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Report Overview

The United States grocery and pharmacy point of sale (POS) terminal market value is projected to grow at a CAGR of 9.8% between 2025 and 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

United States Grocery and Pharmacy Point of Sale (POS) Terminal Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million XX
Market Size 2034 USD Million XX
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 9.8%
CAGR 2025-2034 - Market by Region Southeast 9.7%
CAGR 2025-2034 - Market by Region New England 9.1%
CAGR 2025-2034 - Market by Product Type Mobile POS Terminals 10.7%
CAGR 2025-2034 - Market by Deployment Type Cloud-based 10.9%
Market Share by Region New England 12.8%

United States Grocery and Pharmacy Point of Sale (POS) Terminal Market Outlook

As per United States grocery and pharmacy point of sale (POS) terminal industry analysis, the market has witnessed a shift towards cashless transactions because consumers now prefer the convenience of mobile and contactless payments. This has led to an increase in adoption of mobile POS systems. Furthermore, continuous technological advancements in POS hardware and software are enhancing security features, such as end-to-end encryption, thereby boosting consumer confidence and driving demand.

In addition, the introduction of new payment technologies, such as Near Field Communication (NFC) and Europay, MasterCard, and Visa (EMV), is reshaping payment methods and encouraging grocery and pharmacy retailers to upgrade their point of sale terminals or systems. This has driven growth of the United States grocery and pharmacy point of sale (POS) terminal market. The rising consumption of grocery items and prevalence of diseases has also resulted in increased visits to grocery and pharmacy stores, also leading to market growth. Changes in shopping habits, a significant increase in curbside pickup, and adoption of virtual consultations have also created a pressing need for POS solutions.

Rising Adoption of Advanced POS Systems to Improve Customer Experience is One of the Major United States Grocery and Pharmacy Point of Sale (POS) Terminal Market Trends

The market is expected to experience significant growth between 2025 and 2034, with the Far West region leading at a projected CAGR of 11.3%. This growth is primarily driven by the increasing adoption of advanced POS systems that enhance transaction speed, inventory management, and customer service in grocery and pharmacy outlets. The Rocky Mountain and Southwest regions follow closely, with CAGRs of 10.5% and 10.0%, respectively, reflecting the rising grocery and pharmacy point of sale (POS) demand for efficient retail operations in these areas. The Southeast region is also expected to show robust growth at 9.7%, supported by the expansion of retail networks and the integration of digital payment solutions. Overall, the POS terminal market is set to expand across all regions, with varying growth rates reflecting local market conditions and technological advancements.

CAGR 2025-2034 - Market by Region
Southeast 9.7%
New England 9.1%
Mideast XX%
Plains XX%
Great Lakes XX%
Southwest XX%
Rocky Mountain 10.5%
Far West 11.3%

Shift Towards Mobile POS Terminals Has Increased the Segment’s United States Grocery and Pharmacy Point of Sale (POS) Terminal Market Share

The market is set to grow, with mobile POS terminals expected to lead the market at a CAGR of 10.7% from 2024 to 2032. This trend reflects the increasing demand for flexible and portable transaction solutions that enhance customer experience and streamline operations in grocery and pharmacy environments. Fixed POS terminals are also anticipated to grow, albeit at a slower rate, with a projected CAGR of 8.8%. The shift towards mobile POS systems highlights a broader trend in the United States grocery and pharmacy point of sale (POS) market and retail sector, where mobility, ease of use, and integration with other digital solutions are becoming key priorities. This growth is further supported by the ongoing digital transformation across the retail landscape, driving the adoption of advanced POS technologies.

Integration of Cloud Technology in POS Systems is Driving United States Grocery and Pharmacy Point of Sale (POS) Terminal Market Growth

The United States market is witnessing a significant shift towards cloud-based deployments, projected to grow at a CAGR of 10.9% from 2024 to 2032. This preference for cloud-based solutions is driven by the need for scalability, real-time data access, and cost-efficiency, making it an increasingly popular choice among retailers. On-premises deployments, while still relevant, are expected to grow at a slightly slower rate of 10.2%, reflecting a steady but gradual transition from traditional systems to cloud-based platforms. These United States grocery and pharmacy point of sale (POS) market dynamics and trends underscore a broader shift towards digital transformation in retail operations, with cloud-based POS systems offering enhanced flexibility and integration capabilities that cater to the evolving demands of the grocery and pharmacy sectors.

Key Questions Answered in the Report:

  • How has the United States grocery and pharmacy point of sale (POS) terminal market performed historically, and what are the growth expectations for the future? 
  • What are the primary factors influencing demand and growth in the United States grocery and pharmacy point of sale (POS) terminal market? 
  • What are the key segments within the United States grocery and pharmacy point of sale (POS) terminal market, and how are they expected to evolve over the forecast period? 
  • What are the major challenges and opportunities facing stakeholders in the United States grocery and pharmacy point of sale (POS) terminal market? 
  • Who are the key players in the United States grocery and pharmacy point of sale (POS) terminal market, and what strategies are they employing to maintain a competitive edge? 
  • What are the regulatory and policy factors influencing the United States grocery and pharmacy point of sale (POS) terminal market globally or regionally? 
  • How competitive is the United States grocery and pharmacy point of sale (POS) terminal market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers? 
  • What are the current trends shaping the United States grocery and pharmacy point of sale (POS) terminal market landscape, and how are they expected to evolve in the future? 
  • How are technological advancements impacting the United States grocery and pharmacy point of sale (POS) terminal market, and what role do innovation and R&D play in driving growth? 
  • What are the consumer preferences and buying behavior trends influencing the United States grocery and pharmacy point of sale (POS) terminal market? 
  • How sustainable are current growth rates in the United States grocery and pharmacy point of sale (POS) terminal market, and what factors could potentially disrupt these trends? 
  • What are the regional dynamics within the United States grocery and pharmacy point of sale (POS) terminal market, and how do they contribute to overall market growth? 
  • What are the economic factors influencing the United States grocery and pharmacy point of sale (POS) terminal market, such as GDP growth, inflation rates, and currency fluctuations? 
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States grocery and pharmacy point of sale (POS) terminal market? 
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States grocery and pharmacy point of sale (POS) terminal market? 
  • What are the regulatory and legal frameworks impacting the United States grocery and pharmacy point of sale (POS) terminal market globally or in key regions? 
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States grocery and pharmacy point of sale (POS) terminal market? 
  • What are the emerging market trends and niche opportunities within the United States grocery and pharmacy point of sale (POS) terminal market that stakeholders should be aware of? 
  • How resilient is the United States grocery and pharmacy point of sale (POS) terminal market to external shocks or disruptions, such as geopolitical tensions or natural disasters? 
  • What are the potential barriers to market entry and growth for new players in the United States grocery and pharmacy point of sale (POS) terminal market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States grocery and pharmacy point of sale (POS) terminal market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States grocery and pharmacy point of sale (POS) terminal market. 

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States grocery and pharmacy point of sale (POS) terminal market. 

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares. 

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States grocery and pharmacy point of sale (POS) terminal market landscape.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

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Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Deployment Type
  • Region
Breakup by Product Type
  • Mobile POS Terminals
  • Fixed POS Terminals
Breakup by Deployment Type
  • Cloud-based
  • On-Premise
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • NCR Corporation
  • Ingenico Group
  • Verifone Systems, Inc.
  • Square, Inc.
  • Clover Network, Inc.
  • Toshiba Global Commerce Solutions
  • Others

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