Cloud POS Market Financial Insights, Business Growth Strategies | Shopify Inc., ShopKeep by Lightspeed, Square Inc., UTC Retail, Celerant Technology

Exactitude Consultancy, the market research has completed and published the final copy of the detailed research report on the Cloud POS Market. The Cloud POS Market is expected to register a CAGR of over 21.83% over the forecast period.

According to a recent report published by Exactitude Consultancy, titled, "Global Cloud POS Market by Component (Solution and Services), Type (Fixed Point of Sale, and Mobile Point of Sale), Enterprise Size (Large Enterprises and Small & Medium Enterprises), Application (Retail & E-commerce, Restaurant, Healthcare, Hospitality, Transportation & Logistics, Entertainment & Media), and Region, Global Trends and Forecast From 2022 To 2029.". Global Cloud POS Market Research Report 2023 CAGR Status, Size, Industry Share, Interaction, Revenues , Development Strategy, Key Players, Competitive Landscape, Dynamics, competitive share analysis, consumption by regions, business development, technologies and growth trends, demand status and future product.

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✔ A summary of the research work.

✔ Table of Contents The study's depth of coverage

✔ Market participants at the forefront

✔ The research framework of the report's structure

✔ Exactitude Consultancy' research methodology

The report on the Cloud POS Market includes:

Authoritative insights into the Cloud POS Market Size
Key industry trends
Strategies adopted by major players
Dominating regions

Regional Analysis:

North America is anticipated to hold a significant share in the global cloud POS market due to the high demand forcloud-based services. The region is technologically advanced, which supports the adoption of advanced solutions and services. The United States and Canada are frontrunning countries in accepting contactless payment methods, supporting market growth across the region. The United States-based retailers are highly adopting online payment solutions, which further drives cloud-based POS system adoption. Cafes, restaurant owners in the United States rely on online transactions, which further impacts the market growth.

Similarly, Europe is also likely to register a remarkable growth rate due to its significant mobile POS industry developments. The integration of cutting-edge technologies such as biometrics in point of sale POS drives the growth of the cloud POS solution market.

The Asia-Pacific region is probable to register the highest growth during the forecast years. The growth is mainly attributed to the large presence of prominent vendors. Progressive acceptance of cloud-based services in the region again supporting the cloud-based POS market growth. With the surge in cloud payment services, countries including Singapore, China, India are likely to exhibit significant growth over the years. As per the survey accompanied by the United Overseas Bank (UOB), in November 2019, about 65% of small and medium enterprises in Singapore have adopted automation and cloud-based solutions, particularly accounting and customer relationship management. Thus, the cumulative adoption of cloud-based solutions among the Asean SMEs would drive the cloud POS market growth across the region

Overview of Cloud POS Market Analysis:

Market Size 2022: US $ 2.46 Billion

Market Size by 2029: US $ 9.8 Billion

CAGR (%): 21.83

Forecast Year: 2023-2029

Base Year: 2022

Prominent companies profiled in the Cloud POS Market report are:

B2B Soft, Cegid, Intuit Inc., Lightspeed, Oracle Corporation, PAR Technology Corp., Shopify Inc., ShopKeep by Lightspeed, Square Inc., UTC Retail, Celerant Technology, Clover Network Inc., EPOS Now, Phorest Salon Software, Revel Systems

Highlights of the Cloud POS Market Report:

Cloud POS Market Development: Comprehensive information about emerging industry. This report analyses for various segments across geographies

Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the Cloud POS Market

Competitive Assessment: In-depth assessment of the Cloud POS Market strategies, geographic and business segments of the leading players in the industry.

Market Diversification: Exhaustive information about new launching, untapped geographies, recent developments, and investments in the market

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Exactitude Consultancy follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the Cloud POS Market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Growth rate or CAGR exhibited by a Cloud POS Market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, Cloud POS Market and technological developments, market trends, etc.

Customization Available: Global Cloud POS Market

Exactitude Consultancy is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The Cloud POS Market report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Cloud POS Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.

Statistical Analysis

The data is generally gathered in various arrangements such as charts, graphs, infographics, trends, documents and records from various manufacturers and retailers. Our subject experts gather, collect, and interpret such data to form significant databases. Our team then works with large data volumes to analyze core developments, evaluate market estimations, and identify trends.

We provide statistical modelling, inferential statistical analysis, descriptive statistical analysis, and predictive analysis among various other types of studies. Thus, we provide customized reports with data preparation, management, and analysis. We also have a continuous feedback system, wherein our team ensures that new Cloud POS Market developments are accurately incorporated in the previous databases.

Surveys And Discussion with Industry Leaders

Conducting primaries of industrial experts and subject experts is one of the most important steps of our research analysis. It is a continuous process and is carried out at each level along the value chain. To ensure that the Cloud POS Market estimates are unbiased and depict the actual market scenario, we carry out questionnaires-based research and telephonic discussions with raw material suppliers and manufacturers, product manufacturers and distributors. Additionally, we also cover insights from representatives of regulatory bodies and industry associations.

With the help of insights collected from industrial experts, we are able identify Cloud POS Market segments and key parameters including spending habits of consumers, raw material and production trends, pricing mechanism, and expansion plans of market players. This helps us in providing an-depth analysis of the concerned market.

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This release was published on openPR.