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

THE Europe POS terminal market is witnessing significant growth primarily due to the rising number of e-commerce transactions and the growing adoption of wireless technology. The payment industry in Europe has undergone considerable transformation led by innovation. Several new modes of payment, as well as a large number of players, have entered the European market over the past few years. The rise in usage of smartphones and mobile internet has resulted in the development of new innovative payment solutions and the merchants have shifted from the traditional payment solutions towards new innovative technologies introduced by players. Additionally, the implementation of new EU legislation, which allows third-party access to the payment account, real-time payments, and new technical inventions including distributed ledger technology (DLT) and artificial intelligence (AI), will further strengthen the online payment platform and boost the demand for Europe POS terminal market during the forecast period.

According to 6Wresearch, Europe POS Terminal Market is projected to register significant growth during 2020-2026. Growth in e-commerce, increasing usage of EuroPay, MasterCard, and Visa Cards for the transactions, rising usage of mobile wallets as well as the introduction of new and favorable regulations for secure payment are some of the key growth drivers of the POS terminal market in Europe. However, the Europe POS terminal market is expected to witness a downfall during the initial months of 2020 due to the outbreak of the Covid-19 pandemic in the region and the market is expected to recover gradually over the next few years.

In terms of countries, U.K., Germany, and France are the key revenue-generating markets in the overall Europe POS terminal market owing to a surge in the adoption of online platforms for financial transactions and cashless transactions in these countries. Additionally, in terms of type, the portable and mobile POS terminals are registering significant growth. Further, healthcare and retail verticals are dominating the overall Europe POS terminal market due to the outbreak of the Covid-19 pandemic in Europe.

Some of the leading players in Europe POS terminal market are Ingenico International India Pvt. Ltd., Verifone India Sales Pvt. Ltd., Mswipe Technologies Private Limited, Ezetap Mobile Solutions Pvt. Ltd., MobiSwipe Technologies Private Limited, Paynear One, PayU Money, ePaisa, Pine Labs and PAX Technologies Pvt. Ltd.

The Europe POS terminal market report thoroughly covers the market by terminal type, end-users, and countries such as Germany, the UK, France, Italy, and the Rest of Europe. The Europe POS terminal market outlook report provides an unbiased and detailed analysis of the ongoing Europe POS terminal market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Europe POS Terminal Market is projected to register sound revenues during the forecast period 2020-26F backed by the rising trade sector at the fastest pace across the region. Increased trading activities in some of the topmost European countries are Germany, the Netherland, and France, where machinery and motor vehicles are mostly being traded between the countries underpinned by the effulgence of the rising trade amongst the aforementioned countries which have concurrently led to the increase in the transaction process by using wireless technology that is POS terminals during the payment process and is expected to boost the growth of the POS terminal market in the upcoming six years.

Europe POS terminal market is estimated to find its true potential underpinned by the rising potential growth of the commercial and transportation sector across the region. Additionally, the healthcare sector is also estimated to shape the POS terminal market growth owing to an increase in the number patients population coupled with the digital era stimulate population for carrying the cashless money, therefore, the growth of the POS terminal is also increasing and is expected to propel the optimistic growth of the POS terminal market in the developed and developing countries across the region in the coming timeframe.

Key Highlights of the Report:

• Europe POS Terminal Market Overview
• Europe POS Terminal Market Outlook
• Europe POS Terminal Market Forecast
• Historical Data of Europe POS Terminal Market Revenues for the Period 2016-2019
• Europe POS Terminal Market Size and Europe POS Terminal Market Forecast of Revenues, Until 2026
• Historical Data of Europe POS Terminal Market Revenues, by Terminal Types, for the Period 2016-2019
• Market Size & Forecast of Europe POS Terminal Market Revenues, by Terminal Types, Until 2026
• Historical Data of Europe POS Terminal Market Revenues, by End-User, for the Period 2016-2019
• Market Size & Forecast of Europe POS Terminal Market Revenues, by End-User, until 2026
• Historical Data of Germany Point-of-Sale Terminal Market Revenues, for the Period 2016-2019
• Market Size & Forecast of Germany Point-of-Sale Terminal Market Revenues, Until 2026
• Historical Data of UK Point-of-Sale Terminal Market Revenues, for the Period 2016-2019
• Market Size & Forecast of UK Point-of-Sale Terminal Market Revenues, Until 2026
• Historical Data of France Point-of-Sale Terminal Market Revenues, for the Period 2016-2019
• Market Size & Forecast of France Point-of-Sale Terminal Market Revenues, Until 2026
• Historical Data of Italy Point-of-Sale Terminal Market Revenues, for the Period 2016-2019
• Market Size & Forecast of Italy Point-of-Sale Terminal Market Revenues, Until 2026
• Historical Data of Rest of Europe Point-of-Sale Terminal Market Revenues, for the Period 2016-2019
• Market Size & Forecast of Rest of Europe Point-of-Sale Terminal Market Revenues, Until 2026
• Market Drivers and Restraints
• Europe POS Terminal Market Trends
• Market Opportunity Assessment
• Europe POS Terminal Market Share, By Countries
• Europe POS Terminal Market Share, By Players
• Europe POS Terminal Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Europe POS Terminal market report provides a detailed analysis of the following market segments:

• By Terminal Types:
• Portable
• Countertop
• Mobile POS TERMINAL
• PIN Pad
• Multimedia
  
  
• By End Users:
• Hospitality & Healthcare
• Retail & e-Commerce
• Government & Transportation
• Others
  
  
• By Countries:
• Germany
• UK
• France
• Italy
• Rest of Europe

Other Key Related Reports Include:

• Germany POS Terminal Market Report
• UK POS Terminal Market Report
• France POS Terminal Market Report
• Italy POS Terminal Market Report

Frequently Asked Questions About the Market Study (FAQs):