GK Confirms Leading Position in New POS Installations in the Retail Sector and achieves the top position worldwide for new POS software installations in food retailing

 

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November 2024
RBR Data Service Report Global POS Software 2024

GK is 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, and has done so for the sixth year in a row. 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 through its South African customer Shoprite.

GK's results show that both new customer business and the expansion of systems for existing customers are progressing optimally and projects are being completed 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.

 

 

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