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South Africa Hospitality Point Of Sale Software Market Size, Share & Trends Analysis Report by Product (Fixed POS Terminal, Mobile POS Terminal), by Country and Segment Forecasts, 2021-2028

  • ID: 5390507
  • Report
  • June 2021
  • Region: South Africa
  • 45 Pages
  • Grand View Research

FEATURED COMPANIES

  • Clover Network, Inc.
  • inTouch Point of Sale
  • Lightspeed
  • NCR Corporation
  • Oracle Micros
  • Postech Direct
The South Africa hospitality point of sale software market size is anticipated to reach USD 109.0 million by 2028, registering a CAGR of 5.7% from 2021 to 2028. The adoption of modern payment methods and the need to manage orders, inventory, customers, employees and accounting information are the factors driving the demand for POS software. Moreover, the growing hospitality industry in South Africa is providing an impetus to the rising demand for hospitality POS solutions. The other factor expected to drive the demand is the need for tracking and managing online food orders and delivery facilities to sustain and grow the business.





South Africa's hospitality industry has upcoming opportunities and possibilities for growth. However, the COVID-19 pandemic is expected to halt the pace of growth as the third wave of COVID-19 is expected to hit the country, which may lead to a strict lockdown. The country faced severe impacts of the COVID-19 in 2020 when the government imposed restrictions including on restaurants and hotels. The lockdown in 2020 majorly affected the restaurant and hotel business as foreign and domestic tourism declined in South Africa. The adverse effect on the hospitality industry growth due to restrictions on international flights, opening of hotels and restaurants and movement of people, subsequently led to a decline in the number of existing customers and new purchases of POS software subscriptions.

Consumers are resorting to online delivery and payment methods. The restaurants can operate their businesses by following government guidelines for food delivery. Furthermore, staycations became a trend in South Africa when the government relaxed the lockdown restrictions, which allowed the hotels to generate significant revenue when the tourism industry witnessed a decline in the country. These new trends in the hospitality industry have further helped the POS vendors to understand changing scenarios and offer a suitable solution. The POS vendors are expecting a boost in the demand for hospitality POS solutions post the COVID-19 pandemic as the consumers confined to their homes are yearning for travel and re-exploring restaurants for the dining experience. Thus, a boost in the hospitality business post the pandemic is expected to trigger the demand for POS solutions and contribute to the market growth over the forecast period.

South Africa Hospitality Point Of Sale Software Market Report Highlights
  • The expected boost in the travel, tourism, hotel and restaurant sector post the pandemic is expected to contribute to the overall market growth
  • The mobile POS terminal (mPOS) segment is expected to register the highest CAGR over the forecast period. The increasing demand for mPOS terminals owing to affordability, portability, ease of usage and payment is increasing the demand for hospitality POS solutions for mPOS terminals
  • The demand for fixed POS terminal compatible software was the highest in 2020, accounting for more than 60% of the total market share. The large enterprises investing in owning fixed POS terminals to ensure data security and control over terminals installed at the premises are driving the high demand for desktop Windows-compatible POS software solutions
  • The key vendors operating in the market are AdaptIT, NCR Corporation, Square Inc., TouchBistro, Sapaad and Lightspeed


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Frequently Asked Questions about the South African Hospitality Point of Sale Software Market

What is the estimated value of the South African Hospitality Point of Sale Software Market?

The South African Hospitality Point of Sale Software Market was estimated to be valued at $71.0 Million in 2020.

What is the growth rate of the South African Hospitality Point of Sale Software Market?

The growth rate of the South African Hospitality Point of Sale Software Market is 5.7%, with an estimated value of $109.0 Million by 2028.

What is the forecasted size of the South African Hospitality Point of Sale Software Market?

The South African Hospitality Point of Sale Software Market is estimated to be worth $109.0 Million by 2028.

Who are the key companies in the South African Hospitality Point of Sale Software Market?

Key companies in the South African Hospitality Point of Sale Software Market include Oracle Micros, NCR Corporation, Clover Network, Inc., Postech Direct, Lightspeed, ThinnPro, Square, Inc., Sapaad and TouchBistro.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Clover Network, Inc.
  • inTouch Point of Sale
  • Lightspeed
  • NCR Corporation
  • Oracle Micros
  • Postech Direct

Chapter 1 Methodology and Scope
1.1 Market Segmentation and Scope
1.2 Market Definition
1.3 Research Methodology
1.4 Information Procurement
1.4.1 Purchased database
1.4.2 internal database
1.4.3 Secondary sources & third-party perspectives
1.4.4 Primary research
1.5 Information Analysis
1.6 Market Formulation and Data Visualization
1.7 Data Validation and Publishing
1.8 List of Abbreviation
Chapter 2 Executive Summary
2.1 South Africa Hospitality POS Software Market
2.1.1 Market, 2017 - 2028 (USD Million)
2.2 Product Segment Trends
2.2.1 Market, by product, 2017 - 2028 (USD Million)
Chapter 3 Industry Outlook
3.1 Penetration and Growth Prospects Mapping
3.2 Market Variable Analysis
3.2.1 Market driver analysis
3.2.2 Market challenge analysis
3.3 South Africa Hospitality POS Software Market: COVID-19 Impact Analysis
Chapter 4 South Africa Hospitality POS Software Market: Product Segment Analysis
4.1 Fixed POS Terminal
4.1.1 Market, 2017 - 2028 (USD Million)
4.2 Mobile POS terminal
4.2.1 Market, 2017 - 2028 (USD Million)
Chapter 5 Competitive Landscape
5.1 South Africa Hospitality POS Software Market: Key Company Analysis, 2020
5.1.1 Recent developments & competitive impact analysis, by key market participants
5.1.2 Major Deals and Strategic Analysis
5.2 Company Profiles
5.2.1 Oracle Micros
5.2.1.1 Company overview
5.2.1.2 Financial performance
5.2.1.3 Product benchmarking
5.2.2 NCR Corporation
5.2.2.1 Company overview
5.2.2.2 Financial performance
5.2.2.3 Product benchmarking
5.2.3 Clover Network, Inc.
5.2.3.1 Company overview
5.2.3.2 Financial performance
5.2.3.3 Product benchmarking
5.2.3.4 Strategic outlook
5.2.4 Postech Direct
5.2.4.1 Company overview
5.2.4.2 Product benchmarking
5.2.5 Lightspeed
5.2.5.1 Company overview
5.2.5.2 Financial performance
5.2.5.3 Product benchmarking
5.2.5.4 Strategic outlook
5.2.6 ThinnPro
5.2.6.1 Company overview
5.2.6.2 Financial performance
5.2.6.3 Product benchmarking
5.2.7 Square, Inc.
5.2.7.1 Company overview
5.2.7.2 Financial performance
5.2.7.3 Product benchmarking
5.2.7.4 Strategic outlook
5.2.8 Sapaad
5.2.8.1 Company overview
5.2.8.2 Product benchmarking
5.2.8.3 Strategic outlook
5.2.9 inTouch Point of Sale
5.2.9.1 Company overview
5.2.9.2 Financial performance
5.2.9.3 Product benchmarking
5.2.10 TouchBistro
5.2.10.1 Company overview
5.2.10.2 Financial performance
5.2.10.3 Product benchmarking
5.2.10.4 Strategic outlook
5.2.11 Vectron Systems Pty Ltd
5.2.11.1 Company overview
5.2.11.2 Financial performance
5.2.11.3 Product Benchmarking
List of Tables
Table 1 List of Abbreviation
Table 2 South Africa Hospitality POS software market, 2017 - 2028 (USD Million)
Table 3 South Africa Hospitality POS software market, by product, 2017 - 2028 (USD Million)
Table 4 South Africa hospitality fixed POS terminal software market, 2017 - 2028 USD Million)
Table 5 South Africa hospitality mobile POS terminal software market, 2017 - 2028 )USD Million)
Table 6 New product launch
Table 7 Merger and Acquisition
List of Figures
Fig. 1 Methodology
Fig. 2 Primary research process
Fig. 3 Information analysis
Fig. 4 Data validation and publishing
Fig. 5 South Africa hospitality POS software market, 2017 - 2028 (USD Million)
Fig. 6 South Africa Hospitality POS software market, by product, 2017 - 2028 (USD Million)
Fig. 7 South Africa Hospitality POS software market: Penetration & growth prospect mapping
Fig. 8 South Africa Hospitality POS Software market driver analysis
Fig. 9 South Africa Hospitality POS Software market challenge analysis
Fig. 10 Number of tourists from overseas by month, 2017 - 2021
Fig. 11 South Africa Hospitality POS software market: Product segment
Fig. 12 Competitive insights: Key strategic deals and alliances dashboard analysis
Fig. 13 Key company ranking
Note: Product cover images may vary from those shown
  • Oracle Micros
  • NCR Corporation
  • Clover Network, Inc.
  • Postech Direct
  • Lightspeed
  • ThinnPro
  • Square, Inc.
  • Sapaad
  • inTouch Point of Sale
  • TouchBistro
  • Vectron Systems Pty Ltd
Note: Product cover images may vary from those shown

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