Global Cloud Point Of Sale Market 2024-2028
The cloud point of sale market is forecasted to grow by USD 10253.7 mn during 2023-2028, accelerating at a CAGR of 26.72% during the forecast period. The report on the cloud point of sale market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing application of cloud point of sale in retail, increasing demand for contactless payment options, and growing e-commerce industry.
Technavio's cloud point of sale market is segmented as below:
By Application
- Retail and consumer goods
- Travel and hospitality
- Media and entertainment
- Transport and logistics
- Healthcare
By Component
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the continuous development of new solutions as one of the prime reasons driving the cloud point of sale market growth during the next few years. Also, increasing inorganic strategies undertaken by vendors and rising application of cloud point-of-sale solutions in restaurants will lead to sizable demand in the market.
The report on the cloud point of sale market covers the following areas:
- Cloud point of sale market sizing
- Cloud point of sale market forecast
- Cloud point of sale market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud point of sale market vendors that include ARBA Retail Systems, Dotykacka CR s.r.o., Bindo Labs Inc., Block Inc., CDW Corp, Epicor Software Corp., Fiserv Inc., Intuit Inc., Lightspeed Commerce Inc., NCR Voyix Corp., Oracle Corp., PAR Technology Corp, Paychex Inc., Poster Pos Inc, Revel Systems Inc., Shopify Inc., Teraoka Seiko Co. Ltd., Toast Inc., TouchBistro Inc., and TRANSACT LLC. Also, the cloud point of sale market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.