UAE Point-of-Sale Terminal Market Outlook (2022-2028) | Trends, Value, Analysis, Industry, Forecast, Size, Revenue, Companies, Growth, Share & COVID-19 IMPACT

UAE Point-of-Sale Terminal Market report comprehensively covers UAE point-of-sale terminal market by technology, by types, by applications and by regions. UAE point-of-sale terminal market outlook report provides an unbiased and detailed analysis of the point-of-sale terminal market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

UAE Point-of-Sale Terminal Market Synopsis

UAE Point-of-Sale terminal market is anticipated to register significant growth over the forecast period on account of the rising acceptance of cloud-based technologies and technological advancements in the country. Government initiatives such as UAE National Innovation Strategy, UAE Strategy for Future, UAE Vision 2021, among others would play a pivotal role in increasing the financial inclusion rates of the country, thereby fuelling the adoption of cashless transactions for availing various services. COVID-19 pandemic has resulted in a nation-wide lockdown to curtail the spread of the virus thus leading to falling in POS terminals transaction, however, as the economy starts reviving gradually, the aforementioned market is expected to gain momentum on account of a rapid shift towards cashless modes of transactions. Furthermore, a trend boosting the POS terminal market is the adoption of contactless payment cards such as smart cards which are embedded with chip and encrypted with data, and these contactless cards when placed near POS systems would accept payments, thereby enhancing efficiency, thus propelling the demand for high-end technology POS systems over the coming years.

The outburst of coronavirus has adversely impacted the country’s Diesel Generator market in 2020 as the government imposed nationwide lockdown has led to the closure of all economical foundational work in the country and has led to a massive disruption in the overall market competitive landscape.

According to 6Wresearch, UAE POS Terminal Market size is projected to grow at CAGR of 7.7% during 2020-2026. UAE POS Terminal market is estimated to register sound revenues in the upcoming six years backed by the rising logistics industry in the country. Increased eCommerce platforms have boosted the logistic industry coupled with a rise in the need for vehicles on rent in order to transport goods to the warehouse which is expected to accelerate the POS Terminal deployment in the country in the forthcoming years. Moreover, increased urbanization is estimated to generate high sales revenue in the market owing to the increased vehicle on rent during traveling for a few days. Is expected to proliferate the demand for the POS Terminal and would leave a positive impact on the market and is estimated to secure optimistic growth of UAE POS Terminal market in the upcoming six years.

Market Analysis by Applications

By applications, the retail sector holds the major market revenue shares in the overall market revenues in 2019 and is anticipated to retain the same over the forecast period on account of large-scale deployment in shopping complexes where POS terminals ensure fast and secure transactions thereby reducing wait time and enhancing customer satisfaction. Furthermore, the increasing adoption of cash-on-delivery options via onsite payment modes such as debit/credit cards by major e-commerce platforms in the midst of rising security concerns would augment the demand for POS terminals in the retail sector over the coming years.

UAE point of sale terminal market is projected to gain traction during the forecast period 2020-26F backed by the rising adoption in the retail sector. The rise in the use of plastic money in the country has likely to encourage many of the industries to deploy POS terminals to ensure a convenient and fast payment and is estimated to bring in lucrative opportunities for the industrialist and the to be investors, has led to expanding the market landscape of the UAE point of sale terminal market.  

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• UAE Point-of-Sale Terminal Market Overview
• UAE Point-of-Sale Terminal Market Outlook
• UAE Point-of-Sale Terminal Market Forecast
• Historical Data of UAE Point-of-Sale Terminal Market Revenues for the period, 2016-2019
• Market size and Forecast of UAE Point-of-Sale Terminal Market Revenues until 2026F
• Historical Data of UAE Point-of-Sale Terminal Market Revenues, By Technology, for the period 2016-2019
• Market size and Forecast of UAE Point-of-Sale Terminal Market Revenues, By Technology until 2026F
• Historical Data of UAE Point-of-Sale Terminal Market Revenues, By Types, for the period 2016-2019
• Market size and Forecast of UAE Point-of-Sale Terminal Market Revenues, By Types until 2026F
• Historical Data of UAE Point-of-Sale Terminal Market Revenues, By Applications, for the period 2016-2019
• Market size and Forecast of UAE Point-of-Sale Terminal Market Revenues, By Applications until 2026F
• Historical Data of UAE Point-of-Sale Terminal Market Revenues, By Regions, for the period 2016-2019
• Market size and Forecast of UAE Point-of-Sale Terminal Market Revenues, By Regions until 2026F
• Market Drivers and Restraints
• UAE Point-of-Sale Terminal Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• UAE Point-of-Sale Terminal Market Opportunity Assessment
• UAE Point-of-Sale Terminal Market Revenue Share, By Company
• UAE Point-of-Sale Terminal Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following Market segments:

• By Technology:
• Fixed
• Portable
• By Types:
• Countertop
• Integrated
• Smart
• M-POS
• By Applications:
• Retail
• Entertainment
• Hospitality
• Healthcare
• Others (Transportation, Public Infrastructure, etc.)
• By Regions:
• Western
• Central
• Eastern
• Southern

Frequently Asked Questions About the Market Study:

• Does the report consider COVID-19 impact?
  The report not only has considered COVID-19 impact but also current Market dynamics, trends and KPIs into consideration.

• How much growth is expected in the UAE POS Terminal Market over the coming years?
  The UAE POS Terminal Market revenue is anticipated to record a CAGR of 7.7% during 2020-26.

• Which segment has captured key share of the Market?
  M-POS has dominated the overall Market revenues in the year 2020.

• Which segment is exhibited to gain traction over the forecast period?
  Retail sector is expected to record key growth throughout the forecast period 2020-26.

• Who are key the key players of the Market?
  The key players of the Market include- NEC Corporation, VeriFone System Inc., Ingenico SA, Panasonic Corporation, Toshiba corporations, Microsystem Inc., Samsung Electronics Inc., and PAX technology.

• Is customization available in the Market study?
  Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements

• We also want to have Market reports for other countries/regions.
  6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

Other Key Reports Available:

• Latin America Point-of-Sale Terminal Market (2020-2026F)
• Europe Point-of-Sale Terminal Market (2020-2026F)
• APAC Point-of-Sale Terminal Market (2020-2026F)
• North America Point-of-Sale Terminal Market (2020-2026F)