Market Overview:
The global POS software for business market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based POS software and the growing trend of mobility among businesses. The on-premise segment is expected to dominate the global POS software for business market during the forecast period, owing to its advantages such as security and control over data.
Product Definition:
A Point of Sale (POS) system is a computerized system used in retail businesses to track sales, inventory, and customer information. A POS system typically consists of a computer, software, and a printer. The computer is used to track sales and inventory data, while the software manages the transactions and customer information. The printer prints receipts for customers.
On Cloud:
On cloud is a term used to define software-as-a-service (SaaS) applications that are hosted remotely on the Internet. The data and application are accessible from any location through the World Wide Web. On cloud computing has witnessed significant growth over the past few years owing to its cost effectiveness, ease of accessibility, and flexibility in usage.
On Premise:
On premise is a term used for software or hardware installed at the business location. It can be used for point of sale (POS) software or hardware. On premise software has been in use since ages and it is being used by many small, medium and large scale businesses to run their day to day operations efficiently.
Application Insights:
The large enterprises segment held the largest share of over 70.0% in 2017. The growth can be attributed to the fact that most of the large enterprise prefer to use global POS software as it offers various functionalities such as inventory management, employee time clocks, loyalty programs and gift card management which are widely adopted by retailers. Furthermore, with the help of mobile POS solutions, these retailers can offer more convenient services to their customers by allowing them access from anywhere using any device including smartphones and tablets.
The SMEs/micro businesses segment is expected to grow at a significant rate over the forecast period owing to increasing adoption of POS systems in small businesses across different industries such as retailing (chain stores), hospitality (hotels), food service providers among others which require limited IT resources for implementation along with easy-to-use interfaces suitable for small business owners who have little knowledge about computer technology or software applications.
Regional Analysis:
The Asia Pacific dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing IT investments in emerging economies of China and India, growing adoption of cloud-based solutions among enterprises, and rising demand for mobile & web-based applications among SMEs. Moreover, increased government spending on infrastructure development has resulted in a surge in demand for POS software with integrated payment solution features across various industries such as transport & logistics; healthcare; retail; hospitality; banking & financial services (BFS).
North America is projected to grow at a significant rate over the forecast period owing to increasing penetration of cashless payment systems coupled with technological advancements such as biometric technology and contactless payments across all sectors including government agencies, educational institutes, restaurants/bars/clubs etc.). Furthermore, presence of major vendors like NCR Corporation; First Data Corp.; Intuit Inc.; American Express Company Inc.; Visa Inc.
Growth Factors:
- Increasing demand for convenience and efficiency in retail transactions
- Proliferation of mobile devices and the increasing trend of m-commerce
- The growing popularity of cloud-based solutions
- The need for better inventory management and tracking capabilities in order to stay competitive
- Advances in point-of-sale technology that make these systems more user friendly and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
POS Software For Business Market Research Report
By Type
On Cloud, On Premise
By Application
Large Enterprises, Small and Medium-sized Enterprises(SMEs)
By Companies
Marg Erp Limited, Hyper Drive Solutions, Square, Intuit, Odoo, LightSpeed, Cegid, Gilbarco, CenterEdge Software, CitiXsys Tech Solutions, Future POS, UniCenta oPOS, Loyverse, Global Retail Technology, Dovetail Systems, Vladster, Shopify, NetSuite, Toast, TouchBistro, Erply, Rance Computer
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global POS Software For Business Market Report Segments:
The global POS Software For Business market is segmented on the basis of:
Types
On Cloud, 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 Enterprises, Small and Medium-sized Enterprises(SMEs)
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:
- Marg Erp Limited
- Hyper Drive Solutions
- Square
- Intuit
- Odoo
- LightSpeed
- Cegid
- Gilbarco
- CenterEdge Software
- CitiXsys Tech Solutions
- Future POS
- UniCenta oPOS
- Loyverse
- Global Retail Technology
- Dovetail Systems
- Vladster
- Shopify
- NetSuite
- Toast
- TouchBistro
- Erply
- Rance Computer
Highlights of The POS Software For Business 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:
- On Cloud
- On Premise
- By Application:
- Large Enterprises
- Small and Medium-sized Enterprises(SMEs)
- 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 POS Software For Business 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
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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?
POS software for business is a computer system that helps businesses manage their inventory, sales, and customer relationships.
Some of the major companies in the pos software for business market are Marg Erp Limited, Hyper Drive Solutions, Square, Intuit, Odoo, LightSpeed, Cegid, Gilbarco, CenterEdge Software, CitiXsys Tech Solutions, Future POS, UniCenta oPOS, Loyverse, Global Retail Technology, Dovetail Systems, Vladster, Shopify, NetSuite, Toast, TouchBistro, Erply, Rance Computer.
The pos software for business market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 POS Software For Business 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 POS Software For Business Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 POS Software For Business 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 POS Software For Business 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 POS Software For Business Market Size & Forecast, 2018-2028
4.5.1 POS Software For Business Market Size and Y-o-Y Growth
4.5.2 POS Software For Business Market Absolute $ Opportunity
Chapter 5 Global POS Software For Business 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 POS Software For Business Market Size Forecast by Type
5.2.1 On Cloud
5.2.2 On Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global POS Software For Business 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 POS Software For Business Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 Small and Medium-sized Enterprises(SMEs)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global POS Software For Business 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 POS Software For Business 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 POS Software For Business Analysis and Forecast
9.1 Introduction
9.2 North America POS Software For Business 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 POS Software For Business Market Size Forecast by Type
9.6.1 On Cloud
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 POS Software For Business Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 Small and Medium-sized Enterprises(SMEs)
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 POS Software For Business Analysis and Forecast
10.1 Introduction
10.2 Europe POS Software For Business 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 POS Software For Business Market Size Forecast by Type
10.6.1 On Cloud
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 POS Software For Business Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 Small and Medium-sized Enterprises(SMEs)
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 POS Software For Business Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific POS Software For Business 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 POS Software For Business Market Size Forecast by Type
11.6.1 On Cloud
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 POS Software For Business Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 Small and Medium-sized Enterprises(SMEs)
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 POS Software For Business Analysis and Forecast
12.1 Introduction
12.2 Latin America POS Software For Business 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 POS Software For Business Market Size Forecast by Type
12.6.1 On Cloud
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 POS Software For Business Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 Small and Medium-sized Enterprises(SMEs)
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) POS Software For Business Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) POS Software For Business 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) POS Software For Business Market Size Forecast by Type
13.6.1 On Cloud
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) POS Software For Business Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 Small and Medium-sized Enterprises(SMEs)
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 POS Software For Business Market: Competitive Dashboard
14.2 Global POS Software For Business Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marg Erp Limited
14.3.2 Hyper Drive Solutions
14.3.3 Square
14.3.4 Intuit
14.3.5 Odoo
14.3.6 LightSpeed
14.3.7 Cegid
14.3.8 Gilbarco
14.3.9 CenterEdge Software
14.3.10 CitiXsys Tech Solutions
14.3.11 Future POS
14.3.12 UniCenta oPOS
14.3.13 Loyverse
14.3.14 Global Retail Technology
14.3.15 Dovetail Systems
14.3.16 Vladster
14.3.17 Shopify
14.3.18 NetSuite
14.3.19 Toast
14.3.20 TouchBistro
14.3.21 Erply
14.3.22 Rance Computer
