Australia – New Zealand POS Terminal Market – 2024

By Lee Holman Mar 11, 2024 3 Min Read

Collectively, Australia and New Zealand have 9.2 people per square mile, which makes them the least densely populated industrialized countries on earth. This is mainly due to the immense sparsely populated Australian interior, which itself causes significant logistical and infrastructure issues. In contrast, New Zealand’s terrain is mostly mountainous and offers its own challenges. Modern retail is concentrated in coastal cities and the capitals. These countries have the most mature retail markets in APAC. Likewise, their POS terminal markets are mature as well.

Total Retail Sales: $516 Billion ($338 Billion), up 3.0% from 2022

Australia – New Zealand POS Terminal Market – Countries Overview

6^th Largest APAC economy $1.6 Trillion
4^th Largest retail market in the region
4^th Largest POS Installed Base in Asia-Pacific
$10,698 per capita retail sales

Leading Retailers

Woolworths (#28 worldwide), Coles (#40), Wesfarmers (#55), JB HiFi (#177), Foodstuffs, Macpac, SuperCheap Auto, Glassons, Hallensteins, Harvey Norman

Key Australia – New Zealand POS Terminal Market Trends

Australia – New Zealand represents the most mature retail markets in APAC. The top four domestic retailers (Wesfarmers, Woolworths, Metcash and Foodstuffs) are dominant, having over 30% of total retail sales, which leads all of APAC.
Over the past decade, retail sales have grown 21%, compared to 14% for Japan, 118% for China and 178% for India.
Large retail in Australia is concentrated in seven main coastal cities (Sydney, Melbourne, Brisbane, Perth, Adelaide, Newcastle, and Gold Coast) and the capital Canberra.
Germany’s Aldi (~600 stores) is the most significant foreign player. IKEA currently has 10 stores, H&M (40), Uniqlo (26), and Costco has 16. Subway (1,400+ locations), Pizza Hut (~300), KFC (875), Dominos (~740) and McDonalds (1,200+) are the significant foreign restaurant chains.

Key Australia – New Zealand POS Terminal Market Size

2023 market was €215 Million and is expected to grow to €284 Million (32.4%, 5.8% CAGR ) by 2028.

Key POS Hardware Vendors/Key POS Software Vendors

Among the key POS hardware vendors in the Australia New Zealand POS market are NCR Voyix, Oracle and Toshiba Global Commerce Solutions.
Key POS software vendors in the Australia New Zealand POS market include Aptos, Cegid, NCR Voyix, Oracle and Toshiba.

IHL Studies for Australia New Zealand POS Terminal Market

2024 Asia-Pacific POS Terminal Market Study

This study includes market sizing, POS shipments, POS installed base and trends for the key APAC countries (China, Japan, Australia-New Zealand, etc) and the region as a whole.

Includes POS market share by software vendor by segment

Provides POS shipments and POS installed base by quarter for each retail segment for the APAC region.

2024 Asia-Pacific Retail Stores/POS Sizing by Retail Chain Size

Included in this study are Market Sizing by store locations and chain size for Asia-Pacific