Algeria POS Terminal Market (2020-2026) | Industry, Forecast, Revenue, Outlook, Analysis, Companies, COVID-19 IMPACT, Size, Trends, Growth, Share & Value

Algeria POS terminal market is expected to register considerable growth principally due to government initiatives to transform Algeria into a digital economy. The adoption of digital transactions has increased the demand for new payment modes and devices which can offer e-payment facilities to buyers. The new regulation introduced by electronic communications law in relation to electronic payments will further strengthen the E-payment platform in the country. Based on the law, online financial transactions must be connected to AT payment terminals. Additionally, the law made it mandatory for business owners to install electronic payment terminals (EPTs) by the end of 2018.

Further, the public and private companies are also engaged in digitization of their operations in Algeria. In the smart city summit organized in June 2018, few public companies such as SEAAL have presented their investment in digitization. Additionally, private companies are also expanding their online payment services in Algeria. For Instance, Algerian mobile telecoms operator Djezzy has added 1 million customers to a digital-based platform. Djezzy entered into a partnership with Ericsson, a Sweden based player to offer telecom operators to initiate a digital transaction for billing, pricing, and personalized promotions. These initiatives will spur the demand for the Algeria POS terminal market during the forecast period.

According to 6Wresearch, Algeria POS Terminal Market is projected to witness growth during 2020-26. Growing digital banking services, rise in online transactions in the retail sector, investment in cloud applications as well as improvement in payment infrastructure are some of the key growth drivers of the POS terminal market in Algeria. However, the Algeria POS terminal market is expected to witness a slowdown at the beginning of the year 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 applications, the healthcare application is witnessing considerable demand for POS terminals due to the outbreak of the Covid-19 pandemic in Algeria as hospitals have witnessed huge online and mobile-based payment from patients. Whereas, in terms of type, the portable and mobile POS terminals are registering significant growth in Algeria. Additionally, the hospitality application is leading the overall Algeria POS terminal market due to increased spending on traveling services by tourists in the country.

The Algeria POS terminal report thoroughly covers the market by type, by end-users, and by regions. Algeria POS terminal market outlook report provides an unbiased and detailed analysis of the on-going Algeria 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.

Key Highlights of the Report:

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

Markets Covered

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

• By Type
  • Portable
  • Countertop
  • Mobile POS
  • PIN Pad
  • Multimedia
    
    
• By End Users
  • Hospitality
  • Retail
  • Government & Transportation
  • Healthcare
  • Others

Frequently Asked Questions About the Market Study (FAQs):