EMV POS Terminal

Global EMV POS Terminal Market to Reach US$20.6 Billion by 2030

The global market for EMV POS Terminal estimated at US$11.4 Billion in the year 2024, is expected to reach US$20.6 Billion by 2030, growing at a CAGR of 10.4% over the analysis period 2024-2030. Conventional Terminals, one of the segments analyzed in the report, is expected to record a 9.4% CAGR and reach US$12.7 Billion by the end of the analysis period. Growth in the Mobile Card Readers segment is estimated at 12.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.1 Billion While China is Forecast to Grow at 13.1% CAGR

The EMV POS Terminal market in the U.S. is estimated at US$3.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.1 Billion by the year 2030 trailing a CAGR of 13.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.2% and 9.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.

Global EMV POS Terminal Market - Key Trends and Drivers Summarized

EMV POS terminals are electronic payment devices that adhere to the Europay, Mastercard, and Visa (EMV) standard, which enhances security for card transactions through chip card technology. Unlike traditional magnetic stripe cards, EMV cards store data on integrated circuit chips, providing a higher level of security and reducing the risk of fraud. When used at a point-of-sale (POS) terminal, the chip generates a unique transaction code that cannot be reused, making it significantly more difficult for unauthorized parties to duplicate or misuse card information. EMV POS terminals are widely adopted across various retail environments, from small businesses to large enterprises, ensuring secure and efficient processing of credit and debit card transactions.

The adoption of EMV POS terminals has been driven by the growing need for improved transaction security in the face of increasing card fraud. Retailers and financial institutions have recognized the importance of protecting sensitive customer information and complying with global payment standards. EMV technology not only enhances security but also supports contactless payments and mobile wallet integration, providing a seamless and versatile payment experience for consumers. As contactless payments become more popular, EMV POS terminals are evolving to accommodate these trends, incorporating near-field communication (NFC) capabilities that allow for quick and convenient tap-and-go transactions. The transition to EMV-compliant devices has also been accelerated by regulatory mandates and liability shifts that incentivize merchants to upgrade their payment systems to avoid financial responsibility for fraudulent transactions.

The growth in the EMV POS terminal market is driven by several factors, reflecting technological advancements, regulatory requirements, and changing consumer behavior. Firstly, the global increase in payment card fraud has prompted stricter regulations and mandates for EMV compliance, encouraging merchants to adopt more secure POS solutions. Secondly, advancements in payment technologies, including the rise of contactless and mobile payments, are driving demand for EMV POS terminals that can support these modern payment methods. Thirdly, the expansion of the retail sector, particularly in emerging markets, is creating new opportunities for POS terminal deployment, as businesses seek to enhance their payment infrastructure. Additionally, consumer preference for secure and convenient payment options is pushing merchants to upgrade to EMV-enabled devices to meet customer expectations and build trust. Lastly, the integration of EMV technology with other value-added services, such as loyalty programs and data analytics, is providing additional incentives for businesses to invest in advanced POS terminals. These factors collectively ensure the robust growth and continuous innovation in the EMV POS terminal market, supporting the evolving needs of the global payment ecosystem.

SCOPE OF STUDY:

The report analyzes the EMV POS Terminal market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product (Conventional Terminals, Mobile Card Readers); End-User (Retail End-User, Hospitality End-User)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 39 Featured) -

• Bluebird Inc.
• Cantaloupe, Inc.
• DATECS Ltd.
• Feigete Intelligent Technology Co., Ltd. (SFT)
• Global Payments, Inc.
• iMin Technology
• Ingenico Group SA
• Ingenico North America
• OCOM Technologies Limited
• PAX Technology Ltd.
• Shenzhen Justtide Tech Co., Ltd.
• Shenzhen Xinguodu Technology Co., Ltd.
• SZZT Electronics Co., Ltd.
• Telepower Communication Co., Ltd.
• VeriFone, Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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