Point-of-Sale Software Market 2007-2010

Control over operations, increasing efficiency, productivity gains, increasing the productivity of serving staff, fine-tuning of business model and return on investment are primary drivers of POS software. Importance of detailed reports that can help companies to make more informed business decisions, increasing inventory shrinkage, theft, wastage and employee misuse are driving sales of POS software in retail and hospitality sectors.

Availability of wireless POS systems, average life completion of many installed terminals, along with new software requirement for efficient utilization of old POS systems are also offering potential sales opportunity for POS software.

The report forecasts the market size of POS software over the period 2007-2010. Further, the total market is segmented into various geographic regions and verticals. The report also presents markets size for major countries in various regions. In addition, the report identifies major selling drivers for the POS software for the major verticals.

This report can help IT vendors identify target geographies and verticals. Further, the identified sales drivers can be used to penetrate the identified vertical or increase current share of the customer's wallet.

TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.