Restaurant management

Global Restaurant POS Management Systems Industry Expected to Reach $18.2 Billion by 2026 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–Report “POS Restaurant Management Systems – Global Market Trajectory & Analytics” has been added to from ResearchAndMarkets.com offer.

The global Restaurant POS Management Systems Market, estimated to be worth US$11.3 billion in 2020, is expected to reach a revised size of US$18.2 billion by 2026, growing at a CAGR of 8. 5% over the analysis period.

Hardware, one of the segments analyzed in the report, is expected to grow at a CAGR of 7.8% to reach US$8.8 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and induced economic crisis, Software segment growth is readjusted to a revised CAGR of 10.3% for the next 7-year period. This segment currently accounts for a 36.3% share of the global restaurant POS management systems market. With contactless payments and mobile wallets like Google Pay and Apple Pay growing in popularity, mPOS systems are also better equipped to accommodate customers who simply want to tap or dip their phone to pay. Some mPOS software vendors also offer optional portable docking stations called sleds that allow the mobile device to read barcodes and print receipts.

The US market is estimated at $2.8 billion in 2021, while China is expected to reach $3.3 billion by 2026

The restaurant POS management system market in the United States is estimated to be worth US$2.8 billion in 2021. The country currently accounts for a 23.65% share of the global market. China, the world’s second largest economy, is expected to reach an estimated market size of US$3.3 billion in 2026, growing at a CAGR of 11.2% over the analysis period. Other noteworthy geographic markets include Japan and Canada, each forecasting growth of 6.1% and 8% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 6.9%, while the rest of the European market (as defined in the study) will reach US$3.7 billion by the end of the year. analysis period.

Select competitors (47 total featured) –

  • AccuPOS point of sale

  • POS BIM

  • Clover Network, Inc.

  • EPOS Now Ltd.

  • eZee Technosys Pvt. ltd.

  • Focus POS, Inc.

  • FoodZaps Technology Pte Ltd

  • Fujitsu America, Inc.

  • Heartland Payment Systems

  • Ingenico Group

  • Intel Corp.

  • The view

  • NCR Company

  • Oracle Corp.

  • PAR Technology Company

  • PAX technology

  • POSist Technologies Pvt. ltd.

  • Revel Systems Inc

  • Samsung Electronics Co Ltd

  • Shift4 Payments, LLC

  • ShopKeep

  • SilverWare POS

  • SoftTouch POS

  • Toast, Inc.

  • Toshiba Global Business Solutions

  • Touch Bistro Inc.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global Market Trajectories

  • Restaurant POS Management Systems – Percentage Market Share of Global Top Competitors in 2022 (E)

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Gamers Worldwide in 2022 (E)

  • 2020 has been a year of amazing disruption and incredible transformation

  • COVID-19 Leaves the World in Shambles & Disrupting Industries and Markets: Global Economic Growth Projections (Real GDP, % Annual Change) for 2019, 2020 and 2021

  • The first vaccines are here! Will it change existing economic realities? & Is this really the Silver Bullet we’ve been waiting for?

  • The speed at which the world is vaccinated will determine the end date of the pandemic: COVID-19 vaccines in millions of annual doses during the years 2020 to 2025

  • How are the restaurant, hotel and hospitality industries affected by the pandemic and what is the new normal?

  • What is a point of sale system? Definition, scope, types and importance in the retail sector

  • Recent market activity

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND DRIVERS

  • POS solutions with table management systems are gaining popularity

  • Accelerated COVID-19-Induced Rise of Cloud Kitchens Drives Demand for Restaurant POS Systems

  • Innovations in restaurant technology are driving the development of next-generation point-of-sale systems for restaurants

  • Growing use of mobile POS solutions for table orders and payments

  • Increasing Affordability and Convenience Factor to Drive Adoption of Mobile POS Solutions Globally: Global Mobile POS Payments: Total Transaction Value (USD Billion) for Years 2019, 2021, 2023 and 2025

  • Total number of mobile POS users (in billions) for the years 2019, 2021, 2023 and 2025

  • Rise of contactless payments highlights demand for EMV-compliant POS systems

  • Rise of Blockchain in Restaurant POS Systems, a megatrend worth noting

  • Integrating AI into point-of-sale systems is gaining popularity

4. GLOBAL MARKET OUTLOOK

III. MARKET ANALYSIS

IV. COMPETETION

For more information about this report visit https://www.researchandmarkets.com/r/45d5kf