Market Overview:
The global convenience store POS software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based POS software and the growing trend of retail automation. In terms of type, the cloud-based segment is expected to grow at a higher CAGR than the on-premises segment during the forecast period. This can be attributed to the growing preference for cloud-based solutions among small and medium businesses (SMBs). By application, retail stores are expected to account for a larger share of this market than supermarkets during the forecast period. North America is estimated to account for a major share of this market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A Convenience Store POS Software is a computer software that is used to manage the sales and inventory of a convenience store. It helps to keep track of the products that are being sold, how much stock is left, and who made the sale. It can also be used to generate reports on sales trends and inventory levels.
Cloud-Based:
Cloud-based software is a type of software that runs on the server and uses the internet to communicate with the user. The data is stored remotely using an Internet Protocol (IP) address, which allows retailers to store information about customers and other essential business data. Cloud-based POS systems are designed for businesses that need to process large volumes of customer transactions at high speeds. These systems can be used by small businesses as well as large retail chains depending upon their requirements.
On-Premises:
On-premises is a term used for software that is installed and operated from the same computer on which the end-users work. The software can be installed on a desktop, laptop or server. On-premises software does not require an internet connection to run; it can be used directly by the user or through remote access.
The major advantage of installing this type of POS system over cloud based solutions is that there are no subscription fees.
Application Insights:
The retail store segment accounted for the largest revenue share in 2017 and is anticipated to maintain its dominance over the forecast period. The rising number of retail stores across the globe is fueling demand for convenient store POS software, which helps retailers manage inventory, customers¢â‚¬â„¢ transactions and loyalty programs efficiently. Moreover, with an increasing number of e-commerce players entering into brick-and-mortar stores to conduct business activities, demand for convenience store POS software has increased significantly across various regions globally.
The growing popularity of online shopping coupled with rising consumer preference towards online purchasing has led supermarkets to adopt convenient storePOS systems as they provide a cost-effective method of managing day-to-. morrow sales while enhancing customer experience by reducing long queues at checkouts. Furthermore, these systems help supermarkets in gaining insights about their customers¢â‚¬â„¢ buying patterns thereby enabling them to offer better services resulting in higher revenues generated through operations.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to several factors such as increasing adoption of advanced technologies, presence of a large number of prominent players and high demand for self-service transactions. Moreover, rising need for cost-effective POS software by small & medium retailers is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing awareness about convenience retail among consumers and rapid expansion & modernization in this sector especially in India and China. Furthermore, growing penetration of organized retail chains such as BigBasket (acquired by Amazon), Grofers (acquired by Uber Eats) and Swiggy (acquired by Zomato Media Pvt Ltd) will further boost regional demand during 2018 - 2030 period.
Growth Factors:
- Increasing demand for convenience store POS software from small and medium-sized businesses (SMBs) due to the growing trend of online shopping and the need for faster checkout processes.
- The increasing demand for cloud-based POS software, which allows businesses to access their data from any device with an internet connection, is expected to drive growth in the convenience store POS software market.
- The growing popularity of mobile payments is also expected to contribute to the growth of the convenience store POS software market.
- The increasing use of self-checkout terminals in convenience stores is another factor that is expected to fuel growth in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Convenience Store POS Software Market Research Report
By Type
Cloud-Based, On-Premises
By Application
Retail Store, Supermarket
By Companies
Epos Now, POS Nation, Comcash, COMBASE USA, ACCEO Smart Vendor POS, Brilliant POS, Hippos Software, Fattmerchant, LS Retail, CitiXsys, Bepoz America, ShopKeep, talech, PayPal, Stripe, Square, PHP Point Of Sale, Route4Me
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Convenience Store POS Software Market Report Segments:
The global Convenience Store POS Software market is segmented on the basis of:
Types
Cloud-Based, On-Premises
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
Retail Store, Supermarket
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:
- Epos Now
- POS Nation
- Comcash
- COMBASE USA
- ACCEO Smart Vendor POS
- Brilliant POS
- Hippos Software
- Fattmerchant
- LS Retail
- CitiXsys
- Bepoz America
- ShopKeep
- talech
- PayPal
- Stripe
- Square
- PHP Point Of Sale
- Route4Me
Highlights of The Convenience Store 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:
- Cloud-Based
- On-Premises
- By Application:
- Retail Store
- Supermarket
- 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 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.
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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 POS software is a computer program that helps convenience store owners and operators manage their business. It includes features such as inventory management, cash drawer tracking, and sales reporting.
Some of the major companies in the convenience store pos software market are Epos Now, POS Nation, Comcash, COMBASE USA, ACCEO Smart Vendor POS, Brilliant POS, Hippos Software, Fattmerchant, LS Retail, CitiXsys, Bepoz America, ShopKeep, talech, PayPal, Stripe, Square, PHP Point Of Sale, Route4Me.
The convenience store pos software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Convenience Store 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 Convenience Store POS Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Convenience Store 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 Convenience Store 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 Convenience Store POS Software Market Size & Forecast, 2018-2028
4.5.1 Convenience Store POS Software Market Size and Y-o-Y Growth
4.5.2 Convenience Store POS Software Market Absolute $ Opportunity
Chapter 5 Global Convenience Store 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 Convenience Store POS Software Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Convenience Store 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 Convenience Store POS Software Market Size Forecast by Applications
6.2.1 Retail Store
6.2.2 Supermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Convenience Store 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 Convenience Store 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 Convenience Store POS Software Analysis and Forecast
9.1 Introduction
9.2 North America Convenience Store 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 Convenience Store POS Software Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premises
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 POS Software Market Size Forecast by Applications
9.10.1 Retail Store
9.10.2 Supermarket
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 POS Software Analysis and Forecast
10.1 Introduction
10.2 Europe Convenience Store 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 Convenience Store POS Software Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premises
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 POS Software Market Size Forecast by Applications
10.10.1 Retail Store
10.10.2 Supermarket
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 POS Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Convenience Store 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 Convenience Store POS Software Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premises
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 POS Software Market Size Forecast by Applications
11.10.1 Retail Store
11.10.2 Supermarket
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 POS Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Convenience Store 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 Convenience Store POS Software Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premises
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 POS Software Market Size Forecast by Applications
12.10.1 Retail Store
12.10.2 Supermarket
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 POS Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Convenience Store 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) Convenience Store POS Software Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premises
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 POS Software Market Size Forecast by Applications
13.10.1 Retail Store
13.10.2 Supermarket
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 POS Software Market: Competitive Dashboard
14.2 Global Convenience Store POS Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Epos Now
14.3.2 POS Nation
14.3.3 Comcash
14.3.4 COMBASE USA
14.3.5 ACCEO Smart Vendor POS
14.3.6 Brilliant POS
14.3.7 Hippos Software
14.3.8 Fattmerchant
14.3.9 LS Retail
14.3.10 CitiXsys
14.3.11 Bepoz America
14.3.12 ShopKeep
14.3.13 talech
14.3.14 PayPal
14.3.15 Stripe
14.3.16 Square
14.3.17 PHP Point Of Sale
14.3.18 Route4Me
