Global Wireless POS Terminals Market to Reach $26.4 Billion by 2030
The global market for Wireless POS Terminals estimated at US$12.6 Billion in the year 2023, is expected to reach US$26.4 Billion by 2030, growing at a CAGR of 11.1% over the analysis period 2023-2030. Portable Countertop & PIN Pad, one of the segments analyzed in the report, is expected to record a 10.6% CAGR and reach US$12.8 Billion by the end of the analysis period. Growth in the mPOS segment is estimated at 11.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 10.3% CAGR
The Wireless POS Terminals market in the U.S. is estimated at US$3.8 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 10.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 9.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.
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