Restaurant POS Software market was worth USD 15234.3 Million in 2023. As such, the forecast is that the market is expected to reach USD 23565.19 Million by 2030 with a CAGR of 6.43% over the period from 2023 to 2030.
Restaurant point of sale (POS) software is the brains behind the modern restaurant. It goes beyond just processing transactions like a traditional cash register. This software can track inventory, analyze sales data to identify trends, and even help manage staff. Many POS systems also allow for online ordering and reservation capabilities, making them a one-stop shop for streamlining restaurant operations.
Key Prominent Players In The Restaurant POS Software Market:
· Oracle (U.S.)
· Infor. (U.S.)
· Toshiba Tec Corporation (Japan)
· SpotOn Transact, LLC (U.S.)
· Clover Network, Inc. (U.S.)
· Epos Now (U.K.)
· eZee BurrP! (India)
· Future POS. (U.S.)
· Global Retail Technology Limited. (U.K.)
· Guest Innovations, Inc. (U.S.)
· Kitchen CUT Limited (U.K.)
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Global Restaurant POS Software Market Segmentation:
· Software
· Hardware
· Services
By Type
· Terminal POS System
· Tablet POS System
· Mobile POS System
· Online POS System
· Self-Service Kiosk POS System
By Operating System
· Android
· MAC
· Dos System
· Windows System
· Linux System
By Application
· Inventory Management
· Employee Clocking
· Tablet Compatibility
· Receipt Printing
· Menu Building
· Accounting Integration
· Credit/Debit Card Processing
By Enterprise Size
· Large Enterprises
· SME’s
By Deployment Mode
· Cloud
· On-Premise
By Restaurant Type
· Full Service Restaurants (FSR)
· Quick Service Restaurants (QSR)
Geographic Segment Covered in the Report:
· North America (US, Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Restaurant POS Software market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Restaurant POS Software market segments and regions.
Restaurant POS Software Market Trend Analysis
Mobile Ordering and Delivery: The rise of online food ordering and delivery apps has fueled the demand for POS systems that seamlessly integrate with these platforms.
Focus on Data and Analytics: Restaurants are increasingly using POS data to gain insights into customer preferences, optimize menus, and improve operational efficiency.
All-in-One Solutions: Restaurant owners are looking for comprehensive solutions that handle everything from order management and inventory control to staff scheduling and customer relationship management (CRM).
Self-Service Kiosks: Diners are embracing the convenience of self-service kiosks, which can reduce wait times and improve order accuracy. POS systems that integrate with kiosks are becoming increasingly popular.
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