South Africa POS Terminal Market report thoroughly covers the market by technology, types, applications, and regions. The report provides an unbiased and detailed analysis of the ongoing South Africa POS terminal market trends, opportunities, high growth areas, market drivers, and market revenue share ranking by companies, which would help stakeholders to devise and align market strategies according to the current and future market dynamics.
South Africa POS Terminal Market Synopsis
South Africa POS terminal market witnessed steady growth during 2018-19, owing to increased card transaction volume in the retail, entertainment & hospitality sectors. In 2020, South Africa POS terminal market was negatively impacted by the COVID-19 pandemic outburst, which resulted in a temporary shutdown of retail stores. Also, most of the new projects in the offline retail and hospitality sector were halted, resulting in a fall in demand for POS terminals. However, the market revived soon and is expected to grow further during the forecast period on account of the expansion of the retail sector and rapid growth in non-cash transactions post-covid.
According to the publisher, South Africa POS Terminal Market size is projected to grow at a CAGR of 9.9% during 2022-2028. South Africa POS terminal market would likely experience substantial growth in the forthcoming period owing to the shift in consumer behavior accelerated by the COVID-19 pandemic towards the non-cash mode of payments as the country's payments infrastructure is evolving. Further, the growing preference for adopting cashless methods of transactions among the end-users on account of hassle-free transactions would drive the market growth for POS terminals in the future.
Market by Product Types Analysis
By types, Countertop POS terminals dominated the South Africa POS terminal market revenues for the year 2021 owing to the wide application of these payment terminals in the retail and hospitality industries, where most payments are frequently processed in a fixed position on their premises. Additionally, the improvements in technological features have augmented the acceptability of mPOS terminals. Further, the growing preference for the mobile point-of-sale terminal as a payment alternative in E-commerce deliveries would further boost the market's growth in the forthcoming period.
Market by Region Analysis
By regions, the Gauteng region garnered the majority of market share for the year 2021 and would continue to dominate the market in the forthcoming years as the province is considered the financial hub of South Africa and contributes heavily to the economic, manufacturing, transport, technology, and telecommunications sectors, among others. Gauteng also hosts many overseas companies requiring a commercial base in and gateway to Africa. Further, the KwaZulu Natal region is expected to witness the highest growth in the forthcoming period on the back of planned massive infrastructure projects over the following years in the province.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2018 to 2021.
- Base Year: 2021
- Forecast Data until 2028.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- South Africa POS terminal Market Overview
- South Africa POS terminal Market Outlook
- South Africa POS terminal Market Forecast
- South Africa POS terminal Market Growth
- South Africa POS terminal Market Share
- Historical Data and Forecast of South Africa POS terminal Market Revenues for the Period 2018-2028F
- Historical Data and Forecast of South Africa POS terminal Market Revenues, By Technology for the Period 2018-2028F
- Historical Data and Forecast of South Africa POS terminal Market Revenues, By Types for the Period 2018-2028F
- Historical Data and Forecast of South Africa POS terminal Market Revenues, By applications for the Period 2018-2028F
- Historical Data and Forecast of South Africa POS terminals Market Revenues, By Regions for the Period 2018-2028F
- COVID-19 Impact on South Africa POS terminals Market
- South Africa POS terminals Market Drivers and Restraints
- South Africa POS terminals Market Trends
- South Africa POS terminals Market Porter’s Five Forces
- South Africa POS terminals Market Industry Life Cycle
- South Africa POS terminals Market Opportunity Assessment
- South Africa POS terminals Market Revenue Ranking, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Technology
- Fixed
- Portable
By Types
- CounterTop
- Integrated
- Smart
- Mobile
By Applications
- Retail
- Entertainment
- Hospitality
- Healthcare
- Others (Fuel Stations, Construction, etc.)
By Regions
- Western Cape
- Gauteng
- KwaZulu Natal
- Rest of South Africa
Table of Contents
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of the Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. South Africa Point-of-Sale Terminal Market Overview
3.1. South Africa Point-of-Sale Terminal Market Revenues (2018-2028F)
3.2. South Africa Point-of-Sale Terminal Market Industry Life Cycle
3.3. South Africa Point-of-Sale Terminal Market Porter’s Five Forces Model
3.4. South Africa Point-of-Sale Terminal Market Revenue Share, By Technology (2021 & 2028F)
3.5. South Africa Point-of-Sale Terminal Market Revenue Share, By Types (2021 & 2028F)
3.6. South Africa Point-of-Sale Terminal Market Revenue Share, By Applications (2021 & 2028F)
3.7. South Africa Point-of-Sale Terminal Market Revenue Share, By Regions (2021 & 2028F)
4. Impact Analysis of COVID-19 on South Africa Point-of-Sale Terminal Market
5. South Africa Point-of-Sale Terminal Market Dynamics
5.1. Impact Analysis
5.2. Market Drivers
5.3. Market Restraints
6. South Africa Point-of-Sale Terminal Market Evolution
7. South Africa Point-of-Sale Terminal Market Overview, By Technology
7.1. South Africa Point-of-Sale Terminal Market Revenues, By Fixed POS, (2018-28F)
7.2. South Africa Point-of-Sale Terminal Market Revenues, By Portable POS, (2018-28F)
8. South Africa Point-of-Sale Terminal Market Overview, By Types
8.1. South Africa Point-of-Sale Terminal Market Revenues, By CounterTop POS, (2018-28F)
8.2. South Africa Point-of-Sale Terminal Market Revenues, By Integrated POS, (2018-28F)
8.3. South Africa Point-of-Sale Terminal Market Revenues, By Smart POS, (2018-28F)
8.4. South Africa Point-of-Sale Terminal Market Revenues, By Mobile POS, (2018-28F)
9. South Africa Point-of-Sale Terminal Market Overview, By Applications
9.1. South Africa Point-of-Sale Terminal Market Revenues, By Retail, (2018-28F)
9.2. South Africa Point-of-Sale Terminal Market Revenues, By Hospitality, (2018-28F)
9.3. South Africa Point-of-Sale Terminal Market Revenues, By Entertainment, (2018-28F)
9.4. South Africa Point-of-Sale Terminal Market Revenues, By Healthcare, (2018-28F)
9.5. South Africa Point-of-Sale Terminal Market Revenues, By Others, (2018-28F)
10. South Africa Point-of-Sale Terminal Market Overview, By Regions
10.1. South Africa Point-of-Sale Terminal Market Revenues, By Western Cape, (2018-28F)
10.2. South Africa Point-of-Sale Terminal Market Revenues, By Gauteng, (2018-28F)
10.3. South Africa Point-of-Sale Terminal Market Revenues, KwaZulu Natal, (2018-28F)
10.4. South Africa Point-of-Sale Terminal Market Revenues, Rest of South Africa, (2018-28F)
11. South Africa Point-of-Sale Terminal Market Key Performance Indicators
12. South Africa Point-of-Sale Terminal Market Opportunity Assessment
12.1. South Africa Point-of-Sale Terminal Market Opportunity Assessment, By Technology
12.2. South Africa Point-of-Sale Terminal Market Opportunity Assessment, By Types
12.3. South Africa Point-of-Sale Terminal Market Opportunity Assessment, By Applications
12.4. South Africa Point-of-Sale Terminal Market Opportunity Assessment, By Regions
13. South Africa Point-of-Sale Terminal Market - Competitive Landscape
13.1. South Africa Point-of-Sale Terminal Market Revenue Ranking, 2021
13.2. South Africa Point-of-Sale Terminal Market Competitive Benchmarking, By Operating and Technical Parameters
14. Company Profiles
14.1. Micros SA (Pty) Ltd
14.2. GAAP Point of Sale (Pty) Ltd
14.3. Arch Retail Systems
14.4. Pilot Software Holdings Pty Ltd
14.5. Pinnacle Micro (Pty) Ltd
14.6. Posiflex Technology Inc.
14.7. Odyssey Software
14.8. YOCO
14.9. HP Inc.
14.10. Titan HRS
15. Key Strategic Recommendations
16. Disclaimer
List of Figures
Figure 1. South Africa Point-of-Sale Terminal Market Revenues, 2018-2028F (USD Million)
Figure 2. South Africa Point-of-Sale Terminal Market Revenue Share, By Technology, 2021 & 2028F
Figure 3. South Africa Point-of-Sale Terminal Market Revenue Share, By Types, 2021 & 2028F
Figure 4. South Africa Point-of-Sale Terminal Market Revenue Share, By Applications, 2021 & 2028F
Figure 5. South Africa Point-of-Sale Terminal Market Revenue Share, By Regions, 2021 & 2028F
Figure 6. South Africa food and beverages sales and growth rate, 2017-22E (USD Billion)
Figure 7. South Africa total income from tourism accommodation and growth rate, 2017-21 (USD Billion)
Figure 8. South Africa active number of credit and debit card users, 2021 (Million)
Figure 9. South African card payments value, 2019-2025F (USD million)
Figure 10. South Africa Transaction point of sale purchases volume Split, By Cash vs Non-Cash, 2020 vs 2024F
Figure 11. South Africa Smartphone penetration (% of adult population)
Figure 12. South Africa gross fraud losses (Credit & Debit), 2021 (Million)
Figure 13. South Africa credit card fraud by region in 2020
Figure 14. South Africa debit card fraud by region in 2020
Figure 15. South Africa retail sales and growth rate, 2017-22E (USD Billion)
Figure 16. South Africa E-commerce market size (in USD Billion), 2015-2025F
Figure 17. South Africa active internet users (in Million), 2017-2022E
Figure 18. South Africa Point-of-Sale Terminal Market Opportunity Assessment, By Technology, 2028F
Figure 19. South Africa Point-of-Sale Terminal Market Opportunity Assessment, By Types, 2028F
Figure 20. South Africa Point-of-Sale Terminal Market Opportunity Assessment, By Applications, 2028F
Figure 21. South Africa Point-of-Sale Terminal Market Opportunity Assessment, By Region, 2028F
Figure 22. South Africa Point-of-Sale Terminal Market Revenue Ranking, By Companies (2021)
Figure 23. South Africa Number of Stores By retailers in 2021
List of Tables
Table 1. Payment methods used by South African small businesses
Table 2. South Africa growth of cashless businesses by industry, during COVID-19
Table 3. South Africa Point-of-Sale Terminal Market Revenues, By Technology, 2018-2028F (USD million)
Table 4. South Africa Point-of-Sale Terminal Market Revenues, By Types, 2018-2028F (USD million)
Table 5. South Africa Point-of-Sale Terminal Market Revenues, By Applications, 2018-2028F (USD million)
Table 6. South Africa Point-of-Sale Terminal Market Revenues, By Regions, 2018-2028F (USD million)
Table 7. South Africa Retail Sales by type of retailers, Jan-22-Jun-22 (USD Million)
Companies Mentioned
- Micros SA (Pty) Ltd
- GAAP Point of Sale (Pty) Ltd
- Arch Retail Systems
- Pilot Software Holdings Pty Ltd
- Pinnacle Micro (Pty) Ltd
- Posiflex Technology Inc.
- Odyssey Software
- YOCO
- HP Inc.
- Titan HRS
