Smart POS Market Report 2025 (Global Edition)

Global Smart POS Market Report 2025 Market Size Split by Type (Portable Smart POS, Desktop Smart POS, Other), by Application (Retail, Restaurant, Hospitality Industry, Others)

Smart POS Market Report Description

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How 2025 Tariffs Are Reshaping the Consumer Goods Industry

In 2025, the global trade landscape has shifted dramatically following the U.S. introduction of sweeping tariffs under President Donald Trump’s administration. These "Liberation Day Tariffs," launched in April, aim to reduce trade deficits and boost domestic manufacturing. Tariffs range from 10% on imports from countries like the UK and Australia to 46% on Vietnamese goods, with a blanket 34% tariff on many Chinese imports and 25% on all steel, aluminum, and auto parts. This policy heavily impacts the consumer goods sector apparel, appliances, packaged foods, and personal care products due to their deep reliance on global supply chains, especially in Asia. U.S.–China trade tensions have intensified, with reciprocal tariffs reaching up to 145% on U.S. goods and 125% on Chinese exports, while China’s trade surplus with the U.S. hit USD 102.6 billion in March 2025. In response, the EU and Canada have implemented retaliatory measures, signaling a broader shift toward protectionism.

The consumer goods industry is feeling immediate effects: production costs are rising, sourcing is delayed, and inflation pressures are mounting. Apparel and footwear now face 25% tariffs, prompting brands to seek nearshoring options or raise prices. Household appliances incur 20% tariffs, complicating inventory and procurement strategies. Packaged foods and beverages are hit with 10–15% tariffs, impacting contracts and leading to supplier diversification and product reformulation. Personal care firms face higher costs for imported ingredients and packaging, leading to local sourcing efforts and delays in new product launches. Meanwhile, electronics, though temporarily exempt, are preparing for possible disruptions by diversifying suppliers and increasing inventories.

China remains the backbone of U.S. consumer goods sourcing, accounting for a large portion of imports either directly or through upstream components. This makes tariffs on Chinese goods especially disruptive. The rising input costs 15–30% in many categories combined with seasonal pressures and tight timelines, are causing delays and increased costs. Smaller brands, in particular, are struggling due to limited capital and reduced supplier leverage. Many are being forced to increase prices, cut product variety, or compromise on quality.

Market research is now critical to navigating this volatile environment. It supports supplier mapping and risk assessment, helping brands identify alternative sourcing countries with stable regulations and quality control. It also aids in cost and margin analysis, guiding decisions on pricing and sourcing changes. Optimization of product design and materials through research allows companies to reduce costs while maintaining consumer expectations. Additionally, research helps assess consumer price sensitivity, enabling strategic repositioning. Tracking regulatory changes and running scenario planning models allow firms to anticipate and adapt to future trade shifts.

To cope, companies are restructuring their global sourcing models. Major brands like Nike and IKEA are expanding operations in Vietnam, India, and Mexico, while embracing “in-market for market” strategies to reduce exposure to tariffs and logistics risks. Many are adopting AI-driven demand forecasting and automated procurement, and pushing suppliers for transparency. Product redesign and SKU rationalization are also common. The most successful firms are those using data-driven insights, operational flexibility, and strategic supplier partnerships to adapt not just survive in this new era of global trade.

Smart POS Market Insights Video

Competitive Landscape of the Smart POS Market

The competitive landscape of the Smart POS market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts.

In April 2023, leader in mobile point-of-sale technology and global leader in payment technologies, Miura Systems, announced the release of their brand-new, exquisitely designed Miura Android Smart POS payment gadget. MASP takes advantage of the cooperative, open-source Android community to simplify, streamline, and secure the process of developing and maintaining applications. The broad and potent Miura payments application programming interface (MPI), the SDKs for the Android platform that enable it, as well as Miura's robust security platform, remote key injection, and remote software and device administration capabilities, are all used in MASP implementations. With MASP, mobile payments based on Android can simplify fully-integrated cloud point-of-sale migrations for bank acquirers, payment service providers, independent software vendors, and the merchants they serve.

(Source: https://www.prnewswire.com/news-releases/miura-launches-android-smart-pos-payment-device-301803288.html)

Top Companies Market Share in Smart POS Industry: (In no particular order of Rank)

• PAX Technology
• VeriFone
• Clover Network
• AccuPOS
• Posandro
• Ingenico
• Emobilepos
• SZZT Electronics
• Newland Payment
• Bitel
• Xinguodu
• Flytech
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Smart POS Market

Which Region Dominates the Smart POS Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. In North America, omnichannel retailing has become increasingly popular as customers demand seamless online and offline purchasing experiences. Retailers in the area need smart point-of-sale systems that enable omnichannel strategy and connect with e-commerce platforms.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific stands out as the fastest-growing region in the Smart POS market. The economies of the Asia Pacific area are expanding quickly, especially in Southeast Asian, Chinese, and Indian states. Due to this expansion, consumer spending has gone up, and there is a greater need than ever for contemporary retail and hospitality solutions, including Smart POS systems.

The current report Scope analyzes Smart POS Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Smart POS Market Analysis

According to Cognitive Market Research, the global Smart POS market size was estimated at USD 7158.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 2863.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 34.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Smart POS market with a market size of USD 2259.13 million in 2024 and is projected to grow at a CAGR of 34.0% during the forecast period. The growth in the country is attributed to the growing investment.
• The Canada Smart POS market had a market share of USD 343.59 million in 2024 and is projected to grow at a CAGR of 35.0% during the forecast period. The country is attributed to the rising investment in innovative technology.
• The Mexico Smart POS market is projected to witness growth at a CAGR of 34.7% during the forecast period with a market size of USD 260.56 million in 2024.

Europe Smart POS Market Analysis

According to Cognitive Market Research, the global Smart POS market size was estimated at USD 7158.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2147.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 34.5% from 2024 to 2031.

• The United Kingdom Smart POS market had a market share of USD 360.77 million in 2024 and is projected to grow at a CAGR of 35.3% during the forecast period. In the UK, Smart POS sales witness an upswing due to the nation's growing investment.
• The France Smart POS market is projected to witness growth at a CAGR of 33.7% during the forecast period with a market size of USD 197.57 million in 2024.
• According to Cognitive Market Research, the Germany Smart POS market size was valued at USD 425.20 million in 2024 and is projected to grow at a CAGR of 34.7% during the forecast period. In Germany, Smart POS sales surged due to the presence of major companies.
• The Italy Smart POS market is projected to witness growth at a CAGR of 33.9% during the forecast period with a market size of USD 184.68 million in 2024.
• The Russia Smart POS market is projected to witness growth at a CAGR of 33.5% during the forecast period with a market size of USD 332.86 million in 2024.
• The Spain Smart POS market is projected to witness growth at a CAGR of 33.6% during the forecast period with a market size of USD 176.09 million in 2024.
• The Luxembourg Smart POS market is projected to witness growth at a CAGR of 34.6% during the forecast period with a market size of USD 66.57 million in 2024.
• The Portugal Smart POS market is projected to witness growth at a CAGR of 34.3% during the forecast period with a market size of USD 45.10 million in 2024.
• The Greece Smart POS market is projected to witness growth at a CAGR of 34.8% during the forecast period with a market size of USD 25.77 million in 2024.
• Rest of Europe Smart POS market is projected to witness growth at a CAGR of 33.2% during the forecast period with a market size of USD 332.86 million in 2024.

Asia Pacific Smart POS Market Analysis

According to Cognitive Market Research, the global Smart POS market size was estimated at USD 7158.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1646.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 38.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Smart POS market size was valued at USD 740.87 million in 2024 and is projected to grow at a CAGR of 37.5% during the forecast period. Smart POS sales surged in China due to the growing technological advancements.
• The Japan Smart POS market is projected to witness growth at a CAGR of 36.5% during the forecast period with a market size of USD 227.20 million in 2024.
• The India Smart POS market had a market share of USD 197.58 million in 2024 and is projected to grow at a CAGR of 39.8% during the forecast period. The demand is augmented by India's growing urbanization.
• The South Korea Smart POS market is projected to witness growth at a CAGR of 37.1% during the forecast period with a market size of USD 164.64 million in 2024.
• The Australia Smart POS market is projected to witness growth at a CAGR of 37.7% during the forecast period with a market size of USD 85.61 million in 2024.
• The South East Asia Smart POS market is projected to witness growth at a CAGR of 39.0% during the forecast period with a market size of USD 113.60 million in 2024.
• The Rest of Asia Pacific Smart POS market is projected to witness growth at a CAGR of 37.8% during the forecast period with a market size of USD 116.89 million in 2024.

South America Smart POS Market Analysis

According to Cognitive Market Research, the global Smart POS market size was estimated at USD 7158.2 Million out of which the Latin America market is more than 5% of the global revenue with a market size of USD 357.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 35.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Smart POS market size was valued at USD 153.19 million in 2024 and is projected to grow at a CAGR of 36.0% during the forecast period. Smart POS sales flourish in Brazil due to the nation's favourable market conditions.
• The Argentina Smart POS market had a market share of USD 60.13 million in 2024 and is projected to grow at a CAGR of 36.3% during the forecast period. The demand is augmented by Argentina's growing product launch.
• The Colombia Smart POS market is projected to witness growth at a CAGR of 35.2% during the forecast period with a market size of USD 31.85 million in 2024.
• The Peru Smart POS market is projected to witness growth at a CAGR of 35.6% during the forecast period with a market size of USD 29.35 million in 2024.
• The Chile Smart POS market is projected to witness growth at a CAGR of 35.7% during the forecast period with a market size of USD 25.77 million in 2024.
• The Rest of Latin America Smart POS market is projected to witness growth at a CAGR of 34.5% during the forecast period with a market size of USD 57.62 million in 2024.

Middle East Smart POS Market Analysis

According to Cognitive Market Research, the global Smart POS market size was estimated at USD 7158.2 Million out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 143.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 35.7% from 2024 to 2031.

• The GCC Countries Smart POS market is projected to witness growth at a CAGR of 36.5% during the forecast period with a market size of USD 61.27 million in 2024. Smart POS sales flourish due to the region's favourable market conditions.
• The Egypt Smart POS market is projected to witness growth at a CAGR of 36.0% during the forecast period with a market size of USD 15.03 million in 2024.
• The South Africa Smart POS market is projected to witness growth at a CAGR of 36.7% during the forecast period with a market size of USD 22.62 million in 2024. Smart POS sales flourish in South Africa due to the region's favourable market conditions and growing product launch.
• The Turkey Smart POS market is projected to witness growth at a CAGR of 35.2% during the forecast period with a market size of USD 12.31 million in 2024.
• The Nigeria Smart POS market is projected to witness growth at a CAGR of 34.8% during the forecast period with a market size of USD 15.03 million in 2024.
• The Rest of MEA Smart POS market is projected to witness growth at a CAGR of 34.7% during the forecast period with a market size of USD 16.89 million in 2024.

Smart POS Market Analysis

Smart POS Market Type Segment Analysis

According to Cognitive Market Research, Desktop Smart POS type stands out as the dominating category. Many features and functionalities are commonly available with desktop smart point-of-sale (POS) systems. These include employee management, inventory management, sales tracking, CRM, reporting and analytics, and integration with other business software, including e-commerce and accounting platforms. This, robust functionality drives the segment growth.

Portable Smart POS type emerges as the fastest-growing category in the Smart POS market. The segment expansion is attribute to its wireless connectivity and advanced security features.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Smart POS Industry. Request a Free Sample PDF!

Smart POS Market Application Segment Analysis

According to Cognitive Market Research, the dominating category is Retail. Retailers are embracing omnichannel tactics at a growing rate to offer a smooth online, in-store, and mobile buying experience. To make it possible for retailers to provide services like buy online, pick up in-store (BOPIS) and ship from store, smart point of sale (POS) systems play a critical role in enabling omnichannel commerce. This is because they integrate sales and inventory data across multiple channels.

The fastest-growing category in the Smart POS market is Hospitality Industry. In the hotel sector, smart point-of-sale (POS) systems facilitate operational efficiency by automating critical tasks including order taking, table management, and payment processing. Features like tableside ordering, customisable menus, and kitchen display systems increase productivity and shorten client wait times.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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