Spanish POS Terminal Market – 2024

By Lee Holman Mar 4, 2024 3 Min Read

Unlike most other key EMEA countries, the Spanish retail market is dominated by smaller, regional players rather than large national chains. This regional diversity has allowed for the preservation of traditional retail formats, such as family-owned neighborhood stores and open-air markets, which continue to thrive alongside the rise of modern retail formats. As a result, the Spain POS terminal market is less mature than it might otherwise be.

Total Retail Sales: €191 Billion ($207 Billion), up 6.0% from 2022

Spanish POS Terminal Market – Country Overview

5^th Largest EMEA economy €1.8 Trillion ($1.9 Trillion)
8^th Largest retail market in the region
4^th Largest POS Installed Base in Europe/Middle East/Africa
€4,045 ($4,377 USD) per capita retail sales

Leading Retailers

Inditex (#36 worldwide), Mercadona (#38), El Corte Inglès (#94), Dia (#154), Grupo Eroski (#223), Consum, Media Markt, Ahorramas, Hipercor, Grupo Alcampo

Key Spanish POS Terminal Market Trends

Spain’s retail market is a series of regional markets joined by two hubs: Madrid and Barcelona, where most major business activities occurs. French and German retailers have been the dominant foreign investment sources.
Over the past decade, retail sales have grown 31%, compared to 19% for France, 35% for UK and 25% for Germany.
Spanish fashion retailers Inditex (Zara) and Mango (both have stores in ~100 countries) have significant international presence.
Spain is one of the leading per capita users of electronic banking and POS payment systems in Europe.

Key Spanish POS Terminal Market Size

2023 market was €645 Million and is expected to grow to €812 Million (25.9%, 4.7% CAGR ) by 2028.

Key POS Hardware Vendors/Key POS Software Vendors

Among the key POS hardware vendors in the Spanish POS market are Toshiba Global Commerce Solutions, Diebold Nixdorf, NCR Voyix, and Oracle.
Key POS software vendors in the Spanish POS market include Diebold Nixdorf, Cegid, Toshiba, and NCR Voyix.

IHL Studies for Spanish POS Terminal Market

2024 EMEA POS Terminal Market Study

This study includes market sizing, POS shipments, POS installed base and trends for the key EMEA countries (Germany, France, UK, 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 EMEA region.

2024 EMEA Retail Stores/POS Sizing by Retail Chain Size

Included in this study are Market Sizing by store locations and chain size for Europe/Middle East/Africa