Global Restaurant Point of Sale (POS) Terminal Market to Reach $30.4 Billion by 2030
The global market for Restaurant Point of Sale (POS) Terminal estimated at US$20.4 Billion in the year 2023, is expected to reach US$30.4 Billion by 2030, growing at a CAGR of 5.9% over the period 2023-2030. Fixed POS Terminal, one of the segments analyzed in the report, is expected to record 5.5% CAGR and reach US$22.9 Billion by the end of the analysis period. Growth in the Mobile POS Terminal segment is estimated at 7.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 8.5% CAGR
The Restaurant Point of Sale (POS) Terminal market in the U.S. is estimated at US$5.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.8 Billion by the year 2030 trailing a CAGR of 8.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
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