Product Code: ETC5531730 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Burundi Retail Point of Sale (POS) Market is essential for streamlining retail transactions and improving customer experience. The market faces challenges related to the limited adoption of POS systems, particularly in rural areas, due to a lack of infrastructure and awareness. Additionally, the high cost of POS hardware and software poses a barrier for small retailers. However, the increasing shift towards digital payments and the need for efficient transaction management are expected to drive the adoption of POS systems in Burundi.
The retail point of sale (POS) market in Burundi is driven by the growing adoption of digital payment methods and the need for efficient transaction management systems. The increasing number of retail outlets and the shift towards cashless transactions are significant factors fueling the demand for POS systems. Additionally, the integration of advanced features, such as inventory management and customer relationship management, in POS systems enhances their appeal to retailers.
The retail point of sale (POS) market in Burundi encounters challenges related to the limited adoption of electronic payment systems in the country. Many retail businesses still rely on cash transactions due to a lack of trust in digital payment methods and the limited penetration of banking services. The high cost of POS systems and the lack of technical support also deter small and medium-sized retailers from adopting these technologies. Additionally, there is a lack of awareness and understanding of the benefits of POS systems, which further hinders market growth. The slow pace of digital transformation in the retail sector is another obstacle, as businesses are hesitant to move away from traditional methods.
Government policies in Burundi impacting the retail point of sale (POS) market are centered around the digitalization of payment systems and the promotion of financial inclusion. The government has introduced policies to encourage the adoption of POS systems, particularly in urban areas, to facilitate cashless transactions. However, the market is challenged by the high cost of POS devices and the need for widespread internet connectivity. Government programs aimed at reducing the cost of technology and expanding internet access are essential for the growth of the POS market.
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 Burundi Retail Point of Sale Market Overview |
3.1 Burundi Country Macro Economic Indicators |
3.2 Burundi Retail Point of Sale Market Revenues & Volume, 2021 & 2031F |
3.3 Burundi Retail Point of Sale Market - Industry Life Cycle |
3.4 Burundi Retail Point of Sale Market - Porter's Five Forces |
3.5 Burundi Retail Point of Sale Market Revenues & Volume Share, By Product , 2021 & 2031F |
3.6 Burundi Retail Point of Sale Market Revenues & Volume Share, By End User , 2021 & 2031F |
3.7 Burundi Retail Point of Sale Market Revenues & Volume Share, By Component , 2021 & 2031F |
4 Burundi Retail Point of Sale Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Burundi Retail Point of Sale Market Trends |
6 Burundi Retail Point of Sale Market Segmentations |
6.1 Burundi Retail Point of Sale Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Burundi Retail Point of Sale Market Revenues & Volume, By Fixed POS, 2021-2031F |
6.1.3 Burundi Retail Point of Sale Market Revenues & Volume, By Mobile POS, 2021-2031F |
6.2 Burundi Retail Point of Sale Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Burundi Retail Point of Sale Market Revenues & Volume, By Grocery Stores, 2021-2031F |
6.2.3 Burundi Retail Point of Sale Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Burundi Retail Point of Sale Market Revenues & Volume, By Gas Stations, 2021-2031F |
6.3 Burundi Retail Point of Sale Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Burundi Retail Point of Sale Market Revenues & Volume, By Hardware, 2021-2031F |
6.3.3 Burundi Retail Point of Sale Market Revenues & Volume, By Software, 2021-2031F |
6.3.4 Burundi Retail Point of Sale Market Revenues & Volume, By Services, 2021-2031F |
7 Burundi Retail Point of Sale Market Import-Export Trade Statistics |
7.1 Burundi Retail Point of Sale Market Export to Major Countries |
7.2 Burundi Retail Point of Sale Market Imports from Major Countries |
8 Burundi Retail Point of Sale Market Key Performance Indicators |
9 Burundi Retail Point of Sale Market - Opportunity Assessment |
9.1 Burundi Retail Point of Sale Market Opportunity Assessment, By Product , 2021 & 2031F |
9.2 Burundi Retail Point of Sale Market Opportunity Assessment, By End User , 2021 & 2031F |
9.3 Burundi Retail Point of Sale Market Opportunity Assessment, By Component , 2021 & 2031F |
10 Burundi Retail Point of Sale Market - Competitive Landscape |
10.1 Burundi Retail Point of Sale Market Revenue Share, By Companies, 2024 |
10.2 Burundi Retail Point of Sale Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |