Middle East and Africa (MEA) POS Terminal Market Summary, Competitive Analysis and Forecast to 2027
Summary
POS Terminal in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- POS Terminal is a device that merchants use to process payments and complete customer purchases. The POS Terminal reads the customer's debit or credit card details, transfers money from the customer's account to the merchant's account, and records the details of the transaction. Both mobile and fixed POS Terminal are included in our scope.
- The Middle East & African POS terminal market had total revenues of $4.9 billion in 2022, representing a compound annual growth rate (CAGR) of 0.012% between 2017 and 2022.
- The POS software and services segment accounted for the market's largest proportion in 2022, with total revenues of $3.2 billion, equivalent to 66.6% of the market's overall value.
- The growth of the Middle East & African POS terminal market can also be attributed to the increase in the penetration of credit and debit cards across the region. For instance, according to in-house research, credit card penetration in Saudi Arabia stood at 88.1 per 1,000 people in 2020, as per the latest available data.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the pos terminal market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pos terminal market in Middle East & Africa
- Leading company profiles reveal details of key pos terminal market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa pos terminal market with five year forecasts
- What was the size of the Middle East & Africa pos terminal market by value in 2022?
- What will be the size of the Middle East & Africa pos terminal market in 2027?
- What factors are affecting the strength of competition in the Middle East & Africa pos terminal market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East & Africa's pos terminal market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do leading players follow?
- 7.3. What are the strengths of leading players?
- 7.4. What were the most recent market developments?
- 8 Company Profiles
- 8.1. VeriFone Inc
- 8.2. Ingenico SA
- 8.3. NCR Corp
- 8.4. PAX Global Technology Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Middle East & Africa pos Terminal market value: $ million, 2017-22
- Table 2: Middle East & Africa pos Terminal market category segmentation: % share, by value, 2017-2022
- Table 3: Middle East & Africa pos Terminal market category segmentation: $ million, 2017-2022
- Table 4: Middle East & Africa pos Terminal market geography segmentation: $ million, 2022
- Table 5: Middle East & Africa pos Terminal market value forecast: $ million, 2022-27
- Table 6: VeriFone Inc: key facts
- Table 7: VeriFone Inc: key employees
- Table 8: Ingenico SA: key facts
- Table 9: Ingenico SA: key employees
- Table 10: NCR Corp: key facts
- Table 11: NCR Corp: annual financial ratios
- Table 12: NCR Corp: key employees
- Table 13: NCR Corp: key employees Continued
- Table 14: PAX Global Technology Ltd: key facts
- Table 15: PAX Global Technology Ltd: annual financial ratios
- Table 16: PAX Global Technology Ltd: key employees
- Table 17: Middle East & Africa size of population (million), 2018-22
- Table 18: Middle East & Africa gdp (constant 2005 prices, $ billion), 2018-22
- Table 19: Middle East & Africa gdp (current prices, $ billion), 2018-22
- Table 20: Middle East & Africa inflation, 2018-22
- Table 21: Middle East & Africa consumer price index (absolute), 2018-22
- Table 22: Middle East & Africa exchange rate, 2018-22
- List of Figures
- Figure 1: Middle East & Africa pos Terminal market value: $ million, 2017-22
- Figure 2: Middle East & Africa pos Terminal market category segmentation: $ million, 2017-2022
- Figure 3: Middle East & Africa pos Terminal market geography segmentation: % share, by value, 2022
- Figure 4: Middle East & Africa pos Terminal market value forecast: $ million, 2022-27
- Figure 5: Forces driving competition in the pos Terminal market in Middle East & Africa, 2022
- Figure 6: Drivers of buyer power in the pos Terminal market in Middle East & Africa, 2022
- Figure 7: Drivers of supplier power in the pos Terminal market in Middle East & Africa, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the pos Terminal market in Middle East & Africa, 2022
- Figure 9: Factors influencing the threat of substitutes in the pos Terminal market in Middle East & Africa, 2022
- Figure 10: Drivers of degree of rivalry in the pos Terminal market in Middle East & Africa, 2022
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