Middle East & Africa Cloud Pos Market Size & Outlook
The cloud pos market in Middle East & Africa is expected to reach a projected revenue of US$ 1,049.8 million by 2030. A compound annual growth rate of 17.9% is expected of Middle East & Africa cloud pos market from 2024 to 2030.
Revenue, 2023 (US$M)
$331.0
Forecast, 2030 (US$M)
$1,049.8
CAGR, 2024 - 2030
17.9%
Report Coverage
Middle East & Africa
Middle East & Africa cloud pos market, 2018-2030 (US$M)
MEA cloud pos market highlights
- The MEA cloud pos market generated a revenue of USD 331.0 million in 2023.
- The market is expected to grow at a CAGR of 17.9% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 331.0 million |
| Market revenue in 2030 | USD 1,049.8 million |
| Growth rate | 17.9% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
| Key market players worldwide | Block Inc Class A, Intuit Inc, Shopify Inc Registered Shs -A- Subord Vtg, Lightspeed Commerce Inc Ordinary Shares (Sub Voting), Clover Health Investments Corp Ordinary Shares - Class A, Toshiba Corporation, NEC Corp, NCR Voyix Corp, Oracle Corp, Pax Global Technology Ltd, Samsung Electronics Co Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.0% of the global cloud pos market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,287.7 million by 2030.
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Cloud PoS Market Scope
Cloud pos market segmentation & scope
Type
Fixed POS
Mobile POS
Enterprise Size
SMEs
Large Enterprises
End Use
Restaurants
Hospitality
Healthcare
Retail
Warehouse
Entertainment
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
Australia
South Korea
Brazil
South Africa
Saudi Arabia
UAE
Cloud PoS Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa cloud pos market
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Related regional statistics
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