Revolutionizing Retail: The Growing Demand for Point-of-Sale Terminal Solutions
The global point-of-sale (POS) terminal market was valued at USD 113.38 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2030. POS terminals are specialized electronic devices used to process card-based payments across various commercial environments, including retail stores, restaurants, hotels, fuel stations, pharmacies, healthcare facilities, and resorts. The surge in market growth is primarily driven by the widespread adoption of cost-effective wireless communication technologies that facilitate real-time, efficient, and secure transaction processing. These wireless POS solutions offer enhanced mobility and convenience, enabling businesses to streamline operations and deliver a more seamless customer experience. The integration of POS technologies in food service establishments—such as restaurants, cafes, and bars—has become indispensable for managing day-to-day operations. These systems are critical in overseeing in...