The Virtual Payment (POS) Terminals Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Virtual Payment (POS) Terminals Market?
The market size of the virtual payment (POS) terminals sector has witnessed significant growth lately. The market, which was worth $17.85 billion in 2024, is projected to increase to $23.48 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 31.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Virtual Payment (POS) Terminals Industry?
The virtual payment (POS) terminals global market is projected to reach a size of $79.1 billion in 2029, with a compound annual growth rate (CAGR) of 35.5%.
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What are the Key Growth Drivers Fueling the Virtual Payment (POS) Terminals Market?
The key drivers in the virtual payment (pos) terminals market are:
• Rapid technological adaptation in the POS terminal industry
• Rising environmental concerns and sustainability pushes
• The rise in subscription-based models and service enhancements
• Increase in globalization and cross-border transactions, necessitating secure payment methods
Global Market Segmentation: Identifying Major Virtual Payment (POS) Terminals Industry Segments
The virtual payment (POS) terminals market covered in this report is segmented –
1) By Solution: Software Platform, Professional Services
2) By Industry: Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries
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What are the Emerging Trends Shaping the Future of the Virtual Payment (POS) Terminals Market?
The key trends in the powder metallurgy parts market are:
• Partnerships and integrations are a key emerging trend in the virtual payment terminals market.
• A movement towards subscription and service-based models is being observed.
• Cross
•border payments and globalization are shaping the future of the market.
• Technology evolution and product innovation are playing a significant role in the market development.
Who Are the Top Competitors & Leading Players in the Virtual Payment (POS) Terminals Market?
Major companies in the virtual payment (pos) terminals market are:
• Castles Technology Co. Ltd.
• Diebold Nixdorf Incorporated
• NCR Corporation
• Panasonic Corporation
• PAX Technology Limited
• Square Inc.
• Stripe Inc.
• Adyen N. V.
• Global Payments Inc.
• First Data Corporation
• Verifone Systems Inc.
• Ingenico Group SA
• Fujian Newland Payment Technology Co Ltd.
• BBPOS Limited
• BitPay Inc.
• Shift4 Payments LLC
• PayU Group
• Paytm Mobile Solutions Private Limited
• Mswipe Technologies Private Limited
• Payzone UK Limited
• InovioPay LLC
• Amazon. com Inc.
• VeriFone Inc.
• iZettle AB
• SumUp Inc.
• Shopify Inc.
• Lightspeed POS Inc.
• Revel Systems Inc.
Regional Dominance: Which Area Leads the Global Virtual Payment (POS) Terminals Market?
North America was the largest region in the virtual payment (POS) terminals market in 2024
