Restaurant POS Terminals Market 2024: Industry Analysis, Size, Share, Growth, Global Trends and Forecast - PowerPoint PPT Presentation

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Restaurant POS Terminals Market 2024: Industry Analysis, Size, Share, Growth, Global Trends and Forecast

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Technological advancements and rising adoption of advanced payment technologies across the restaurant sector is driving the restaurant point of sale terminals market size. The restaurant outlets are dependent on the technologies that will enhance their business operations with minimum operational and installation costs. The mobile solutions are the perfect technologies catering to such requirements. Several developers in the restaurant POS terminals market are engaged in developing solutions to provide effective tableside technologies to FSRs. Request for Sample Copy of This Report @ – PowerPoint PPT presentation

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Title: Restaurant POS Terminals Market 2024: Industry Analysis, Size, Share, Growth, Global Trends and Forecast


1
Restaurant Point of Sale Terminals Market Size to
exceed 25 bn by 2024 growing at CAGR of 13
2
Key Insights from Restaurant Point of Sale
Terminals Market
  • Technological advancements and rising adoption of
    advanced payment technologies across the
    restaurant sector is driving the restaurant point
    of sale terminals market size. The restaurant
    outlets are dependent on the technologies that
    will enhance their business operations with
    minimum operational and installation costs. The
    mobile solutions are the perfect technologies
    catering to such requirements. Several developers
    in the restaurant POS terminals market are
    engaged in developing solutions to provide
    effective tableside technologies to FSRs.
  • Moreover, the restaurant point of sale terminals
    market players are engaged in developing software
    solutions that can be incorporated into the
    payment terminals to support several business
    processes such as accounting book-keeping,
    daily sales tracks order management, managing
    staff accounts, etc. The software base installed
    in these integrated systems helps to control,
    manage, and operate the hardware components and
    other peripheral devices. The players offer these
    modern solutions to their customers to improve
    business operations and enhance the customer
    dining experience.

3
Continued
The cafes bistros are experiencing a
significant growth in the restaurant (point of
sale) POS terminals market. Increasing young
customers in these food outlets are driving the
businesses of these cafes. These food stalls
offer an ambient environment and seating
facilities that allow the young crowd to spend
time quality time. Such factors are encouraging
the café owners to implement modern solutions
that will attract more customers. The major
franchised cafés such as Café Coffee Day and
Starbucks have adopted fixed countertop solutions
due to their self-service business process,
allowing customers to order and pay their
restaurant bills at the counter. However, small
cafes operating in specific areas and catering to
a smaller customer crowd are moving toward mobile
solutions due to the price sensitivity and
maintenance costs associated with fixed
solutions. Several players in the restaurant
point of sale terminals market, such as Shopify,
are introducing software solutions specifically
developed for these coffee shops.
4

Latest Research Report On Restaurant Point of
Sale Terminals Market _at_ https//www.gminsights.com
/industry-analysis/restaurant-pos-terminals-market
Request for a sample of this research report
_at_ https//www.gminsights.com/request-sample/detail
/3073
5
China restaurant POS terminals market, by
application, 2017 2024 (USD Million)

6
Major Companies in Restaurant Point of Sale
Terminals Market
  • Diebold Nixdorf
  • Ingenico Group
  • Micros Systems Inc.
  • NEC Corporation
  • NCR Corporation
  • PAR Technology Corporation
  • Panasonic Corporation
  • Samsung Electronics Co.Ltd.
  • PAX Technology
  • Square Inc.
  • Toast Inc.
  • TouchBistro Inc.
  • VeriFone Systems Inc.
  • Toshiba Corporation

7
Industry Coverage

8
Regional Insights in Restaurant Point of Sale
Terminals Market
  • The North America restaurant (point of sale) POS
    terminals market is predicted to witness a high
    growth due to the increasing number of food
    outlets. Countries including the U.S. and Canada
    are experiencing an increased number of food
    outlets to cater to a high consumption rate of
    the fast food items among the citizens. According
    to the National Restaurant Association, it was
    estimated that in 2017, there were around 1
    million restaurant locations in the country.
    These outlets are adopting advanced technological
    solutions to offer flexible payment solutions to
    their customers, providing an impetus to the
    restaurant POS terminals market. Moreover,
    increased spending capability of Canadians at
    restaurants, bars, and cafes is expected to drive
    the business of the restaurant industry in the
    country. In 2017, it was estimated that people
    spent around USD 54 billion at these food
    outlets. It was also estimated that the countrys
    food away from home category amounted to 36 of
    the overall food expenses in 2017. Such factors
    are predicted to accelerate the market growth.

9
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