Introduction

• Strong Market Trajectory Ahead: The North America POS (Point-of-Sale) Terminal Market is projected to expand from approximately USD 9.4 billion in 2024 to about USD 16.9 billion by 2032, reflecting a solid CAGR of 7.7% during the forecast period of 2025 to 2032, driven by accelerating digital transformation in the retail and hospitality sectors.
  
• Adoption Fueled by Contactless and Cloud-Based Solutions: The increasing demand for contactless payments, mobile wallets, and cloud-enabled POS systems is reshaping transaction landscapes across the region, particularly in the U.S. and Canada, where businesses are prioritizing faster, safer, and data-driven customer interactions.
  
• Retail Tech Modernization Creating New Opportunities: Continuous upgrades in payment infrastructure, integration with AI-powered analytics, and the emergence of omnichannel commerce are positioning North America as a key innovation hub for POS terminal solutions, paving the way for future-ready retail ecosystems.

VRIO Analysis – North America POS Terminal Market

•  Valuable: POS terminals in North America provide significant value by enabling secure, real-time, and omnichannel payment experiences; they support operational efficiency through integration with inventory, customer management, and analytics systems; and they help businesses meet rising demand for digital and contactless transactions in sectors like retail, hospitality, and healthcare.
  
• Rare: Advanced POS technologies such as AI-enabled customer behavior tracking, predictive analytics, and vertical-specific compliance features remain relatively rare in the market; specialized solutions tailored for industries like cannabis retail, medical services, and QSR chains offer differentiation where standardized systems fall short; and early adoption of next-gen cloud and blockchain POS capabilities adds exclusivity to market offerings.
  
• Imitable: While basic POS features can be easily copied, high-end functionalities including cloud-native platforms, custom-built interfaces, and API-driven ecosystems are challenging to replicate due to technical complexity and high development costs; brand loyalty, customer service quality, and established channel partnerships also create intangible advantages that are difficult for new entrants to imitate quickly.
  
• Organized to Capture Value: Market leaders in North America are well-organized to extract full value from their POS innovations through strong distribution networks, agile SaaS business models, and integration with fintech ecosystems; companies are leveraging partnerships with payment processors, cloud service providers, and software developers to scale faster and offer bundled, value-added services tailored to evolving customer needs.

North America POS Terminal Market – Segmentation Overview

1. By Component
1.1 Hardware
1.2 Software
1.3 Services

2. By Product Type
2.1 Fixed POS Terminals
2.2 Mobile POS Terminals (mPOS)
2.3 Self-Service Kiosks
2.4 Smart POS Terminals

3. By Deployment Mode
3.1 On-Premise
3.2 Cloud-Based

4. By Operating System
4.1 Windows-based POS
4.2 Android-based POS
4.3 iOS-based POS
4.4 Others

5. By Technology
5.1 Magnetic Stripe
5.2 EMV (Europay, Mastercard, Visa)
5.3 NFC (Near Field Communication)
5.4 Biometrics

6. By Application
6.1 Retail
6.2 Hospitality
6.3 Healthcare
6.4 Restaurants and Quick-Service Chains
6.5 Entertainment
6.6 Transportation and Logistics
6.7 Others (Education, Government, etc.)

7. Regional Segmentation – North America POS Terminal Market

7.1 United States
7.1.1 Northeast US
7.1.2 Midwest US
7.1.3 South US
7.1.4 West US

7.2 Canada
7.2.1 Ontario
7.2.2 Quebec
7.2.3 British Columbia
7.2.4 Alberta
7.2.5 Rest of Canada

7.3 Mexico (if included)
7.3.1 Central Mexico
7.3.2 Northern Mexico
7.3.3 Southern Mexico

8. Key Players – North America POS Terminal Market
8.1 Square Inc. (Block, Inc.)
8.2 Toast, Inc.
8.3 Lightspeed Commerce Inc.
8.4 NCR Corporation
8.5 Clover Network, Inc. (Fiserv)
8.6 Oracle Corporation (Micros POS)
8.7 Verifone Systems, Inc.
8.8 PAX Technology Inc.
8.9 Diebold Nixdorf, Inc.
8.10 Ingenico Group (Worldline)
8.11 Shopify Inc.
8.12 Revel Systems
8.13 Vend (a Lightspeed company)
8.14 TouchBistro Inc.
8.15 Helcim Inc.
8.16 Shift4 Payments
8.17 Epson America, Inc.
8.18 Honeywell International Inc.
8.19 HP Inc.
8.20 Others