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.
The growth of North America POS software market is propelled by the presence of wide number of retail stores and significant development in the retail sector. This region is a home for most of the world?s largest retailers which is likely to boost the North America POS software market. Moreover, the North America is witnessing high growth in the urban population resulting in the opening of new restaurants. The increasing number of restaurants across North America is expected to bolster the demand for POS software market Additionally, the North American region is witnessing high growth in the construction of hotel projects. The region has the second most active hospitality market worldwide which is likely to provide new opportunities for the POS software market during forecast period.
On the basis of deployment type, the North America POS Software market was led by on-premise segment led in 2018 with a decent share and is expected to continue its dominance during the forecast period by 2027. on-premises deployment is mainly adopted by large and well-established companies that are capable of investing huge capital on maintaining the software. The on-premises structure needs software licenses, in-house server hardware, integration capabilities, and IT technicians to support, operate, and manage the complex issues that may arise while accessing the software.
The overall North America POS software market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America POS Software market. It also provides an overview and forecast for the POS Software based on all the segmentation provided with respect to the North America region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the POS software industry. Some of the players present in the North America POS Software market are AccuPOS, Inc, Clover Network, Inc, Dell Inc, Honeywell International Inc, among others.
TABLE OF CONTENTS
1. Introduction 12
1.1 Scope of the Study 12
1.2 Research Report Guidance 12
1.3 Market Segmentation 13
2. Key Takeaways 16
3. Research Methodology 19
3.1 Coverage 20
3.2 Secondary Research 20
3.3 Primary Research 21
4. POS Software Market Landscape 22
4.1 Market Overview 22
4.2 Ecosystem Analysis 23
4.3 PEST Analysis 24
4.3.1 North America PEST Analysis 24
5. POS Software Market - Key Industry Dynamics 25
5.1 Key Market Drivers 25
5.1.1 Rising Demand of Cost-Efficient and Value-Added Services 25
5.1.2 Government Initiatives to Promote Electronic Payments 25
5.2 Key Market Restraint 26
5.2.1 High Initial Cost of Setting up the POS Software 26
5.3 Key Market Opportunity 26
5.3.1 Integration of Big Data analytics and IoT with POS Solution 26
5.3.2 Adoption of Cloud Technology in Retail Industry 26
5.4 Future Trends 27
5.4.1 Adoption of Biometric POS System for Security Concern 27
5.5 Impact Analysis of Drivers and Restraints 28
6. POS Software Market - North America Market Analysis 29
6.1 North America POS Software Market, Revenue and Forecast to 2027 (US$ Bn) 29
7. North America POS Software Market Analysis - By Component 31
7.1 Overview 31
7.2 POS Software Market Breakdown, By Component, 2018 & 2027 31
7.3 Software 32
7.3.1 Overview 32
7.3.2 Software Market Revenue and Forecasts to 2027 (US$ Mn) 32
7.4 Services 33
7.4.1 Overview 33
7.4.2 Services Market Revenue and Forecasts to 2027 (US$ Mn) 33
8. POS Software Market Analysis - By Deployment Type 34
8.1 Overview 34
8.2 POS Software Market Breakdown, By Deployment Type, 2018 & 2027 34
8.3 On-Premise 35
8.3.1 Overview 35
8.3.2 On-Premise Market Revenue and Forecasts to 2027 (US$ Mn) 35
8.4 Cloud 36
8.4.1 Overview 36
8.4.2 Cloud Market Revenue and Forecasts to 2027 (US$ Mn) 36
9. POS Software Market Analysis- By Application 37
9.1 Overview 37
9.2 North America POS Software Market Breakdown, By Application, 2018 & 2027 37
9.3 Inventory Tracking 39
9.3.1 Overview 39
9.3.2 Inventory Tracking Market Forecast and Analysis 39
9.4 Purchasing Management 40
9.4.1 Overview 40
9.4.2 Purchasing Management Market Forecast and Analysis 40
9.5 Sales Reporting 41
9.5.1 Overview 41
9.5.2 Sales Reporting Market Revenue and Forecasts to 2027 (US$ Mn) 41
9.6 Customer Engagement 42
9.6.1 Overview 42
9.6.2 Customer Engagement Market Revenue and Forecasts to 2027 (US$ Mn) 42
9.7 Others 43
9.7.1 Overview 43
9.7.2 Others Market Revenue and Forecasts to 2027 (US$ Mn) 43
10. POS Software Market Analysis- By End User 44
10.1 Overview 44
10.2 North America POS Software Market Breakdown, By End User, 2018 & 2027 44
10.3 Retail 45
10.3.1 Overview 45
10.3.2 Retail Market Forecast and Analysis 45
10.4 Hospitality 46
10.4.1 Overview 46
10.4.2 Hospitality Market Forecast and Analysis 46
10.5 Media and Entertainment 47
10.5.1 Overview 47
10.5.2 Media and Entertainment Market Forecast and Analysis 47
10.6 Healthcare 48
10.6.1 Overview 48
10.6.2 Healthcare Market Forecast and Analysis 48
10.7 Others 49
10.7.1 Overview 49
10.7.2 Others Market Forecast and Analysis 49
11. North America POS Software Market- Country Analysis 50
11.1.1 North America POS Software Market Breakdown, By Country 52
11.1.1.1 US POS Software Market Revenue and Forecast to 2027 (US$ Mn) 53
11.1.1.1.1 US POS Software Market Breakdown, By Component 53
11.1.1.1.2 US POS Software Market Breakdown, By Deployment 54
11.1.1.1.3 US POS Software Market Breakdown, By Application 54
11.1.1.1.4 US POS Software Market Breakdown, By End user 55
11.1.1.2 Canada POS Software Market Revenue and Forecast to 2027 (US$ Mn) 56
11.1.1.2.1 Canada POS Software Market Breakdown, By Component 56
11.1.1.2.2 Canada POS Software Market Breakdown, By Deployment 57
11.1.1.2.3 Canada POS Software Market Breakdown, By Application 57
11.1.1.2.4 Canada POS Software Market Breakdown, By End user 58
11.1.1.3 Mexico POS Software Market Revenue and Forecast to 2027 (US$ Mn) 59
11.1.1.3.1 Mexico POS Software Market Breakdown, By Component 59
11.1.1.3.2 Mexico POS Software Market Breakdown, By Deployment 60
11.1.1.3.3 Mexico POS Software Market Breakdown, By Application 60
11.1.1.3.4 Mexico POS Software Market Breakdown, By End user 61
12. POS Software Market - Industry Landscape 62
12.1 Overview 62
12.2 Market Initiative 62
12.3 New Development 63
13. POS Software Market- Company Profiles 64
13.1 AccuPOS Point of Sale 64
13.1.1 Key Facts 64
13.1.2 Business Description 64
13.1.3 Products and Services 64
13.1.4 Financial Overview 64
13.1.5 SWOT Analysis 65
13.2 Clover Network, Inc. 66
13.2.1 Key Facts 66
13.2.2 Business Description 66
13.2.3 Products and Services 66
13.2.4 Financial Overview 66
13.2.5 SWOT Analysis 67
13.3 Dell Inc. 68
13.3.1 Key Facts 68
13.3.2 Business Description 68
13.3.3 Product and Services 68
13.3.4 Financial Overview 69
13.3.5 SWOT Analysis 69
13.3.6 Key Developments 69
13.4 Honeywell International, Inc. 70
13.4.1 Key Facts 70
13.4.2 Business Description 70
13.4.3 Products and Services 70
13.4.4 Financial Overview 71
13.4.5 SWOT Analysis 71
13.4.6 Key Developments 71
13.5 Infor INC. 72
13.5.1 Key Facts 72
13.5.2 Business Description 72
13.5.3 Products and Services 72
13.5.4 Financial Overview 73
13.5.5 SWOT Analysis 73
13.5.6 Key Developments 73
13.6 Ingenico Group SA 74
13.6.1 Key Facts 74
13.6.2 Business Description 74
13.6.3 Product and Services 74
13.6.4 Financial Overview 75
13.6.5 SWOT Analysis 75
13.6.6 Key Developments 76
13.7 Intuit, Inc. 77
13.7.1 Key Facts 77
13.7.2 Business Description 77
13.7.3 Products and Services 77
13.7.4 Financial Overview 78
13.7.5 SWOT Analysis 78
13.7.6 Key Developments 78
13.8 LightSpeed POS Inc. 79
13.8.1 Key Facts 79
13.8.2 Business Description 79
13.8.3 Products and Services 79
13.8.4 Financial Overview 80
13.8.5 SWOT Analysis 80
13.8.6 Key Developments 80
13.9 ShopKeep 81
13.9.1 Key Facts 81
13.9.2 Business Description 81
13.9.3 Product and Services 81
13.9.4 Financial Overview 81
13.9.5 SWOT Analysis 82
13.9.6 Key Developments 82
13.10 Vend Limited 83
13.10.1 Key Facts 83
13.10.2 Business Description 83
13.10.3 Product and Services 83
13.10.4 Financial Overview 83
13.10.5 SWOT Analysis 84
13.10.6 Key Developments 84
14. Appendix 85
14.1 About 85
14.2 Glossary of Terms 85
LIST OF TABLES
Table 1. North America POS Software Market, Revenue and Forecast to 2027 (US$ Mn) 31
Table 2. North America POS Software Market Revenue and Forecast to 2027 - By Component (US$ Mn) 32
Table 3. North America POS Software Market Revenue and Forecast to 2027 - By Deployment (US$ Mn) 35
Table 4. North America POS Software Market Revenue and Forecast to 2027 - By Application (US$ Mn) 38
Table 5. North America POS Software Market Revenue and Forecast to 2027 - By End user (US$ Mn) 45
Table 6. US POS Software Market Revenue and Forecast to 2027 - By Component (US$ Mn) 54
Table 7. US POS Software Market Revenue and Forecast to 2027 - By Deployment (US$ Mn) 55
Table 8. US POS Software Market Revenue and Forecast to 2027 - By Application (US$ Mn) 55
Table 9. US POS Software Market Revenue and Forecast to 2027 - By End user (US$ Mn) 56
Table 10. Canada POS Software Market Revenue and Forecast to 2027 - By Component (US$ Mn) 57
Table 11. Canada POS Software Market Revenue and Forecast to 2027 - By Deployment (US$ Mn) 58
Table 12. Canada POS Software Market Revenue and Forecast to 2027 - By Application (US$ Mn) 58
Table 13. Canada POS Software Market Revenue and Forecast to 2027 - By End user (US$ Mn) 59
Table 14. Mexico POS Software Market Revenue and Forecast to 2027 - By Component (US$ Mn) 60
Table 15. Mexico POS Software Market Revenue and Forecast to 2027 - By Deployment (US$ Mn) 61
Table 16. Mexico POS Software Market Revenue and Forecast to 2027 - By Application (US$ Mn) 61
Table 17. Mexico POS Software Market Revenue and Forecast to 2027 - By End user (US$ Mn) 62
Table 18. Glossary of Term: POS Software Market 86
The List of Companies - North America POS Software Market
1. AccuPOS, Inc.
2. Clover Network, Inc
3. Dell Inc
4. Honeywell International Inc.
5. Infor Inc.
6. Ingenico Group SA
7. Intuit Inc
8. Lightspeed POS Inc
9. Shopkeep
10. Vend Limited