Technology

POS market to rise 7.4% by 2029

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September 16, 2022

The restaurant POS software market was valued at $15.3 million in 2021 and is expected to reach $26.94 million by 2029, registering a CAGR of 7.4% during 2022-2029, according to a study by Data Bridge Market research.

The POS market is affected by the rising level of competition and the increasing trend of digitalization.

The report listed the following as leading the industry:

• Infor. (U.S.).
• Toshiba Tec Corporation (Japan).
• NCR Corporation (U.S.).
• Toast Inc. (U.S.).
• SpotOn Transact, LLC (U.S.).
• Clover Network, Inc. (U.S.).
• Epos Now (U.K.).
• eZee BurrP! (India).
• Future POS. (U.S.).
• Global Retail Technology Limited. (U.K.).
• Guest Innovations, Inc. (U.S.).
• Kitchen CUT Limited (U.K.).
• LAVU, Inc. (U.S.).
• Lightspeed Management Company, L.L.C. (U.S.).
• LimeTray. (India).
• Loyverse (U.S.).
• Mad Mobile. (U.S.).
• Oracle (U.S.)
• PAR Tech (U.S.).
• POSitouch (U.S.).