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Source: Insider Intelligence | eMarketer, December 2022 - October 2023
Note: the number of electronic devices used to process payments/transactions at a physical location. A POS (point of sale) terminal generally includes the following: countertop, multilane, self checkout, tablet, and handheld terminals with integrated chip and/or magnetic stripe card readers, as well as approved chip, signature & pin devices, Contactless card readers (NFC, ETC.), mPOS devices, gas station terminals, vending machines, and kiosks
Additional Note: Not Included are smartphones used as POS terminals and other devices that allow you to make purchases remotely such as speakers and video game consoles.
Methodology: Estimates are based on the analysis of data from respective POS terminal manufacturers, estimates from other research firms, historical trends, GDP trends, technology expense trends, and macro-level economic conditions.
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