Market Overview:
The global convenience store management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience store management software from small and medium enterprises (SMEs) and large enterprises across the globe. Additionally, the growing trend of online shopping is also contributing to the growth of this market. The global convenience store management software market can be segmented on the basis of type into web-based and installed software. The web-based segment is expected to grow at a higher CAGR than the installed segment during the forecast period from 2018 to 2030. This can be attributed to its low installation cost and easy accessibility across different geographies. On the basis of application,the global convenience store management software market can be divided into SMEs and large enterprises segments.
Product Definition:
A convenience store management software is used to manage the daily operations of a convenience store. It helps track inventory, sales, and employees. It can also help with ordering and tracking stock.
Web-based:
The global web-based software market size was valued at USD 2,867.1 million in 2015 and is expected to witness a significant growth owing to the increasing demand for convenience store management software across the globe. The rising need among retailers for effective inventory management coupled with growing competition from e-commerce vendors is anticipated to drive industry growth over the forecast period.
Installed:
The global Installed and it's usage in Convenience Store Management Software market size was valued at USD 0.9 million in 2016. The growing demand for convenience stores to meet consumer needs such as fresh food, daily essentials, and other hot items is expected to drive the growth of this industry over the forecast period.
Application Insights:
The small and medium enterprises segment held the largest share of over 70.0% in 2017. The segment is expected to continue its dominance over the forecast period owing to increasing penetration of smartphones, which has led to an increase in demand for convenient stores among consumers. Furthermore, technological advancements such as implementation of advanced technologies such as big data analytics have enabled convenience stores owners/operators to offer a better experience to customers by tracking their purchases and providing personalized offers. This has resulted in increased adoption of convenience store management software among SMEs across the globe.
The large enterprise application segment is expected register significant growth over the forecast period owing to growing adoption by leading retail chains including 7-Eleven Inc., Circle K Sdn Bhd., Aeon Co., Ltd., Sheetal Gas Station & Market, Quick N Easy Mart (India) Pvt Ltd., 24-7 Pvt Ltd.; etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to increasing adoption of convenience store management software by large enterprises for inventory tracking and reporting purposes. Furthermore, presence of a large number of prominent vendors in North America has led to increased adoption of these systems across various industries, thereby boosting revenue growth.
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period owing to rising demand for convenient food products from consumers, especially millennials and working class adults who are busy with their jobs and do not have much time for cooking at home.
Growth Factors:
- Increasing demand for convenience store management software from small and medium-sized businesses (SMBs) due to the advantages offered by these solutions over traditional retail management software.
- The growing trend of online shopping is driving the demand for convenience store management software as it helps retailers manage their online presence effectively.
- The increasing adoption of mobile devices among consumers is resulting in the increased demand for convenience store management software that offers features such as mobile commerce support and location-based services.
- Rapid advancements in technology are enabling developers to create innovative convenience store management software, thereby fueling the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Convenience Store Management Software Market Research Report
By Type
Web-based, Installed
By Application
SMEs, Large Enterprise
By Companies
AccuPOS, SSCS, PDI, POS Nation, ADD Systems, DataMax, SHENZHEN KEMAI, CStorePro Inc., Petrosoft, Paytronix, Siss, NCR, Oracle, Fujitsu, Shopify, Verifone
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Convenience Store Management Software Market Report Segments:
The global Convenience Store Management Software market is segmented on the basis of:
Types
Web-based, Installed
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
SMEs, Large Enterprise
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:
- AccuPOS
- SSCS
- PDI
- POS Nation
- ADD Systems
- DataMax
- SHENZHEN KEMAI
- CStorePro Inc.
- Petrosoft
- Paytronix
- Siss
- NCR
- Oracle
- Fujitsu
- Shopify
- Verifone
Highlights of The Convenience Store Management 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:
- Web-based
- Installed
- By Application:
- SMEs
- Large Enterprise
- 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 Convenience Store Management 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.
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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?
Convenience store management software is a computer program that helps convenience store owners and managers keep track of inventory, sales, expenses, and other business data. The software can also help owners manage customer relationships and employee productivity.
Some of the major companies in the convenience store management software market are AccuPOS, SSCS, PDI, POS Nation, ADD Systems, DataMax, SHENZHEN KEMAI, CStorePro Inc., Petrosoft, Paytronix, Siss, NCR, Oracle, Fujitsu, Shopify, Verifone.
The convenience store management software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Convenience Store Management 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 Convenience Store Management Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Convenience Store Management 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 Convenience Store Management 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 Convenience Store Management Software Market Size & Forecast, 2018-2028 4.5.1 Convenience Store Management Software Market Size and Y-o-Y Growth 4.5.2 Convenience Store Management Software Market Absolute $ Opportunity
Chapter 5 Global Convenience Store Management 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 Convenience Store Management Software Market Size Forecast by Type
5.2.1 Web-based
5.2.2 Installed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Convenience Store Management 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 Convenience Store Management Software Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Convenience Store Management 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 Convenience Store Management 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 Convenience Store Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Convenience Store Management 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 Convenience Store Management Software Market Size Forecast by Type
9.6.1 Web-based
9.6.2 Installed
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 Convenience Store Management Software Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprise
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 Convenience Store Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Convenience Store Management 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 Convenience Store Management Software Market Size Forecast by Type
10.6.1 Web-based
10.6.2 Installed
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 Convenience Store Management Software Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprise
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 Convenience Store Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Convenience Store Management 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 Convenience Store Management Software Market Size Forecast by Type
11.6.1 Web-based
11.6.2 Installed
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 Convenience Store Management Software Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprise
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 Convenience Store Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Convenience Store Management 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 Convenience Store Management Software Market Size Forecast by Type
12.6.1 Web-based
12.6.2 Installed
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 Convenience Store Management Software Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprise
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) Convenience Store Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Convenience Store Management 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) Convenience Store Management Software Market Size Forecast by Type
13.6.1 Web-based
13.6.2 Installed
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) Convenience Store Management Software Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprise
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 Convenience Store Management Software Market: Competitive Dashboard
14.2 Global Convenience Store Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AccuPOS
14.3.2 SSCS
14.3.3 PDI
14.3.4 POS Nation
14.3.5 ADD Systems
14.3.6 DataMax
14.3.7 SHENZHEN KEMAI
14.3.8 CStorePro Inc.
14.3.9 Petrosoft
14.3.10 Paytronix
14.3.11 Siss
14.3.12 NCR
14.3.13 Oracle
14.3.14 Fujitsu
14.3.15 Shopify
14.3.16 Verifone