Market Overview:
The global point of sale system 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 POS systems, rising adoption of mobile POS systems, and growing demand for integrated point of sale solutions. Based on type, the global point of sale system market can be segmented into desktop POS systems, handheld POS systems, and mobile POS systems. Desktop POS systems are expected to account for the largest share in terms of revenue in 2018 owing to their widespread adoption by retailers across different regions.
Product Definition:
A Point of Sale (POS) system is a computerized system used to manage transactions at the point of sale. A POS system records sales transactions, tracks inventory, and processes payments. A POS system is an important tool for businesses that sell products or services. It helps businesses track inventory levels, process payments, and manage customer data.
Desktop POS:
Desktop POS is a computer system used in retail stores to process customer payments and other transactions. It is also used by small businesses or independent retailers for inventory management, sales tracking, and billing operations. The global market size was valued at USD 2.72 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024 on account of the increasing demand for mobile point-of-sale systems along with the rising adoption of cloud computing technology among retailers.
Handhold POS:
Handheld POS is a device that enables cash and check payment processing. It is used in combination with a Point of Sale (POS) system. The handheld POS terminal has features such as compact size, wireless connectivity, touchscreen display for easy operation and it also helps to reduce manual work significantly.
The global handhold POS market size was valued at USD 1,849.7 million in 2016.
Application Insights:
The retail segment dominated the global point of sale system market, accounting for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to increasing consumer spending on luxury goods and services and a growing preference for electronic payment systems among retailers across the globe. Furthermore, rising penetration of smartphones has enabled consumers to pay via mobile payments at stores without having to enter their pin codes every time they make a purchase. This factor is likely to drive demand from retailers over the forecast period.
The hospitality industry is anticipated to register considerable growth over the forecast period owing to an increase in demand from hotels and restaurants for cashless transactions using digital wallets such as PayPal or Square Cash App, Inc., which offer secure storage facilities for payment receivables generated by business operations such as room rates, food bills and event ticket sales through their respective mobile apps or online portals (Hospitality Network Magazine 2018).
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to presence of a large number of retail and restaurant establishments as well as high adoption rate for advanced technologies. Furthermore, increasing demand for cashless payment systems is expected to drive the POS system industry in North America over the forecast period.
Growth Factors:
- Increasing demand for Point of Sale Systems from small and medium businesses
- Rising demand for cloud-based Point of Sale Systems
- Proliferation of mobile devices and the growing trend of m-commerce
- Emergence of new payment technologies such as NFC and Bitcoin
- Growing number of retail establishments worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Point Of Sale System Market Research Report
By Type
Desktop POS, Handhold POS, Mobile POS
By Application
Retail, Restaurant, Hospitality Industry, Others
By Companies
Epson, HP, Intuit, Samsung, Honeywell, PayPal, Aldelo, Alexandria Computers, BankServ, Bixolon, Epson, Dascom, Elo Touch, Wells Fargo, GoVenture, Informatics, NCH Software, QuickBooks, Star Micronics, Topaz Systems, VeriFone, Wasp Barcode
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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Point Of Sale System Market Report Segments:
The global Point Of Sale System market is segmented on the basis of:
Types
Desktop POS, Handhold POS, Mobile POS
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 Industry, Others
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:
- Epson
- HP
- Intuit
- Samsung
- Honeywell
- PayPal
- Aldelo
- Alexandria Computers
- BankServ
- Bixolon
- Epson
- Dascom
- Elo Touch
- Wells Fargo
- GoVenture
- Informatics
- NCH Software
- QuickBooks
- Star Micronics
- Topaz Systems
- VeriFone
- Wasp Barcode
Highlights of The Point Of Sale System 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:
- Desktop POS
- Handhold POS
- Mobile POS
- By Application:
- Retail
- Restaurant
- Hospitality Industry
- Others
- 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 System 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?
A point of sale system (POS) is a computerized system that allows merchants to process transactions by accepting cash, credit cards, and other forms of payment. POS systems are commonly used in retail stores, restaurants, and other businesses.
Some of the major companies in the point of sale system market are Epson, HP, Intuit, Samsung, Honeywell, PayPal, Aldelo, Alexandria Computers, BankServ, Bixolon, Epson, Dascom, Elo Touch, Wells Fargo, GoVenture, Informatics, NCH Software, QuickBooks, Star Micronics, Topaz Systems, VeriFone, Wasp Barcode.
The point of sale system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Point Of Sale System 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 System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Point Of Sale System 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 System 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 System Market Size & Forecast, 2020-2028
4.5.1 Point Of Sale System Market Size and Y-o-Y Growth
4.5.2 Point Of Sale System 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 Desktop POS
5.2.2 Handhold POS
5.2.3 Mobile POS
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 Retail
6.2.2 Restaurant
6.2.3 Hospitality Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Point Of Sale System 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 System 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 Desktop POS
9.6.2 Handhold POS
9.6.3 Mobile POS
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 Retail
9.10.2 Restaurant
9.10.3 Hospitality Industry
9.10.4 Others
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 Desktop POS
10.6.2 Handhold POS
10.6.3 Mobile POS
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 Retail
10.10.2 Restaurant
10.10.3 Hospitality Industry
10.10.4 Others
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 Desktop POS
11.6.2 Handhold POS
11.6.3 Mobile POS
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 Retail
11.10.2 Restaurant
11.10.3 Hospitality Industry
11.10.4 Others
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 Desktop POS
12.6.2 Handhold POS
12.6.3 Mobile POS
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 Retail
12.10.2 Restaurant
12.10.3 Hospitality Industry
12.10.4 Others
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 Desktop POS
13.6.2 Handhold POS
13.6.3 Mobile POS
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 Retail
13.10.2 Restaurant
13.10.3 Hospitality Industry
13.10.4 Others
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 System Market: Competitive Dashboard
14.2 Global Point Of Sale System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Epson
14.3.2 HP
14.3.3 Intuit
14.3.4 Samsung
14.3.5 Honeywell
14.3.6 PayPal
14.3.7 Aldelo
14.3.8 Alexandria Computers
14.3.9 BankServ
14.3.10 Bixolon
14.3.11 Epson
14.3.12 Dascom
14.3.13 Elo Touch
14.3.14 Wells Fargo
14.3.15 GoVenture
14.3.16 Informatics
14.3.17 NCH Software
14.3.18 QuickBooks
14.3.19 Star Micronics
14.3.20 Topaz Systems
14.3.21 VeriFone
14.3.22 Wasp Barcode
