Forecast: Number of POS Transactions at Terminals in Italy

The number of POS transactions at terminals in Italy exhibited fluctuating trends between 2013 and 2023, with a notable decline in 2014 and 2020, with the latter owing to the COVID-19 pandemic. However, significant rebounds in 2016 and 2021 indicate resilience, with 2023 marking a slight 2.96% increase year-over-year, standing at 3.13 billion units.

Over the past two years, the transactions had a near-stagnant trend with minor growth in 2023. The five-year compound annual growth rate (CAGR) from 2019 to 2023 was 3.3%, suggesting moderate growth in POS transaction volumes.

The forecast from 2024 to 2028 highlights a projected CAGR of 2.18%, translating to a cumulative growth rate of 11.41%. By 2028, the number of transactions is expected to reach 3.6 billion units.

Future trends to watch for include the impact of digital payment innovations, regulatory changes, and consumer behavior shifts towards cashless payments, potentially influencing transaction volumes.