Dublin, Jan. 16, 2025 (GLOBE NEWSWIRE) — The “UK Point of Sale Software Market Size, Share & Trends Analysis Report By Application, By Deployment, By Organization Size, By End-use, And Segment Forecasts, 2025 – 2030” report has been added to ResearchAndMarkets.com’s offering.
The UK point of sale software market size is estimated to reach USD 1.49 billion by 2030, registering to grow at a CAGR of 9.4% from 2025 to 2030.
The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry’s business, wherein retail stores, restaurants, and hotels witnessed a shutdown and revenue loss. Although the overall POS terminal market is witnessing a decline in demand, the need for POS software to continue running an online business and the adoption of mobile POS aggregated the POS software market growth in the UK.
The UK government realized the application of the POS systems and mentions them in its schemes. For instance, the “Point of Sale VAT Retail Scheme” in the UK requires retailers to apply appropriate VAT for calculating the tax on retail sales. The retailers use the EPOS system to help distinguish between goods sold at different rates of VAT. Moreover, government entities are adopting POS solutions to avoid payment processing challenges while handling varied compliance and accountability obligations. Streamlining public-sector payments to reduce the administrative burden is expected to continue to boost the sale of POS terminals and their solutions across the government sector. Additionally, encouragement from the government to adopt cashless payment has been instrumental in fueling the adoption of POS solutions across the retail, restaurant, hospitality, entertainment, and healthcare sectors.
Fast food restaurants have also created shopping apps that help consumers obtain product information, order, and pay using the application. The retailers use POS software at their end to facilitate the management of the online sale and transaction details. Burger King, KFC, Subway, Dominos, Pizza Hut, and McDonald’s are some fast-food chains that added payment functionality in their apps for greater convenience. Other merchants have adjusted their retail points to accept payment via mobile wallet apps such as PayPal, Google, Lemon, Geode, Square Wallet, Venmo, Chirpify, PayToo, and Ziddu. These payment methods have recently gained more traction owing to the need for using cashless payment and limit the spread of COVID-19. This advancement in POS payment applications is expected to augment the demand for POS software among end-users in the country.
UK Point of Sale Software Market Report: Highlights
- The fixed segment of the UK point of sale software industry dominated the market with a 54.9% share in 2024.
- The cloud segment held the largest market share in 2024. This dominance can be attributed to the growing preference of businesses for cloud solutions, as they offer scalability, remote access, and automatic updates.
- The large enterprise segment held the largest market revenue share in 2024. This dominance can be attributed to their preference for robust and secure POS solutions that offer advanced features, data management capabilities, and scalability to handle high transaction volumes.
- The retail segment held the largest market share in 2024. This dominance can be attributed to the growing adoption of digital payment methods and the need for efficient inventory management among retailers of all sizes, including supermarkets and specialty shops.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
Key Attributes
Report Attribute | Details |
No. of Pages | 60 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $871.4 Million |
Forecasted Market Value (USD) by 2030 | $1.49 Billion |
Compound Annual Growth Rate | 9.4% |
Regions Covered | United Kingdom |
Key Topics Covered
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. UK Point of Sale Software Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Industry Analysis Tools
3.3.1. Porter’s Analysis
3.3.2. PESTEL Analysis
Chapter 4. UK Point of Sale Software Market: Application Estimates & Trend Analysis
4.1. UK Hospitality Point of Sale Software Market, by Application: Key Takeaways
4.2. Application Movement Analysis & Market Share, 2024 & 2030
4.3. Market Estimates & Forecasts, by Application, 2018 – 2030 (USD Million)
4.3.1. Fixed
4.3.2. Mobile
Chapter 5. UK Point of Sale Software Market: Deployment Estimates & Trend Analysis
5.1. UK Hospitality Point of Sale Software Market, by Deployment: Key Takeaways
5.2. Application Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, by Deployment, 2018 – 2030 (USD Million)
5.3.1. Cloud
5.3.2. On-Premise
Chapter 6. UK Point of Sale Software Market: Organization Size Estimates & Trend Analysis
6.1. UK Hospitality Point of Sale Software Market, by Organization Size: Key Takeaways
6.2. Organization Size Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Organization Size, 2018 – 2030 (USD Million)
6.3.1. Large Enterprise
6.3.2. SME
Chapter 7. UK Point of Sale Software Market: End Use Estimates & Trend Analysis
7.1. UK Hospitality Point of Sale Software Market, by End Use: Key Takeaways
7.2. Application Movement Analysis & Market Share, 2024 & 2030
7.3. Market Estimates & Forecasts, by End Use, 2018 – 2030 (USD Million)
7.3.1. Restaurants
7.3.2. Hospitality
7.3.3. Healthcare
7.3.4. Retail
7.3.5. Warehouse
7.3.6. Entertainment
7.3.7. Others
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Company Market Positioning
8.3. Company Heat Map Analysis
8.4. Company Profiles/Listing
8.4.1. Lightspeed
8.4.2. Block Inc.
8.4.3. PayPal Inc.
8.4.4. TouchBistro
8.4.5. Oracle
8.4.6. NCR Voyix Corporation
8.4.7. Clover Network, LLC
8.4.8. Shopify Inc.
8.4.9. Revel Systems
8.4.10. Aiko Company
For more information about this report visit https://www.researchandmarkets.com/r/lzgc2m
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- U.K. Point Of Sale Software Market