GCC Fintech Mobile PoS Payment Market Size | 2019-2032

GCC Fintech Mobile PoS Payment Market Size and Forecast by Device Types, End Users, Industry, Application, Payment Type, and Region: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: FIN44114  | Publication: August 2024  |  US$925  |  

GCC Fintech Mobile PoS Payment Market Growth and Performance


  • The fintech mobile PoS payment market size in GCC increased to US$ 31.51 Billion in 2023, with a year-on-year growth rate of 28.1%.
  • By the end of 2032, the GCC fintech mobile PoS payment market is on track to achieve US$ 1.27 Trillion, with a forecasted Compound Annual Growth Rate (CAGR) of 52.8% throughout the forecast period.
  • The smartphones segment is estimated to hold the largest market share of 62.1% and be valued at US$ 788.56 Billion in 2032.
  • In 2032, 58.4% of the total spending in the GCC fintech mobile PoS payment market is forecasted to come from Saudi Arabia.

GCC Fintech Mobile PoS Payment Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Device Types

Smartphones

Tablets

Wearable Devices

Other Mobile Devices

End Users

Individual Consumers

SMEs

Medium-sized Enterprises

Large Enterprises

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Application

In-Store Payments

Remote Payments

Payment Type

NFC (Near Field Communication) Payments

Cryptocurrency Payments

Mobile Wallets and Apps

 

GCC Fintech Mobile Pos Payment Industry: Regional Coverage

 

Countries

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

 

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