Global POS Restaurant Management Systems Strategic Business Report 2023: Innovations in Restaurant Technology Spur Development of Next-generation Restaurant POS Systems

DUBLIN, June 28, 2023 /PRNewswire/ — The “POS Restaurant Management Systems: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for POS Restaurant Management Systems estimated at US$11.2 Billion in the year 2022, is projected to reach a revised size of US$28.7 Billion by 2030, growing at a CAGR of 12.5% over the analysis period 2022-2030.
Hardware, one of the segments analyzed in the report, is projected to record a 11.8% CAGR and reach US$12.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 14.7% CAGR for the next 8-year period. The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 16.1% CAGRThe POS Restaurant Management Systems market in the U.S. is estimated at US$3.1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2030 trailing a CAGR of 16.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.2% and 11.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.Select Competitors (Total 149 Featured) –
AccuPOS Point of SaleATP (Ata Technology Platforms)BIM POSClover Network, Inc.EPOS Now Ltd.eZee Technosys Pvt. Ltd.Focus POS, Inc.FoodZaps Technology Pte LtdFujitsu America, Inc.Heartland Payment Systems, LLCIngenico GroupIntel CorporationLavuNCR CorporationOracle CorporationPAR Technology CorporationPAX TechnologyPOSist Technologies Pvt. Ltd.Revel Systems Inc.Samsung Electronics Co., Ltd.Shift4 Payments, LLCSilverWare POSSoftTouch POSToast, Inc.Toshiba Global Commerce SolutionsTouchBistro Inc.Key Topics Covered: I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW
Dining Out is More than Just Preference of Where Food is Consumed. It’s a Social Concept Which Interestingly Provides the Foundation for the Growth of the Restaurant Supply ChainEating Out is a Trillion Dollar Business, a Business Fact that Brings Cheer to the POS Restaurant Management Systems Market: Global Restaurants & Mobile Food Services (In US$ Billion) for Years 2022, 2024 & 2026What’s Ahead for Businesses & Markets?Shaken by the War, Global Oil Prices Spiral & Feed Inflationary Pressures: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2022War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation in 2022: Global Inflation Rates (In %) for the Years 2019 Through 2022After the Pandemic, Global Economic Uncertainty Surges Amidst War, Inflation, Political Tensions & Supply Chain Disruptions Aggravated by China’s Slowdown: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023CompetitionPOS Restaurant Management Systems – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)What is a POS System? Definition, Scope, Types & Its Significance in the Retail IndustryRecent Market ActivityInnovations2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
As Recovery Momentum in the Restaurant Industry Slips on Red Hot Inflation, Players in the Value Chain Face Uncertainty & Volatility in 2022A Recap of the Pandemic Impact on the Food Service Industry in 2020Year 2021 Witnessed a Long & Painful RecoveryThe Industry Slips Yet Gain in 2022 on War Induced Food InflationIn-depth Review of the Impact of Galloping Inflation on the Restaurant IndustryAmid Rising Inflation, Higher the Share of Food in Consumer Price Index Greater Will Be the Expense of Eating & Deeper the Impact on Restaurants: Food’s Share of Consumer Price Index (In %) by RegionWith Increasing Prices Continuing to Squeeze Living Standards Worldwide, Restaurant Business Feels the Sharp Sting of a Slowdown in Recovery: Global Growth in Consumer Prices (In %) for the Years 2020, 2021 2022, and 2023POS Solutions With Table Management Systems Rise in PopularityCOVID-19 Induced Accelerated Rise of Cloud Kitchens Drives Demand for Restaurant POS SystemsInnovations in Restaurant Technology Spur Development of Next-Generation Restaurant POS SystemsGrowing Use of Mobile POS Solutions for Tableside Ordering and PaymentsRising Affordability and Convenience Factor to Spur Adoption of Mobile POS Solutions: Global Mobile POS Payments (Total Transaction Value In US$ Billion) for the Years 2021, 2023 & 2025Total Number of Mobile POS Users (In Billion) for the Years 2021, 2023 & 2025Rise in Contactless Payments Highlights Demand for EMV Compliant POS SystemsRise of Blockchain in Restaurant POS Systems, a Megatrend of NoteIncorporation of AI in POS Systems Rises in PopularityCloud Based POS Solutions Witnesses a Sharp Rise in Demand. Here’s Why4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSISIV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/81w0yl
About ResearchAndMarkets.comResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
 
View original content:https://www.prnewswire.com/news-releases/global-pos-restaurant-management-systems-strategic-business-report-2023-innovations-in-restaurant-technology-spur-development-of-next-generation-restaurant-pos-systems-301865793.html
SOURCE Research and Markets 

DUBLIN, June 28, 2023 /PRNewswire/ — The “POS Restaurant Management Systems: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for POS Restaurant Management Systems estimated at US$11.2 Billion in the year 2022, is projected to reach a revised size of US$28.7 Billion by 2030, growing at a CAGR of 12.5% over the analysis period 2022-2030.

Hardware, one of the segments analyzed in the report, is projected to record a 11.8% CAGR and reach US$12.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 14.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 16.1% CAGR

The POS Restaurant Management Systems market in the U.S. is estimated at US$3.1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2030 trailing a CAGR of 16.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.2% and 11.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.

Select Competitors (Total 149 Featured) –

AccuPOS Point of SaleATP (Ata Technology Platforms)BIM POSClover Network, Inc.EPOS Now Ltd.eZee Technosys Pvt. Ltd.Focus POS, Inc.FoodZaps Technology Pte LtdFujitsu America, Inc.Heartland Payment Systems, LLCIngenico GroupIntel CorporationLavuNCR CorporationOracle CorporationPAR Technology CorporationPAX TechnologyPOSist Technologies Pvt. Ltd.Revel Systems Inc.Samsung Electronics Co., Ltd.Shift4 Payments, LLCSilverWare POSSoftTouch POSToast, Inc.Toshiba Global Commerce SolutionsTouchBistro Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Dining Out is More than Just Preference of Where Food is Consumed. It’s a Social Concept Which Interestingly Provides the Foundation for the Growth of the Restaurant Supply ChainEating Out is a Trillion Dollar Business, a Business Fact that Brings Cheer to the POS Restaurant Management Systems Market: Global Restaurants & Mobile Food Services (In US$ Billion) for Years 2022, 2024 & 2026What’s Ahead for Businesses & Markets?Shaken by the War, Global Oil Prices Spiral & Feed Inflationary Pressures: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2022War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation in 2022: Global Inflation Rates (In %) for the Years 2019 Through 2022After the Pandemic, Global Economic Uncertainty Surges Amidst War, Inflation, Political Tensions & Supply Chain Disruptions Aggravated by China’s Slowdown: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023CompetitionPOS Restaurant Management Systems – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)What is a POS System? Definition, Scope, Types & Its Significance in the Retail IndustryRecent Market ActivityInnovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

As Recovery Momentum in the Restaurant Industry Slips on Red Hot Inflation, Players in the Value Chain Face Uncertainty & Volatility in 2022A Recap of the Pandemic Impact on the Food Service Industry in 2020Year 2021 Witnessed a Long & Painful RecoveryThe Industry Slips Yet Gain in 2022 on War Induced Food InflationIn-depth Review of the Impact of Galloping Inflation on the Restaurant IndustryAmid Rising Inflation, Higher the Share of Food in Consumer Price Index Greater Will Be the Expense of Eating & Deeper the Impact on Restaurants: Food’s Share of Consumer Price Index (In %) by RegionWith Increasing Prices Continuing to Squeeze Living Standards Worldwide, Restaurant Business Feels the Sharp Sting of a Slowdown in Recovery: Global Growth in Consumer Prices (In %) for the Years 2020, 2021 2022, and 2023POS Solutions With Table Management Systems Rise in PopularityCOVID-19 Induced Accelerated Rise of Cloud Kitchens Drives Demand for Restaurant POS SystemsInnovations in Restaurant Technology Spur Development of Next-Generation Restaurant POS SystemsGrowing Use of Mobile POS Solutions for Tableside Ordering and PaymentsRising Affordability and Convenience Factor to Spur Adoption of Mobile POS Solutions: Global Mobile POS Payments (Total Transaction Value In US$ Billion) for the Years 2021, 2023 & 2025Total Number of Mobile POS Users (In Billion) for the Years 2021, 2023 & 2025Rise in Contactless Payments Highlights Demand for EMV Compliant POS SystemsRise of Blockchain in Restaurant POS Systems, a Megatrend of NoteIncorporation of AI in POS Systems Rises in PopularityCloud Based POS Solutions Witnesses a Sharp Rise in Demand. Here’s Why

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/81w0yl

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/global-pos-restaurant-management-systems-strategic-business-report-2023-innovations-in-restaurant-technology-spur-development-of-next-generation-restaurant-pos-systems-301865793.html

SOURCE Research and Markets

 

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