Pos System Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00125280
  • Format: Electronic (PDF)
  • Publish Type: Publish
  • Number of Pages: 250
Home Information & Technology pos system market....
  • Single User $3500
  • Multi User $4500
  • Enterprise User $5500
Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:9.26
2023
2032

Source: Market Expertz

RND-Favicon
Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 9.26
Information & Technology-companies
Information & Technology-Snapshot

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf
Download Sample Pdf

Report Overview

The POS System Market is expected to grow at a CAGR of 11.29% between 2022 and 2032. The market size is estimated to increase by USD 5,678.90 million during this period. Point-of-Sale (POS) systems facilitate transactions and streamline operations in retail and hospitality industries, offering features like payment processing, inventory management, and customer relationship management.

POS System Market Overview:

Drivers:

The increasing demand for omnichannel retail experiences is a key driver of the POS system market. Modern consumers expect seamless shopping experiences across online and offline channels, driving the adoption of integrated POS solutions.

Moreover, the need for data-driven insights and personalized experiences is accelerating market growth. POS systems capture valuable customer data, enabling businesses to tailor promotions, loyalty programs, and recommendations.

Trends:

The integration of mobile payments and contactless technology in POS systems is a prominent trend shaping the market. Mobile POS solutions enable retailers to accept payments using smartphones and tablets, enhancing checkout efficiency and customer convenience.

Additionally, the focus on cloud-based POS solutions is influencing market adoption. Cloud-based POS systems offer scalability, remote management, and real-time data access, benefiting businesses of all sizes.

Restraints:

Challenges related to data security, technical complexity, and compatibility with legacy systems can restrain the POS system market growth. Ensuring secure payment processing and protecting customer data are essential for maintaining consumer trust.

Furthermore, the transition from traditional cash registers to digital POS systems can be daunting for some businesses. Training staff, managing data migration, and overcoming resistance to change are potential barriers.

POS System Market Segmentation by Component: The "Hardware" segment is expected to witness significant growth within the POS system market. POS hardware includes devices like cash registers, terminals, barcode scanners, and receipt printers.

POS System Market Segmentation by Industry: The "Hospitality" segment is anticipated to experience substantial growth. POS systems are widely used in restaurants, cafes, and hotels to manage orders, payments, and reservations.

Regional Overview:


Download the report summary now!

Request pdf Sample
North America is projected to contribute significantly to the global POS system market, accounting for 38% of the market's growth during the forecast period. The region's mature retail landscape, early adoption of technology, and consumer preferences for digital experiences drive its leadership in the market.

The increasing focus on enhancing customer experiences and optimizing operations in the wake of the COVID-19 pandemic fuels the demand for advanced POS solutions.

POS System Market Customer Landscape: The report covers the customer adoption lifecycle, analyzing the factors influencing the adoption of POS systems, from early adopters to more risk-averse users. It includes regional adoption trends and price sensitivity drivers, aiding companies in refining their growth strategies.

Major POS System Market Companies: Companies within the POS system market are employing various strategies, including partnerships with payment processors, integration with e-commerce platforms, and focusing on user-friendly interfaces, to strengthen their market presence.

  • Square, Inc.: Square offers a comprehensive POS ecosystem that includes hardware, software, and payment processing services, catering to businesses of all sizes.
  • Toast, Inc.: Toast specializes in POS solutions for the restaurant industry, offering features like order management, kitchen display systems, and online ordering.

The competitive landscape analysis includes insights into 10 key market players, including:

  • Shopify Inc.
  • Lightspeed POS Inc.
  • Revel Systems Inc.
  • NCR Corporation
  • Verifone Systems Inc.
  • PAX Technology Inc.
  • Ingenico Group
  • TouchBistro Inc.
  • Oracle Corporation
  • Heartland Payment Systems LLC

Segment Overview:

The POS system market report forecasts revenue growth globally, regionally, and at the industry level, providing analyses of trends and growth opportunities from 2019 to 2032.

  • Component Outlook (USD Million, 2019 - 2032)
    • Hardware
    • Software
    • Services
  • Industry Outlook (USD Million, 2019 - 2032)
    • Retail
    • Hospitality
    • Healthcare
    • Entertainment
    • Others
  • Geography Outlook (USD Million, 2019 - 2032)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Brazil
      • Argentina
      • Chile
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

TABLE OF CONTENTS: GLOBAL POS System MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition   

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. POS System MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. POS System Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Power Of Suppliers

    4.5.2. Power Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. POS System MARKET BY component landscape

SIGHTS & TRENDS                                                               

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Hardware

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Software

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. POS System MARKET BY type INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Fixed Point-of-sale

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Mobile Point-of-sale

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. POS System MARKET REGIONAL OUTLOOK

7.1. POS System Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.2. North America POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America POS System Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America POS System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America POS System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America POS System Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America POS System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Seiko Epson Corp

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2 Samsung Electronics

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3 Panasonic Corporation

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4 NCR Corporation

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5 Infor

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6 Company 6

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7 Company 7

   9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8 Company 8

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9 Company 9

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10 Company 10

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?
Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

  • Our expert analysts collaborate directly with you to comprehend your specific needs.
  • Get data on regions, segments, competitors, and vendors of your choice.
  • Information is presented in alignment with your exact preferences and formatting.
Request for customization
Report Snapshot
Free Sample Report

"Find new revenue generation opportunities"