Product Code: ETC5587211 | 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 wireless point-of-sale (POS) terminal market in Ethiopia is growing as the adoption of cashless payment systems increases. Wireless POS terminals, which allow merchants to process payments via credit/debit cards and mobile money services without the need for a physical connection, are gaining popularity in Ethiopias retail, hospitality, and service sectors. As more consumers shift towards electronic payment methods, the demand for wireless POS solutions is expected to rise. Additionally, the governments push for digital financial inclusion is likely to spur further market growth, as businesses seek to modernize payment systems and improve customer experiences.
The wireless POS (point-of-sale) terminal market in Ethiopia is driven by the growing adoption of cashless payment systems and the expansion of the retail and hospitality sectors. As consumers increasingly prefer contactless payment methods for convenience and safety, there is a rising demand for wireless POS terminals that enable merchants to process transactions quickly and securely. The rise of mobile payment solutions, coupled with a growing emphasis on financial inclusion, also contributes to the market`s growth. Additionally, the increasing number of small and medium-sized businesses adopting POS technology further supports the expansion of this market in Ethiopia.
The wireless POS terminal market in Ethiopia faces several obstacles that slow its growth. One major issue is the limited adoption of electronic payment methods, as cash transactions remain dominant in many parts of the economy. Despite the global trend toward digital payments, Ethiopian businesses, especially small enterprises, have been slow to adopt wireless POS systems. Additionally, wireless POS terminals are often expensive, and the cost of implementation is prohibitive for many small business owners. The lack of reliable internet connectivity and the absence of adequate after-sales support further complicate the adoption of wireless POS terminals. As a result, many businesses are hesitant to invest in wireless payment solutions, limiting market expansion.
The wireless POS (Point of Sale) terminal market in Ethiopia benefits from the governments efforts to modernize the payment system and promote financial inclusion. Ethiopia is making strides in digitalizing its financial services sector, with policies aimed at expanding mobile banking, e-commerce, and digital payments. The governments support for fintech startups and initiatives to improve electronic payment infrastructure create a favorable environment for the growth of the wireless POS terminal market. Regulations related to electronic transactions and consumer protection also play a crucial role in shaping market dynamics.
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 Wireless POS Terminal Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Wireless POS Terminal Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Wireless POS Terminal Market - Industry Life Cycle |
3.4 Ethiopia Wireless POS Terminal Market - Porter's Five Forces |
3.5 Ethiopia Wireless POS Terminal Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Ethiopia Wireless POS Terminal Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 Ethiopia Wireless POS Terminal Market Revenues & Volume Share, By Industry , 2021 & 2031F |
4 Ethiopia Wireless POS Terminal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ethiopia Wireless POS Terminal Market Trends |
6 Ethiopia Wireless POS Terminal Market Segmentations |
6.1 Ethiopia Wireless POS Terminal Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Ethiopia Wireless POS Terminal Market Revenues & Volume, By POS Software & Services, 2021-2031F |
6.2 Ethiopia Wireless POS Terminal Market, By Type |
6.2.1 Overview and Analysis | 6.2.2 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Portable Countertop & PIN Pad, 2021-2031F |
6.2.3 Ethiopia Wireless POS Terminal Market Revenues & Volume, By mPOS, 2021-2031F |
6.2.4 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Smart POS, 2021-2031F |
6.2.5 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Other, 2021-2031F |
6.3 Ethiopia Wireless POS Terminal Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Retail, 2021-2031F |
6.3.3 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Hospitality, 2021-2031F |
6.3.4 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.5 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.6 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Sports & Entertainment, 2021-2031F |
6.3.7 Ethiopia Wireless POS Terminal Market Revenues & Volume, By Other Industries, 2021-2031F |
7 Ethiopia Wireless POS Terminal Market Import-Export Trade Statistics |
7.1 Ethiopia Wireless POS Terminal Market Export to Major Countries |
7.2 Ethiopia Wireless POS Terminal Market Imports from Major Countries |
8 Ethiopia Wireless POS Terminal Market Key Performance Indicators |
9 Ethiopia Wireless POS Terminal Market - Opportunity Assessment |
9.1 Ethiopia Wireless POS Terminal Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Ethiopia Wireless POS Terminal Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 Ethiopia Wireless POS Terminal Market Opportunity Assessment, By Industry , 2021 & 2031F |
10 Ethiopia Wireless POS Terminal Market - Competitive Landscape |
10.1 Ethiopia Wireless POS Terminal Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Wireless POS Terminal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |