The North America Point-of-Sale Software Market would witness market growth of 9.3% CAGR during the forecast period (2022-2028).
Vendors must consider specific considerations while building POS software, such as the need to handle several operating systems and payment methods and to manage and establish a structured customer database. For example, shops require a flexible, cost-effective POS system compatible with various devices, such as PCs, laptops, cell phones, and tablets. Thus, it is predicted that the program will be compatible with numerous operating systems, including Windows, Linux, Mac OS, Android, and iOS.
This would enable enterprises to service a wide consumer base without being hindered by software & hardware compatibility issues. To expand their global reach, retail, packaged food service enterprises, and other industries have gradually adopted online sales (e-commerce) methods. As a result, there is a growing demand for POS software that can successfully manage vast quantities of inventory, facilitate payments, and streamline other business processes.
The North American POS software market has significantly changed in recent years due to the need for small and medium-sized merchants, new touchscreen technology, fully loaded Point of Sale (POS) software, and other factors. These days, retailers and restaurant owners all over the area want a POS system to manage inventory, customers, suppliers, and staff time in addition to ringing up sales transactions with the correct tax calculation. Additionally, it must include tools for both group and one-on-one marketing, such as email receipts and appointment booking capabilities. These elements are anticipated to encourage the market for point-of-sale software to expand.
The US market dominated the North America Point-of-Sale Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,934.7 million by 2028. The Canada market is poised to grow at a CAGR of 11.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11.1% during (2022 - 2028).
Based on Application, the market is segmented into Fixed POS, and Mobile POS. Based on Deployment Mode, the market is segmented into On-Premise, and Cloud. Based on Organization Size, the market is segmented into Large Enterprises, and SMEs. Based on End User, the market is segmented into Retail, Restaurants, Hospitality, Warehouse, Healthcare, Entertainment, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Point-of-Sale Software Market is Projected to reach USD 20 Billion by 2028, at a CAGR of 10.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fiserv, Inc. (Clover Network, Inc.), Oracle Corporation, Toast, Inc., NCR Corporation, Revel Systems (Welsh, Carson, Anderson & Stowe), MSL Solutions Limited (Pemba Capital Partners), Block, Inc., H&L POS (Valsoft Corporation), Idealpos Solutions Pty Ltd and TouchBistro, Inc.
By Application
By Deployment Mode
By Organization Size
By End User
By Country
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