Top Point Of Sale Terminals Companies

Point Of Sale Terminals Market size was valued at USD 101.95 Billion in 2023 and is poised to grow from USD 110.11 Billion in 2024 to USD 203.81 Billion by 2032, growing at a CAGR of 8% during the forecast period (2025-2032).

Global point of sale terminals market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the global market. 'Ingenico Group', 'Verifone Systems, Inc.', 'Toshiba Corporation', 'PAX Global Technology Limited', 'NCR Corporation', 'Diebold Nixdorf, Incorporated', 'Fujitsu Limited', 'NEC Corporation', 'Panasonic Corporation', 'HP Inc.', 'MICROS Systems Inc.', 'Samsung Electronics Co., Ltd.', 'Cisco Systems, Inc.', 'POSCO', 'Hisense Co., Ltd.', 'Wincor Nixdorf AG', 'Oracle Corporation', 'Square, Inc.', 'Shopify Inc.', 'Lightspeed POS Inc.'

Increasing demand for mPOS among the population

Technological advancement is a key trend gaining popularity in the point-of-sale terminal market. For example, in September 2021, PAX Global Technology, a Chinese manufacturer of payment terminals, PIN pads, and point-of-sale hardware and software, launched Android payphones in Amsterdam. In November 2020, Worldline, a France-based payment, and transactional services company acquired Ingenico for a deal value of USD 8.5 billion.

On the basis of region, global point of sale terminals market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. Asia Pacific dominated the global market. Rising wages and rising living standards have boosted the retail industry in emerging markets such as India and China, driving retail POS demand. Government measures in this sector are designed to promote a cashless economy and increase demand for POS terminals. Low penetration and demand for mobile POS terminals will create significant growth in emerging Asia Pacific countries such as the Philippines, India, Vietnam, Thailand, and Singapore.