Cloud POS Market Is Booming Worldwide | Square, Cegid, UTC RETAIL , Shop Keep

HTF MI added a new research study in its database with title 'Global Cloud POS Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' that includes detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe or Asia and important players/vendors such as Square Inc , Cegid (France) , UTC RETAIL , Shop Keep , PAR Technology The report will help user gain market insights, future trends and growth prospects for forecast period of 2019-25

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Cloud-based point of sale refer as the systems to process and store sales data online which is opposed to locally on the own computer or on-premise server. This one is the newest trend in software of point of sale, and it is quickly growing its popularity. This system can be accessed through internet directly and it is mostly compatible with most of the POS hardware such as cash drawers, printers, etc. Cloud POS totally eliminates the need for a server and moves the traffic flow to datacentre of someone else’s. The network availability is wireless, so there isn’t any need to connect everything with wires. It is less expensive, and convenient because merchants can access customer data from anywhere though an Internet connection The market study is being classified, by Application (Retail and Consumer Goods , Travel and Hospitality , Media and Entertainment , Transportation and Logistics and Healthcare) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .

Competitive Landscape
Square Inc , Cegid (France) , UTC RETAIL , Shop Keep , PAR Technology , Shopify (Canada) , B2B Soft , Intuit , Lightspeed (Canada) , Oracle , SalonTarget , RetailOps , Celerant Technology , TouchSuite , Clover , Revel Systems and ERPLY are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Omnico Group (United Kingdom) , Diaspark , Teamwork Retail , Jesta I.S. (Canada) , One Step Retail Solutions , Phorest (Ireland) , Poster POS (Poland) and iiko(Russia).

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Cloud POS changes how businesses acquire their POS. In the past, they bought their hardware up front, licensed the software and paid per-terminal fees and support/maintenance contract fees. With cloud POS, merchants pay a monthly rental fee for access to the software. The service model is software as a service, not unlike Salesforce or Office365. The merchant simply uses the product. Cloud can offer a lower acquisition and cost model because it doesn’t require an expensive, upfront hardware purchase. Some providers are also arranging their fee structure to avoid per-terminal fees and add-ons for connecting third-party services. When the merchant includes hardware in their rental agreement, it gets replaced every few years and included in the monthly cost

Market Drivers
Growing in the mobility and flexibility of business
Efficient management of POS terminals across the multiple locations
Improvement in the delivering services

Market Trend
Growing in the cashless transactions in several countries

Restraints
Skepticism regarding cloud-based offerings

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Opportunities
Growing demand for e-commerce transactions in retail and consumer goods applications

Market Leaders and their expansionary development strategies

Square, Inc. has entered into a definitive agreement to acquire Weebly. Square and Weebly will give sellers one cohesive solution to start or grow an omnichannel business

Square, Inc. announced the launch of Square Card, a free business debit Mastercard that helps businesses manage their cash flow by eliminating the time between making a sale and having the funds available to spend

Key Target Audience

Cloud POS providers
Market operators
Financial institutions
Merchants and merchant acquirers
Technology providers
Mobile network operators
Credit/debit card providers
Cloud solution providers
Security service providers
Professional and managed service providers
System integrators
Technology consultants

Table of Contents

1 Market Overview

1.1 Cloud POS Drugs Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook (2013-2023)

1.4.1.2 Canada Market States and Outlook (2013-2023)

1.4.1.3 Mexico Market States and Outlook (2013-2023)

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook (2013-2023)

1.4.2.2 France Market States and Outlook (2013-2023)

1.4.2.3 UK Market States and Outlook (2013-2023)

1.4.2.4 Russia Market States and Outlook (2013-2023)

1.4.2.5 Italy Market States and Outlook (2013-2023)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook (2013-2023)

1.4.3.2 Japan Market States and Outlook (2013-2023)

1.4.3.3 Korea Market States and Outlook (2013-2023)

1.4.3.4 India Market States and Outlook (2013-2023)

1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)

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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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