What is the expected growth of the POS terminal market?
The global POS terminal market is projected to grow at a CAGR of 5.8% from 2024 to 2031, driven by factors like e-commerce growth and cashless transactions.
Which POS terminal type is leading the market?
Fixed POS terminals currently hold the largest market share due to their wider adoption in emerging economies. However, mobile POS terminals are gaining traction for their convenience and connected services.
Which major players are in the POS terminal market?
Leading companies include Oracle, HP, Dell, Samsung, and Toshiba. They're actively expanding into Asia Pacific and forming strategic partnerships to capture market share.
What region is driving the POS terminal market growth?
Asia Pacific is the fastest-growing region, with China and India being key drivers due to rising card payment adoption.