Global Wireless POS Terminal Market
Financial Services

Comprehensive Analysis of the Wireless POS Terminal Market 2025-2034: Growth Rates, Trends, and Future Opportunities

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How has the wireless pos terminal market size evolved in recent years?

The market for wireless POS terminals has experienced a swift expansion in the past few years. It is projected to rise from $13.08 billion in 2024 to $14.7 billion in 2025, marking a compound annual growth rate (CAGR) of 12.4%. The substantial growth recorded in the previous period is a result of the growing use of mobile devices, surge in demand for solutions based on cloud technology, a need for adaptable and mobile payment methods, increased internet usage, and a rising necessity for regulatory compliance.

What are the predictions for the wireless pos terminal market size in the coming years?

In the coming years, the wireless POS terminal market is forecasted to experience significant expansion. Expected to reach a size of $24.07 billion in 2029, it’s projected to grow at a compound annual growth rate (CAGR) of 13.1%. This anticipated growth during the forecast period can be linked to a rise in the use of contactless payment systems, a growing demand for wireless POS terminals in developing countries, developments in biometric technology, an increased use of mobile wallets, and an emphasis on improving customer experience. Key trends for this period include the growing use of portable and handheld wireless POS terminals, a rise in smart POS terminal adoption, integration of AI and machine learning, omnichannel integration, and the integration of the internet of things (IoT).

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What key factors are fueling the growth of the wireless pos terminal market?

The growth of the wireless POS terminal market is anticipated to be driven by the rise in e-commerce transactions. E-commerce, or electronic commerce, pertains to the trading of products and services, as well as the transmission of funds and information through an electronic network, predominantly the internet. Due to the escalation in e-commerce activities, the acceptance of cashless transactions, and the heightened usage of wireless terminals by retailers, e-commerce platforms have emerged as market dominators, thereby necessitating the implementation of wireless POS software systems. For example, in May 2024, data from the Census Bureau, a US government agency, revealed that there was an 8.5% increase in e-commerce sales in the first quarter of 2024 compared to the same quarter in 2023, accounting for 15.6% of total retail sales, which showed a rise of 2.8% year over year. Consequently, the rise in e-commerce transactions is the primary factor driving the wireless POS terminals market.

How is the global wireless pos terminal market divided into key segments?

The wireless POS terminal market covered in this report is segmented –

1) By Type: Portable Countertop And PIN Pad, mPOS, Smart POS, Mini POS, Smart Mobile Dongle

2) By Component: Hardware, Software, Services

3) By Technology: NFC Terminal, Non-NFC Terminal

4) By Application: Restaurants, Hospitality, Healthcare, Retail, Warehouse Or Distribution, Other Applications

Subsegments:

1) By Portable Countertop And PIN Pad: Wireless Countertop Terminals, PIN Pad Devices

2) By mPOS: Mobile Point Of Sale Solutions, Card Reader Accessories

3) By Smart POS: Integrated POS Systems, Tablet-Based POS Solutions

4) By Mini POS: Compact POS Devices, Lightweight Wireless Terminals

5) By Smart Mobile Dongle: Bluetooth Dongles, NFC-enabled Dongles

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Who are the key firms paving the way for growth in the wireless pos terminal market?

Major companies operating in the wireless POS terminal market include Elavon Inc., VeriFone Inc., Fiserv Inc., PAX Global Technology Limited, NCR Corporation, iVeri Payment Technologies (Pty) Ltd., CEGID GROUP SA, Squirrel Systems, Castle Advanced Technologies And Systems Private Limited, Fujian Newland Payment Technology Co. Ltd., Emerge Mobile (Pty) Ltd., Equinox Payments LLC, Hewlett-Packard Development Company L. P., Nce Corporation (s) Pte. Ltd., Micros Systems Inc., Miura Systems Ltd., Ingenico SA, First Data Corporation, Diebold Nixdorf Inc., BBPOS(Stripe Inc. ), Oracle Corporation, Winpos Group AB, BITEL TECHNOLOGIES Ltd., CitiXsys- Ivend reatil, Posiflex Technology Inc., NEC Corporation, SPECTRA Technologies Holdings Co. Ltd., Zebra Technologies Corp., TOSHIBA CORPORATION, QVS Software Inc.

Which trends are expected to transform the wireless pos terminal market?

The wireless pos terminal market is currently dominated by leading corporations that are keen on innovating and creating mobile POS tablets. These tablets are devised to boost efficiency in transactions, elevate user experiences, and present businesses with adaptable, easy-to-use alternatives for executing payments in a range of retail settings. They pertain to movable devices that facilitate businesses to handle transactions and administer sales operations from any location. Each tablet is equipped with an integrated 2D scanner and an NFC module, making for smooth transactions and inventory management. A case in point is Posiflex Technology Inc., a firm based in Taiwan, which unveiled its Opera MT-6200 Series Mobile POS Tablets in June 2024. These tablets are powered by Intel’s Elkhart Lake Celeron Processor and are compatible with both Windows 10 IoT LTSC and Windows 11 IoT GAC, thereby offering strong performance and adaptability with different applications. The tablets from the series come with an IPX7 waterproof USB Type-C connector, aiding in docking and expediting power charging, thereby improving its usefulness in challenging environments.

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What regions are contributing significantly to the growth of the wireless pos terminal market?

North America was the largest region in the wireless POS terminal market share in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless POS terminal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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