Global Point of Sale (POS) Market (2019-2025) | Share, Size, Analysis, Forecast, Trends, Growth, industry, Outlook, Revenue & Value

Latest 2023 Development of the Global Point of Sale Market

The global Point of Sale (POS) market is witnessing the rising adoption of cloud-based POS systems. With the growing demand for flexibility, scalability, and accessibility, cloud-based POS systems have become more popular. Cloud-based POS systems allow retailers to manage their business operations from anywhere and at any time, thereby enhancing efficiency and productivity. Additionally, the integration of AI and ML technology into POS systems help retailers identify customer buying patterns, inventory management, and other aspects of retail operations, resulting in better decision-making and increased sales. The mobile POS market is growing rapidly as more retailers are adopting mobile payment options. This allows retailers to process transactions quickly and efficiently and provides a more seamless checkout experience for customers. Further, the global POS industry is also witnessing a growing demand for contactless payment options, particularly after the outbreak of the Covid-19 pandemic. In response to the pandemic, the demand for contactless payment options has increased. Many retailers have adopted contactless payment options such as NFC-based payments and QR codes, to provide a safer checkout experience for customers. Moreover, the market has also witnessed an increase in demand for POS security. As POS systems become more sophisticated and integrated with other business systems, there is an increasing need for robust security measures to prevent data breaches and fraud. Retailers are investing in advanced security systems to protect customer data and ensure compliance with regulations.

Global Point-of-Sale Market Synopsis

The Global Point-of-Sale market is anticipated to witness immense growth during the forecast period. Multiple features such as inventory management, CRM, employee scheduling, reporting, and payment processing are accelerating the demand for Point-of-Sale globally. Large and small-scale businesses are provided with greater flexibility, control, and intelligence due to advancements in POS terminals, leading to the immense growth of the market.

According to 6Wresearch, Global Point-of-Sale (POS) Market size is projected to register high growth during 2019-2025. Increasing adoption of cloud technology and the need for improved operations in the business are the key factors driving the POS market globally. Consistent changes are required to be done in POS hardware and software due to rapidly changing technology.

The rise in demand for automation, artificial learning, data analysis, and enhanced customer services are some of the other factors leading to the growth of the POS market. APAC region accounted for a major share of market revenues owing to the growing acceptance of cloud technology in the industrial and commercial sectors, followed by the European region.

The POS terminals market report thoroughly covers the market by terminals type, end-users, and regions including as Asia Pacific, Europe, North America, the Middle East, Africa and the Rest of the World and key countries. The POSmarket outlook report provides an unbiased and detailed analysis of the ongoing POS market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The global Point of sale market is going to raise the demand for customer relationship management (CRM), payment processing, and customer purchase growth take place. In the global point of sale market for large businesses POS systems gain consumers and then conduct personalized marketing this will help the consumer and attract the consumer and going to boost sales. Small and medium businesses realized the benefit. Industries such as restaurants, and retail.  

Key Highlights of the Report:

• Global POS Market Overview
• Global POS Market Outlook
• Global POS Market Forecast
• Historical Data of Global POS Market Revenues for the Period 2015-2018
• Global POS Market Size and Global POS Market Forecast of Revenues, Until 2025
• Historical Data of Global POS Market Revenues, by Terminal Types, for the Period 2015-2018
• Market Size & Forecast of Global POS Market Revenues, by Terminal Types, until 2025
• Historical Data of Global POS Market Revenues, by End-User, for the Period 2015-2018
• Market Size & Forecast of Global POS Market Revenues, by End-User, until 2025
• Historical Data of North America point-of-sale Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of North America Point-of-sale Market Revenues and Volume, Until 2025
• Historical Data of Latin America Point-of-sale Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Latin America Point-of-sale Market Revenues and Volume, Until 2025
• Historical Data of Europe Point-of-sale Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Europe Point-of-sale Market Revenues and Volume, Until 2025
• Historical Data of Asia Pacific POS Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific POS Market Revenues and Volume, Until 2025
• Historical Data of the Middle East and Africa POS Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of the Middle East and Africa POS Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• Global POS Market Trends
• Market Opportunity Assessment
• Global POS Market Share, By Countries
• Global POS Market Share, By Players
• Global POS Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

Global POS Terminals Market report provides a detailed analysis of the following market segments:

POS Terminal Types:

• Portable
• Countertop
• Mobile POS
• PIN Pad
• Multimedia

End Users:

• Hospitality & Healthcare
• Retail & e-Commerce
• Government & Transportation
• Others

By Regions:

• Asia Pacific
• Europe
• North America
• The Middle East and Africa
• Rest of the World

Global Point of Sale (POS) Market: FAQs