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POS Terminal Market in Europe 2016-2020

POS Terminal Market in Europe 2016-2020

About POS

POS terminals allow cashless transactions to sell goods. Retailers use POS terminals to manage information about their customers, cash flows, and inventory. A POS terminal enhances the shopping experience for customers by minimizing the payment processing time and provides companies with information pertaining to the sales of their respective products.

Technavio’s analysts forecast the POS terminal market in Europe to grow at a CAGR of 6.44% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the POS terminal market in Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of POS terminals, transaction fees, and other fees such as monthly fees charged by vendors in Europe.

The market is divided into the following segments based on product:

  • Mobile
  • Fixed
Technavio's report, POS Terminal Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ingenico
  • PAX Technology
  • Verifone
Other prominent vendors
  • ATOS Worldline
  • CyberNet
  • Equinox Payments
  • First Data
  • Keycorp
  • NCR
  • Spire Payments
Market driver
  • Increasing card transactions
  • For a full, detailed list, view our report
Market challenge
  • Misconceptions about EMV POS terminals
  • For a full, detailed list, view our report
Market trend
  • Increased demand for value-added services
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – POS Terminal Market in Europe 2016-2020

Technavio recognizes the following companies as the key players in the POS terminal market in Europe: Ingenico, PAX Technology, and Verifone.

Other Prominent Vendors in the market are: ATOS Worldline, CyberNet, Equinox Payments, First Data, Keycorp, NCR, and Spire Payments.

Commenting on the report, an analyst from Technavio’s team said: “Increased demand for value-added services will be a key trend for market growth. Conventional POS terminal vendors such as Ingenico and Verifone are providing different value-added services to their customers in the form of inventory management, analytics, advertising and marketing assistance, and other related consulting services. This has not only helped them increase the customer base but also retain the existing customers. It is imperative for other vendors, especially card reader providers such as Square, Jusp, and PayAnywhere, to provide such services to their customers in order to survive the market competition.”

According to the report, rising regulatory intervention on secure payments will be a key driver for market growth. Different instances of financial fraud have forced countries to set stringent regulations with respect to security standards. Regulatory bodies have imposed a rule for the recertification of electronic payment systems deployed by retailers and merchants. In Europe, the EMV liability shift rule, which was implemented during 2005-2006, mandates that the issuers and merchants should adopt EMV technology standards, failing which they will be liable to fraud charges in the case of any fraudulent transaction.

Further, the report states that multiple instances of credit and debit card fraud continue to be a major challenge for stakeholders in the market. The most largely affected stakeholder were banks until 2015. However, with the liability shift policy, merchants are liable for losses accounting from fraudulent activities involving card transactions. A large number of developed economies such as Germany, the UK, and France are EMV compliant. However, countries such as the Slovakia, Lithuania, and Finland have yet to fully shift to EMV standards.



Companies Mentioned

Ingenico, PAX Technology, Verifone, ATOS Worldline, CyberNet, Equinox Payments, First Data, Keycorp, NCR, Spire Payments.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Definitions
      • Table Type of enterprises
    • Base year and forecast period
    • Compliance segmentation
    • Product segmentation
    • End-user segmentation
    • Vendor segmentation
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Workflow of POS terminals
  • Market landscape
    • Market overview
      • Table POS terminal market in Europe
    • POS industry overview
      • Table POS terminals transaction process
      • Table Ecosystem of POS terminals
      • Table Supply chain
      • Table Scenarios of counterfeit fraud liability shift
      • Table Lost/stolen fraud liability shift
    • Market size and forecast
      • Table POS terminals market in Europe by revenue 2015-2020 ($ billions)
      • Table POS terminals market in Europe by unit shipment 2015-2020 (millions of units)
      • Table ASP of POS terminals in Europe 2015-2020 ($)
    • Five forces analysis
      • Table Five forces analysis
  • Mobile card readers: A major hindrance
    • Reduction in transaction costs
      • Table Comparison of fees charged by mobile card reader vendors and banks
    • Shift from card reader providers to business solutions providers
  • Market segmentation by EMV compliance
    • Table POS terminals market by EMV compliance in Europe by shipment 2015
    • Table POS terminals market by EMV compliance in Europe by shipment 2015-2020 (% share)
    • Table POS terminals market by EMV compliance in Europe by shipment 2015-2020 (millions of units)
    • EMV POS terminals market in Europe
      • Table EMV POS terminals market in Europe 2015-2020
    • Non-EMV POS terminals market in Europe
      • Table Non-EMV POS terminals market in Europe 2015-2020
      • Table Cost benefit analysis of EMV POS terminals for base year 2015
  • Market segmentation by product
    • Table POS terminals market by product in Europe by shipment 2015
    • Table POS terminals market by product in Europe by shipment 2015-2020 (% share)
    • Table POS terminals market by product in Europe by shipment 2015-2020 (millions of units)
    • Mobile POS terminals market in Europe
      • Table Mobile POS terminals market in Europe 2015-2020
    • Fixed EMV POS terminals market in Europe
      • Table Non-EMV POS terminals market in Europe 2015-2020
  • Market segmentation by end-user
    • Table POS terminals market by end-user in Europe 2015-2020
    • Retail
      • Table POS terminals market by retail sector in Europe 2015
    • Hospitality
  • Key leading countries
    • Table Key leading countries
    • Table POS percentage of total transactions: Western Europe
    • Table POS percentage of total transactions: Eastern Europe
  • Market drivers
    • Large potential customer base
      • Table Percentage share of MSMEs by major countries/regions 2015
    • Increasing card transactions
      • Table Payment transaction methods used by consumers globally 2015 and 2020
      • Table Global volume of payment cards 2015-2020 (billions of units)
      • Table Global transaction volume of payment cards 2015-2020 ($ trillions)
    • Rising regulatory intervention on secure payments
    • Increasing e-commerce transactions
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Increased adoption of mobile card readers
      • Table Mobile card reader market in Europe 2015-2020 ($ billions)
    • Increase in payment-card-related fraud
      • Table Global payment card fraud losses 2015-2020 ($ billions)
      • Table Payment card fraud losses in Europe 2015-2020 ($ billions)
    • Misconceptions about EMV POS terminals
    • Slow adoption rate of EMV POS terminals
    • Growing number of online transactions
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Wider adoption of contactless payment systems
      • Table Number of mobile devices with NFC technology 2015-2020 (millions of units)
      • Table Number of mobile devices with NFC technology 2015-2020
    • Increased demand for value-added services
    • Increased adoption of cloud-based solutions
  • Vendor landscape
    • Competitive scenario
    • Major vendors
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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