The POS terminal market is anticipated to be worth US$ 110.69 billion in 2024. The market is expected to grow at a positive rate over the period from 2024 to 2034, with a CAGR of 8.0%. By the end of the forecast period, the market value is predicted to hit US$ 238.97 billion.
Attributes | Details |
---|---|
POS Terminal Market Value for 2024 | US$ 110.69 billion |
Projected Market Value for 2034 | US$ 238.97 billion |
Value-based CAGR of Market for 2024 to 2034 | 8.0% |
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Software is the top component in the market. Fixed POS terminals remain in pole position when it comes to the type of POS terminal.
For 2024, POS software is expected to account for 44.1% of the market share by component. Some of the key drivers for the increasing use of POS software are:
Attributes | Details |
---|---|
Top Component | POS Software |
Market Share (2024) | 44.1% |
Fixed POS terminals are anticipated to account for 61.5% of the market share by type in 2024. Some of the key drivers for the progress of fixed POS terminals include:
Attributes | Details |
---|---|
Top Type | Fixed POS |
Market Share (2024) | 61.5% |
The Asia Pacific’s considerable young population is driving the demand in the POS Terminal industry. The burgeoning beauty and personal care sector in the region is also contributing to the market’s acceleration in the Asia Pacific.
The rise of disposable income is making sure people are buying more beauty products in North America. The influence of social media is also felt in the market’s progress in the region.
Countries | CAGR |
---|---|
United States | 4.9% |
China | 8.5% |
Japan | 4.8% |
Germany | 3.5% |
Australia and New Zealand | 11.5% |
The market is set to register a CAGR of 4.9% in the United States for the forecast period. The key drivers for growth are:
The CAGR for POS terminal in China is tipped to be 8.5% over the forecast period. Some of the key factors driving the growth are:
The CAGR for POS terminal in Japan is tipped to be 4.8% over the forecast period. Some of the key factors driving the growth are:
The market is expected to register a CAGR of 3.5% in Germany for the forecast period. Some of the key trends include:
The market is expected to register a CAGR of 11.5% in Australia and New Zealand. Some of the key trends include:
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The POS terminal landscape is heavily fragmented, with multiple players vying for dominance. Small-scale companies and startups are looking to establish themselves in the market with the help of innovative payment methods and schemes.
Companies in the POS terminal market are establishing strategic partnerships. Collaborations with payment service providers are also being done by market players.
Recent Developments in the POS Terminal Market
The POS terminal market size is expected to be worth US$ 110.69 billion in 2024.
The POS terminal market is estimated to get as big as US$ 238.97 billion in 2034.
The CAGR of the POS terminal market during the 2024 to 2034 period in the United States is estimated to be 4.9%.
The POS terminal market can be divided into the following segments: type, application, type, and component.
The POS terminal market is expected to grow at a CAGR of 8.0% over the period of 2024 to 2034.
Cashless transactions becoming the norm for a significant number of consumers and increasing government nursing of the digital economy are two of the trends in the POS terminal industry.
The POS terminal market is forecasted to grow at a CAGR of 8.5% in China over the period from 2024 to 2034.
Cisco Systems, Inc., Emerge Mobile (Pty) Ltd., Equinox Payments, LLC, and Hewlett-Packard Development Company L.P. are some of the key companies in the POS Terminal industry.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Component 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Component, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Component, 2024 to 2034 5.3.1. Devices 5.3.2. POS Software 5.3.2.1. Cloud-Based 5.3.2.2. On-Premises 5.3.3. Services 5.3.3.1. Consulting Services 5.3.3.2. Integration & Implementation 5.3.3.3. Support & Maintenance 5.4. Y-o-Y Growth Trend Analysis By Component, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Component, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Type, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2024 to 2034 6.3.1. Fixed POS 6.3.2. Portable/Mobile POS 6.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis By Application, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2024 to 2034 7.3.1. Restaurants 7.3.2. Hospitality 7.3.3. Healthcare 7.3.4. Retail 7.3.5. Warehouse / Distribution 7.3.6. Entertainment 7.3.7. Others 7.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023 8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Western Europe 8.3.4. Eastern Europe 8.3.5. South Asia and Pacific 8.3.6. East Asia 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Component 9.2.3. By Type 9.2.4. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Component 9.3.3. By Type 9.3.4. By Application 9.4. Key Takeaways 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Component 10.2.3. By Type 10.2.4. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Component 10.3.3. By Type 10.3.4. By Application 10.4. Key Takeaways 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. UK 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Western Europe 11.2.2. By Component 11.2.3. By Type 11.2.4. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Component 11.3.3. By Type 11.3.4. By Application 11.4. Key Takeaways 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. Poland 12.2.1.2. Russia 12.2.1.3. Czech Republic 12.2.1.4. Romania 12.2.1.5. Rest of Eastern Europe 12.2.2. By Component 12.2.3. By Type 12.2.4. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Component 12.3.3. By Type 12.3.4. By Application 12.4. Key Takeaways 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Bangladesh 13.2.1.3. Australia 13.2.1.4. New Zealand 13.2.1.5. Rest of South Asia and Pacific 13.2.2. By Component 13.2.3. By Type 13.2.4. By Application 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Component 13.3.3. By Type 13.3.4. By Application 13.4. Key Takeaways 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By Component 14.2.3. By Type 14.2.4. By Application 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Component 14.3.3. By Type 14.3.4. By Application 14.4. Key Takeaways 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Component 15.2.3. By Type 15.2.4. By Application 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Component 15.3.3. By Type 15.3.4. By Application 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Market Share Analysis, 2023 16.1.1.1. By Component 16.1.1.2. By Type 16.1.1.3. By Application 16.2. Canada 16.2.1. Market Share Analysis, 2023 16.2.1.1. By Component 16.2.1.2. By Type 16.2.1.3. By Application 16.3. Brazil 16.3.1. Market Share Analysis, 2023 16.3.1.1. By Component 16.3.1.2. By Type 16.3.1.3. By Application 16.4. Mexico 16.4.1. Market Share Analysis, 2023 16.4.1.1. By Component 16.4.1.2. By Type 16.4.1.3. By Application 16.5. Germany 16.5.1. Market Share Analysis, 2023 16.5.1.1. By Component 16.5.1.2. By Type 16.5.1.3. By Application 16.6. UK 16.6.1. Market Share Analysis, 2023 16.6.1.1. By Component 16.6.1.2. By Type 16.6.1.3. By Application 16.7. France 16.7.1. Market Share Analysis, 2023 16.7.1.1. By Component 16.7.1.2. By Type 16.7.1.3. By Application 16.8. Spain 16.8.1. Market Share Analysis, 2023 16.8.1.1. By Component 16.8.1.2. By Type 16.8.1.3. By Application 16.9. Italy 16.9.1. Market Share Analysis, 2023 16.9.1.1. By Component 16.9.1.2. By Type 16.9.1.3. By Application 16.10. Poland 16.10.1. Market Share Analysis, 2023 16.10.1.1. By Component 16.10.1.2. By Type 16.10.1.3. By Application 16.11. Russia 16.11.1. Market Share Analysis, 2023 16.11.1.1. By Component 16.11.1.2. By Type 16.11.1.3. By Application 16.12. Czech Republic 16.12.1. Market Share Analysis, 2023 16.12.1.1. By Component 16.12.1.2. By Type 16.12.1.3. By Application 16.13. Romania 16.13.1. Market Share Analysis, 2023 16.13.1.1. By Component 16.13.1.2. By Type 16.13.1.3. By Application 16.14. India 16.14.1. Market Share Analysis, 2023 16.14.1.1. By Component 16.14.1.2. By Type 16.14.1.3. By Application 16.15. Bangladesh 16.15.1. Market Share Analysis, 2023 16.15.1.1. By Component 16.15.1.2. By Type 16.15.1.3. By Application 16.16. Australia 16.16.1. Market Share Analysis, 2023 16.16.1.1. By Component 16.16.1.2. By Type 16.16.1.3. By Application 16.17. New Zealand 16.17.1. Market Share Analysis, 2023 16.17.1.1. By Component 16.17.1.2. By Type 16.17.1.3. By Application 16.18. China 16.18.1. Market Share Analysis, 2023 16.18.1.1. By Component 16.18.1.2. By Type 16.18.1.3. By Application 16.19. Japan 16.19.1. Market Share Analysis, 2023 16.19.1.1. By Component 16.19.1.2. By Type 16.19.1.3. By Application 16.20. South Korea 16.20.1. Market Share Analysis, 2023 16.20.1.1. By Component 16.20.1.2. By Type 16.20.1.3. By Application 16.21. GCC Countries 16.21.1. Market Share Analysis, 2023 16.21.1.1. By Component 16.21.1.2. By Type 16.21.1.3. By Application 16.22. South Africa 16.22.1. Market Share Analysis, 2023 16.22.1.1. By Component 16.22.1.2. By Type 16.22.1.3. By Application 16.23. Israel 16.23.1. Market Share Analysis, 2023 16.23.1.1. By Component 16.23.1.2. By Type 16.23.1.3. By Application 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Component 17.3.3. By Type 17.3.4. By Application 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Cisco Systems, Inc 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.2. Emerge Mobile (Pty) Ltd. 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.3. Equinox Payments, LLC 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.4. Hewlett-Packard Development Company L.P. 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.5. Ingenico S.A. 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.6. iVeri Payment Technologies (Pty) Ltd 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.7. Micros Systems, Inc. 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.8. Miura Systems Ltd. 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.9. NCE Corporation 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.10. Panasonic Corporation 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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