France POS Terminal Market Insights Forecasts to 2033

• The France POS Terminal Market Size is Expected to Hold Significant Share by 2023.
• The Market is Growing at a CAGR of 13.4% from 2023 to 2033
• The France POS Terminal Market Size is Expected to Hold a Significant Share by 2033

The France POS Terminal Market Size is Anticipated to Hold a Significant Share by 2033, Growing at a CAGR of 13.4% from 2023 to 2033.

Market Overview

A point-of-sale (POS) terminal is an electronic device that accepts credit cards at a variety of locations, including retail stores, gas stations, hotels, restaurants, resorts, pharmacies, and hospitals. Legacy software (on-site server), cloud computing terminals, mobile terminals, and self-service terminals are some of the POS terminal types available on the market. Some of the key features of a POS system include invoicing, inventory management, consumer and supplier order management, multi-store management, and point-of-sale security. Smart POS terminals are extremely dependable and provide a superior user experience. Virtual POS terminals do not require the purchase or installation of additional hardware or software. They do not require maintenance and provide an easy way to manage remote payments. The point-of-sale (POS) terminal market in France is expanding rapidly and is expected to continue its upward trend in the coming years. POS terminals are electronic devices used in retail stores, restaurants, and other businesses to process transactions such as credit and debit card payments. These terminals have become an essential component of modern business operations, providing convenience and efficiency when processing customer payments.

Report Coverage

This research report categorizes for the France POS terminal market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France POS terminal market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France POS terminal market.

Driving Factors

The increase in contactless payments has prompted the introduction of mobile POS (mPOS) terminals that accept payments directly from consumers' cell phones. The rising popularity of mobile POS terminals has created new opportunities for market expansion. The market has benefited from these technologies' higher ROI and ease of use. Product adoption has been boosted by increased demand for inventory tracking, online and in-store sales integration, and employee and customer management. The surge in interest in low-cost wireless communication technology has driven up demand for POS terminals. POS systems use wireless devices to accept payments for goods and services. Wireless technology can help to streamline a variety of activities, including restaurants and taxi services. Businesses in the hospitality and retail industries use POS terminals for payments as well as other operational tasks such as inventory control, sales tracking, and accounting.

Restraining Factors

Implementing POS terminals necessitates a significant upfront investment, which includes the cost of hardware, software, and ongoing support. This cost can deter small and medium-sized businesses with limited financial resources, stifling market growth to some extent.

Market Segmentation

The France POS terminal market share is classified into component and deployment

• The hardware segment is expected to hold the largest market share through the forecast period.

The France POS terminal market is segmented by component into hardware, software, and services. Among these, the hardware segment is expected to hold the largest market share through the forecast period. EFT-POS machines, network devices, barcode scanners, cash drawers, receipt printers, tablets, and monitors are examples of hardware components that register transaction details. The fixed POS terminal contains the majority of the hardware components required to complete the system and improves the experience of managing daily activity with the system.

• The cloud segment is expected to dominate the France POS terminal market during the forecast period.       

Based on the deployment, the France POS terminal market is divided into cloud and on-premise. Among these, the cloud segment is expected to dominate the France POS terminal market during the forecast period. This growth is attributed to the increasing use of SaaS technology and software integration. Customers in the SaaS model pay a minimum monthly fee on a subscription basis rather than in advance for all software, hardware, and support services. This allows restaurants and other end users to reduce their upfront costs.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France POS terminal market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Ingenico Group (Worldline)
• PayXpert LTD
• Zettle (PayPal)
• SumUp Limited
• PAX Technology
• Verifone Systems, Inc.
• Toshiba Corporation
• PAX Technology
• Newland Payment Technology
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France POS terminal market based on the below-mentioned segments:

France POS Terminal Market, By Component

• Hardware
• Software
• Services

France POS Terminal Market, By Deployment

• Cloud
• On-premise