Cloud POS Market to Garner Maximum Revenues by 2029 and Expected to Reach USD 8.82 billion with CAGR of 21.50% - Adroit Market Research

2022-10-10 14:30:42 By : Mr. YIFAN YIFAN

The study on the global cloud POS [Point of Sale] market, 2022 contains an introduction to the new trends which can help companies implemented in the industry to understand the market and to make policies for their business development accordingly. The report will give the answer to questions about the current development of the industry.

Dallas, Texas, Oct. 10, 2022 (GLOBE NEWSWIRE) -- One of the major driving forces behind the growth of the cloud point-of-sale market is the increasing usage of digital platforms. Owing of this, the usage of digital platforms for payments and money transfers is growing quickly. Likewise, the cloud point of sale enhances flexibility and mobility and supports quick and safe transactions. The expansion of the market will be fueled by the interoperability and remote accessibility that cloud POS solutions offer. To manage payroll in their offers, players offer a variety of capabilities, including online ordering & contactless payments, enhanced reporting & business intelligence, labor scheduling, inventory management, and HR services. Owners can boost total efficiency by using the program, which connects many company tasks on a single device. New software entering the market will also help to accelerate the expansion of the sector.

Over the next few years, it is also anticipated that a trend toward developing software for standalone buildings or terminals and an all-in-one system for retail/restaurant chains will favour industry growth. A POS programme provides the option of installation on a variety of gadgets, such as desktops, tablets, or laptops. Every vendor uses it since it is interoperable with every operating system.

Request for a sample report here: https://www.adroitmarketresearch.com/contacts/request-sample/1785

When updating the payment and transaction information online, a web-based point-of-sale system is referred to as a cloud-based POS. The need for large, pricey servers is eliminated as a result. The cloud point-of-sale system enables improved customer service delivery while facilitating the management of POS terminals across numerous locations. Using merely internet connections, this cloud POS system assists retailers in enabling transactions. To put it simply, compared to hardwired POS systems, cloud POS systems offer you a simple and flexible method of making payments. The size of the global cloud POS market was estimated to be worth USD 2.75 billion and is expected to increase to USD 8.82 billion by 2029, rising at a CAGR of 21.50% over that time.

During the projected period, the support and maintenance segment is anticipated to increase at the greatest CAGR. By utilizing cutting-edge Point-to-Point Encryption (P2PE) technology, the POS systems additionally provide protection against threats relating to the safety and security of sensitive cardholder/payment data. In addition to management, gateway, and maintenance services, POS services also include payment services.

In the upcoming years, North America will rule the market, since it provides one of the top cloud infrastructures in the sector. The overall growth is also being fueled by the presence of notable essential players. The Asia-Pacific region, however, will experience the greatest CAGR growth during the forecast period. The market for cloud point of sale is expanding at a faster rate thanks to the expanding e-commerce industries and businesses like Flipkart, Alibaba, Amazon, etc. Through card and digital transactions, they also encourage cashless payment.

Ask our Expert if You Have a Query at: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/1785

In June 2021, Lightspeed joined forces with the data-driven marketing platform Ascent360. This partnership aims to disseminate point-of-sale and e-commerce data throughout the world and enable merchants to use crucial consumer data, segment customers, and offer tailored omnichannel communications, all of which aid in attracting and keeping customers. Likewise, in June 2021, Ecwid and NuORDER were purchased by Lightspeed. Through Ecwid, which enables businesses to create online storefronts and connect with customers across all major digital platforms, the Lightspeed omnichannel approach will be expanded as a result of this acquisition.

Table of Contents for Cloud POS Market:

Chapter 1    Introduction

Chapter 2    Research Methodology

Chapter 3    Executive Summary

Chapter 4    Market Outlook

4.2    Value Chain Analysis

4.3    Market Dynamics

4.3.1.1 Rising Business Mobility and Flexibility

4.3.3.1 Increasing Cashless Transactions in Different Countries

4.4    Porter’s Five Forces Analysis

4.5    PEST Analysis

4.6.    Regulatory Landscape

4.7       COVID-19 Impact Analysis

Chapter 5    Cloud POS Market by Component

                     5.1.1    Solutions

Chapter 6    Cloud POS market by Enterprise Size

6.1.1   Small and Medium-Sized Enterprises

6.1.2     Large Enterprises

Chapter 7    Cloud POS Market by End User

7.1.1    Retail & Consumer Goods

7.1.2    Travel & Hospitality

7.1.3    Media & Entertainment

7.1.4    Transportation & Logistics

Chapter 8    Cloud POS Market by Region

8.2    North America

8.2.1    U.S.

8.3.4    Rest of Europe

8.4    Asia Pacific

8.4.4    Rest of Asia Pacific

8.5    Middle East & Africa

8.5.2    South Africa

8.5.3    Rest of Middle East & Africa

8.6    South America

8.6.2    Rest of South America

Chapter 9    Competitive Landscape

Chapter 10    Company Profiles

10.1      Square Inc

10.3    UTC RETAIL

10.4    Shop Keep

10.5    PAR Technology

10.7    B2B Soft

10.11    Other Companies

Direct Purchase Report @ https://www.adroitmarketresearch.com/researchreport/purchase/1785

About Us: Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Us: Ryan Johnson Account Manager - Global 3131 McKinney Ave Ste 600 Dallas, TX 75204 Email ID: sales@adroitmarketresearch.com Phone No.: +1-9726644514, +91-9665341414 Connect with us: Facebook | Twitter | LinkedIn

Oil prices have bounced around quite a bit this year. Brent oil, the global-pricing benchmark, started 2022 below $80 a barrel before soaring into the $120s following Russia's invasion of Ukraine. With the prospect of higher oil prices, we asked some of our energy contributors what oil stocks they believe are best positioned to capitalize following OPEC's bold move.

(Bloomberg) -- Russia has lost three-fifths of its seaborne crude sales in Europe since Moscow sent troops into Ukraine in February. That market is going to vanish almost completely eight weeks from now and the latest sanctions will make it very difficult to divert flows elsewhere.Crude shipments to Europe averaged 630,000 barrels a day in the four weeks to Oct. 7, down from 1.62 million before the invasion. Tankers carrying Russia’s oil are now forced to spend four times as long making each del

Thasunda Brown Duckett sees big changes coming on the retirement front. As MarketWatch turns 25, we asked the TIAA CEO what we will be covering in five years.

The global electric vehicle battery market is booming, and China is leading the charge, accounting for six of the world’s top ten EV battery producers

Employer-sponsored retirement plans are one of the best ways for working Americans to build wealth. They offer tax advantages, allow your money to grow over time and many employers even match your contributions. But the job market is changing and … Continue reading → The post Can You Lose Your 401(k)? appeared first on SmartAsset Blog.

The U.S. Supreme Court is set to hear arguments on Tuesday in an industry challenge to the constitutionality of a California animal welfare law in a case that could undermine the power of states to regulate a range of issues within their own borders. The National Pork Producers Council and the American Farm Bureau Federation are appealing a lower court's decision to throw out their lawsuit seeking to invalidate a 2018 ballot initiative passed by voters barring sales in California of pork, veal and eggs from animals whose confinement failed to meet minimum space requirements. The pork industry has defended the size of the cages used at pig farms as humane and necessary for animal safety.

Auto buyers’ appetite for battery-powered vehicles is helping elevate demand for their evolutionary predecessor, the gas-electric vehicle.

(Bloomberg) -- Washington unveiled sweeping curbs on the way chip companies do business with China’s tech industry, a series of restrictions that together represent some of the strongest actions taken so far to contain the rise of a geopolitical rival.The actions, which incensed Beijing and provoked accusations of unfair targeting, threaten to disrupt a global economy already dealing with a potential recession, soaring inflation and lingering supply snarls. Some analysts warn it could strike a f

When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.

Here's what a fundamental and technical analysis says about buying Google stock as Search advertising business holds up.

The three stocks that stood out to me are Taiwan Semiconductor (NYSE: TSM), Disney (NYSE: DIS), and Adobe (NASDAQ: ADBE). The company is a third-party manufacturer for chip leaders like Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), and dozens of other companies designing their own chips.

Oil prices remain at their highest levels since the end of August, after OPEC and its allies decided last week to reduce production.

Oil trades lower after the strongest weekly gain since March, losing ground after China data raises worries about demand from the world's largest crude importer.

(Bloomberg) -- Nestle SA and its rivals spent two years grappling with pandemic-related disruptions. Now the world’s biggest food companies are bracing for the next threat: a winter with too little gas to power their factories.In response, the foodmakers are pleading their case to policy makers, cutting back on energy use and converting gas-fired plants to oil to keep Europe’s shelves filled with staples like cereal, bread and yogurt -- even if natural gas supplies dry up.“Some companies will be

Auto maker says an improperly installed fastener could cause excess wheel tilt and a potential loss of steering control.

(Bloomberg) -- Investors in technology companies are focused more than ever on profits, following an era when low interest rates drove a speculative frenzy in money-losing companies. Unprofitable companies have underperformed this year and are likely to continue doing so, investors say. A slowing economy and the threat of recession make their stocks a riskier bet than usual, suggesting that the unwinding from the peak of pandemic-era speculation may not yet be done.A basket of money-losing tech

Shares in Chinese tech giants Alibaba Group and Tencent as well as in chipmakers slumped on Monday, as investors were spooked by new U.S. export control measures aimed at slowing Beijing's technological and military advances. The Biden administration published a sweeping set of export controls on Friday, including a measure to cut China off from certain semiconductors made anywhere in the world with U.S. equipment. The raft of measures, some of which take immediate effect, could amount to the biggest shift in U.S. policy toward exporting technology to China since the 1990s.

The Biden administration published a sweeping set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment, vastly expanding its reach in its bid to slow Beijing's technological and military advances. The rules, some of which take immediate effect, build on restrictions sent in letters this year to top toolmakers KLA Corp, Lam Research Corp and Applied Materials Inc, effectively requiring them to halt shipments of equipment to wholly Chinese-owned factories producing advanced logic chips. The raft of measures could amount to the biggest shift in U.S. policy toward shipping technology to China since the 1990s.

(Bloomberg) -- An investment decision on a $25 billion gas pipeline from Nigeria to Morocco that could supply the fuel to Europe will be taken next year, the head of the West African nation’s state oil company said.The Nigerian National Petroleum Co. and Morocco’s National Office of Hydrocarbons and Mines signed a memorandum of understanding last month that inched the long-gestating project closer to reality. The conduit is one of two such initiatives the NNPC is promoting in an effort to capita

The primary risk that retirees and those approaching retirement face is an obvious one: running out of money. However, a study published in the Journal of Financial Planning suggests reverse mortgages can help retirees protect their portfolios from market dips … Continue reading → The post This Strategy Can Preserve Your Retirement Savings in a Down Market appeared first on SmartAsset Blog.