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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, 2021-2031
Market Report I 2022-09-01 I 534 Pages I Allied Market Research
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 STAKEHOLDERS
-The 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.
Key Market Segments
By Component
- Hardware
- Hardware
- Swipe Card Machine
- Touchscreen/Desktop
- Others
- Software
- Services
- Services
- Professional Services
- Managed Services
By Deployment Mode
- On-Premise
- Cloud
By Type
- Fixed POS
- Fixed POS
- Self-serve Kiosks
- Cash Counters Terminals
- Others
- Mobile POS
By Application
- Front End
- Back End
By End User
- Full-service Restaurant (FSR)
- Full-service Restaurant (FSR)
- Fine Dine
- Casual Dine
- Quick Service Restaurant (QSR)
- Institutional FSR
- Others
By Region
- North 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 Players
- 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
- Toast
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