Point of Sale Market Share

On the basis of geographical analysis, the global point of sale (POS) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Asia Pacific is expected to dominate majority revenue share by 2036, on the back of growing number of small and medium sized enterprises, and a rapidly increasing consumer base of POS software. As of July 2020, there are more than 65 million micro, small and medium sized enterprises in the Southeast Asia today that employ about 150 million people and account for almost 98 percent of all the business in the region.

North America Market Analysis

Apart from these, reduction in the total cost of ownership is also projected to fuel the region’s market growth in the coming years. Moreover, the market in North America is expected to gather the largest share during the forecast period ascribing to the high adoption of POS software across several industry verticals, including employment of restaurant POS terminals, and rising usage of cloud-based applications in the region.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of point of sale is assessed at USD 32.52 billion.

Point of Sale (POS) Market size was valued at USD 28.79 billion in 2023 and is expected to exceed USD 202.73 billion by 2036, registering over 16.2% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing number of financial frauds globally and rising government initiatives to secure payment transactions.

Asia Pacific is expected to dominate majority revenue share by 2036, on the back of growing number of small and medium sized enterprises, and a rapidly increasing consumer base of POS software.

The major players in the market are Infor Inc., Samsung Electronics Inc., Seiko Epson Corporation, Hewlett Packard Enterprise, NCR Corporation, and others.

Point of Sale Market Share