Middle East and Africa (MEA) POS Terminal Market Summary, Competitive Analysis and Forecast to 2027
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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.
Scope
– 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
Reasons to Buy
– 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?
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