Cloud POS Market Analysis Report 2024 to 2031
Cloud POS Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 3.26 billion |
Market Size by 2031 | US$ 18.28 billion |
Global CAGR (2023 - 2031) | 24.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Cloud POS Market News and Recent Developments
The cloud POS market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the cloud POS market:
- In September 2022, Square, Inc. (now known as Block, Inc.) introduced millions of vendors across the United States to its Tap to Pay feature on iPhone. The feature, available within the Square Point of Sale iOS app, allowed merchants of all sizes to accept contactless payments directly from their iPhones, with no additional hardware requirement and at no additional costs to the seller.
(Source: Square, Inc., Press Release)
- In June 2022, Openbravo announced the launch of its brand new Point-of-Sale (POS) for Quick Service Restaurants (QSR) and Fast Casual Restaurants. Key features of the solution include the fast and flexible creation of menus and a powerful pricing engine with options like the definition of specific prices based on restaurant areas and delivery modes.
(Source: Openbravo, Press Release)
Cloud POS Market Report Coverage and Deliverables
The "Cloud POS Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- Cloud POS market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Cloud POS market dynamics, such as drivers, restraints, and key opportunities
- Cloud POS market trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Cloud POS market industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles