Global Retail POS Terminals Market Report By Product (Mobile, Fixed), By Component (Software, Hardware, Services (Professional Services, Support & Maintenance Services, Training Services)), By Application (Department Stores, Supermarkets/Hypermarkets, Warehouse, Convenience, Discount Stores, Speciality Stores, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Retail POS Terminals Market is presumed to reach the market size of nearly USD 109.65 Million by 2032 from USD 30.88 Million in 2023 with a CAGR of 15.12% under the study period 2024 - 2032. Regarding volume, the market was calculated XX Thousand Units in 2023 and forecast to touch XX Thousand Units by 2032 with a CAGR of XX% during 2024-2032.

A retail point-of-sale (POS) terminal is a device that is used by retailers to process transactions. It is typically connected to the retailer's cash register and computer, and it can be used for merchandise management and customer service. The terminal typically accepts payment cards such as debit, credit, EBT/SNAP cards, check cards or other forms of payment like cash or checks. It also manages inventory and provides customer service via a touchscreen interface. 

Market Dynamics 

The retail POS terminal market is growing as the demand for mobile POS terminals is increasing as more customers use smartphones and tablets to make transactions. The number of POS terminals in the retail industry is also rising owing to the number of stores. The innovation in terminal technology has also revived the industry. A few additional capabilities, such as assisting in inventory management, accounting, and tracking sales, have also been integrated with the latest POS Terminals. The addition of Touchscreen POS terminals assists in elevated customer experience, enabling checkout and payment processing more quickly. These terminals also help in accurately tracking the sold and stocked items, leading to more demand for these terminals in the coming years.

The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of retail pos terminals. The growth and trends of Retail POS Terminals Industry provide a holistic approach to this study. 

Market Segmentation

This section of the retail pos terminals market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product

• Mobile
• Fixed

By Component

• Software
• Hardware
• Services (Professional Services, Support & Maintenance Services, Training Services)

By Application

• Department Stores
• Supermarkets/Hypermarkets
• Warehouse
• Convenience
• Discount Stores
• Speciality Stores
• Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Retail POS Terminals market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Retail POS Terminals Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the retail pos terminals market include NEC Corporation, TOSHIBA Global Commerce Solutions, NCR Corporation, Ingenico Group (Wordline), Panasonic Corporation, Pax Technology Inc., VeriFone Holdings, Inc., Diebold Nixdorf, Incorporated, and Hewlett Packard Enterprise Company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.