Point of Sale Innovation-1, Project #13938

Project Details
Project Name :

Point of Sale Innovation-1, Project #13938

Project Category :

Uriel Corporation® (DBA: "Epic Ventures™") Projects

Description :

INDUSTRY STATISTICS:

The global POS Terminal market was valued at USD 72.28 billion in 2020 and is expected to reach USD 116.27 billion by 2026, registering a CAGR of 8.3%, during the forecast period of 2021-2026. The POS terminal market has grown significantly over the past few years, owing to its ability to offer an increased return on investment and ease of access. POS systems that facilitate transactions from the central component of businesses across industries, like retail, hospitality, transportation, and banking, have gained importance in companies of small and big sizes over the years.

SOURCE: https://www.mordorintelligence.com/

The global Point of Sale (PoS) market is projected to grow from $25.24 billion in 2022 to $70.75 billion by 2029, at a CAGR of 15.9% in forecast period

SOURCE: https://www.fortunebusinessinsights.com/point-of-sale-pos-market-106336

POS terminal market size in the U.S. 2015-2018, with forecasts up until 2025. This statistic shows the size of the point-of-sale hardware market in the United States from 2015 to 2025, by component. In 2018, the POS hardware market in the U.S. was worth 7.73 billion U.S. dollars and was set to reach 9.54 billion U.S. dollars by 2025.

SOURCE: https://www.statista.com/

The global point of sale software market size was valued at USD 9.26 billion in 2020 and is expected to register a compound annual growth rate (CAGR) of 9.5% from 2021 to 2028.

SOURCE: https://www.grandviewresearch.com/industry-analysis/point-of-sale-pos-software-market

Requirements For National, Regional, or Global Commercialization:

1) Global Intellectual Property Cooperative Development Agreements. (To Be Discussed.)

2) Patent Litigation & Defense Fund/Insurance Cooperative Agreements. (To Be Discussed.)

3) Engineering, Development & Prototyping Cooperative Agreements. Estimated time required = 6 months to a year. (To Be Discussed.)

4) Key Executive & Project Commercialization Team Agreements, Employee Agreements, Recruiting Firm Agreements, Third-Party Operations Management Agreements, Installation & Service Technician Agreements, Warranty Services Agreements, and other Third-Party Consulting Agreements. (To Be Discussed.)

5) Production Manufacturing & Tooling Agreements. (To Be Discussed.)

6) Internal and External Marketing & Sales Agreements. (To Be Discussed.)

7) Website Development & Management Agreements; Social Media Development & Management Agreements; Online Advertising & Public Relations Agreements; E-commerce & E-Store Development & Management Agreements. (To Be Discussed.)

8) Distribution, E-Store, Manufacturing Rep, and Channel Partners Alliance Partner Agreements. (To Be Discussed.)

9) Equity Crowd Funding Platform Agreements; Fund-Raising Agreements; Loan, Credit Line, or other Financing Agreements; Business Broker Agreements, Merger & Acquisition Advisory Agreements, and or other related Agreements. (To Be Discussed.)

*NOTICE: Further Agreements or Other Agreements may be required for National, Regional, or Global Commercialization that may pertain to the project above. The Agreements shown above are only general requirements. Please further note that Uriel Corporation® (DBA: Epic Ventures™) reserves the right to cancel, abandon or withdraw, edit, amend, or replace this project for another project at its sole discretion. Uriel Corporation® (DBA: Epic Ventures™) reserves the right to remove this project from its activities, from its commercialization interests and from its pursuits. Please note that a listing on this site does not guarantee that this project will be commercially available, nor does a listing on this website guarantee that Uriel Corporation® (DBA: Epic Ventures™) will pursue any actual or potential collaborations with third parties. A project listing on this site does not guarantee that third parties will be able to participate in the commercial pursuit of this project or related ventures. Collaborations that might result from this listing are not guaranteed to succeed. Collaborators that wish to work with Uriel Corporation® (DBA: Epic Ventures™) on this project do so entirely at their own risk. Collaborators are urged to perform their own proper due diligence and they are urged to seek their own counsel to determine whether they should participate in this commercialization venture. All information, documents, designs, plans or other materials that may be obtained or communicated from Uriel Corporation® (DBA: Epic Ventures™) that may pertain to this project are the property of Uriel Corporation® (DBA: Epic Ventures™) and may be used by the recipient only for the purposes specifically intended by Uriel Corporation® (DBA: Epic Ventures™). The information that may be transmitted, including any emails, attachments, phone communications, faxes, snail mail, virtual meetings, physical meetings, or communications otherwise, is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, re-transmission, dissemination, or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited, and all liability arising therefrom is disclaimed. All collaborators shall agree to enter into NDAs/Non-Compete Agreements that will be required before any collaborations related to this project are further formalized in writing.