The POS software market accounted for US$ 12.23 Bn in 2018 and is anticipated to grow at a CAGR of 8.4% to reach US$ 42.49 Bn by 2027.
With increasing customer-centric solutions and services, the demand for cost-efficient and value-added services is increasing owing to which vendors are focusing on upgraded offering as well as factors that minimize operational costs. POS software is a cost-effective approach for both business and customers. The features that drive the POS market are inventory management, sales management, store operations, order and promotion management, purchase and re-order, secured payments, customer loyalty programs, creating reports, and analyzing data in real time. Moreover, the software cloud reduces service costs while improving service offerings. Vendors of POS software are highly focused on offering advanced solutions and services to its customers, which is significantly driving the global POS software market
Moreover, vendors are integrating real-time transactions with customer relationship management (CRM) solutions, which result in increased sales and revenue of the business. The old POS software was limited by offering basic data regarding customer behavior due to which the need to develop customer engagement equipped POS software has emerged. POS/CRM integration makes it possible to analyze customers who make the most significant impact on sales and whose loyalty is worth pursuing. For instance, Revel Systems integrated its solution with an iPad POS solution with CRM. It enables the business to collect all types of customer data from POS transactions such as name, email, billing and shipping address, loyalty program membership details, and others. The software then helps businesses organize this information and synchronize and distribute it to different departments—marketing, sales, customer service, and technical support—to improve customer experience and acquisition. eZee Optimus is another provider of POS system for restaurants to enhance customer engagement.
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POS Software Market: Strategic Insights
Market Size Value in US$ 12.23 Billion in 2018 Market Size Value by US$ 42.49 Billion by 2027 Growth rate CAGR of 8.4% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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POS Software Market: Strategic Insights
| Market Size Value in | US$ 12.23 Billion in 2018 |
| Market Size Value by | US$ 42.49 Billion by 2027 |
| Growth rate | CAGR of 8.4% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Lucrative Regions for POS Software Market
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Market Insights
Booming Retail Industry Drive Market for POS Terminals
The retail industry is witnessing tremendous changes and is focusing on the adoption of POS terminals. From adopting cloud technology to managing daily transactions of pharmacies, supermarkets, restaurants, and warehouses, the POS system is inevitable in the business environment. The convenience, process, and speed of transactions have been possible because of POS retail systems that can be customized as per the business requirements. Due to the aforementioned features, the deployment of POS is rising within SMEs. For instance, Toshiba Corporation teamed up with a provider of SD-WAN Edge applications and services to widen the scope of Toshiba TCx Elevate digital commerce platform to the cloud for retailers throughout the Asian market. Both POS machines and software providers are looking forward to creating solutions depending upon emerging trends, such as mobile POS. For instance, Square Inc. offers a retail-focused POS application on the cloud. However, it is also planning to deliver Square for restaurants. The new solution is designed for full-service restaurants and bars.
Additionally, testing of self-service retail stores and kiosks in China, the US, and other countries has also increased, which is anticipated to provide several growth opportunities to the retailers in APAC. The booming retail industry across the world is anticipated to benefit the POS providers especially in the APAC region, as number of retailers in Asian market is numerous. Thus, the use of POS software among retailers in APAC would propel the market growth.
Component Market Insights
The POS software market by component is segmented by software and service. The POS software is equipped with varied features and provides necessary services to the community of end-users. The use of software differs as per the area of application. In addition, services offered to the customers aim to solve all issues related to the software and its functionality.
AI in Auto Insurance Market, by Offering – 2018 and 2027
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Deployment Type Market Insight
The global POS software market based on deployment types is segmented into on-premise and cloud model. The on-premises software is deployed within the company’s IT infrastructure. This software is solely responsible to maintain, upgrade, and perform all operations within the organization. It provides greater protection and security than a cloud computing infrastructure. However, enterprises deploying on-premises software face challenges with regard to high costs involved in installation, management, upgrade, and maintenance of complete solutions, thereby limiting the procurement of newer on-site solutions. Therefore, on-premises deployment is mainly adopted by large and well-established companies that are capable of investing huge capital on maintaining the software. The on-premises structure needs software licenses, in-house server hardware, integration capabilities, and IT technicians to support, operate, and manage the complex issues that may arise while accessing the software.
Application Market Insight
The component to be put on a fluid depends upon the fluid type used in the industrial application. Various manufacturing operations and applications require varying amount of components at different stages that can be achieved with the help of a booster compressor. The operating facility size, the operating component requirement, and the duration of compression required decide the type of booster compressor to be used. Based on the compression stage, the POS software market is segmented into single stage, double stage, and multi stage booster compressor. The pressurized gas or liquid increases from single stage booster compressor to a multi-stage booster compressor.
Application Market Insight
The POS software market by end user is segmented by manufacturing, oil & gas, energy and power, chemicals, and others. The manufacturing segment further includes various sectors such as, pulp and paper, food and beverage, pharmaceutical, packaging, and process manufacturing. The others segment comprises of automotive, aerospace, defence, and research institutions.
Global POS Software Segments:
POS Software Market – By Deployment
- On-Premise
- Cloud
POS Software Market – By Component
- Solution
- Services
POS Software Market – By Application
- Inventory Tracking
- Purchasing Management
- Sales Reporting
- Customer Engagement
- Others
POS Software Market – By End User
- Retail
- Hospitality
- Media and Entertainment
- Healthcare
- Others
POS Software – By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- Rest of APAC
Middle East & Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
South America (SAM)
- Brazil
- Rest of SAM
Companies
- AccuPOS Point of Sale
- Clover Network, Inc.
- Dell Inc.
- Honeywell International, Inc.
- Infor INC
- Ingenico Group SA
- Intuit, Inc.
- LightSpeed POS Inc
- ShopKeep
- Vend Limited
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component ; Deployment Type ; Application ; End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
Integration of advanced technologies such as big data analytics and IoT with POS solutions offers a lucrative growth opportunity to the market players.
APAC holds the dominant share in the POS software market. The region is also expected to witness the highest CAGR during the forecast period owing to constant growth in the retail and e-commerce sectors as well as supporting government initiatives for digital payments.
The POS software offers a broad spectrum of capabilities, including billing and order processing, mobile connectivity, inventory tracking, returns, sales monitoring and reporting, analytics, employee management, customer data management, and loyalty programs. Further, rise in the concept of promoting electronic payments pertaining to rising digitalization and need to provide hassle-free service on real-time basis to end users are the major drivers propelling the growth of the POS software market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. POS Software Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
4.3.1 North America PEST Analysis
4.3.2 Europe PEST Analysis
4.3.3 Asia-Pacific PEST Analysis
4.3.4 Middle East & Africa PEST Analysis
4.3.5 South America PEST Analysis
5. POS Software Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Demand for Real-time Tracking and Hassle-free Delivery Services
5.1.2 Growing Concept of Cashless Transaction due to Digitization
5.2 Key Market Restraint
5.2.1 Lack of Supporting Internet Infrastructure
5.3 Key Market Opportunity
5.3.1 Integration of Advanced Technologies with POS Solution
5.3.2 Booming Retail Industry Drive Market for POS Terminals
5.4 Future Trends
5.4.1 Emergence of Biometric POS in Retail Industry
5.5 Impact Analysis of Drivers and Restraints
6. POS Software Market – Global Market Analysis
6.1 Global POS Software Market, Revenue and Forecast to 2027 (US$ Bn)
6.2 Market Positioning- Top Five Players
7. POS Software Market Analysis – By Component
7.1 Overview
7.2 POS Software Market Breakdown, By Component, 2018 & 2027
7.3 Software
7.3.1 Overview
7.3.2 Software Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Services Market Revenue and Forecasts to 2027 (US$ Mn)
8. POS Software Market Analysis – By Deployment Type
8.1 Overview
8.2 POS Software Market Breakdown, By Deployment Type, 2018 & 2027
8.3 On-Premise
8.3.1 Overview
8.3.2 On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud Market Revenue and Forecasts to 2027 (US$ Mn)
9. POS Software Market Analysis– By Application
9.1 Overview
9.2 Global POS Software Market Breakdown, By Application, 2018 & 2027
9.3 Inventory Tracking
9.3.1 Overview
9.3.2 Inventory Tracking Market Forecast and Analysis
9.4 Purchasing Management
9.4.1 Overview
9.4.2 Purchasing Management Market Forecast and Analysis
9.5 Sales Reporting
9.5.1 Overview
9.5.2 Sales Reporting Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Customer Engagement
9.6.1 Overview
9.6.2 Customer Engagement Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. POS Software Market Analysis– By End User
10.1 Overview
10.2 Global POS Software Market Breakdown, By End User, 2018 & 2027
10.3 Retail
10.3.1 Overview
10.3.2 Retail Market Forecast and Analysis
10.4 Hospitality
10.4.1 Overview
10.4.2 Hospitality Market Forecast and Analysis
10.5 Media and Entertainment
10.5.1 Overview
10.5.2 Media and Entertainment Market Forecast and Analysis
10.6 Healthcare
10.6.1 Overview
10.6.2 Healthcare Market Forecast and Analysis
10.7 Others
10.7.1 Overview
10.7.2 Others Market Forecast and Analysis
11. POS Software Market– Geographic Analysis
11.1 Overview
11.2 North America POS Software Market Revenue and Forecast to 2027
11.2.1 Overview
11.2.2 North America POS Software Market Revenue and Forecast To 2027 (US$ Mn)
11.2.3 North America POS Software Market Breakdown, By Component
11.2.4 North America POS Software Market Breakdown, By Deployment
11.2.5 North America POS Software Market Breakdown, By Application
11.2.6 North America POS Software Market Breakdown, By Application, 2018 & 2027 (%)
11.2.7 North America POS Software Market Breakdown, By End user
11.2.8 North America POS Software Market Breakdown, By Country
11.2.8.1 US POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.2.8.1.1 US POS Software Market Breakdown, By Component
11.2.8.1.2 US POS Software Market Breakdown, By Deployment
11.2.8.1.3 US POS Software Market Breakdown, By Application
11.2.8.1.4 US POS Software Market Breakdown, By End user
11.2.8.2 Canada POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.2.8.2.1 Canada POS Software Market Breakdown, By Component
11.2.8.2.2 Canada POS Software Market Breakdown, By Deployment
11.2.8.2.3 Canada POS Software Market Breakdown, By Application
11.2.8.2.4 Canada POS Software Market Breakdown, By End user
11.2.8.3 Mexico POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.2.8.3.1 Mexico POS Software Market Breakdown, By Component
11.2.8.3.2 Mexico POS Software Market Breakdown, By Deployment
11.2.8.3.3 Mexico POS Software Market Breakdown, By Application
11.2.8.3.4 Mexico POS Software Market Breakdown, By End user
11.3 Europe POS Software Market Revenue and Forecast to 2027
11.3.1 Overview
11.3.2 Europe POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.3.3 Europe POS Software Market Breakdown, By Component
11.3.4 Europe POS Software Market Breakdown, By Deployment
11.3.5 Europe POS Software Market Breakdown, By Application
11.3.6 Europe POS Software Market Breakdown, By End user
11.3.7 Europe POS Software Market Breakdown, By Country
11.3.7.1 Germany POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.1.1 Germany POS Software Market Breakdown, By Component
11.3.7.1.2 Germany POS Software Market Breakdown, By Deployment
11.3.7.1.3 Germany POS Software Market Breakdown, By Application
11.3.7.1.4 Germany POS Software Market Breakdown, By End user
11.3.7.2 France POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.2.1 France POS Software Market Breakdown, by Component
11.3.7.2.2 France POS Software Market Breakdown, By Deployment
11.3.7.2.3 France POS Software Market Breakdown, By Application
11.3.7.2.4 France POS Software Market Breakdown, By End user
11.3.7.3 Italy POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.3.1 Italy POS Software Market Breakdown, By Component
11.3.7.3.2 Italy POS Software Market Breakdown, By Deployment
11.3.7.3.3 Italy POS Software Market Breakdown, By Application
11.3.7.3.4 Italy POS Software Market Breakdown, By End user
11.3.7.4 UK POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.4.1 UK POS Software Market Breakdown, By Component
11.3.7.4.2 UK POS Software Market Breakdown, By Deployment
11.3.7.4.3 UK POS Software Market Breakdown, By Application
11.3.7.4.4 UK POS Software Market Breakdown, By End user
11.3.7.5 Russia POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.5.1 Russia POS Software Market Breakdown, By Component
11.3.7.5.2 Russia POS Software Market Breakdown, By Deployment
11.3.7.5.3 Russia POS Software Market Breakdown, By Application
11.3.7.5.4 Russia POS Software Market Breakdown, By End user
11.3.7.6 Rest of Europe POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.6.1 Rest of Europe POS Software Market Breakdown, By Component
11.3.7.6.2 Rest of Europe POS Software Market Breakdown, By Deployment
11.3.7.6.3 Rest of Europe POS Software Market Breakdown, By Application
11.3.7.6.4 Rest of Europe POS Software Market Breakdown, By End user
11.4 APAC POS Software Market Revenue and Forecast to 2027
11.4.1 Overview
11.4.2 APAC POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.4.3 APAC POS Software Market Breakdown, By Component
11.4.4 APAC POS Software Market Breakdown, By Deployment
11.4.5 APAC POS Software Market Breakdown, By Application
11.4.6 APAC POS Software Market Breakdown, By End user
11.4.7 APAC POS Software Market Breakdown, By Country
11.4.7.1 China POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.1.1 China POS Software Market Breakdown, By Component
11.4.7.1.2 China POS Software Market Breakdown, By Deployment
11.4.7.1.3 China POS Software Market Breakdown, By Application
11.4.7.1.4 China POS Software Market Breakdown, By End user
11.4.7.2 Japan POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.2.1 Japan POS Software Market Breakdown, By Component
11.4.7.2.2 Japan POS Software Market Breakdown, By Deployment
11.4.7.2.3 Japan POS Software Market Breakdown, By Application
11.4.7.2.4 Japan POS Software Market Breakdown, By End user
11.4.7.3 India POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.3.1 India POS Software Market Breakdown, By Component
11.4.7.3.2 India POS Software Market Breakdown, By Deployment
11.4.7.3.3 India POS Software Market Breakdown, By Application
11.4.7.3.4 India POS Software Market Breakdown, By End user
11.4.7.4 South Korea POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.4.1 South Korea POS Software Market Breakdown, By Component
11.4.7.4.2 South Korea POS Software Market Breakdown, By Deployment
11.4.7.4.3 South Korea POS Software Market Breakdown, By Application
11.4.7.4.4 South Korea POS Software Market Breakdown, By End user
11.4.7.5 Australia POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.5.1 Australia POS Software Market Breakdown, By Component
11.4.7.5.2 Australia POS Software Market Breakdown, By Deployment
11.4.7.5.3 Australia POS Software Market Breakdown, By Application
11.4.7.5.4 Australia POS Software Market Breakdown, By End user
11.4.7.6 Rest of APAC POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.6.1 Rest of APAC POS Software Market Breakdown, By Component
11.4.7.6.2 Rest of APAC POS Software Market Breakdown, By Deployment
11.4.7.6.3 Rest of APAC POS Software Market Breakdown, By Application
11.4.7.6.4 Rest of APAC POS Software Market Breakdown, By End user
11.5 MEA POS Software Market Revenue and Forecast to 2027
11.5.1 Overview
11.5.2 MEA POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.5.3 MEA POS Software Market Breakdown, by Component
11.5.4 MEA POS Software Market Breakdown, By Deployment
11.5.5 MEA POS Software Market Breakdown, By Application
11.5.6 MEA POS Software Market Breakdown, By End user
11.5.7 MEA POS Software Market Breakdown, By Country
11.5.7.1 UAE POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.5.7.1.1 UAE POS Software Market Breakdown, By Component
11.5.7.1.2 UAE POS Software Market Breakdown, By Deployment
11.5.7.1.3 UAE POS Software Market Breakdown, By Application
11.5.7.1.4 UAE POS Software Market Breakdown, By End user
11.5.7.2 Saudi Arabia POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.5.7.2.1 Saudi Arabia POS Software Market Breakdown, By Component
11.5.7.2.2 Saudi Arabia POS Software Market Breakdown, By Deployment
11.5.7.2.3 Saudi Arabia POS Software Market Breakdown, By Application
11.5.7.2.4 Saudi Arabia POS Software Market Breakdown, By End user
11.5.7.3 South Africa POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.5.7.3.1 South Africa POS Software Market Breakdown, By Component
11.5.7.3.2 South Africa POS Software Market Breakdown, By Deployment
11.5.7.3.3 South Africa POS Software Market Breakdown, By Application
11.5.7.3.4 South Africa POS Software Market Breakdown, By End user
11.5.7.4 Rest of MEA POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.5.7.4.1 Rest of MEA POS Software Market Breakdown, By Component
11.5.7.4.2 Rest of MEA POS Software Market Breakdown, By Deployment
11.5.7.4.3 Rest of MEA POS Software Market Breakdown, By Application
11.5.7.4.4 Rest of MEA POS Software Market Breakdown, By End user
11.6 SAM POS Software Market Revenue and Forecast To 2027
11.6.1 Overview
11.6.2 SAM POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.6.3 SAM POS Software Market Breakdown, By Component
11.6.4 SAM POS Software Market Breakdown, By Deployment
11.6.5 SAM POS Software Market Breakdown, By Application
11.6.6 SAM POS Software Market Breakdown, By End user
11.6.7 SAM POS Software Market Breakdown, By Country
11.6.7.1 Brazil POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.6.7.1.1 Brazil POS Software Market Breakdown, By Component
11.6.7.1.2 Brazil POS Software Market Breakdown, By Deployment
11.6.7.1.3 Brazil POS Software Market Breakdown, By Application
11.6.7.1.4 Brazil POS Software Market Breakdown, By End user
11.6.7.2 Argentina POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.6.7.2.1 Argentina POS Software Market Breakdown, By Component
11.6.7.2.2 Argentina POS Software Market Breakdown, By Deployment
11.6.7.2.3 Argentina POS Software Market Breakdown, By Application
11.6.7.2.4 Argentina POS Software Market Breakdown, By End user
11.6.7.3 Rest of SAM POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.6.7.3.1 Rest of SAM POS Software Market Breakdown, By Component
11.6.7.3.2 Rest of SAM POS Software Market Breakdown, By Deployment
11.6.7.3.3 Rest of SAM POS Software Market Breakdown, By Application
11.6.7.3.4 Rest of SAM POS Software Market Breakdown, By End user
12. POS Software Market - Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. POS Software Market- Company Profiles
13.1 AccuPOS Point of Sale
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.2 Clover Network, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 Dell Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Product and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Honeywell International, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Infor INC.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Ingenico Group SA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Product and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Intuit, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 LightSpeed POS Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 ShopKeep
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Product and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Vend Limited
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Product and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Global POS Software Market, Revenue and Forecast to 2027 (US$ Mn)
Table 2. Global POS Software Market Revenue and Forecast To 2027, By Geography (US$ Mn)
Table 3. North America POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 4. North America POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 5. North America POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 6. North America POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 7. US POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 8. US POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 9. US POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 10. US POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 11. Canada POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 12. Canada POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 13. Canada POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 14. Canada POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 15. Mexico POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 16. Mexico POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 17. Mexico POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 18. Mexico POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 19. Europe POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 20. Europe POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 21. Europe POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 22. Europe POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 23. Germany POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 24. Germany POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 25. Germany POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 26. Germany POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 27. France POS Software Market Revenue and Forecast to 2027 – by Component (US$ Mn)
Table 28. France POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 29. France POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 30. France POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 31. Italy POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 32. Italy POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 33. Italy POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 34. Italy POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 35. UK POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 36. UK POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 37. UK POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 38. UK POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 39. Russia POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 40. Russia POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 41. Russia POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 42. Russia POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 43. Rest of Europe POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 44. Rest of Europe POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 45. Rest of Europe POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 46. Rest of Europe POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 47. APAC POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 48. APAC POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 49. APAC POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 50. APAC POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 51. China POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 52. China POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 53. China POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 54. China POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 55. Japan POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 56. Japan POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 57. Japan POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 58. Japan POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 59. India POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 60. India POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 61. India POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 62. India POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 63. South Korea POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 64. South Korea POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 65. South Korea POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 66. South Korea POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 67. Australia POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 68. Australia POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 69. Australia POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 70. Australia POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 71. Rest of APAC POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 72. Rest of APAC POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 73. Rest of APAC POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 74. Rest of APAC POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 75. MEA POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 76. MEA POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 77. MEA POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 78. MEA POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 79. UAE POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 80. UAE POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 81. UAE POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 82. UAE POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 83. Saudi Arabia POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 84. Saudi Arabia POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 85. Saudi Arabia POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 86. Saudi Arabia POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 87. South Africa POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 88. South Africa POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 89. South Africa POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 90. South Africa POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 91. Rest of MEA POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 92. Rest of MEA POS Software Market Revenue and Forecast to 2027 – by Deployment (US$ Mn)
Table 93. Rest of MEA POS Software Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 94. Rest of MEA POS Software Market Revenue and Forecast to 2027 – by End user (US$ Mn)
Table 95. SAM POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 96. SAM POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 97. SAM POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 98. SAM POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 99. Brazil POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 100. Brazil POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 101. Brazil POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 102. Brazil POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 103. Argentina POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 104. Argentina POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 105. Argentina POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 106. Argentina POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 107. Rest of SAM POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 108. Rest of SAM POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 109. Rest of SAM POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 110. Rest of SAM POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 111. Glossary of Term: POS Software Market
LIST OF FIGURES
Figure 1. POS Software Market Segmentation
Figure 2. POS Software Market Segmentation – By Geography
Figure 3. Software segment to dominate the market by component throughout the forecast period
Figure 4. Cloud segment is expected to witness high growth
Figure 5. Sales reporting segment is expected to witness high growth
Figure 6. POS Software Market Overview
Figure 7. Asia-Pacific to witness fastest CAGR
Figure 8. POS Software Market Ecosystem Analysis
Figure 9. North America – PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia-Pacific PEST Analysis
Figure 12. Middle East & Africa PEST Analysis
Figure 13. South America PEST Analysis
Figure 14. Impact Analysis of Drivers and Restraints Pertaining to POS Software Market
Figure 15. Global POS Software Market
Figure 16. Global POS Software Market, Revenue and Forecast to 2027 (US$ Bn)
Figure 17. POS Software Market Breakdown, By Component, 2018 & 2027 (%)
Figure 18. Global Software Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Global Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. POS Software Market Breakdown, By Deployment Type, 2018 & 2027 (%)
Figure 21. Global On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Global Cloud Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Global POS Software Market Breakdown, By Application, 2018 & 2027 (%)
Figure 24. Global Inventory Tracking Market Revenue And Forecasts To 2027(US$ Mn)
Figure 25. Global Purchasing Management Market Revenue And Forecasts To 2027(US$ Mn)
Figure 26. Global Sales Reporting Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. Global Customer Engagement Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Global Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. Global POS Software Market Breakdown, By End User, 2018 & 2027 (%)
Figure 30. Global Retail Market Revenue And Forecasts To 2027(US$ Mn)
Figure 31. Global Hospitality Market Revenue And Forecasts To 2027(US$ Mn)
Figure 32. Global Media and Entertainment Market Revenue And Forecasts To 2027(US$ Mn)
Figure 33. Global Healthcare Market Revenue And Forecasts To 2027(US$ Mn)
Figure 34. Global Others Market Revenue And Forecasts To 2027(US$ Mn)
Figure 35. Global POS Software Market Breakdown, By Region, 2018 & 2027 (% Share)
Figure 36. North America POS Software Market Revenue and Forecast To 2027 (US$ Mn)
Figure 37. North America POS Software Market Breakdown, By Component, 2018 & 2027 (% Share)
Figure 38. North America POS Software Market Breakdown, By Deployment, 2018 & 2027 (%)
Figure 39. North America POS Software Market Breakdown, By End user, 2018 & 2027 (%)
Figure 40. North America POS Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 41. US POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 42. Canada POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 43. Mexico POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 44. Europe POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 45. Europe POS Software Market Breakdown, By Component, 2018 & 2027 (% Share)
Figure 46. Europe POS Software Market Breakdown, By Deployment, 2018 & 2027 (% Share)
Figure 47. Europe POS Software Market Breakdown, By Application, 2018 & 2027 (% Share)
Figure 48. Europe POS Software Market Breakdown, By End user, 2018 & 2027 (% Share)
Figure 49. Europe POS Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 50. Germany POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 51. France POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 52. Italy POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 53. UK POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 54. Russia POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 55. Rest of Europe POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 56. APAC POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 57. APAC POS Software Market Breakdown, By Component, 2018 & 2027 (%)
Figure 58. APAC POS Software Market Breakdown, By Deployment, 2018 & 2027 (%)
Figure 59. APAC POS Software Market Breakdown, By Application, 2018 & 2027 (%)
Figure 60. APAC POS Software Market Breakdown, By End user, 2018 & 2027 (%)
Figure 61. APAC POS Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 62. China POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 63. Japan POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 64. India POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 65. South Korea POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 66. Australia POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 67. Rest of APAC POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 68. MEA POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 69. MEA POS Software Market Breakdown, By Component, 2018 & 2027 (% Share)
Figure 70. MEA POS Software Market Breakdown, By Deployment, 2018 & 2027 (%)
Figure 71. MEA POS Software Market Breakdown, By Application, 2018 & 2027 (%)
Figure 72. MEA POS Software Market Breakdown, By End user, 2018 & 2027 (%)
Figure 73. MEA POS Software Market Breakdown, By Country, 2018 & 2027 (% Share)
Figure 74. UAE POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 75. Saudi Arabia POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 76. South Africa POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 77. Rest of MEA POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 78. SAM POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 79. SAM POS Software Market Breakdown, By Component, 2018 & 2027 (%)
Figure 80. SAM POS Software Market Breakdown, By Deployment, 2018 & 2027 (%)
Figure 81. SAM POS Software Market Breakdown, By Application, 2018 & 2027 (%)
Figure 82. SAM POS Software Market Breakdown, By End user, 2018 & 2027 (%)
Figure 83. SAM POS Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 84. Brazil POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 85. Argentina POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 86. Rest of SAM POS Software Market Revenue and Forecast to 2027 (US$ Mn)
The List of Companies
- AccuPOS Point of Sale
- Clover Network, Inc.
- Dell Inc.
- Honeywell International, Inc
- Infor Inc.
- Ingenico Group SA
- Intuit, Inc.
- LightSpeed POS Inc.
- ShopKeep
- Vend Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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