Russia POS Terminal Market – 2025
Russia’s POS Terminal Market
A Challenging and Transforming Retail Technology Landscape
Data on Russia’s economy has been suspect for the past few years, due in no small part to the ongoing war. Consequences are wide ranging, and not positive; H&M, UniQlo, McDonald’s and Auchan are among those who wound down their operations as a result. Widespread corruption, the highest shadow economy % of GDP of any other key EMEA country, extensive traditional open-air markets, and a suspect supply chain all hinder foreign investment.
Market Trends
- Russia’s retail sales place them 5th in the entire region. While this might appear to make Russia a leader in retail development, their population of over 144 million results in the lowest per capita retail sales figures among the key EMEA countries.
- Over the past decade, retail sales have grown 20%, compared to 19% for France, 40% for UK and 26% for Germany.
- Russia is spread over 6.6 million square miles (and 11 time zones), which places a serious burden on expansion and supply chain issues.
- The war caused Visa and Mastercard to cease most operations. The home-grown MIR card network expanded rapidly, currently making up ~60% of cards in Russia.
Leading Retailers
X5 (#40 worldwide), Magnit (#50), Mercury Retail Holdings (#137), Lenta (#182), DNS (#160), M.Video (#190), Dixy Group (#247), O’Key, Monetka.
Market Size & Growth Projections
€219M
2024 Market Size
€244M
Expected 2029 Market Size
11.2%
Total Growth
2.1%
CAGR
Key Vendors
Key POS Hardware Vendors
Toshiba Global Commerce Solutions
Diebold Nixdorf
NCR Voyix
Oracle
Key POS Software Vendors
Diebold Nixdorf
Cegid
Toshiba
NCR Voyix
IHL Studies for Russia POS Terminal Market
2025 EMEA (Europe/Middle East/Africa) 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.
2024 EMEA (Europe/Middle East/Africa) POS / mPOS Software Market Share
- Includes POS market share by software vendor by segment
2024 EMEA (Europe/Middle East/Africa) POS Terminal Hardware Market Share by Vendor
- Provides POS shipments and POS installed base by quarter for each retail segment for the EMEA region.
2025 EMEA (Europe/Middle East/Africa (includes Eastern Europe and Russia) 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