China POS Terminal Market – 2025
China’s POS Terminal Market
A Rapidly Evolving Retail Technology Powerhouse
China is becoming one of the largest POS terminal markets in the world, offering significant growth potential. The demand for POS terminals is primarily driven by increasing per capita GDP, lifestyle changes, and the rise of the middle class. This has resulted in a growing retail market and a shift from unorganized to organized retail, fueling the need for advanced retail systems.
Market Trends
- China’s developing economy currently faces significant structural constraints, including declining labor force growth, diminishing returns on investment, and slowing productivity growth.
- Over the past decade, retail sales have grown 124%, compared to 20% for Japan, 58% for Australia/New Zealand and 164% for India.
- China’s retail market is highly fragmented and diversified, with a transformation that continues from unorganized to organized retail. China’s e-commerce sales make it the largest market in the world, accounting for some 47% of domestic retail sales.
- Some of the Western retailers with a China presence include Walmart (336 stores) and Aldi (53). Restaurants include YUM Brands (~16,000), Starbucks (7,686), McDonald’s (~6,800), Subway (700) and Domino’s (~1,000).
Leading Retailers
Suning Commerce (#58 worldwide), Vipshop (#67), Yonghui Superstores (#94), China Resources Vanguard (#119), Wumart (#154), Lao Feng Xiang (#165), Gome (#167), Shanghai Bailian (#227), Lianhua Supermarket Holdings, Wangfujing Group.
Market Size & Growth Projections
$2,188M
2024 Market Size
$2,667M
Expected 2029 Market Size
21.6%
Total Growth
4.0%
CAGR
Key Vendors
Key POS Hardware Vendors
NCR Voyix
Diebold Nixdorf
Oracle
Toshiba Global Commerce Solutions
Key POS Software Vendors
NCR Voyix
Diebold Nixdorf
Eurostop
Futura
IHL Studies for China POS Terminal Market
2025 Asia-Pacific POS Terminal Market Study
- This study includes market sizing, POS shipments, POS installed base and trends for the key APAC countries (China, Japan, Australia-New Zealand, etc) and the region as a whole.
2024 Asia-Pacific POS / mPOS Software Market Share
- Includes POS market share by software vendor by segment
2024 Asia-Pacific POS Terminal Hardware Market Share by Vendor
- Provides POS shipments and POS installed base by quarter for each retail segment for the APAC region.
2025 Asia-Pacific Retail Stores/POS Sizing by Retail Chain Size
- Included in this study are Market Sizing by store locations and chain size for Asia-Pacific