Turkey Point of Sale Terminal Market size is projected to grow at a CAGR of 6.0% during 2024E-2030F

Counter-top POS systems attained the maximum revenue share in Turkey Point-of-Sale Terminal Market – 6Wresearch

By technology, Counter-top POS systems dominated the market, commanding the largest revenue share due to their versatility and suitability for a wide range of business settings. Their user-friendly interfaces and reliability make them a popular choice across industries. Integrated POS solutions, on the other hand, also secured a substantial market share, particularly within the retail sector, where they are valued for their ability to streamline operations, manage inventory, and facilitate smooth transactions.

According to 6Wresearch, Turkey Point of Sale Terminal Market size is projected to grow at a CAGR of 6.0% during 2024E-2030F. The point-of-sale terminal market in Turkey has experienced significant expansion in recent years, driven by the increasing popularity of credit and debit cards as preferred payment methods. The Turkish government has played a proactive role in fostering the growth of the card payment market, implementing initiatives such as infrastructure enhancements, financial inclusion programs, and digitalization efforts. As of December 2022, approximately 94 million individuals, constituting 65% of the banked population, actively engage with mobile banking services. The final quarter of 2022 witnessed an impressive 357 million mobile banking payments, indicating a pervasive and dynamic adoption of digital financial transactions across the country.

According to Sachin, Senior Research Analyst, 6Wresearch, portable POS terminals have garnered major market revenues and volumes for the year 2023, owing to their flexibility in usage and reduced installation cost.

The Turkey Point of Sale Terminal Market (2024-2030) report provides an in-depth analysis with 14 figures and 7 tables, covering 62 pages. The report comprehensively covers the market by types, technology and applications. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.