Global Cloud POS Industry was valued at USD 1.1 Billion in the year 2017. Global Cloud POSs Industry is further estimated to grow at a CAGR of 23% from 2019 to reach USD 5.61 Billion by the year 2025. A point-of-offer (POS) framework is an electronic substitution for a money enroll. The framework can record and process client orders, process credit and plastic swipes, and oversee stock. For the most part, a POS framework has a PC as its center, which is given particular Input/yield gadgets and application explicit projects. At the POS, vendors compute the measure of procurement by clients and plan solicitations. It is where clients influence installments for the products they to have obtained. After the installment is finished, clients are issued printed receipts of the exchange. Cloud-based POS takes into account more prominent adaptability, enhanced data the executives, and more noteworthy information security.
Global Cloud POS Industry Share and Size by 2025 (USD Billion)
Major market players in Cloud POS Industry are Teamwork Retail, quare Inc., Intuit, Lightspeed, Oracle Corporation, Cegid, Shopify, B2B Soft, SalonTarget, UTC RETAIL, Shop Keep, PAR Technology, RetailOps, Celerant Technology, TouchSuite, and other 6 companies brief information is provided in the report.
SWOT Analysis of Cloud POS Industry:
The segmentation is done on the basis of by Application Area, Component and by region. On the basis of application are, the global Cloud POS Industry is sub-segmented as Retail and Consumer Goods, Travel and Hospitality, Transportation and Logistics, Media and Entertainment, and Healthcare of which the Retail and Consumer Goods segment is expected to grow at the highest CAGR during the forecasted period due to rise in consumption and rapidly growing population.
By Application Area
• North America
o Rest of Europe
o Rest of Asia-Pacific
o Latin America
o Middle East & Africa