Product Code: SR1423A111_Report
The global Point of Sale (POS) software market size reached US$ 10.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.5 Billion by 2028, exhibiting a growth rate (CAGR) of 8.4% during 2023-2028.
Point-of-sale (POS) software enables businesses or merchants to manage store operations and perform online retail transactions. It aids in managing inventory, supervising sales, searching for products, accepting payments, scanning consumer goods information faster, tracking taxes, and analyzing and representing sales reports to provide accurate business insights. This, in turn, assists enterprises in ensuring quicker payments, providing a better customer experience, maintaining price consistency, simplifying business operations, and optimizing workflow. At present, POS software is mainly available in fixed and mobile solution types.
POS Software Market Trends:
- The widespread adoption of POS software across various industrial verticals can be attributed to rapid digitization and the increasing need for efficient electronic or in-store payment facilities to ensure safe, flexible, and accurate money management while eliminating human errors. In line with this, the extensive employment of e-wallets (electronic wallets) to store credit and debit card information to provide convenience and flexibility to the user during online transactions is acting as another growth-inducing factor. Additionally, the integration of software as a service (SaaS), cloud computing, and customer relationship management (CRM) solutions that assist in tracking customer behavior, collecting data, and increasing business revenue is contributing to the market growth. Moreover, the increasing demand for contactless payment options, especially during the sudden outbreak of the coronavirus disease (COVID-19) pandemic, is creating a favorable scenario for the market growth. The pandemic led consumers to shift toward various e-commerce platforms to order food, medicines, and other essential commodities, which, in turn, escalated the number of online deliveries, thus propelling the market growth. Other factors, such as the easy availability of high-speed internet connectivity and strategic collaborations amongst leading players to introduce mobile POS with biometric solutions, are creating a positive outlook for the market.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global POS software market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, type, deployment mode, organization size, application and end user.
Breakup by Component:
Breakup by Type:
Breakup by Deployment Mode:
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by Application:
- Inventory Tracking
- Sales Reporting
- Purchasing Management
- Customer Engagement
- Others
Breakup by End User:
- Restaurants
- Hospitality
- Healthcare
- Retail
- Warehouse
- Entertainment
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Block Inc., Clover Network LLC (Fiserv Inc.), HP Development Company L.P., Idealpos Solutions Pty Ltd, Intel Corporation, Microsoft Corporation, NCR Corporation, Panasonic Canada Inc (Panasonic Holdings Corporation), Revel Systems Inc., SwiftPOS (MSL Solutions), Toast Inc., Toshiba Corporation and Vend Limited (Lightspeed).
Key Questions Answered in This Report:
- How has the global POS software market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global POS software market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global POS software market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global POS Software Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Software
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Service
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Type
- 7.1 Fixed POS
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Mobile POS
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Deployment Mode
- 8.1 Cloud-based
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 On-premises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Organization Size
- 9.1 Large Enterprises
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Small and Medium-sized Enterprises
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Application
- 10.1 Inventory Tracking
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Sales Reporting
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Purchasing Management
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Customer Engagement
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Others
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 Market Breakup by End User
- 11.1 Restaurants
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Hospitality
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Healthcare
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
- 11.4 Retail
- 11.4.1 Market Trends
- 11.4.2 Market Forecast
- 11.5 Warehouse
- 11.5.1 Market Trends
- 11.5.2 Market Forecast
- 11.6 Entertainment
- 11.6.1 Market Trends
- 11.6.2 Market Forecast
- 11.7 Others
- 11.7.1 Market Trends
- 11.7.2 Market Forecast
12 Market Breakup by Region
- 12.1 North America
- 12.1.1 United States
- 12.1.1.1 Market Trends
- 12.1.1.2 Market Forecast
- 12.1.2 Canada
- 12.1.2.1 Market Trends
- 12.1.2.2 Market Forecast
- 12.2 Asia-Pacific
- 12.2.1 China
- 12.2.1.1 Market Trends
- 12.2.1.2 Market Forecast
- 12.2.2 Japan
- 12.2.2.1 Market Trends
- 12.2.2.2 Market Forecast
- 12.2.3 India
- 12.2.3.1 Market Trends
- 12.2.3.2 Market Forecast
- 12.2.4 South Korea
- 12.2.4.1 Market Trends
- 12.2.4.2 Market Forecast
- 12.2.5 Australia
- 12.2.5.1 Market Trends
- 12.2.5.2 Market Forecast
- 12.2.6 Indonesia
- 12.2.6.1 Market Trends
- 12.2.6.2 Market Forecast
- 12.2.7 Others
- 12.2.7.1 Market Trends
- 12.2.7.2 Market Forecast
- 12.3 Europe
- 12.3.1 Germany
- 12.3.1.1 Market Trends
- 12.3.1.2 Market Forecast
- 12.3.2 France
- 12.3.2.1 Market Trends
- 12.3.2.2 Market Forecast
- 12.3.3 United Kingdom
- 12.3.3.1 Market Trends
- 12.3.3.2 Market Forecast
- 12.3.4 Italy
- 12.3.4.1 Market Trends
- 12.3.4.2 Market Forecast
- 12.3.5 Spain
- 12.3.5.1 Market Trends
- 12.3.5.2 Market Forecast
- 12.3.6 Russia
- 12.3.6.1 Market Trends
- 12.3.6.2 Market Forecast
- 12.3.7 Others
- 12.3.7.1 Market Trends
- 12.3.7.2 Market Forecast
- 12.4 Latin America
- 12.4.1 Brazil
- 12.4.1.1 Market Trends
- 12.4.1.2 Market Forecast
- 12.4.2 Mexico
- 12.4.2.1 Market Trends
- 12.4.2.2 Market Forecast
- 12.4.3 Others
- 12.4.3.1 Market Trends
- 12.4.3.2 Market Forecast
- 12.5 Middle East and Africa
- 12.5.1 Market Trends
- 12.5.2 Market Breakup by Country
- 12.5.3 Market Forecast
13 SWOT Analysis
- 13.1 Overview
- 13.2 Strengths
- 13.3 Weaknesses
- 13.4 Opportunities
- 13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
- 15.1 Overview
- 15.2 Bargaining Power of Buyers
- 15.3 Bargaining Power of Suppliers
- 15.4 Degree of Competition
- 15.5 Threat of New Entrants
- 15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
- 17.1 Market Structure
- 17.2 Key Players
- 17.3 Profiles of Key Players
- 17.3.1 Block Inc.
- 17.3.1.1 Company Overview
- 17.3.1.2 Product Portfolio
- 17.3.1.3 Financials
- 17.3.2 Clover Network LLC (Fiserv Inc.)
- 17.3.2.1 Company Overview
- 17.3.2.2 Product Portfolio
- 17.3.3 HP Development Company L.P.
- 17.3.3.1 Company Overview
- 17.3.3.2 Product Portfolio
- 17.3.3.3 Financials
- 17.3.3.4 SWOT Analysis
- 17.3.4 Idealpos Solutions Pty Ltd
- 17.3.4.1 Company Overview
- 17.3.4.2 Product Portfolio
- 17.3.5 Intel Corporation
- 17.3.5.1 Company Overview
- 17.3.5.2 Product Portfolio
- 17.3.5.3 Financials
- 17.3.5.4 SWOT Analysis
- 17.3.6 Microsoft Corporation
- 17.3.6.1 Company Overview
- 17.3.6.2 Product Portfolio
- 17.3.6.3 Financials
- 17.3.6.4 SWOT Analysis
- 17.3.7 NCR Corporation
- 17.3.7.1 Company Overview
- 17.3.7.2 Product Portfolio
- 17.3.7.3 Financials
- 17.3.7.4 SWOT Analysis
- 17.3.8 Panasonic Canada Inc (Panasonic Holdings Corporation)
- 17.3.8.1 Company Overview
- 17.3.8.2 Product Portfolio
- 17.3.9 Revel Systems Inc.
- 17.3.9.1 Company Overview
- 17.3.9.2 Product Portfolio
- 17.3.10 SwiftPOS (MSL Solutions)
- 17.3.10.1 Company Overview
- 17.3.10.2 Product Portfolio
- 17.3.11 Toast Inc.
- 17.3.11.1 Company Overview
- 17.3.11.2 Product Portfolio
- 17.3.11.3 Financials
- 17.3.12 Toshiba Corporation
- 17.3.12.1 Company Overview
- 17.3.12.2 Product Portfolio
- 17.3.12.3 Financials
- 17.3.12.4 SWOT Analysis
- 17.3.13 Vend Limited (Lightspeed)
- 17.3.13.1 Company Overview
- 17.3.13.2 Product Portfolio