Cloud Pos Market
Cloud POS Market Forecasts to 2030 - Global Analysis By Type (Fixed Point Of Sale and Mobile Point Of Sale), Component (Services and Solution), Organization Size, End User and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $4.29 BN |
|
Projected Year Value (2030) |
US $17.98 BN |
|
CAGR (2023 - 2030) |
22.7% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia-Pacific |
According to Stratistics MRC, the Global Cloud POS Market is accounted for $4.29 billion in 2023 and is expected to reach $17.98 billion by 2030 growing at a CAGR of 22.7% during the forecast period. A web-based point-of-sale system termed a "cloud POS" allows businesses to conduct consumer transactions and oversee daily operations online. It comprises a variety of hardware, software, and service-based technologies that regulate the transaction process during the sale of a good or service. Cloud POS does away with the need for large, expensive servers, effectively maintains POS terminals across multiple locations, and enhances customer support.
According to the survey conducted by Master card International Incorporated in April 2020, 79% of people worldwide have started using contactless payments during the COVID-19 pandemic time.
Market Dynamics:
Driver:
Increased flexibility and mobility
Any device with an internet connection can use a cloud-based POS system. The ability to monitor labour utilisation percentages, inventory counts, and productivity data in real time is made possible by this. The information is constantly up-to-date and accessible from any remote place. Additionally, it also offers the benefit of expanding your system with additional mobile devices for greater mobility. Customers can take advantage of this benefit by using a mobile POS system's capabilities. The improved mobility advantages offered by these installations expand the market growth.
Restraint
Lack of awareness and standardisation
The lack of worldwide system standardisation and low customer knowledge of the same pose the biggest challenges to the cloud POS market. The main difficulties facing providers of cloud POS systems are gaining consumer acceptance and successfully developing vertical markets. Although most consumers are unaware of the possibilities on the market, they are in need of a workable cash substitute. Additionally, consumers in industrialised nations shy away from utilising wireless payment cards due to security concerns; consumers in poor nations are largely uninformed of wireless payment technologies.
Opportunity:
Low operational costs
Businesses save money by only paying for the services they actually use instead of the fail-safe safeguards and requirements for future-proofing that traditional on-premises POS requires. The solutions provider will also handle the maintenance and upkeep of cloud-based POS solutions, so business owners are not concerned about these POS systems running continuously. With cloud-based POS systems, businesses can operate with a smaller internal IT team, saving on the training and payroll costs related to maintaining a full-size IT department as required by on-premises POS solutions. Vendors and solution providers handle the maintenance, performance, and upkeep of cloud-based POS systems, which enhances market growth.
Threat:
Exponential rise in cyberattacks
Modern intricate IT security environment is making cyberattacks more frequent on annually. Regarding security issues, many organisations have doubts about the general competence of cloud-based products. IT professionals who are used to working with on-premises POS systems frequently worry when switching to cloud-based POS because they worry about losing ownership and control. Another common misconception is that cloud-based POS is not yet developed enough to meet IT security requirements. Additionally, despite a surge in cloud-based POS acceptance, organisations are still not very aware of possible concerns including cloud security and malware.
Covid-19 Impact
During the pandemic, organisations encountered difficulties working with vendors, carrying out on-site installs, and aligning IT resources. As a result, the adoption and deployment of CIEM solutions were delayed. Organisations now confront new issues with managing user access and entitlements in a distributed environment as a result of the growing adoption of remote work. The sudden shift to remote work arrangements taxed the capacity of current entitlement management procedures and created concerns regarding data security.
The small and medium-sized enterprises segment is expected to be the largest during the forecast period
The small and medium-sized enterprise segment is estimated to hold the largest share, due to the largest growth is expected for SMEs during the forecast period. Vendors of cloud POS systems offer customized options for freelancers, small enterprises, and individuals. One of the most essential needs for small enterprises is cost-effectiveness, so there are some specific suppliers who may meet their needs. These suppliers provide SMEs with simple tools that make it very easy for them to manage people, projects, and assets. These simple tools also assist SMEs in fully utilizing the installed software. In the upcoming years, SMEs are anticipated to increasingly deploy cloud POS systems.
The transport and logistics segment is expected to have the highest CAGR during the forecast period
The transport and logistics segment is anticipated to have lucrative growth during the forecast period. With cloud POS, we can oversee the operations while on the road from any location with an internet connection. Logistics managers who may need to oversee many different places or track shipments in real-time will find this to be particularly useful. All the data, including sales, inventory, and customer data, has been centralized using cloud POS systems. This gives logistics managers up-to-the-minute data and thorough reports, enabling them to make data-driven choices to streamline operations and pinpoint problem areas.
Region with largest share:
North America commanded the largest market share during the extrapolated period due to the high demand for cloud-based services, North America is predicted to account for an important portion of the worldwide cloud POS market. The adoption of innovative products and services is supported by the region's advanced technological framework. In terms of accepting contactless payment methods, the United States and Canada are leading nations, encouraging regional market expansion. The use of cloud-based POS systems is further fuelled by the swift adoption of online payment options by American shops. Online transactions are essential for American cafe and restaurant proprietors, which has an impact on market expansion.
Region with highest CAGR:
Asia-Pacific is expected to witness profitable growth over the projection period. The increasing number of established companies is mostly responsible for the expansion. The region's increasing use of cloud-based services is further fostering the expansion of the cloud-based POS market. Countries like Singapore, China, and India are projected to have enormous development in the next few years due to the boom in cloud payment services. The expansion of the cloud POS market in the region will be fueled by the Asian SMEs' combined adoption of cloud-based solutions.
Key players in the market
Some of the key players in the Cloud POS Market include Oracle Corporation, Celerant Technology, Square Inc., Clover, Cegid, Touch Suite, Revel systems, Cegid, ERPLY. Shopify, PAR Technology, B2B Soft, UTC RETAIL, Salon Target, Intuit, Retail Ops, Omnico Group Dias Park and Ascent360.
Key Developments:
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.
In June 2021, Ascent360 announced an app store connected with Light speed to bring PoS and e-commerce data to life. Because of the combined power of these technologies, businesses were able to absorb critical consumer data, segment customers, and provide personalized omni channel communications to engage better and retain customers.
Types Covered:
• Fixed Point Of Sale
• Mobile Point Of Sale
Components Covered:
• Services
• Solution
Organization Sizes Covered:
• Small and Medium-Sized Enterprises
• Large Enterprises
End Users Covered:
• Healthcare
• Retail and E-Commerce
• Transport and Logistics
• Media and Entertainment
• Travel and Hospitality
• Other End-Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Cloud POS Market, By Type
5.1 Introduction
5.2 Fixed Point Of Sale
5.3 Mobile Point Of Sale
6 Global Cloud POS Market, By Component
6.1 Introduction
6.2 Services
6.2.1 Consulting Services
6.2.2 Support and Training Services
6.2.3 Implementing and Integration Services
6.3 Solution
7 Global Cloud POS Market, By Organization Size
7.1 Introduction
7.2 Small and Medium-Sized Enterprises
7.3 Large Enterprises
8 Global Cloud POS Market, By End user
8.1 Introduction
8.2 Healthcare
8.3 Retail and E-Commerce
8.4 Transport and Logistics
8.5 Media and Entertainment
8.6 Travel and Hospitality
8.7 Other End-Users
9 Global Cloud POS Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Oracle Corporation
11.2 Celerant Technology
11.3 Square Inc.
11.4 Clover
11.5 Cegid
11.6 TouchSuite.
11.7 Revel systems
11.8 Cegid
11.9 ERPLY.
11.10 Shopify
11.11 PAR Technology
11.12 B2B Soft
11.13 UTC RETAIL
11.14 SalonTarget
11.15 Intuit
11.16 RetailOps
11.17 Omnico Group
11.18 Diaspark
11.19 Ascent360
List of Tables
1 Global Cloud POS Market Outlook, By Region (2021-2030) ($MN)
2 Global Cloud POS Market Outlook, By Type (2021-2030) ($MN)
3 Global Cloud POS Market Outlook, By Fixed Point Of Sale (2021-2030) ($MN)
4 Global Cloud POS Market Outlook, By Mobile Point Of Sale (2021-2030) ($MN)
5 Global Cloud POS Market Outlook, By Component (2021-2030) ($MN)
6 Global Cloud POS Market Outlook, By Services (2021-2030) ($MN)
7 Global Cloud POS Market Outlook, By Consulting Services (2021-2030) ($MN)
8 Global Cloud POS Market Outlook, By Support and Training Services (2021-2030) ($MN)
9 Global Cloud POS Market Outlook, By Implementing and Integration Services (2021-2030) ($MN)
10 Global Cloud POS Market Outlook, By Solution (2021-2030) ($MN)
11 Global Cloud POS Market Outlook, By Organization Size (2021-2030) ($MN)
12 Global Cloud POS Market Outlook, By Small and Medium-Sized Enterprises (2021-2030) ($MN)
13 Global Cloud POS Market Outlook, By Large Enterprises (2021-2030) ($MN)
14 Global Cloud POS Market Outlook, By End user (2021-2030) ($MN)
15 Global Cloud POS Market Outlook, By Healthcare (2021-2030) ($MN)
16 Global Cloud POS Market Outlook, By Retail and E-Commerce (2021-2030) ($MN)
17 Global Cloud POS Market Outlook, By Transport and Logistics (2021-2030) ($MN)
18 Global Cloud POS Market Outlook, By Media and Entertainment (2021-2030) ($MN)
19 Global Cloud POS Market Outlook, By Travel and Hospitality (2021-2030) ($MN)
20 Global Cloud POS Market Outlook, By Other End-Users (2021-2030) ($MN)
21 North America Cloud POS Market Outlook, By Country (2021-2030) ($MN)
22 North America Cloud POS Market Outlook, By Type (2021-2030) ($MN)
23 North America Cloud POS Market Outlook, By Fixed Point Of Sale (2021-2030) ($MN)
24 North America Cloud POS Market Outlook, By Mobile Point Of Sale (2021-2030) ($MN)
25 North America Cloud POS Market Outlook, By Component (2021-2030) ($MN)
26 North America Cloud POS Market Outlook, By Services (2021-2030) ($MN)
27 North America Cloud POS Market Outlook, By Consulting Services (2021-2030) ($MN)
28 North America Cloud POS Market Outlook, By Support and Training Services (2021-2030) ($MN)
29 North America Cloud POS Market Outlook, By Implementing and Integration Services (2021-2030) ($MN)
30 North America Cloud POS Market Outlook, By Solution (2021-2030) ($MN)
31 North America Cloud POS Market Outlook, By Organization Size (2021-2030) ($MN)
32 North America Cloud POS Market Outlook, By Small and Medium-Sized Enterprises (2021-2030) ($MN)
33 North America Cloud POS Market Outlook, By Large Enterprises (2021-2030) ($MN)
34 North America Cloud POS Market Outlook, By End user (2021-2030) ($MN)
35 North America Cloud POS Market Outlook, By Healthcare (2021-2030) ($MN)
36 North America Cloud POS Market Outlook, By Retail and E-Commerce (2021-2030) ($MN)
37 North America Cloud POS Market Outlook, By Transport and Logistics (2021-2030) ($MN)
38 North America Cloud POS Market Outlook, By Media and Entertainment (2021-2030) ($MN)
39 North America Cloud POS Market Outlook, By Travel and Hospitality (2021-2030) ($MN)
40 North America Cloud POS Market Outlook, By Other End-Users (2021-2030) ($MN)
41 Europe Cloud POS Market Outlook, By Country (2021-2030) ($MN)
42 Europe Cloud POS Market Outlook, By Type (2021-2030) ($MN)
43 Europe Cloud POS Market Outlook, By Fixed Point Of Sale (2021-2030) ($MN)
44 Europe Cloud POS Market Outlook, By Mobile Point Of Sale (2021-2030) ($MN)
45 Europe Cloud POS Market Outlook, By Component (2021-2030) ($MN)
46 Europe Cloud POS Market Outlook, By Services (2021-2030) ($MN)
47 Europe Cloud POS Market Outlook, By Consulting Services (2021-2030) ($MN)
48 Europe Cloud POS Market Outlook, By Support and Training Services (2021-2030) ($MN)
49 Europe Cloud POS Market Outlook, By Implementing and Integration Services (2021-2030) ($MN)
50 Europe Cloud POS Market Outlook, By Solution (2021-2030) ($MN)
51 Europe Cloud POS Market Outlook, By Organization Size (2021-2030) ($MN)
52 Europe Cloud POS Market Outlook, By Small and Medium-Sized Enterprises (2021-2030) ($MN)
53 Europe Cloud POS Market Outlook, By Large Enterprises (2021-2030) ($MN)
54 Europe Cloud POS Market Outlook, By End user (2021-2030) ($MN)
55 Europe Cloud POS Market Outlook, By Healthcare (2021-2030) ($MN)
56 Europe Cloud POS Market Outlook, By Retail and E-Commerce (2021-2030) ($MN)
57 Europe Cloud POS Market Outlook, By Transport and Logistics (2021-2030) ($MN)
58 Europe Cloud POS Market Outlook, By Media and Entertainment (2021-2030) ($MN)
59 Europe Cloud POS Market Outlook, By Travel and Hospitality (2021-2030) ($MN)
60 Europe Cloud POS Market Outlook, By Other End-Users (2021-2030) ($MN)
61 Asia Pacific Cloud POS Market Outlook, By Country (2021-2030) ($MN)
62 Asia Pacific Cloud POS Market Outlook, By Type (2021-2030) ($MN)
63 Asia Pacific Cloud POS Market Outlook, By Fixed Point Of Sale (2021-2030) ($MN)
64 Asia Pacific Cloud POS Market Outlook, By Mobile Point Of Sale (2021-2030) ($MN)
65 Asia Pacific Cloud POS Market Outlook, By Component (2021-2030) ($MN)
66 Asia Pacific Cloud POS Market Outlook, By Services (2021-2030) ($MN)
67 Asia Pacific Cloud POS Market Outlook, By Consulting Services (2021-2030) ($MN)
68 Asia Pacific Cloud POS Market Outlook, By Support and Training Services (2021-2030) ($MN)
69 Asia Pacific Cloud POS Market Outlook, By Implementing and Integration Services (2021-2030) ($MN)
70 Asia Pacific Cloud POS Market Outlook, By Solution (2021-2030) ($MN)
71 Asia Pacific Cloud POS Market Outlook, By Organization Size (2021-2030) ($MN)
72 Asia Pacific Cloud POS Market Outlook, By Small and Medium-Sized Enterprises (2021-2030) ($MN)
73 Asia Pacific Cloud POS Market Outlook, By Large Enterprises (2021-2030) ($MN)
74 Asia Pacific Cloud POS Market Outlook, By End user (2021-2030) ($MN)
75 Asia Pacific Cloud POS Market Outlook, By Healthcare (2021-2030) ($MN)
76 Asia Pacific Cloud POS Market Outlook, By Retail and E-Commerce (2021-2030) ($MN)
77 Asia Pacific Cloud POS Market Outlook, By Transport and Logistics (2021-2030) ($MN)
78 Asia Pacific Cloud POS Market Outlook, By Media and Entertainment (2021-2030) ($MN)
79 Asia Pacific Cloud POS Market Outlook, By Travel and Hospitality (2021-2030) ($MN)
80 Asia Pacific Cloud POS Market Outlook, By Other End-Users (2021-2030) ($MN)
81 South America Cloud POS Market Outlook, By Country (2021-2030) ($MN)
82 South America Cloud POS Market Outlook, By Type (2021-2030) ($MN)
83 South America Cloud POS Market Outlook, By Fixed Point Of Sale (2021-2030) ($MN)
84 South America Cloud POS Market Outlook, By Mobile Point Of Sale (2021-2030) ($MN)
85 South America Cloud POS Market Outlook, By Component (2021-2030) ($MN)
86 South America Cloud POS Market Outlook, By Services (2021-2030) ($MN)
87 South America Cloud POS Market Outlook, By Consulting Services (2021-2030) ($MN)
88 South America Cloud POS Market Outlook, By Support and Training Services (2021-2030) ($MN)
89 South America Cloud POS Market Outlook, By Implementing and Integration Services (2021-2030) ($MN)
90 South America Cloud POS Market Outlook, By Solution (2021-2030) ($MN)
91 South America Cloud POS Market Outlook, By Organization Size (2021-2030) ($MN)
92 South America Cloud POS Market Outlook, By Small and Medium-Sized Enterprises (2021-2030) ($MN)
93 South America Cloud POS Market Outlook, By Large Enterprises (2021-2030) ($MN)
94 South America Cloud POS Market Outlook, By End user (2021-2030) ($MN)
95 South America Cloud POS Market Outlook, By Healthcare (2021-2030) ($MN)
96 South America Cloud POS Market Outlook, By Retail and E-Commerce (2021-2030) ($MN)
97 South America Cloud POS Market Outlook, By Transport and Logistics (2021-2030) ($MN)
98 South America Cloud POS Market Outlook, By Media and Entertainment (2021-2030) ($MN)
99 South America Cloud POS Market Outlook, By Travel and Hospitality (2021-2030) ($MN)
100 South America Cloud POS Market Outlook, By Other End-Users (2021-2030) ($MN)
101 Middle East & Africa Cloud POS Market Outlook, By Country (2021-2030) ($MN)
102 Middle East & Africa Cloud POS Market Outlook, By Type (2021-2030) ($MN)
103 Middle East & Africa Cloud POS Market Outlook, By Fixed Point Of Sale (2021-2030) ($MN)
104 Middle East & Africa Cloud POS Market Outlook, By Mobile Point Of Sale (2021-2030) ($MN)
105 Middle East & Africa Cloud POS Market Outlook, By Component (2021-2030) ($MN)
106 Middle East & Africa Cloud POS Market Outlook, By Services (2021-2030) ($MN)
107 Middle East & Africa Cloud POS Market Outlook, By Consulting Services (2021-2030) ($MN)
108 Middle East & Africa Cloud POS Market Outlook, By Support and Training Services (2021-2030) ($MN)
109 Middle East & Africa Cloud POS Market Outlook, By Implementing and Integration Services (2021-2030) ($MN)
110 Middle East & Africa Cloud POS Market Outlook, By Solution (2021-2030) ($MN)
111 Middle East & Africa Cloud POS Market Outlook, By Organization Size (2021-2030) ($MN)
112 Middle East & Africa Cloud POS Market Outlook, By Small and Medium-Sized Enterprises (2021-2030) ($MN)
113 Middle East & Africa Cloud POS Market Outlook, By Large Enterprises (2021-2030) ($MN)
114 Middle East & Africa Cloud POS Market Outlook, By End user (2021-2030) ($MN)
115 Middle East & Africa Cloud POS Market Outlook, By Healthcare (2021-2030) ($MN)
116 Middle East & Africa Cloud POS Market Outlook, By Retail and E-Commerce (2021-2030) ($MN)
117 Middle East & Africa Cloud POS Market Outlook, By Transport and Logistics (2021-2030) ($MN)
118 Middle East & Africa Cloud POS Market Outlook, By Media and Entertainment (2021-2030) ($MN)
119 Middle East & Africa Cloud POS Market Outlook, By Travel and Hospitality (2021-2030) ($MN)
120 Middle East & Africa Cloud POS Market Outlook, By Other End-Users (2021-2030) ($MN)
List of Figures
List of Figures
Figure 1 Global Cloud POS Market Outlook (2021-2030) ($MN)
Figure 2 North America Cloud POS Market Outlook (2021-2030) ($MN)
Figure 3 US Cloud POS Market Outlook (2021-2030) ($MN)
Figure 4 Canada Cloud POS Market Outlook (2021-2030) ($MN)
Figure 5 Mexico Cloud POS Market Outlook (2021-2030) ($MN)
Figure 6 Europe Cloud POS Market Outlook (2021-2030) ($MN)
Figure 7 Germany Cloud POS Market Outlook (2021-2030) ($MN)
Figure 8 UK Cloud POS Market Outlook (2021-2030) ($MN)
Figure 9 Italy Cloud POS Market Outlook (2021-2030) ($MN)
Figure 10 France Cloud POS Market Outlook (2021-2030) ($MN)
Figure 11 Spain Cloud POS Market Outlook (2021-2030) ($MN)
Figure 12 Rest of Europe Cloud POS Market Outlook (2021-2030) ($MN)
Figure 13 Asia Pacific Cloud POS Market Outlook (2021-2030) ($MN)
Figure 14 Japan Cloud POS Market Outlook (2021-2030) ($MN)
Figure 15 China Cloud POS Market Outlook (2021-2030) ($MN)
Figure 16 India Cloud POS Market Outlook (2021-2030) ($MN)
Figure 17 Australia Cloud POS Market Outlook (2021-2030) ($MN)
Figure 18 New Zealand Cloud POS Market Outlook (2021-2030) ($MN)
Figure 19 South Korea Cloud POS Market Outlook (2021-2030) ($MN)
Figure 20 Rest of Asia Pacific Cloud POS Market Outlook (2021-2030) ($MN)
Figure 21 South America Cloud POS Market Outlook (2021-2030) ($MN)
Figure 22 Argentina Cloud POS Market Outlook (2021-2030) ($MN)
Figure 23 Brazil Cloud POS Market Outlook (2021-2030) ($MN)
Figure 24 Chile Cloud POS Market Outlook (2021-2030) ($MN)
Figure 25 Rest of South America Cloud POS Market Outlook (2021-2030) ($MN)
Figure 26 Middle East & Africa Cloud POS Market Outlook (2021-2030) ($MN)
Figure 27 Saudi Arabia Cloud POS Market Outlook (2021-2030) ($MN)
Figure 28 UAE Cloud POS Market Outlook (2021-2030) ($MN)
Figure 29 Qatar Cloud POS Market Outlook (2021-2030) ($MN)
Figure 30 South Africa Cloud POS Market Outlook (2021-2030) ($MN)
Figure 31 Rest of Middle East & Africa Cloud POS Market Outlook (2021-2030) ($MN)
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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