Global Number of POS Terminals by Country

In 2023, China led the global market with 44.39 million POS terminals, marking a year-on-year increase of 5.39%. Brazil followed at 9.03 million units with a 1.26% increase. India, growing at 4.82%, reached 4.71 million units. Other notable markets include Italy (3.62 million, 2.66% increase), Russia (3.27 million, 4.65% increase), and the United Kingdom (3.14 million, 3.12% increase). Smaller but growing markets such as Saudi Arabia and Singapore exhibited growth rates above 4%. Each country's compound annual growth rate (CAGR) over the last five years reflects steady expansion in the adoption of POS terminals globally.

Future trends to watch include the continued rapid growth in India and Indonesia, the expanding infrastructure in emerging markets like South Africa and Mexico, and advanced technology integration in mature markets such as the United States and European countries. Additionally, there is a trend toward mobile and cloud-based POS systems, alongside increased digital payment adoption, setting the stage for robust growth in the upcoming years.

Top countries in Number of POS Terminals by Country

# 10 Countries Thousand Units Last Year YoY 5-years CAGR
1 1 China 44,390 2023 +4.99% +5.39% View data
2 2 Brazil 9,030 2023 +3.52% +1.26% View data
3 3 India 4,710 2023 +5.08% +4.82% View data
4 4 Italy 3,620 2023 +3.59% +2.66% View data
5 5 Russia 3,270 2023 +4.79% +4.65% View data
6 6 United Kingdom 3,140 2023 +3.31% +3.12% View data
7 7 France 1,940 2023 +1.76% +1.17% View data
8 8 Spain 1,760 2023 +1.54% +1.36% View data
9 9 Canada 1,700 2023 +3.07% +3.71% View data
10 10 Indonesia 1,260 2023 +2.45% +3.77% View data