Oracle, Infor, and Toshiba Tec Corporation are Dominating the Global Restaurant POS Software Market in 2020

Global Restaurant POS Software Market is expected to grow with the CAGR of 6.9% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global restaurant POS software market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global restaurant POS software market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

Oracle is the dominating player in the market and the other players in the market are Infor., Toshiba Tec Corporation, NCR Corporation, Toast, Inc., Appetize Technologies, Inc., Clover Network, Inc., Epos Now, eZee BurrP!, Future POS., Global Retail Technology Limited., Guest Innovations, Inc., Kitchen CUT Limited, LAVU, INC., Lightspeed, LimeTray., Loyverse, Mad Mobile., PAR Technology Corp., POSitouch, Revel Systems., Shift4 Payments, LLC, SpotOn Transact, Inc., Square, Inc., talech, Inc., TouchBistro Inc., Worldline among others.

Oracle

Oracle headquartered in California, U.S. was founded in year 1997. The company is engaged in manufacturing and providing information technology (IT) environments and IT deployment models for enterprises. The company deals in business segments such as cloud and license, hardware, and services out of which cloud and license are the market focused business segment. The company offers wide range of product categories such as infrastructure, and applications out of which applications is the market focused product category.

The company has presence in America, Asia-Pacific, Europe, Middle East and Africa, generates revenue from subsidiaries such as NetSuite (U.S.), Taleo (U.S.), Art Technology Group (U.S.), Responsys (U.S.), Oracle Corporation Japan (Japan), among others. For instance,

  • 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.

Infor

Infor headquartered in New York, U.S., was founded in 2002. The company is engaged in manufacturing and providing business cloud software and technology products for companies. The company offers wide range of product categories such as Infor PLM Accelerate, PLM Discrete, Infor PLM for Fashion, Infor PLM for Process (Optiva), Infor POS (Point of Sale), Process Intelligence, Nexus Procure-to-Pay Automation, Product Lifecycle Management, Infor Production Scheduling, Professional Services Automation Suite, Property Management, Infor Birst, Infor Birst OEM and embedded analytics and Others out of which Infor POS (Point of Sale) is the market focused product category.

The company has wide global presence across the North America, South America, Asia-Pacific, Europe, Middle East and Australia, generates revenue from subsidiaries such as GT Nexus (U.S.), Pegasus Software (U.S.), Lawson Software Americas, Inc (America), Lawson Software (U.S.), Lawson Software Japan K K (Japan), among others. For instance,

  • 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.

Toshiba Tec Corporation

Toshiba Tec Corporation is headquartered in Tokyo, Japan, which was founded in 1995. The company is engaged in manufacturing and providing solutions and services to retail distribution, restaurant, logistics and manufacturing industries. The company deals in business segments which are Retail Solutions Business Group and Printing Solutions Business Group out of which Retail Solutions Business Group is the market focused business segment. The company has industry categories which are Amusement, Gasoline Stand/ Convenience Store, Healthcare, Hospitality, Pubic Services, Retail, Speciality and Transportation / Logistics out of which Hospitality is the market focused product category.

The company has wide global presence across the America, Asia Pacific and Europe, generates revenue from subsidiaries such as Toshiba Global Commerce Solutions (U.S.), Toshiba America Business Solutions, Inc. (U.S.), Toshiba TEC UK Imaging Systems LTD (U.K.), Toshiba TEC France Imaging Systems S.A. (France), Toshiba TEC Australia Pty., Ltd. (Australia), and others. For instance,

  • In January 2020, Toshiba Tec Corporation launched point-of-sale (POS) receipt printers for the hospitality market. The new receipt printers enhanced hospitality point-of-sale customer experience. This printer is IP21-certified, durable and splash-resistant design which protect against solid objects and liquids prevalent in restaurant, bar and hotel environments. This has helped the company to enhance their offerings and to grow in the market.