What is the current Saudi Arabia POS Terminal Market size?

The Saudi Arabia POS Terminal Market is projected to register a CAGR of 10.62% during the forecast period (2024-2029) Read More

Who are the key players in Saudi Arabia POS Terminal Market?

PAX Middle East, Geidea Solutions, VeriFone, Inc., Ingenico (Worldline) and Datecs Ltd. are the major companies operating in the Saudi Arabia POS Terminal Market. Read More

What years does this Saudi Arabia POS Terminal Market cover?

The report covers the Saudi Arabia POS Terminal Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia POS Terminal Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the future opportunities in the Saudi Arabia POS Terminal Market?

Future opportunities in POS Terminal Market in Saudi Arabia are a) The expansion of mobile POS systems b) Increased integration with e-commerce platforms c) Development of advanced security features to protect against fraud and cyber threats Read More

Saudi Arabia POS Terminal Market Report | Industry Analysis, Size & Growth Trends

Saudi Arabia POS Terminal Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Saudi Arabia Point of Sale (POS) Terminal Companies and the market is segmented by type (fixed point-of-sale terminals and mobile/portable point-of-sale terminals) and by end-user industry (retail, hospitality, and healthcare). The study tracks the number of POS terminals in the country. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

Saudi Arabia POS Terminal Industry Overview

The Saudi Arabian POS Terminal Market is moderately competitive, with a considerable number of regional players. The companies leverage strategic collaborative initiatives, acquisitions, and product launches to increase market share and profitability.

In January 2023, Ingenico announced a strategic partnership with Klarna to facilitate the rollout of Klarna's flexible payment options at the point of sale utilizing PPaaS, Ingenico's innovative cloud Payments Platform as a Service.

In June 2022, Geidea, one of the leading fintech companies in Saudi Arabia, announced that it entered a strategic partnership with Nayifat, one of KSA's pioneers in the financing space. Through this collaboration, Geidea was expected to provide Nayifat's customers with a full suite of POS solutions. This will likely empower merchants to accept payments via numerous methods - including contactless cards and wearable devices through Geidea's POS terminals and Tap-on-Phone solutions.