| Product Code: ETC5132340 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium`s point of sale terminals import market saw a shift in top exporting countries in 2024, with Indonesia, UAE, Germany, Netherlands, and China leading the pack. Despite a high concentration in 2023, the Herfindahl-Hirschman Index (HHI) remained at a high level in 2024. The market experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -13.49% from 2020 to 2024, and a sharp growth rate decrease of -45.37% from 2023 to 2024. This suggests a challenging environment for the import sector in Belgium`s point of sale terminals market.

The point of sale (POS) terminals market in Belgium is driven by the increasing adoption of digital payment solutions in retail and hospitality sectors. POS terminals facilitate secure and efficient transactions. Belgiums strong retail sector and focus on technological innovation support the growth of this market.
The point of sale (POS) terminals market in Belgium is driven by the demand for electronic systems used to process transactions in retail and hospitality environments. POS terminals facilitate payment processing, inventory management, and customer interaction. Belgium`s focus on retail technology and digital payments supports market growth. The increasing adoption of advanced POS systems fuels market development.
The point of sale (POS) terminals market in Belgium is hindered by the rapid pace of technological advancements, requiring constant updates and replacements of hardware and software. Ensuring the security of transactions and data privacy is a major concern, given the increasing incidences of cyber threats. Additionally, integrating POS systems with various payment methods and maintaining compatibility with legacy systems are significant challenges.
Government policies promoting digital payments and financial technology advancements impact the Point of Sale (POS) Terminals market in Belgium. Regulations supporting secure and efficient payment systems drive demand for advanced POS terminals. Additionally, policies on data security and transaction standards influence market trends.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Point Of Sale Terminals Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Point Of Sale Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Point Of Sale Terminals Market - Industry Life Cycle |
3.4 Belgium Point Of Sale Terminals Market - Porter's Five Forces |
3.5 Belgium Point Of Sale Terminals Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Belgium Point Of Sale Terminals Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Belgium Point Of Sale Terminals Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Belgium Point Of Sale Terminals Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Belgium Point Of Sale Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Belgium |
4.2.2 Growth in the retail sector leading to higher demand for point of sale terminals |
4.2.3 Technological advancements in point of sale terminal systems |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing point of sale terminals |
4.3.2 Security concerns related to data breaches and cyber threats |
4.3.3 Limited awareness and understanding of the benefits of point of sale terminals among small businesses in Belgium |
5 Belgium Point Of Sale Terminals Market Trends |
6 Belgium Point Of Sale Terminals Market Segmentations |
6.1 Belgium Point Of Sale Terminals Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belgium Point Of Sale Terminals Market Revenues & Volume, By Fixed, 2021-2031F |
6.1.3 Belgium Point Of Sale Terminals Market Revenues & Volume, By Mobile, 2021-2031F |
6.2 Belgium Point Of Sale Terminals Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Belgium Point Of Sale Terminals Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.3 Belgium Point Of Sale Terminals Market Revenues & Volume, By Software, 2021-2031F |
6.2.4 Belgium Point Of Sale Terminals Market Revenues & Volume, By Services , 2021-2031F |
6.3 Belgium Point Of Sale Terminals Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 Belgium Point Of Sale Terminals Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 Belgium Point Of Sale Terminals Market Revenues & Volume, By On-premise , 2021-2031F |
6.4 Belgium Point Of Sale Terminals Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Belgium Point Of Sale Terminals Market Revenues & Volume, By Restaurants, 2021-2031F |
6.4.3 Belgium Point Of Sale Terminals Market Revenues & Volume, By Retail, 2021-2031F |
6.4.4 Belgium Point Of Sale Terminals Market Revenues & Volume, By Hospitality, 2021-2031F |
6.4.5 Belgium Point Of Sale Terminals Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Belgium Point Of Sale Terminals Market Revenues & Volume, By Warehouse, 2021-2031F |
6.4.7 Belgium Point Of Sale Terminals Market Revenues & Volume, By Entertainment, 2021-2031F |
7 Belgium Point Of Sale Terminals Market Import-Export Trade Statistics |
7.1 Belgium Point Of Sale Terminals Market Export to Major Countries |
7.2 Belgium Point Of Sale Terminals Market Imports from Major Countries |
8 Belgium Point Of Sale Terminals Market Key Performance Indicators |
8.1 Average transaction value processed through point of sale terminals |
8.2 Percentage of businesses in Belgium using contactless payment methods |
8.3 Rate of adoption of cloud-based point of sale terminal solutions |
8.4 Average time taken for businesses to recoup their initial investment in point of sale terminals |
8.5 Customer satisfaction scores related to the efficiency and reliability of point of sale terminals |
9 Belgium Point Of Sale Terminals Market - Opportunity Assessment |
9.1 Belgium Point Of Sale Terminals Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Belgium Point Of Sale Terminals Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Belgium Point Of Sale Terminals Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.4 Belgium Point Of Sale Terminals Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Belgium Point Of Sale Terminals Market - Competitive Landscape |
10.1 Belgium Point Of Sale Terminals Market Revenue Share, By Companies, 2024 |
10.2 Belgium Point Of Sale Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |