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Global Retail POS System Market Research Report 2024
Synopsis
A retail POS system is a technology that is used to process transactions and manage various aspects of a retail business. A retail POS system typically consists of hardware and software components that work together to facilitate sales, inventory, customer relationship, and other functions. A retail POS system can be a physical device in a brick-and-mortar store, such as a cash register, a tablet, or a mobile phone, or a virtual platform in an online store, such as a checkout page or a shopping cart. A retail POS system can also integrate with other systems and applications, such as accounting, marketing, loyalty, and ecommerce, to provide a seamless and omnichannel experience for both retailers and customers.
The global Retail POS System market was valued at US$ 3368 million in 2023 and is anticipated to reach US$ 4533.1 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.
The industry trend of retail POS systems is driven by the changing consumer behavior and expectations, the increasing competition and innovation in the market, and the advancement of technology and digitalization. Some of the key trends are:
Untethered POS systems: Retailers are adopting mobile and wireless POS systems that allow them to interact with customers anywhere in the store or outside the store. These systems enable faster and easier checkout processes, improved customer service and engagement, and increased sales opportunities.
Seamless omnichannel experiences: Retailers are integrating their online and offline channels to provide consistent and personalized customer experiences across all touchpoints. These systems allow retailers to track customer data and preferences, offer multiple delivery and pickup options, and leverage social media and ecommerce platforms.
Alternative payment methods: Retailers are accepting new and diverse payment methods that cater to customer convenience and security. These methods include e-wallets, mobile wallets, contactless cards, biometric authentication, cryptocurrency, and QR codes.
Personalized in-store shopping experiences: Retailers are using artificial intelligence (AI), machine learning (ML), big data analytics (BDA), augmented reality (AR), virtual reality (VR), and internet of things (IoT) to enhance the in-store shopping experience for customers. These technologies enable retailers to offer product recommendations, customization options, dynamic pricing, interactive displays, and immersive environments.
Cloud-based software: Retailers are moving their POS systems to the cloud to reduce costs, improve scalability, enhance security, and access real-time data. Cloud-based software also allows retailers to easily update their systems, integrate with other applications, and access remote support.
This report aims to provide a comprehensive presentation of the global market for Retail POS System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Retail POS System.
Report Scope
The Retail POS System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Retail POS System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Retail POS System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Square
Lightspeed
Shopify
Vend
Shopkeep
Erply
SalesVu
Revel
Clover
Epos Now
Segment by Type
Cloud Based
Web Based
Segment by Application
Large Enterprises
SMEs
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Retail POS System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
A retail POS system is a technology that is used to process transactions and manage various aspects of a retail business. A retail POS system typically consists of hardware and software components that work together to facilitate sales, inventory, customer relationship, and other functions. A retail POS system can be a physical device in a brick-and-mortar store, such as a cash register, a tablet, or a mobile phone, or a virtual platform in an online store, such as a checkout page or a shopping cart. A retail POS system can also integrate with other systems and applications, such as accounting, marketing, loyalty, and ecommerce, to provide a seamless and omnichannel experience for both retailers and customers.
The global Retail POS System market was valued at US$ 3368 million in 2023 and is anticipated to reach US$ 4533.1 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.
The industry trend of retail POS systems is driven by the changing consumer behavior and expectations, the increasing competition and innovation in the market, and the advancement of technology and digitalization. Some of the key trends are:
Untethered POS systems: Retailers are adopting mobile and wireless POS systems that allow them to interact with customers anywhere in the store or outside the store. These systems enable faster and easier checkout processes, improved customer service and engagement, and increased sales opportunities.
Seamless omnichannel experiences: Retailers are integrating their online and offline channels to provide consistent and personalized customer experiences across all touchpoints. These systems allow retailers to track customer data and preferences, offer multiple delivery and pickup options, and leverage social media and ecommerce platforms.
Alternative payment methods: Retailers are accepting new and diverse payment methods that cater to customer convenience and security. These methods include e-wallets, mobile wallets, contactless cards, biometric authentication, cryptocurrency, and QR codes.
Personalized in-store shopping experiences: Retailers are using artificial intelligence (AI), machine learning (ML), big data analytics (BDA), augmented reality (AR), virtual reality (VR), and internet of things (IoT) to enhance the in-store shopping experience for customers. These technologies enable retailers to offer product recommendations, customization options, dynamic pricing, interactive displays, and immersive environments.
Cloud-based software: Retailers are moving their POS systems to the cloud to reduce costs, improve scalability, enhance security, and access real-time data. Cloud-based software also allows retailers to easily update their systems, integrate with other applications, and access remote support.
This report aims to provide a comprehensive presentation of the global market for Retail POS System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Retail POS System.
Report Scope
The Retail POS System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Retail POS System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Retail POS System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Square
Lightspeed
Shopify
Vend
Shopkeep
Erply
SalesVu
Revel
Clover
Epos Now
Segment by Type
Cloud Based
Web Based
Segment by Application
Large Enterprises
SMEs
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Retail POS System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Retail POS System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Cloud Based
1.2.3 Web Based
1.3 Market by Application
1.3.1 Global Retail POS System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Large Enterprises
1.3.3 SMEs
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Retail POS System Market Perspective (2019-2030)
2.2 Retail POS System Growth Trends by Region
2.2.1 Global Retail POS System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Retail POS System Historic Market Size by Region (2019-2024)
2.2.3 Retail POS System Forecasted Market Size by Region (2025-2030)
2.3 Retail POS System Market Dynamics
2.3.1 Retail POS System Industry Trends
2.3.2 Retail POS System Market Drivers
2.3.3 Retail POS System Market Challenges
2.3.4 Retail POS System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Retail POS System Players by Revenue
3.1.1 Global Top Retail POS System Players by Revenue (2019-2024)
3.1.2 Global Retail POS System Revenue Market Share by Players (2019-2024)
3.2 Global Retail POS System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Retail POS System Revenue
3.4 Global Retail POS System Market Concentration Ratio
3.4.1 Global Retail POS System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Retail POS System Revenue in 2023
3.5 Retail POS System Key Players Head office and Area Served
3.6 Key Players Retail POS System Product Solution and Service
3.7 Date of Enter into Retail POS System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Retail POS System Breakdown Data by Type
4.1 Global Retail POS System Historic Market Size by Type (2019-2024)
4.2 Global Retail POS System Forecasted Market Size by Type (2025-2030)
5 Retail POS System Breakdown Data by Application
5.1 Global Retail POS System Historic Market Size by Application (2019-2024)
5.2 Global Retail POS System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Retail POS System Market Size (2019-2030)
6.2 North America Retail POS System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Retail POS System Market Size by Country (2019-2024)
6.4 North America Retail POS System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Retail POS System Market Size (2019-2030)
7.2 Europe Retail POS System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Retail POS System Market Size by Country (2019-2024)
7.4 Europe Retail POS System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Retail POS System Market Size (2019-2030)
8.2 Asia-Pacific Retail POS System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Retail POS System Market Size by Region (2019-2024)
8.4 Asia-Pacific Retail POS System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Retail POS System Market Size (2019-2030)
9.2 Latin America Retail POS System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Retail POS System Market Size by Country (2019-2024)
9.4 Latin America Retail POS System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Retail POS System Market Size (2019-2030)
10.2 Middle East & Africa Retail POS System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Retail POS System Market Size by Country (2019-2024)
10.4 Middle East & Africa Retail POS System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Square
11.1.1 Square Company Detail
11.1.2 Square Business Overview
11.1.3 Square Retail POS System Introduction
11.1.4 Square Revenue in Retail POS System Business (2019-2024)
11.1.5 Square Recent Development
11.2 Lightspeed
11.2.1 Lightspeed Company Detail
11.2.2 Lightspeed Business Overview
11.2.3 Lightspeed Retail POS System Introduction
11.2.4 Lightspeed Revenue in Retail POS System Business (2019-2024)
11.2.5 Lightspeed Recent Development
11.3 Shopify
11.3.1 Shopify Company Detail
11.3.2 Shopify Business Overview
11.3.3 Shopify Retail POS System Introduction
11.3.4 Shopify Revenue in Retail POS System Business (2019-2024)
11.3.5 Shopify Recent Development
11.4 Vend
11.4.1 Vend Company Detail
11.4.2 Vend Business Overview
11.4.3 Vend Retail POS System Introduction
11.4.4 Vend Revenue in Retail POS System Business (2019-2024)
11.4.5 Vend Recent Development
11.5 Shopkeep
11.5.1 Shopkeep Company Detail
11.5.2 Shopkeep Business Overview
11.5.3 Shopkeep Retail POS System Introduction
11.5.4 Shopkeep Revenue in Retail POS System Business (2019-2024)
11.5.5 Shopkeep Recent Development
11.6 Erply
11.6.1 Erply Company Detail
11.6.2 Erply Business Overview
11.6.3 Erply Retail POS System Introduction
11.6.4 Erply Revenue in Retail POS System Business (2019-2024)
11.6.5 Erply Recent Development
11.7 SalesVu
11.7.1 SalesVu Company Detail
11.7.2 SalesVu Business Overview
11.7.3 SalesVu Retail POS System Introduction
11.7.4 SalesVu Revenue in Retail POS System Business (2019-2024)
11.7.5 SalesVu Recent Development
11.8 Revel
11.8.1 Revel Company Detail
11.8.2 Revel Business Overview
11.8.3 Revel Retail POS System Introduction
11.8.4 Revel Revenue in Retail POS System Business (2019-2024)
11.8.5 Revel Recent Development
11.9 Clover
11.9.1 Clover Company Detail
11.9.2 Clover Business Overview
11.9.3 Clover Retail POS System Introduction
11.9.4 Clover Revenue in Retail POS System Business (2019-2024)
11.9.5 Clover Recent Development
11.10 Epos Now
11.10.1 Epos Now Company Detail
11.10.2 Epos Now Business Overview
11.10.3 Epos Now Retail POS System Introduction
11.10.4 Epos Now Revenue in Retail POS System Business (2019-2024)
11.10.5 Epos Now Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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