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Fuel Convenience Store POS Market

ID: MRFR/ICT/8896-CR
121 Pages
Shubham Munde
December 2021

Fuel and Convenience Store PoS Market Research Report Information By Component (Solutions and Services), By Application (Operations Management, Cash Management, Inventory Management, Reporting & Analytics, and Others), By End-Use (Fuel Station and Convenience Stores), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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Fuel Convenience Store POS Market Summary

As per MRFR analysis, the Fuel Convenience Store POS Market Size was estimated at 1106.61 USD Million in 2024. The Fuel Convenience Store POS industry is projected to grow from 1342.34 in 2025 to 9258.58 by 2035, exhibiting a compound annual growth rate (CAGR) of 21.3 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Fuel Convenience Store POS Market is experiencing dynamic growth driven by technological advancements and evolving consumer preferences.

  • The integration of mobile payment solutions is becoming increasingly prevalent in North America, enhancing transaction efficiency.
  • Customer engagement strategies are gaining traction in convenience stores, particularly in the Asia-Pacific region, to foster loyalty.
  • Sustainability initiatives are influencing POS systems, as businesses seek to align with eco-conscious consumer values.
  • Technological advancements in payment systems and the rising demand for enhanced customer experience are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 1106.61 (USD Million)
2035 Market Size 9258.58 (USD Million)
CAGR (2025 - 2035) 21.3%

Major Players

Verifone (US), NCR Corporation (US), Gilbarco Veeder-Root (US), PAX Technology (CN), Square (US), Clover (US), Ingenico (FR), PayPal (US), FIS (US)

Fuel Convenience Store POS Market Trends

The Fuel Convenience Store POS Market is currently experiencing a transformative phase, driven by advancements in technology and changing consumer preferences. The integration of mobile payment solutions and contactless transactions appears to be reshaping the landscape, as customers increasingly seek convenience and speed in their purchasing experiences. Additionally, the rise of digital loyalty programs and personalized marketing strategies suggests a shift towards enhancing customer engagement and retention. Retailers are likely to invest in sophisticated POS systems that not only streamline operations but also provide valuable insights into consumer behavior. Moreover, the growing emphasis on sustainability and eco-friendly practices may influence the Fuel Convenience Store POS Market. As consumers become more environmentally conscious, retailers might explore solutions that reduce waste and promote energy efficiency. This trend could lead to the adoption of greener technologies within POS systems, aligning with broader societal goals. Overall, the Fuel Convenience Store POS Market seems poised for growth, with innovations that cater to both operational efficiency and customer satisfaction.

Integration of Mobile Payment Solutions

The Fuel Convenience Store POS Market is witnessing a notable shift towards mobile payment options. This trend reflects a growing consumer preference for quick and seamless transactions, allowing customers to complete purchases using their smartphones. Retailers are likely to adopt advanced POS systems that support various mobile payment platforms, enhancing the overall shopping experience.

Emphasis on Customer Engagement

There is a discernible focus on customer engagement within the Fuel Convenience Store POS Market. Retailers are increasingly implementing digital loyalty programs and personalized marketing strategies to foster stronger connections with their clientele. This trend indicates a move towards understanding consumer preferences and tailoring offerings accordingly.

Sustainability Initiatives

Sustainability is becoming a pivotal consideration in the Fuel Convenience Store POS Market. As environmental awareness rises, retailers may seek POS solutions that promote eco-friendly practices. This could involve the adoption of energy-efficient technologies and waste-reducing strategies, aligning business operations with consumer values.

Fuel Convenience Store POS Market Drivers

Market Growth Projections

The Global Fuel and Convenience Store PoS Market Industry is projected to experience substantial growth over the next decade. With a market valuation of 1.11 USD Billion in 2024, it is anticipated to reach 9.26 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 21.28% from 2025 to 2035, indicating a robust demand for advanced PoS solutions. The increasing adoption of technology, coupled with changing consumer preferences, is likely to drive this expansion, positioning the market for significant advancements in the coming years.

Technological Advancements

The Global Fuel and Convenience Store PoS Market Industry is experiencing rapid technological advancements that enhance operational efficiency and customer experience. Innovations such as mobile payment systems, contactless transactions, and integrated inventory management systems are becoming increasingly prevalent. These technologies not only streamline transactions but also provide valuable data analytics for better decision-making. For instance, the adoption of advanced PoS systems is projected to contribute significantly to the market's growth, with a valuation of 1.11 USD Billion in 2024. As retailers embrace these technologies, they can expect improved customer satisfaction and loyalty, further driving market expansion.

Rising Demand for Convenience

Consumer preferences are shifting towards convenience, significantly impacting the Global Fuel and Convenience Store PoS Market Industry. As lifestyles become busier, customers increasingly seek quick and efficient shopping experiences. This trend is reflected in the growing number of convenience stores and fuel stations that offer a wide range of products and services under one roof. The market is expected to grow substantially, with projections indicating a rise to 9.26 USD Billion by 2035. This increasing demand for convenience drives retailers to invest in advanced PoS systems that facilitate faster transactions and enhance customer engagement.

Integration of Loyalty Programs

The integration of loyalty programs within the Global Fuel and Convenience Store PoS Market Industry is becoming a crucial driver of customer retention and sales growth. Retailers are leveraging PoS systems to implement personalized loyalty initiatives that reward frequent customers with discounts and promotions. This strategy not only encourages repeat business but also provides valuable insights into consumer behavior. As a result, the market is likely to witness a compound annual growth rate of 21.28% from 2025 to 2035. By fostering customer loyalty through innovative PoS solutions, retailers can enhance their competitive edge in a crowded marketplace.

E-commerce and Omnichannel Strategies

The rise of e-commerce and omnichannel retailing is reshaping the Global Fuel and Convenience Store PoS Market Industry. Retailers are increasingly adopting integrated PoS systems that facilitate seamless transactions across various channels, including online and in-store purchases. This approach allows businesses to meet the evolving expectations of consumers who seek flexibility and convenience in their shopping experiences. As the market adapts to these changes, it is anticipated that the integration of e-commerce capabilities will drive significant growth, contributing to the overall market expansion and enhancing customer satisfaction.

Regulatory Compliance and Safety Standards

Regulatory compliance and safety standards play a pivotal role in shaping the Global Fuel and Convenience Store PoS Market Industry. As governments worldwide implement stricter regulations regarding payment security and data protection, retailers are compelled to upgrade their PoS systems to ensure compliance. This necessity not only protects consumer data but also fosters trust and credibility in the marketplace. Consequently, the demand for compliant PoS solutions is expected to rise, driving market growth as retailers invest in technologies that meet these evolving regulatory requirements.

Market Segment Insights

By Application: Payment Processing (Largest) vs. Inventory Management (Fastest-Growing)

The Fuel Convenience Store POS market reveals a distinct distribution of shares among various applications, primarily dominated by Payment Processing. This segment captures significant attention due to the need for seamless transactions in busy convenience store environments. Following closely is Inventory Management, which has witnessed rapid adoption as retailers strive for greater efficiency and accuracy in stock management.

Payment Processing: Dominant vs. Inventory Management: Emerging

Payment Processing serves as the cornerstone of the Fuel Convenience Store POS Market, facilitating swift and secure transactions that enhance customer experience. It accounts for the largest share of application functionalities, driven by consumer demand for convenience and technology adoption. Conversely, Inventory Management is rapidly emerging, fueled by the necessity for real-time stock tracking and cost control. Retailers are leveraging sophisticated software solutions for inventory analytics, positioning this segment for sustained growth. Together, they represent dynamic facets of a modernized operational approach.

By End Use: Fuel Stations (Largest) vs. Convenience Stores (Fastest-Growing)

Within the Fuel Convenience Store POS market, the market share is predominantly held by Fuel Stations, which represent the largest segment due to their essential role in providing fuel and services to drivers. Convenience Stores follow closely, benefiting from their strategic integration with fuel services, driving a significant portion of transactions through robust consumer demand. Supermarkets and Automated Fuel Dispensers comprise smaller shares, but their roles in convenience product offerings and automated services are growing.

Fuel Stations (Dominant) vs. Convenience Stores (Emerging)

Fuel Stations stand as the dominant player in the Fuel Convenience Store POS market, capitalizing on the consistent demand for fuel and ancillary services like convenience retail. Their established infrastructure supports higher transaction volumes, contributing to their significant market share. In contrast, Convenience Stores are emerging as an influential segment, appealing to consumers seeking quick-service options alongside fuel. The integration of advanced POS technologies enhances efficiency, promoting increased sales in convenience product offerings and making Convenience Stores a key area of growth within the market.

By Deployment Type: On-Premise (Largest) vs. Cloud-Based (Fastest-Growing)

In the Fuel Convenience Store POS market, the deployment type segment is crucial in understanding the technological landscape of retail fuel operations. Currently, the On-Premise model holds a significant share, favored by numerous convenience store operators who prioritize control over their systems and data security. On the other hand, Cloud-Based solutions are increasingly gaining traction, especially among emerging players and modern franchises, enabling greater operational flexibility and remote access.

On-Premise (Dominant) vs. Cloud-Based (Emerging)

The On-Premise deployment solution has established itself as the dominant choice within the Fuel Convenience Store POS market. This model provides operators with complete control and customization, allowing them to tailor the system to their specific operational needs. However, the Cloud-Based segment is emerging rapidly, driven by the demand for scalable and cost-efficient solutions. Retailers are drawn to its ability to provide real-time data analytics, centralized management, and seamless updates, making it particularly appealing for new entrants into the market.

By User Type: Large Enterprises (Largest) vs. Small Enterprises (Fastest-Growing)

In the Fuel Convenience Store POS Market, the user type segment shows a distinct distribution among enterprises of different sizes. Large enterprises hold a substantial portion of the market share, benefiting from economies of scale and extensive resource capabilities. They leverage advanced technology and extensive networks to dominate market presence, providing comprehensive solutions to fuel convenience stores. In contrast, small enterprises have rapidly emerged in the market, marking their significant footprint and improving overall market dynamics. Their agility and localized service offer a competitive edge, appealing to niche markets and enhancing customer satisfaction.

Large Enterprises: Established (Dominant) vs. Small Enterprises: Agile (Emerging)

Large enterprises in the Fuel Convenience Store POS Market are characterized by their extensive operational capacities, robust technology adoption, and significant customer bases. They typically invest in high-end systems that integrate various functions such as inventory control and sales analytics, making operations more efficient. Conversely, small enterprises focus on flexibility and personalized customer service, positioning themselves as agile players ready to adapt to changing market demands. With lower overheads and a focused approach, small enterprises are quickly carving out niches within the market, providing tailored solutions that resonate well with local customers.

By Technology: Mobile Point of Sale (Largest) vs. Self-Service Kiosks (Fastest-Growing)

In the Fuel Convenience Store POS Market, the market share distribution highlights the dominance of Mobile Point of Sale (mPOS) solutions, which have established themselves as the largest segment. This can be attributed to their versatility and the ability to enhance the customer experience by allowing transactions to take place anywhere in the store. Self-Service Kiosks, while not as large in market share currently, are rapidly gaining traction and represent the fastest-growing segment as consumers increasingly seek convenience and efficiency in their shopping experience.

Technology: Mobile Point of Sale (Dominant) vs. Self-Service Kiosks (Emerging)

Mobile Point of Sale solutions stand out as the dominant technology in the Fuel Convenience Store POS market, offering convenience and flexibility. mPOS systems enable staff to process transactions anywhere within the store, which enhances customer engagement and reduces wait times. In contrast, Self-Service Kiosks are emerging as a vital solution, capturing the attention of tech-savvy consumers who favor quick and independent transaction methods. As stores increasingly implement these kiosks, they leverage the growing consumer preference for self-checkout options, thus accommodating busy lifestyles while also driving operational efficiency.

Get more detailed insights about Fuel Convenience Store POS Market

Regional Insights

North America : Market Leader in POS Solutions

North America continues to lead the Fuel Convenience Store POS market, holding a significant share of 600.0M in 2025. The growth is driven by increasing fuel consumption, technological advancements, and a shift towards digital payment solutions. Regulatory support for contactless payments and enhanced security measures further catalyze market expansion. The region's robust infrastructure and high consumer demand for convenience services are pivotal in maintaining its market leadership. The competitive landscape in North America is characterized by major players such as Verifone, NCR Corporation, and Gilbarco Veeder-Root, which dominate the market with innovative solutions. The U.S. remains the largest contributor, with a strong focus on integrating advanced technologies like AI and IoT in POS systems. This competitive environment fosters continuous improvement and adaptation to consumer needs, ensuring sustained growth in the sector.

Europe : Emerging Market with Growth Potential

Europe's Fuel Convenience Store POS market is valued at 300.0M in 2025, driven by increasing consumer preference for cashless transactions and the adoption of advanced payment technologies. Regulatory frameworks promoting digital payments and enhancing cybersecurity are significant growth catalysts. The region's commitment to sustainability and energy efficiency also influences market dynamics, as consumers seek eco-friendly options in fuel retailing. Leading countries like Germany, France, and the UK are at the forefront of this market, with a competitive landscape featuring key players such as Ingenico and PAX Technology. The presence of established companies alongside emerging startups fosters innovation and enhances service offerings. As the market evolves, collaboration between technology providers and fuel retailers will be crucial for meeting changing consumer demands and regulatory requirements.

Asia-Pacific : Rapidly Growing Market Segment

The Asia-Pacific region, with a market size of 150.0M in 2025, is witnessing rapid growth in the Fuel Convenience Store POS sector. This growth is fueled by increasing urbanization, rising disposable incomes, and a growing preference for digital payment methods. Governments in the region are also promoting cashless transactions, which is further driving demand for advanced POS systems. The shift towards convenience retailing is reshaping consumer behavior, leading to increased investments in technology. Countries like China, Japan, and Australia are leading the charge, with a competitive landscape that includes both local and international players. Companies such as Square and Clover are making significant inroads, offering innovative solutions tailored to the unique needs of the region. The presence of a diverse range of payment options and a focus on customer experience are key factors contributing to the market's expansion in this dynamic region.

Middle East and Africa : Emerging Market with Unique Challenges

The Middle East and Africa (MEA) region, valued at 56.61M in 2025, is gradually emerging in the Fuel Convenience Store POS market. The growth is driven by increasing fuel consumption and a shift towards digital payment solutions, although challenges such as regulatory hurdles and varying consumer preferences persist. Governments are beginning to recognize the importance of modernizing payment systems, which is expected to catalyze market growth in the coming years. Countries like South Africa and the UAE are leading the market, with a competitive landscape that includes both local and international players. The presence of key players such as FIS and PayPal is enhancing the market's technological capabilities. As the region adapts to changing consumer behaviors and regulatory frameworks, the focus will be on integrating innovative solutions to meet the demands of a diverse customer base.

Key Players and Competitive Insights

The Fuel Convenience Store POS Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and evolving consumer preferences. Key players such as Verifone (US), NCR Corporation (US), and Gilbarco Veeder-Root (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Verifone (US) focuses on innovation through the development of integrated payment solutions that streamline transactions, while NCR Corporation (US) emphasizes digital transformation, enhancing customer engagement through advanced analytics and mobile payment options. Gilbarco Veeder-Root (US) appears to be concentrating on sustainability initiatives, integrating eco-friendly technologies into their POS systems, which aligns with the growing consumer demand for environmentally responsible practices. Collectively, these strategies contribute to a competitive environment that is increasingly centered around technological integration and customer-centric solutions.

In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure is moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for a diverse range of offerings, yet the collective strength of major companies like Verifone (US) and NCR Corporation (US) shapes the competitive dynamics significantly, as they leverage their resources to capture market share and drive innovation.

In November 2025, Verifone (US) announced a strategic partnership with a leading mobile wallet provider to enhance its payment processing capabilities. This collaboration is likely to expand Verifone's reach into the growing mobile payment segment, positioning the company to better serve tech-savvy consumers who prefer contactless transactions. Such a move underscores the importance of adaptability in a rapidly changing market landscape.

In October 2025, NCR Corporation (US) launched a new cloud-based POS system designed specifically for fuel retailers, which integrates advanced analytics and customer loyalty features. This initiative not only enhances operational efficiency but also allows retailers to better understand consumer behavior, thereby tailoring their offerings to meet customer needs. The strategic importance of this launch lies in its potential to drive customer retention and increase sales through personalized marketing efforts.

In September 2025, Gilbarco Veeder-Root (US) unveiled a new line of eco-friendly fuel dispensers that utilize renewable energy sources. This innovation reflects a growing trend towards sustainability in the fuel retail sector, appealing to environmentally conscious consumers. The strategic significance of this development is profound, as it positions Gilbarco as a leader in sustainable technology, potentially attracting a new customer base that prioritizes eco-friendly practices.

As of December 2025, the competitive trends in the Fuel Convenience Store POS Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing technological capabilities and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This shift suggests that companies that prioritize these areas will be better positioned to thrive in an increasingly complex market.

Key Companies in the Fuel Convenience Store POS Market market include

Industry Developments

March 2023: Dover Fueling Solutions launched DX PowerTM to incorporate EV Chargers into the Prizma Ecosystem.

October 2022: Posiflex exhibited best-in-class POS hardware and self-service technologies at GITEX 2022, enabling a smarter world of transactions.

Future Outlook

Fuel Convenience Store POS Market Future Outlook

The Fuel Convenience Store POS Market is projected to grow at a 21.3% CAGR from 2024 to 2035, driven by technological advancements, increased consumer demand, and enhanced operational efficiencies.

New opportunities lie in:

  • Integration of mobile payment solutions for enhanced customer convenience.
  • Development of AI-driven inventory management systems to optimize stock levels.
  • Implementation of loyalty programs leveraging data analytics to boost customer retention.

By 2035, the market is expected to be robust, reflecting substantial growth and innovation.

Market Segmentation

Fuel Convenience Store POS Market End Use Outlook

  • Fuel Stations
  • Convenience Stores
  • Supermarkets
  • Automated Fuel Dispensers

Fuel Convenience Store POS Market User Type Outlook

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

Fuel Convenience Store POS Market Technology Outlook

  • Mobile Point of Sale
  • Self-Service Kiosks
  • Integrated Payment Solutions

Fuel Convenience Store POS Market Application Outlook

  • Payment Processing
  • Inventory Management
  • Customer Relationship Management
  • Sales Reporting

Fuel Convenience Store POS Market Deployment Type Outlook

  • On-Premise
  • Cloud-Based
  • Hybrid

Report Scope

MARKET SIZE 20241106.61(USD Million)
MARKET SIZE 20251342.34(USD Million)
MARKET SIZE 20359258.58(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)21.3% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledVerifone (US), NCR Corporation (US), Gilbarco Veeder-Root (US), PAX Technology (CN), Square (US), Clover (US), Ingenico (FR), PayPal (US), FIS (US)
Segments CoveredApplication, End Use, Deployment Type, User Type, Technology
Key Market OpportunitiesIntegration of advanced analytics and mobile payment solutions in the Fuel Convenience Store POS Market.
Key Market DynamicsTechnological advancements and evolving consumer preferences drive innovation in Fuel Convenience Store Point of Sale systems.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Shubham Munde
Research Analyst Level II

With a technical background in information technology & semiconductors, Shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the ICT/Semiconductor domain. Shubham holds a Bachelor’s in Information and Technology and a Master of Business Administration (MBA). Shubham has executed over 150 research projects for our clients under the brand name Market Research Future in the last 2 years. His core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. He is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. He has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. He has worked on the projects of top tech brands such as IBM, Google, Microsoft, AWS, Meta, Oracle, Cisco Systems, Samsung, Accenture, VMware, Schneider Electric, Dell, HP, Ericsson, and so many others. He has worked on Metaverse, Web 3.0, Zero-Trust security, cyber-security, blockchain, quantum computing, robotics, 5G technology, High-Performance computing, data centers, AI, automation, IT equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.

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FAQs

How much is the Fuel and Convenience Store PoS market?

The Fuel and Convenience Store PoS market size was valued at USD 1.10 Billion in 2024.

What is the growth rate of the Fuel and Convenience Store PoS market?

The market is projected to grow at a CAGR of 21.30% during the forecast period, 2025-2034.

Which region held the largest Fuel and Convenience Store PoS market share?

North America had the largest share of the market.

Who are the key players in the Fuel and Convenience Store PoS market?

The key players in the market are Fujitsu Ltd. (Japan), VeriFone Inc. (US), Diebold Nixdorf Incorporated (US), NCR Corporation (US), and LS Retail (Iceland).

Which component led the Fuel and Convenience Store PoS market?

The services category dominated the market in 2023.

Which application had the largest Fuel and Convenience Store PoS market share?

The operations management had the largest share in the market.

Which end-use had the largest Fuel and Convenience Store PoS market share?

The fuel station had the largest share of the market.

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