The number of POS terminals in France has shown varied growth trends from 2013 to 2023, reaching 1.94 million units in 2023. Significant growth spikes were observed in 2014 (19.54%) and 2018 (12.63%), while minor fluctuations occurred in other years. Over the past two years, the growth was modest with a year-on-year increase of 1.83% in 2022 and 1.76% in 2023. The compound annual growth rate (CAGR) over the past five years stands at 1.17%.
Looking towards the forecasted period from 2024 to 2028, the number of POS terminals is expected to increase gradually, with an average annual growth rate of 1.24%, culminating in 2.10 million units by 2028, representing an overall growth rate of 6.33% over five years.
Future trends to watch for include:
- Technological advancements in POS systems, driving adoption.
- Increased penetration of contactless and mobile payment options.
- Regulatory changes impacting payment processing infrastructure.
- Shift towards integrated e-commerce and brick-and-mortar sales systems.
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