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UK Point of Sale (POS) Software Market to Reach $1.49 Billion by 2030 - Analysis of the Market and Competition Featuring Leading Players Lightspeed, Block, PayPal, TouchBistro, Oracle & More

1. UK POS software market growing due to increased cashless payment adoption. 2. Fixed segment dominated market with 54.9% share in 2024. 3. Cloud-based solutions preferred for scalability and remote access. 4. Large enterprises lead in revenue share due to advanced feature requirements. 5. Retail segment shows strong growth driven by digital payment methods.

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Why Bullish?

The growth in POS software aligns with PYPL's business model. Historical examples show increased adoption of digital payment methods correlating with rising stock prices.

How important is it?

Market dynamics in POS software are crucial to PYPL's performance. The article highlights market growth directly affecting payment solutions offered by PYPL.

Why Long Term?

Ongoing trends in digital payments may sustain demand for PYPL services. Similar past instances have shown long-term benefits from increased payment processing demands.

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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-makingMarket estimates and forecasts from 2018 to 2030Growth opportunities and trend analysesSegment and regional revenue forecasts for market assessmentCompetition strategy and market share analysisProduct innovation listing for you to stay ahead of the curve Key Attributes Report AttributeDetailsNo. of Pages60Forecast Period2024-2030Estimated Market Value (USD) in 2024$871.4 MillionForecasted Market Value (USD) by 2030$1.49 BillionCompound Annual Growth Rate9.4%Regions CoveredUnited Kingdom Key Topics CoveredChapter 1. Methodology and ScopeChapter 2. Executive Summary 2.1. Market Snapshot2.2. Segment Snapshot2.3. Competitive Landscape SnapshotChapter 3. UK Point of Sale Software Market Variables, Trends & Scope 3.1. Market Lineage Outlook3.2. Market Dynamics3.2.1. Market Driver Analysis3.2.2. Market Restraint Analysis3.2.3. Industry Challenge3.3. Industry Analysis Tools3.3.1. Porter's Analysis3.3.2. PESTEL Analysis Chapter 4. UK Point of Sale Software Market: Application Estimates & Trend Analysis4.1. UK Hospitality Point of Sale Software Market, by Application: Key Takeaways4.2. Application Movement Analysis & Market Share, 2024 & 20304.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)4.3.1. Fixed4.3.2. Mobile Chapter 5. UK Point of Sale Software Market: Deployment Estimates & Trend Analysis5.1. UK Hospitality Point of Sale Software Market, by Deployment: Key Takeaways5.2. Application Movement Analysis & Market Share, 2024 & 20305.3. Market Estimates & Forecasts, by Deployment, 2018 - 2030 (USD Million)5.3.1. Cloud5.3.2. On-Premise Chapter 6. UK Point of Sale Software Market: Organization Size Estimates & Trend Analysis6.1. UK Hospitality Point of Sale Software Market, by Organization Size: Key Takeaways6.2. Organization Size Movement Analysis & Market Share, 2024 & 20306.3. Market Estimates & Forecasts, by Organization Size, 2018 - 2030 (USD Million)6.3.1. Large Enterprise6.3.2. SME Chapter 7. UK Point of Sale Software Market: End Use Estimates & Trend Analysis7.1. UK Hospitality Point of Sale Software Market, by End Use: Key Takeaways7.2. Application Movement Analysis & Market Share, 2024 & 20307.3. Market Estimates & Forecasts, by End Use, 2018 - 2030 (USD Million)7.3.1. Restaurants7.3.2. Hospitality7.3.3. Healthcare7.3.4. Retail7.3.5. Warehouse7.3.6. Entertainment7.3.7. Others Chapter 8. Competitive Landscape8.1. Company Categorization8.2. Company Market Positioning8.3. Company Heat Map Analysis8.4. Company Profiles/Listing8.4.1. Lightspeed8.4.2. Block Inc.8.4.3. PayPal Inc.8.4.4. TouchBistro8.4.5. Oracle8.4.6. NCR Voyix Corporation8.4.7. Clover Network, LLC8.4.8. Shopify Inc.8.4.9. Revel Systems8.4.10. Aiko Company For more information about this report visit https://www.researchandmarkets.com/r/lzgc2m About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. U.K. Point Of Sale Software Market U.K. Point Of Sale Software Market U.K. Point Of Sale Software Market

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