Report : Europe POS Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services), Deployment (On Premise and Cloud), Application (Inventory Tracking, Purchasing Management, Sales Reporting, Customer Engagement, Booking System, Payroll and Team Management, and Others), Enterprise Size (Small Enterprises, Medium Enterprises, and Large Enterprises), and End User (Retail and Consumer Goods, Restaurants, Hospitality, Media and Entertainment, Transportation and Logistics, Healthcare, and Others)
Increasing Demand for Real-Time Tracking and Hassle-Free Delivery Services Fuels Europe POS Software Market Growth
According to the latest market study on “Europe POS Software Market Forecast to 2028 – COVID-19 Impact and Analysis – by Component, Deployment, Application, Enterprise Size, and End User” the market is projected to reach US$ 6,308.14 million by 2028 from US$ 3,405.81 million in 2021; it is expected to grow at a CAGR of 9.2% from 2021 to 2028.
POS solution providers can garner growth opportunities by integrating advanced technologies, such as big data analytics and IoT, with POS solutions. One of the biggest advantages of POS solution is its ability to extract valuable information from POS transactions that can help business owners to make smarter business decisions. For instance, ShopKeep, a POS solution provider for small businesses, offers data and generates reports that give a complete overview of transaction details. Detailed reports comprise inventory and volume analysis, top-selling items, revenue and profit margin optimization, and staffing needs. With these features and technologies, vendors can attract new customers and expand their footprints in the emerging Europe POS software market.
Based on component, the Europe POS software market is segmented into software and service. The market, based on deployment, is segmented into on-premise and cloud. The Europe POS software market, by application, is segmented into inventory tracking, purchasing management, sales reporting, customer engagement, booking system, payroll and team management, and others. Based on enterprise size, the market is segmented into small enterprises, medium enterprises, and large enterprises. Based on end-user, the Europe POS software market is segmented into retail and consumer goods, restaurants, hospitality, media and entertainment, transportation and logistics, healthcare, and others.
AWEK microdata GmbH; Clover Network, Inc.; dascus GmbH; Dotypos; GK Software SE; LightSpeed Commerce Inc.; orderbird AG; ready2order GmbH; Shore GmbH; and Block, Inc. are among the key companies profiled in the Europe POS software market. Several other players are also functioning in the market, contributing significant revenue shares year-on-year.
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