The global wireless POS terminals market size reached USD 11.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 26.1 Billion by 2033, exhibiting a growth rate (CAGR) of 9.24% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 11.3 Billion |
Market Forecast in 2033
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USD 26.1 Billion |
Market Growth Rate 2025-2033 | 9.24% |
A wireless POS terminal (Point of Sale) is a digital device employed to process card payments in banks, retail stores, museums, metro stations, pharmacies and restaurants. It is bifurcated into software and hardware solutions. The software solution consists of asset management, content management and configuration solutions. Whereas, the hardware category includes workstation, payment terminals like smartphones and tablets allied with credit or debit card readers, and accessories including monitors, barcode scanners, receipt printers and cash drawers. The POS process generally begins with the scanning of a user’s information provided by their debit, credit or prepaid card. Following this, the terminal verifies whether the available amount is sufficient to complete the transaction from the user’s bank account. The transaction takes place after confirmation and the terminal stores a note of the transfer and acknowledges it with a receipt.
The introduction of Personal Identification Number (PIN) and chip-embedded payment cards have minimized security-related concerns, thereby creating a positive outlook for the global wireless POS terminals market. Moreover, the sales of POS terminals are being boosted by the increasing wireless connectivity coupled with the availability of peripheral devices, scanners, card readers, and printers. In addition to this, the affordable and portable nature of these terminals is a major advantage which helps in reducing the operation cost for retailers. Further, ultra-portable forms of these systems are being introduced by manufacturers. For instance, they have produced POS terminals with the size of a credit card. Apart from this, the number of people using their existing tablet/system as a POS terminal with the help of specialized software is rapidly increasing.
IMARC Group provides an analysis of the key trends in each sub-segment of the global wireless POS terminals market report, along with forecasts at the global and regional level from 2025-2033. Our report has categorized the market based on type, component, technology and industry.
Breakup by Type:
Based on the type, the market has been segmented into portable countertop and pin pad, MPOS, smart POS and others.
Breakup by Component:
Based on the component, the market has been segmented into hardware, and POS software and services.
Breakup by Technology:
Based on the technology, the market has been segmented into NFC terminal and non-NFC terminal.
Breakup by Industry:
Based on the industry, the market has been segmented into retail, hospitality, healthcare, transportation, sports and entertainment and others.
Breakup by Region:
Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa and Latin America.
The competitive landscape of the market has also been examined with some of the key players being Ingenico, Verifone, First Data, PAX Global Technology, NCR Corporation, Diebold Nixdorf, BBPOS, Elavon, Castles Technology, Winpos, Bitel, Cegid Group, Squirrel Systems, Newland Payment Technology, Citixsys Americas, Izettle, Revel Systems, ShopKeep, TouchBistro Inc. and Vend.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Type, Component, Technology, Industry, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Companies Covered | Ingenico, Verifone, First Data, PAX Global Technology, NCR Corporation, Diebold Nixdorf, BBPOS, Elavon, Castles Technology, Winpos, Bitel, Cegid Group, Squirrel Systems, Newland Payment Technology, Citixsys Americas, Izettle, Revel Systems, ShopKeep, TouchBistro Inc. and Vend |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global wireless POS terminals market was valued at USD 11.3 Billion in 2024.
We expect the global wireless POS terminals market to exhibit a CAGR of 9.24% during 2025-2033.
The rising wireless connectivity, along with the introduction of Personal Identification Number (PIN) and chip-embedded payment cards to minimize security-related concerns, is primarily driving the global wireless POS terminals market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing consumer inclination towards digital payments for conducting financial transactions with minimal human interaction to mitigate the risk of the coronavirus infection, which in turn, is positively impacting the global market for wireless POS terminals.
Based on the type, the global wireless POS terminals market has been segmented into portable countertop and pin pad, MPOS, smart POS, and others. Among these, portable countertop and pin pad currently exhibits a clear dominance in the market.
Based on the component, the global wireless POS terminals market can be divided into hardware and POS software and services. Currently, hardware accounts for the majority of the global market share.
Based on the technology, the global wireless POS terminals market has been categorized into NFC terminal and non-NFC terminal, where NFC terminal currently holds the largest market share.
Based on the industry, the global wireless POS terminals market can be segregated into retail, hospitality, healthcare, transportation, sports and entertainment, and others. Currently, retail exhibits a clear dominance in the market.
On a regional level, the market has been classified into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global wireless POS terminals market include Ingenico, Verifone, First Data, PAX Global Technology, NCR Corporation, Diebold Nixdorf, BBPOS, Elavon, Castles Technology, Winpos, Bitel, Cegid Group, Squirrel Systems, Newland Payment Technology, Citixsys Americas, Izettle, Revel Systems, ShopKeep, TouchBistro Inc., and Vend.