South Africa Hospitality Point Of Sale Software Market is expected to grow at a CAGR of 5.7% from 2021 to 2028
South Africa Hospitality Point Of Sale Software Industry Overview The South African hospitality point of sale software market size was valued at USD 71.0 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028. The growing demand for POS solutions integrated within restaurant/hotel management systems for streamlining operations is expected to drive market growth. POS solutions allow POS devices to perform multiple tasks, from financial tracking to back-of-the-house ordering. It also helps restaurants with loyalty programs and sales tracking, inventory monitoring, along with managing crucial customer data simultaneously, which is triggering the market growth. Although the POS solutions offer multiple advantages, the decline in South Africa's hospitality industry business due to the COVID-19 pandemic negatively impacted the demand for hospitality POS software in 2020. The market was expected to witness growth in 2021. However...