The study covers key regions that includes North America, Europe, Asia-Pacific, Latin America, Rest of the World and important players such as Fishbowl Inc., HotSchedules,Jolt,NCR Corporation, OpenTable Etc.
Global Restaurant Management Software Market to reach USD 6.95 billion by 2025.
Global Restaurant Management Software Market valued approximately USD 14.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 14.89% over the forecast. The Global Restaurant Management Software market is anticipated to witness considerable growth in the coming years. Restauranteurs nowadays are heavily relying on POS software for tracking sales, payment processing, and inventory management. They are deploying customer interacting software that allows guests to order and pay at the table and data analytics solutions to facilitate business decisions. Growing transformation in the restaurant technology is expected to be one of the key trends escalating market growth.
The market is likely to witness substantial growth over the forecast period. Technology disruption in the restaurant industry and soaring need for restaurant specific software such as billing and payment processing, inventory management, table management, and menu management are among the key trends stimulating market growth. Moreover, growing awareness regarding importance of data analytics solutions in providing valuable insights to improve day to day operation is poised to provide an up thrust to the market. Adoption of cloud systems is estimated to experience sharp rise during the forecast period, which in turn will supplement the growth of the market The front end software segment holds the largest share in the market in 2016. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Software Type:
§ Front end software
§ Accounting & cash flow software
§ Purchasing & inventory management software
§ Table & delivery management software
§ Employee payroll & scheduling software
By Deployment Mode:
§ On Premise
§ On Cloud
By End User:
§ FSR (Full service Restaurant)
§ QSR (Quick Service Restaurant)
North America, Europe, Asia-Pacific, Latin America, Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
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Target Audience of the Global Restaurant Management Software Market In Market Study:
§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
Companies Mentioned in the Report
Fishbowl Inc., HotSchedules, Jolt, NCR Corporation, OpenTable, Inc., Oracle Corporation, Revel Systems Inc., ShopKeep, Square Inc., Touch Bistro
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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