Restaurant Point-of-Sale (POS) Terminals Market Research Report, Share and Forecast, 2025 – 2034
Restaurant Point-of-Sale (POS) Terminals Market Research Report, Share and Forecast, 2025 – 2034

Restaurant Point-of-Sale (POS) Terminals Market Share, Size, Trends, Industry Analysis Report: By Product (Fixed and Mobile), Component, End User, Deployment, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034

  • Published Date:Jan-2025
  • Pages: 128
  • Format: PDF
  • Report ID: PM1022
  • Base Year: 2024
  • Historical Data: 2020-2023

Restaurant Point-of-Sale (POS) Terminals Market Overview

The global restaurant point-of-sale (POS) terminals market size was valued at USD 24.15 billion in 2024. The market is projected to grow from USD 26.02 billion in 2025 to USD 51.60 billion by 2034, exhibiting a CAGR of 7.9 % during 2025–2034.

Restaurant point-of-sale (POS) terminals are systems that handle transactions, manage inventory, and collect customer data. They optimize sales operations and provide real-time business insights. The restaurant point-of-sale (POS) terminals market demand is driven by the rising number of cashless transactions and the growing need for digital payments. POS solutions are increasingly being adopted in the restaurant industry to increase productivity, reduce serving time, and gain business insights. The availability of mobile devices at low costs also contributes to the market growth.

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The rising integration of AI in restaurant POS terminals helps improve service and operational efficiency. AI-powered chatbots simplify the ordering process, while analytics forecast customer preferences, helping restaurants refine menus and marketing strategies. Additionally, AI enhances inventory management, minimizes waste, and predicts demand, leading to greater efficiency and profitability. For instance, in April 2024, Toast launched a restaurant management suite tailored for large restaurant chains. The suite provides advanced tools for data analysis, performance benchmarking, and managing multiple locations. It features enhanced menu management capabilities, integration with over 200 partners, and robust security measures. This restaurant suite optimizes service, streamlines operations, and provides valuable insights to enhance profitability and customer satisfaction, by leveraging AI-driven tools. Thus, the increasing use of AI in restaurant POS terminals is contributing to the restaurant point-of-sale terminals market development.

Restaurant Point-of-Sale (POS) Terminals Market Drivers Analysis

Rising Use of Cloud Computing in Restaurant POS Terminals

Cloud-based solutions offer increased flexibility, scalability, and accessibility for restaurant owners and operators. They enable real-time data access from different locations, simplifying tasks such as inventory management, sales tracking, and customer preference analysis from a distance. This shift toward cloud-based POS solutions highlights a need for agility and flexibility within the restaurant industry, allowing businesses to scale operations efficiently, integrate third-party deployments seamlessly, and remain competitive in a rapidly evolving market landscape. In April 2024, Oracle introduced AI-driven enhancements to Oracle Cloud CX, automating sales and service tasks while offering real-time insights via Oracle Cloud Infrastructure. These updates boost productivity; streamline customer interactions; and drive scalability, AI adoption, and operational flexibility. Therefore, the restaurant POS terminals market is witnessing growth with the adoption of cloud-based solutions.

Widespread Adoption of Contactless Technology

The widespread adoption of contactless technology is fueled by the rise in mobile payment options and a heightened focus on hygiene and safety. Restaurants are increasingly implementing POS systems that support contactless payments, enhancing the customer experience and catering to the growing preference for seamless and secure transactions. Restaurants streamline operations and meet the demand for touch-free interactions by accommodating digital wallets, mobile apps, and contactless card payments. For instance, in May 2024, NCR Voyix launched Aloha Pay-At-Table, developed in collaboration with Sunday, to revolutionize restaurant payment processes. This system allows diners to use their smartphones to scan a QR code and complete their payment in less than 10 seconds. It ensures secure and efficient transactions, enhancing the dining experience for guests while streamlining operations for restaurants by leveraging contactless technology. Thus, the rising adoption of contactless technologies across the restaurant industry fuels the restaurant point-of-sale terminals market growth.

Restaurant Point-of-Sale (POS) Terminals Market Segmental Analysis

Restaurant Point-of-Sale (POS) Terminals Market Assessment by Deployment Outlook

The global restaurant point-of-sale (POS) terminals market segmentation, based on deployment, includes cloud and on-premise. In 2024, the on-premise segment dominated the market due to rising concerns about data security across restaurants. The legacy POS systems store data locally, ensuring control and customization without needing an internet connection. These systems, purchased with a perpetual license, offer full control and no downtime, making them a popular choice despite limited accessibility.

The cloud segment is anticipated to experience growth during the forecast period due to several advantages such as better data visibility, allowing businesses to access information from anywhere and enhancing data security. Cloud-based POS systems also reduce downtime during updates and streamline information across different locations. These benefits, including improved security, cost savings, and efficient operations, make cloud POS systems increasingly attractive to quick-service restaurants (QSRs) aiming to enhance their dining experiences.

Restaurant Point-of-Sale (POS) Terminals Market Evaluation by Product Outlook

The global restaurant point-of-sale (POS) terminals market segmentation, based on product, includes fixed and mobile. The mobile segment is expected to grow during the forecast period driven by benefits such as faster service, lower costs, and the ability to provide accurate dish information. Moreover, mobile devices such as smartphones and tablets are now more affordable, and wireless technology makes it easier to use mobile POS systems in restaurants. Moreover, mobile (POS) systems help restaurants by improving order accuracy and online payment, allowing menu changes based on customer preferences, boosting sales, and making order processing smoother. In July 2024, PAX France received PLBS certification for its Android terminals, demonstrating its commitment to enhancing payment solutions. This achievement underscores PAX's focus on developing mobile applications and websites designed to improve customer satisfaction. Innovations in POS contribute to a more seamless payment experience by incorporating features such as contactless payments and accessibility improvements, particularly for the restaurant POS terminals market growth.

Restaurant Point-of-Sale (POS) Terminals Market Regional Outlook

By region, the study provides the restaurant POS terminals market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominated the market in 2024 due to the rapid expansion of the restaurant industry and the high concentration of vendors providing restaurant POS software. In addition, there is a growing demand for advanced POS solutions to effectively manage daily operations and overcome challenges in restaurants. Additionally, major companies are entering the North American restaurant POS terminals market to take advantage of opportunities arising from the rapid growth of the restaurant industry. In February 2020, PayFacto acquired POSera and Resto Finances and collaborated to expand its footprint in North America's hospitality technology market. The integration of Maitre D POS and Veloce POS responded to the growing demand for sophisticated restaurant solutions, contributing to market growth as the industry expanded. This reflected the increasing importance of advanced technology in enhancing operational efficiency in the hospitality sector.

The Asia Pacific restaurant point-of-sale terminals market is expected to record a significant CAGR during the forecast period due to rapid urbanization in emerging economies. The food sector is expanding, especially in urban and suburban areas, as people relocate for work. As a result, restaurant owners are increasingly using POS terminals to efficiently manage large volumes of customers and streamline their operations.

In India, the adoption of digital bill payment systems is driving the restaurant POS terminals market expansion. This shift enhances transaction efficiency, improves customer convenience, and aligns with the broader trend toward digitalization in the food service industry. According to a report published by the Ministry of Finance in December 2023, digital payment transactions in India are growing at a CAGR of 45%, and transactions for the current fiscal year reached 11,660 crores. This robust growth in digital payments underscores the increasing importance of advanced POS systems in restaurants, reflecting a broader trend toward technological adoption and efficiency in the Indian restaurant service sector.

Restaurant Point-of-Sale (POS) Terminals Market – Key Players and Competitive Analysis Report

The restaurant point-of-sale terminals market is highly competitive, with both global leaders and regional players competing for market share through innovation, strategic partnerships, and geographical expansion. Major players such as Toast, Oracle, Square, and Lightspeed are leveraging strong R&D capabilities, integrated solutions, and expansive distribution networks to provide advanced POS systems tailored for restaurants. Restaurant POS terminals market trends indicate an increasing demand for cloud-based POS systems driven by the need for improved operational efficiency, data analysis, and customer experience management. These trends are further supported by the growing shift toward mobile and contactless payment solutions and the adoption of AI-driven tools to streamline operations. According to market statistics, the market is poised for significant growth, particularly in North America and Europe, where restaurants are increasingly adopting POS systems to improve scalability, sales management, and customer engagement. Regional players are also addressing local needs by offering customized POS solutions designed for specific market segments, such as fast-casual and fine dining establishments. Competitive strategies in the restaurant POS terminals market include the advancements in AI-based systems; integration of machine learning for predictive analytics; and the development of all-in-one POS systems that integrate payments, inventory, and staff management. These efforts highlight the market’s focus on innovation, customer-centric solutions, and scalability. A few major players in the restaurant point-of-sale terminals market are Aireus Inc.; NCR Corporation; Oracle Corporation; ParTech, Inc.; PAX Technology Limited; POSsible POS; ShopKeep (now part of LightSpeed); Snack POS; Sainsbury’s; Toast, Inc.

Aireus Inc. is a provider of innovative restaurant technology solutions, specializing in POS systems. The company operates through a single segment, offering a comprehensive suite of POS solutions designed to enhance restaurant operations. Aireus provides a range of products, including POS terminals, digital payment systems, and integrated restaurant management tools.

PAR Technology Corporation is a global company in restaurant technology solutions, operating primarily in the point-of-sale (POS) and data analytics sectors. The company's portfolio includes advanced POS systems such as Brink POS and PixelPoint, as well as data management solutions such as data central and loyalty programs through Punchh. PAR Technology also offers innovative drive-thru solutions and digital ordering platforms to enhance customer service and operational efficiency in the restaurant industry. In February 2024, PAR Technology Corporation expanded its global reach in the restaurant technology sector, particularly in point-of-sale (POS) and data analytics. The company's product lineup includes POS systems such as Brink POS and PixelPoint, along with data management tools such as data central and loyalty programs powered by Punchh.

List of Key Companies in Restaurant Point-of-Sale (POS) Terminals Market

  • Aireus Inc.
  • NCR Corporation
  • Oracle Corporation
  • ParTech, Inc.
  • PAX Technology Limited
  • POSsible POS
  • Sainsbury’s
  • ShopKeep (now part of LightSpeed)
  • Snack POS
  • Toast, Inc.

Restaurant Point-of-Sale (POS) Terminals Industry Developments

In July 2024: PAR Technology Corporation acquired TASK Group Holdings Limited by issuing 2,163,393 PAR shares and USD131.5 million in cash. This strategic acquisition aims to enhance PAR's market capabilities and operational synergies.

In August 2024: Sainsbury’s extended its 20-year partnership with NCR Voyix by signing a seven-year deal to enhance its shopping experience. The upgrade includes NCR Voyix’s POS and self-checkout systems, leveraging AI for better customer service and operational efficiency.

In August 2023: Snack POS, a restaurant point-of-sale system provider, partnered with PAX, a secure electronic payment terminals provider, to introduce EMV-enabled terminals. This partnership enhances payment security and convenience for restaurants and their customers.

Restaurant Point-of-Sale (POS) Terminals Market Segmentation

By Product Outlook (Revenue, USD Billion, 2020–2034)

  • Fixed
    • Self-Serve Kiosks
    • Cash Counters Terminal
    • Vending Machine
  •  Mobile

By Component Outlook (Revenue, USD Billion, 2020–2034)

  • Hardware
    • Swipe Card Machine
    • Touch Screen/Desktop
    • Others
  • Software

By End User Outlook (Revenue, USD Billion, 2020–2034)

  • Fine Dining Restaurants
  • Casual Dining Restaurants
  • Bars and Pubs
  • Fast Food Restaurants
  • Others

By Deployment Outlook (Revenue, USD Billion, 2020–2034)

  • Cloud
  • On-Premise

By Application Outlook (Revenue, USD Billion, 2020–2034)

  • Front-End
  • Back-End

By Regional Outlook (Revenue, USD Billion, 2020–2034)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Malaysia
    • South Korea
    • Indonesia
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Restaurant Point-of-Sale (POS) Terminals Market Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 24.15 billion

Market Size Value in 2025

USD 26.02 billion

Revenue Forecast by 2034

USD 51.60 billion

CAGR

7.9 % from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD Billion and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Product
  • By Deployment
  • By End User
  • By Component

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • Restaurant Point-of-Sale (POS) Terminals Industry Trend Analysis (2024)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

FAQ's

The global restaurant POS terminals market size was valued at USD 24.15 billion in 2024 and is projected to grow to USD 51.60 billion by 2034.

The global market is projected to register a CAGR of 7.9% during the forecast period.

North America accounted for the largest share of the global market in 2024.

A few key players in the market are Aireus Inc.; NCR Corporation; Oracle Corporation; ParTech, Inc.; PAX Technology Limited; POSsible POS; ShopKeep (now part of LightSpeed); Snack POS; Sainsbury’s; Toast, Inc.

The on-premise segment dominated the restaurant POS terminals market revenue share in 2024.

The mobile segment is expected to grow at a higher rate in the global market during the forecast period.