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POS Software Market Press Release

The global restaurant point-of-sale (POS) terminals market is estimated to garner a revenue of ~ USD 45 billion by the end of 2033 by growing at a CAGR of ~11% over the forecast period, i.e., 2023 u2013 2033.

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POS Software Market Press Release

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  1. Global POS Software Market to be Propelled by Consumer Preference for Cashless Payment, and the Remarkable Growth of E-Commerce in Food DeliveryandRetailby CAGR of~11%During2023–2033 Kenneth Research published a report titled “POS Software Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global POSsoftwaremarketintermsofmarketsegmentationbyapplication,deploymentmode, organizationsize, end-user,andbyregion. Further, forthe in-depthanalysis,thereportencompassesthe industrygrowth indicators,restraints,supplyanddemandrisk,alongwithdetaileddiscussiononcurrent andfuturemarkettrendsthatareassociatedwith thegrowthofthe market. The global POS software market is expected to hold a revenue of ~ USD 14 billion by 2033,growingfrom~USD5billionin2022.Themarketgrowthcanbeattributedtothe largeconsumerpreferenceforcashlesspayment,thesteadygrowthofe-commercein

  2. fooddelivery andretailtheCOVID-19restrictions,the growingadoptionofcloud computingandautomationbybusinesses, andtheexpansiveinternet penetration. Formoreinformations@https://www.kennethresearch.com/report-details/pos- software-market/10151333 The global POS software market is expected to grow at a CAGR of approximately ~11% from 2023-2033. The market is segmented by deployment mode into cloud and on- premise. Between these, the cloud segment is anticipated to hold the largest market shareby theendof2033,owingtothewideadoptionofcloud-basedPOSamongseveral industries for theflexibilityit offers. The global POS software market is divided into five major regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific is projected to hold the largest market share by the end of 2033, backed by the growth of cloudcomputing, e-commerce, anddigitization inthe region. The research is global in nature and covers detailed analysis on the market in North America(U.S.,Canada),Europe(U.K., Germany,France,Italy,Spain,Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest ofLatinAmerica),Asia-Pacific(China,India,Japan,SouthKorea,Indonesia,Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth &opportunityanalysis,marketplayers’competitivestudy, investment opportunities,demandforfutureoutlooketc.hasalsobeencoveredanddisplayedinthe researchreport. Effective UseofE-CommerceinRetail andFood DeliverytoBoostthe MarketGrowth

  3. Itisestimatedthatin2020,about19%ofglobalretailsalesweree-commercesales.Itisestimatedthatin2020,about19%ofglobalretailsalesweree-commercesales. Commented [R1]: https://www.drip.com/blog/e- commerce- statistics#:~:text=In%202020%2C%20e%2Dcommerce%20sa les,of%20all%20retail%20sales%20worldwide.&text=Notice %20the%20big%20jump%20from,and%2021.8%20percent% 20in%202024. Merchants using e-commerce by incorporating point-of-sale (POS) software should also be able to use the compatible hardware for their offline stores. The restrictions brought aboutbythe pandemicarethought topropelsteadyandremarkablegrowthofe- commerceworldwide. However,limited movementgloballyandthe declineinthe saleof non-essential products, the concerns about data security, and the decline in consumer spending are expected to operate as key restraints to the growth of the global POS software market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global POS software market which includes company profiling of Clover Network, Inc.,Lightspeed Commerce Inc.,Oracle, Toast, Inc., NCR Payment Solutions, LLC, Agilysys,Inc., DieboldNixdorf,Incorporated.,INGENICOGroupS.A.,Intuit Inc., ParTech, Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global POS software market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expectedtrends inthe future. RequestSampleReport@https://www.kennethresearch.com/sample-request- 10151333 KennethResearchisaleadingserviceprovider forstrategic marketresearch and consulting.We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoidfuture uncertainties.

  4. ContactformoreInfo: AJDaniel Email:sales@kennethresearch.com U.S.Phone:+13134620609

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