Restaurant Point of Sale Terminals Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029 The Global Restaurant Point of Sale Terminals Market is estimated to value over USD 24 billion by 2029 end and is expected to register a CAGR of7% over the forecast period 2019 to 2029. Global Restaurant Point of Sale Terminals Market Introduction Restaurant point of sale (POS) terminals are utilised to improve efficiency by error reduction in order placements and billing transactions. Various vendors are developing POS systems for smart devices like iPads and tablets integrated with features like inventory tracking, order management, customer data, analytics etc. Global Restaurant Point of Sale Terminals Market Overview Product-wise, the market is categorised as mobile POS terminal and fixed POS terminal. Mobile POS terminal segment dominate the market owing to the ease that this terminal provides for placing orders and performing transactions without the inconvenience that consumers have to face during peak times. Based on the type of component, the market is fragmented into hardware and software. Software solutions like hotel property management system (PMS) offer fully integrated technological capabilities to restaurant owners for seamless business operations which is why the software market segment majorly influences the market. Depending on the type of application, the market is bifurcated into FSR, QSR, bars & pubs and cafes & bistros. QSRs need to provide high volume products in a short time span and at a lower price as compared to their competitors. The POS terminals assists the QSRs in understanding consumer demands and providing faster customer services thus keeping them at the forefront in this competitive market. North America is a Rapidly Growing Market and is Estimated to Showcase a High CAGR Value During the Forecast Period Restaurant industry is rapidly expanding in the North American region. Additionally, the presence of vendors providing POS software services is on a rise in the region leading to the augmentation of the market significantly. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=2295&page=requestsample Global Restaurant Point of Sale Terminals Market Segmentation: 1. By Region North America Europe Asia Pacific Latin America Rest of the World 2. By Product o o o Mobile POS Terminal Fixed POS Terminal Cash Counter Terminals Vending Machines Self-Serve Kiosks 3. By Component o o o Hardware Touch Screen/Desktop Swipe Card Machine Others Software 4. By Application Full Service Restaurant (FSR) Quick Service Restaurant (QSR) Bars & Pubs Cafes & Bistros Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=2295&page=askfordiscount Competitive Landscape: Tier 1 players- established companies in the market with a major market share Tier 2 players Emerging players which are growing rapidly New Entrants Key Market Players: VeriFone Systems TouchBistro Inc. Panasonic Corp. NCR Corp. Toshiba Corp. Samsung Electronics Co. Intuit Inc. FutureWise Key Takeaways: With the advent of initiatives like Digital India, the consumers will shift from cash payments to mobile wallet payments which shall assist the restaurant POS terminal market to flourish FSRs and QSRs are expanding in developing economies and have proposed plans to expand in underdeveloped economies from the African region which shall support the market growth considering the factor that the advanced services like mobile wallets are introduced in these regions Objectives of the Study: To provide with an exhaustive analysis on the restaurant POS terminal market by region, by product, by component, by application To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) To evaluate and forecast micro-markets and the overall market To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and rest of the world To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
The Global Restaurant Point of Sale Terminals Market is estimated to value over USD 24 billion by 2029 end and is expected to register a CAGR of7% over the forecast period 2019 to 2029. Global Restaurant Point of Sale Terminals Market Introduction Restaurant point of sale (POS) terminals are utilised to improve efficiency by error reduction in order placements and billing transactions. Various vendors are developing POS systems for smart devices like iPads and tablets integrated with features like inventory tracking, order management, customer data, analytics etc.
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