The Wireless POS Terminal Market is expected to grow from US$7.905 billion in 2025 to US$10.860 billion in 2030, at a CAGR of 6.56%.
In terms of volume, the total shipment of wireless POS terminals will reach 26.367 million in 2023. A point-of-sale terminal is situated across various retail outlets in order to facilitate easy and faster checkout. It is a device that is used to process card payments at various retail locations. This terminal allows the outlets to accept card payments without the need to update their cash registers. In this manner, this device not only enhances the shopping experience for customers by reducing the time taken to process payments but also updates the centralized information system about the sale of products.
The phenomenon of cashless transactions is increasing because using electronic money saves time and significant production costs, as well as the incidences of cash crimes, take place less. Moreover, it spurs the economic growth of a nation. Hence, increasing instances of cashless transactions are one of the key drivers in the growth of the global market of wireless POS terminals. Other factors which impact the market growth include the expansion of the e-commerce industry, increased penetration of wireless modes of payment, and escalating use of Europay, Mastercard, and Visa cards or EMV cards. On the contrary, factors such as security and protection of sensitive data related to wireless POS systems can impair market growth.
Geographically, Asia Pacific is one of the regions which is expected to significantly impact the market growth of wireless POS terminals on account of cost-effective POS terminals being introduced in the payment industry, as well as, the growing adoption of wireless technology across many industries such as entertainment, travel, and retail.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the market.
Major industry players profiled as part of the report are Diebold Nixdorf Incorporated, First Data Corporation, Moneris, and Verifone among others.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Wireless POS Terminal Market Size in 2025 | US$7.905 billion |
| Wireless POS Terminal Market Size in 2030 | US$10.860 billion |
| Growth Rate | CAGR of 6.56% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Wireless POS Terminal Market |
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| Customization Scope | Free report customization with purchase |
The Wireless POS Terminal Market is analyzed into the following segments: