Fuel & Convenience Store POS Market Size & Share, by Component (Solutions: Fixed POS, Cloud POS, Mobile POS; Services: Managed Services, Professional Services); Application; End use - SWOT Analysis, Competitive Strategic Insights, Regional Trends 2025-2037

Request Free Sample Copy

Report ID: 3669
Published Date: May 14, 2025
Report Format: PDF, PPT

Global and United States Fuel & Convenience Store POS Market TOC

Market Definition
1. Definition
2. Segmentation
Assumptions and Acronyms
Research Methodology
1. Research Process
2. Primary Research
3. Secondary Research
4. Market Size Estimation
Executive Summary – Global Fuel and Convenience Store POS Market
Market Dynamics
1. Market Drivers
2. Market Trends
Key Market Opportunities
Major Roadblocks for the Market Growth
Regulatory and Standards Landscape
Industry Risk Analysis
Industry Growth Outlook
Feature Analysis
Competitive Positioning
Cloud Based (SaaS) vs Traditional (Non-SaaS) Cost Analysis – 2020
Competitive Landscape
1. Market Share Analysis, 2020
  1. Global Market Share Analysis
  2. United States Market Share Analysis
2. Competitive Benchmarking
3. Company Profiles
  1. Square, Inc.
  2. Fujitsu Limited
  3. Bridge SMS Retail Solutions (AM/PM Systems Inc.)
  4. Clover Network, Inc.
  5. NCR Corporation
  6. VeriFone, Inc.
  7. Gilbarco Inc.
  8. Oracle (MICROS)
  9. H&L POS
  10. Petrosoft LLC
  11. Shift4 Payments, LLC
Global Fuel and Convenience Store POS Market 2020-2026
1. Market Overview
2. By Value (USD Million)
3. By Volume (Thousand Units)
Global Fuel and Convenience Store POS Market – Segmentation Analysis 2020-2026
1. Product
  1. Fixed POS, 2020-2026F (USD Million) (Thousand Units)
  2. Mobile POS, 2020-2026F (USD Million) (Thousand Units)
  3. Cloud POS, 2020-2026F (USD Million) (Thousand Units)
2. Deployment
  1. Traditional (Non-SaaS), 2020-2026F (USD Million) (Thousand Units)
  2. Cloud-Based (SaaS), 2020-2026F (USD Million) (Thousand Units)
3. Component
  1. Hardware, 2020-2026F (USD Million) (Thousand Units)
  2. Software, 2020-2026F (USD Million) (Thousand Units)
  3. Services, 2020-2026F (USD Million) (Thousand Units)
    1. Managed Services, 2020-2026F (USD Million) (Thousand Units)
    2. Professional Services, 2020-2026F (USD Million) (Thousand Units)
4. Application
  1. Inventory Management, 2020-2026F (USD Million) (Thousand Units)
  2. Cash Management, 2020-2026F (USD Million) (Thousand Units)
  3. Operations Management, 2020-2026F (USD Million) (Thousand Units)
  4. Reporting and Analytics, 2020-2026F (USD Million) (Thousand Units)
  5. Others, 2020-2026F (USD Million) (Thousand Units)
5. End-Use
  1. Fuel Stations, 2020-2026F (USD Million) (Thousand Units)
  2. Convenience Stores, 2020-2026F (USD Million) (Thousand Units)
United States Fuel and Convenience Store POS Market – Segmentation Analysis 2020-2026
1. Market Overview
2. By Value (USD Million)
3. By Volume (Thousand Units)
4. Segmentation Analysis By:
  1. Product
    1. Fixed POS, 2020-2026F (USD Million) (Thousand Units)
    2. Mobile POS, 2020-2026F (USD Million) (Thousand Units)
    3. Cloud POS, 2020-2026F (USD Million) (Thousand Units)
  2. Deployment
    1. Traditional (Non-SaaS), 2020-2026F (USD Million) (Thousand Units)
    2. Cloud-Based (SaaS), 2020-2026F (USD Million) (Thousand Units)
  3. Component
    1. Hardware, 2020-2026F (USD Million) (Thousand Units)
    2. Software, 2020-2026F (USD Million) (Thousand Units)
    3. Services, 2020-2026F (USD Million) (Thousand Units)
      1. Managed Services, 2020-2026F (USD Million) (Thousand Units)
      2. Professional Services, 2020-2026F (USD Million) (Thousand Units)
  4. Application
    1. Inventory Management, 2020-2026F (USD Million) (Thousand Units)
    2. Cash Management, 2020-2026F (USD Million) (Thousand Units)
    3. Operations Management, 2020-2026F (USD Million) (Thousand Units)
    4. Reporting and Analytics, 2020-2026F (USD Million) (Thousand Units)
    5. Others, 2020-2026F (USD Million) (Thousand Units)
  5. End-Use
    1. Fuel Stations, 2020-2026F (USD Million) (Thousand Units)
    2. Convenience Stores, 2020-2026F (USD Million) (Thousand Units)

Global Fuel & Convenience Store POS Market Size, Forecast and Trend Highlights Over 2025-2037

Fuel & Convenience Store POS Market size was USD 5 billion in 2024 and is projected to reach USD 13 billion by the end of 2037, expanding at a CAGR of 8% during the forecast period, i.e., 2025-2037. In 2025, the industry size of fuel & convenience store POSs is estimated at USD 6 billion.

The supply chain of the fuel and convenience store industry is varied, highlighting activities including refining and drilling, downstream retail operations, and midstream logistics, including pipelines and storage. Currently, there is prominent involvement of major companies such as Exxon and Chevron as they operate fuel networks that have complex supply chains to deliver the fuel product from extraction to the final consumer.

This fuel & convenience store POS market is highly fragmented in the U.S., where most of the convenience and fuel retailing businesses are individually owned. More specifically, 61% of stores are single-unit stores, which means that 76% of the stores are owned by business entities operating ten or fewer outlets. Altogether, over 2.5 million workers operated in the industry, and the combined sales were around $907 billion in 2022 and around 166 million daily transactions. Below is the table highlighting the pricing indices and trade of the fuel & convenience store POS market:

Category	Key Data
PPI	Use IT/retail system PPI; BLS sources
CPI	West CPI-U +2.3% YoY; Energy −4.4% (Mar 2025)
Tech Investments	POS spend up; lower compute cost boosts analytics & integration
Trade & Assembly	Global sourcing; system integration store-specific

Fuel & Convenience Store POS Market Size

Get more information on this report: Request Free Sample PDF

Fuel & Convenience Store POS Market: Growth Drivers and Challenges

Growth Drivers

Shift towards cloud-based POS solutions: Cloud-based POS systems are becoming more prevalent across the globe due to their scalability, low costs, and remote accessibility. In the U.S., the Federal Communications Commission’s Broadband Equity, Access, and Deployment (BEAD) Program, with $43 billion in funding, ensured a broad adoption and connectivity of cloud infrastructure in the retail sector. The National Telecommunications and Information Administration’s report shows that more than 2.5 million establishments had adopted cloud POS platforms by 2023. Such systems cut down the utilization of hardware assets, are capable of real-time analysis, and also support multi-site operation effectively. Such developments are accelerating the fuel & convenience store POS market growth.
Expansion of contactless and mobile payment options: The behavioral transitions of the users are driving contactless, as well as mobility in payment mechanisms, as part of the competencies of the modern POS solutions. The Federal Reserve released its Payment Study 2023, stating that about 78% of the card-present transactions made in the U.S. were contactless and digital wallet. According to the Infocomm Media Development Authority (IMDA) in Singapore, mobile wallet use increased by 65% from 2020 to 2023, mostly for easy and fast-moving consumer goods purchases. Currently, the POS terminals can connect with the cloud and can have NFC options, QR code scanning, and biometric authentication. Consequently, with millions of consumers adopting digital payment, the retailers are shifting gears and optimizing their channels.

Major Technological Innovations in the Fuel & Convenience Store POS Market

The fuel & convenience store POS market is experiencing a shifting trend across the globe, due to technological innovations. The surge in technologies such as AI, cloud, and contactless payments is reorganizing the customer experiences and efficiency in operations. The integration of AI allows for real-time inventory tracking and interaction with clients, while cloud POS offers centralized control across various locations at a time. The table below highlights the technologies, their adoption by industry, and real-world examples:

Trend	Industry Adoption	Example
AI-Powered POS Systems	Wesco reduced transaction times to 18.8 seconds	Mashgin AI kiosks improved checkout speed
Cloud-Based POS Solutions	53% of firms use cloud POS for real-time access	Enhanced control and efficiency via centralized systems
Contactless Payment Adoption	61% of POS platforms support contactless features	Retailers use NFC/QR for faster payments
Mobile POS (mPOS) Deployment	Broad shift to mobile POS for transaction flexibility	Businesses improve service via mobile-enabled systems

Sustainability Initiatives in the Fuel & Convenience Store POS Market

The fuel & convenience store POS industry is focusing more on the positive impact within POS companies for carbon reduction and energy efficiency. Companies are significantly leveraging renewable energy, including the installation of solar panels and investments in community solar gardens. The table below indicates companies, their sustainability initiatives, goals, and business impact:

Company	Sustainability Initiatives
Casey's General Stores	1,409 solar panels generating ~1,701 kWh/day; solar offsets at 46 stores (26–100%); 90% renewable fuel sales; 171 EV stations in 38 locations
7-Eleven	27% electricity from renewables (U.S./Canada, FY2022); implemented LED lighting, energy management systems
President Chain Store Corporation (PCSC)	0.9% EUI reduction (2023); 116.7M kWh saved; 52,883 metric tonnes CO₂e reduced

Impact of AI and ML on Key Players in the Fuel & Convenience Store POS Market

AI/ML is now transforming the fuel & convenience store point-of-sale industry, in terms of improving the products’ development and reducing work trouble. It is evident that these technologies are being used to speed up product design and development, and also to drive down the cost of the products. For instance, it reduces time-to-market by using AI in generating simulations, such as developing prototypes. The table below outlines the implementation of AI and ML in fuel and convenience store POS:

Company	AI & ML Integration	Outcome
Wesco	AI-powered Mashgin self-checkout kiosks	Transaction time ↓ to 19 sec
Unnamed Retail Chain (Allkenso)	AI for forecasting, inventory, logistics	Supply costs ↓36%, forecast accuracy ↑91%, logistics ↓29%
Polish Store Chain (DLabs.AI)	ML for sales forecasting (8,110 stores)	Food waste ↓, revenue ↑
Walmart	AI in routing and inventory	95M lbs CO₂ avoided, 32M miles eliminated
Cisco Systems	AI inventory management	Inventory costs ↓33%, supply efficiency ↑27%

Challenge

Infrastructure readiness in emerging markets: Poor infrastructure is a major challenge for the growth of POS systems in various emerging fuel & convenience store POS markets. Disrupted internet connection, inconsistent power supply, and skilled IT human capital are some of the factors that have slowed the uptake of new retail technologies. Hence, many retail stores in rural and semi-urban areas still use or have outdated and or manual systems in place. This brings a digital divide in the implementation of POS’s and limits the growth of better inventory management and payment methods. The lack of structural development also hinders regional companies in the process of upgrading their operation, and the overall fuel & convenience store POS market development and technology advancement of the fuel and convenience retail domain.
Complexity of software compatibility: The POS software continues to face compatibility issues with the numerous payment gateways, types and kinds of hardware, and rules or regulations existing in the fuel & convenience store POS market. Thus, IT solutions integrate legacy approaches and mechanisms with innovative tendencies such as contactless payments and cloud services. This brings in the problem of having to update frequently due to data protection laws and other payment industry regulations. These requirements cause slow rollouts and increased risks of technical challenges likely to be encountered during the deployment of the products. These compatibility issues result in disruption of services, a decrease in the efficiency of the systems used, and increased costs of doing business, which in turn hamper the integration and implementation of POS technologies.

Fuel & Convenience Store POS Market: Key Insights

Report Attribute	Details
Base Year	2024
Forecast Year	2025-2037
CAGR	8%
Base Year Market Size (2024)	USD 5 billion
Forecast Year Market Size (2037)	USD 13 billion
Regional Scope	North America (U.S. and Canada) Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)

Get more information on this report: Request Free Sample PDF

Fuel & Convenience Store POS Segmentation

Application (Operations Management, Cash Management, Inventory Management, Reporting & Analytics)

The inventory management segment is expected to account for the largest revenue share of 32% in the fuel & convenience store POS market between 2025 and 2037. This growth is driven by the use of AI, cloud, computing, and IoT for sensors that offer real-time stock visibility, cut down the wastage, and auto-reorder. According to the National Telecommunications and Information Administration (NTIA) in the United States, over 2.2 million businesses have received federal ICT funding by 2023, which is propelling the demand for POS based inventory digitization. Likewise, the Indian Ministry of Electronics and IT (MeitY) estimated an increased use of AI for inventory management systems in the next three years by 41% from 2020 to 2023. They are crucial for fuel and retail operatives for managing working capital optimally, as well as reducing the shrinkage of fast-moving consumer goods.

End use (Fuel Stations, Convenience Stores)

The convenience stores segment in fuel & convenience store POS market are likely to hold the largest share of 54% by 2037, due to the large number of fast and effective facilities, a broad selection of offered products, and customer expectations for efficient service. The Ministry of Economy, Trade and Industry in Japan reported that gross sales through convenience stores amounted to USD 76.2 billion in March 2024, with the advanced POS digitalization in the country. The Malaysia Digital Economy Corporation further revealed that the country experienced a doubling of expansion in digital POS in the urban convenience formats between 2018 and 2023. Such developments are all set to increase the speed of the checkout process, synchronization of inventory data, and cross-selling and fulfilment, resulting in a comprehensive ecosystem for retailers.

Our in-depth analysis of the fuel & convenience store POS market includes the following segments:

Segment	Subsegment
Component	Solutions Fixed POS Cloud POS Mobile POS Services Managed Services Professional Services
Application	Operations Management Cash Management Inventory Management Reporting & Analytics
End use	Fuel Stations Convenience Stores

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

North America Market Statistics

The North America fuel & convenience store POS market is expected to have the highest revenue share of 40% in 2037 as the region has strong digital networks, investments in the provision of broadband by federal governments, and fast-paced adoption of retail automation. The number of households obtaining digital services also increased by 2.7 million from 1.9 million in the previous year, owing to the increased government subsidies and policies. The government bodies in Canada, such as Innovation, Science and Economic Development Canada and the Canadian Radio-television and Telecommunications Commission, have encouraged POS implementation through the ICT innovation fund and the Universal Broadband Fund (UBF), which was granted around $3.4 billion to support high-speed accessibility across the country. Such developments are improving the mechanisms of fraud detection in fuel and convenience retailing.

The fuel & convenience stores POS market in the U.S. is growing at a fast pace through the increase in ICT investment, change in customer payment trends, and enhancement of the infrastructure. The FCC and NTIA have been very active in the push towards POS modernization by increasing internet access and digital bandwidth. The FCC’s Emergency Connectivity Fund of $7.3 billion also aided small retailers in the integration of digital investments, including mobile point of sale devices and contactless payments. To manage inventories and reduce cases of fraud, integrated POS solutions enhanced by the application of AI are being incorporated. The market is also backed by separate policies for the security of electronic transactions at the policy level, based on the NIST Cybersecurity Framework for the retail ICT systems.

APAC Market Forecasts

The Asia-Pacific fuel & convenience store POS market is expected to occupy 31% of the global market by 2037 due to government ICT infrastructure development, increasing use of technology in the retail sector, and the use of AI and IoT in payment systems. The governments are emphasizing efficient and effective financial productivity in the retail sector through investments in broadband, cloud technology, and smart retail frameworks. According to the Ministry of Electronics and Information Technology (MeitY) in India, the government expenditure on POS was $972 million in 2015, and it rose to $1.4 billion in 2023. Japan, South Korea, and Malaysia are also enhancing POS using smart city programs in conjunction with retail automation subsidies. Sales for the convenience stores in Japan reached $75.6 billion in 2024 due to the prominent use of technologies and digital payments.

The China fuel & convenience store POS market is growing at a steady pace, attributed to the governmental focus on ICT and digital commerce solutions. In 2023, the ICT investment in China accounted for around $462 billion, for smart retail and digital payment, such as POS technologies. According to the China Academy of Information and Communications Technology (CAICT), the number of POS terminals used in business establishments, especially in urban and rural retail outlets, was higher in 2023, with 1.3 million business establishments adopting POS terminals in 2023, compared to the previous five years. The Ministry also noted that 93% of point of sale or POS terminals in retail convenience stores in Tier 1 and Tier 2 cities were of digital form in 2023 due to centralized policies for cashless retail and smart city developments. Such developments are boosting the confidence of customers while expanding the market space.

Fuel & Convenience Store POS Market Share

Get more information on this report: Request Free Sample PDF

Companies Dominating the Fuel & Convenience Store POS Landscape

The global fuel & convenience store POS market is dominated by major players from countries, including Japan and the U.S. Companies are leading with advanced POS solutions and extensive global reach, and are gaining traction with Android-based POS terminals. They are expanding their presence by offering cost-effective and localized solutions, contributing to a dynamic and competitive market landscape. Here are the key players operating in the fuel & convenience store POS market:

Company Name	Country of Origin	Revenue Share 2024
NCR Corporation	U.S.	31.2%
Diebold Nixdorf Incorporated	U.S.	24.0%
Toshiba Global Commerce Solutions	Japan	19.8%
Verifone Systems, Inc.	U.S.	13.5%
Ingenico Group (Worldline)	France	9.7%
PAX Technology Limited	China	XX%
Posiflex Technology, Inc.	Taiwan	XX%
SZZT Electronics Co., Ltd.	China	XX%
EPoS Systems Pty Ltd	Australia	XX%
Posibolt Solutions Pvt. Ltd.	India	XX%
StoreHub Sdn Bhd	Malaysia	XX%
Panasonic Corporation	Japan	XX%
NEC Corporation	Japan	XX%
Fujitsu Limited	Japan	XX%
Casio Computer Co., Ltd.	Japan	XX%

Below are the areas covered for each company in the fuel & convenience store POS market:

Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis

Recent Developments

In January 2025, Verifone rolled out its Victa portfolio, with PCI 7-enabled devices and Qualcomm processors with Android 14 readiness. In addition, it introduced Verifone Tap as a SoftPOS solution that provides NFC payments from smart devices
In January 2024, Curby’s Express Market (Lubbock, Texas) implemented a tablet-based line-busting system integrated with NCR Radiant POS, allowing customers to place made-to-order food orders with the help of tablets and complete transactions at self-checkout kiosks.

Author Credits: Abhishek Verma

Report ID: 3669
Published Date: May 14, 2025
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Fuel & convenience store POS in 2025 is assessed at USD 6 billion.

The global market size was valued at more than USD 5 billion in 2024 and is expected to register a CAGR of over 8%, exceeding USD 13 billion revenue by 2037.

North America fuel & convenience store POS market is expected to have the highest revenue share of 40% in 2037.

The major players in the market include NCR Corporation, Diebold Nixdorf Incorporated, Toshiba Global Commerce Solutions, Verifone Systems, Inc., Ingenico Group (Worldline), PAX Technology Limited,Posiflex Technology, SZZT Electronics Co., Ltd., EPoS Systems Pty Ltd, Posibolt Solutions Pvt. Ltd., StoreHub Sdn Bhd, Panasonic Corporation, NEC Corporation, Fujitsu Limited, Casio Computer Co., Ltd.