Saudi Arabia PoS Terminal Market to Reach USD 2,538.70 Million by 2033, Growing at a CAGR of 9.80%

Saudi Arabia PoS Terminal Market Overview

Market Size in 2024: USD 1,098.00 Million

Market Size in 2033: USD 2,538.70 Million

Market Growth Rate 2025-2033: 9.80%

According to IMARC Group's latest research publication, "Saudi Arabia PoS Terminal Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Saudi Arabia PoS terminal market size was valued at USD 1,098.00 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,538.70 Million by 2033, exhibiting a CAGR of 9.80% during 2025-2033.

How AI is Reshaping the Future of Saudi Arabia PoS Terminal Market

● Advancing Predictive Analytics: AI-powered PoS systems are analyzing transaction patterns to predict customer behavior and optimize inventory management, helping retailers reduce waste and improve stock availability by up to 25%.

● Enhancing Fraud Detection: Machine learning algorithms integrated into PoS terminals are identifying suspicious transaction patterns in real-time, reducing payment fraud incidents and strengthening security protocols across the Kingdom's retail ecosystem.

● Optimizing Payment Processing: AI-driven payment routing systems are selecting the most efficient payment processors for each transaction, reducing processing times by 40% and minimizing transaction fees for merchants.

● Personalizing Customer Experiences: Smart PoS terminals equipped with AI are analyzing purchase history to offer personalized promotions and loyalty rewards, increasing customer retention rates and average transaction values.

● Streamlining Business Operations: AI-integrated PoS platforms are automating sales reporting, tax compliance, and inventory updates, enabling businesses to focus on customer service while ensuring regulatory compliance with ZATCA requirements.

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Saudi Arabia PoS Terminal Market Trends & Drivers:

Saudi Arabia's PoS terminal market is experiencing explosive growth, driven by the government's ambitious Vision 2030 initiative to transition toward a cashless economy. With 79% of all retail transactions in Saudi Arabia becoming electronic in 2024, up from 70% in 2023 and just 36% in 2019, the Kingdom has achieved one of the fastest digital payment adoption rates globally. The Saudi Central Bank (SAMA) and Saudi Payments system (SPAN) are leading this transformation through the national Mada payment network, which now operates over 225,000 PoS terminals across the Kingdom. The regulatory push for e-invoicing compliance with ZATCA (Zakat, Tax and Customs Authority) and the integration of advanced payment technologies are creating unprecedented demand for sophisticated PoS solutions.

The rapid expansion of e-commerce, projected to grow at 12.8% CAGR and reach USD 708.7 billion by 2033, is fundamentally reshaping payment infrastructure requirements. Mobile and portable PoS systems are gaining significant traction, particularly among small and medium enterprises (SMEs), food delivery services, and pop-up retailers who require flexible payment solutions. The adoption of contactless payments has reached 94% penetration among consumers, with near-field communication (NFC) and tap-to-phone technologies becoming standard features. Strategic partnerships like PayTabs Group's collaboration with Nearpay in February 2024 are accelerating the deployment of Soft PoS solutions, enabling merchants to accept contactless payments through smartphones and tablets without additional hardware investments.

The integration of biometric authentication and advanced security features is revolutionizing transaction safety and customer experience across Saudi Arabia's payment ecosystem. Companies like BMA International have deployed over 1,100 HID DigitalPersona fingerprint readers across Middle Eastern retail outlets, effectively eliminating point-of-sale fraud. The hospitality and tourism sectors, bolstered by religious tourism in Mecca and Medina, are demanding multilingual and sophisticated payment systems. Meanwhile, the healthcare sector's digital transformation is driving adoption of integrated PoS solutions that connect with electronic health records and billing systems, supporting the Kingdom's comprehensive digitalization strategy.

Saudi Arabia PoS Terminal Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

● Fixed Point-of-Sale Systems
● Mobile/Portable Point-of-Sale Systems

End Use Industry Insights:

● Retail
● Hospitality
● Healthcare
● Others

Breakup by Region:

● Northern and Central Region
● Western Region
● Eastern Region
● Southern Region

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Recent News and Developments in Saudi Arabia PoS Terminal Market

● January 2025: The Saudi Central Bank (SAMA) and Google officially signed an agreement to launch Google Pay in Saudi Arabia by 2025, integrating it into the country's national payment system Mada, further expanding digital payment options for consumers and merchants.

● October 2024: NARD POS and MyFatoorah announced a strategic partnership to upgrade retail payment solutions in Saudi Arabia, integrating NARD POS's cloud-based retail management systems with MyFatoorah's payment processing to offer unified sales operations and e-invoice compliance.

● December 2024: Saudi Arabia's PoS usage increased by 17.2% with weekly point-of-sale transactions reaching USD 3.6 billion, demonstrating the rapid acceleration in digital payment adoption across the Kingdom's retail and service sectors.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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