Global 6Wresearch Market Reports

UAE Point-of-Sale Terminal Market Overview UAE Point-of-Sale Terminal market is expected to register growth over the coming years on account of booming cashless economy supported by government initiatives like the national payments strategy and UAE National Innovation Strategy. However, the market registered a decline in the year 2020 due to the spread of COVID-19 pandemic which resulted in a significant downfall in demand from offline retail, hospitality and entertainment sectors owing to nation wise lockdowns imposed throughout the pandemic. According to 6Wresearch, UAE Point-of-Sale Terminal market size grew at a CAGR of 6.5% during 2022-28. UAE POS terminal market is anticipated to register substantial growth over the forecast period owing to the rising acceptance of credit cards and debit cards as mode of payments. UAE government have been investing worth billions in their electronic infrastructure through increased roll out of cards, POS terminals and other electronic payment m...