Market Overview:
The global cannabis POS software market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing legalization of cannabis for medical and recreational purposes, rising demand for point-of-sale (POS) software in the cannabis industry, and growing number of dispensaries and retail stores. Based on type, the global cannabis POS software market can be segmented into basic (under 0/month), standard (0-500/month), and senior (0+/month) segments. The standard segment is expected to account for a major share of the global market due to its features such as inventory management, order tracking, customer relationship management (CRM), etc. Based on application, the global cannabis POS software market can be divided into large enterprise and SMEs segments. The large enterprise segment is anticipated to hold a larger share of the overall market owing to higher adoption rates in this sector.
Product Definition:
Cannabis POS Software is a point-of-sale (POS) system specifically designed for the cannabis industry. It allows dispensary owners to track sales and inventory, manage employees, and accept payments. Cannabis POS Software is important because it helps dispensaries run their businesses more efficiently.
Basic (Under 0/Month):
Basic (Under 0/ Month) is the most common type of cannabis POS software and it's used for dispensaries that have low to medium revenue. The factors that propel its usage are; it has a simple user interface, basic analytics features, and low cost compared to other cannabis POS software.
The market size for Basic (Under 0/ Month) segment is expected to be larger than High end because there are many more small players in the market than large ones.
Standard (0-500 /Month):
The Standard segment is used to indicate the range of prices for a cannabis point-of-sale system. The cost of a POS system ranges from USD 200 to over USD 5,000 and depends on its features and functionality. The software required for running a store can be had for under 0 while the hardware costs ranging from ,000 to over ,000 depending on its configuration such as size display units or tablets etc.
Application Insights:
The large enterprise segment dominated the market in 2017. This is attributed to factors such as extensive product portfolio, advanced features and services, and high transaction volumes. Furthermore, companies operating in the cannabis industry are adopting a modern retail management solution that includes inventory management, store maintenance scheduling, marketing & advertising materials distribution and point-of-sale systems. These solutions help enterprises manage their business effectively by reducing operational costs while increasing productivity.
The SMEs segment is expected to witness significant growth over the forecast period owing to rising awareness regarding cannabis among small businesses owners who have been itching for ways to enter into this lucrative industry without having technical knowledge of marijuana plant cultivation or related technologies involved.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to presence of prominent cannabis retailers and increasing adoption of advanced technologies across the retail sector. Moreover, legalization of marijuana for recreational and medical purposes in U.S. states such as California, Maine, Massachusetts, Nevada, Arizona and Washington is anticipated to drive regional growth over the next few years.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising number of cannabis consumers coupled with government initiatives pertaining towards legalization in various countries such as India.
Growth Factors:
- Increasing legalization of cannabis for medical and recreational purposes across the globe is expected to drive the growth of Cannabis POS Software market.
- Growing demand for cannabis from various end-use industries is projected to fuel the growth of Cannabis POS Software market in near future.
- Rising number of dispensaries and retail stores offering cannabis products is anticipated to boost the demand for Cannabis POS Software over the forecast period.
- Proliferation of digital technologies such as cloud-based solutions and mobile apps are expected to create new opportunities for players operating in Cannabis POS Software market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cannabis POS Software Market Research Report
By Type
Basic (Under $200/Month), Standard ($200-500 /Month), Senior ($500+/Month)
By Application
Large Enterprise, SMEs
By Companies
Meadow, PROTEUS 420, IndicaOnline, Canaveri, Flowhub, Treez, Cova, Helix BioTrack, Greenbits, WebJoint, Viridian Sciences, 365 Cannabis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Cannabis POS Software Market Report Segments:
The global Cannabis POS Software market is segmented on the basis of:
Types
Basic (Under $200/Month), Standard ($200-500 /Month), Senior ($500+/Month)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprise, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Meadow
- PROTEUS 420
- IndicaOnline
- Canaveri
- Flowhub
- Treez
- Cova
- Helix BioTrack
- Greenbits
- WebJoint
- Viridian Sciences
- 365 Cannabis
Highlights of The Cannabis POS Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Basic (Under $200/Month)
- Standard ($200-500 /Month)
- Senior ($500+/Month)
- By Application:
- Large Enterprise
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cannabis POS Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cannabis POS software is a computer application that helps businesses manage their cannabis sales. It includes features such as inventory management, customer tracking, and tax calculation.
Some of the key players operating in the cannabis pos software market are Meadow, PROTEUS 420, IndicaOnline, Canaveri, Flowhub, Treez, Cova, Helix BioTrack, Greenbits, WebJoint, Viridian Sciences, 365 Cannabis.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cannabis POS Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cannabis POS Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cannabis POS Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cannabis POS Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cannabis POS Software Market Size & Forecast, 2018-2028
4.5.1 Cannabis POS Software Market Size and Y-o-Y Growth
4.5.2 Cannabis POS Software Market Absolute $ Opportunity
Chapter 5 Global Cannabis POS Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cannabis POS Software Market Size Forecast by Type
5.2.1 Basic (Under $200/Month)
5.2.2 Standard ($200-500 /Month)
5.2.3 Senior ($500+/Month)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cannabis POS Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cannabis POS Software Market Size Forecast by Applications
6.2.1 Large Enterprise
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cannabis POS Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cannabis POS Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cannabis POS Software Analysis and Forecast
9.1 Introduction
9.2 North America Cannabis POS Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cannabis POS Software Market Size Forecast by Type
9.6.1 Basic (Under $200/Month)
9.6.2 Standard ($200-500 /Month)
9.6.3 Senior ($500+/Month)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cannabis POS Software Market Size Forecast by Applications
9.10.1 Large Enterprise
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cannabis POS Software Analysis and Forecast
10.1 Introduction
10.2 Europe Cannabis POS Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cannabis POS Software Market Size Forecast by Type
10.6.1 Basic (Under $200/Month)
10.6.2 Standard ($200-500 /Month)
10.6.3 Senior ($500+/Month)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cannabis POS Software Market Size Forecast by Applications
10.10.1 Large Enterprise
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cannabis POS Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cannabis POS Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cannabis POS Software Market Size Forecast by Type
11.6.1 Basic (Under $200/Month)
11.6.2 Standard ($200-500 /Month)
11.6.3 Senior ($500+/Month)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cannabis POS Software Market Size Forecast by Applications
11.10.1 Large Enterprise
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cannabis POS Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Cannabis POS Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cannabis POS Software Market Size Forecast by Type
12.6.1 Basic (Under $200/Month)
12.6.2 Standard ($200-500 /Month)
12.6.3 Senior ($500+/Month)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cannabis POS Software Market Size Forecast by Applications
12.10.1 Large Enterprise
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cannabis POS Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cannabis POS Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cannabis POS Software Market Size Forecast by Type
13.6.1 Basic (Under $200/Month)
13.6.2 Standard ($200-500 /Month)
13.6.3 Senior ($500+/Month)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cannabis POS Software Market Size Forecast by Applications
13.10.1 Large Enterprise
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cannabis POS Software Market: Competitive Dashboard
14.2 Global Cannabis POS Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Meadow
14.3.2 PROTEUS 420
14.3.3 IndicaOnline
14.3.4 Canaveri
14.3.5 Flowhub
14.3.6 Treez
14.3.7 Cova
14.3.8 Helix BioTrack
14.3.9 Greenbits
14.3.10 WebJoint
14.3.11 Viridian Sciences
14.3.12 365 Cannabis
