In 2023, the number of POS terminals in the UK was recorded at 3.15 million units. The forecast indicates a steady year-on-year growth in POS terminals, with a projected increase from 3.24 million units in 2024 to 3.62 million units by 2028. This represents an average annual growth rate (CAGR) of approximately 2.8% over this five-year period.

Future trends to watch for:

Integration of advanced technology such as contactless and mobile payment systems in POS terminals.
The shift towards digital-first payment solutions may further accelerate terminal deployment.
Regulatory changes and security concerns could impact adoption rates and technological enhancements.