Market Overview:
The global hardware store software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based hardware store software and the growing trend of BYOD (Bring Your Own Device). Additionally, the rising adoption of mobile devices is also contributing to the growth of this market. However, lack of awareness about hardware store software among small businesses may restrain the growth of this market during the forecast period. On premise type segment held a major share in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to factors such as low cost and easy installation & maintenance associated with on premise type software.
Product Definition:
Hardware store software is a type of retail management software that is specifically designed for use in hardware stores. It typically includes features that allow the user to track inventory, create and print invoices, and manage customer records. Hardware store software can be very helpful in managing a busy hardware store, as it allows the user to keep track of all aspects of the business in one place.
Cloud based:
Cloud based solutions are gaining popularity in the hardware store software market owing to its benefits such as flexibility, cost effectiveness and ease of use. The shift towards cloud computing is expected to have a positive impact on the growth of this market over the forecast period. Cloud based solutions offer various advantages including easy deployment, rapid integration and low maintenance which has resulted in increased adoption by small & medium enterprises.
On premise:
On premise is a term used for software or hardware that is present on the end user's system and can be licensed, purchased or rented. The license terms and conditions are decided between the end-user and the provider of on premise software/hardware. On premise software solutions do not require an internet connection unlike many cloud based solutions which makes it more secure for customers who wish to use this type of service.
Application Insights:
The large enterprise segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The large enterprises sector mainly comprises of companies with more than 500 employees. These companies require robust, reliable and secure software solution that can manage their entire hardware inventory across different channels such as e-commerce, retail stores and distribution centers. The on-premise software solutions are preferred by these organizations as they offer flexibility, control & ownership of data along with a complete end-to-end visibility into all operations within the organization¢â‚¬â„¢s supply chain network.
The SMB segment is expected to register significant growth over the forecast period owing to increasing penetration of small businesses (less than 250 employees).
Regional Analysis:
The North American region dominated the global market in 2017. The growth can be attributed to the presence of a large number of industry players, such as Oracle Corporation; Microsoft Corporation; Salesforce.com, Inc.; and IBM Corporation in this region. These companies are continuously investing in R&D activities for developing advanced software solutions that meet the growing needs of end users across various industries including manufacturing & supply chain, retail & consumer goods, and others. Moreover, increasing demand for cloud based solutions among small & medium enterprises (SMEs) is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during 2018 - 2030 due to increasing adoption by SMEs operating with limited resources.
Growth Factors:
- Increased demand for hardware store software from small and medium-sized businesses (SMBs) due to the growing popularity of do-it-yourself (DIY) projects.
- Hardware store software providers that offer a comprehensive feature set, including inventory management, sales tracking, and customer relationship management (CRM), will experience the highest growth rates.
- The increasing use of mobile devices by consumers for shopping purposes will benefit hardware store software providers that have developed mobile apps or responsive websites.
- The growing trend of "smart home" technology will lead more consumers to purchase hardware products from brick-and-mortar stores, providing a boost to the hardware store software market.
- Consolidation among hardware stores will create opportunities for new entrants in the market who can provide innovative solutions that improve operational efficiency and help reduce costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Hardware Store Software Market Research Report
By Type
Cloud based, On premise
By Application
Large Enterprise, SMB
By Companies
Epos Now, AmberPOS, COMCASH, NCR Counterpoint, Retail Management Hero, Bepoz, iVend Retail, Agiliron, RockSolid MAX, ERPLY, LS Nav, Clover POS, Spruce, Acumen, SAP, Retail Express
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Hardware Store Software Market Report Segments:
The global Hardware Store Software market is segmented on the basis of:
Types
Cloud based, On premise
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, SMB
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
- AmberPOS
- COMCASH
- NCR Counterpoint
- Retail Management Hero
- Bepoz
- iVend Retail
- Agiliron
- RockSolid MAX
- ERPLY
- LS Nav
- Clover POS
- Spruce
- Acumen
- SAP
- Retail Express
Highlights of The Hardware Store 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 premise
- By Application:
- Large Enterprise
- SMB
- 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 Hardware Store 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
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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?
Hardware store software is a type of software that helps hardware stores manage their inventory and sales. It can include features such as order management, product listing, and inventory tracking.
Some of the major companies in the hardware store software market are Epos Now, AmberPOS, COMCASH, NCR Counterpoint, Retail Management Hero, Bepoz, iVend Retail, Agiliron, RockSolid MAX, ERPLY, LS Nav, Clover POS, Spruce, Acumen, SAP, Retail Express.
The hardware store software market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hardware Store 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 Hardware Store Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hardware Store 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 Hardware Store 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 Hardware Store Software Market Size & Forecast, 2020-2028
4.5.1 Hardware Store Software Market Size and Y-o-Y Growth
4.5.2 Hardware Store Software Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Cloud based
5.2.2 On premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Large Enterprise
6.2.2 SMB
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hardware Store 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 Hardware Store 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Cloud based
9.6.2 On premise
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 Market Size Forecast by Applications
9.10.1 Large Enterprise
9.10.2 SMB
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Cloud based
10.6.2 On premise
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 Market Size Forecast by Applications
10.10.1 Large Enterprise
10.10.2 SMB
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Cloud based
11.6.2 On premise
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 Market Size Forecast by Applications
11.10.1 Large Enterprise
11.10.2 SMB
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Cloud based
12.6.2 On premise
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 Market Size Forecast by Applications
12.10.1 Large Enterprise
12.10.2 SMB
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Cloud based
13.6.2 On premise
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) Market Size Forecast by Applications
13.10.1 Large Enterprise
13.10.2 SMB
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 Hardware Store Software Market: Competitive Dashboard
14.2 Global Hardware Store Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Epos Now
14.3.2 AmberPOS
14.3.3 COMCASH
14.3.4 NCR Counterpoint
14.3.5 Retail Management Hero
14.3.6 Bepoz
14.3.7 iVend Retail
14.3.8 Agiliron
14.3.9 RockSolid MAX
14.3.10 ERPLY
14.3.11 LS Nav
14.3.12 Clover POS
14.3.13 Spruce
14.3.14 Acumen
14.3.15 SAP
14.3.16 Retail Express
