Edison, NJ -- (SBWIRE) -- 03/04/2019 -- The Point of Sale (POS) or Point of Purchase (POP) Software is mainly referred to as the time or place where the product or services transaction is completed. It is a point, where the merchant calculates the value owned for money and may prepare the invoice for the same. It can also help it selecting the payment modes.

Global POS Software Market to grow at a CAGR of +13% during the period 2019-2024

This market research report looks into and analyzes the Global POS Software Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.

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Major Key Players in This Report Include, Realtime POS, Inc., Heartland Payment Systems, Keystroke Holdings, Shopify. Realtime POS, Inc. (United States) , Heartland Payment Systems (United States) , Keystroke Holdings (South Africa)

Opportunities POS Software Market:
Personalized Customer Shopping Experience using POS Software , AI enabled POS Software and Point of Service POS Software

Casio has invested millions of dollars in developing and introducing a new android POS terminal for the retail and hospitality industry, which will significantly reflect that number of prominent players will cause a major disruption in the overall POS industry share. In addition to this, Lexus and Toyota Financial Services have launched an in-house electronic POS system named NGage. According to industry experts, this POS system developed by Toyota will be one of the substantial factors influencing the growth of POS software industry.

On April 25, 2016, Global Payments Inc., which is leading provider of payment technology services globally has announced that it has completed a merger with Heartland Payment Systems, Inc. The merged company named Global Payments Inc. has around 8500 employees worldwide which provides leading payments solutions to millions of merchants globally.

The regional analysis of Global POS Software Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.

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The point of sale software market is classified according to software installation, products and end users. Depending on your software settings, the market is diverted to cloud-based and native. Mobile POS and Terminal POS make up the product segment of this global market. The terminal sector is expected to dominate the market in the future due to an increase in government spending on technology. The end-user segment comprises the retail, government sector, healthcare, hospitality, media and entertainment, warehousing and others.
The retail sector is expected to grow especially in the coming years due to increased investment in technology.

The conclusions of this report illustrate the potential of the global POS Software Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future.

Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Makes better Customer Relationship Management (CRM)
3.2.2. Simplifies the Accounting Processes
3.2.3. Eliminates Human Errors and Saves Money on Long Term
3.3. Market Challenges
3.3.1. Problems Caused By Hardware
3.3.2. Inaccurate Reporting
3.3.3. Mobile Compatibility
3.4. Market Trends
3.4.1. Tablet or Mobile Payment Enabled POS Systems
3.4.2. Data and Analytics Provision
3.4.3. Cloud Based POS Software
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global POS Software, by Type, Application, Platform and Region (value) (2013-2018)

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