Quick Service Restaurant IT Market - In-Depth Analysis and Forecast on Market Dynamics, Emerging Trends, Growth Factors
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Hence, a number of solutions such as digital menu cards, kiosks, point of sales solutions, and digital signage have been adopted by QSRs. All of these deployments require the usage of IT in some capacity, thus driving demand within the market.
Transparency Market Research (TMR) prognosticates that the market value would elevate to US$18,664.0 mn by the end of 2025. Furthermore, the market would expand at a robust CAGR of 7.6% over the forecast period of 2017 to 2025.
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As people become increasingly reliant on Quick Service Restaurants for their food needs, the restaurant chains are faced with the challenge of catering to the needs of these customers. Long queues and waiting times need to be eliminated from QSRs because customers expect swift deliverance.
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This has created demand for quick service restaurants IT and is expected to become an integral part of the restaurant-chain industry. The need to build a brand image has also persuaded restaurant owners to induct QSR IT.
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