Point of Sale Software Developers
The Point of Sale Software Developers industry, which facilitates sales of goods and services, has experienced strong growth over the past five years. The industry has benefited from increased reliance on computers in its downstream markets, including retailers, wholesalers and hospitality and food service businesses. Growth has been bolstered by new technologies and the changing retail landscape. The industry has experienced a high amount of merger and acquisition activity over the past five years. As competition has increased between large companies, in addition to the entrance of new companies, profit margins have slipped. Industry revenue is expected to increase in the five years to 2022. Technological improvements will continue impacting industry products as POS software developers move to software as a service (SaaS) business models and mobile computing, allowing for more personalized marketing and instant sales. Businesses will increasingly look to operate real-time, data-driven business models, driving demand for POS software that integrates with systems all along the supply chain.
This industry develops point-of-sale (POS) software, which manages and facilitates sales at the physical location goods are sold. POS software varies significantly depending on the type of business using it and can provide extended features such as sales analysis and history, appointment scheduling and inventory management.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.