South Africa Hospitality Point Of Sale Software Market Growth & Trends
The South Africa hospitality point of sale software market size is expected to reach USD 200.4 million by 2030, registering a CAGR of 9.7% from 2025 to 2030. The adoption of modern payment methods and the need to manage orders, inventory, customers, employees, and accounting information are the factors driving the demand for POS software. Moreover, the growing hospitality industry in South Africa is providing an impetus to the rising demand for hospitality POS solutions. The other factor expected to drive the demand is the need for tracking and managing online food orders and delivery facilities to sustain and grow the business.South Africa's hospitality industry has upcoming opportunities and possibilities for growth. However, the COVID-19 pandemic is expected to halt the pace of growth as the third wave of COVID-19 is expected to hit the country, which may lead to a strict lockdown. The country faced severe impacts of the COVID-19 in 2020 when the government imposed restrictions including on restaurants and hotels. The lockdown in 2020 majorly affected the restaurant and hotel business as foreign and domestic tourism declined in South Africa. The adverse effect on the hospitality industry growth due to restrictions on international flights, opening of hotels and restaurants, and movement of people, subsequently led to a decline in the number of existing customers and new purchases of POS software subscriptions.
Consumers are resorting to online delivery and payment methods. The restaurants can operate their businesses by following government guidelines for food delivery. Furthermore, staycations became a trend in South Africa when the government relaxed the lockdown restrictions, which allowed the hotels to generate significant revenue when the tourism industry witnessed a decline in the country. These new trends in the hospitality industry have further helped the POS vendors to understand changing scenarios and offer a suitable solution. The POS vendors are expecting a boost in the demand for hospitality POS solutions post the COVID-19 pandemic as the consumers confined to their homes are yearning for travel and re-exploring restaurants for the dining experience. Thus, a boost in the hospitality business post the pandemic is expected to trigger the demand for POS solutions and contribute to the market growth over the forecast period.
South Africa Hospitality Point Of Sale Software Market Report Highlights
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This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
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- COVID-19's impact and how to sustain in these fast-evolving markets
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. South Africa Hospitality Point of Sale Software Market Variables, Trends & Scope
Chapter 4. South Africa Hospitality Point of Sale Software Market: Application Estimates & Trend Analysis
Chapter 5. South Africa Hospitality Point of Sale Software Market: Deployment Estimates & Trend Analysis
Chapter 6. South Africa Hospitality Point of Sale Software Market: Organization Size Estimates & Trend Analysis
Chapter 7. South Africa Hospitality Point of Sale Software Market: End Use Estimates & Trend Analysis
Chapter 8. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- Oracle
- NCR Voyix Corporation
- Clover Network, LLC
- POS Tech Direct
- Lightspeed
- ThinnPro
- Block, Inc.
- Sapaad Pte Ltd
- inTouch Point of Sale
- TouchBistro
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 45 |
Published | December 2024 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 114.5 million |
Forecasted Market Value ( USD | $ 200.4 million |
Compound Annual Growth Rate | 9.7% |
Regions Covered | South Africa |
No. of Companies Mentioned | 10 |