Restaurant Point-of-Sale (POS) Terminals Market 2018 – 2026 | Technological Analysis on Key Growth Factors including Analysis of Top Key Companies like: PAX Technology Limited, TouchBistro, Verifone Systems, Inc., Oracle Corporation, LimesTray, Ingenico

According to a new study published by Polaris Market Research the Restaurant Point-of-Sale (POS) Terminals Market is anticipated to reach USD 30,966 million by 2026. In 2017, the fixed POS terminal dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

The well-known companies profiled in Restaurant Point-of-Sale (POS) Terminals Market report include PAX Technology Limited, TouchBistro, Verifone Systems, Inc., Oracle Corporation, LimesTray, Ingenico Group, Posist, Posera, PoSsible POS, Aireus., Upserve, Inc., Revel Systems, and Squirrel Systems among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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The rising number of cashless transactions and growing need for digital payments primarily drive the growth of Restaurant Point-of-Sale (POS) Terminals Market. POS solutions are increasingly being adopted in the restaurant industry to increase productivity, reduce serving time, and gain business insights. Availability of mobile devices at low costs also supplements market growth. Other driving factors include increasing internet penetration, growing transactions through ecommerce, and increasing advancements in technologies.

The various end-users of restaurant POS terminals include fast food restaurants, casual dining restaurants, fine dining restaurants, bars and pubs, and others. In 2017, fast food restaurants accounted for the largest share in the global market, and Restaurant Point-of-Sale (POS) Terminals Market estimated to grow at a substantial rate during the forecast period. The use POS terminals enable fast food restaurant to offer services in short time periods and simplifying the process of taking orders, payments, and customer management.

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North America generated the highest revenue in the market in 2017, and is expected to lead the Restaurant Point-of-Sale (POS) Terminals Market throughout the forecast period. The high consumption of fast food in North America boosts the restaurant industry in the region, thereby increasing the need to simplify transactions and increase efficiency in restaurants. The government in the region encourages consumers to adopt EMV-enabled devices. These devices offer additional security and minimize breaches and frauds in digital payments.

TOC of Restaurant Point-of-Sale (POS) Terminals Market:

Chapter 1. Overview and Scope

Chapter 2. Executive Summary

Chapter 3. Market Insights

Chapter 4. Restaurant Point-of-Sale (POS) Terminals Market Size and Forecast

Chapter 5. Dynamics and Segmentation

Chapter 6. Detailed Insight on Company Profiles

Chapter 7. Research Methodology and Reference

Chapter 8. Competitive Landscape

TOC Continued…...!!!

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