The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Point Of Sales Market. The growth sectors of the Point Of Sales Market are identified with precision for a better growth perspective.
Market Research Future (MRFR), in their latest report has stated that the global POS software market is anticipated to project a robust CAGR of 14.27% during the forecast period. The report has also mentioned that the global POS software market was valued at USD 14.10 billion at the beginning of teh forecast period and is expected to grow at USD 34.77 billion by the end of 2025. POS software, or point-of-scale software refers to a solution that is used in combination with POS hardware terminals like cash registers, debit card and credit card processing equipment, displays, special terminals, optical scanners, and magnetic card readers.
The POS software system has the capability of analyzing the inventories, sales reports, and optical scanners, along with magnetic card readers. The POS software system can analyze inventories, sales reports, and many other parameters that are offering a graphical and pictoral representation for facilitating better business insights. This, in turn, aids a simplification of business operations and a rise in employee productivity, customer satisfaction, and operational efficiency.
The global POS software market is studied for an array of segments that are segregated by component, type, deployment, operating system, application, end-user, and region. Based on component, the global POS software market is segmented into software and services. Based on type, the global POS software market is segmented into fixed POS and mobile POS. Based on deployment, the global POS software market is segmented into on-premise and on-cloud. Based on operating system, the global POS software market is segmented into Android, iOS, and Windows. Based on application, the global POS software market is segmented into sales reporting, inventory tracking, purchasing management, and customer engagement. Based on end-user, the global POS software market is segmented into media and entertainment, BFSI, retail, transportation, and hospitality.
Detailed Regional Analysis
The global POS software market is segmented into the regions of North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Market Research Future (MRFR) has mentioned in the report, various countries that are functioning in the global POS software market. These countries include the US, Canada, and Mexico that are based in North America. Germany, the UK, France, Spain, Norway, Benelux, and Italy are some of the prominent nations functioning in Europe. China, Japan, India, South Korea, Australia, Malaysia, Indonesia, and the Philippines are some noteworthy POS software markets based in Asia-Pacific. Saudi Arabia, Israel, Turkey, and South Africa are resident countries within the Middle East & Africa; and Brazil, Peru, Chile, and Argentina are present in South America.
Some notable players present in the global POS software market include Microsoft Corporation (US), Toast Inc. (US), Square Inc. (US), TouchBistro Inc. (Canada), Poster POS (Ukraine), Vend (New Zealand), Miva, Inc. (US), Lightspeed (Canada), Shopify (Canada), Salesforce.com, Inc. (US), Intuit (US), Bindo POS (US), Erply (US), GOFRUGAL (Dubai), Toshiba Corporation (Japan), PAX Global Technology Limited (Hong Kong), Panasonic Corporation (Japan), Intel Corporation (US), and HP Inc. (US).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Market Research Future
+1 646 845 9312
Email: [email protected]