Cloud Point of Sale (POS) Market 2019-2024: Key Findings, Trends, Regional Study, Top Key Players Profiles and Future Prospects

May 16, 2019

Global Cloud Point of Sale (POS) Market valued USD 1,046.0 million in 2017 and is expected to register a CAGR of 21.4% during the forecast period to reach USD 4,226.3 million by 2024.

Pune, India - May 16, 2019 /MarketersMedia/ —

Cloud Point of Sale Market Synopsis:
Digital transformation has made a significant impact on the commercial sector, particularly in retail and e-commerce. Additionally, digital transactions, especially through card payments, are increasing rapidly across verticals. The organizations are investing heavily for maintaining the traditional systems for a seamless transaction process. This eventually increases the capital and operational expenditures. However, advancements in cloud computing technology have reduced the need for legacy systems that includes on-site servers, hardware, and high licensing and subscription fees. Therefore, the cloud-based point of sale (POS) offers greater flexibility in maintaining central remote servers to maintain data and applications.

Cloud Point of Sale (POS) Market are web-based POS systems where the transactional information are transmitted through remote cloud services. The end users of the cloud POS avail this solution through subscription-basis instead of paying for the software.

The cloud-based POS systems can be easily installed on mobile devices and data can be accessed at any time from any Internet-connected computer or mobile device. It operates on client-side hardware, and with the help of a remote server the information can be processed and integrated with multiple sales channels.

An increase in adoption of efficient management of POS terminals across multiple locations, growing demand for e-commerce transactions in the retail and consumer goods sectors are some of the major factors that are expected to drive the growth lof the cloud POS market during the forecast period. However, the lack of infrastructure, and high dependence on legacy systems are likely to hinder the growth of the cloud POS market during the assessment period.

The global cloud POS market valued USD 1,046.0 million in 2017 and is expected to register a CAGR of 21.4% during the forecast period to reach USD 4,226.3 million by 2024.

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Major Key Players:
• Square Inc (US)
• Celerant Technology (US)
• TouchSuite (US)
• Clover (US)
• Revel systems (US)
• ERPLY (US)
• Cegid (France)
• PAR Technology (US)
• Shopify (Canada)
• UTC RETAIL (US)
• ShopKeep (US)
• B2B Soft (US)
• Intuit Inc (US)
• Lightspeed (Canada)
• Oracle Corporation (US)
• SalonTarget (US)
• RetailOps (US)
• Omnico Group (UK)
• Diaspark (US)
• Teamwork Retail (US)
• Jesta I.S. (Retail Process Engineering, LLC) (Canada)
• One Step Retail Solutions (US)
• Phorest (Ireland)

Regional Analysis:
Geographically, the global cloud POS market has been segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. North America accounted for the largest market in 2018 and the US is the leading country with respect to the deployment of POS solutions. Moreover, Asia-Pacific is expected to be the fastest-growing cloud POS market over the next few years.

The government initiatives to boost the retail and e-commerce sector and rapid investments from domestic vendors to develop the cloud-based infrastructure are factors expected to propel the market growth during the forecast period.

Segmentation:
The global cloud POS market has been segmented based on component, organization size, and end user.
• By component, the global cloud POS market has been divided into solutions and services. The services segment has been subdivided into implementing and integration services, consulting services, and support and training services.
• Based on organization size, the global cloud POS market has been categorized as small and medium-sized enterprises (SMEs) and large enterprises.
• On the basis of end user, the global cloud POS market has been divided into transport and logistics, healthcare, retail and e-commerce, travel and hospitality, and others.

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Competitive Analysis:
The vendors operating in the cloud POS are majorly from the US and Europe. The market players are adopting a partnership program with IT giants such as IBM Corporation, HP Inc., and Lenovo to expand its cloud POS solution that can be compatible with various operating platforms such as mobile, tablets, and desktop.

The vendors operating in the market are operating in the different regions through partnerships, value-added resellers, and system integrators to enter the untapped markets in Asia-Pacific.

Intended Audience:
• Cloud POS solutions providers
• Systems integrators
• Cloud services providers
• Government organizations
• Retail Vendors
• Local/Government Agencies
• Cloud Service Providers
• IT Providers
• Value-added Resellers
• Cloud Infrastructure Agencies
• Research Firms
• Software Vendors

Table of Contents
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Cloud POS Market, By Component
1.1.2 Global Cloud POS Market, By Organization Size
1.1.3 Global Cloud POS Market, By End User
1.1.4 Cloud POS Market, By Region
Continued…

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List of Tables
Table 1 Global Cloud POS Market, By Region, 2019–2024
Table 2 North America: Cloud POS Market, By Country, 2019–2024
Table 3 Europe: Cloud POS Market, By Country, 2019–2024
Continued…

List of Figures
Figure 1 Global Cloud POS Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of The Global Cloud POS Market
Continued…

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Chinese runner Zhao Jiaju became the first athlete to complete the 330km Tor des Géants in under 66 hours on Wednesday, breaking the course record to claim victory in Italy using a “fragmented sleep” strategy. Wearing bib No 1, he crossed the finish line in Courmayeur at 9.55am with a winning time of 65 hours, 55 minutes and 22 seconds, making history as the first Asian competitor to win the event. Widely regarded as one of the world’s most gruelling ultra-trail races, the flagship event offers...

Gillingham’s injury crisis has created a problem Ainsworth won’t mind
Sep 17, 2026

Gillingham’s injury crisis has created a problem Ainsworth won’t mind

Gillingham’s youngsters are making such an impression that some of the club’s senior players could find it difficult to win their shirts back.

LIVE UPDATES: Team Philippines at the 2026 Asian Games -- September 17 | Alas Pilipinas Women, Gilas Pilipinas Women, Filipinas football
Sep 17, 2026

LIVE UPDATES: Team Philippines at the 2026 Asian Games -- September 17 | Alas Pilipinas Women, Gilas Pilipinas Women, Filipinas football

Follow live updates as Alas Pilipinas, Gilas Pilipinas, and the Filipinas compete for the Philippines at the 2026 Asian Games on Thursday.

Philippine Women's National Football Team Filipinas at the 2026 Asian Games: Lineup and Schedule
Sep 17, 2026

Philippine Women's National Football Team Filipinas at the 2026 Asian Games: Lineup and Schedule

The Philippine Women"s National Football Team Filipinas opened their campaign at the 2026 Asian Games with a 1-1 draw against Uzbekistan.

SACOMBANK signs deal to sponsor national football leagues
Sep 17, 2026

SACOMBANK signs deal to sponsor national football leagues

Saigon Treasure Commercial Joint Stock Bank (SACOMBANK) has become the official sponsor of two football tournaments in the 2026-27 season following a signing ceremony September 16 in Hà Nội.

VTV to broadcast Asian Games in Việt Nam
Sep 17, 2026

VTV to broadcast Asian Games in Việt Nam

Việt Nam Television (VTV) has officially gained broadcasting rights to the 20th Asian Games (ASIAD), which will be held in Japan from September 19 to October 4.

Alas Pilipinas Women at the 2026 Asian Games: Lineup and Schedule
Sep 17, 2026

Alas Pilipinas Women at the 2026 Asian Games: Lineup and Schedule

The Alas Pilipinas Women are competing in the 2026 Asian Games and opened their campaign with a loss to China.

Việt Nam look to improve as they face hosts Japan
Sep 17, 2026

Việt Nam look to improve as they face hosts Japan

After the unexpected 1-2 loss to Chinese Taipei in Group E on September 14, coach Hoàng Văn Phúc asked his players to clear their minds and focus on their next task.

Daquis, Gonzaga ‘still happy’ playing, inspiring younger generation
Sep 17, 2026

Daquis, Gonzaga ‘still happy’ playing, inspiring younger generation

MANILA, Philippines — Jovelyn Gonzaga and Rachel Daquis have been around long enough to remember when Philippine volleyball was built around the Shakey’s V-League — the predecessor of the Premier Volleyball League (PVL)— when they were still playing together for Army. A decade later, the two veterans are still playing, now with ZUS Coffee entering

UAAP: Ateneo’s Kieffer Alas keeps focus on team goal after big debut
Sep 17, 2026

UAAP: Ateneo’s Kieffer Alas keeps focus on team goal after big debut

MANILA, Philippines—Kieffer Alas had one of the best UAAP debuts in recent memory, leading Ateneo to a 101-74 win over University of the East on Wednesday at Mall of Asia Arena. Alas, however, downplayed his dazzling performance that came close to setting a new UAAP record for most points scored in a debut. READ: UAAP

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