Canada POS Terminal Market – 2025
Canada’s POS Terminal Market
A Consolidated North American Retail Technology Landscape
The Canadian retail industry is highly concentrated, with a small number of large chain stores clustered in shopping malls being the dominant players. Geographically, the retail industry is largely concentrated in the major urban centers of Toronto, Montreal, and Vancouver, mirroring the broader population and economic distribution across the country. Overall, the Canadian retail industry “looks” a lot like that of the US, but on a smaller scale. Likewise, the POS market. The larger and more successful retailers tend to focus on a seamless, convenient, unified commerce shopping experience.
Market Trends
- The retail industry is Canada’s largest private sector employer with some 2.7 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 59% for Canada over the past decade, compared to 72% for the United States, 40% for the United Kingdom, 19% for France and 26% for Germany.
- Lululemon (9 EMEA countries, 11 APAC countries, USA and Mexico), Alimentation Couche Tard (12 EMEA and 1 APAC country) and Restaurant Brands International (over 100 countries) are among the most notable Canadian retailers who have foreign store operations.
- Online sales account for 12% of all retail trade (the US’s figure is 16%, UK is 30%, Germany is 27%, France is 14%).
Leading Retailers
Loblaw (#27 Worldwide), Empire Company (#51), Metro Inc., Canadian Tire, Home Hardware Stores, Aritzia, Lululemon Athletica, Save-On-Foods, Restaurant Brands International, Alimentation Couche Tard.
Market Size & Growth Projections
2024 Market Size
Expected 2029 Market Size
Total Growth
CAGR
Key Vendors
IHL Studies for Canada States POS Terminal Market
2025 North America POS Terminal Market Study
- This study includes market sizing, POS shipments, POS installed base and trends for the US and Canada.
2024 North America POS / mPOS Software Market Share
- Includes POS market share by software vendor by segment
2024 North America POS Terminal Hardware Market Share by Vendor
- Provides POS shipments and POS installed base by quarter for each retail segment for the North America region.
2025 North America Retail Stores/POS Sizing by Retail Chain Size
- Included in this study are Market Sizing by store locations and chain size for North America.