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Turkey Point Of Sale Terminals Market 2024-2030 Growth, Size, Industry, Revenue, Share, Analysis, Forecast, Value, Trends & Companies: Market Forecast By Types, By Technology, By Application and Competitive Landscape

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    Report

  • 62 Pages
  • March 2024
  • Region: Turkey
  • 6W Research
  • ID: 5955189

Turkey Point of Sale Terminal Market Synopsis

Turkey Point of Sale Terminal market has experienced significant growth in recent years due to the growing preference for credit and debit cards as primary payment methods. The government has supported this trend through infrastructure improvements, financial inclusion programs, and digitalization efforts. By December 2022, 94 million people were using mobile banking services, with 357 million transactions in the last quarter. Turkey's economy heavily relies on private consumption, accounting for over 55% of GDP. Government measures, including employment and credit support initiatives, have led to low-interest-rate policies encouraging borrowing and spending.

According to this research, Turkey Point of Sale Terminal Market size is projected to grow at a CAGR of 6.0% during 2024E-2030F. The Turkey Point of Sale Terminal industry is expected to experience significant growth in the coming years due to the increasing adoption of cloud-based technologies and technological advancements. The digital payments market is projected to grow by 15.78% from 2023 to 2027, reaching a market volume of US $136.90 billion by 2027. The e-commerce sector is also experiencing a surge, with forecasts indicating a substantial increase to $55.2 billion by 2025, driven by a 24% annual growth rate. This growth is a result of consumer shift towards online shopping and the demand for efficient and secure terminals.

Market Segmentation by Types

Portable Point of Sale Terminals have a dominant share in the overall Turkey market, while fixed terminals also have a significant share in the market on account of the enormous retail infrastructure of the country.

Market Segmentation by Technology

Countertop Point of Sale Terminals have a dominant volume share in the Turkey market, while integrated terminals have acquired a major share of revenue owing to the high cost of these systems, and these are also widely deployed in major retail outlets in the country.

Market Segmentation by Application

The retail and hospitality sectors attained a significant chunk of the market revenue share in 2023, and it is anticipated that it will keep that position throughout the projection period owing to the widespread use of payment cards for retail purchases and hotel checkouts to save time and hassle-free transactions.

Key Attractiveness of the Report

  • 11 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Turkey Point of Sale Terminal Market Overview
  • Turkey Point of Sale Terminal Market Outlook
  • Turkey Point of Sale Terminal Market Forecast
  • Historical Data and Forecast of Turkey Point of Sale Terminal Market Revenue & Volume, for the Period 2020-2030F
  • Historical Data and Forecast of Turkey Point of Sale Terminal Market Revenue & Volume, By Technology, for the Period 2020-2030F
  • Historical Data and Forecast of Turkey Point of Sale Terminal Market Revenue & Volume, By Types, for the Period 2020-2030F
  • Historical Data and Forecast of Turkey Point of Sale Terminal Market Revenue & Volume, By Applications, for the Period 2020-2030F
  • Market Drivers and Restraints
  • Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of COVID-19
  • Turkey Point of Sale Terminal Market Opportunity Assessment
  • Turkey Point of Sale Terminal Market Company Ranking, By Revenue
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Fixed
  • Portable

By Technology

  • Counter Top
  • Integrated
  • Smart
  • Mobile

By Application

  • Retail
  • Entertainment
  • Hospitality
  • Healthcare
  • Others (Fuel Stations, Constructions, etc.)

Table of Contents

1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Turkey Point-of-Sale Terminal Market Overview
3.1 Turkey Point-of-Sale Terminal Market Revenues and Volume (2020-2030F)
3.2 Turkey Point-of-Sale Terminal Market Industry Life Cycle
3.3 Turkey Point-of-Sale Terminal Market Porter Five Forces
4. Turkey Point-of-Sale Terminal Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Turkey Point-of-Sale Terminal Market Evolution
6. Turkey Point-of-Sale Terminal Market Overview, By Types
6.1 Turkey Point-of-Sale Terminal Market Revenue and Volume Share, By Types (2023 & 2030F)
6.1.1 Turkey Point-of-Sale Terminal Market Revenue and Volume Share, By Portable (2023 & 2030F)
6.1.2 Turkey Point-of-Sale Terminal Market Revenue and Volume Share, By Fixed (2023 & 2030F)
6.2 Turkey Point-of-Sale Terminal Market Revenues and Volume, By Types (2020-2030F)
6.2.1 Turkey Point-of-Sale Terminal Market Revenues and Volume, By Portable (2020-2030F)
6.2.2 Turkey Point-of-Sale Terminal Market Revenues and Volume, By Fixed (2020-2030F)
7. Turkey Point-of-Sale Terminal Market Overview, By Technology
7.1 Turkey Point-of-Sale Terminal Market Revenue and Volume Share, By Technology (2023 & 2030F)
7.1.1 Turkey Point-of-Sale Terminal Market Revenue and Volume Share, By Countertop (2023 & 2030F)
7.1.2 Turkey Point-of-Sale Terminal Market Revenue and Volume Share, By Integrated (2023 & 2030F)
7.1.3 Turkey Point-of-Sale Terminal Market Revenue and Volume Share, By mPOS (2023 & 2030F)
7.1.4 Turkey Point-of-Sale Terminal Market Revenue and Volume Share, By Smart POS (2023 & 2030F)
7.2 Turkey Point-of-Sale Terminal Market Revenues and Volume, By Technology (2020-2030F)
7.2.1 Turkey Point-of-Sale Terminal Market Revenues and Volume, By Countertop (2020-2030F)
7.2.2 Turkey Point-of-Sale Terminal Market Revenues and Volume, By Integrated (2020-2030F)
7.2.3 Turkey Point-of-Sale Terminal Market Revenues and Volume, By mPOS (2020-2030F)
7.2.4 Turkey Point-of-Sale Terminal Market Revenues and Volume, By Smart POS (2020-2030F)
8. Turkey Point-of-Sale Terminal Market Overview, By Applications
8.1 Turkey Point-of-Sale Terminal Market Revenue Share and Revenues, By Applications (2020-2030F)
8.1.1 Turkey Point-of-Sale Terminal Market Revenues, By Retail (2020-2030F)
8.1.2 Turkey Point-of-Sale Terminal Market Revenues, By Entertainment (2020-2030F)
8.1.3 Turkey Point-of-Sale Terminal Market Revenues, By Hospitality (2020-2030F)
8.1.4 Turkey Point-of-Sale Terminal Market Revenues, By Healthcare (2020-2030F)
8.1.5 Turkey Point-of-Sale Terminal Market Revenues, By Others (2020-2030F)
9. Turkey Point-of-Sale Terminal Market Key Performance Indicators
10. Turkey Point-of-Sale Terminal Market Opportunity Assessment
10.1 Turkey Point-of-Sale Terminal Market Opportunity Assessment, By Types (2030F)
10.2 Turkey Point-of-Sale Terminal Market Opportunity Assessment, By Technology (2030F)
10.3 Turkey Point-of-Sale Terminal Market Opportunity Assessment, By Applications (2030F)
11. Turkey Point-of-Sale Terminal Market Competitive Benchmarking
11.1 Turkey Point-of-Sale Terminal Market Revenue Rankings (2023), By Top 3 Companies
11.2 Turkey Point-of-Sale Terminal Market Competitive Benchmarking, By Operating Parameters
12. Company Profiles13. Key Strategic Recommendations14. Disclaimer
List of Figures
Turkey Point-of-Sale Terminal Market Revenues and Volume, 2020-2030F ($ Million, Thousand Units)
Turkey E-commerce Market Volume and Share in Total Retail, 2019-2026F ($ Billion)
Turkey Fintechs, By Vertical, 2023
Turkey E-Commerce Payment Method Breakdown, By Percentage, 2023
Turkey Internet Penetration, 2018-2022
Turkey Point-of-Sale Terminal Market Revenue Share, By Types, 2023 & 2030F
Turkey Point-of-Sale Terminal Market Volume Share, By Types, 2023 & 2030F
Turkey Point-of-Sale Terminal Market Revenue Share, By Technology, 2023 & 2030F
Turkey Point-of-Sale Terminal Market Volume Share, By Technology, 2023 & 2030F
Turkey Point-of-Sale Terminal Market Revenue Share, By Applications, 2023 & 2030F
Growth Rate of Online Sales in Turkey By Category, 2022
Turkey Consumer Shopping Trends and Analysis, 2022
Turkey Visitors Average expenditure per capita (US$)
Turkey Point-of-Sale Terminal Market Revenue Ranking, By Companies, 2023
List of Tables
Turkey Point-of-Sale Terminal Market Revenues, By Types, 2020-2030F($ Million)
Turkey Point-of-Sale Terminal Market Volume, By Types, 2020-2030F (Thousand Units)
Turkey Point-of-Sale Terminal Market Revenues, By Technology, 2020-2030F, ($ Million)
Turkey Point-of-Sale Terminal Market Volume, By Technology, 2020-2030F, (Thousand Units)
Turkey Point-of-Sale Terminal Market Revenues, By Applications, 2020-2030F, ($ Million)
Turkey Tourism Snapshot (Q1 2023 vs Q1 2022)
Turkey Hotel Occupancy Rate, 2022

Companies Mentioned

  • Verifone Systems, Inc
  • PAX Technology
  • Diebold Nixdorf INC
  • Toshiba Corporation
  • Ingenico Group
  • Square, Inc.