Demand for low-cost wireless technology is surging and demand for mobile POS terminals is expected to increase. Overall POS terminal market. With the introduction of chip-based payment cards and Personal Identification Numbers (PINs), security issues associated with sensitive data theft are expected to be minimized, leading the POS industry for the forecast period. Ubiquitous wireless connectivity, including Bluetooth, combined with the availability of peripherals, card readers, scanners, mobile printers and multi-platform support, is expected to drive demand during the forecast period.
Pune, India -- (SBWIRE) -- 01/31/2018 -- POS (Point of Sale) software implements functions related to the acceptance, processing, storage and transmission of important card data. The industry is expected to grow rapidly during the forecast period due to the ease of the payment process, rapid transfer and the use of cards (credit and debit cards) for transactions.
One of the key factors contributing to market growth is increased adoption of credit and debit cards. Debit cards are especially desirable and catch up with cash among younger consumers. But companies still have to deal with the most sophisticated processing and security issues caused by credit cards and the growing mobile payment options.
The evolution of cloud-based POS solutions is expected to provide significant opportunities over the next few years. Start-ups are creating new opportunities that focus on business needs. Cloud computing POS solutions offer a number of benefits over traditional solutions such as access to on-demand services, lower capital costs (CapEx) and reduced internal IT infrastructure.
Advances in POS software will provide new opportunities in the marketplace by integrating functions such as pricing, inventory management, digital signage and security. Understand the new mobile payment options and provide choices for mobile and fixed POS solutions with the right security and compliance.
Consumer preferences have shifted from traditional to online payment methods. Hardware and software investments are increasingly driving enterprise profits, leading to sales in the wholesale, retail and hotel services sectors. SMEs increase profitability by expanding their business into niche markets. Revenue is expected to increase over the next seven years as demand continues to grow as downstream markets grow and technology improvements, including cloud computing, continue to grow.
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For example, the introduction of new technologies such as Near Field Communications (NFC) has created an electronic wallet for mobile phones. As a result, companies are encouraging mobile payments and NFC technology. POS software that pushes POS systems to mobile adoption and integrates flexible and new requirements.
This research report provides an in-depth analysis of the global Point of Sale Software Market based on enterprise size, services, solution, end-use industry, and geography. The report also provides an analysis of the factors that drive and restrain the growth of the Point of Sale Software market. It discusses the prevailing market trends, prospective growth opportunities, and major strategies increasing the popularity of the global market. It provides market estimates and forecasts for all the segments in terms of revenue.
The report covers all the major trends and technologies playing a major role in the market growth over the forecast period. The competition in the global market for Point of Sale Software will likely heat up in the next couple of years on the back of entry of a substantial number of solution providers. This statistical surveying report presents an all-inclusive assessment of the worldwide market for Point of Sale Software, taking several market verticals, such as the production capacity, product pricing, the dynamics of demand and supply, sales volume, revenue, and the growth rate of this market into consideration.
Company Profiled: The Key Players operating in the Point of Sale Software Market includes Epson, HP, Intuit, Aldelo, Alexandria Computers, BankServ, Bixolon, Clover, Dascom, Elo Touch, Wells Fargo, GoVenture, Informatics, NCH Software, QuickBooks, Star Micronics, Topaz Systems, VeriFone, Wasp Barcode, Samsung, Honeywell, PayPal.
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The report provides competitive landscape of the Point of Sale Software market, thereby listing out all the major players according to their geographic presence, market attractiveness and recent key developments. The competitive landscape section of the report gives an overview about the market share of several key players for the year 2017. Moreover, key takeaways section provided at the end of competitive landscape section would help the operating companies to make the best move in the market.
These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. Factors including market position, offerings and R&D focus are attributed to company's capabilities. This section also identifies and includes various recent developments carried out by the leading players.
The regional analysis of the Global Market splits the global market into key regions that include both continents as well as specific countries that are currently shining in terms of either demand, volume or overall growth. Users of the report can focus on these regions if they are looking to expand their business borders.
The stages of development of Point of Sale Software market with respect to many geographic regions have also been presented thoroughly. This information which is provided helps the emerging players gain up-to-date information which can help them take perfect business decisions. In similar way, many other segments and sub segments are mentioned in this market helping in conveying impeccable data to the users.
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Table of Contents
Global Point of Sale Software Market Research Report 2017
Chapter 1 Point of Sale Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast