Product Code: ETC268474 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The adoption of point of sale (POS) terminals in Myanmar is increasing as businesses transition to digital payment systems. The growth of retail, hospitality, and e-commerce sectors is driving demand for advanced POS solutions. These terminals facilitate secure and efficient transactions, inventory management, and customer data collection. The shift towards a cashless economy, supported by government initiatives and the rise of mobile banking, is further propelling the POS terminals market.
The point of sale terminals market in Myanmar is being driven by factors such as retail sector growth, digitalization, and the adoption of electronic payment systems. Point of sale (POS) terminals are electronic devices used for processing card payments and completing transactions at retail stores, restaurants, and other businesses. With the increasing preference for cashless transactions, the expansion of retail chains, and the modernization of payment infrastructure, the demand for point of sale terminals is growing in Myanmar, stimulating market growth.
Limited awareness and technical expertise hinder the growth of the Myanmar point of sale terminals market. Developing and deploying point of sale terminal solutions require investments in technology and infrastructure to meet diverse retail needs. Moreover, ensuring compatibility with existing payment systems and addressing concerns about security and data privacy pose additional challenges for companies operating in this sector. Additionally, educating merchants about the benefits of point of sale terminals and providing reliable customer support is essential for market penetration.
The government supports the adoption of point-of-sale terminals to enhance retail transactions and financial inclusion. Policies ensure terminal security and interoperability, support local terminal providers, and encourage innovation in point-of-sale technology to meet diverse market needs.
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 Myanmar Point Of Sale Terminals Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Point Of Sale Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Point Of Sale Terminals Market - Industry Life Cycle |
3.4 Myanmar Point Of Sale Terminals Market - Porter's Five Forces |
3.5 Myanmar Point Of Sale Terminals Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Myanmar Point Of Sale Terminals Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Myanmar Point Of Sale Terminals Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Myanmar Point Of Sale Terminals Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Myanmar Point Of Sale Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Myanmar |
4.2.2 Growing retail sector in the country |
4.2.3 Government initiatives to promote cashless transactions |
4.3 Market Restraints |
4.3.1 Limited internet connectivity and infrastructure in certain regions of Myanmar |
4.3.2 Lack of awareness and trust in digital payment systems |
4.3.3 High initial investment costs for businesses to implement point of sale terminals |
5 Myanmar Point Of Sale Terminals Market Trends |
6 Myanmar Point Of Sale Terminals Market, By Types |
6.1 Myanmar Point Of Sale Terminals Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Fixed, 2021-2031F |
6.1.4 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Mobile, 2021-2031F |
6.2 Myanmar Point Of Sale Terminals Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.3 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Software, 2021-2031F |
6.2.4 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Services , 2021-2031F |
6.3 Myanmar Point Of Sale Terminals Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 Myanmar Point Of Sale Terminals Market Revenues & Volume, By On-premise , 2021-2031F |
6.4 Myanmar Point Of Sale Terminals Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Restaurants, 2021-2031F |
6.4.3 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Retail, 2021-2031F |
6.4.4 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Hospitality, 2021-2031F |
6.4.5 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Warehouse, 2021-2031F |
6.4.7 Myanmar Point Of Sale Terminals Market Revenues & Volume, By Entertainment, 2021-2031F |
7 Myanmar Point Of Sale Terminals Market Import-Export Trade Statistics |
7.1 Myanmar Point Of Sale Terminals Market Export to Major Countries |
7.2 Myanmar Point Of Sale Terminals Market Imports from Major Countries |
8 Myanmar Point Of Sale Terminals Market Key Performance Indicators |
8.1 Number of new digital payment users in Myanmar |
8.2 Growth in the number of retail establishments using point of sale terminals |
8.3 Percentage increase in transaction value through point of sale terminals |
8.4 Average transaction frequency per point of sale terminal |
8.5 Rate of adoption of QR code payments in conjunction with point of sale terminals |
9 Myanmar Point Of Sale Terminals Market - Opportunity Assessment |
9.1 Myanmar Point Of Sale Terminals Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Myanmar Point Of Sale Terminals Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Myanmar Point Of Sale Terminals Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.4 Myanmar Point Of Sale Terminals Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Myanmar Point Of Sale Terminals Market - Competitive Landscape |
10.1 Myanmar Point Of Sale Terminals Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Point Of Sale Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |