Global Sporting Goods POS Software Market Size To Exceed USD 205.7 Billion By 2033               

According to a research report published by Spherical Insights & Consulting, the Global Sporting Goods POS Software Market Size is Expected to Grow from USD 105.8 Billion in 2023 to USD 205.7 Billion by 2033, at a CAGR of 6.87% during the forecast period 2023-2033.

Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the Global Sporting Goods POS Software Market Size, Share, and COVID-19 Impact Analysis, By Type (Cloud-based and On-premises), By Application (Small and Medium Enterprises (SMEs), Large Enterprises), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

The athletic merchandise in the worldwide market for point-of-sale (POS) software used in sporting goods stores has been referred to as the POS software market. A digital tool identified as point-of-sale (POS) software assists companies in managing sales transactions. The market for point of sale (POS) software for sporting goods is a part of the wider retail technology market which concentrates on specialized software solutions made specifically for companies operating in the sports goods industry. Sporting goods stores may evaluate sales, manage inventory, interact with customers, and execute other retail tasks more successfully and efficiently with the help of these software systems. Furthermore, payment processing systems need to be able to handle large transaction volumes with very little mistake or interference. Customers want payment methods that are safe, up-to-date with regulations, and faster and more dependable. However, companies have to allocate funds to creating a comprehensive software architecture and focusing on the expenses associated with program collaboration with other systems.

The cloud-based segment accounted for the greatest share in 2023 and is estimated to grow at a CAGR of 6.5% during the forecast period.

Based on the type, the global sporting goods POS software market is divided into cloud-based, and on-premises. Among these, the cloud-based segment accounted for the greatest share in 2023 and is estimated to grow at a CAGR of 6.5% during the forecast period. Being able to remotely manage sporting goods business operations, access real-time stock and transaction data, and monitor shop performance allows cloud-based retailers flexibility and convenience. It is a useful and reasonably priced method of managing inventory, sales, and relations with clients. 

The large enterprises segment dominated the greatest share in 2023 and is anticipated to grow at a CAGR of 6.1% during the projected period. 

Based on the application, the global sporting goods POS software market is divided into small and medium enterprises (SMEs), and large enterprises. Among these, the large enterprises segment dominated the greatest share in 2023 and is anticipated to grow at a CAGR of 6.1% during the projected period. Centralized management is essential to large businesses that may have multiple store locations. Cloud-based point-of-sale software allows these companies to administer all of their locations from a single platform. Making it possible to track sales, inventory, and worker performance across all sites, encourages better management and decision-making. 

North America is estimated to hold the highest share of the global sporting goods POS software market over the predicted timeframe. 

North America is estimated to hold the highest share of the global sporting goods POS software market over the predicted timeframe. A need for digital solutions that handle sales, customer data, and inventory has pushed the sporting goods point-of-sale software market in North America. Another factor propelling the market in this area is the need for businesses to reduce costs and simplify procedures.

Asia-Pacific is estimated to grow at the fastest pace in the global sporting goods POS software market during the forecast period. In addition to the region's high youth population's increasing involvement in sports and fitness activities, there is a demand for sporting goods as well as associated software. The increasing number of new markets in the area is contributing to the ongoing development of the sporting goods point-of-sale software market.

Major vendors in the global sporting goods POS software market are Dick’s Sporting Goods, Cegid, Cin7, GoFrugal, iVend Retail, NetSuite, Lightspeed, Tri-Tech, Skulocity, pcAmerica, GiftLogic, Agiliron, NOVA POS, Microsoft Corp, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development 

• In December 2024, the new Smart Store Series, which includes the Cantaloupe Smart Store 600 and 700 models, is being developed by Cantaloupe, Inc. (Nasdaq: CTLP), a world-renowned supplier of end-to-end technological solutions for self-service commerce. These cutting-edge self-service retail solutions are intended to revolutionize how food and beverage vendors and larger retailers confront major issues like shrinkage, theft, and labor shortages while preserving a smooth and comfortable customer experience.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global sporting goods POS software market based on the below-mentioned segments: 

Global Sporting Goods POS Software Market, By Type

• Cloud-based
• On-premises

Global Sporting Goods POS Software Market, By Application

• Small and Medium Enterprises (SMEs)
• Large Enterprises

Global Sporting Goods POS Software Market, By Regional

• North America 
• US
• Canada
• Mexico
• Europe 
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific 
• China
• Japan
• India
• South Korea
• Australia
• Rest of Asia Pacific
• South America 
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa 
• UAE
• Saudi Arabia
• Qatar
• South Africa
• Rest of the Middle East & Africa