Cloud Point of Sale (POS) Market Size, Share, Industry Trends, Analysis 2022-2027
The latest research study “ Cloud Point of Sale (POS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” by IMARC Group, finds that t he global cloud pos market size reached US$ 2.76 Billion in 2021 . Looking forward, IMARC Group expects the market to reach US$ 10.23 Billion by 2027 , exhibiting at a CAGR of 23.20% during 2022-2027. What is Cloud Point of Sale (POS)? A cloud POS refers to a web-based point-of-sale system that enables businesses to manage consumer transactions and business operations through the internet. It utilizes various hardware, software, and service-based solutions to process transactions while selling a product or service. It eliminates the need for large, expensive servers, efficiently handles POS terminals across different locations and provides improved service delivery to customers. It is more accurate and convenient to use than hardwired POS systems. It also inc...