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Cloud POS Market by Component (Solution, and Services), Service (Implementation & Integration, Training & Consulting, and Support & Maintenance), Organization Size (SME, and Large Enterprise) and Application (Retail & Consumer Goods, Travel & Hospitality, Media & Entertainment, Transportation & Logistics and Healthcare): Global Opportunity Analysis and Industry Forecast, 2020–2028

A11788
Pages: 322
Jun 2021 | 428 Views
   
Author(s) : Abhijith Nair
Tables: 151
Charts: 74
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Cloud POS Market Statistics: 2028

The global cloud POS market size was valued at $2.24 billion in 2020, and is projected to reach $13.24 billion by 2028, registering a CAGR of 24.5 % from 2020 to 2028. Cloud-based POS solutions are built on the cloud's quick scale up and down concept; services may be added or deleted by the business at any moment based on their needs and the demands of their clients. Businesses just pay for the services they use, which saves money on future-proofing requirements and fail-safe systems that are needed by the traditional on-premises POS. Furthermore, the solutions provider will cover the maintenance and upkeep of cloud-based POS solutions, so business owners will not have to worry about the operation of these POS systems at all times.

In many nations, the negative consequences of the COVID-19 outbreak has spread to key economic sectors, with manufacturing, auto, retail, aviation, and hospitality suffering the weight of these restrictions. As a result, fast-growing digital payments, which are intimately related to the aforementioned sectors, have been impacted. Shuttered stores, travel prohibitions, and lower discretionary consumer spending (on dining out, movies, and entertainment, for example all impeded digital payments and impacted the worldwide cloud POS industry.

As the solutions providers and vendors handle maintenance, performance, and up-keep of cloud-based POS systems; this enables businesses to have a small IT team at their end saving on training and payroll costs of maintaining a full-size IT department as needed by the on-premises based POS solutions.

Cloud-POS-Market-2021-2028

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In 2020, the global Cloud POS market share was dominated by the solution, and is expected to maintain its dominance in the upcoming years, Cloud computing providers offer web-based financial services for POS systems, where data is adequately supported on remote vendor servers. Within the market, services is estimated to emerge as fastest growing segment, Increased solidarity among end users regarding the adoption cloud technology across all major domains is expected to be a key driver in the cloud POS market. The benefits associated with the adoption of cloud POS, such as improved flexibility, environmental flexibility, and continuous functionality help end users to embrace cloud POS throughout their vertical industry

With the worldwide pandemic on the rise and local shopping malls and marketplaces shuttered to help stop the spread of the coronavirus, people had to rely on e-commerce websites for everything from daily necessities and medications to clothing and comfort. This rapid reliance on global e-commerce websites and online marketplaces has also aided the growth of cloud-based POS among these e-commerce businesses as they rolled out options for contactless payment technologies through cards and smartphones in areas where people were more likely to opt for cash on delivery payments.
Moreover, essential stores such as pharmacies and grocery supply stores that remained open during the pandemic had to minimize physical contact with their customers, and cloud POS systems were utilized in many such stores. 
 
The report focuses on the growth prospects, restraints, and Cloud POS market analysis. The study provides Porter’s five forces analysis of the Cloud POS industry to understand impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the Cloud POS market trends.

Cloud POS Market
By Component

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Services segment is projected as one of the most lucrative segments.

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Segment review

The Cloud POS market is mainly segmented on the basis of component, services, application and organization size. Based on component, the market is segmented into solution and services. Based on service, the market is segmented into implementation and integration, training and consulting and support and maintenance. Based on application, the market is segmented into retail and consumer goods, transport and logistics, media and entertainment, travel and hospitality and healthcare. On the basis of organization size, the market is segmented into SME and large enterprise. The Cloud POS market is primarily studied across various regions such as North America, Europe, Asia-Pacific and LAMEA.

Cloud POS Market
By Region

2028
North America 
Europe
Asia-pacific
Lamea

APAC is projected as one of the most significant region.

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COVID Impact Analysis

In many nations, the negative consequences of the COVID-19 outbreak spread to key economic sectors, with manufacturing, auto, retail, aviation, and hospitality suffering the weight of these restrictions. As a result, fast-growing digital payments, which are intimately related to the aforementioned sectors, have been impacted. Shuttered stores, travel prohibitions, and lower discretionary consumer spending (on dining out, movies, and entertainment, for example) all impeded digital payments and impacted the worldwide cloud POS industry.

Key players of the industry tried different techniques to counter the effects of coronavirus on these industries by introducing various schemes to promote local shops and help the sale of more POS systems during the period. For instance, Canadian services provider Shopify, partnered with Google to provide their customer’s products to feature in Google search that can help increase the target audience and profit margins. 

Top impacting factors    

Improving workplace productivity, efficiency, and dynamic decision-making ability of organizations and businesses is one of the primary factor driving the market growth. Furthermore, Cloud POS solutions help organizations save operational and functional costs, which is further propelling the market growth during the cloud PoS market forecast period. However, data security and privacy concerns related to the use of cloud POS are mainly restraining the market growth. Furthermore, growing acceptance of cloud-based systems in small and medium level enterprises and developments in the retail sector is creating a lucrative opportunity for the Cloud POS market growth.

Cloud POS solutions help organizations save operational and functional costs:

Cloud-based POS solutions are built on the cloud's quick scale up and down concept; services may be added or deleted by the business at any moment based on their needs and the demands of their clients. Businesses just pay for the services they use, which saves money on future-proofing requirements and fail-safe systems that traditional on-premises POS need. Furthermore, the solutions provider will cover the maintenance and upkeep of cloud-based POS solutions, so business owners will not have to worry about the operation of these POS systems at all times.

Developments in the retail industry

With the worldwide pandemic on the rise and local shopping malls and marketplaces  closed or on the verge of closing to help stop the spread of the coronavirus, people had to rely on e-commerce websites for everything from daily necessities and medications to clothing and comfort. This rapid reliance on global e-commerce websites and online marketplaces has also aided the growth of cloud-based POS among these e-commerce businesses as they rolled out options for contactless payment technologies through cards and smartphones in areas where people were more likely to opt for cash on delivery payments. This is estimated to create wider scope for cloud POS market opportunity.

Moreover, essential stores like pharmacies and grocery supply stores that remained open during the pandemic had to minimize physical contact with their customers, and cloud POS systems were utilized in many such stores.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the cloud POS market along with current trends and future estimations to elucidate imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the cloud POS market for the period 2021-2028 is provided to determine the market potential.

Key Market Segments

By Component

  • Solution
  • Services

By Service

  • Implementation and Integration
  • Training and Consulting
  • Support and maintenance

By Organization Size

  • SME
  • Large Enterprise

By Application

  • Retail and Consumer Goods
  • Travel and Hospitality 
  • Media and Entertainment 
  • Transport and Logistics 
  • Healthcare

BY REGION

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany
    • France
    • Russia
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • B2B Soft 
  • Cegid
  • Intuit Inc.
  • Lightspeed
  • Oracle Corporation 
  • PAR Technology Corp. 
  • Shopify Inc. 
  • ShopKeep by Lightspeed 
  • Square, Inc. 
  • UTC RETAIL
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholder
1.3.Key market segments
1.3.1.Key market players
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the Cloud POS market
3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Improving workplace productivity, efficiency, and dynamic decision-making ability of organizations and businesses:
3.3.1.2.Cloud POS solutions help organizations save operational and functional costs:

3.3.2.Restraints

3.3.2.1.Data security and privacy concerns related to the use of cloud POS:
3.3.2.2.Lesser flexibility and customizations as compared to on-premises solutions:

3.3.3.Opportunities

3.3.3.1.Advancements in the retail and hospitality industry:
3.3.3.2.Growing acceptance of cloud-based systems in small and medium level enterprises:

3.4.COVID-19 impact analysis on the Cloud POS market

3.4.1.Impact on market size
3.4.2.Consumer trends, preferences, and budget impact
3.4.3.Economic impact
3.4.4.Key player strategies to tackle negative impact
3.4.5.Opportunity window

CHAPTER 4:CLOUD POS MARKET, BY COMPONENT

4.1.Overview
4.2.Solution

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Services

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:CLOUD POS MARKET, BY SERVICES

5.1.Overview
5.2.Implementation and Integration

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Training and Consulting

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Support and Maintenance

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:CLOUD POS MARKET, BY ORGANISATION SIZE

6.1.Overview
6.2.Large enterprise

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Small and medium enterprise

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:CLOUD POS MARKET, BY APPLICATION

7.1.Overview
7.2.Retail and Consumer Goods

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Travel and Hospitality

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Media and Entertainment

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Healthcare

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

7.6.Transport and Logistics

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by region
7.6.3.Market analysis, by country

CHAPTER 8:CLOUD POS MARKET, BY REGION

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, By Component
8.2.3.Market size and forecast, by Service
8.2.4.Market size and forecast, by organization size
8.2.5.Market size and forecast, by Application
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, By Component
8.2.6.1.2.Market size and forecast, by Service
8.2.6.1.3.Market size and forecast, by organization size
8.2.6.1.4.Market size and forecast, by Application

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, By Component
8.2.6.2.2.Market size and forecast, by Services
8.2.6.2.3.Market size and forecast, by organization size
8.2.6.2.4.Market size and forecast, by Application

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, By Component
8.3.3.Market size and forecast, by Services
8.3.4.Market size and forecast, by organization size
8.3.5.Market size and forecast, by Application
8.3.6.Market analysis, by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast, By Component
8.3.6.1.2.Market size and forecast, by Services
8.3.6.1.3.Market size and forecast, by organization size
8.3.6.1.4.Market size and forecast, by Application

8.3.6.2.Germany

8.3.6.2.1.Market size and forecast, By Component
8.3.6.2.2.Market size and forecast, by Services
8.3.6.2.3.Market size and forecast, by organization size
8.3.6.2.4.Market size and forecast, by Applications

8.3.6.3.France

8.3.6.3.1.Market size and forecast, By Component
8.3.6.3.2.Market size and forecast, by Service
8.3.6.3.3.Market size and forecast, by organization size
8.3.6.3.4.Market size and forecast, by Application

8.3.6.4.Italy

8.3.6.4.1.Market size and forecast, By Component
8.3.6.4.2.Market size and forecast, by Services
8.3.6.4.3.Market size and forecast, by organization size
8.3.6.4.4.Market size and forecast, by Application

8.3.6.5.Spain

8.3.6.5.1.Market size and forecast, By Component
8.3.6.5.2.Market size and forecast, by Service
8.3.6.5.3.Market size and forecast, by organization size
8.3.6.5.4.Market size and forecast, by Application

8.3.6.6.Russia

8.3.6.6.1.Market size and forecast, By Component
8.3.6.6.2.Market size and forecast, by Service
8.3.6.6.3.Market size and forecast, by organization size
8.3.6.6.4.Market size and forecast, by Application

8.3.6.7.Rest of Europe

8.3.6.7.1.Market size and forecast, By Component
8.3.6.7.2.Market size and forecast, by Service
8.3.6.7.3.Market size and forecast, by organization size
8.3.6.7.4.Market size and forecast, by Application

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, By Component
8.4.3.Market size and forecast, by Service
8.4.4.Market size and forecast, by organization size
8.4.5.Market size and forecast, by Industry vertical
8.4.6.Market analysis, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, By Component
8.4.6.1.2.Market size and forecast, by Service
8.4.6.1.3.Market size and forecast, by organization size
8.4.6.1.4.Market size and forecast, by Application

8.4.6.2.India

8.4.6.2.1.Market size and forecast, By Component
8.4.6.2.2.Market size and forecast, by Services
8.4.6.2.3.Market size and forecast, by organization size
8.4.6.2.4.Market size and forecast, by Application

8.4.6.3.Japan

8.4.6.3.1.Market size and forecast, By Component
8.4.6.3.2.Market size and forecast, by Services
8.4.6.3.3.Market size and forecast, by organization size
8.4.6.3.4.Market size and forecast, by industry vertical

8.4.6.4.Australia

8.4.6.4.1.Market size and forecast, By Component
8.4.6.4.2.Market size and forecast, by Services
8.4.6.4.3.Market size and forecast, by organization size
8.4.6.4.4.Market size and forecast, by Applications

8.4.6.5.South Korea

8.4.6.5.1.Market size and forecast, By Component
8.4.6.5.2.Market size and forecast, by Services
8.4.6.5.3.Market size and forecast, by organization size
8.4.6.5.4.Market size and forecast, by Applications

8.4.6.6.Southeast Asia

8.4.6.6.1.Market size and forecast, By Component
8.4.6.6.2.Market size and forecast, by Services
8.4.6.6.3.Market size and forecast, by organization size
8.4.6.6.4.Market size and forecast, by Applications

8.4.6.7.Rest of Asia-Pacific

8.4.6.7.1.Market size and forecast, By Component
8.4.6.7.2.Market size and forecast, by Services
8.4.6.7.3.Market size and forecast, by organization size
8.4.6.7.4.Market size and forecast, by Applications

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, By Component
8.5.3.Market size and forecast, by Services
8.5.4.Market size and forecast, by organization size
8.5.5.Market size and forecast, by Application
8.5.6.Market analysis, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, By Component
8.5.6.1.2.Market size and forecast, by Services
8.5.6.1.3.Market size and forecast, by organization size
8.5.6.1.4.Market size and forecast, by industry vertical

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, By Component
8.5.6.2.2.Market size and forecast, by Services
8.5.6.2.3.Market size and forecast, by organization size
8.5.6.2.4.Market size and forecast, by industry vertical

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, By Component
8.5.6.3.2.Market size and forecast, by Services
8.5.6.3.3.Market size and forecast, by organization size
8.5.6.3.4.Market size and forecast, by industry vertical

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Key player positioning analysis, 2020
9.2.Top Winning Strategies
9.3.COMPETITIVE DASHBOARD

CHAPTER 10:COMPANY PROFILE

10.1.B2B Soft

10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.Key strategic moves and developments

10.2.Cegid

10.2.1.Company overview
10.2.2.Key executives
10.2.3.Company snapshot
10.2.4.Product portfolio
10.2.5.Key strategic moves and developments

10.3.Intuit Inc.

10.3.1.Company overview
10.3.2.Key executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D expenditure
10.3.7.Business performance
10.3.8.Key strategic moves and developments

10.4.Lightspeed

10.4.1.Company overview
10.4.2.Key executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.R&D expenditure
10.4.7.Business performance
10.4.8.Key strategic moves and developments

10.5.Oracle Corporation

10.5.1.Company overview
10.5.2.Key executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.R&D expenditure
10.5.7.Business performance
10.5.8.Key strategic moves and developments

10.6.PAR Technology Corp.

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.R&D expenditure
10.6.7.Business performance
10.6.8.Key strategic moves and developments

10.7.Shopify Inc.

10.7.1.Company overview
10.7.2.Key executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.R&D expenditure
10.7.7.Business  performance
10.7.8.Key strategic moves and developments

10.8.ShopKeep by Lightspeed

10.8.1.Company overview
10.8.2.Key executives
10.8.3.Company snapshot
10.8.4.Product portfolio
10.8.5.Key strategic moves and developments

10.9.Square, Inc.

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.Business performance
10.9.7.Key strategic moves and developments

10.10.UTC RETAIL, Inc

10.10.1.Company overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Product portfolio
10.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 02.CLOUD POS MARKET FOR SOLUTION, BY REGION, 2020-2028 ($MILLION)
TABLE 03.CLOUD POS MARKET FOR SERVICES, BY REGION, 2020-2028 ($MILLION)
TABLE 04.GLOBAL CLOUD POS MARKET, BY SERVICES, 2020-2028($MILLION)
TABLE 05.CLOUD POS MARKET REVENUE FOR LOCAL NETWORKS OPTIMIZATION, BY REGION 2020-2028($MILLION)
TABLE 06.CLOUD POS MARKET REVENUE FOR TRAINING AND CONSULTING, BY REGION, 2020-2028($MILLION)
TABLE 07.CLOUD POS MARKET REVENUE FOR SUPPORT AND MAINTENANCE, BY REGION, 2020-2028($MILLION)
TABLE 08.CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 09.CLOUD POS MARKET FOR LARGE ENTERPRISE, BY REGION, 2020-2028 ($MILLION)
TABLE 10.SMALL AND MEDIUM ENTERPRISE CLOUD POS MARKET, BY REGION, 2020-2028 ($MILLION)
TABLE 11.CLOUD POS MARKET, BY APPLICATIONS, 2020-2028 ($MILLION)
TABLE 12.CLOUD POS MARKET FOR RETAIL AND CONSUMER GOODS, BY REGION, 2020-2028 ($MILLION)
TABLE 13.CLOUD POS MARKET FOR TRAVEL AND HOSPITALITY, BY REGION, 2020-2028 ($MILLION)
TABLE 14.CLOUD POS MARKET FOR MEDIA AND ENTERTAINMENT, BY REGION, 2020-2028 ($MILLION)
TABLE 15.CLOUD POS MARKET FOR HEALTHCARE, BY REGION, 2020-2028 ($MILLION)
TABLE 16.CLOUD POS MARKET FOR TRANSPORT AND LOGISTICS, BY REGION, 2020-2028 ($MILLION)
TABLE 17.CLOUD POS MARKET, BY REGION, 2020-2028 ($MILLION)
TABLE 18.NORTH AMERICA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 19.NORTH AMERICA CLOUD POS MARKET, BY SERVICE, 2020-2028 ($MILLION)
TABLE 20.NORTH AMERICA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 21.NORTH AMERICA CLOUD POS MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 22.NORTH AMERICA CLOUD POS MARKET, BY COUNTRY, 2020-2028 ($MILLION)
TABLE 23.U.S. CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 24.U.S. CLOUD POS MARKET, BY SERVICE, 2020-2028 ($MILLION)
TABLE 25.U.S. CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 26.U.S. CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 27.CANADA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 28.CANADA CLOUD POS MARKET, BY DEPLOYMENT, 2020-2028 ($MILLION)
TABLE 29.CANADA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 30.CANADA CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 31.EUROPE CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 32.EUROPE CLOUD POS MARKET, BY DEPLOYMENT, 2020-2028 ($MILLION)
TABLE 33.EUROPE CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 34.EUROPE CLOUD POS MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 35.EUROPE CLOUD POS MARKET, BY COUNTRY, 2020-2028 ($MILLION)
TABLE 36.UK CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 37.UK CLOUD POS MARKET, BY DEPLOYMENT, 2020-2028 ($MILLION)
TABLE 38.UK CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 39.UK CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 40.GERMANY CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 41.GERMANY CLOUD POS MARKET, BY DEPLOYMENT, 2020-2028 ($MILLION)
TABLE 42.GERMANY CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 43.GERMANY CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 44.FRANCE CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 45.FRANCE CLOUD POS MARKET, BY DEPLOYMENT, 2020-2028 ($MILLION)
TABLE 46.FRANCE CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 47.FRANCE CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 48.ITALY CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 49.ITALY CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 50.ITALY CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 51.ITALY CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 52.SPAIN CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 53.SPAIN CLOUD POS MARKET, BY SERVICE, 2020-2028 ($MILLION)
TABLE 54.SPAIN CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 55.SPAIN CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 56.RUSSIA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 57.RUSSIA CLOUD POS MARKET, BY SERVICE, 2020-2028 ($MILLION)
TABLE 58.RUSSIA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 59.SPAIN CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 60.REST OF EUROPE CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 61.REST OF EUROPE CLOUD POS MARKET, BY SERVICE, 2020-2028 ($MILLION)
TABLE 62.REST OF EUROPE CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 63.REST OF EUROPE CLOUD POS MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 64.ASIA-PACIFIC CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 65.ASIA-PACIFIC CLOUD POS MARKET, BY SERVICE, 2020-2028 ($MILLION)
TABLE 66.ASIA-PACIFIC CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 67.ASIA-PACIFIC CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 68.ASIA-PACIFIC CLOUD POS MARKET, BY COUNTRY, 2020-2028 ($MILLION)
TABLE 69.CHINA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 70.CHINA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 71.CHINA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 72.CHINA CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 73.INDIA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 74.INDIA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 75.INDIA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 76.INDIA CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 77.JAPAN CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 78.JAPAN CLOUD POS MARKET, BY DEPLOYMENT, 2020-2028 ($MILLION)
TABLE 79.JAPAN CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 80.JAPAN CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 81.AUSTRALIA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 82.AUSTRALIA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 83.AUSTRALIA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 84.AUSTRALIA CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 85.SOUTH KOREA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 86.SOUTH KOREA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 87.SOUTH KOREA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 88.SOUTH KOREA CLOUD POS MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 89.SOUTHEAST ASIA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 90.SOUTH KOREA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 91.SOUTHEAST ASIA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 92.SOUTH KOREA CLOUD POS MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 93.REST OF ASIA-PACIFIC CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 94.REST OF ASIA-PACIFIC CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 95.REST OF ASIA-PACIFIC CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 96.REST OF ASIA-PACIFIC CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 97.LAMEA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 98.LAMEA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 99.LAMEA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 100.LAMEA CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 101.LAMEA CLOUD POS MARKET, BY COUNTRY, 2020-2028 ($MILLION)
TABLE 102.LATIN AMERICA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 103.LATIN AMERICA CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 104.LATIN AMERICA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 105.LATIN AMERICA CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 106.MIDDLE EAST CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 107.MIDDLE EAST CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
TABLE 108.MIDDLE EAST CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 109.MIDDLE EAST CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 110.AFRICA CLOUD POS MARKET, BY COMPONENT, 2020-2028 ($MILLION)
TABLE 111.AFRICA CLOUD POS MARKET, BY DEPLOYMENT, 2020-2028 ($MILLION)
TABLE 112.AFRICA CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
TABLE 113.AFRICA CLOUD POS MARKET, BY INDUSTRY VERTICAL, 2020-2028 ($MILLION)
TABLE 117.B2B SOFT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118.CEGID: KEY EXECUTIVES
TABLE 119.CEGID: COMPANY SNAPSHOT
TABLE 120.CEGID: PRODUCT PORTFOLIO
TABLE 121.INTUIT INC.: KEY EXECUTIVES
TABLE 122.INTUIT INC.: COMPANY SNAPSHOT
TABLE 123.INTUIT INC.: OPERATING SEGMENTS
TABLE 124.INTUIT INC.: PRODUCT PORTFOLIO
TABLE 125.LIGHTSPEED: KEY EXECUTIVES
TABLE 126.LIGHTSPEED: COMPANY SNAPSHOT
TABLE 127.LIGHTSPEED.: OPERATING SEGMENTS
TABLE 128.LIGHTSPEED: PRODUCT PORTFOLIO
TABLE 129.ORACLE CORPORATION: KEY EXECUTIVES
TABLE 130.ORACLE CORPORATION: COMPANY SNAPSHOT
TABLE 131.ORACLE CORPORATION: OPERATING SEGMENTS
TABLE 132.ORACLE CORPORATION: PRODUCT PORTFOLIO
TABLE 133.ORACLE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 134.PAR TECHNOLOGY CORP.: KEY EXECUTIVES
TABLE 135.PAR TECHNOLOGY CORP.: COMPANY SNAPSHOT
TABLE 136.PAR TECHNOLOGY CORP.: OPERATING SEGMENTS
TABLE 137.PAR TECHNOLOGY CORP.: PRODUCT PORTFOLIO
TABLE 138.SHOPIFY INC.: KEY EXECUTIVES
TABLE 139.PAR TECHNOLOGY CORP.: COMPANY SNAPSHOT
TABLE 140.PAR TECHNOLOGY CORP.: OPERATING SEGMENTS
TABLE 141.SHOPIFY INC.: PRODUCT PORTFOLIO
TABLE 142.SHOPKEEP BY LIGHTSPEED: KEY EXECUTIVES
TABLE 143.SHOPKEEP BY LIGHTSPEED: COMPANY SNAPSHOT
TABLE 144.SHOPKEEP BY LIGHTSPEED: PRODUCT PORTFOLIO
TABLE 145.SQUARE, INC.: KEY EXECUTIVES
TABLE 146.SQUARE, INC.: COMPANY SNAPSHOT
TABLE 147.SQUARE, INC.: OPERATING SEGMENTS
TABLE 148.SQUARE, INC.: PRODUCT PORTFOLIO
TABLE 149.UTC RETAIL, INC: KEY EXECUTIVES
TABLE 150.UTC RETAIL, INC: COMPANY SNAPSHOT
TABLE 151.UTC RETAIL, INC: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 09.HIGH COMPETITIVE RIVALRY
FIGURE 10.MARKET DYNAMICS: GLOBAL CLOUD POS MARKET
FIGURE 11.CLOUD POS MARKET, BY SERVICES, 2020-2028 ($MILLION)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR SOLUTION, BY COUNTRY,  2020 & 2028 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR SERVICES, BY COUNTRY,  2020 & 2028 (%)
FIGURE 14.GLOBAL CLOUD POS MARKET REVENUE, BY SERVICES, 2020-2028 ($MILLION)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR IMPLEMENTATION AND INTEGRATION,  BY COUNTRY, 2020 & 2028 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR TRAINING AND CONSULTING,  BY COUNTRY, 2020 & 2028 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR SUPPORT AND MAINTENANCE, BY COUNTRY,  2020 & 2028 (%)
FIGURE 18.CLOUD POS MARKET, BY ORGANIZATION SIZE, 2020-2028 ($MILLION)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF LARGE ENTERPRISE CLOUD POS MARKET, BY COUNTRY,  2020 & 2028 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SMALL AND MEDIUM ENTERPRISE CLOUD POS MARKET, BY COUNTRY,  2020 & 2028 (%)
FIGURE 21.CLOUD POS MARKET, BY APPLICATION, 2020-2028 ($MILLION)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR RETAIL AND CONSUMER GOODS, BY COUNTRY,  2020 & 2028 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR TRAVEL AND HOSPITALITY, BY COUNTRY,  2020 & 2028 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR MEDIA AND ENTERTAINMENT,  BY COUNTRY, 2020 & 2028 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR HEALTHCARE, BY COUNTRY, 2020 & 2028 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF CLOUD POS MARKET FOR TRANSPORT AND LOGISTICS, BY COUNTRY,  2020 & 2028 (%)
FIGURE 27.U.S. CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 28.CANADA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 29.UK CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 30.GERMANY CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 31.FRANCE CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 32.ITALY CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 33.SPAIN CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 34.RUSSIA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 35.REST OF EUROPE CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 36.CHINA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 37.INDIA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 38.JAPAN CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 39.AUSTRALIA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 40.SOUTH KOREA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 41.SOUTHEAST ASIA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 43.LATIN AMERICA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 44.MIDDLE EAST CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 45.AFRICA CLOUD POS MARKET, 2020-2028 ($MILLION)
FIGURE 46.KEY PLAYER POSITIONING ANALYSIS: GLOBAL CLOUD POS MARKET
FIGURE 47.TOP WINNING STRATEGIES, BY YEAR, 2019-2021
FIGURE 48.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019-2021
FIGURE 49.TOP WINNING STRATEGIES, BY COMPANY, 2019-2021
FIGURE 50.COMPETITIVE DASHBOARD
FIGURE 51.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 53.INTUIT INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 54.INTUIT INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 55.INTUIT INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 57.LIGHTSPEED: REVENUE, 2019–2021 ($MILLION)
FIGURE 58.LIGHTSPEED: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 59.LIGHTSPEED: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 60.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 61.ORACLE CORPORATION: REVENUE, 2018-2020 ($MILLION)
FIGURE 62.ORACLE CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 63.ORACLE CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 64.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 65.PAR TECHNOLOGY CORP.: REVENUE, 2018-2020 ($MILLION)
FIGURE  66.PAR TECHNOLOGY CORP.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 67.PAR TECHNOLOGY CORP.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 68.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 69.SHOPIFY INC.: REVENUE, 2018-2020 ($MILLION)
FIGURE 70.SHOPIFY INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 71.SHOPIFY INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 72.SQUARE, INC.: REVENUE, 2018-2020 ($MILLION)
FIGURE 73.SQUARE, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 74.SQUARE, INC.: REVENUE SHARE BY REGION, 2020 (%)

 
 

According to CXOs of the major companies, the Cloud POS market is experiencing a rapid growth, as retailers need a reliable Point of Sale (POS) system to generate more sales, maintain track of inventory, and give excellent customer service. Non-tech aware merchants, on the other hand, may find it difficult to determine which type of POS systems to invest in. Web-based and cloud-based POS systems have grown in popularity in recent years proving to be a viable option for small and medium-sized businesses. Cloud-based POS can be deployed as a Software as a Service (SaaS) that can be accessed via a web browser straight from the internet remotely.

Cloud POS systems provide employees and managers the option to monitor and control their business sales numbers in real-time. Moreover, cloud-based POS solutions can be accessed from anywhere, whereas traditional on-premises POS systems need them to either connect to a local network or use connected systems at a certain fixed location. Cloud POS systems provide flexibility and opportunities for the management and decision-makers to dynamically adjust prices according to demands from the consumers and other market competitions. Furthermore, cloud-based POS systems offer evolved payment systems like contactless payments and NFC payment systems

Cloud POS solutions boost sales efficiency and help analyze customer data in real time; this opens further opportunities for businesses to offer products and services according to the need of the customer demands. The Cloud POS market is competitive and comprises a number of regional and global vendors competing based on factors such as cost of solutions & services, reliability, efficiency of products, and support services. The market is concentrated with major players consuming 45-50% of the share. The degree of concentration is expected to remain the same during the forecast period. Furthermore, smaller businesses may not have access to such resources and may need to employ third party solutions to help them with their data analytical needs as in house solutions are expensive. Furthermore, third-party solutions offer a wealth of expertise from a variety of sectors, as well as related businesses/projects, which can immediately contribute positively toward the goals and needs of the company.

 

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