The Restaurant POS Terminal Global Market Report 2023, provides comprehensive information on the restaurant pos terminals market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global restaurant POS terminals market size is expected to grow from $13.93 billion in 2022 to $15.12 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global restaurant POS terminals market size is expected to grow to $20.70 billion in 2027 at a CAGR of 8.2%.
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Product innovation is a key trend gaining popularity in the restaurant POS terminals market. Major companies operating in the restaurant POS terminals market are focused on developing innovative solutions to strengthen their position in the market. For instance, in April 2022, Toast, Inc. a US-based restaurant management cloud-based software company launched Toast for Quick Service, a specially designed POS system geared toward limited-service restaurants of all sizes. Toast Mobile Order and Pay Kiosks, for instance, offer enhanced capabilities from Toast’s restaurant-grade hardware, enabling companies to accept orders more quickly and precisely, resulting in fewer comps and voids as well as higher gratuities and increased staff retention.
The restaurant pos terminals market is segmented:
1) By Type: Fixed POS Terminals, Mobile POS Terminals
2) By Deployment Mode: On-Premise, Cloud
3) By Application: Front End, Back End
4) By End User: Full-Service Restaurant (FSR), Quick Service Restaurant (QSR), Institutional Full-Service Restaurant, Other End Users
Asia-Pacific was the largest region in the restaurant pos terminals market in 2022.
The table of contents in TBRC’s restaurant pos terminals market report includes:
1. Executive Summary
2. Restaurant POS Terminals Market Characteristics
3. Restaurant POS Terminals Market Trends And Strategies
4. Restaurant POS Terminals Market – Macro Economic Scenario
5. Restaurant POS Terminals Market Size And Growth
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26. Africa Restaurant POS Terminals Market
27. Restaurant POS Terminals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Restaurant POS Terminals Market
29. Restaurant POS Terminals Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- NCR Corporation
- NEC Corporation
- Orcle Corporation
- Panasonic Holdings Corporation
- PAX Technology
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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