14.11.2024 | Schöneck, Germany
3 min read

GK Confirms Leading Position in New POS Installations in the Retail Sector

  • GK achieves the largest position worldwide for new POS software installations in grocery
  • GK is the second largest supplier of new POS installations across industries and worldwide

According to the recently published Global POS Software 2024 study by strategic research and consulting firm RBR Data Services, a division of Datos Insights, GK is the second largest provider of new POS software worldwide in the study period July 2023 to June 2024 and measured by all new installations in eight industries analyzed. GK delivers 8% of new installations in the global retail market. In terms of new POS software installations in the food retail sector, GK takes first place with 15% of installations worldwide. The firm analyzed the installation figures of more than 140 POS software providers in 48 countries. Only projects with more than 1,000 POS systems were taken into account.

GK's core markets are primarily Europe, where the company is the second-largest provider, accounting for 19% of all new POS software installations in the region, as well as the USA, where GK implemented a similar share in the food retail sector. However, strong growth in the Middle East and Africa region also contributed to GK's good performance. Here, GK achieved 50% of new installations, particularly with its South African customer Shoprite.

GK results show that roll-out with new customers as well as growth and expansion with existing customers is progressing well and projects are being implemented quickly. Michael Scheibner, CEO of GK Software: “In 2024, GK was able to roll out a large number of POS projects worldwide, e.g., with new customers, and grow in existing customer projects, thus further expanding its strong market position. I see our extensive customer pipeline for 2025 as an indicator of further sustainable growth.”

About RBR Data Service

RBR Data Services provides clients with independent and reliable data and insights through published research, consulting and bespoke data services. Its global research is used by the leading market participants in the cards and payments, retail technology and banking automation sectors.