POS Terminals Market: Analyzing Growth and Share in Cashless Payments Era
The global point-of-sale (POS) terminals market is experiencing unprecedented growth, fueled by the surging prevalence of cashless payments across various industry verticals. According to recent research, global cashless payment volumes are projected to surge by more than 80% from 2020 to 2025, reaching nearly 1.9 trillion transactions, with a tripling expected by 2030. Leading this surge is the Asia Pacific region, where cashless transactions are set to increase by 109% until 2025 and a further 76% from 2025 to 2030.
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