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Trend report on POS (Point of Sale) systems in the hospitality industry


Trend report on POS (Point of Sale) systems in the hospitality industry

Trend report on POS (Point of Sale) systems in the hospitality industry

Market for POS (Point of Sale) systems in the hospitality industry

The latest market intelligence report published by WMR titled “Global Hospitality POS (Point of Sale) Systems Market 2024, Growth Opportunities, and Forecast” offers actionable insights on the manufacturing and construction industry. The report offers demand analysis, industry insights, competitive intelligence, and a customer database.

The research report on the Hospitality Point of Sale (POS) System Market presents a comprehensive assessment of the market through strategic insights into future trends, growth factors, vendor landscape, demand landscape, annual growth rate, CAGR, and price analysis. It also offers many business matrices including Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.

Do you think this report might be of interest to you? If so, request a sample copy of this report: https://www.worldwidemarketreports.com/sample/1021440

*Note: The sample report contains details about the scope and extent, table of contents, research methodology and sample framework of the report. The current report with over 150 points is available for purchase to all interested stakeholders.

Key trends:

Integrated payments:

= More and more hotels are offering integrated payment processing to simplify checkout and increase revenue. Our research found that platforms like Oracle, Mews and Lightspeed saw a 15% increase in bookings after introducing this feature.

Mobile-first designs:

= Customers today expect mobile options for reservations, check-in/check-out and dining. Leading POS providers like Agilysys and Infor are investing in optimized mobile apps and tablets to improve the guest experience.

Artificial intelligence:

= AI can personalize promotions, detect anomalies, and predict demand. Early adopters like Maestro and Preno report 5-10% increase in RevPAR by using AI for upselling and dynamic pricing.

Subscription models:

= All-in-one subscription POS packages from Cloudbeds and Kloudhotels are growing in popularity due to their low upfront costs and automatic updates. Over half of new installations now use this flexible pricing structure.

API integrations:

= Opening APIs allows for deeper third-party integrations for services like loyalty programs, housekeeping and F&B inventory. PMS giants like HotelTime Solutions and Protel are leading this API-first approach.

Want to access more insights? The journey begins by requesting a sample: https://www.worldwidemarketreports.com/sample/1021440

*Note: The sample report contains details about the scope and extent, table of contents, research methodology and sample framework of the report. The current report with over 150 points is available for purchase to all interested stakeholders.

Detailed Segmentation and Classification of the Report (Market Size and Forecast – 2031, YoY Growth Rate and CAGR):

• By type:

Cloud-based
On site

• After application:

Chain hotel
Independent hotel
Miscellaneous

• By regions and countries

o North America
o Europe
o Asia-Pacific
o South America
o Middle East and Africa

Below are the players analyzed in the report:

oracle
stables
Speed ​​of light
Agilysys
Inform
maestro
Preno
Cloud beds
Cloud Hotels
Djubo
HotelTime Solutions
Protel
Clock software
NCR Voyix
toast
Hotelogix
Talech
square
eZee Optimus
SwiftPOS
Squirrel systems
Impressive

Get access to the latest edition of this market study (with more than 150 pages) with a discount coupon – up to 70% off: https://www.worldwidemarketreports.com/promobuy/1021440

Detailed analysis:

The report offers comprehensive qualitative and quantitative analysis of the Hospitality Point of Sale (POS) Systems market for all regions and countries listed below:

» North America (USA, Canada and Mexico)
» Europe (Germany, France, Italy, Great Britain, SCANDIVAN, Benelux, Russia and rest of Europe)
» Asia-Pacific (Japan, South Korea, India, China, Southeast Asia and Australia)
» South America (Brazil, Argentina and rest of South America)
» Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, South Africa and rest of Middle East and Africa)
» Each country is covered in detail and the report offers qualitative and quantitative analysis of the Hospitality Point of Sale (POS) Systems market in each country.

The research provides answers to the following key questions:

➼ What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
➼ What are the key driving forces that will determine the fate of the Hospitality Point of Sale (POS) Systems market during the forecast period?
➼ Who are the key vendors in the market and what success strategies have helped them establish themselves firmly in the POS (Point of Sale) systems market for the hospitality industry?
➼ What are the key market trends influencing the development of the Hospitality Point of Sale (POS) Systems market in different regions?
➼ What are the major threats and challenges that could hinder the growth of the Hospitality Point of Sale (POS) Systems market?
➼ What major opportunities can market leaders build on to be successful and profitable?

Does the report provide key insights that could help you make decisions on important strategic issues?

A regional report analysis that highlights the consumption of products/services in a region also shows the factors influencing the market in each region.

➤ Reports provide information on opportunities and threats for suppliers in the global POS systems and pipes (Point of Sale) for the hospitality industry.
➤ The report shows regions and sectors with the fastest growth potential.
➤ A competitive environment that includes market rankings of major companies as well as new product launches, partnerships, business expansions and acquisitions.
➤ The report offers a comprehensive company profile consisting of company overviews, company insights, product benchmarks and SWOT analysis for key market players.
➤ This report offers the current and future market outlook of the industry with respect to recent development, growth opportunities, drivers, challenges and two regional restraints encountered in advanced regions.

Author of this marketing PR:

Alice Mutum is a seasoned PR writer, drawing on her extensive experience from her previous stint as a content writer. With seven years of experience in content development, Alice masterfully leverages SEO best practices and cutting-edge digital marketing strategies to create high-level, impactful content. As a writer, she carefully ensures impeccable grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in each research report. Alice’s drive for excellence and strategic approach to content make her an invaluable asset in the world of market insights.

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Worldwide market reports,
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About WMR:

Worldwide Market Reports is a global business intelligence company that offers market, database and competitive analysis reports. We offer reports on various industry verticals and a comprehensive list of sub-verticals through the diverse expertise of our consultants with more than 15 years of experience in each industry vertical. With more than 300 analysts and consultants on board, the company offers detailed market analysis and helps clients make critical decisions that impact their revenues and growth plan.

This press release was published on openPR.

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