Saudi Arabia POS Terminal Market Share

Statistics for the 2023 & 2024 Saudi Arabia POS Terminal market share, created by Mordor Intelligence™ Industry Reports. Saudi Arabia POS Terminal share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Saudi Arabia POS Terminal Industry

The Saudi Arabian POS Terminal Market is moderately competitive, with a considerable number of regional players. The companies leverage strategic collaborative initiatives, acquisitions, and product launches to increase market share and profitability.

In January 2023, Ingenico announced a strategic partnership with Klarna to facilitate the rollout of Klarna's flexible payment options at the point of sale utilizing PPaaS, Ingenico's innovative cloud Payments Platform as a Service.

In June 2022, Geidea, one of the leading fintech companies in Saudi Arabia, announced that it entered a strategic partnership with Nayifat, one of KSA's pioneers in the financing space. Through this collaboration, Geidea was expected to provide Nayifat's customers with a full suite of POS solutions. This will likely empower merchants to accept payments via numerous methods - including contactless cards and wearable devices through Geidea's POS terminals and Tap-on-Phone solutions.

Saudi Arabia POS Terminal Market Leaders

  1. PAX Middle East

  2. Geidea Solutions

  3. VeriFone, Inc.

  4. Ingenico (Worldline)

  5. Datecs Ltd.

*Disclaimer: Major Players sorted in no particular order

Saudi Arabia POS Terminal Market Concentration

Saudi Arabia POS Terminal Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)