European POS Terminal Market – 2024

By Lee Holman Mar 8, 2024 3 Min Read

The European POS Terminal Market is on par with the maturity and stability of the North American region. The core retailers in the market are also global leaders. Thus, POS systems used in-country are often the chosen version used in other countries in order to maintain support.

Total Retail Sales: €3.4 Trillion ($3.5 Trillion), up 2.6% from 2022

European POS Terminal Market – Region Overview

2^nd Largest regional economy €25.7 Trillion ($27.8 Trillion)
3^rd Largest retail market of all regions
3^rd Largest POS Installed Base of all regions
€4,470 ($4,836 USD) per capita retail sales

Leading Retailers

Schwarz / Lidl (#4 worldwide), Aldi (#9), Carrefour (#13), Ahold-Delhaize (#14), Tesco (#15), Edeka (#17), Rewe (#20), E.Leclerc (#22), IKEA (#26), Intermarche (#27).

Key European POS Terminal Market Trends

Europe has among the highest living standards in the world, and has been a prime target for refugees.
Home to some of the world’s largest retailers, and Diebold Nixdorf, a key POS vendor in the region.
Numerous European retailers have been successful in expanding globally: Metro (20 countries outside Germany in Europe, as well as in the ME and Asia), Lidl (8,900+ stores outside of Germany), Aldi (notably 2,357 in the US), Carrefour (7,600 stores outside of France), Auchan (12 countries), Luxottica (150 countries outside of Italy), Bennetton (25 EMEA countries), and Rewe (several European countries) are just a few. Approximately 40% of these retailers’ total sales come from foreign countries.

Key European POS Terminal Market Size

2023 market was €4.1 Billion and is expected to grow to €5.3 Million (30.1%, 5.4% CAGR ) by 2028.

Key POS Hardware Vendors/Key POS Software Vendors

Among the key POS hardware vendors in the European POS market are Diebold Nixdorf, Toshiba Global Commerce Solutions, NCR Voyix, and Oracle.
Key POS software vendors in the European POS market include GK Software, Lightspeed, Toshiba, Oracle and Diebold Nixdorf.

IHL Studies for European POS Terminal Market

2024 EMEA POS Terminal Market Study

This study includes market sizing, POS shipments, POS installed base and trends for the key EMEA countries (Germany, France, UK, etc) and the region as a whole.

Includes POS market share by software vendor by segment

Provides POS shipments and POS installed base by quarter for each retail segment for the EMEA region.

2024 EMEA Retail Stores/POS Sizing by Retail Chain Size

Included in this study are Market Sizing by store locations and chain size for Europe/Middle East/Africa