United States POS Terminals Market Size & Share Analysis

By Lee Holman Mar 9, 2024 3 Min Read

The US retail industry is dynamic, with retailers needing to constantly adapt to evolving consumer demands, new competitive threats, sometimes-unreasonable legislation, and technological disruption. The integration of e-commerce with physical stores is another hallmark of leading US retailers. In doing so they offer a seamless, convenient, unified commerce shopping experience. This leads to the US being the most mature and robust retail market of all nations, and this is reflected in the POS terminal market.

Total Retail Sales: $6.0 Trillion, up 2.0% from 2022

United States POS Terminal Market – Country Overview

Largest economy of all nations $22.1 Trillion
2^nd Largest retail market of all nations ($6.6 Trillion)
Largest POS Installed Base of all nations
$17,646 per capita retail sales

Leading Retailers

Walmart (#1 Worldwide), Costco (#3), Home Depot (#5), Kroger (#6), Walgreen (#8), Target (#10), CVS (#11), Lowe’s (#12), Albertson’s (#18), Best Buy (#22).

Key United States POS Terminal Market Trends

The retail industry the US’s largest private sector employer with some 65 million employees.
Technology ranges from nothing (a wallet or cash-box) to leading edge devices with extensive back-office, customer experience and supply chain capabilities. Large chains use a homogeneous POS suite to reduce initial capital outlay and ongoing maintenance costs. POS data drives their sophisticated supply chain systems.
Retail sales grew 62% for the United Sates over the past decade, compared to 35% for the United Kingdom, 19% for France and 25% for Germany.
OMS as a hub for POS has become the de facto standard among successful retailers. AI-enabled POS will have a significant impact upon the POS market for years to come.
Online sales account for 15.6% of all retail trade (the UK’s figure is 30.7%, Germany is 27.2%, France is 14.1%).

Key United States POS Terminal Market Size

2023 market was $8.3 Billion and is expected to grow to $8.7 Billion (5.7%, 1.1% CAGR ) by 2028.

Key POS Hardware Vendors/Key POS Software Vendors

Among the key POS hardware vendors in the US POS market are Toshiba Global Commerce Solutions, NCR Voyix, ParTech, HP, Oracle and Fujitsu.
Key POS software vendors in the US POS market include NCR Voyix, Oracle, Toshiba, GK Software and ParTech.

IHL Studies for United States POS Terminal Market

2024 North America POS Terminal Market Study

This study includes market sizing, POS shipments, POS installed base and trends for the key EMEA countries (Germany, France, UK, etc) and the region as a whole.

Includes POS market share by software vendor by segment

Provides POS shipments and POS installed base by quarter for each retail segment for the EMEA region.

2024 North America Retail Stores/POS Sizing by Retail Chain Size

Included in this study are Market Sizing by store locations and chain size for Europe/Middle East/Africa