The global POS terminal market is anticipated to expand a whopping 11.5% CAGR from 2017 to 2025 on account of the rising acceptance of POS terminals across Healthcare, retail, warehouse distribution, and hospitality sectors, asper Transparency Market Research (TMR). This market is characterized by the presence of a large number of players. 

The presence of numerous players is making this market extremely competitive but this competition will prove to be a positive influence for the growth of the market as this will inspire players to continually adopt advanced technology and come up with improved solutions. The market is expected to witness the entry of many new players during the forecast period.

In terms of terminal types, it is expected that in the years to come the fixed POS terminal will lead as against mobile type POS terminals. The fixed terminal accounted for a whopping 94% aftermarket in 2016. 

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In the years to come however, it is anticipated that the adoption rate of mobile and wireless POS terminals will also increase on account of the ease of use, cost-effectiveness, and mobility as compared to the conventional POS which are fixed. The demand for mobile POS terminals is expected to increase among small and medium-sized businesses on account of the rising affordability. 

Among the various application areas of POS terminals such as grocery, supermarkets, restaurants, hospitality lodging, field service, healthcare, retail, government, and warehouse/distribution, the retail application area is leading on account of the rising popularity of technology driven payment options among small-scale retailers.