Press release
Cloud POS Market to Grow at a CAGR of 16.0% by 2032 | Square, Inc., Cegid, UTC RETAIL, Shopify Inc., ShopKeep, Poster POS Inc., Lightspeed, RetailOps, Clover Network, Inc.
Global Cloud POS Market report from Global Insight Services is the single authoritative source of intelligence on Cloud POS Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Cloud POS refers to a point of sale system that is based on the cloud. This means that all of the data and applications associated with the POS system are stored on a remote server, and accessed via the internet. There are a number of benefits to using a cloud POS system, including the fact that it can be accessed from anywhere, and is much more scalable than a traditional POS system.
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Market Trends and Drivers
The surge in the utilization of online food delivery services is likely to drive the industry growth. For instance, in December 2021, Zomato Ltd. confirmed a gross merchandise value of around USD 13.5 million compared to approximately USD 10.1 million on the exact date last year. To ensure strong business growth, the market players are implementing cloud POS solutions to gain operational scalability and flexibility offered by cloud computing technology. The rising implementation of cloud POS solutions that enable to link online orders, financial transactions, and inventory efficiently will fuel the market demand.
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Market Segments
By Organization Size
• SMEs
• Large Enterprises
By Component
• Software
• Maintenance & Support
• Consulting & Training
By Application
• Retail & E-Commerce
• Restaurant
• Hospitality
• Transportation & Logistics
• Entertainment & Media
• Healthcare
• Others
Key Player
The cloud POS market report includes players such as Square, Inc., Cegid, UTC RETAIL, Shopify Inc., ShopKeep, Poster POS Inc., Lightspeed, RetailOps, Clover Network, Inc., and Oracle Corporation.
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• In-depth segmentation which can be customized as per your requirements
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• Robust and transparent research methodology
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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