Global Quick Service Restaurants IT Market Growth (Status and Outlook) 2023-2029

Global Quick Service Restaurants IT Market Growth (Status and Outlook) 2023-2029

A fast food restaurant, also known as a quick service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast food cuisine and has minimal table service.

The global quick service restaurants (QSR) IT market is primarily gaining from the increasing need of quick service restaurants to devise new ways of revenue generation to beat competition which is rising at a rapid pace. Today, QSRs are innovating and adopting solutions such as digital signage, point of sales solutions, digital menu cards, handheld devices, and kiosks in a bid to offer differentiated services. Apart from this, the rising adoption of mobile payment solutions is also stoking growth of QSR IT market. This requires quick service restaurants to be equipped with a robust and up to date IT infrastructure.

LPI (LP Information)' newest research report, the “Quick Service Restaurants IT Industry Forecast” looks at past sales and reviews total world Quick Service Restaurants IT sales in 2022, providing a comprehensive analysis by region and market sector of projected Quick Service Restaurants IT sales for 2023 through 2029. With Quick Service Restaurants IT sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Quick Service Restaurants IT industry.

This Insight Report provides a comprehensive analysis of the global Quick Service Restaurants IT landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Quick Service Restaurants IT portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Quick Service Restaurants IT market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Quick Service Restaurants IT and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Quick Service Restaurants IT.

The global Quick Service Restaurants IT market size is projected to grow from US$ 13880 million in 2022 to US$ 17320 million in 2029; it is expected to grow at a CAGR of 3.2% from 2023 to 2029.

Global Quick Service Restaurant (QSR) IT key players include Verifone Systems, NCR Corporation, etc. Global top two manufacturers hold a share about 10%.

Asia-Pacific is the largest market, with a share about 51%, followed by North America and Europe, botࠒ

This report presents a comprehensive overview, market shares, and growth opportunities of Quick Service Restaurants IT market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware
Software
Service

Segmentation by application
Large Fast Food Restaurant
Small and Medium-sized Fast Food Restaurants

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abcom Pty Ltd.
CAKE Corporation
Delphi Display Systems Inc.
GoFrugal Technologies Pvt. Ltd.
Microsoft
Oracle Corporation
Panasonic Corporation
VeriFone Systems, Inc.
Restaurant Service Solutions
NCR

Please note: The report will take approximately 2 business days to prepare and deliver.