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:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
23.38%
CAGR
26.72%
Incremental Value
$10253.7mn
By Application
Retail and consumer goods
Travel and hospitality
Media and entertainment
Transport and logistics
Healthcare
By Component
Solution
Services
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.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Cloud Point Of Sale Market 2018 - 2022
Historic Market Size - Data Table on Global Cloud Point Of Sale Market 2018 - 2022 ($ million)