Point-of-Sale Terminal Market To Reach $226.87 Billion By 2033

Point-of-Sale Terminal Market Growth & Trends

The global point-of-sale terminal market size is estimated to reach USD 226.87 billion by 2033, registering a CAGR of 7.9% from 2026 to 2033, according to a new report by Grand View Research, Inc. Increasing demand for Point-of-Sale (POS) terminals from various end-use industries, an increase of modern drive-thru, and rising preference for affordable wireless technologies is anticipated to be among the significant factors driving the industry growth over the forecast period. Furthermore, shifts in customer payment preferences and purchasing behavior also bode well with the market growth. The POS system has become a multifaceted and vital tool for many companies because of numerous useful features across different end-use industries, such as healthcare, restaurant, hospitality, retail, and other industries.

Enterprises in the retail and hospitality sectors use POS terminals for payments as well as additional operational applications, such as inventory management, sales tracking, accounting, and among others. For instance, bars, restaurants, and food service providers depend highly on POS technology to track operations, inventory, sales, and products. These factors are driving the industry across several end-use industries. Mobile applications have introduced a new revenue growth channel by decreasing the payment turnaround time, freeing up floor space, expanding security, eliminating queues, and providing paper-free receipting services. The flexibility of having a smartphone POS or tablet-based POS has encouraged Small and Mid-sized Businesses (SMBs) to invest in mobile POS (mPOS) terminals due to the low deployment costs.

Hence, the demand for contactless payment and mPOS terminals is anticipated to increase in the coming years. The pandemic negatively impacted the tourism sector worldwide. Along with discontinuity in tourist activities in 2020, sectors, such as hospitality, restaurants, and entertainment, and a huge market for POS vendors also suffered considerable losses. In the first quarter of 2020, due to the shutting down of manufacturing facilities worldwide, several players in the market recorded substantial revenue drops in the H1 and H2 of the same year. However, the industry regained its foothold in late 2020 and early 2021. In the wake of the pandemic, the declining trend of cash payments provided avenues for contactless payments, thereby augmenting market growth.

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Point-of-Sale Terminal Market Report Highlights

• The fixed segment dominated the market and accounted for the revenue share of 57.4% in 2025. The fixed POS segment is divided into kiosks and others.

• The hardware segment dominated the market, accounting for the largest revenue share in 2025.

• The on-premise segment dominated the market and accounted for the largest revenue share in 2025 due to the requirement for greater control, customization, and data ownership.

• The retail segment dominated the market, accounting for the largest revenue share in 2025, driven by the global expansion of both brick-and-mortar and e-commerce retail operations.

• The point-of-sale terminal market in North America held a significant share of 29.09% in 2025.

Point-of-Sale Terminal Market Segmentation

Grand View Research has segmented the global point-of-sale terminal market on the basis of product, component, deployment, end use, and region:

Point-of-Sale Terminal Product Outlook (Revenue, USD Billion, 2021 - 2033)

• Fixed

  • Kiosks

  • Others

• Mobile

  • Tablet

  • Others

Point-of-Sale Terminal Component Outlook (Revenue, USD Billion, 2021 - 2033)

• Hardware

• Software

• Services

Point-of-Sale Terminal Deployment Outlook (Revenue, USD Billion, 2021 - 2033)

• Cloud

• On-premise

Point-of-Sale Terminal End Use Outlook (Revenue, USD Billion, 2021 - 2033)

• Restaurants

  • FSR

    • Fine Dine

    • Casual Dine

  • QSR

    • Drive-Thru

    • Others

  • Institutional

  • Fast Casual

    • Drive-Thru

    • Others

  • Others

• Retail

  • Supermarkets/Hypermarkets

  • Convenience Stores

  • Grocery Stores

  • Specialty Stores

  • Gas Stations

  • Others

• Hospitality

  • Spas

  • Hotels

  • Resorts

• Healthcare

  • Pharmacies

  • Others

• Warehouse

• Entertainment

  • Cruise Lines/Ships

  • Cinema

  • Casinos

  • Golf Clubs

  • Stadiums

  • Amusement Parks

• Others

Point-of-Sale Terminal Regional Outlook (Revenue, USD Billion, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East & Africa

  • UAE

  • Saudi Arabia

  • South Africa

List of Key Players of Point-of-Sale Terminal Market

• Acumera, Inc.

• AURES Group

• HP Development Company, L.P.

• Ingenico

• NCR Voyix

• Oracle Corporation

• POSaBIT Inc.

• Presto Phoenix Inc.

• Revel Systems

• Square

• Toast, Inc.

• Toshiba Global Commerce Solutions

• TouchBistro

• Verifone

• Xenial, Inc.