Handheld Point of Sale (POS) Device Market Shares, Strategies, and Forecasts, Worldwide, 2012 to 2018
- Language: English
- 316 Pages
- Published: March 2012
- Region: Global
TechNavio’s analysts forecast that the Global Point of Sale (POS) Software market will reach $3.2 billion in 2014. One of the key factors contributing to this market growth is an upgrade of the point of sale systems retailers. The Point of Sale Software has also been witnessing changes in the design and architecture of the POS software due to multi channel shopping. However higher cost and complexity associated with an upgrade of the software could be a challenge to the growth of this market.
Key vendors dominating this market space include Epicor, Micro, Oracle, SAP and JDA Software.
TechNavio’s Global Point of Sale (POS) Software Market 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on EMEA, Americas and APAC and cover the current POS Software market, and its outlook in the coming year.
Key questions answered in this report:
- What will the market size be in 2014 and at what rate will it grow?
- What key trends is this market subject to?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the opportunities and threats faced by each of these key vendors?
- What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Landscape
04. Vendor Landscape
05. Market Growth Drivers
06. Market Challenges
07. Market Trends
08. Key Vendor Analysis
08.5 JDA Software
09. Other Reports in this Series
List of exhibits
Exhibit 1: POS Software Market Size and Forecast 2010-2014 ( $ billions)
Exhibit 2: POS Software Market Segmentation by Geography - 2010
Exhibit 3: Vendor Market Share - 2010
Emerging acceptance of NFC technology is Encouraging Growth of POS Software
Research conducted by Technavio reveals, that the POS software market is expected to grow at a CAGR of 6.4 percent. The report, which focuses on the global market indicates, that the market is currently driven by the emerging acceptance of NFC technology as well as contactless payments.
“NFC (Near Field Communications) is paving the way for mobile phones transforming into electronic wallets. Companies are therefore encouraging mobile payments and NFC technology. This has pushed POS system to migrate towards mobile acceptance, hence demanding POS software that is flexible and incorporates new requirements,” reports Technavio analyst.
In spite of the need, the high cost and complexity associated with up-gradation of POS software hinders the growth of this market. However, the up-gradation of the point of sale systems by the retailers is expected to drive the market.
The POS software market is marked by multi-channel shopping leading to changes in the design and architecture of the POS software .This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global POS Software Market 2010-2014 is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include Epicor, Micro, Oracle, SAP and JDA Software.