The global restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 7.8% during the forecast period. Expansion of food outlets and emerging demand for advanced payment options in the restaurants are primarily leveraging the adoption of POS terminals. An increasing number of food outlets have been witnessed owing to the rising shift towards western-style diets. Several major food outlets such as McDonald’s, Domino’s Pizza, and Pizza Hut have been reported expansion across the globe to meet the increased consumption of fast foods across the globe. For instance, in April 2020, McDonald’s Corp. declared its plans to expand in Russia’s far east in December 2020. This aims to open restaurants in cities including Vladivostok and Khabarovsk for the first time.
Get Free Sample link @ https://www.omrglobal.com/request-sample/restaurant-point-of-sale-pos-terminals-market
Mobile restaurant POS terminals are expected to witness potential growth during the forecast period. Mobile POS systems enable restaurants to retain customers and enhance sales all while utilizing their smartphones or tablets. Potential mobile POS systems can operate effortlessly on comparatively low-cost hardware and offer an easy-to-use interface that significantly augments the value to the operator. Additionally, the integration of the online ordering tool into the mobile POS system led restaurants in increasing their reach and widen their customer base. Mobile POS systems enable restaurants to improve their service ordering as it allows efficient and fast payments through payment gateways, proper selection of food items through seamless menu integration, facilitates live tracking of orders, and direct receipt generation upon payment.
full report of Restaurant Point-of-Sale (POS) Terminals Market available @ https://www.omrglobal.com/industry-reports/restaurant-point-of-sale-pos-terminals-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Restaurant POS Terminals Market-Segmentation
By Product
- Fixed
- Mobile
By Deployment
- Cloud-based
- On-Premise
By End-User
- Full-Service Restaurant (FSR)
- Quick Service Restaurant (QSR)
- Institutional
- Others
Global Restaurant POS Terminals Market– Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- The Middle East and Africa
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global restaurant POS terminals market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/restaurant-point-of-sale-pos-terminals-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
