Dublin, Feb. 28, 2022 (GLOBE NEWSWIRE) -- The "Cloud POS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global cloud POS market reached a value of US$ 2.76 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 10.23 Billion by 2027, exhibiting a CAGR of 23.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A cloud POS is a web-based point-of-sale system that allows businesses to process customer transactions and manage business operations through the internet. It includes various hardware, software and service-based solutions that manage the transaction during the sale of a product or a service. Cloud POS eliminates the need for bulky and expensive servers, efficiently manages POS terminals across multiple locations and offers improved service delivery to the customers. It also enhances speed, provides inventory control, product analysis and minimizes system downtime. In comparison to hardwired POS systems, cloud POS is more accurate and convenient to use. As a result, cloud POS finds extensive applications across various industries, such as healthcare, entertainment, hospitality and transportation and logistics.
Cloud POS Market Trends:
The increasing demand for secure and faster payment processing solutions across businesses and organizations is one of the key factors driving the growth of the market. Cloud POS is widely used to streamline daily operations and track client behavior for enhancing profits. Additionally, the widespread product adoption in restaurants to simplify customer engagement operations and optimize sales tasks is favoring the market growth.
Moreover, various technological advancements, such as the integration of advanced machine learning (ML) and artificial intelligence (AI) technology, with cloud POS systems to monitor customer behavior, accurately track inventory and analyze sales data, are providing a thrust to the market growth. In line with this, the widespread adoption of cloud POS systems in movie theatres, casinos and sports arenas is positively impacting the market growth. Other factors, including the increasing preference for digital payment solutions among the consumers, along with significant growth in the e-commerce industry, are anticipated to drive the market toward growth.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global cloud POS market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, type, organization size and application.
Breakup by Component:
- Solutions
- Services
Breakup by Type:
- Fixed Point of Sale
- Mobile Point of Sale
Breakup by Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Application:
- Retail and Consumer Goods
- Travel and Hospitality
- Media and Entertainment
- Transport and Logistics
- Healthcare
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being B2B Soft, Cegid Group, Fiserv Inc., Intuit Inc., Lightspeed Commerce Inc., NEC Corporation (AT&T Inc.), Oracle Corporation, Panasonic Corporation, PAR Technology Corporation, Samsung Electronics Co. Ltd., Shopify Inc. and Square Inc.
Key Questions Answered in this Report:
- How has the global cloud POS market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cloud POS market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cloud POS market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cloud POS Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Solutions
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Type
7.1 Fixed Point of Sale
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Mobile Point of Sale
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Organization Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Retail and Consumer Goods
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Travel and Hospitality
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Media and Entertainment
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Transport and Logistics
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Healthcare
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 B2B Soft
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Cegid Group
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 SWOT Analysis
15.3.3 Fiserv Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Intuit Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Lightspeed Commerce Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 NEC Corporation (AT&T Inc.)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Oracle Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Panasonic Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 PAR Technology Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10 Samsung Electronics Co. Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Shopify Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Square Inc.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
For more information about this report visit https://www.researchandmarkets.com/r/e12bpj
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