Tuesday, February 8, 2011

Global Point of Sale (POS) Software Market 2009-2013


Global Point of Sale (POS) Software Market 2009-2013

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Point of Sale (POS) software is a computer based application that enables organizations to transact with customers at the time when the customer is purchasing the organizations’ product or service.
This software is particular popular with organizations dealing in wholesale businesses. This is because such organizations are required to get the right product in the right place when the customer demands it – all in a high volume, time pressured environment. In addition, such organizations need to take advantage of the demand-driven trend to build better forecasts, improve warehouse efficiency, and remain a preferred route to market for suppliers and customers. Also, these organizations are increasingly adopting POS software for loss prevention, global data synchronization, and customer loyalty management.
A large number of banks and financial services organizations are also showing interest for POS at their retail outlets. The implementation of POS software allows these organizations to improve the usage of debit cards and generate higher fee income for the bank.

Global Point of Sale (POS) Software Market 2009-2013

The report by TechNavio Insights forecasts the size of the Global Point of Sale (POS) Software market over the period 2009-2013. Further, it discusses the key market trends, drivers and challenges of Global Point of Sale (POS) Software market, and profiles some of the key vendors of this market.

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