The number of POS transactions at terminals in Sweden has shown a dynamic trend from 2013 to 2023, starting at 2.14 billion units in 2013 and reaching 3.24 billion units in 2023. Over these years, some notable fluctuations are observed, especially the significant reduction in 2020 coinciding with the COVID-19 pandemic, followed by a rapid recovery in 2021. The year-on-year variation over the last two years records a slight decline of -1.96% in 2022 and a marginal growth of 2.76% in 2023. The compound annual growth rate (CAGR) over the last 5 years stands at 3.08%. Forecasts from 2024 to 2028 estimate a steady growth, with a 5-year CAGR of 2.06%, reaching 3.7 billion units by 2028, representing a total growth rate of 10.74%.
Future trends to watch for include:
- Increasing adoption of contactless payments and mobile wallets.
- Advancements in POS technology and integration with other digital services.
- Potential impacts of regulatory changes and data security enhancements.
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