Saudi Arabia Mobile Pos Terminal Market Size & Outlook
Saudi Arabia mobile pos terminal market, 2018-2030 (US$M)
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Saudi Arabia mobile pos terminal market highlights
- The Saudi Arabia mobile pos terminal market generated a revenue of USD 570.4 million in 2023 and is expected to reach USD 1,243.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Mobile pos terminal market data book summary
| Market revenue in 2023 | USD 570.4 million |
| Market revenue in 2030 | USD 1,243.0 million |
| Growth rate | 11.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Fiserv Inc, Hewlett Packard Enterprise Co, Apollo Global Management Inc Class A, NEC Corp, Oracle Corp, Panasonic Holdings Corp, Pax Global Technology Ltd, QVS Software Inc, Samsung Electronics Co Ltd, Toshiba Corporation, Spectra Systems Corp, Francisco Partners, Zebra Technologies Corp Class A |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.4% of the global mobile pos terminal market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE mobile pos terminal market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,088.3 million by 2030.
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Mobile POS Terminal Market Scope
Mobile POS Terminal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia mobile pos terminal market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mobile pos terminal market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 70.69% in 2023. Horizon Databook has segmented the Saudi Arabia mobile pos terminal market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia's Communications and Information Technology Commission (CITC) unveiled a satellite communications technologies roadmap as part of the country's Vision 2030 initiative.
The roadmap outlines the country's plans to develop and deploy advanced satellite communication technologies, including High-Throughput Satellites (HTS), Low Earth Orbit (LEO) satellites, and satellite internet services. The initiative aims to enhance Saudi Arabia's capabilities in space technology and promote innovation in the satellite communications sector.
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Our clientele includes a mix of mobile pos terminal market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia mobile pos terminal market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia mobile pos terminal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia mobile pos terminals market size, by component, 2018-2030 (US$M)
Saudi Arabia Mobile POS Terminal Market Outlook Share, 2023 & 2030 (US$M)
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