The global POS Terminal Hardware market size is predicted to grow from US$ 60490 million in 2025 to US$ 110610 million in 2031; it is expected to grow at a CAGR of 10.6% from 2025 to 2031.
POS Terminals is a computerized replacement for a cash register. The POS system can include the ability to record and track customer orders, process credit and debit cards, connect to other systems in a network, and manage inventory. Generally, a POS terminal has as its core a personal computer, which is provided with application-specific programs and I/O devices for the particular environment in which it will serve. A POS system for a restaurant, for example, is likely to have all menu items stored in a database that can be queried for information in a number of ways. POS terminals are used in most industries that have a point of sale such as a service desk, including Entertainment, Healthcare, Hospitality, and Retail.
The POS terminal hardware market is driven by the increasing adoption of cashless payment systems and the growing demand for efficient and secure point-of-sale transactions. POS terminal hardware, including card readers, touchscreen displays, and barcode scanners, forms the backbone of modern retail and hospitality industries. The rise in e-commerce and mobile payment trends contribute to market growth as businesses seek to provide seamless and convenient payment options to customers. Moreover, advancements in POS technology, such as contactless payment capabilities and biometric authentication, have improved transaction speed and security. However, the market also faces challenges, including the need for interoperability among different POS systems and the constant need for software updates and security enhancements to protect against cyber threats. Additionally, addressing the demand for cost-effective and user-friendly POS hardware and ensuring compliance with changing payment regulations can pose obstacles for manufacturers. To succeed, companies must focus on research and development to offer innovative and scalable POS terminal hardware, collaborate with payment service providers to meet merchant requirements, and address the challenges to meet the increasing demand for seamless and secure point-of-sale transactions.
LP Information, Inc. (LPI) ' newest research report, the “POS Terminal Hardware Industry Forecast” looks at past sales and reviews total world POS Terminal Hardware sales in 2024, providing a comprehensive analysis by region and market sector of projected POS Terminal Hardware sales for 2025 through 2031. With POS Terminal Hardware sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world POS Terminal Hardware industry.
This Insight Report provides a comprehensive analysis of the global POS Terminal Hardware landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on POS Terminal Hardware portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global POS Terminal Hardware market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for POS Terminal Hardware and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global POS Terminal Hardware.
This report presents a comprehensive overview, market shares, and growth opportunities of POS Terminal Hardware market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fixed POS Terminals
Wireless POS Terminals
Mobile POS Terminals
Segmentation by Application:
Financial Institutions
Third-party Payment Institutions
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Ingenico
Verifone
PAX
Newland Payment
LIANDI
Xin Guo Du
New POS Technology
Bitel
CyberNet
Castles Technology
SZZT
Key Questions Addressed in this Report
What is the 10-year outlook for the global POS Terminal Hardware market?
What factors are driving POS Terminal Hardware market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do POS Terminal Hardware market opportunities vary by end market size?
How does POS Terminal Hardware break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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