanced processing speeds, and integration with cloud-based systems, also contribute to market expansion. The market is segmented by application (Retail, Restaurant, Hospitality, Others) and type (Android, Windows, Other), with Android-based terminals gaining significant traction due to their flexibility and cost-effectiveness. Key players such as Ingenico, Verifone, and PAX are driving innovation and competition within the market, constantly introducing new models with advanced features to cater to evolving customer needs. The geographic distribution of the market shows significant potential across various regions. North America, with its mature digital payment infrastructure and high consumer spending, holds a substantial market share. However, rapidly developing economies in Asia-Pacific, particularly in China and India, are experiencing exponential growth in the adoption of portable POS terminals, indicating a significant future market expansion in these regions. Factors such as government initiatives to promote digital transactions and the rise of e-commerce are significantly impacting the market's trajectory in these regions. Challenges such as data security concerns and the need for robust infrastructure remain, but innovative solutions and increased regulatory frameworks are mitigating these issues, paving the way for continued growth in the portable POS terminal market.

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The pos terminals market research report estimates the market size to be USD 3.90 bn in 2020-2024. The incremental growth and the accelerate growth momentum present a positive outlook for the market. This will encourage established as well as new vendors to make investments and strengthen their position in the pos terminals market.

The pos terminals market research report offers several other key information including:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive pos terminals market growth during the next five years
Precise estimation of the pos terminals market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the pos terminals market industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of pos terminals market vendors

The EMV Point of Sale (POS) Terminals market is experiencing robust growth, projected to reach a market size of $10.23 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 10.22%. This expansion is driven by the increasing adoption of digital payment methods globally, fueled by the rising preference for contactless transactions and the expanding e-commerce sector. The shift towards cashless societies, coupled with stringent government regulations mandating EMV compliance, significantly contributes to market growth. Furthermore, technological advancements in POS terminals, including improved security features, enhanced processing speeds, and integrated functionalities like inventory management and customer relationship management (CRM), are driving demand. The retail and hospitality sectors are key end-users, benefiting from streamlined operations and enhanced customer experiences provided by these advanced terminals. Competition within the market is fierce, with established players like VeriFone, NCR Corp., and PAX Global Technology Ltd. vying for market share alongside emerging innovative companies. Strategic partnerships, mergers and acquisitions, and continuous product innovation are key competitive strategies employed by companies to maintain a strong market position. The geographic distribution of the market reveals significant regional variations. North America and Europe currently hold substantial market shares, driven by early adoption of EMV technology and well-established payment infrastructure. However, the Asia-Pacific region is expected to witness the fastest growth in the coming years, propelled by rapid economic development, expanding middle class, and increasing smartphone penetration, leading to higher adoption rates of digital payment systems. While challenges remain, such as the initial investment costs for businesses and the ongoing need for cybersecurity enhancements, the overall market outlook for EMV POS terminals remains highly positive, promising sustained growth throughout the forecast period (2025-2033).

The global portable POS terminal market, valued at $8044 million in 2025, is projected to experience robust growth, driven by the increasing adoption of digital payment methods across retail, restaurants, and hospitality sectors. The market's Compound Annual Growth Rate (CAGR) of 5.8% from 2019 to 2033 reflects a consistent demand for portable and versatile point-of-sale solutions. This growth is fueled by several key factors. The rising preference for contactless payments, particularly post-pandemic, is a major driver, alongside the increasing penetration of smartphones and mobile internet access, enabling seamless mobile transactions. Furthermore, the expansion of e-commerce and the need for businesses to offer diverse payment options are contributing significantly to market expansion. The Android operating system currently dominates the market share for portable POS terminals due to its affordability and adaptability. However, competition from other operating systems like Windows is expected to intensify. Geographical expansion is also a key element, with regions like Asia-Pacific showing significant potential due to rapid economic growth and increasing urbanization. While challenges such as the high initial investment costs for businesses and potential security concerns related to data breaches exist, the overall market outlook remains positive. The ongoing development of innovative features, such as integrated loyalty programs and advanced analytics capabilities, further enhances the attractiveness of portable POS terminals for businesses of all sizes. The market segmentation reveals a significant contribution from the retail sector, followed by restaurants and hospitality. This is likely to persist throughout the forecast period, though the "Others" segment, encompassing emerging applications like healthcare and delivery services, is anticipated to exhibit strong growth. Competition among established players like Ingenico, Verifone, and PAX is intense, leading to continuous innovation and price optimization. The emergence of newer players in rapidly developing economies further intensifies market dynamics. This competitive landscape, coupled with technological advancements and evolving consumer preferences, will shape the trajectory of the portable POS terminal market in the coming years. The forecast period of 2025-2033 promises substantial growth, with regions such as Asia-Pacific expected to be key contributors to this expansion.

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The emv pos terminals market research report estimates the market size to be $ 4.28 bn in 2021-2025. The incremental growth and the accelerate growth momentum present a positive outlook for the market. This will encourage established as well as new vendors to make investments and strengthen their position in the emv pos terminals market.

The emv pos terminals market research report offers several other key information including:

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive emv pos terminals market growth during the next five years
Precise estimation of the emv pos terminals market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the emv pos terminals market industry across APAC, North America, Europe, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of emv pos terminals market vendors

The market size of the Wireless Pos Terminal Devices Consumption Market is categorized based on Application (Retail, Restaurant, Hospitality, Other Industry) and Product (Smart POS, Non-smart POS) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

This report provides insights into the market size and forecasts the value of the market, expressed in USD million, across these defined segments.

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The emv pos terminals market is expected to grow at a CAGR of 9% during the forecast period. This market growth can be attributed to various factors including Increasing penetration of contactless payments, Large potential end-user base, and Increased e-commerce transactions.

The emv pos terminals market report offers several other valuable insights such as:

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive emv pos terminals market growth during the next five years
Precise estimation of the emv pos terminals market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the emv pos terminals market industry across APAC, North America, Europe, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of emv pos terminals market vendors

The global POS terminal market, valued at approximately $10.54 billion in 2025, is projected to experience robust growth, driven by the increasing adoption of digital payment methods across various sectors. A Compound Annual Growth Rate (CAGR) of 10% is anticipated from 2025 to 2033, indicating a significant expansion in market size. This growth is fueled by several key factors. The rising prevalence of e-commerce and omnichannel retail strategies necessitates seamless and efficient point-of-sale solutions. Furthermore, the increasing demand for advanced features such as contactless payments, mobile integration, and data analytics capabilities is driving the adoption of smart POS terminals over traditional counterparts. Financial institutions are leading the adoption, followed by third-party payment processors and other businesses. The market is witnessing a shift towards smart POS terminals due to their enhanced functionalities and security features. Regional growth will vary, with North America and Asia Pacific expected to be major contributors due to high consumer spending and technological advancements. However, emerging markets in regions like Middle East & Africa and South America also present substantial untapped potential. Competition is intense, with established players like Ingenico, Verifone, and PAX competing with rapidly growing companies from China and other regions. The market's future hinges on technological innovation, the development of secure payment systems, and the evolving regulatory landscape across different geographies. The segmentation of the POS terminal market by application and type reveals further insights. Financial institutions continue to be the largest segment, owing to their extensive network and high transaction volumes. However, the third-party payment institution segment is experiencing rapid growth due to the expansion of online and mobile payment platforms. Smart POS terminals are gaining significant traction due to their enhanced capabilities, driving a shift away from traditional POS terminals. This trend is expected to accelerate in the coming years, supported by increasing investments in technological upgrades and the focus on improved customer experience. The competitive landscape is characterized by both established players and emerging innovative companies, leading to a dynamic market with ongoing product development and strategic partnerships. The future success of companies in this space will depend on their ability to adapt to changing customer needs, offer secure and reliable solutions, and navigate the evolving regulatory environment.

The Report Covers Payment Companies in Europe and the market is Segmented by Mode of Payment (Point of Sale (Card Payments, Digital Wallet, Cash), Online Sale (Card Payments, Digital Wallet)), by End-user Industries (Retail, Entertainment, Healthcare, Hospitality), and by Country.

The Point-of-Sale (POS) terminal market is experiencing robust growth, projected to reach a market size of $2.74 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 12.68% from 2025 to 2033. This expansion is driven by several key factors. The increasing adoption of digital payment methods globally, fueled by the rise of e-commerce and mobile commerce, is a significant catalyst. Furthermore, the demand for enhanced security features in POS systems, coupled with the need for streamlined and efficient checkout processes, is boosting market growth. Businesses of all sizes, from small retailers to large enterprises, are investing in advanced POS terminals to improve customer experience, optimize inventory management, and gain valuable business insights through data analytics. The integration of POS systems with other business software, enabling seamless data flow and enhanced operational efficiency, is another crucial driver. The market is segmented into hardware, software, and services components, each contributing to the overall market expansion. Hardware advancements, including touchscreen capabilities, improved processing power, and mobile connectivity, are particularly noteworthy. The software segment benefits from continuous innovation in areas like inventory management, customer relationship management (CRM), and loyalty programs. Finally, the services component, encompassing installation, maintenance, and support, provides crucial ongoing value to businesses relying on these systems. Competition in the POS terminal market is intense, with established players like NCR, Verifone, and Ingenico alongside emerging technology companies vying for market share. Key competitive strategies include technological innovation, strategic partnerships, and expansion into new geographical markets. While the market faces some restraints such as the initial high investment cost for some businesses and the complexities associated with system integration, the overall growth trajectory remains positive. Regional variations in market penetration exist, with North America and Europe currently holding larger market shares due to advanced technological infrastructure and high digital adoption rates. However, rapid growth is anticipated in emerging economies across Asia-Pacific and other regions, driven by increasing digitalization and economic development. The market's long-term outlook remains promising, indicating substantial opportunities for growth and innovation in the years to come.

The mPOS (mobile point-of-sale) terminal market is experiencing robust growth, projected to reach a market size of $44.26 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of 12.73%. This significant expansion is driven by several key factors. The increasing adoption of cashless payment methods, fueled by the convenience and security of digital transactions, is a major catalyst. Furthermore, the proliferation of smartphones and mobile devices, coupled with improved internet connectivity, particularly in emerging markets, has broadened the accessibility and utility of mPOS systems for small and medium-sized businesses (SMBs). The market is also being shaped by the rising demand for integrated solutions that offer features like inventory management, customer relationship management (CRM), and loyalty programs, enhancing operational efficiency and customer engagement. Competition within the sector is fierce, with established players like Fiserv, HP, NEC, and Verifone alongside innovative companies like Posiflex, PAX Technology, and Ingenico vying for market share. Continued technological advancements, including the integration of NFC (Near Field Communication) technology and biometric authentication, are further fueling market expansion. The regional distribution of the mPOS market reflects varying levels of technological adoption and economic development. North America and Europe, with their advanced digital infrastructures and high rates of cashless transactions, are likely to maintain substantial market shares. However, the fastest growth is anticipated in the Asia-Pacific region, driven by a burgeoning SMB sector and increasing smartphone penetration. Latin America and the Middle East and Africa also represent promising growth avenues, although infrastructural challenges may present hurdles. The market segmentation analysis, encompassing production, consumption, import/export, and price trends, offers valuable insights for strategic decision-making. Understanding these dynamics – including the evolution of pricing strategies in response to technological innovation and competitive pressures – is crucial for industry players navigating this dynamic landscape. Future growth hinges on addressing potential restraints, such as data security concerns, regulatory compliance requirements, and the need for robust customer support to ensure seamless adoption and usage. This report provides a detailed analysis of the global mPOS terminals market, covering the period from 2019 to 2033. It delves into market dynamics, including growth drivers, challenges, and emerging trends, offering valuable insights for businesses operating in or considering entry into this rapidly evolving sector. The study utilizes data from the historical period (2019-2024), with the base year being 2025 and a forecast period spanning 2025-2033. The market size is valued in millions of units. Key aspects of the mobile POS system market, including mobile payment terminals and portable POS systems, are extensively examined. Recent developments include: May 2023: CaixaBank announced the launch of a new app that allows contactless payments via Android devices in Spain. With the application launch, the bank has become the first Spanish bank that allows the service, which negates the need for a supplementary device., January 2022: Ayden V. discovered an all-in-one mobile POS terminal containing the Android OS in the United Kingdom, United States, and European Union. One of the major advantages of utilizing this device is that it does not require barcodes or separate cash registers to conduct financial transactions, which can expand the efficiency of a company., October 2022: German finance and technology firm Unzer launched a new mobile POS system meant for SMEs. The new product is called POS Go, which will enable merchants to take cashless or digital payments anywhere and the product also comes bundled with beneficial features such as digital receipt storage and accounting, in addition to real-time sales analysis.. Key drivers for this market are: Reduced Cost of overall payment process and inventory management, Increase in Adoption of Card and Online payment. Potential restraints include: Security of Data Stored with Third Party (Cloud). Notable trends are: Increase in Adoption of Card and Online payment.

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The pos terminals market is expected to grow at a CAGR of 9% during the forecast period. This market growth can be attributed to various factors including growing need for self-service POS terminals.

The pos terminals market report offers several other valuable insights such as:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive pos terminals market growth during the next five years
Precise estimation of the pos terminals market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the pos terminals market industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of pos terminals market vendors

The global commercial POS (Point of Sale) system market is experiencing robust growth, driven by the increasing adoption of digital technologies in retail and foodservice sectors. The market size in 2025 is estimated at $24.81 billion (based on the provided "Market size 24810" and "Value Unit million"). While the CAGR is not specified, considering the ongoing digital transformation and the penetration of cloud-based and web-based POS solutions, a conservative estimate would place the CAGR for the forecast period (2025-2033) between 7% and 10%. This growth is fueled by several key drivers, including the need for enhanced operational efficiency, improved inventory management, streamlined customer relationship management (CRM), and the growing demand for data-driven insights to optimize business strategies. The market is segmented by deployment type (cloud-based and web-based) and application (retail, foodservice, and others), with cloud-based systems gaining significant traction due to their scalability, accessibility, and cost-effectiveness. Emerging trends like the integration of mobile payment solutions, AI-powered analytics, and omnichannel commerce are further accelerating market growth. However, factors like the high initial investment cost of implementing new POS systems and the complexities associated with data security and integration with existing infrastructure pose some restraints to market expansion. The competitive landscape is marked by a mix of established players like NCR, Toshiba, and Lightspeed, alongside emerging companies such as Zonerich and Posiflex. These companies are constantly innovating to offer advanced features and cater to the specific needs of various industries. The market is geographically diverse, with North America and Europe currently holding significant market share. However, rapid digitalization in emerging economies like those in Asia-Pacific is expected to drive considerable growth in these regions over the forecast period. The continuous evolution of POS technology, incorporating features such as loyalty programs, advanced reporting capabilities, and improved customer engagement tools, ensures the market's long-term growth potential. The forecast period of 2025-2033 presents significant opportunities for both established and emerging players, who can leverage technological advancements and changing consumer behavior to capture a larger market share.