Saudi Arabia PoS terminal market size reached USD 1,098.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,538.7 Million by 2033, exhibiting a growth rate (CAGR) of 9.8% during 2025-2033. The widespread adoption of digital payments and financial technology to reduce reliance on cash transactions is primarily driving the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1,098.0 Million |
Market Forecast in 2033 | USD 2,538.7 Million |
Market Growth Rate (2025-2033) | 9.8% |
A point of sale (PoS) terminal is a hardware and software combination used in the retail and service industry to facilitate transactions between businesses and customers. At its core, it serves as the endpoint where a customer makes a payment for products or services they have received. It typically includes a computer or tablet-like device with specialized PoS software, a cash register or card reader, and often a receipt printer. PoS terminals are versatile and support various payment methods, including cash, credit cards, debit cards, mobile payments, and digital wallets. These systems are integral to managing sales, inventory, and financial records, providing businesses with valuable data for decision-making and enhancing the overall customer experience. Additionally, PoS terminals play a critical role in ensuring the security and accuracy of financial transactions, making them a fundamental component of modern commerce.
The PoS market in Saudi Arabia is a burgeoning and rapidly evolving sector within the country's retail and payment industry. PoS systems have become an essential tool for businesses across various sectors, including retail, hospitality, and healthcare, as they enable efficient and secure payment processing, which is acting as another significant growth-inducing factor. Additionally, key factors contributing to the growth of the Saudi Arabian PoS market include the country's economic diversification efforts, a thriving retail sector driven by consumer spending, and government initiatives promoting digital payments and financial technology adoption. With the Saudi government's Vision 2030 program emphasizing the importance of digital transformation and cashless payments, businesses are increasingly adopting advanced PoS solutions to streamline operations and enhance customer experiences. As the retail landscape continues to modernize, the PoS market in Saudi Arabia is expected to expand further, offering opportunities for both local and international service providers to cater to the evolving needs of businesses and consumers.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type and end use industry.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes fixed point-of-sale systems and mobile/portable point-of-sale systems.
End Use Industry Insights:
A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes retail, hospitality, healthcare, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million UISD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Fixed Point-of-Sale Systems, Mobile/Portable Point-of-Sale Systems |
End Use Industries Covered | Retail, Hospitality, Healthcare, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email |