Cloud Point of Sale (POS) Market 2019-2024: Key Findings, Trends, Regional Study, Top Key Players Profiles and Future Prospects

Global Cloud Point of Sale (POS) Market valued USD 1,046.0 million in 2017 and is expected to register a CAGR of 21.4% during the forecast period to reach USD 4,226.3 million by 2024.

Pune, India - May 16, 2019 /MarketersMedia/ —

Cloud Point of Sale Market Synopsis:
Digital transformation has made a significant impact on the commercial sector, particularly in retail and e-commerce. Additionally, digital transactions, especially through card payments, are increasing rapidly across verticals. The organizations are investing heavily for maintaining the traditional systems for a seamless transaction process. This eventually increases the capital and operational expenditures. However, advancements in cloud computing technology have reduced the need for legacy systems that includes on-site servers, hardware, and high licensing and subscription fees. Therefore, the cloud-based point of sale (POS) offers greater flexibility in maintaining central remote servers to maintain data and applications.

Cloud Point of Sale (POS) Market are web-based POS systems where the transactional information are transmitted through remote cloud services. The end users of the cloud POS avail this solution through subscription-basis instead of paying for the software.

The cloud-based POS systems can be easily installed on mobile devices and data can be accessed at any time from any Internet-connected computer or mobile device. It operates on client-side hardware, and with the help of a remote server the information can be processed and integrated with multiple sales channels.

An increase in adoption of efficient management of POS terminals across multiple locations, growing demand for e-commerce transactions in the retail and consumer goods sectors are some of the major factors that are expected to drive the growth lof the cloud POS market during the forecast period. However, the lack of infrastructure, and high dependence on legacy systems are likely to hinder the growth of the cloud POS market during the assessment period.

The global cloud POS market valued USD 1,046.0 million in 2017 and is expected to register a CAGR of 21.4% during the forecast period to reach USD 4,226.3 million by 2024.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7709

Major Key Players:
• Square Inc (US)
• Celerant Technology (US)
• TouchSuite (US)
• Clover (US)
• Revel systems (US)
• ERPLY (US)
• Cegid (France)
• PAR Technology (US)
• Shopify (Canada)
• UTC RETAIL (US)
• ShopKeep (US)
• B2B Soft (US)
• Intuit Inc (US)
• Lightspeed (Canada)
• Oracle Corporation (US)
• SalonTarget (US)
• RetailOps (US)
• Omnico Group (UK)
• Diaspark (US)
• Teamwork Retail (US)
• Jesta I.S. (Retail Process Engineering, LLC) (Canada)
• One Step Retail Solutions (US)
• Phorest (Ireland)

Regional Analysis:
Geographically, the global cloud POS market has been segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. North America accounted for the largest market in 2018 and the US is the leading country with respect to the deployment of POS solutions. Moreover, Asia-Pacific is expected to be the fastest-growing cloud POS market over the next few years.

The government initiatives to boost the retail and e-commerce sector and rapid investments from domestic vendors to develop the cloud-based infrastructure are factors expected to propel the market growth during the forecast period.

Segmentation:
The global cloud POS market has been segmented based on component, organization size, and end user.
• By component, the global cloud POS market has been divided into solutions and services. The services segment has been subdivided into implementing and integration services, consulting services, and support and training services.
• Based on organization size, the global cloud POS market has been categorized as small and medium-sized enterprises (SMEs) and large enterprises.
• On the basis of end user, the global cloud POS market has been divided into transport and logistics, healthcare, retail and e-commerce, travel and hospitality, and others.

Access PR Details @ https://www.marketresearchfuture.com/press-release/cloud-pos-market

Competitive Analysis:
The vendors operating in the cloud POS are majorly from the US and Europe. The market players are adopting a partnership program with IT giants such as IBM Corporation, HP Inc., and Lenovo to expand its cloud POS solution that can be compatible with various operating platforms such as mobile, tablets, and desktop.

The vendors operating in the market are operating in the different regions through partnerships, value-added resellers, and system integrators to enter the untapped markets in Asia-Pacific.

Intended Audience:
• Cloud POS solutions providers
• Systems integrators
• Cloud services providers
• Government organizations
• Retail Vendors
• Local/Government Agencies
• Cloud Service Providers
• IT Providers
• Value-added Resellers
• Cloud Infrastructure Agencies
• Research Firms
• Software Vendors

Table of Contents
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Cloud POS Market, By Component
1.1.2 Global Cloud POS Market, By Organization Size
1.1.3 Global Cloud POS Market, By End User
1.1.4 Cloud POS Market, By Region
Continued…

Access Report Details @ https://www.marketresearchfuture.com/reports/cloud-pos-market-7709

List of Tables
Table 1 Global Cloud POS Market, By Region, 2019–2024
Table 2 North America: Cloud POS Market, By Country, 2019–2024
Table 3 Europe: Cloud POS Market, By Country, 2019–2024
Continued…

List of Figures
Figure 1 Global Cloud POS Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of The Global Cloud POS Market
Continued…

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 524/528,, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/cloud-pos-market-7709

Source URL: https://marketersmedia.com/cloud-point-of-sale-pos-market-2019-2024-key-findings-trends-regional-study-top-key-players-profiles-and-future-prospects/513563

Source: MarketersMedia

Release ID: 513563

More News From Technology - Morning Dispatcher

Iran's president says 'talks are useless' in dealing with US

Aug 23, 2019

TEHRAN, Iran — Iran's president struck a muscular tone on dealings with the U.S., saying Thursday that "talks are useless" as Tehran's nuclear deal with world powers crumbles further. President Hassan Rouhani made the comment in a speech in Tehran during the unveiling of the Bavar-373, a long-range surface-to-air missile system that he described as an improvement to the Russian S-300. "Now that our enemies do not accept logic, we cannot respond with logic," Rouhani said in the televised speech. He added: "When the enemy launches a missile against us, we cannot give a speech and say: 'Mr. Rocket, please...

Indian spacecraft launched last month is now orbiting moon

Aug 23, 2019

NEW DELHI — An unmanned spacecraft India launched last month began orbiting the moon Tuesday as it approaches the lunar south pole to study previously discovered water deposits. The Indian Space Research Organization said it successfully maneuvered Chandrayaan-2, the Sanskrit word for "moon craft," into lunar orbit, nearly a month after it left Earth. The mission is led by two female scientists. Chandrayaan will continue circling the moon in a tighter orbit until reaching a distance of about 100 kilometers (62 miles) from the moon's surface. The lander will then separate from the orbiter and use rocket fuel to brake...

Bitcoin craze hits Iran as US sanctions squeeze weak economy

Aug 23, 2019

TEHRAN, Iran — Iranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic's ailing economy are increasingly turning to such digital currencies as Bitcoin to make money. This has prompted alarm in and out of the country. In Iran, some government officials worry that the energy-hungry process of "mining" Bitcoin is abusing Iran's system of subsidized electricity. In the United States, some observers have warned that cryptocurrencies could be used to bypass the Trump administration's sanctions targeting Iran over its unraveling nuclear deal with world powers. The Bitcoin craze has made the front pages of Iranian newspapers and has...

Concern grows over UAE-based oil tanker in Strait of Hormuz

Aug 23, 2019

DUBAI, United Arab Emirates — Tracking data shows an oil tanker based in the United Arab Emirates traveling through the Strait of Hormuz drifted off into Iranian waters and stopped transmitting its location over two days ago, raising concerns Tuesday about its status amid heightened tensions between Iran and the U.S. It wasn't clear what happened to the Panamanian-flagged oil tanker Riah late Saturday night, though a U.S. defense official told The Associated Press that America "has suspicions" Iran seized the vessel. There was no immediate comment from Tehran. However, its last position showed it pointing toward Iran. Oil tankers...

India assesses technical snag that aborted moon mission

Aug 23, 2019

NEW DELHI — India's space organization is examining the technical snag that led to the aborting of the launch Monday of a spacecraft intended to land on the far side of the moon, an official said. The Chandrayaan-2 mission was called off shortly before liftoff early Monday by the Indian Space Research Organization when a "technical snag" was observed in the 640-ton, 14-story rocket launcher. Vivek Singh, the ISRO's media director, said the organization should be able to choose a new launch date within days. He declined to go into details. Chandrayaan, the Sanskrit word for "moon craft," is designed...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress