Market Overview:
The global point of sale (POS) software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cloud-based POS software and the growing adoption of mobile POS solutions. The retail sector is expected to account for the largest share of the global POS software market in 2018, followed by restaurants and hospitality industry. North America is expected to dominate the global POS software market in terms of revenue, followed by Europe and Asia Pacific.
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Product Definition:
Point of Sale software is a computer program that helps retail businesses manage their sales transactions. It typically includes features for tracking inventory, generating sales reports, and accepting payments. Point of Sale software can be used in conjunction with traditional cash registers, or it can be used to completely replace them.
Cloud Based:
Cloud-based POS software is a type of cloud computing technology that provides shared computer resources over the internet. It allows businesses to store data on remote servers instead of maintaining it on their internal systems, thereby eliminating backup issues and reducing costs. Cloud-based POS software also offers various benefits such as increased speed in service delivery, reduced IT overhead costs, and easy scalability based on business requirements.
On-Premise:
On-premise software is a type of software that is installed and used on the end user's computer, server or workstation. The end-user can access the software directly from the computer through a network. In other words, this type of deployment does not require an internet connection for business operations.
Application Insights:
The retail segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing adoption of POS systems in supermarkets, hypermarkets, shopping malls and specialty stores. Furthermore, growing penetration of smartphones coupled with rising disposable income levels in developing countries such as India and China is expected to drive demand over the forecast period.
The restaurant segment accounted for a significant market share in 2017 owing to an increase in demand from casual dining restaurants and fine dines alike. A large number of restaurants have started adopting cloud-based POS solutions owing to their ease of use, which has boosted industry growth considerably over the past few years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to presence of a large number of prominent POS software providers such as Oracle Corporation, Shopify, Inc., and Paypal Holdings, Inc. Moreover, increasing adoption of cloud-based POS software by small & medium businesses 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 rising demand for payment technology from various industries in countries such as China and India. In addition, growing retail industry coupled with increasing government support for implementation of advanced technologies across all sectors will drive regional growth during the forecast period.
The European market was valued at USD X billion in 2017 and is projected to expand at a CAGR exceeding 6% from 2018 through 2030 due high prominence held by Germany within this region along with U.
Growth Factors:
- Increasing demand for cloud-based POS software due to its scalability and flexibility benefits.
- Proliferation of mobile devices and the growing trend of mPOS (mobile point-of-sale) systems are fueling the growth of the POS software market.
- Rising demand for integrated retail solutions that offer a single platform to manage all aspects of retail operations is contributing to the growth of the POS software market.
- The increasing adoption of omni-channel retailing is prompting retailers to deploy modern POS systems that can support multiple channels simultaneously.
- Growing demand for sophisticated features such as inventory management, CRM, and analytics in POS software is propelling the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Point of Sale (POS) Software Market Research Report
By Type
Cloud Based, On-Premise
By Application
Retail, Restaurant, Hospitality, Other Industry
By Companies
Shopify, LimeTray, OrderOut, EffiaSoft, Primaseller, YumaPOS, Toast, Vend, TouchBistro, Cybersys, Square, Sapaad, Oracle, Clover, Lavu, Salesforce, Lightspeed, A&B POS Solutions, Heartland Payment Systems, ShopKeep
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Point of Sale (POS) Software Market Report Segments:
The global Point of Sale (POS) 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
Retail, Restaurant, Hospitality, Other Industry
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:
- Shopify
- LimeTray
- OrderOut
- EffiaSoft
- Primaseller
- YumaPOS
- Toast
- Vend
- TouchBistro
- Cybersys
- Square
- Sapaad
- Oracle
- Clover
- Lavu
- Salesforce
- Lightspeed
- A&B POS Solutions
- Heartland Payment Systems
- ShopKeep
 Software Market Overview.svg)
Highlights of The Point of Sale (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-Premise
- By Application:
- Retail
- Restaurant
- Hospitality
- Other Industry
- 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 Point of Sale (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
 Software Market Statistics.svg)
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?
Point of Sale (POS) software is a computer program that helps businesses manage their sales transactions. POS software can be used to process credit and debit card payments, track inventory, and generate reports.
Some of the major players in the point of sale (pos) software market are Shopify, LimeTray, OrderOut, EffiaSoft, Primaseller, YumaPOS, Toast, Vend, TouchBistro, Cybersys, Square, Sapaad, Oracle, Clover, Lavu, Salesforce, Lightspeed, A&B POS Solutions, Heartland Payment Systems, ShopKeep.
The point of sale (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 Point of Sale (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 Point of Sale (POS) Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Point of Sale (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 Point of Sale (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 Point of Sale (POS) Software Market Size & Forecast, 2018-2028
4.5.1 Point of Sale (POS) Software Market Size and Y-o-Y Growth
4.5.2 Point of Sale (POS) Software Market Absolute $ Opportunity
Chapter 5 Global Point of Sale (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 Point of Sale (POS) Software 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 Point of Sale (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 Point of Sale (POS) Software Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Restaurant
6.2.3 Hospitality
6.2.4 Other Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Point of Sale (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 Point of Sale (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 Point of Sale (POS) Software Analysis and Forecast
9.1 Introduction
9.2 North America Point of Sale (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 Point of Sale (POS) Software 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 Point of Sale (POS) Software Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Restaurant
9.10.3 Hospitality
9.10.4 Other Industry
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 Point of Sale (POS) Software Analysis and Forecast
10.1 Introduction
10.2 Europe Point of Sale (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 Point of Sale (POS) Software 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 Point of Sale (POS) Software Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Restaurant
10.10.3 Hospitality
10.10.4 Other Industry
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 Point of Sale (POS) Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Point of Sale (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 Point of Sale (POS) Software 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 Point of Sale (POS) Software Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Restaurant
11.10.3 Hospitality
11.10.4 Other Industry
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 Point of Sale (POS) Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Point of Sale (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 Point of Sale (POS) Software 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 Point of Sale (POS) Software Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Restaurant
12.10.3 Hospitality
12.10.4 Other Industry
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) Point of Sale (POS) Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Point of Sale (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) Point of Sale (POS) Software 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) Point of Sale (POS) Software Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Restaurant
13.10.3 Hospitality
13.10.4 Other Industry
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 Point of Sale (POS) Software Market: Competitive Dashboard
14.2 Global Point of Sale (POS) Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shopify
14.3.2 LimeTray
14.3.3 OrderOut
14.3.4 EffiaSoft
14.3.5 Primaseller
14.3.6 YumaPOS
14.3.7 Toast
14.3.8 Vend
14.3.9 TouchBistro
14.3.10 Cybersys
14.3.11 Square
14.3.12 Sapaad
14.3.13 Oracle
14.3.14 Clover
14.3.15 Lavu
14.3.16 Salesforce
14.3.17 Lightspeed
14.3.18 A&B POS Solutions
14.3.19 Heartland Payment Systems
14.3.20 ShopKeep
