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Restaurant Point of Sale (POS) Terminal Market Share

Report ID: GMI3073
Published Date: Jun 2024
Report Format: PDF

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Restaurant POS Terminal Market Share

Ingenico Group and Square, Inc. dominate the market with around 8% market share. Ingenico Group has a strong presence in the POS terminals market with a focus on security, reliability, and integration with global payment networks. The company caters to large enterprises and high-volume environments, including quick-service restaurants and large chains. Ingenico is known for its robust hardware and focus on secure ayment processing, including contactless payments, mobile payments, and EMV compliance.

Square Inc. focuses on small to medium-sized businesses with a suite of easy-to-use, affordable POS solutions that are popular among independent restaurants and startups. The company emphasizes flexibility and user-friendly interfaces. Square is at the forefront of innovations with cloud-based POS systems that offer integrated analytics, inventory management, and a seamless experience across online and offline sales channels.

Restaurant POS Terminal Market Companies

Major players operating in the restaurant POS terminal industry are:

Diebold Nixdorf
Epicor Software Corporation
Ingenico Group
NCR Corporation
NEC Corporation
Panasonic Corporation
PAX Technology
Samsung Electronic Co. Ltd
Square, Inc.
VeriFone Systems, Inc.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of restaurant POS terminal reached USD 21.9 billion in 2023 and is set to witness over 7% CAGR between 2024 and 2032, owing to the increasing adoption of POS terminals by small and independent restaurants due to affordability, ease of use, and the need for operational efficiency.

The fixed restaurant POS terminal segment accounted for over 65% market share in 2023, as it provides the durability and capacity required to handle extensive transactions.

Asia Pacific market is expected to hold around USD 16.5 billion revenue by 2032, driven by economic development, digitalization, and changing consumer behaviors.

Diebold Nixdorf, Epicor Software Corporation, Ingenico Group, NCR Corporation, NEC Corporation, Panasonic Corporation, PAX Technology, Samsung Electronic Co. Ltd among others.