The sold production of Point-Of-Sale Terminals and ATMs in Spain witnessed significant fluctuations from 2017 to 2023. In 2020, the market experienced a sharp decline of 52.95%, likely due to the COVID-19 pandemic. However, the market rebounded with a 99.84% increase in 2021, followed by consistent growth of 10.36% in 2022 and 22.83% in 2023, reaching 3.45 thousand items in 2023.
Looking ahead to 2024 and beyond, the forecast suggests a stable upward trajectory with a CAGR of 5.69% over the next five years, culminating in a 31.86% total growth rate by 2028.
Future trends to watch for:
- Technological advancements in POS systems and ATMs.
- Increasing adoption of contactless payment methods.
- Regulatory changes affecting the financial transaction ecosystem.
- Shifts in consumer behavior towards digital payments and e-commerce.
