Saudi Arabia POS Terminal Market (2020-2026)

Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality, Healthcare, Retail,  Government & Transportation and Others) and Competitive Landscape.

Product Code: ETC002442 Publication Date: Apr 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia POS Terminal market is anticipated to register impressive growth in the coming time zone as a result of an increase in the investment by companies for the growth of their assets and increased software applicability underpinned by the increased adoption of a cloud-based platform for the work assessment and this is expected to be a catalyst for the growth of the POS terminals in the developing industrial landscapes in the developed and developing economies across the region. Although, the Terminal Types is at low interoperability at present underpinned by the high automation cost of the equipment and issues related to the accurate protocol and interface use. But, with the increase in the deployment of the Terminal Types as a result of an increase in the unveiling of the true potential and the benefits which can be reaped by the Terminal Types deployment, the Terminal Types market is anticipated to win the bid with great market growth potential in the forthcoming years.

Saudi Arabia POS terminal market is expected to register considerable growth principally due to the increasing adoption of mobile wallets and technological advancement in the country. Based on the data provided Saudi Arabian Monetary Authority (SAMA), the number of POS transactions and POS sales have shown significant growth over the past few years. Additionally, several players are perusing partnerships and acquisitions to gain market share and enhance their customer base in Saudi Arabia. For instance, Geidea, one of the providers of payment systems has partnered with Linga in January 2020. The partnership will strengthen the payment terminal platform in Saudi Arabia and enhance the customer base. These initiatives will spur the demand for the Saudi Arabia POS terminal market over the coming years.

According to 6Wresearch, Saudi Arabia POS Terminal Market is projected to witness growth during 2020-26. Growing digitalization and rising adoption of e-payment platforms, rising usage of mobile wallets, growing usage of EuroPay, MasterCard, and Visa cards for the transactions, increasing partnerships and acquisitions as well as technological advancement are some of the key growth drivers of the POS terminal market in Saudi Arabia. Further, the increase in the number of pilgrims and tourists remains one of the key growth drivers of the POS terminal market in Saudi Arabia. However, the Saudi Arabia POS terminal market is expected to witness a slowdown at the beginning of 2020 due to the outbreak of the Covid-19 pandemic and the market is expected to recover gradually over the next few years.

In terms of type, the portable and mobile POS terminals are registering significant growth in Saudi Arabia. Additionally, the hospitality and healthcare applications are dominating the overall Saudi Arabia POS terminal market due to increased spending on healthcare and traveling services by tourists in the country. Further, the healthcare application is witnessing considerable demand for POS terminals due to the outbreak of the Covid-19 pandemic in Saudi Arabia.

Some of the key players operating in the Saudi Arabia POS terminal market are AreIngenico International SAUDI ARABIA Pvt. Ltd., Verifone SAUDI ARABIA Sales Pvt. Ltd., Mswipe Technologies Private Limited, Ezetap Mobile Solutions Pvt. Ltd., MobiSwipe Technologies Private Limited, Paynear One, PayU Money, ePaisa, Pine Labs and PAX Technologies Pvt. Ltd.

The Saudi Arabia POS terminal report thoroughly covers the market by type, end-users, and region. Saudi Arabia POS terminal market outlook report provides an unbiased and detailed analysis of the ongoing Saudi Arabia POS terminal market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

Saudi Arabia POS terminal market is projected to gain momentum during the forecast period 2020-26F backed by the rising growth of the commercial and healthcare sector in the country. Further, the countries population top spending on food and shopping due to increasing the growth of the young working population which is estimated to strengthen the growth of the hospitality sector, and this is estimated to bolster the POS terminal deployment. the increased smart card users in the era of digitalization are expected to act as a catalyst for the optimistic growth of the Saudi Arabia POS terminal market in the upcoming six years.

Key Highlights of the Report:

  • Saudi Arabia POS Terminal Market Overview
  • Saudi Arabia POS Terminal Market Outlook
  • Saudi Arabia POS Terminal Market Forecast
  • Saudi Arabia POS Terminal Market Size and Saudi Arabia POS Terminal Market Forecast Until 2026
  • Saudi Arabia POS Terminal Market Share, By Types
  • Saudi Arabia POS Terminal Market Share, By End Users
  • Saudi Arabia POS Terminal Market Share, By Regions
  • Historical Data of Saudi Arabia POS Terminal Market Revenues and Volume for the period, 2016-2019
  • Market size and Forecast of Saudi Arabia POS Terminal Market Revenues and Volume Until 2026
  • Historical Data of Saudi Arabia POS Terminal Market Revenues and Volume, By Types, for the Period 2016-2019
  • Market size and Forecast of Saudi Arabia POS Terminal Market Revenues and Volume, By Types, Until 2026
  • Historical Data of Saudi Arabia POS Terminal Market Revenues and Volume, By End Users, for the Period 2016-2019
  • Market size and Forecast of Saudi Arabia POS Terminal Market Revenues and Volume, By End Users, Until 2026
  • Historical Data of Saudi Arabia POS Terminal Market Revenues and Volume, By Regions, for the Period 2016-2019
  • Market size and Forecast of Saudi Arabia POS Terminal Market Revenues and Volume, By Regions, Until 2026
  • Saudi Arabia POS Terminal Market Drivers and Restraints
  • Saudi Arabia POS Terminal Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Saudi Arabia POS Terminal Market Opportunity Assessment
  • Saudi Arabia POS Terminal Market Revenue Share, By Company
  • Saudi Arabia POS Terminal Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Saudi Arabia POS terminal market report provides a detailed analysis of the following market segments:

  • By Type

    o Portable

    o Countertop

    o Mobile POS

    o PIN Pad

    o Multimedia

  • By End Users

    o Hospitality

    o Retail  

    o Government & Transportation

    o Healthcare

    o Others

1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights of The Report

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. Saudi Arabia POS Terminal Market Overview

3.1. Saudi Arabia POS Terminal Market Revenues, 2016-2026F

3.2. Saudi Arabia POS Terminal Market Revenue Share, By Types, 2019 & 2026F

3.3. Saudi Arabia POS Terminal Market Revenue Share, By End Users, 2019 & 2026F

3.4. Saudi Arabia POS Terminal Market Revenue Share, By Regions, 2019 & 2026F

3.5. Saudi Arabia POS Terminal Market Industry Life Cycle

3.6. Saudi Arabia POS Terminal Market- Porter’s Five Forces

4. Saudi Arabia POS Terminal Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Saudi Arabia POS Terminal Market Trends

6. Saudi Arabia POS Terminal Market Overview, By Types

6.1. Saudi Arabia POS Terminal Market Revenues, By Portable, 2016-2026F

6.2. Saudi Arabia POS Terminal Market Revenues, By Countertop, 2016-2026F

6.3. Saudi Arabia POS Terminal Market Revenues, By Mobile POS, 2016-2026F

6.4. Saudi Arabia POS Terminal Market Revenues, By PIN PAD, 2016-2026F

6.5. Saudi Arabia POS Terminal Market Revenues, By Multimedia, 2016-2026F

7. Saudi Arabia POS Terminal Market Overview, By End Users

7.1. Saudi Arabia POS Terminal Market Revenues, By Hospitality, 2016-2026F

7.2. Saudi Arabia POS Terminal Market Revenues, By Retail, 2016-2026F

7.3. Saudi Arabia POS Terminal Market Revenues, By Government and Transportation, 2016-2026F

7.4. Saudi Arabia POS Terminal Market Revenues, By Healthcare, 2016-2026F

7.5. Saudi Arabia POS Terminal Market Revenues, By Others, 2016-2026F

8. Saudi Arabia POS Terminal Market Overview, By Regions

9. Saudi Arabia POS Terminal Market Key Performance Indicators

10. Saudi Arabia POS Terminal Market Opportunity Assessment

10.1. Saudi Arabia POS Terminal Market, Opportunity Assessment, By Type, 2026F

10.2. Saudi Arabia POS Terminal Market, Opportunity Assessment, End Users, 2026F

10.3. Saudi Arabia POS Terminal Market, Opportunity Assessment, Regions, 2026F

11 Saudi Arabia POS Terminal Market Competitive Landscape

11.1. Saudi Arabia POS Terminal Market Competitive Benchmarking, By Companies, 2019

11.2. Saudi Arabia POS Terminal Market Revenue Share, By Operating Parameters, 2019

12. Company Profiles

13. Key Strategic Recommendations

14. Disclaimer

UAE POS Terminal Market (2020-2026): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality, Healthcare, Retail,  Government & Transportation and Others), and Competitive Landscape

India POS Terminal Market (2020-2026): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality, Healthcare, Retail,  Government & Transportation and Others), and Competitive Landscape

Europe Point of Sale (POS) Market (2019-2025): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Countries (Germany, UK, France, Italy and Rest of Europe) and Competitive Landscape.

Middle East & Africa (MEA) Point of Sale (POS) Market (2019-2025): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Countries (Saudi Arabia, Kuwait, UAE, Qatar, Bahrain, Oman, Turkey, Egypt, South Africa, Nigeria and Rest of MEA) and Competitive Landscape.

North America Point of Sale (POS) Market (2019-2025): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Countries (the US, Canada and Rest of North America) and Competitive Landscape.

Global Point of Sale (POS) Market (2019-2025): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Regions (Asia Pacific, Europe, North America, Middle East & Africa and Rest of World), By Key Countries and Competitive Landscape

 
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