The Europe SoftPoS Market would witness market growth of 19.8% CAGR during the forecast period (2023-2030).
Micro-merchants can benefit from SoftPoS because it is a simple, low-value transaction solution. Small and micro-merchants can benefit significantly from SoftPoS and provide their clients with a seamless and cost-effective checkout option. The pandemic has changed people's payment preferences. The proportion of consumers who prefer to use their debit cards to make contactless payments has grown at the expense of those who prefer to use their debit cards with a PIN code.
As 90 percent of debit cards are contactless-enabled, debit card contactless payments are significantly more prevalent than smartphone contactless payments. Surprisingly, although fewer people used cash after the lockdowns than before, this share of people that preferred cash decreased minutely after the pandemic. The invention of NFC technology has prompted consumers to make both small and large mobile payments. The widespread use of mobile payments, including apps and digital wallets, has prompted non-payment technology companies to enter the payment landscape, which is projected to expand the market. In addition, technology has advanced due to the growing use of smartphones in developing nations.
According to the International Trade Administration, the largest FinTech subsector consists of digital payments made through mobile POS or digital commerce. Digital payments in Germany are anticipated to expand at a pace of 14% annually, matching the global average, and will increase from $140.4 billion in annual transaction value in 2020 to $274.8 billion in 2025. In Spain, people between the ages of 19 and 24 are online, and as they enter the marketplace, they are particularly interested in app-based online payment methods. With the rise in digital payments numbers, the market is estimated to grow in the European region.
The Germany market dominated the Europe SoftPoS Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $69.6 Million by 2030. The UK market is estimated to witness a CAGR of 18.8% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 20.7% during (2023 - 2030).
Based on End-User, the market is segmented into Retail, Restaurants/Hospitality, Service Based Business, and Others. Based on Enterprise Type, the market is segmented into Small Business and Medium Business. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide SoftPoS Market is Projected to reach USD 1.04 Billion by 2030, at a CAGR of 20%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Worldline (Ingenico Group), CM.com N.V., EMI Global Corp (M4Bank), Fime SAS, Wizzit (Pty) Ltd, Tidypay AS, Bindo Labs, Inc., Fairbit LLC, Alcinéo, Asseco Group (Asseco Poland S.A.).
Scope of the Study
Market Segments Covered in the Report:
By End-User
- Retail
- Restaurants/Hospitality
- Service Based Business
- Others
By Enterprise Type
- Small Business
- Medium Business
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Worldline (Ingenico Group)
- CM.com N.V.
- EMI Global Corp (M4Bank)
- Fime SAS
- Wizzit (Pty) Ltd
- Tidypay AS
- Bindo Labs, Inc.
- Fairbit LLC
- Alcinéo
- Asseco Group (Asseco Poland S.A.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe SoftPoS Market, by End-User
1.4.2 Europe SoftPoS Market, by Enterprise Type
1.4.3 Europe SoftPoS Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. Europe SoftPoS Market by End-User
4.1 Europe Retail Market by Country
4.2 Europe Restaurants/Hospitality Market by Country
4.3 Europe Service Based Business Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe SoftPoS Market by Enterprise Type
5.1 Europe Small Business Market by Country
5.2 Europe Medium Business Market by Country
Chapter 6. Europe SoftPoS Market by Country
6.1 Germany SoftPoS Market
6.1.1 Germany SoftPoS Market by End-User
6.1.2 Germany SoftPoS Market by Enterprise Type
6.2 UK SoftPoS Market
6.2.1 UK SoftPoS Market by End-User
6.2.2 UK SoftPoS Market by Enterprise Type
6.3 France SoftPoS Market
6.3.1 France SoftPoS Market by End-User
6.3.2 France SoftPoS Market by Enterprise Type
6.4 Russia SoftPoS Market
6.4.1 Russia SoftPoS Market by End-User
6.4.2 Russia SoftPoS Market by Enterprise Type
6.5 Spain SoftPoS Market
6.5.1 Spain SoftPoS Market by End-User
6.5.2 Spain SoftPoS Market by Enterprise Type
6.6 Italy SoftPoS Market
6.6.1 Italy SoftPoS Market by End-User
6.6.2 Italy SoftPoS Market by Enterprise Type
6.7 Rest of Europe SoftPoS Market
6.7.1 Rest of Europe SoftPoS Market by End-User
6.7.2 Rest of Europe SoftPoS Market by Enterprise Type
Chapter 7. Company Profiles
7.1 Worldline (Ingenico Group)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional and Segmental Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Acquisition and Mergers:
7.1.5 SWOT Analysis
7.2 CM.com N.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 SWOT Analysis
7.3 EMI Global Corp (M4Bank)
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Fime SAS
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Wizzit (Pty) Ltd
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Product Launches and Product Expansions:
7.5.3 SWOT Analysis
7.6 Tidypay AS
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Bindo Labs, Inc.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Fairbit LLC
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Alcinéo
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.3 SWOT Analysis
7.10. Asseco Group (Asseco Poland S.A.)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental Analysis
7.10.4 SWOT Analysis
TABLE 1 Europe SoftPoS Market, 2019 - 2022, USD Thousands
TABLE 2 Europe SoftPoS Market, 2023 - 2030, USD Thousands
TABLE 3 Europe SoftPoS Market by End-User, 2019 - 2022, USD Thousands
TABLE 4 Europe SoftPoS Market by End-User, 2023 - 2030, USD Thousands
TABLE 5 Europe Retail Market by Country, 2019 - 2022, USD Thousands
TABLE 6 Europe Retail Market by Country, 2023 - 2030, USD Thousands
TABLE 7 Europe Restaurants/Hospitality Market by Country, 2019 - 2022, USD Thousands
TABLE 8 Europe Restaurants/Hospitality Market by Country, 2023 - 2030, USD Thousands
TABLE 9 Europe Service Based Business Market by Country, 2019 - 2022, USD Thousands
TABLE 10 Europe Service Based Business Market by Country, 2023 - 2030, USD Thousands
TABLE 11 Europe Others Market by Country, 2019 - 2022, USD Thousands
TABLE 12 Europe Others Market by Country, 2023 - 2030, USD Thousands
TABLE 13 Europe SoftPoS Market by Enterprise Type, 2019 - 2022, USD Thousands
TABLE 14 Europe SoftPoS Market by Enterprise Type, 2023 - 2030, USD Thousands
TABLE 15 Europe Small Business Market by Country, 2019 - 2022, USD Thousands
TABLE 16 Europe Small Business Market by Country, 2023 - 2030, USD Thousands
TABLE 17 Europe Medium Business Market by Country, 2019 - 2022, USD Thousands
TABLE 18 Europe Medium Business Market by Country, 2023 - 2030, USD Thousands
TABLE 19 Europe SoftPoS Market by Country, 2019 - 2022, USD Thousands
TABLE 20 Europe SoftPoS Market by Country, 2023 - 2030, USD Thousands
TABLE 21 Germany SoftPoS Market, 2019 - 2022, USD Thousands
TABLE 22 Germany SoftPoS Market, 2023 - 2030, USD Thousands
TABLE 23 Germany SoftPoS Market by End-User, 2019 - 2022, USD Thousands
TABLE 24 Germany SoftPoS Market by End-User, 2023 - 2030, USD Thousands
TABLE 25 Germany SoftPoS Market by Enterprise Type, 2019 - 2022, USD Thousands
TABLE 26 Germany SoftPoS Market by Enterprise Type, 2023 - 2030, USD Thousands
TABLE 27 UK SoftPoS Market, 2019 - 2022, USD Thousands
TABLE 28 UK SoftPoS Market, 2023 - 2030, USD Thousands
TABLE 29 UK SoftPoS Market by End-User, 2019 - 2022, USD Thousands
TABLE 30 UK SoftPoS Market by End-User, 2023 - 2030, USD Thousands
TABLE 31 UK SoftPoS Market by Enterprise Type, 2019 - 2022, USD Thousands
TABLE 32 UK SoftPoS Market by Enterprise Type, 2023 - 2030, USD Thousands
TABLE 33 France SoftPoS Market, 2019 - 2022, USD Thousands
TABLE 34 France SoftPoS Market, 2023 - 2030, USD Thousands
TABLE 35 France SoftPoS Market by End-User, 2019 - 2022, USD Thousands
TABLE 36 France SoftPoS Market by End-User, 2023 - 2030, USD Thousands
TABLE 37 France SoftPoS Market by Enterprise Type, 2019 - 2022, USD Thousands
TABLE 38 France SoftPoS Market by Enterprise Type, 2023 - 2030, USD Thousands
TABLE 39 Russia SoftPoS Market, 2019 - 2022, USD Thousands
TABLE 40 Russia SoftPoS Market, 2023 - 2030, USD Thousands
TABLE 41 Russia SoftPoS Market by End-User, 2019 - 2022, USD Thousands
TABLE 42 Russia SoftPoS Market by End-User, 2023 - 2030, USD Thousands
TABLE 43 Russia SoftPoS Market by Enterprise Type, 2019 - 2022, USD Thousands
TABLE 44 Russia SoftPoS Market by Enterprise Type, 2023 - 2030, USD Thousands
TABLE 45 Spain SoftPoS Market, 2019 - 2022, USD Thousands
TABLE 46 Spain SoftPoS Market, 2023 - 2030, USD Thousands
TABLE 47 Spain SoftPoS Market by End-User, 2019 - 2022, USD Thousands
TABLE 48 Spain SoftPoS Market by End-User, 2023 - 2030, USD Thousands
TABLE 49 Spain SoftPoS Market by Enterprise Type, 2019 - 2022, USD Thousands
TABLE 50 Spain SoftPoS Market by Enterprise Type, 2023 - 2030, USD Thousands
TABLE 51 Italy SoftPoS Market, 2019 - 2022, USD Thousands
TABLE 52 Italy SoftPoS Market, 2023 - 2030, USD Thousands
TABLE 53 Italy SoftPoS Market by End-User, 2019 - 2022, USD Thousands
TABLE 54 Italy SoftPoS Market by End-User, 2023 - 2030, USD Thousands
TABLE 55 Italy SoftPoS Market by Enterprise Type, 2019 - 2022, USD Thousands
TABLE 56 Italy SoftPoS Market by Enterprise Type, 2023 - 2030, USD Thousands
TABLE 57 Rest of Europe SoftPoS Market, 2019 - 2022, USD Thousands
TABLE 58 Rest of Europe SoftPoS Market, 2023 - 2030, USD Thousands
TABLE 59 Rest of Europe SoftPoS Market by End-User, 2019 - 2022, USD Thousands
TABLE 60 Rest of Europe SoftPoS Market by End-User, 2023 - 2030, USD Thousands
TABLE 61 Rest of Europe SoftPoS Market by Enterprise Type, 2019 - 2022, USD Thousands
TABLE 62 Rest of Europe SoftPoS Market by Enterprise Type, 2023 - 2030, USD Thousands
TABLE 63 Key Information – Worldline
TABLE 64 Key Information – CM.com N.V.
TABLE 65 Key Information – EMI Global Corp (M4Bank)
TABLE 66 Key Information – Fime SAS
TABLE 67 Key Information – Wizzit (Pty) Ltd
TABLE 68 Key Information – Tidypay AS
TABLE 69 Key Information – Bindo Labs, Inc.
TABLE 70 Key Information – Fairbit LLC
TABLE 71 Key Information – Alcinéo
TABLE 72 Key Information – Asseco Group
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe SoftPoS Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting SoftPoS Market
FIG 4 Porter’s Five Force Analysis: SoftPoS Market
FIG 5 Europe SoftPoS Market share by End-User, 2022
FIG 6 Europe SoftPoS Market share by End-User, 2030
FIG 7 Europe SoftPoS Market by End-User, 2019 - 2030, USD Thousands
FIG 8 Europe SoftPoS Market share by Enterprise Type, 2022
FIG 9 Europe SoftPoS Market share by Enterprise Type, 2030
FIG 10 Europe SoftPoS Market by Enterprise Type, 2019 - 2030, USD Thousands
FIG 11 Europe SoftPoS Market share by Country, 2022
FIG 12 Europe SoftPoS Market share by Country, 2030
FIG 13 Europe SoftPoS Market by Country, 2019 - 2030, USD Thousands
FIG 14 SWOT Analysis: Worldline
FIG 15 SWOT Analysis: CM.com N.V.
FIG 16 SWOT Analysis: EMI GLOBAL CORP (M4BANK)
FIG 17 SWOT Analysis: Fime SAS
FIG 18 Recent strategies and developments: Wizzit (Pty) Ltd
FIG 19 SWOT Analysis: Wizzit (Pty) Ltd
FIG 20 SWOT Analysis: Tidypay AS
FIG 21 SWOT Analysis: Bindo Labs, Inc.
FIG 22 SWOT Analysis: Fairbit LLC
FIG 23 SWOT Analysis: Alcinéo
FIG 24 SWOT Analysis: Asseco Group