North America POS Software Market to 2027 - Regional Analysis and Forecasts by Component (Software and Services); Deployment Type (On-Premise and Cloud); Application (Inventory Tracking, Purchasing Management, Sales Reporting, Customer Engagement, and Others); End User (BFSI, Hospitality, Media and Entertainment, Retail, and Others)
The POS Software market in North America is expected to grow from US$ 3,718.6 Mn in 2018 to US$ 10,171.9 Mn by the year 2027 at a CAGR of 12.1% during the forecast period.
Rise in the concept of promoting electronic payments pertaining to rising digitalization and need to provide hassle-free service on real-time basis to end users are the major drivers propelling the growth of the POS software market. Nonetheless, the integration of advanced technologies such as biometric in POS and the development of mobile POS are drive the growth of the POS software market. 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 advantages of POS for cashless payments are fast and reliable transactions, offline connectivity, standard payment processing rates, secure payments, EMV payments, and responsive customer support. Countries including Egypt, Russia, and Indonesia are embarking on the cashless journey, which would also play a role in driving the market for POS. Therefore, with the increasing conceptualization of cashless transaction pertaining to rising digitization, the POS software market growth is likely to accelerate in the near future.
In the era of continuous technological development, the POS software is expected to be introduced in new technologies for the benefit of diversified industries. The biometric POS systems might include machines that can be equipped with either a biometric module or biometric cards. Therefore, the development of authentication options for making payment through mobile POS is also gaining traction. This factor is likely to drive the POS software market. The North America POS software market is expected to grow at a good CAGR during the forecast period. The POS software then helps businesses organize this information and synchronize and distribute it to different departments—marketing, sales, customer service, and technical support—to improve customer experience and acquisition. However, these factors are likely to drive the POS software market in North America during the forecast period.
Mexico POS Software Market Revenue and Forecasts to 2027 (US$ Mn)
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North America POS Software Market–Segmentation
North America POS Software Market By Component
- Software
- Services
North America POS Software Market By Deployment
- On-Premise
- Cloud
North America POS Software Market By Application
- Inventory Tracking
- Purchasing Management
- Sales Reporting
- Customer Engagement
- Others
North America POS Software Market By End User
- BFSI
- Hospitality
- Media and Entertainment
- Retail
- Others
North America POS Software Market By Country
- United States
- Canada
- Mexico
North America POS Software Market-Companies Mentioned
- AccuPOS, Inc.
- Clover Network, Inc
- Dell Inc
- Honeywell International Inc.
- Infor Inc.
- Ingenico Group SA
- Intuit Inc
- Lightspeed POS Inc
- Shopkeep
- Vend Limited
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. POS Software Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
4.3.1 North America PEST Analysis
5. POS Software Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rising Demand of Cost-Efficient and Value-Added Services
5.1.2 Government Initiatives to Promote Electronic Payments
5.2 Key Market Restraint
5.2.1 High Initial Cost of Setting up the POS Software
5.3 Key Market Opportunity
5.3.1 Integration of Big Data analytics and IoT with POS Solution
5.3.2 Adoption of Cloud Technology in Retail Industry
5.4 Future Trends
5.4.1 Adoption of Biometric POS System for Security Concern
5.5 Impact Analysis of Drivers and Restraints
6. POS Software Market – North America Market Analysis
6.1 North America POS Software Market, Revenue and Forecast to 2027 (US$ Bn)
7. North America POS Software Market Analysis – By Component
7.1 Overview
7.2 POS Software Market Breakdown, By Component, 2018 & 2027
7.3 Software
7.3.1 Overview
7.3.2 Software Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Services Market Revenue and Forecasts to 2027 (US$ Mn)
8. POS Software Market Analysis – By Deployment Type
8.1 Overview
8.2 POS Software Market Breakdown, By Deployment Type, 2018 & 2027
8.3 On-Premise
8.3.1 Overview
8.3.2 On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud Market Revenue and Forecasts to 2027 (US$ Mn)
9. POS Software Market Analysis– By Application
9.1 Overview
9.2 North America POS Software Market Breakdown, By Application, 2018 & 2027
9.3 Inventory Tracking
9.3.1 Overview
9.3.2 Inventory Tracking Market Forecast and Analysis
9.4 Purchasing Management
9.4.1 Overview
9.4.2 Purchasing Management Market Forecast and Analysis
9.5 Sales Reporting
9.5.1 Overview
9.5.2 Sales Reporting Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Customer Engagement
9.6.1 Overview
9.6.2 Customer Engagement Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. POS Software Market Analysis– By End User
10.1 Overview
10.2 North America POS Software Market Breakdown, By End User, 2018 & 2027
10.3 Retail
10.3.1 Overview
10.3.2 Retail Market Forecast and Analysis
10.4 Hospitality
10.4.1 Overview
10.4.2 Hospitality Market Forecast and Analysis
10.5 Media and Entertainment
10.5.1 Overview
10.5.2 Media and Entertainment Market Forecast and Analysis
10.6 Healthcare
10.6.1 Overview
10.6.2 Healthcare Market Forecast and Analysis
10.7 Others
10.7.1 Overview
10.7.2 Others Market Forecast and Analysis
11. North America POS Software Market– Country Analysis
11.1.1 North America POS Software Market Breakdown, By Country
11.1.1.1 US POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.1.1.1.1 US POS Software Market Breakdown, By Component
11.1.1.1.2 US POS Software Market Breakdown, By Deployment
11.1.1.1.3 US POS Software Market Breakdown, By Application
11.1.1.1.4 US POS Software Market Breakdown, By End user
11.1.1.2 Canada POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.1.1.2.1 Canada POS Software Market Breakdown, By Component
11.1.1.2.2 Canada POS Software Market Breakdown, By Deployment
11.1.1.2.3 Canada POS Software Market Breakdown, By Application
11.1.1.2.4 Canada POS Software Market Breakdown, By End user
11.1.1.3 Mexico POS Software Market Revenue and Forecast to 2027 (US$ Mn)
11.1.1.3.1 Mexico POS Software Market Breakdown, By Component
11.1.1.3.2 Mexico POS Software Market Breakdown, By Deployment
11.1.1.3.3 Mexico POS Software Market Breakdown, By Application
11.1.1.3.4 Mexico POS Software Market Breakdown, By End user
12. POS Software Market - Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. POS Software Market- Company Profiles
13.1 AccuPOS Point of Sale
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.2 Clover Network, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 Dell Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Product and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Honeywell International, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Infor INC.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Ingenico Group SA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Product and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Intuit, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 LightSpeed POS Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 ShopKeep
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Product and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Vend Limited
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Product and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America POS Software Market, Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 3. North America POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 4. North America POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 5. North America POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 6. US POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 7. US POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 8. US POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 9. US POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 10. Canada POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 11. Canada POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 12. Canada POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 13. Canada POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 14. Mexico POS Software Market Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 15. Mexico POS Software Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)
Table 16. Mexico POS Software Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 17. Mexico POS Software Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 18. Glossary of Term: POS Software Market
LIST OF FIGURES
Figure 1. POS Software Market Segmentation
Figure 2. North America POS Software Market Segmentation – By Country
Figure 3. Software segment to dominate the market by component throughout the forecast period
Figure 4. Cloud segment is expected to witness high growth
Figure 5. Sales reporting segment is expected to witness high growth
Figure 6. POS Software Market Overview
Figure 7. POS Software Market Ecosystem Analysis
Figure 8. North America – PEST Analysis
Figure 9. Impact Analysis of Drivers and Restraints Pertaining to POS Software Market
Figure 10. North America POS Software Market, Revenue and Forecast to 2027 (US$ Bn)
Figure 11. POS Software Market Breakdown, By Component, 2018 & 2027 (%)
Figure 12. North America Software Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. North America Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. POS Software Market Breakdown, By Deployment Type, 2018 & 2027 (%)
Figure 15. North America On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. North America Cloud Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. North America POS Software Market Breakdown, By Application, 2018 & 2027 (%)
Figure 18. North America Inventory Tracking Market Revenue And Forecasts To 2027(US$ Mn)
Figure 19. North America Purchasing Management Market Revenue And Forecasts To 2027(US$ Mn)
Figure 20. North America Sales Reporting Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. North America Customer Engagement Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. North America POS Software Market Breakdown, By End User, 2018 & 2027 (%)
Figure 24. North America Retail Market Revenue And Forecasts To 2027(US$ Mn)
Figure 25. North America Hospitality Market Revenue And Forecasts To 2027(US$ Mn)
Figure 26. North America Media and Entertainment Market Revenue And Forecasts To 2027(US$ Mn)
Figure 27. North America Healthcare Market Revenue And Forecasts To 2027(US$ Mn)
Figure 28. North America Others Market Revenue And Forecasts To 2027(US$ Mn)
Figure 29. North America POS Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 30. US POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 31. Canada POS Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Mexico POS Software Market Revenue and Forecast to 2027 (US$ Mn)
The List of Companies - North America POS Software Market
- AccuPOS, Inc.
- Clover Network, Inc
- Dell Inc
- Honeywell International Inc.
- Infor Inc.
- Ingenico Group SA
- Intuit Inc
- Lightspeed POS Inc
- Shopkeep
- Vend Limited