Press Release

Retail Industry to Dominate Global POS Terminal Market till 2024

Increasing proliferation of POS terminals in a wide range of end-use industries such as retail, hospitality and healthcare to drive global POS terminal market through 2024

According to TechSci Research report, Global POS Terminal Market By Product Type, By Deployment, By EMV Compliance, By Industry, By Region, Competition, Forecast & Opportunities, 2024, global POS terminal market is forecast to register a CAGR of over 9% during the forecast period, owing to increasing demand for managing payments in large end-user industries such as retail, healthcare, education, travel & hospitality, and media & entertainment. Moreover, declining prices of POS terminals and government initiatives to promote cashless transaction is expected to promote market growth in coming years.

Browse 6 market data Tables and 137 Figures spread through 151 Pages and an in-depth TOC on "Global POS Terminal Market "

Global POS terminal market can be segmented based on product type, deployment, EMV compliance and industry. In terms of product type, the market has been categorized into fixed, portable and mPOS. Of these categories, fixed POS held the major share in 2018, however, portable and mPOS terminals are expected to register high growth during the forecast period, owing to high flexibility and mobility in performing payment processes. EMV compliance is the preferred segment in global POS terminal market, as it offers enhanced security.    

Download Sample Report @

Customers can also request for 10% free customization on this report.

Ingenico Group S.A., Verifone Systems Inc., Fujian Newland Payment Technology Co., LTD Centerm Information Co., LTD and PAX Technology etc are some of the leading players operating in global POS terminal market. Companies offering POS terminals are developing advanced solutions in terms of hardware and software based on specific application requirements. Moreover, they are focusing on integrating various technologies such as EMV and contactless features so as to register high growth. In 2017, Verifone launched Verifone Carbon 8, which is an affordable and portable POS solution.

“Retail industry is the leading segment in global POS terminal market, as POS terminals can speed up sales and billing operations and offer high operational efficiency. Moreover, increasing e-commerce transactions in different countries and growing use of Europay, Mastercard and Visa (EMV) cards are expected to positively impact growth of global POS terminal market over the course of next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global POS Terminal Market By Product Type, By Deployment, By EMV Compliance, By Industry, By Region, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of POS terminal market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global POS terminal market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.


Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017


Tel: +1-646-360-1656


Email: [email protected]

Relevant Reports

POS Terminal Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Fixed, Portable & mPOS), By Deployment (Cloud & On-Premise), By EMV Compliance (EMV & Non-EMV), By Industry (Retail, Travel & Hospitality & Others), By Region, By Competition

ICT | Apr, 2024

The Global POS Terminal Market is rising due to the increasing demand for digital payment solutions, enhanced customer experiences, and the widespread adoption of contactless payment methods in various industries in the forecast period 2025-2029

Relevant News