Restaurant Point Of Sale Terminals Market
Restaurant Point Of Sale Terminals - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Restaurant Point Of Sale Terminals Market is accounted for $14.67 billion in 2019 and is expected to reach $28.80 billion by 2027 growing at a CAGR of 8.8% during the forecast period. Growing preference for card-based transactions and increasing adoption of network-connected smart devices across the globe are the factors propelling the market growth. However, concerns related to data privacy and securities are hampering the market growth.
Restaurant point of sale terminal is an amalgamation of devices and integrated software. The POS terminals introduced in restaurants are needed for recording sales figures, billing, inventory control, and finance. Additionally, restaurant POS terminals can be utilized for table reservations, menu and order management, restaurant staff management, and order delivery management. The data collected on the POS terminal also aid owners for sales tax reporting and maintaining track of monthly, quarterly, and yearly sales.
Based on the component, the software segment is anticipated to hold considerable market share during the forecast period due to growing need for updating the POS software in restaurants to meet the growing consumer expectations and development of advanced software solutions that perform multiple business tasks by manufacturers. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to rapidly expanding and evolving foodservice industry in developing countries as a result of favourable demographic conditions and increased disposable income levels.
Some of the key players profiled in the Restaurant Point Of Sale Terminals Market include Revel Systems, POSsible POS, Oracle Corporation, NCR Corporation, LimeTray, Ingenico Group, Harbortouch Payments, LLC, EposNow, Dinerware, Inc., Aireus Inc., CAKE from Sysco, VeriFone Systems Inc., Clover Network, Inc., Action Systems, Inc., and PAX Technology Limited.
Components Covered:
• Hardware
• Service
• Software
Products Covered:
• Fixed
• Mobile
Deployments Covered:
• On-Premise
• Cloud
Applications Covered:
• Back-End
• Front-End
End Users Covered:
• Full-Service Restaurant (FSR)
• Quick Service Restaurant (QSR)
• Institutional
• Fast Food Restaurants
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Restaurant Point Of Sale Terminals Market, By Component
5.1 Introduction
5.2 Hardware
5.2.1 Touchscreen /Desktop
5.2.2 Swipe Card Machine
5.3 Service
5.4 Software
6 Global Restaurant Point Of Sale Terminals Market, By Product
6.1 Introduction
6.2 Fixed
6.2.1 Cash Counters Terminal
6.2.2 Self-Serve Kiosks
6.2.3 Vending Machine
6.3 Mobile
7 Global Restaurant Point Of Sale Terminals Market, By Deployment
7.1 Introduction
7.2 On-Premise
7.3 Cloud
8 Global Restaurant Point Of Sale Terminals Market, By Application
8.1 Introduction
8.2 Back-End
8.3 Front-End
9 Global Restaurant Point Of Sale Terminals Market, By End User
9.1 Introduction
9.2 Full-Service Restaurant (FSR)
9.2.1 Casual Dining
9.2.2 Fine Dining
9.3 Quick Service Restaurant (QSR)
9.4 Institutional
9.5 Fast Food Restaurants
9.6 Other End Users
9.6.1 Food Trucks
9.6.2 Cafes & Bistros
9.6.3 Bars & Pubs
10 Global Restaurant Point Of Sale Terminals Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Revel Systems
12.2 POSsible POS
12.3 Oracle Corporation
12.4 NCR Corporation
12.5 LimeTray
12.6 Ingenico Group
12.7 Harbortouch Payments, LLC
12.8 EposNow
12.9 Dinerware, Inc.
12.10 Aireus Inc.
12.11 CAKE from Sysco
12.12 VeriFone Systems Inc.
12.13 Clover Network, Inc.
12.14 Action Systems, Inc.
12.15 PAX Technology Limited
List of Tables
1 Global Restaurant Point Of Sale Terminals Market Outlook, By Region (2018-2027) ($MN)
2 Global Restaurant Point Of Sale Terminals Market Outlook, By Component (2018-2027) ($MN)
3 Global Restaurant Point Of Sale Terminals Market Outlook, By Hardware (2018-2027) ($MN)
4 Global Restaurant Point Of Sale Terminals Market Outlook, By Touchscreen /Desktop (2018-2027) ($MN)
5 Global Restaurant Point Of Sale Terminals Market Outlook, By Swipe Card Machine (2018-2027) ($MN)
6 Global Restaurant Point Of Sale Terminals Market Outlook, By Service (2018-2027) ($MN)
7 Global Restaurant Point Of Sale Terminals Market Outlook, By Software (2018-2027) ($MN)
8 Global Restaurant Point Of Sale Terminals Market Outlook, By Product (2018-2027) ($MN)
9 Global Restaurant Point Of Sale Terminals Market Outlook, By Fixed (2018-2027) ($MN)
10 Global Restaurant Point Of Sale Terminals Market Outlook, By Cash Counters Terminal (2018-2027) ($MN)
11 Global Restaurant Point Of Sale Terminals Market Outlook, By Self-Serve Kiosks (2018-2027) ($MN)
12 Global Restaurant Point Of Sale Terminals Market Outlook, By Vending Machine (2018-2027) ($MN)
13 Global Restaurant Point Of Sale Terminals Market Outlook, By Mobile (2018-2027) ($MN)
14 Global Restaurant Point Of Sale Terminals Market Outlook, By Deployment (2018-2027) ($MN)
15 Global Restaurant Point Of Sale Terminals Market Outlook, By On-Premise (2018-2027) ($MN)
16 Global Restaurant Point Of Sale Terminals Market Outlook, By Cloud (2018-2027) ($MN)
17 Global Restaurant Point Of Sale Terminals Market Outlook, By Application (2018-2027) ($MN)
18 Global Restaurant Point Of Sale Terminals Market Outlook, By Back-End (2018-2027) ($MN)
19 Global Restaurant Point Of Sale Terminals Market Outlook, By Front-End (2018-2027) ($MN)
20 Global Restaurant Point Of Sale Terminals Market Outlook, By End User (2018-2027) ($MN)
21 Global Restaurant Point Of Sale Terminals Market Outlook, By Full-Service Restaurant (FSR) (2018-2027) ($MN)
22 Global Restaurant Point Of Sale Terminals Market Outlook, By Casual Dining (2018-2027) ($MN)
23 Global Restaurant Point Of Sale Terminals Market Outlook, By Fine Dining (2018-2027) ($MN)
24 Global Restaurant Point Of Sale Terminals Market Outlook, By Quick Service Restaurant (QSR) (2018-2027) ($MN)
25 Global Restaurant Point Of Sale Terminals Market Outlook, By Institutional (2018-2027) ($MN)
26 Global Restaurant Point Of Sale Terminals Market Outlook, By Fast Food Restaurants (2018-2027) ($MN)
27 Global Restaurant Point Of Sale Terminals Market Outlook, By Other End Users (2018-2027) ($MN)
28 Global Restaurant Point Of Sale Terminals Market Outlook, By Food Trucks (2018-2027) ($MN)
29 Global Restaurant Point Of Sale Terminals Market Outlook, By Cafes & Bistros (2018-2027) ($MN)
30 Global Restaurant Point Of Sale Terminals Market Outlook, By Bars & Pubs (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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