The global market for salon point of sale (POS) software is projected to nearly double, reaching $1.54 billion by 2029. This expansion, driven by a 14.8% compound annual growth rate (CAGR) from 2024 to 2025, reflects a clear shift towards digital payment methods and integrated business management tools within the beauty and personal care sector.
Businesses that embrace cloud-based systems and offer integrated payment solutions will likely see improved efficiency. The UK's 18.3 billion contactless payments in 2023, reported by UK Finance Limited, highlights consumer readiness for cashless transactions. Innovations like EPOS Now's March 2025 offline payment feature address connectivity issues, ensuring service continuity even without internet access.
The sector's consolidation, seen in Vagaro Inc.'s January 2025 acquisition of Schedulicity Inc., suggests a move towards comprehensive software suites. Key players like Lightspeed Commerce, Mindbody, Zenoti, and Fresha are shaping a competitive environment. While North America currently leads, Asia-Pacific is emerging as the fastest-growing region.
However, salon owners must also account for external economic factors. Global trade tensions and tariffs can impact software costs and availability. This necessitates adaptable supply chain strategies and data-driven forecasting to maintain profitability. The increasing reliance on technology for booking, payments, and client management offers significant opportunities, but requires careful consideration of these evolving market dynamics and potential disruptions.
