The global point-of-sale (POS) software market size was valued at $4.9 billion in 2022, according to a new report by GlobalData Plc. Growing demand for contactless payment systems, surge in the adoption of cloud-based solutions and increasing need for automation and efficiency across verticals, notably in retail and hospitality, are presumed to drive the POS software market growth over the forecast period.

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Point-of-Sale (POS) Software Market FAQs

  • What was the point-of-sale (POS) software market size in 2022?
    The point-of-sale (POS) software market size was valued at $4.9 billion in 2022.
  • What will be the point-of-sale (POS) software market CAGR during 2023-2030?
    The point-of-sale (POS) software market will grow at a CAGR of 10.4% during 2023-2030.
  • Which are the key segments of the point-of-sale (POS) software market?
    The key segments of the point-of-sale (POS) software market are classified based on region, POS terminal type, enterprise size, end-user, and region.
  • Who are the leading point-of-sale (POS) software market players?
    NCR Corporation, Toshiba Corporation, Oracle Corporation, Diebold Nixdorf Inc, Aptos LLC, Shopify LLC, Block Inc (formerly Square), Toast Inc,  Lightspeed Commerce, and Fiserv Inc are some of the leading point-of-sale (POS) software market players.

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Point-of-Sale (POS) Software Market Dynamics

Soaring international tourism across economies has increased the demand for hospitality services globally. According to United Nations World Tourism Organization (UNWTO), in 2022 international tourists recorded 900 million which was double the number recorded in 2021. Every region recorded notable increases in international tourist numbers.

As the number of tourists increase, higher demand for hospitality services such as restaurants, hotels, and attractions is also expected to increase. These businesses typically require POS software to manage their sales and inventory, thereby driving the market over the forecast period.

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Point-of-Sale (POS) Software Market Report Highlights

  • The global point-of-sale (POS) software market is projected to witness a CAGR of 10.4% from 2023 to 2030. The increasing adoption of mobile POS solutions and the need for multilingual support and real-time data analytics is expected to drive the POS software market growth over the forecast period.
  • The mobile POS segment accounted for the market share of 29.2% in 2022. It is attributed to convenience, cost-effectiveness, flexibility, security, and the growing adoption of smartphones is expected to drive the growth of mobile POS as the fastest-growing segment in the POS software market over the next seven to eight years.
  • In 2022, the very large enterprise segment is expected to reach more than $2.5 billion by 2030 growing at 7.5% CAGR. The need for scalability, customization, and regulatory compliance are the key factors that drive market demand. These enterprises have the resources to invest in the best POS software solutions, and they are likely to have a significant impact on the overall growth of the POS software market
  • The retail and travel & hospitality segment, together, accounted for more than 40% of the share in the POS software market in 2022. The demand for POS software solutions in the retail and hospitality segments is increasing due to the need for businesses to streamline their operations and provide a seamless customer experience.
  • North America and Asia Pacific together capture over 50% of the overall POS software market demand in 2022. Increase in the number of small businesses in North America and Asia Pacific has encouraged the adoption of POS software to help businesses manage their operations and compete with larger companies, a trend which is expected to propel the market demand over the next few years.
  • The key POS software market players analyzed as part of this report include NCR Corporation, Toshiba Corporation, Oracle Corporation, Diebold Nixdorf Inc, Aptos LLC, Shopify LLC, Block Inc (formerly Square), Toast Inc,  Lightspeed Commerce, and Fiserv Inc.

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Point-of-Sale (POS) Software Market Segments

Point-of-Sale (POS) Software Market POS Terminal Type Outlook (Revenue, $ Million, 2019-2030)

  • Fixed POS
  • Mobile POS

Point-of-Sale (POS) Software Market Enterprise Size Outlook (Revenue, $ Million, 2019-2030)

  • Micro (Less than 50)
  • Small (51-250)
  • Medium (251-1000)
  • Large (1001-4999)
  • Very Large (5000+)

Point-of-Sale (POS) Software Market End user Outlook (Revenue, $ Million, 2019-2030)

  • Retail
  • Travel & Hospitality
  • Government
  • BFSI
  • Healthcare & Pharmaceuticals
  • Media & Entertainment
  • Transportation & Logistics
  • Others

Point-of-Sale (POS) Software Market Regional Outlook (Revenue, $ Million, 2019-2030)

  • North America
  • S.
  • Canada
  • Europe
  • Germany
  • K.
  • Italy
  • France
  • Spain
  • Netherlands
  • Sweden
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • South & Central America
  • Brazil
  • Mexico
  • Argentina
  • Rest of South & Central America
  • Middle East & Africa
  • United Arab Emirates (UAE)
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

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Related Reports

Table of Contents

  1. Executive Summary

1.1. POS Software Market Snapshot, 2019-2030

  1. Research Scope & Segmentation

2.1. POS Software: Market Segmentation and Scope

2.2. Market & Segment Definitions

  1. Market Overview & Industry Analysis

3.1. Value Chain Analysis

3.2. Market Drivers & Challenges

3.3. Porters Five Forces Model

  1. Dashboard Analytics

4.1. Mergers & Acquisitions (M&A), 2019-2022

4.2. Job Analytics, 2019-2022

  1. POS Software Revenue Opportunity & Forecast

5.1. Global POS Software Market Size & Forecasts, by Terminal Type, 2019-2030 ($ Mn)

5.2. Global POS Software Market Size & Forecasts, by Enterprise Size, 2019-2030 ($ Mn)

5.3. Global POS Software Market Size & Forecasts, by End User, 2019-2030 ($ Mn)

  1. POS Software Revenue Opportunity & Forecasts by Region

6.1. North America POS Software Market Size & Forecasts, 2019-2030 ($ Mn)

6.2. Europe POS Software Market Size & Forecasts, 2019-2030 ($ Mn)

6.3. South & Central America POS Software Market Size & Forecasts, 2019-2030 ($ Mn)

6.4. Asia Pacific POS Software Market Size & Forecasts, 2019-2030 ($ Mn)

6.5. Middle East & Africa POS Software Market Size & Forecasts, 2019-2030 ($ Mn)

  1. Competitive Landscape

7.1. Vendor Growth Innovation Matrix

7.2. Company Profiles

7.2.1. Overview

7.2.2. Financial Performance

7.2.3. Recent Developments & Innovations

About us

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