About Convenience Store Management Software
The convenience store management software helps in making it easier to manage the convenience store by automating the management, it reduces the time, manages the inventory, prices, efficiency, accuracy of sales information, and also other staffing operations. The software reduces human errors and compliances as well that arise from price fluctuations.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AccuPOS (United States), CStore Pro (PDI Software) (United States), Scanning Solutions (United States), Paytronix Systems, Inc. (United States), VeriFone, Inc. (United States), Petrosoft LLC (United States) and eHopper (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Convenience Store Management Software market by , Application (Small-medium Enterprise and Large Enterprise) and Region.
On the basis of geography, the market of Convenience Store Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Pricing Option, the sub-segment i.e. Monthly Subscription will boost the Convenience Store Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Web-based will boost the Convenience Store Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Deli / Restaurant Management will boost the Convenience Store Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Convenience Store Management Software
Market Growth Drivers:
Demand for Automating the Process for Improved Accuracy of Inventory, Sales Data, and Pricing in Retail Outlets
Challenges:
Technical Errors and Connectivity Related Issues with Convenience Store Management Software
Restraints:
Hindrances Due to the Pandemic and Less Number of Convenience Stores at Some Regions of the World
Opportunities:
Increasing Spendings on Convenience Stores Around the Globe
On 20th May 2019, -PDI Software, a global company with leading enterprise software solutions serving the convenience retail, petroleum wholesale, and logistics industries, has acquired CStorePro Technologies Inc., a provider of simple, self-provisioning and cost-effective mobile software designed to give single-store operators centralized visibility into sales, pricing and promotional data with real-time dashboards. The CStorePro software powers over 2,500 locations, enabling owners to easily monitor and manage their pricebook and store operations from anywhere. Paired with PDI Marketing Cloud Solutions, this acquisition positions PDI to help operators run better and grow store profits.
Key Target Audience
Convenience Store Management Software Developers, Convenience Store Management Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.