Global Small Business POS Systems Market Growth (Status and Outlook) 2024-2030
Small business POS software is a retail management solution that helps small retailers and other businesses manage their point of sale (POS) operations, including customer records, inventory, purchases and other transactions.
This type of software assists store operators in creating product entries, calculating total costs and taxes, creating bills and accepting payments.
POS software also integrates with useful retail hardware such as terminals, barcode scanners, card readers and iPads and other tablets.
The global Small Business POS Systems market size is projected to grow from US$ 856.9 million in 2023 to US$ 1538 million in 2030; it is expected to grow at a CAGR of 8.7% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Small Business POS Systems Industry Forecast” looks at past sales and reviews total world Small Business POS Systems sales in 2023, providing a comprehensive analysis by region and market sector of projected Small Business POS Systems sales for 2024 through 2030. With Small Business POS Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Small Business POS Systems industry.
This Insight Report provides a comprehensive analysis of the global Small Business POS Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Small Business POS Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Small Business POS Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Small Business POS Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Small Business POS Systems.
Some of the future market trends of small business POS systems are:
Untethered POS systems: These are mobile or wireless POS systems that allow businesses to process payments from anywhere, such as in-store, online, curbside, or at trade shows. Untethered POS systems can enhance customer experience, convenience, and loyalty, as well as reduce operational costs and increase sales. The worldwide mPOS transaction value is projected to hit $3.30 trillion in 2023.
Seamless omnichannel experiences: These are POS systems that integrate in-person, mobile, ecommerce, and social sales channels, and provide a holistic view of the customer relationship on any channel at any time. Omnichannel POS systems can help businesses create personalized and consistent customer experiences, increase customer retention and loyalty, and optimize sales and marketing strategies.
Cloud-based and AI-integrated solutions: These are POS systems that leverage cloud computing and artificial intelligence technologies to provide more features, functionality, and security. Cloud-based POS systems can offer scalability, accessibility, affordability, and real-time data synchronization. AI-integrated POS systems can offer automation, analytics, personalization, and fraud prevention.
This report presents a comprehensive overview, market shares, and growth opportunities of Small Business POS Systems market by product type, application, key players and key regions and countries.
Segmentation by type
Tablet POS
Mobile POS
Terminal POS
Online POS
Segmentation by application
Offline sales
Online sales
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PayPal
Shopify
Stripe
Square
MINDBODY
Lightspeed
Oracle
OpenTable
Fishbowl
Timely
Odoo
Phorest
Traxia
talech
PHP
Toast POS
Epos Now
Booksy
Please note: The report will take approximately 2 business days to prepare and deliver.