Global POS Market in Hospitality Industry
2009-2013
Global POS Market in Hospitality Industry
Table of Contents
1. Introduction.......................................................................................................................3
2. Market Size and Forecast.................................................................................................4
3. Geographic Segmentation.................................................................................................5
3.1.Market Size in Americas.......................................................................................................6
3.2.Market Size in EMEA...........................................................................................................7
3.3.Market Size in APAC............................................................................................................8
4. Market Trends for POS Market in Hospitality Industry.................................................9
5. Market Drivers for POS Market in Hospitality Industry...............................................12
6. Market Challenges for POS Market in Hospitality Industry.........................................14
7. Vendors............................................................................................................................16
8. Related Reports in this Series........................................................................................28
List of Exhibits
Exhibit 2.1: Global POS Market in the Hospitality Industry - Market Size and Forecast
2009-2013 (In $million).......................................................................................................4
Exhibit 3.1: Global POS Market in Hospitality Industry - Market Size 2009....................5
Exhibit 3.2: POS market in Hospitality Industry Market Size in Americas - 2009-2013
(In $million)..........................................................................................................................6
Exhibit 3.3: POS Market in Hospitality Industry Market Size in EMEA - 2009-2013 (In
$million)................................................................................................................................7
Exhibit 3.4: POS market in Hospitality Industry Market Size in APAC - 2009-2013 (In
$million)................................................................................................................................8
TechNavio Insights – Book your Analyst Hour
To become a member of TechNavioTM and enjoy the many benefits of its membership, which include
one free hour of an analyst’s time for your queries on this report, please visit:
http://www.technavio.com/user/register
2
Global POS Market in Hospitality Industry
1. Introduction
A point-of-sale (POS) hardware is a computerized replacement for a cash register. The POS
system has the ability to record and track customer orders, process credit and debit cards,
connect to other systems in a network, and manage inventory.
Point of Sale (POS) is the location where a transaction occurs. POS systems are used by a
salesperson with an accessible interface, to manage transactions during a selling process.
Further, they allow the creation and printing of vouchers.
Hospitality is the act or practice of reception and entertainment of guests with kind and
generous liberality. It is a relationship between a guest and a host. The hospitality industry
includes hotels, restaurants, casinos, catering, resorts, membership clubs, conventions,
attractions, special events, and other services for travelers and tourists.
Point of Sale (POS) systems, in the Hospitality industry, provide the industry personnel the
ability to improve customer service time; inventory management; table turnovers; and
most importantly, induce customer satisfaction. Further, they help in keeping the track of
sales, labor and payroll, and generating records used in accounting and book keeping.
POS systems have revolutionized the Hospitality industry. The deployment of these systems
have decreased service times and increased efficiency of the orders. As a result, the
hospitality industry is able to provide better and efficient services to their guests. Further,
these systems help the hosts differentiate themselves from their competition; thereby
increasing their market share and improving their revenues. Moreover, these systems help
the industry in managing compliance & regulations, as well as employing eco-friendly
initiatives into their business practices.
This report highlights the scope of the Global POS market in the Hospitality Industry that
includes POS software and hardware, along with future forecasts, trends drivers, and
challenges.
3
Global POS Market in Hospitality Industry
2. Market Size and Forecast
According to TechNavio, the Global POS market in the Hospital