Knowledge Hub

POS Terminal Market In Europe to grow at a CAGR of 6.44% during the period 2016-2020.

Press Release   •   Oct 13, 2016 09:41 EDT


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.

Technavios 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:



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.

Download Detail Report With Complete TOC at:

Key vendors


PAX Technology


Other prominent vendors

ATOS Worldline


Equinox Payments

First Data



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?