Product Code: ETC5132370 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The point of sale (POS) terminals market in Ethiopia is growing due to the expansion of the retail and hospitality sectors, alongside a rise in consumer spending and adoption of cashless payments. POS terminals are essential for processing payments, offering convenience and efficiency to both consumers and businesses. As Ethiopias retail, hospitality, and e-commerce sectors expand, the need for secure and reliable POS systems is increasing. The market will also benefit from the increasing adoption of mobile payments and the growth of financial inclusion in the country.
The point of sale (POS) terminals market in Ethiopia is expanding due to the growth of the retail and hospitality industries, as well as the rise in digital payments. As Ethiopias economy becomes more integrated with global markets, the adoption of modern payment systems, including POS terminals, is increasing. The rise of e-commerce and mobile payments is also contributing to the demand for POS terminals. Additionally, government initiatives aimed at improving financial inclusion and encouraging cashless transactions are driving the adoption of POS systems across the country.
The point-of-sale (POS) terminals market struggles with low digital literacy, inadequate internet infrastructure, and resistance to adopting cashless payment systems. High initial setup costs for businesses and lack of government incentives also slow the markets growth.
The Point of Sale (POS) Terminals Market in Ethiopia is growing rapidly, driven by the increasing adoption of electronic payment systems in retail, banking, and hospitality sectors. The government is supporting this market by implementing policies that promote digital payment systems and enhance the financial inclusion of unbanked populations. Efforts to modernize the country`s financial infrastructure, such as the adoption of mobile payments and electronic banking, are fostering the growth of the POS terminals market. Additionally, the Ethiopian government is working on improving the security and reliability of digital transactions, providing incentives for local businesses to adopt POS systems.
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 Ethiopia Point Of Sale Terminals Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Point Of Sale Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Point Of Sale Terminals Market - Industry Life Cycle |
3.4 Ethiopia Point Of Sale Terminals Market - Porter's Five Forces |
3.5 Ethiopia Point Of Sale Terminals Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Ethiopia Point Of Sale Terminals Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Ethiopia Point Of Sale Terminals Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Ethiopia Point Of Sale Terminals Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Ethiopia Point Of Sale Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payments in Ethiopia |
4.2.2 Government initiatives promoting cashless transactions |
4.2.3 Growth in the retail and hospitality sectors driving demand for point of sale terminals |
4.3 Market Restraints |
4.3.1 Limited internet connectivity and infrastructure challenges |
4.3.2 High initial setup costs for businesses to implement point of sale terminals |
5 Ethiopia Point Of Sale Terminals Market Trends |
6 Ethiopia Point Of Sale Terminals Market Segmentations |
6.1 Ethiopia Point Of Sale Terminals Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Fixed, 2021-2031F |
6.1.3 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Mobile, 2021-2031F |
6.2 Ethiopia Point Of Sale Terminals Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.3 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Software, 2021-2031F |
6.2.4 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Services , 2021-2031F |
6.3 Ethiopia Point Of Sale Terminals Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By On-premise , 2021-2031F |
6.4 Ethiopia Point Of Sale Terminals Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Restaurants, 2021-2031F |
6.4.3 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Retail, 2021-2031F |
6.4.4 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Hospitality, 2021-2031F |
6.4.5 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Warehouse, 2021-2031F |
6.4.7 Ethiopia Point Of Sale Terminals Market Revenues & Volume, By Entertainment, 2021-2031F |
7 Ethiopia Point Of Sale Terminals Market Import-Export Trade Statistics |
7.1 Ethiopia Point Of Sale Terminals Market Export to Major Countries |
7.2 Ethiopia Point Of Sale Terminals Market Imports from Major Countries |
8 Ethiopia Point Of Sale Terminals Market Key Performance Indicators |
8.1 Number of active mobile money users in Ethiopia |
8.2 Number of digital payment transactions in the country |
8.3 Percentage growth in the number of POS terminals deployed in Ethiopia |
8.4 Average transaction value processed through POS terminals |
8.5 Rate of adoption of POS terminals by small and medium-sized businesses |
9 Ethiopia Point Of Sale Terminals Market - Opportunity Assessment |
9.1 Ethiopia Point Of Sale Terminals Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Ethiopia Point Of Sale Terminals Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Ethiopia Point Of Sale Terminals Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.4 Ethiopia Point Of Sale Terminals Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Ethiopia Point Of Sale Terminals Market - Competitive Landscape |
10.1 Ethiopia Point Of Sale Terminals Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Point Of Sale Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |