North America Point of Sale (POS) Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

Latest 2023 Developments of the North America Point of Sale (POS) Market

North America Point of Sale (POS) Market has seen the latest developments which include the introduction of cloud-based apps which are expected to replace machine resident programs in the future, robust reliable and proven hybrid multi-function configurable POS systems, like POS-n-go, that can meet the business needs of small and medium-sized merchants and restaurants across North America. The POS system hardware and software have been improved and upgraded over the years to ensure secure transactions and portability. POS providers have increased investments in end-to-end encryption technology to secure payment gateways that would build customer trust and help in impelling product demand. In addition, multifunctional software integrated with a POS system would offer safe payment, customer data analysis, and employee information storage facility to the end-user.

Mergers and Acquisitions:

• November 2019 - NCR Corporation announced the acquisition of POS Solutions
• On November 17, 2020, MSL Solutions Limited announced the acquisition of SwiftPOS.
• On December 1, 2020, Lightspeed POS Inc. announced that it had acquired Upserve Inc
• In March 2021, Lightspeed POS announced that it will acquire Vend
• In August 2021, Square, Inc. and Afterpay Limited announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the issued shares in Afterpay.

North America Point of Sale (POS) Market Synopsis

The growth of the Point-of-Sale market in the North America region is attributed to the technological up-gradation in the payment industry, and a greater focus on offering customized or business-specific solutions to customers. Additionally, increasing investment by enterprises for technological up-gradation to deliver secure payment solutions would accelerate the demand for the Point-of-Sale market over the years.

According to 6Wresearch, North America POS market size is projected to register high growth over the forecast period, 2019-2025. The application of wireless payment systems, increased use of cashless transactions, increasing usage of debit and credit cards, and the emergence of wireless technology in mobile handsets and wearables are expected to drive the market growth of POS over the forecast period.

In the North America region, Canada is expected to witness higher growth prospects by 2025 on the back of growing acceptance of the mobile POS terminal market. The retail and E-commerce segment holds the largest market share due to the presence of an effective payment platform for retail customers.

The North America POS market report thoroughly covers the market by terminal types, end-users, and countries such as the US, Canada, and the rest of North America. The POS market outlook report provides an unbiased and detailed analysis of the on-going North America 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.

North America Point of Sale Market cost-effectiveness is driven on the base of growth, affordability, and medium-sized businesses. In North America point of sale market players launching advanced technologies and increasing the functionalities of the POS to bite the competitive edge in the upcoming next. North America is the main revenue-generating for the point of sale (POS) Terminal market.  

Point-of-sale technology according to the North America terminal market announced in the past three years the demise of the retail point-of-sale market and technology is based on anything but dead. The rates increase significantly and declining POS shipments. In previous years, the traditional Point of sale market is based on unified commerce and related to trends. The study, it focuses on the retailed point of sale market n North America till the present. They include installed base, shipment, and trends analyses of the point-of-sale device. For designing the report the POS hardware and software providers, retailers, EFT device vendors, and printer manufacturers.

The market gets affected according to the report which is covered in the emerging. The market going to help the decisions in the future of the Point of sale market. It also includes the estimated market value for the shipments and going to install the base of the forecast and shipments. 

Key Highlights of the Report:

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

Markets Covered:

The North America POS terminals market report provides a detailed analysis of the following market segments:

POS Terminal Types:

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

By End Users:

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

By Countries:

• US
• Canada
• Rest of North America

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