The e-money card payment terminals market in Germany saw significant fluctuations between 2013 and 2023. The market initially experienced strong growth, particularly in 2014 with a 93.02% year-on-year increase. However, from 2020 to 2022, there were some declines with -15.54% in 2020 and -3.2% in 2022. By 2023, the market had somewhat stabilized with a modest 1.58% growth, standing at 430.59 thousand units. The last five years' CAGR was 1.7%, reflecting a relatively flat growth trend compared to previous periods.
Looking forward, the forecast indicates steady growth from 2024 to 2028, with a predicted CAGR of 1.21% and an overall growth rate of 6.22% by 2028. Key future trends to watch include technological advancements in payment systems, increasing adoption of digital wallets, and the potential impact of regulatory changes on the market. Additionally, the ongoing shift in consumer behavior towards cashless transactions is expected to continue driving demand for e-money card payment terminals.
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