POS Software Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
                     Global POS Software 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Accord ing  to  the  la tes t  repor t  by  IMARC Group,  t i t l ed  "POS Sof tware  
Market :  Global  Industry  Trends,  Share ,  S ize ,  Growth ,  Opportuni ty  and 
Forecast  2024-2032,"  the  g loba l  Po in t  o f  Sa le  (POS)  sof tware marke t  s ize  
reached US$ 11 .8  B i l l ion  in  2023.
Factors Affecting the Growth of the POS Software Industry:
Report Shift  Toward Cloud-Based Solutions:
The t rend toward  c loud-based po in t  o f  sa le  (POS)  so f tware  i s  t ransfo rming  
the  re ta i l  and  hosp i ta l i t y  indus t r ies ,  d r i ven by  the need fo r  sca lab i l i t y ,  
Highlight and f lex ib i l i t y ,  and  cost  e f f ic iency.  Add i t iona l l y ,  c loud-based POS so lu t ions  o f fe r  
bus inesses the advantage  o f  access ing the i r  sa les  da ta ,  inven to ry ,  and  
Description customer  in format ion  in  rea l - t ime f rom any  locat ion ,  p rov id ing  unpara l le led  
f lex ib i l i t y  in  manag ing  opera t ions ,  wh ich  is  in f luenc ing market  g rowth.  
Moreover ,  the subscr ip t ion-based pr ic ing model  o f  c loud  so lu t ions 
e l im ina tes  the  he f ty  upf ron t  cos ts  assoc ia ted  w i th  t rad i t iona l  POS systems,  
mak ing  advanced POS technology  access ib le  to  a  broader  range o f  
bus inesses wh ich i s  p rope l l ing  the  market  g rowth .
Contact less  Payments  Expansion:
The  r i s i ng  num ber  o f  c on t ac t l ess  paym en t  a dop t i ons  d ue  t o  t he  g r o w ing  co nsum er  
dem and  f o r  q u i ck ,  s ecu r e ,  a nd  hyg ien i c  t r ansac t i on  m e t hods  a r e  con t r i bu t i ng  t o  t he  
m ar ke t  g r ow t h .  A dd i t i o na l l y ,  PO S s o f t wa r e  ve ndo r s  a r e  i n t eg r a t i ng  n ea r - f i e l d  
Report com m un ic a t i on  ( NFC)  and  qu i ck  r esp ons e  ( Q R)  code  sca nn ing  f u nc t i on a l i t i es  t o  acco m m o da t e  t h i s  s h i f t ,  en ab l i ng  m e r chan t s  t o  o f f e r  a  con t ac t le ss  paym en t  
exp er ienc e  t ha t  a l i gns  w i t h  m oder n  con sum er  expec t a t i o ns ,  t hus  aug m en t ing  t he  
Highlight and m ar ke t  g r ow t h .  
I t  a l s o  m in im ize s  phys i ca l  co n t ac t ,  a  f ea t u r e  t ha t  has  b ecom e pa r t i cu l a r l y  im po r t an t  
due  t o  r i s i ng  h ea l t h  c once r ns  suc h  as  t he  CO V I D- 19  p ande m ic .  M or eo ve r ,  t he  
Description i n c r eas ing  d em and  f o r  PO S  so f t wa r e  cou p led  w i t h  en hance d  secu r i t y  f ea t u r es  t ha t  
r edu ce  t he  r i s k  o f  f r a ud ,  i s  m ak in g  t h i s  t ech no logy  pop u la r  a m on g  co nsum er s  a nd  
bus in esses ,  r e p r ese n t i n g  ano t he r  m a jo r  g r o w t h - in duc ing  f a c t o r .
Growing Focus on Secur i ty  and Compl iance:
The  r i s i ng  num ber  o f  d ig i t a l  t r an sac t i ons  and  t he  g r ow in g  em pha s i s  o n  secu r i t y  a nd  
r egu la t o r y  com p l i anc e  i n  P O S s o f t wa r e  a r e  i n f l u enc ing  t he  m ar k e t  g r ow t h .  I n  
add i t i on ,  vendo r s  a r e  i nves t i ng  h eav i l y  i n  ad vanc ed  se cu r i t y  m ea su r e s  such  as  en d -
t o - e nd  enc r yp t i on  a nd  t oken i za t io n  t o  sa f e gua r d  sen s i t i ve  cu s t om e r  da t a  a nd  
t r an sac t io n  i n f o r m a t ion ,  con t r i bu t i ng  t o  t he  m a r ke t  g r ow t h .
Moreover ,  comp l iance  w i th  indus t ry  s tandards  such  as  the  payment  ca rd  
indus t ry  da ta  secur i t y  s tandard  (PCI  DSS) ,  ensures  tha t  POS sys tems adhe re  
to  s t r i ngen t  p ro toco ls  fo r  da ta  secur i t y .  Nowadays ,  POS vendors  a re  
con t inuous ly  upda t ing  the i r  sys tems to  tack le  emerg ing  secur i t y  cha l lenges  
and  mee t  the  la tes t  regu la to ry  requ i rements ,  ensur ing  tha t  bus inesses  and  
Report the i r  cus tomers  can  engage  in  t ransac t ions  w i th  con f idence .
Highlight and Request  for  a  PDF sample  o f  th is  repor t :  h t tps : / /www. imarcgroup .com/pos-so f tware -marke t / reques tsamp le
Description
Report Description
Global  POS Sof tware Market  Trends:
At  p resen t ,  t he  inc reas ing  d ig i t i za t ion  o f  bus inesses  i s  esca la t ing  the  demand  f o r  POS so f tware  t ha t  can  in t eg ra te  
seam less l y  w i th  o t he r  d ig i t a l  sys tem s such  as  i nvento ry  management ,  CRM,  and  account ing  so f tware .  I n  add i t i on ,  t he  
r i se  o f  mob i le  POS so lu t ions  a l lows  bus inesses  to  conduc t  t ransac t ions  anywhere ,  wh ich  i s  pa r t i cu la r l y  bene f i c ia l  f o r  
i ndus t r ies  such  as  re ta i l ,  hosp i ta l i t y ,  and  f ood  serv i ces .  
Moreover ,  advanced POS so f tware  o f f e rs  improved  ana l y t i cs  capab i l i t i es ,  p rov id ing  bus inesses  w i th  va luab le  ins igh ts  
in t o  cus t omer  behav io r ,  sa les  t r ends ,  and  invent o ry  management ,  empower ing  them to  make  da t a-dr i ven  dec i s i ons .  
Bes ides  t h i s ,  modern  consumers  expec t  a  seamless  and  persona l i zed  shopp ing  exper ience  resu l t i ng  i n  t he  adop t ion  
o f  POS so f tware  w i th  fea t u res  inc lud ing  l oya l t y  p rog rams ,  omnichanne l  i n teg ra t ion ,  and  easy  paymen t  op t ions  f o r  
enhanc ing  cus t omer  sa t i s fac t ion  and  loya l t y .
Look ing  fo rward ,  the  market  to  reach  US$ 23 .1  Bi l l ion  by 2032,  exh i b i t i ng  a  g row th  ra te  (CAGR)  o f  7 .6% dur ing  
2024-2032 .
V i ew Report  TOC,  F igures and  Tab les :  h t tps: / / www. i marcgroup .com/pos-sof tware -market
Breakup by Component:
• Software
• Service
Breakup by Type:
• Fixed POS
Report • Mobile POS
Segmentation
Breakup by Deployment Mode:
• Cloud-based
• On-premises
Breakup by Organization Size:
• Large Enterpr ises
• Small  and Medium-sized Enterprises
Breakup by Application:
• Inventory Tracking
• Sales Reporting
Report • Purchasing Management
• Customer Engagement
Segmentation • Others
Breakup by End User:
• Restaurants
• Hospital i ty
• Healthcare
• Retai l
• Warehouse
• Entertainment
• Others
Breakup by Region:
Report 
• North America
Segmentation • Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Block Inc.
• Clover  Network LLC (Fiserv  Inc.)
• HP Development  Company L.P.
• Idealpos Solut ions Pty  Ltd
Competitive • In te l  Corporat ion
• Microsoft  Corporat ion
Landscape • NCR Corporat ion
with Key • Panasonic Canada Inc (Panasonic Holdings  Corporat ion)
Players • Revel  Systems Inc.
• Swi ftPOS (MSL Solut ions)
• Toast  Inc.
• Toshiba Corporat ion
• Vend L imi ted (L ightspeed)
What was the size of the global POS software 
market in 2023?
What is the expected growth rate of the global POS 
software market during 2024-2032?
Key 
What are the key factors driving the global POS 
Questions software market?
Answered in What has been the impact of COVID-19 on the 
global POS software market?
the Report
What is the breakup of the global POS software 
market based on the type?
What is the breakup of the global POS software 
market based on the type?
What is the breakup of the global POS software 
market based on organization size?
What is the breakup of the global POS software 
market based on the end user?
Key What are the key regions in the global POS 
software market?
Questions 
Who are the key players/companies in the global 
Answered in POS software market?
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  P O S  S o f t w a r e  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  C o m p o n e n t
    6 . 1     S o f t w a r e
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S e r v i c e
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  T y p e
    7 . 1     F i x e d  P O S
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     M o b i l e  P O S
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  D e p l o y m e n t  M o d e
    8 . 1     C l o u d - b a s e d
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     O n - p r e m i s e s
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  O r g a n i z a t i o n  S i z e
Table of     9 . 1     L a r g e  E n t e r p r i s e s        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     S m a l l  a n d  M e d i u m - s i z e d  E n t e r p r i s e s
Contents         9 . 2 . 1  M a r k e t  T r e n d s        9 . 2 . 2  M a r k e t  F o r e c a s t
1 0   M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    1 0 . 1     I n v e n t o r y  T r a c k i n g
        1 0 . 1 . 1  M a r k e t  T r e n d s
        1 0 . 1 . 2  M a r k e t  F o r e c a s t
    1 0 . 2     S a l e s  R e p o r t i n g
        1 0 . 2 . 1  M a r k e t  T r e n d s
        1 0 . 2 . 2  M a r k e t  F o r e c a s t
    1 0 . 3     P u r c h a s i n g  M a n a g e m e n t
        1 0 . 3 . 1  M a r k e t  T r e n d s
        1 0 . 3 . 2  M a r k e t  F o r e c a s t
    1 0 . 4     C u s t o m e r  E n g a g e m e n t
        1 0 . 4 . 1  M a r k e t  T r e n d s
        1 0 . 4 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / p o s - s o f t w a re - m a r ke t / t o c
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