| Product Code: ETC8047597 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania saw a diverse range of POS device imports from top exporting countries including Netherlands, Hungary, China, Germany, and Czechia. The market remained competitive with low concentration as indicated by the Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate of 2.15% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -2.47%. This data suggests a stable but slightly slowing trend in the POS device import market in Lithuania.

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 Lithuania POS Device Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania POS Device Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania POS Device Market - Industry Life Cycle |
3.4 Lithuania POS Device Market - Porter's Five Forces |
3.5 Lithuania POS Device Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Lithuania POS Device Market Revenues & Volume Share, By Terminal Type, 2021 & 2031F |
3.7 Lithuania POS Device Market Revenues & Volume Share, By Business Size, 2021 & 2031F |
3.8 Lithuania POS Device Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Lithuania POS Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cashless payment methods in Lithuania |
4.2.2 Government initiatives promoting digital payments and cashless transactions |
4.2.3 Growing trend of omnichannel retailing in the country |
4.3 Market Restraints |
4.3.1 High initial setup costs for implementing POS devices in businesses |
4.3.2 Concerns regarding data security and privacy in digital transactions |
5 Lithuania POS Device Market Trends |
6 Lithuania POS Device Market, By Types |
6.1 Lithuania POS Device Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Lithuania POS Device Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Lithuania POS Device Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Lithuania POS Device Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Lithuania POS Device Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Lithuania POS Device Market, By Terminal Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania POS Device Market Revenues & Volume, By Fixed POS Terminals, 2021- 2031F |
6.2.3 Lithuania POS Device Market Revenues & Volume, By Mobile POS Terminals, 2021- 2031F |
6.3 Lithuania POS Device Market, By Business Size |
6.3.1 Overview and Analysis |
6.3.2 Lithuania POS Device Market Revenues & Volume, By Turnover<5 Million INR, 2021- 2031F |
6.3.3 Lithuania POS Device Market Revenues & Volume, By Turnover 5 Million INR50 Million INR, 2021- 2031F |
6.3.4 Lithuania POS Device Market Revenues & Volume, By Turnover 50 Million INR and Above, 2021- 2031F |
6.4 Lithuania POS Device Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Lithuania POS Device Market Revenues & Volume, By Retail, 2021- 2031F |
6.4.3 Lithuania POS Device Market Revenues & Volume, By Hospitality, 2021- 2031F |
6.4.4 Lithuania POS Device Market Revenues & Volume, By BFSI, 2021- 2031F |
6.4.5 Lithuania POS Device Market Revenues & Volume, By Media and Entertainment, 2021- 2031F |
6.4.6 Lithuania POS Device Market Revenues & Volume, By Warehouse, 2021- 2031F |
6.4.7 Lithuania POS Device Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 Lithuania POS Device Market Import-Export Trade Statistics |
7.1 Lithuania POS Device Market Export to Major Countries |
7.2 Lithuania POS Device Market Imports from Major Countries |
8 Lithuania POS Device Market Key Performance Indicators |
8.1 Average transaction value processed through POS devices |
8.2 Number of businesses adopting POS devices for the first time |
8.3 Percentage increase in contactless transactions using POS devices |
9 Lithuania POS Device Market - Opportunity Assessment |
9.1 Lithuania POS Device Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Lithuania POS Device Market Opportunity Assessment, By Terminal Type, 2021 & 2031F |
9.3 Lithuania POS Device Market Opportunity Assessment, By Business Size, 2021 & 2031F |
9.4 Lithuania POS Device Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Lithuania POS Device Market - Competitive Landscape |
10.1 Lithuania POS Device Market Revenue Share, By Companies, 2024 |
10.2 Lithuania POS Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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