Press release
POS Software Market to Witness Huge Growth by 2027: Clover Network, Dell, Infor, Ingenico Group
The POS software market accounted for US$ 12.23 Bn in 2018 and is anticipated to grow at a CAGR of 8.4% to reach US$ 42.49 Bn by 2027.With increasing customer-centric solutions and services, the demand for cost-efficient and value-added services is increasing owing to which vendors are focusing on upgraded offering as well as factors that minimize operational costs. POS software is a cost-effective approach for both business and customers. The features that drive the POS market are inventory management, sales management, store operations, order and promotion management, purchase and re-order, secured payments, customer loyalty programs, creating reports, and analyzing data in real time. Moreover, the software cloud reduces service costs while improving service offerings. Vendors of POS software are highly focused on offering advanced solutions and services to its customers, which is significantly driving the global POS software market.
The POS Software Market report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The report focuses on global major leading companies providing information such as company profiles, sales, sales revenue, market share and contact information.
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Major key players covered in this report:
• AccuPOS Point of Sale
• Clover Network, Inc.
• Dell Inc.
• Honeywell International, Inc.
• Infor INC
• Ingenico Group SA
• Intuit, Inc.
• LightSpeed POS Inc
• ShopKeep
• Vend Limited
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the POS Software market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the POS Software market segments and regions.
Global POS Software Segments:
POS Software Market – By Deployment
• On-Premise
• Cloud
POS Software Market – By Component
• Solution
• Services
POS Software Market – By Application
• Inventory Tracking
• Purchasing Management
• Sales Reporting
• Customer Engagement
• Others
POS Software Market – By End User
• Retail
• Hospitality
• Media and Entertainment
• Healthcare
• Others
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POS Software Market Segmented by Region/Country:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Central & South America
Major Features of POS Software Market Report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global POS Software market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global POS Software market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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