Retail Point-Of-Sale Terminals Market by Component (Hardware, Software, Services), Product, Deployment, Application, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Retail Point-Of-Sale Terminals Market Size

The Retail Point-Of-Sale Terminals market size was valued at $30.95 billion in 2023 and is projected to reach $48.57 billion by 2029, growing at a CAGR of 7.8% during the forecast period.

Retail Point-Of-Sale Terminals Market Overview

Retail Point-of-Sale (POS) terminals are integral components in the modern retail landscape, serving as the primary interface between customers and businesses during transactions. These terminals, typically consisting of a combination of hardware and software, facilitate the processing of sales transactions at the point where goods or services are purchased. Retailers use POS terminals to calculate the total amount due, generate receipts, and manage inventory in real-time. These systems often include barcode scanners, cash registers, card payment processors, and sometimes touchscreens for user-friendly interactions. With the integration of advanced features, such as inventory management, sales analytics, and customer relationship management, retail POS terminals contribute to efficient and streamlined operations. They play a crucial role in enhancing customer service, managing sales data, and ensuring accurate financial transactions for businesses across diverse retail sectors.

Retail Point-Of-Sale Terminals Market Dynamics

The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Retail Point-Of-Sale Terminals Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.

Retail Point-Of-Sale Terminals Market Scope

The report “Global Retail Point-Of-Sale Terminals Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global Retail Point-Of-Sale Terminals Market by, Component

·        Hardware

·        Software

·        Services

Global Retail Point-Of-Sale Terminals Market by, Product

·        Fixed POS Terminals

·        Mobile POS Terminals

Global Retail Point-Of-Sale Terminals Market by, Deployment

·        Cloud

·        On-premise

Global Retail Point-Of-Sale Terminals Market by, Application

·        Convenience Stores

·        Gas Stations

·        Grocery Stores

·        Specialty Stores

·        Supermarkets/Hypermarkets

·        Other Applications

Global Retail Point-Of-Sale Terminals Market by, Geography

·        North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.

·        Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

·        Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

·        South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

·        Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Key Players Profiled in this Research Report include:

·        Toshiba Corporation

·        TOAST, Inc.

·        SAP SE

·        Revel Systems

·        Oracle

·        NCR Corporation

·        Lightspeed

·        Intuit, Inc.

·        HP Development Company, L.P.

·        Elo Touch Solutions, Inc.

·        Clover Network, Inc.

·        Block, Inc.

·        AURES Group

·        Agilysys Inc.

·        Acrelec

What can be explored with this research report?

·        Understand global Retail Point-Of-Sale Terminals Market analysis, trends, and forecast to 2029.

·        Understand analysis of the Retail Point-Of-Sale Terminals Market structure by identifying various segments and sub-segments of the market.

·        Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Retail Point-Of-Sale Terminals Market.

·        Understand the revenue forecast of the Retail Point-Of-Sale Terminals Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

·        Identification of major market trends, factors driving, restraining, threatening, and providing opportunities for the Retail Point-Of-Sale Terminals Market growth.

·        Analyzing opportunities by identification of high-growth segments/revenue pockets in the Retail Point-Of-Sale Terminals Market.

·        Understand major player profiles in the Retail Point-Of-Sale Terminals Market and analyze their business strategies.

·        Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Retail Point-Of-Sale Terminals Market.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Retail Point-Of-Sale Terminals Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Retail Point-Of-Sale Terminals Market by, Component 
 6.1 Overview   
 6.2 Hardware 
 6.3 Software 
 6.4 Services 
 
7 Global Retail Point-Of-Sale Terminals Market by, Product 
 7.1 Overview   
 7.2 Fixed POS Terminals 
 7.3 Mobile POS Terminals 
 
8 Global Retail Point-Of-Sale Terminals Market by, Deployment 
 8.1 Overview   
 8.2 Cloud 
 8.3 On-premise 
 
9 Global Retail Point-Of-Sale Terminals Market by, Application 
 9.1 Overview 
 9.2 Convenience Stores 
 9.3 Gas Stations 
 9.4 Grocery Stores 
 9.5 Specialty Stores 
 9.6 Supermarkets/Hypermarkets 
 9.7 Other Applications 
 
10 Global Retail Point-Of-Sale Terminals Market by, Geography 
 10.1 Overview 
 10.2 North America 
 10.2.1 US 
 10.2.2 Canada 
 10.2.3 Mexico 
 10.3 Europe 
 10.3.1 Germany 
 10.3.2 France 
 10.3.3 UK 
 10.3.4 Italy 
 10.3.5 Spain 
 10.3.6 Rest of Europe 
 10.4 Asia Pacific 
 10.4.1 China 
 10.4.2 Japan 
 10.4.3 India 
 10.4.4 South Korea 
 10.4.5 Australia 
 10.4.6 New Zealand 
 10.4.7 Rest of Asia Pacific 
 10.5 South America 
 10.5.1 Brazil 
 10.5.2 Argentina 
 10.5.3 Chile 
 10.5.4 Rest of South America 
 10.6 Middle East & Africa 
 10.6.1 UAE 
 10.6.2 Saudi Arabia 
 10.6.3 Qatar 
 10.6.4 Iran 
 10.6.5 South Africa 
 10.6.6 Rest of Middle East & Africa 
 
11 Key Developments 
 
12 Company Profiling 
 12.1 Toshiba Corporation 
 12.1.1 Business Overview 
 12.1.2 Product/Service Offering 
 12.1.3 Financial Overview 
 12.1.4 SWOT Analysis 
 12.1.5 Key Activities 
 12.2 TOAST, Inc. 
 12.3 SAP SE 
 12.4 Revel Systems 
 12.5 Oracle 
 12.6 NCR Corporation 
 12.7 Lightspeed 
 12.8 Intuit, Inc. 
 12.9 HP Development Company, L.P. 
 12.10 Elo Touch Solutions, Inc. 
 12.11 Clover Network, Inc. 
 12.12 Block, Inc. 
 12.13 AURES Group 
 12.14 Agilysys Inc. 
 12.15 Acrelec