Global Restaurant POS Software Market is Expected to Grow at 6.9% in the Forecast Period of 2021 to 2028

Global Restaurant POS Software Market is forecasted to grow at 6.9% with factor such as digitization in restaurant operations.

Restaurant POS Software market has shown an exceptional penetration in countries such as Germany. Increasing focus toward efficient supply chain and order management is boosting the growth in developed countries. In developing countries, growing restaurant infrastructure in countries, is creating opportunity for the global restaurant POS software market.

Restaurant POS Software Market Scenario

According to Data Bridge Market Research, the market for restaurant POS software in North America has market growth of 6.9%. Market leader is Oracle, which accounts an estimated market share of approximately 20% to 30%, globally. The company has gained outstanding sales through their Oracle MICROS Simphony POS solution.

  • In August 2019, Oracle announced that Za Pizza Bistro is using Oracle MICROS Simphony Point of Sale solutions in Winnipeg and Toronto. This solution helped the client to deliver speedy service and seamless ordering and payments for their guests. This has helped the company to enhance their customer base and to grow in the market.

Restaurant POS Software MarketTrends Impacting the Market

Now the question is which other regions Oracle, Infor, Toshiba Tec Corporation, are targeting? Data Bridge Market Research has estimated moderate growth in North America restaurant POS software market and the market leaders targeting U.S., Canada and Mexico to be their next revenue pockets for 2021.

The restaurant POS software market is becoming more competitive every year with companies such Oracle, Infor, Toshiba Tec Corporation, as they are the market leaders for restaurant POS software market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the restaurant POS software market.

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Restaurant POS Software Market Development

  • In November 2020, Infor announced launch of OrderNow which is a contactless ordering solution. This new product is an extension of Infor POS. OrderNow help the hospitality industry to better navigate the operational challenges due to pandemic. This new product helps the hospitality industry including hotels, restaurants, campus cafeterias and others to provide greater customer satisfaction and increased order accuracy. This has helped the company to enhance their offerings in the market.

Scope of the Restaurant POS Software Market

Global Restaurant POS Software market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, France, Russia, U.K., Italy, Spain, Netherlands, Belgium, Switzerland, Turkey, and Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East and Africa.

  • On the basis of component, the restaurant POS software market is segmented into software, hardware and services. On the basis of type, the restaurant POS software market has been segmented into mobile POS system, tablet POS system, terminal POS system, online POS system, self-service kiosk POS system and others. On the basis of operating system, the restaurant POS software market has been segmented into DOS system, linux system, windows system, MAC and android. On the basis of usage, the restaurant POS software market has been segmented into online and offline. On the basis of application, the restaurant POS software market has been segmented into employee clocking, inventory management, tracking & reporting, tablet compatibility, credit/debit card processing, receipt printing, accounting integration, menu building and others. On the basis of deployment mode, the restaurant POS software market has been segmented into on-premise and cloud. On the basis of enterprise size, the restaurant POS software market has been segmented into large enterprises and SME’s. On the basis of restaurant type, the restaurant POS software market has been segmented into quick service restaurants (QSR) and full service restaurants (FSR).

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Key Pointers Covered in Restaurant POS Software Market Industry Trends and Forecast to 2028

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Oracle
  • Infor
  • Toshiba Tec Corporation
  • NCR Corporation
  • LAVU Inc.
  • Lightspeed
  • LimeTray
  • Revel Systems
  • Worldline
  • TouchBistro Inc.
  • Talech Inc.
  • Square Inc.
  • POSitouch
  • PAR Technology Corp.
  • Global Retail Technology Limited
  • Loyverse
  • Mad Mobile
  • Kitchen CUT Limited
  • eZee BurrP!
  • Future POS
  • Guest Innovations Inc.
  • Clover Network Inc.
  • Appetize Technologies Inc.
  • Toast Inc.
  • Shift4 Payments LLC
  • SpotOn Transact Inc.
  • EPOS Now

Above are the key players covered in the report, to know about more and exhaustive list of restaurant POS software companies’, contact us

Research Methodology: Global Restaurant POS Software Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Managers, Hotels, Restaurant Chains, Consultants
  • Supply Side: Service Providers, Product Managers, Product Designer, Marketing Managers, C-Level Executives, Market Intelligence, and Regulatory Affairs Managers among others.

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