Retail Point of Sale (POS) Terminals Market Pioneers 2026: Identifying Companies Set to Scale Rapidl
Author : kumar shrey | Published On : 05 Aug 2026
Astute Analytica has recently published an in-depth report on the Global Retail Point of Sale (POS) Terminals Market , offering a thorough examination of the current and future market landscape. This report provides valuable insights into various dimensions of the Retail Point of Sale (POS) Terminals Market industry, including market size, share, and competitor segmentation. It also presents an overview of key manufacturers, geographic regions, product categories, and application areas, aiming to equip clients with the knowledge necessary to navigate and leverage market trends effectively for their businesses.
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The global retail Point-Of-Sale (POS) terminals market is anticipated to record a CAGR of 8.6% and reach a valuation of US$ 847.4 Billion by the end of 2030. The promising growth prospects of the market are supported by the rapid shift of customers and retail businesses toward online sales transactions. Point-of-sale terminals allow retailers to keep better track of orders, sales, and transactions thanks, which reduces the stress caused by undertaking administrative tasks using legacy systems and manual pen and paper solutions.
Robust Growth of the Global ICT Industry
The global Retail Point of Sale (POS) Terminals Market industry is experiencing significant growth, with projections indicating continued expansion well into 2025 and beyond. Key trends driving this growth include increased spending on digital transformation initiatives, particularly in advanced areas such as artificial intelligence (AI), cloud computing, and cybersecurity. The market is also witnessing a rapid surge in the adoption of 5G technology and the proliferation of connected devices. While certain segments may encounter challenges due to prevailing economic conditions, the overall ICT sector is expected to remain a vital driver of economic growth and innovation.
As we approach the mid-decade mark, the tech sector appears well-positioned for further growth. Analysts project that global IT spending will increase by 9.3% in 2025, with data center and software segments anticipated to experience double-digit growth rates. Furthermore, spending on AI is expected to grow at an impressive compound annual growth rate of 29% from 2024 to 2028. Although the trend of layoffs in the tech industry persisted through 2024, the rate of reductions has notably slowed compared to the previous year.
Some Recent Strategies Acquired by Key Players:
- Shopify's marketing and sales climbed by US$ 299.5 billion by the end of December 2021, which led to greater spending on marketing and sales to support business growth.
- Shopify invests in developing tools to make it easier for their ecosystem partners to build on, as well as for Shopify to extend the platform's functionality and flexibility. Shopify claims that by broadening the scope of solutions provided, providing new and improved ways for merchants to market, sell, and deliver their goods to customers, as well as broadening the capabilities of their current set of solutions.
- In June 2022, Verifone and Affirm announced a partnership, making Affirm's open and flexible payment choices widely accessible on Verifone's e-commerce and card-present payment systems. The customer or the cashier would decide whether to use Affirm at the POS while shopping.
- Lightspeed purchased NuORDER, a revolutionary digital network that links buyers and sellers. This acquisition solidified Lightspeed's position as a major brand's global distribution network, advancing the Lightspeed Supplier Network to make product ordering for retailers simpler and giving suppliers vital information about how their items are moving. They instantly link suppliers and customers to see and serve various regions.
ICT Industry Outlook 2025: Innovations and Strategies for Growth
The information and communications technology (ICT) sector stands as one of the most rapidly expanding areas within the global economy. The increasing penetration of internet services and the rising dependence on networking-based solutions have greatly broadened the industry's scope. Additionally, substantial investments in research and development for emerging technologies by private companies, governments, universities, and other stakeholders have propelled the growth and success of the ICT domain. Key trends and market strategies adopted by major players within the sector are anticipated to play a significant role in its expansion throughout 2025.
Covid-19 impact on the global retail POS terminal market
POS terminals are utilized in a variety of retail businesses, including apparel, electronics, pet supplies, home decor, sporting goods, packaged goods, restaurants, and jewelry stores. The COVID-19 pandemic negatively impacted global manufacturing operations as well as business activities in industries such as financial, hospitality and tourism, consumer durables, and electronics. Lockdowns and social distancing measures affected the business of shops with physical storefronts more than online retailers, causing a significant decline in the revenues of retail, hotel, and hospitality sectors, among others. As per the study, the global retail and hospitality industries witnessed losses of about US$3.39 billion and US$ 2.15 billion, respectively.
The Office of National Statistics (UK) reported that the overall retail sales volumes decreased by 1.9% in 2020 compared to 2019—the biggest yearly decline ever. Clothing and fuel sales dropped to negative 21.5% and negative 22.2%, respectively, in 2020 and remain below pre-pandemic levels.
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List of Key Companies Profiled:
- Shopify Inc.
- PayPal Zettle
- Square
- Lightspeed
- Clover
- Sumup
- Aptos (Goldman Sachs Merchant Banking Division)
- Cegid Group
- Ctac NV
- NCR Corporation
- Flooid
- Diebold Nixdorf
- Fujitsu Ltd
- Infor Inc.
- NEC Corporation
- Qashier PTE Ltd
- Samsung Electronics Co. Ltd.
- Toshiba Corporation
- VeriFone, Inc.
- Other Prominent Players
Segmental Overview of the Retail POS Terminal Market
By Product
- Fixed POS Terminal
- Portable POS Terminal
- Mobile POS (mPOS)
- Self-Service Kiosks
By Component
- Hardware
- Software
- Cloud-Based POS System
- On-Premises POS System
- Services
By Industry
- Entertainment
- Hospitality
- Hotels
- Restaurants & Cafes
- QSR
- Retail
- Supermarkets /Hypermarkets
- Convenience Stores
- Healthcare
- Hospitals
- Pharmacy
- e-Commerce
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Poland
- Russia
- Asia Pacific
- China
- Taiwan
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Advancements in Edge and Quantum Computing to Drive the ICT Industry
The ICT sector is also witnessing exciting developments in edge and quantum computing. Edge computing is a modern IT architecture that processes data at the network's periphery, maintaining closer proximity to the data source. This framework aims to enhance response times and bandwidth availability, improving the network's capability to perform high-end tasks. One of the primary advantages of edge computing is its ability to significantly reduce latency, allowing applications to process data and deliver necessary outputs swiftly. Consequently, edge computing is poised to become a critical component of advanced technologies like augmented reality (AR), virtual reality (VR), and the Internet of Things in the coming years.
In addition to these trends and technological advancements, the ICT sector is expected to experience substantial growth in 2025, driven by strategic alliances forged by industry leaders. For instance, Verizon Communications, the world's second-largest telecommunications company, has announced plans to acquire Frontier Communications for $20 billion, with the deal expected to close by late 2025. Similarly, Swisscom, a prominent telecommunications firm based in Switzerland, has reported its acquisition of Vodafone Italia for $22.5 billion, with the formalities anticipated to be completed in early 2025. Industry experts view these acquisitions as significant moves within the landscape, reflecting the ongoing consolidation and expansion efforts within the ICT sector.
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