Restaurant Point of Sale (POS) Terminal Market By Component (Hardware, Software, Services), By Deployment Mode (On-Premise, Cloud), By Type (Fixed POS, Mobile POS), By Application (Front End, Back End), By End User (Full-service Restaurant (FSR), Quick Service Restaurant (QSR), Institutional FSR, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031
Restaurant POS systems are feature-rich, all-in-one systems that provide restaurant owners with tools to run a restaurant business efficiently and pivot when needed. In addition, restaurant point-of-sale (POS) systems are an essential component of every restaurant enterprise. They allow restaurant operators to manage tables, inventory, and sales while also maintaining records. The financial performance of a restaurant can significantly be affected by its point-of-sale system.
One of the major factors that drive the need for POS systems amongst restaurant owners is to reduce billing error, especially during peak periods. Moreover, with the rise in number of restaurants and their increasing sales, there is a surge in need for computing systems, such as POS systems, among the restaurant owners that can help drive sales and further facilitate operational efficiency. However, high integration costs and security risks associated with the POS terminal is restraining the growth of the market. On the contrary, the increasing adoption of POS terminal in the hospitality industry expected to fuel the market growth in upcoming years. In addition, the growing advancement of technologies in POS terminal market is expected to create lucrative opportunities for the market to grow during forecast period.
The restaurant POS terminal is segmented into component, deployment mode, type, application, end user, and region. By component, the market is differentiated into hardware, software, and services. The hardware is further segmented into swipe card machine, touchscreen/desktop, and others. The services segment is further segmented into professional services and managed services. The professional services is further segregated into system implementation & integration, support & maintenance, and training & consulting. Depending on deployment mode, it is fragmented into on-premise and cloud. By type, it is segmented into fixed POS and mobile POS. The fixed POS is further segmented into self-serve kiosks, cash counters terminal, and others. The application segment is bifurcated into front end and back end. By end user, it is segmented into full-service restaurant (FSR), quick service restaurant, intuitional FSR, and others. The full-service restaurant (FSR) is further segmented into fine dine and casual dine. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The restaurant POS terminal analysis includes top companies operating in the market such as Aures Group, Diebold Nixdorf, Incorporated, Hewlett Packard Enterprise Development LP, INGENICO, Lightspeed Management Company, LLC, NCR Corporation, Oracle, Panasonic Corporation, PAX Technology Limited, Posist Technologies Pvt. Ltd., Posiflex Technology, Revel Systems, Shift4, Squirrel System, Touch Dynamic, Cake, and Toast. These players have adopted various strategies to increase their market penetration and strengthen their position in the reinsurance industry.
KEY BENEFITS FOR STAKEHOLDERSThe study provides an in-depth analysis of the global restaurant POS terminal along with the current trends and future estimations to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the global restaurant POS terminal size are provided in the report.
The Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global restaurant POS terminal from 2022 to 2031 is provided to determine the market potential.
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
SWOT Analysis
Key Market SegmentsBy ComponentHardware
Hardware
Swipe Card Machine
Touchscreen/Desktop
Others
Software
Services
Services
Professional Services
Managed Services
By Deployment ModeOn-Premise
Cloud
By TypeFixed POS
Fixed POS
Self-serve Kiosks
Cash Counters Terminals
Others
Mobile POS
By ApplicationFront End
Back End
By End UserFull-service Restaurant (FSR)
Full-service Restaurant (FSR)
Fine Dine
Casual Dine
Quick Service Restaurant (QSR)
Institutional FSR
Others
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherlands
Rest Of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Singapore
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersDiebold Nixdorf, Incorporated
NCR Corporation
PAX Technology Limited
Posiflex Technology
Toast
Lightspeed Management Company, LLC
Revel Systems
Cake
Touch Dynamic
Aures Group
Panasonic Corporation
Oracle
Posist Technologies Pvt. Ltd.
INGENICO
Shift4
Squirrel System
Hewlett Packard Enterprise Development LP
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