The value of POS transactions at terminals in Germany has shown fluctuations from 2013 to 2024. Starting with a peak of $257.76 billion in 2013, the value saw declines until 2015 before a minor rebound. Stability ensued between 2016 and 2019. In 2020, a significant drop of 16.81% correlated with the pandemic impact, followed by a recovery phase with a 26.78% increase in 2021. The value in 2023 stood at $211.98 billion, showing slight growth over the previous year. From 2019 to 2023, the average CAGR was approximately 0.22%. Future forecasts project a stable growth of about 0.16% annually through 2028.
Future trends to watch for: the continued shift towards contactless and digital payment solutions, increased adoption of mobile wallets, and technological advancements in terminal POS systems. Monitoring the impact of regulatory changes and the evolution of consumer preferences in payment methods will also be crucial.
