Restaurant Point-of-Sale Termina Market to Reach US$ 35.95 Bn by 2030

The worldwide Restaurant Point-of-Sale Termina market measurement is anticipated to achieve USD 35.95 billion by 2030 and is anticipated to increase at a CAGR of 10.4% from 2021 to 2030.

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Growth Factors

The need to facilitate multiple payment options, inventory tracking, automated analysis, quick service, centralized recipe and menu management, and  (CRM) is boosting the demand for restaurant Point-of-Sale (POS) terminals over the forecast period. However, the COVID-19 pandemic slowed the market growth owing to closed restaurant business while only the online order system was functional. The restaurant sector is recovering in 2021 and POS vendors have taken measures to introduce new features beneficial for planning the recovery roadmap for restaurateurs.

The restaurants, bars, and food service providers rely highly on POS technology to track sales, products, operations, and inventory. Touchscreen ordering techniques are preferred to guarantee accurate customer orders. The POS technology tends to account for the largest portion of the restaurants’ IT budgets and investments, as it serves as an important tool to track sales. The bigger restaurants such as fine dining restaurants, nightclubs, breweries, hotels, cafes, pubs, wineries, and casinos have high-priced menus, and customers prefer card payment in such a scenario. Thereby, the menu price and size of the restaurants act as a stimulus to augment the demand for restaurant POS terminals. 

Report Highlights

 The demand for mobile terminals is expected to register a CAGR surpassing 5.0% over the forecast period. The growth is attributed to increased table turns, improved service level, less operation cost, available accurate dish information, suggestive selling, and mobility to attend customers. The affordability of owning mobile devices like smartphones and tablets and the boost of wireless technology have contributed to the increased adoption of mPOS terminals among restaurant owners. Additionally, the higher Return on Investment (RoI) in the long run and additional insights to improve order accuracy, revise menu based on customer preference, increasing sales and profitability, and rationalizing order processing have compelled the restaurateur to adopt restaurants POS terminals.

The fixed product segment is sub-segmented into cash counters terminal, self-serve kiosks, and vending machine. The fixed product segment accounted for the largest market in 2020. The market size witnessed a rise primarily attributed to the implementation of point of sale terminals in bigger restaurants that serve a large number of customers and have multiple outlets to manage.

The component segment is bifurcated into hardware and software. The hardware segment captured the largest market share exceeding 77.0% share in 2020. The hardware segment is classified into touchscreen/desktop, swipe card machine, and others. Restaurants need additional hardware to complete the POS system which includes, touchscreen monitor or tablet, cash drawer, EFTPOS, and receipt printer. The improvement in these devices individually such as the introduction of OLED display and touch screen, thermal receipt printer, and touch payment EFTPOS is expected to drive market growth.

The deployment segment is segmented based on cloud and on-premise deployment modes. The cloud segment is anticipated to exhibit a CAGR exceeding 7.0% over the forecast period. Cloud-based deployment offers increased data visibility, mobility for businesses, improved data security, decreased downtime during updates and streamlined information across multiple locations. The security, economic and operational benefits of implementing POS on the cloud have become apparent for quick-service restaurateurs to upscale culinary experiences.

The application segment is bifurcated into the back end and front end. The front-end segment accounted for a market share of more than 72.0% in 2020. The primary reason for the adoption of the restaurant POS terminal is to carry out front-end operations, such as food ordering, billing, tracking sales, payment processing, order management, customer interaction, reporting, and marketing. Additionally, the need to gain insight on the most popular menu item, track food usage, and generate sequential order is expected to favor the segment growth.

The end-user segment includes Full-Service Restaurant (FSR), Quick Service Restaurant (QSR), and institutional FSR. Institutional FSR is further sub-segmented into casual dine and fine dine. The FSR segment dominated the market in 2020 accounting for over 49.0% of the global revenue share. The casual dining segment emerged as the highest revenue contributor owing to affordable and convenient eating options and rising casual dining brands such as McDonald’s, Wendy’s, Pizza Hut, and Dunkin that have readily adopted POS terminal for their large outlets.

The Asia Pacific remained the largest market for restaurant POS terminals in 2020 accounting for more than 40% of revenue share. It is projected to expand at the fastest CAGR during the forecast period due to the rapidly expanding and evolving foodservice industry in countries, such as India and China, as a result of favorable demographic conditions and increased disposable income levels.

Report Coverage Details
Market Size US$ 35.95 billion by 2030
Growth Rate CAGR of 10.4% From 2021 to 2030
Base Year 2020
Forecast Period 2021 to 2030
Segments Covered Product, Component, Deployment, Application, End-user, Region
Companies Mentioned PAX Technology Limited, Verifone Systems Inc., NCR Corporation, Revel Systems, Aireus Inc., Dinerware, Inc., Posist, EposNow, LimeTray

Key Players

  • PAX Technology Limited
  • Verifone Systems Inc.
  • NCR Corporation
  • Revel Systems
  • Aireus Inc.
  • Dinerware, Inc.
  • Posist
  • EposNow
  • LimeTray
  • POSsible POS
  • Oracle Corporation
  • Posera
  • ShopKeep (acquired by LightSpeed)
  • Squirrel Systems
  • TouchBistro
  • Upserve, Inc.

Market Segmentation

 Product Outlook

    • Fixed
      • Self-serve Kiosks
      • Cash Counters Terminal
      • Vending Machine
    • Mobile
  • Component Outlook
    • Hardware
      • Swipe Card Machine
      • Touchscreen/Desktop
      • Others
    • Software
  • Deployment Outlook
    • Cloud
    • On-Premise
  • Application Outlook
    • Front-End
    • Back-End
  • End-user Outlook
    • FSR
      • Fine Dine
      • Casual Dine
    • QSR
    • Institutional
    • Others
  • Regional Outlook
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa (MEA)

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Restaurant Point-of-Sale Terminal Market, By Product

7.1.  Restaurant Point-of-Sale Terminal Market, by Product, 2020-2030

7.1.1.    Fixed

7.1.1.1.        Market Revenue and Forecast (2016-2030)

7.1.2.    Mobile

7.1.2.1.        Market Revenue and Forecast (2016-2030)

Chapter 8.  Global Restaurant Point-of-Sale Terminal Market, By End User

8.1.  Restaurant Point-of-Sale Terminal Market, by End User, 2020-2030

8.1.1.    FSR

8.1.1.1.        Market Revenue and Forecast (2016-2030)

8.1.2.    QSR

8.1.2.1.        Market Revenue and Forecast (2016-2030)

8.1.3.    Institutional

8.1.3.1.        Market Revenue and Forecast (2016-2030)

8.1.4.    Others

8.1.4.1.        Market Revenue and Forecast (2016-2030)

Chapter 9.  Global Restaurant Point-of-Sale Terminal Market, By Application

9.1.  Restaurant Point-of-Sale Terminal Market, by Application, 2020-2030

9.1.1.    Front-End

9.1.1.1.        Market Revenue and Forecast (2016-2030)

9.1.2.    Back-End

9.1.2.1.        Market Revenue and Forecast (2016-2030)

Chapter 10.      Global Restaurant Point-of-Sale Terminal Market, By Deployment

10.1.        Restaurant Point-of-Sale Terminal Market, by Deployment, 2020-2030

10.1.1.  Cloud

10.1.1.1.      Market Revenue and Forecast (2016-2030)

10.1.2.  On-Premise

10.1.2.1.      Market Revenue and Forecast (2016-2030)

Chapter 11.      Global Restaurant Point-of-Sale Terminal Market, By Component

11.1.        Restaurant Point-of-Sale Terminal Market, by Component, 2020-2030

11.1.1.  Hardware

11.1.1.1.      Market Revenue and Forecast (2016-2030)

11.1.2.  Software

11.1.2.1.      Market Revenue and Forecast (2016-2030)

Chapter 12.      Global Restaurant Point-of-Sale Terminal  Market, Regional Estimates and Trend Forecast

12.1.        North America

12.1.1.  Market Revenue and Forecast, by Product (2016-2030)

12.1.2.  Market Revenue and Forecast, by End User (2016-2030)

12.1.3.  Market Revenue and Forecast, by Application (2016-2030)

12.1.4.  Market Revenue and Forecast, by Deployment (2016-2030)

12.1.5.  Market Revenue and Forecast, by Component (2016-2030)

12.1.6.  U.S.

12.1.6.1.      Market Revenue and Forecast, by Product (2016-2030)

12.1.6.2.      Market Revenue and Forecast, by End User (2016-2030)

12.1.6.3.      Market Revenue and Forecast, by Application (2016-2030)

12.1.6.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.1.6.5.      Market Revenue and Forecast, by Component (2016-2030)

12.1.7.  Rest of North America

12.1.7.1.      Market Revenue and Forecast, by Product (2016-2030)

12.1.7.2.      Market Revenue and Forecast, by End User (2016-2030)

12.1.7.3.      Market Revenue and Forecast, by Application (2016-2030)

12.1.7.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.1.7.5.      Market Revenue and Forecast, by Component (2016-2030)

12.2.        Europe

12.2.1.  Market Revenue and Forecast, by Product (2016-2030)

12.2.2.  Market Revenue and Forecast, by End User (2016-2030)

12.2.3.  Market Revenue and Forecast, by Application (2016-2030)

12.2.4.  Market Revenue and Forecast, by Deployment (2016-2030)

12.2.5.  Market Revenue and Forecast, by Component (2016-2030)

12.2.6.  UK

12.2.6.1.      Market Revenue and Forecast, by Product (2016-2030)

12.2.6.2.      Market Revenue and Forecast, by End User (2016-2030)

12.2.6.3.      Market Revenue and Forecast, by Application (2016-2030)

12.2.6.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.2.6.5.      Market Revenue and Forecast, by Component (2016-2030)

12.2.7.  Germany

12.2.7.1.      Market Revenue and Forecast, by Product (2016-2030)

12.2.7.2.      Market Revenue and Forecast, by End User (2016-2030)

12.2.7.3.      Market Revenue and Forecast, by Application (2016-2030)

12.2.7.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.2.7.5.      Market Revenue and Forecast, by Component (2016-2030)

12.2.8.  France

12.2.8.1.      Market Revenue and Forecast, by Product (2016-2030)

12.2.8.2.      Market Revenue and Forecast, by End User (2016-2030)

12.2.8.3.      Market Revenue and Forecast, by Application (2016-2030)

12.2.8.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.2.8.5.      Market Revenue and Forecast, by Component (2016-2030)

12.2.9.  Rest of Europe

12.2.9.1.      Market Revenue and Forecast, by Product (2016-2030)

12.2.9.2.      Market Revenue and Forecast, by End User (2016-2030)

12.2.9.3.      Market Revenue and Forecast, by Application (2016-2030)

12.2.9.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.2.9.5.      Market Revenue and Forecast, by Component (2016-2030)

12.3.        APAC

12.3.1.  Market Revenue and Forecast, by Product (2016-2030)

12.3.2.  Market Revenue and Forecast, by End User (2016-2030)

12.3.3.  Market Revenue and Forecast, by Application (2016-2030)

12.3.4.  Market Revenue and Forecast, by Deployment (2016-2030)

12.3.5.  Market Revenue and Forecast, by Component (2016-2030)

12.3.6.  India

12.3.6.1.      Market Revenue and Forecast, by Product (2016-2030)

12.3.6.2.      Market Revenue and Forecast, by End User (2016-2030)

12.3.6.3.      Market Revenue and Forecast, by Application (2016-2030)

12.3.6.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.3.6.5.      Market Revenue and Forecast, by Component (2016-2030)

12.3.7.  China

12.3.7.1.      Market Revenue and Forecast, by Product (2016-2030)

12.3.7.2.      Market Revenue and Forecast, by End User (2016-2030)

12.3.7.3.      Market Revenue and Forecast, by Application (2016-2030)

12.3.7.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.3.7.5.      Market Revenue and Forecast, by Component (2016-2030)

12.3.8.  Japan

12.3.8.1.      Market Revenue and Forecast, by Product (2016-2030)

12.3.8.2.      Market Revenue and Forecast, by End User (2016-2030)

12.3.8.3.      Market Revenue and Forecast, by Application (2016-2030)

12.3.8.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.3.8.5.      Market Revenue and Forecast, by Component (2016-2030)

12.3.9.  Rest of APAC

12.3.9.1.      Market Revenue and Forecast, by Product (2016-2030)

12.3.9.2.      Market Revenue and Forecast, by End User (2016-2030)

12.3.9.3.      Market Revenue and Forecast, by Application (2016-2030)

12.3.9.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.3.9.5.      Market Revenue and Forecast, by Component (2016-2030)

12.4.        MEA

12.4.1.  Market Revenue and Forecast, by Product (2016-2030)

12.4.2.  Market Revenue and Forecast, by End User (2016-2030)

12.4.3.  Market Revenue and Forecast, by Application (2016-2030)

12.4.4.  Market Revenue and Forecast, by Deployment (2016-2030)

12.4.5.  Market Revenue and Forecast, by Component (2016-2030)

12.4.6.  GCC

12.4.6.1.      Market Revenue and Forecast, by Product (2016-2030)

12.4.6.2.      Market Revenue and Forecast, by End User (2016-2030)

12.4.6.3.      Market Revenue and Forecast, by Application (2016-2030)

12.4.6.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.4.6.5.      Market Revenue and Forecast, by Component (2016-2030)

12.4.7.  North Africa

12.4.7.1.      Market Revenue and Forecast, by Product (2016-2030)

12.4.7.2.      Market Revenue and Forecast, by End User (2016-2030)

12.4.7.3.      Market Revenue and Forecast, by Application (2016-2030)

12.4.7.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.4.7.5.      Market Revenue and Forecast, by Component (2016-2030)

12.4.8.  South Africa

12.4.8.1.      Market Revenue and Forecast, by Product (2016-2030)

12.4.8.2.      Market Revenue and Forecast, by End User (2016-2030)

12.4.8.3.      Market Revenue and Forecast, by Application (2016-2030)

12.4.8.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.4.8.5.      Market Revenue and Forecast, by Component (2016-2030)

12.4.9.  Rest of MEA

12.4.9.1.      Market Revenue and Forecast, by Product (2016-2030)

12.4.9.2.      Market Revenue and Forecast, by End User (2016-2030)

12.4.9.3.      Market Revenue and Forecast, by Application (2016-2030)

12.4.9.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.4.9.5.      Market Revenue and Forecast, by Component (2016-2030)

12.5.        Latin America

12.5.1.  Market Revenue and Forecast, by Product (2016-2030)

12.5.2.  Market Revenue and Forecast, by End User (2016-2030)

12.5.3.  Market Revenue and Forecast, by Application (2016-2030)

12.5.4.  Market Revenue and Forecast, by Deployment (2016-2030)

12.5.5.  Market Revenue and Forecast, by Component (2016-2030)

12.5.6.  Brazil

12.5.6.1.      Market Revenue and Forecast, by Product (2016-2030)

12.5.6.2.      Market Revenue and Forecast, by End User (2016-2030)

12.5.6.3.      Market Revenue and Forecast, by Application (2016-2030)

12.5.6.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.5.6.5.      Market Revenue and Forecast, by Component (2016-2030)

12.5.7.  Rest of LATAM

12.5.7.1.      Market Revenue and Forecast, by Product (2016-2030)

12.5.7.2.      Market Revenue and Forecast, by End User (2016-2030)

12.5.7.3.      Market Revenue and Forecast, by Application (2016-2030)

12.5.7.4.      Market Revenue and Forecast, by Deployment (2016-2030)

12.5.7.5.      Market Revenue and Forecast, by Component (2016-2030)

Chapter 13.  Company Profiles

13.1.              PAX Technology Limited

13.1.1.  Company Overview

13.1.2.  Product Offerings

13.1.3.  Financial Performance

13.1.4.  Recent Initiatives

13.2.              Verifone Systems Inc.

13.2.1.  Company Overview

13.2.2.  Product Offerings

13.2.3.  Financial Performance

13.2.4.  Recent Initiatives

13.3.              NCR Corporation

13.3.1.  Company Overview

13.3.2.  Product Offerings

13.3.3.  Financial Performance

13.3.4.  Recent Initiatives

13.4.              Revel Systems

13.4.1.  Company Overview

13.4.2.  Product Offerings

13.4.3.  Financial Performance

13.4.4.  Recent Initiatives

13.5.              Aireus Inc.

13.5.1.  Company Overview

13.5.2.  Product Offerings

13.5.3.  Financial Performance

13.5.4.  Recent Initiatives

13.6.              Dinerware, Inc.

13.6.1.  Company Overview

13.6.2.  Product Offerings

13.6.3.  Financial Performance

13.6.4.  Recent Initiatives

13.7.              Posist

13.7.1.  Company Overview

13.7.2.  Product Offerings

13.7.3.  Financial Performance

13.7.4.  Recent Initiatives

13.8.              EposNow

13.8.1.  Company Overview

13.8.2.  Product Offerings

13.8.3.  Financial Performance

13.8.4.  Recent Initiatives

13.9.              LimeTray

13.9.1.  Company Overview

13.9.2.  Product Offerings

13.9.3.  Financial Performance

13.9.4.  Recent Initiatives

13.10.           POSsible POS

13.10.1.               Company Overview

13.10.2.               Product Offerings

13.10.3.               Financial Performance

13.10.4.               Recent Initiatives

13.11.           Oracle Corporation

13.11.1.               Company Overview

13.11.2.               Product Offerings

13.11.3.               Financial Performance

13.11.4.               Recent Initiatives

13.12.           Posera

13.12.1.               Company Overview

13.12.2.               Product Offerings

13.12.3.               Financial Performance

13.12.4.               Recent Initiatives

13.13.           ShopKeep (acquired by LightSpeed)

13.13.1.               Company Overview

13.13.2.               Product Offerings

13.13.3.               Financial Performance

13.13.4.               Recent Initiatives

13.14.           Squirrel Systems

13.14.1.               Company Overview

13.14.2.               Product Offerings

13.14.3.               Financial Performance

13.14.4.               Recent Initiatives

13.15.           TouchBistro

13.15.1.               Company Overview

13.15.2.               Product Offerings

13.15.3.               Financial Performance

13.15.4.               Recent Initiatives

13.16.           Upserve, Inc.

13.16.1.               Company Overview

13.16.2.               Product Offerings

13.16.3.               Financial Performance

13.16.4.               Recent Initiatives

Chapter 14.  Research Methodology

14.1.              Primary Research

14.2.              Secondary Research

14.3.              Assumptions

Chapter 15.  Appendix

15.1.              About Us

Glossary of Terms

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