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Global Fuel and Convenience Store POS Market
Global fuel and convenience store pos market by component (services, solutions), by application (cash management, inventory management, operations management, reporting & analytics, others), by end user (fuel station, convenience stores), by region (North America, Asia Pacific, Europe, Rest of the World (ROW)), industry snapshot, 2022-2028
A POS system, or point-of-sale system, facilitates transactions in retail sales. POS system helps convenience store owners and gas stations reduce transaction times, increase sales, and manage inventory and pricing. The global fuel and convenience store pos market market is projected to rise by USD 1,218 million by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 19.7 percent during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the component, application, end user, and region. The global market data on fuel and convenience store pos can be segmented by component: services, solutions. According to the research, the services segment had the largest share in the global fuel and convenience store pos market. Fuel and convenience store pos market is further segmented by application: cash management, inventory management, operations management, reporting & analytics, others. In 2021, the operations management segment made up the largest share of revenue generated by the fuel and convenience store pos market. Based on end user, the fuel and convenience store pos market is segmented into: fuel station, convenience stores. On the basis of region, the fuel and convenience store pos market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).
The solution market is further segmented into cloud POS, mobile POS, traditional POS & fixed POS. Gen Consulting Company research indicates that the traditional POS & fixed POS segment occupied the largest share of this market in 2021 and is expected to draw the highest demand in coming years. Furthermore, the service market has been categorized into managed services, professional services. Globally, the managed services segment made up the largest share of the fuel and convenience store pos market.
The global fuel and convenience store pos market is highly competitive. The prominent players operating in the global fuel and convenience store pos market include Diebold Nixdorf Incorporated, Fujitsu Limited, LS Retail ehf., NCR Corporation, Panasonic Holdings Corporation, Toshiba Corporation, VeriFone Holdings Inc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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