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% 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 Sale
• ATP (Ata Technology Platforms)
• BIM POS
• Clover Network, Inc.
• EPOS Now Ltd.
• eZee Technosys Pvt. Ltd.
• Focus POS, Inc.
• FoodZaps Technology Pte Ltd
• Fujitsu America, Inc.
• Heartland Payment Systems, LLC
• Ingenico Group
• Intel Corporation
• Lavu
• NCR Corporation
• Oracle Corporation
• PAR Technology Corporation
• PAX Technology
• POSist Technologies Pvt. Ltd.
• Revel Systems Inc.
• Samsung Electronics Co., Ltd.
• Shift4 Payments, LLC
• SilverWare POS
• SoftTouch POS
• Toast, Inc.
• Toshiba Global Commerce Solutions
• TouchBistro 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 Chain
• Eating 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 & 2026
• What’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 2022
• War-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 2022
• After 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 2023
• Competition
• POS 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 Industry
• Recent Market Activity
• Innovations

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 2022
• A Recap of the Pandemic Impact on the Food Service Industry in 2020
• Year 2021 Witnessed a Long & Painful Recovery
• The Industry Slips Yet Gain in 2022 on War Induced Food Inflation
• In-depth Review of the Impact of Galloping Inflation on the Restaurant Industry
• Amid 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 Region
• With 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 2023
• POS Solutions With Table Management Systems Rise in Popularity
• COVID-19 Induced Accelerated Rise of Cloud Kitchens Drives Demand for Restaurant POS Systems
• Innovations in Restaurant Technology Spur Development of Next-Generation Restaurant POS Systems
• Growing Use of Mobile POS Solutions for Tableside Ordering and Payments
• Rising 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 & 2025
• Total Number of Mobile POS Users (In Billion) for the Years 2021, 2023 & 2025
• Rise in Contactless Payments Highlights Demand for EMV Compliant POS Systems
• Rise of Blockchain in Restaurant POS Systems, a Megatrend of Note
• Incorporation of AI in POS Systems Rises in Popularity
• Cloud 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

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