Press release
Will restaurants prove to be a major growth avenue for cloud POS market? | Top Key Players are Clover Network, EPOS Now, Lightspeed POS, NCR Corporation, PAR Technology, Revel Systems, Shopify, Square, Toast, TouchBistro, Touchsuite
cloud POS market
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Which factors will increase the demand for cloud POS systems?
Cloud based systems are creating a stir worldwide on account of their seamless connectivity across various devices and hassle-free usability. The constantly evolving cloud technology and the increasing number of devices being connected to the internet have crafted a platform for the rising number of cloud POS users.
Other than just seamless connectivity, the technology provides several advantages over the traditional POS systems. For example, retailers using the traditional POS systems vouch for the difference in the convenience factor brought in by the cloud POS, as it simplifies the whole process from the order acceptance to bill generation and delivery tracking.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Clover Network
2. EPOS Now
3. Lightspeed POS
4. NCR Corporation
5. PAR Technology
6. Revel Systems
7. Shopify
8. Square
9. Toast
10. TouchBistro
11. Touchsuite
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How is rising internet proliferation propelling cloud POS market share?
How the restaurants are playing a key role in driving cloud POS industry share, specifically in the APAC?
Restaurants require to regularly maintain the demand & supply of stock units to avoid any situation of operational downtime. So, the application of point-of-sale systems for inventory management is a growing trend among the restaurant owners. The cloud POS works as an all-in-one solution for the multiple tasks the restaurants perform like stock management, order management, billing, payments and customer information.
The infiltration of food delivery apps in the industry such as such as Zomato, Swiggy, and Food Panda has increased the customer base for restaurants, triggering the high adoption of cloud POS systems. The Asia Pacific region, in particular, observes a substantially high adoption of restaurant POS solutions, given the increasing number of users for such apps. As per estimates, APAC cloud POS industry size will depict a CAGR of over 27% between 2019-2025.
Browse key industry insights spread across 220 pages with 307 market data tables & 27 figures & charts from the report, “Cloud POS Market Size By Component (Software, Service [Maintenance & Support, Consulting & Training]), By Organization Size (SMEs, Large Enterprises), By Application (Retail & E-Commerce, Restaurant, Hospitality, Transportation & Logistics, Entertainment & Media, Healthcare), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Benelux, China, India, Japan, Australia, Singapore, Brazil, Mexico, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
www.gminsights.com/industry-analysis/cloud-pos-market
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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