Market Overview:
The global small business POS systems market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for tablet POS, mobile POS, and terminal POS systems among small businesses due to their ease of use and low cost. In addition, the increasing adoption of online sales by small businesses is also contributing to the growth of the global small business POS systems market. North America is expected to lead the market in terms of revenue during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A small business POS system is a computerized system used by businesses to process sales transactions. A small business POS system typically consists of a computer, cash drawer, receipt printer, and barcode scanner. The computer may be connected to a broadband internet connection or a wireless network. The purpose of a small business POS system is to make it easier for businesses to process sales transactions. A small business POS system can automate many tasks such as printing receipts and invoices, tracking inventory levels, and managing customer data.
Tablet POS:
Tablet POS is a mobile-based Point of Sale (POS) system that enables merchants to run their business using tablets or smartphones. It helps in improving the efficiency and customer experience by providing an enhanced interface for managing inventory, sales, and other essential business functions.
Mobile POS:
Mobile POS (mPOS) is a software application that runs on smartphones and tablets. It helps in managing the Point of Sale (POS) systems, inventory, employees and customers. The mPOS system can be used for small or large businesses depending upon the requirement of business size. The major benefit offered to the user is ease of access from anywhere in case of any issues with transaction codes or other information needed for management at POS terminals.
Application Insights:
The offline sales segment dominated the global Small Business POS Systems market in 2017. This is attributed to the increasing adoption of these systems at small and mid-sized businesses (SMBs) across all regions, especially in countries such as India, China and Brazil. Furthermore, a high number of SMBs makes it difficult for retailers to track customer behavior or collect data about them which impacts overall business performance. In order to overcome this challenge and improve overall business operations, many retailers are adopting mobile point-of-sale solutions that enable real-time interaction with customers and provide accurate inventory information while processing transactions.
Online sales accounted for a significant share in the global Small Business POS Systems market owing to growing ecommerce activities across various countries including India, China Japan U.S.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing number of small and medium enterprises in countries such as China, India, South Korea, and Japan. In addition, rising adoption of mobile POS systems by these enterprises due to their portability is anticipated to drive the regional market growth. Furthermore, increasing government support for Small & Medium Enterprises (SMEs) in order to boost economic activity in this region will also contribute toward industry expansion over the next eight years.
North America accounted for more than 25% revenue share owing high concentration of large retailers that are increasingly adopting POS systems for inventory management purposes along with other applications including employee time tracking & billing among others.
Growth Factors:
- Increasing demand for small business POS systems from retail and hospitality sectors owing to the need for enhanced customer experience and efficient management of operations.
- Proliferation of cloud-based small business POS systems, which offer easy installation, scalability, and affordability, is aiding the market growth.
- Rising demand for integrated solutions that can manage various aspects of businesses such as inventory management, CRM, HRMS etc., is propelling the market growth.
- Growing trend of mobility among small businesses is fueling the adoption of mobile-based POS systems across different industry verticals.
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Business POS Systems Market Research Report
By Type
Tablet POS, Mobile POS, Terminal POS, Online POS
By Application
Offline sales, Online sales
By Companies
PayPal, Shopify, Stripe, Square, MINDBODY, Lightspeed, Oracle, OpenTable, Fishbowl, Timely, Odoo, Phorest, Traxia, talech, PHP, Toast POS, Epos Now, Booksy
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 Small Business POS Systems Market Report Segments:
The global Small Business POS Systems market is segmented on the basis of:
Types
Tablet POS, Mobile POS, Terminal POS, Online 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
Offline sales, Online sales
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:
- PayPal
- Shopify
- Stripe
- Square
- MINDBODY
- Lightspeed
- Oracle
- OpenTable
- Fishbowl
- Timely
- Odoo
- Phorest
- Traxia
- talech
- PHP
- Toast POS
- Epos Now
- Booksy
Highlights of The Small Business POS Systems 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:
- Tablet POS
- Mobile POS
- Terminal POS
- Online POS
- By Application:
- Offline sales
- Online sales
- 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 Small Business POS Systems 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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- Consumer Insights
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- Product & Brand Management
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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?
Small business POS systems are a type of computer system used in small businesses to manage their finances. They typically include features such as cash drawer, receipt printer, barcode scanner, and accounting software.
Some of the major companies in the small business pos systems market are PayPal, Shopify, Stripe, Square, MINDBODY, Lightspeed, Oracle, OpenTable, Fishbowl, Timely, Odoo, Phorest, Traxia, talech, PHP, Toast POS, Epos Now, Booksy.
The small business pos systems market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Small Business POS Systems 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 Small Business POS Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Small Business POS Systems 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 Small Business POS Systems 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 Small Business POS Systems Market Size & Forecast, 2018-2028
4.5.1 Small Business POS Systems Market Size and Y-o-Y Growth
4.5.2 Small Business POS Systems Market Absolute $ Opportunity
Chapter 5 Global Small Business POS Systems 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 Small Business POS Systems Market Size Forecast by Type
5.2.1 Tablet POS
5.2.2 Mobile POS
5.2.3 Terminal POS
5.2.4 Online POS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Small Business POS Systems 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 Small Business POS Systems Market Size Forecast by Applications
6.2.1 Offline sales
6.2.2 Online sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Small Business POS Systems 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 Small Business POS Systems 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 Small Business POS Systems Analysis and Forecast
9.1 Introduction
9.2 North America Small Business POS Systems 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 Small Business POS Systems Market Size Forecast by Type
9.6.1 Tablet POS
9.6.2 Mobile POS
9.6.3 Terminal POS
9.6.4 Online 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 Small Business POS Systems Market Size Forecast by Applications
9.10.1 Offline sales
9.10.2 Online sales
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 Small Business POS Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Small Business POS Systems 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 Small Business POS Systems Market Size Forecast by Type
10.6.1 Tablet POS
10.6.2 Mobile POS
10.6.3 Terminal POS
10.6.4 Online 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 Small Business POS Systems Market Size Forecast by Applications
10.10.1 Offline sales
10.10.2 Online sales
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 Small Business POS Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Small Business POS Systems 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 Small Business POS Systems Market Size Forecast by Type
11.6.1 Tablet POS
11.6.2 Mobile POS
11.6.3 Terminal POS
11.6.4 Online 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 Small Business POS Systems Market Size Forecast by Applications
11.10.1 Offline sales
11.10.2 Online sales
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 Small Business POS Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Small Business POS Systems 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 Small Business POS Systems Market Size Forecast by Type
12.6.1 Tablet POS
12.6.2 Mobile POS
12.6.3 Terminal POS
12.6.4 Online 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 Small Business POS Systems Market Size Forecast by Applications
12.10.1 Offline sales
12.10.2 Online sales
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) Small Business POS Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Small Business POS Systems 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) Small Business POS Systems Market Size Forecast by Type
13.6.1 Tablet POS
13.6.2 Mobile POS
13.6.3 Terminal POS
13.6.4 Online 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) Small Business POS Systems Market Size Forecast by Applications
13.10.1 Offline sales
13.10.2 Online sales
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 Small Business POS Systems Market: Competitive Dashboard
14.2 Global Small Business POS Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PayPal
14.3.2 Shopify
14.3.3 Stripe
14.3.4 Square
14.3.5 MINDBODY
14.3.6 Lightspeed
14.3.7 Oracle
14.3.8 OpenTable
14.3.9 Fishbowl
14.3.10 Timely
14.3.11 Odoo
14.3.12 Phorest
14.3.13 Traxia
14.3.14 talech
14.3.15 PHP
14.3.16 Toast POS
14.3.17 Epos Now
14.3.18 Booksy
