The installed base of cellular PoS terminals will reach 247 million in 2029, according to market watcher Berg Insight.

Cellular connectivity has become a popular option for PoS terminals and was incorporated in 53 per cent of the devices shipped in 2025. The wireless technology has an important role in facilitating the global adoption of electronic payments, as it enables the rollout of PoS terminals to many new market segments and parts of the world where the fixed line telecommunications infrastructure is less developed.

The installed base of cellular PoS terminals reached 184m in 2025. Berg forecasts a CAGR of 7.6 per cent between 2025 and 2029, resulting in a total of 247m cellular PoS terminals at the end of the forecast period.

Berg projects at the same time that the global installed base of NFC-ready PoS terminals will see a CAGR of 6.2 per cent from 316.5m units in 2025 to 403m units in 2029. As a result, more than 97 per cent of the world’s PoS terminals will be NFC-ready in 2029, up from 92 per cent in 2025.

“The Android PoS terminal category has become very popular lately,” said Johan Fagerberg, principal analyst at Berg Insight. “Close to half of the PoS terminals sold in 2025 were Android PoS terminals from vendors such as Centerm, Sunmi, Pax Technology, Newland Payment Technology, Landi, Tianyu, Castles Technology, Smartpeak, SZZT Electronics, Ingenico and Verifone.”

The mPoS terminal market is growing at about the same rate as the traditional PoS terminal segment. MPoS is the use of consumer-oriented mobile devices such as tablets and smartphones that function as a point-of-sale terminal to facilitate payment card transactions through a connection to a card-accepting reader.

The global installed base of mPoS terminals totalled an estimated 84.9m units in 2025. The installed base of NFC-ready mPoS terminals grew to 68.8m units during the same year as NFC penetration reached 81 per cent worldwide.

Berg projects that the installed base of NFC-ready mPoS terminals will grow at a CAGR of 8.9 per cent between 2025 and 2029 to reach 96.7m units worldwide. This corresponds to a penetration rate of 93 per cent in 2029.

“Today, the mPoS device segment has also started to face competition from softPoS, which allows businesses to accept payments via standard iOS or Android devices,” said Fagerberg. “The number of smartphones running softPoS is still less than 15m.”

Download report brochure at media.berginsight.com/2026/04/29143011/bi-pos9-ps.pdf.