POS market share in India | Insights, Trends & Growth Analysis 2025

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Code: MTA10500

Publication Date: Nov 2025

What is the size of India POS Market?

According to 6Wresearch internal database and industry insights, the India POS Market is expected to register a CAGR of 9.7% between 2025-2031.

This expansion is supported by the growing digital payments ecosystem, rapid retail modernization, and government initiatives promoting cashless transactions. This industry accounted for an estimated market share of over 40% within the overall payment terminal ecosystem in 2024.

Growth Factors for India POS Industry

Rising adoption of digital payment solutions across retail and hospitality sectors.
Government policies supporting financial inclusion and digital economy growth.
Increasing use of mobile POS systems by SMEs and startups.
Technological advancements in contactless and cloud-based POS terminals.
Expansion of e-commerce and omnichannel retail platforms.

India POS Market Trends

Trends in the India POS Market include the integration of AI-driven analytics and cloud-based management systems to improve insights on business performance. Market trends also include the more widespread use of mobile POS terminals that accept QR and NFC-based payment systems. Additionally, secure transaction technologies are being incorporated, including biometrics and facial recognition. Subscription-based POS systems and the use of Android terminals are changing the retail and service industry landscape.

Emerging Developments in the India POS Market

The India POS Market is seeing new developments, such as the rollout of next-generation smart terminals that accept multiple payment methods. Firm activity is focusing on scalable POS software with real-time inventory tracking and CRM integration. Strategic partnerships between fintech companies and banks are expanding POS offerings in tier-II and tier-III cities. And, digital invoicing and GST-compliant tools are beginning to drive new payment infrastructure.