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Point of Sale (POS) Software Market Share

Report ID: GMI5392
Published Date: Jun 2024
Report Format: PDF

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Point of Sale Software Market Share

Ingenico Group and Square, Inc. dominate the market with around 9% of the market share. Ingenico leverages its extensive expertise in payment technologies to deliver robust, secure, and versatile POS systems, integrating advanced features such as real-time fraud detection, predictive sales analytics, and multi-channel payment support.

Square, Inc. capitalizes on its user-friendly, cloud-based POS systems tailored for small to medium-sized businesses, incorporating AI-driven insights, seamless e-commerce integration, and mobile payment capabilities. Square's emphasis on ease of use, affordability, and comprehensive business management tools ensures its strong position, particularly among tech-savvy and startup businesses.

Point of Sale Software Market Companies

Major players operating in the Point of Sale (POS) software industry are:

Diebold Nixdorf
Epicor Software Corporation
Ingenico Group
NCR Corporation
NEC Corporation
Panasonic Corporation
PAX Technology
Samsung Electronic Co. Ltd
Square, Inc.
VeriFone Systems, Inc.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of Point of Sale (POS) software reached USD 11 billion in 2023 and is set to witness 8.8% CAGR from 2024 to 2032, owing to the continuous advancements in technology, evolving regulatory requirements, and the increasing integration of digital payment solutions worldwide.

Point of Sale (POS) software industry from the fixed segment held 60% share in 2023, due to providing a stable and reliable solution for retail and hospitality businesses.

North America market accounted for 30% share in 2023, attributed to a strong economy, widespread adoption of digital payment solutions, and stringent regulatory standards in the region.

Diebold Nixdorf, Epicor Software Corporation, Ingenico Group, NCR Corporation, NEC Corporation, Panasonic Corporation, PAX Technology, Samsung Electronic Co. Ltd, Square, Inc., and VeriFone Systems, Inc., are some of the major Point of Sale (POS) software companies worldwide.