Delivered November 16, 2019. Contributor: Hellen O.
To obtain a list of POS companies and gain insights into the market size and CAGR for the POS systems market in the US and Canada.
An Ibis World report that estimated that the US Point of Sale Software Developers industry revenue would increase at an annualized rate of 16.9% to reach $2.3 billion.
On the other hand, Market Watch reports that the global Point of Sale(POS) System market was valued at $6.4 billion in 2018 and is expected to reach $15.3 billion by the end of 2024, growing at a CAGR of 15.7% between 2019 and 2024.
In 2017, the global point of sale software market was valued at $12.9 billion and was expected to reach $30.9 billion by 2024. Between 2018 and 2024, the market will grow at a CAGR of 13.3%.
According to Finance Online, some of the top POS software companies in the US include Toast POS (Massachusetts), Square (San Francisco), Poster POS, Miva Merchant (California), and Clover (California).
Based in Toronto, TouchBistro is “an iPad-based restaurant POS system for managing restaurant processes even without an internet connection
From the initial hour of research, we have established that both the US and Canada's market size for POS systems is not readily available and will most likely be triangulated. A lot of available information is globally-focused.
Due to time restrictions, we could not dig deeper to find the needed information. As such, the team will require extra hours to complete this project.
Please proceed to choose one or more of the proposed next steps in the scoping section below.
Only the project owner can select the next research path.