Handheld Point of Sale Market Growth Driven by Rising Demand for Mobile Payment Solutions

The global handheld point of sale market size accounted for USD 33.24 billion in 2025 and is forecasted to hit around USD 80.65 billion by 2034, representing a CAGR of 10.35% from 2025 to 2034. The Asia Pacific market size was estimated at USD 12.05 billion in 2024 and is expanding at a CAGR of 10.48% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : 20 Aug 2025 | Report Code : 6609 | Category : Semiconductor and Electronic | Format : PDF / PPT / Excel

Handheld Point of Sale Market Size and Forecast 2025 to 2034

The global handheld point of sale market size was estimated at USD 30.12 billion in 2024 and is predicted to increase from USD 33.24 billion in 2025 to approximately USD 80.65 billion by 2034, expanding at a CAGR of 10.35% from 2025 to 2034. The market is growing due to rising demand for mobile, efficient, and contactless payment solutions in retail, hospitality, and field service sectors.

Handheld Point of Sale Market Key Takeaways
- In terms of revenue, the global handheld point of sale market was valued at USD 30.12 billion in 2024.
- It is projected to reach USD 80.65 billion by 2034.
- The market is expected to grow at a CAGR of 10.35% from 2025 to 2034.
- Asia Pacific dominated the market with the largest market share of 40% in 2024 and is expected to be the fastest growing.
- By product type, the smartphone‑based mPOS readers segment held the biggest share of 45% in 2024.
- By product type, the mobile POS terminals segment is expected to grow at the fastest CAGR during the forecast period.
- By form factor, the dongle/reader segment captured the highest market share of 50% in 2024.
- By form factor, the tablet‑style handheld POS systems segment is projected to grow at the fastest CAGR during the forecast period.
- By component, the hardware segment led market in 2024.
- By component, the software & services segment is emerging as the fastest‑growing during the forecast period.
- By payment technology, the contactless/NFC segment contributed the highest market share at 40% in 2024.
- By payment technology, the QR code/barcode payments and mobile wallets segments are expected to grow at the fastest CAGR during the forecast period.
- By end‑user industry, the retail segment generated the major market share of 35% in 2024.
- By end‑user industry, the hospitality segment is expected to grow at the fastest CAGR during the forecast period.
- By application/use case, the payment acceptance segment accounted for the significant market share of 50% in 2024.
- By application/use case, the inventory & price check segment is the fastest‑growing segment during the forecast period.

What Is the Impact of AI Integration on Transaction Speed and Customer Experience in the Handheld Point of Sale Market?
The customer experience and transaction speed are being greatly improved by the incorporation of artificial intelligence (AI) into products coming from the handheld point of sale market. POS devices can process payments more quickly by utilizing AI‑driven algorithms, which offer automated error detection, predictive data entry, and optimized transaction routing. Checkout times are shortened as a result, particularly in busy settings like quick‑service restaurants and retail stores. On the customer experience side, AI enables personalized interactions by analyzing past purchase data to suggest relevant products, promotions, or loyalty rewards in real time. It also supports voice‑assisted ordering, automated inventory updates, and predictive stock alerts, ensuring customers find the products they need. Additionally AI‑powered fraud detection helps create a secure payment environment, building trust between merchants and customers.

Asia Pacific Handheld Point of Sale Market Size and Growth 2025 to 2034
The Asia Pacific handheld point of sale market size is evaluated at USD 13.30 billion in 2025 and is projected to be worth around USD 32.66 billion by 2034, growing at a CAGR of 10.48% from 2025 to 2034.

Why Did Asia Pacific Dominate the Market in 2024?
Asia Pacific dominated the handheld point of sale market in 2024 and is expected to sustain its position in the coming years, backed by the widespread use of mobile technology and the quick adoption of digital payments. Competitive hardware availability and robust government initiatives supporting cashless transactions are propelling market penetration. The regions' lead will continue to be strengthened by advancements in handheld point of sale systems and growing merchant adoption. Its dominance is being reinforced by the existence of a robust fintech ecosystem and rising investments in payment infrastructure. It is anticipated that rising customer preference for contactless and mobile wallet transactions will maintain strong growth momentum.

North America is experiencing notable growth, fueled by the need for integrated retail and hospitality solutions as well as the growing use of contactless payments. The region's market is growing more quickly thanks to improvements in cloud‑based point of sale technology and growing customer expectations for quicker, more convenient checkouts. Strong cooperation between payment processors and point of sale providers is improving the capabilities of the solutions. The adoption of AI‑powered analytics, omnichannel commerce, and customer engagement features is also accelerating across industries.

How Is the Shift Toward Cashless Payments Influencing the Handheld Point of Sale Market?
The shift toward cashless payments is boosting the handheld point of sale (POS) market by driving demand for portable, contactless, and quick payment solutions that enhance customer convenience and operational efficiency. In order to keep up with the growing number of customers who use contactless cards, mobile wallets, and QR code payments, businesses are increasingly using handheld point of sale devices. This trend is further reinforced by government programs that encourage digital payments, particularly in developing nations, and the post‑pandemic demand for touchless hygienic transactions. Handheld point of sale systems are becoming an essential part of the contemporary payment ecosystem by facilitating quicker checkouts, mobility, and integration with business management tools.

Handheld Point of Sale Market Growth Factors
- Cashless payments: Surge in mobile wallets, QR, and contactless use.
- Retail & Hospitality Growth: Faster checkouts, improved service.
- Tech Upgrades: Cloud, AI, and IoT are boosting efficiency.
- Omnichannel Needs: Supports online and offline payment integration.
- Emerging Markets: Digital payment adoption is increasing in demand.
- Post‑pandemic hygiene: Preference for touch‑free payment methods.
- Mobility & Flexibility: Enables transactions anywhere, anytime.
- Lower Device Costs: Affordable solutions for SMEs and startups.
- Government Initiatives: Policies promoting digital transactions.
- Data Insights: POS analytics improving business decision making.

Market Scope
- Report Coverage
- Details
- Market Size by 2034: USD 80.65 Billion
- Market Size in 2025: USD 33.24 Billion
- Market Size in 2024: USD 30.12 Billion
- Market Growth Rate from 2025 to 2034: CAGR of 10.35%
- Dominating Region: Asia Pacific
- Fastest Growing Region: North America
- Base Year: 2024
- Forecast Period: 2025 to 2034
- Segments Covered: Product Type, Form Factor, Components, Payment Technology, End‑user industry, Application/Use Case, and Region
- Regions Covered: North America, Europe, Asia‑Pacific, Latin America, and Middle East & Africa

Market Dynamics
Drivers
- Retail and hospitality sectors driving higher demand for handheld POS systems.
- Governments encouraging cashless transactions through national campaigns, tax breaks, and subsidies.
- High transaction volumes in retail and hospitality driving demand.

Recent Developments
- On 26 February 2025, HowToPay launched POS mini in Thailand, a compact device with bill printing and app integration for small restaurants and mobile vendors.
- On 30 May 2025, Rongta Technology unveiled P3 smart desktop POS and PDA products at COMPUTEX 2025.
- On 13 May 2025, Square unveiled its sleek, smartphone‑sized Square Handheld, weighing just 11 oz and featuring a Gorilla Glass touchscreen, barcode scanner, 16 MP camera, and long‑lasting battery, powered by the new unified Square Point of Sale app.
- On 31 July 2025, Toast Inc. introduced the Toast Go 3, its latest portable POS offering built for restaurants, complete with built‑in cellular capability, IP65 dust/liquid protection, 24‑hour battery life, and AI‑powered features like instant upsells and real‑time operational insights.
- On 1 July 2025, Flipdish introduced a new all‑in‑one Handheld POS combining order taking, payment processing, loyalty integration, and swivel‑mounted charging, designed for casual dining, food trucks, and high‑turnover venues.

Handheld Point Of Sale Market Companies
- Verifone
- Ingenico (Worldline)
- PAX Technology
- Castles Technology
- BBPOS
- SumUp
- Square (Block)
- Clover (Fiserv)
- Miura Systems
- Sunmi
- Newland (Shenzhen Newland)
- ID TECH
- Spire Payments
- Zebra Technologies
- Honeywell
- Datalogic
- Motorola Solutions
- Poynt (GoDaddy / Poynt)
- SZZT (Shenzhen SZZT Electronics)
- Nayax

## Segments Covered in the Report
By Product Type, Form Factor, Components, Payment Technology, End‑user industry, Application/Use Case, and Region.

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Handheld Point of Sale Market Size to Hit USD 80.65 Billion by 2034

The global handheld point of sale (POS) market is projected to grow from USD 30.12 billion in 2024 to USD 80.65 billion by 2034, a CAGR of 10.35% from 2025 to 2034. Asia Pacific dominates the market, holding 40% share in 2024, while North America is the fastest‑growing region. The growth is driven by rising demand for mobile, contactless payment solutions across retail, hospitality, and field‑service sectors, and by AI integration that speeds transactions and enhances customer experience. Key players include Verifone, Ingenico (Worldline), PAX Technology, Square (Block), and others, with recent product launches from Square, Toast Inc., Flipdish, HowToPay, and Rongta Technology.