Press release
Quick Service Restaurant IT Market Showing New Marks To Reach USD 18,664 million By 2025 With Industry Players Like Cognizant, LG Display, Panasonic, NCR Corporation, Verifone, The Wendy's Company, Restaurant Brands International, CAKE Corporation
The Global Quick Service Restaurant IT Market is expected to reach USD 18,664 million by 2025 from USD 10387.33 million in 2017 and is projected to grow at a CAGR of 7.6% in the forecast period of 2018 to 2025.
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Global Quick Service Restaurant IT Market, By Component (Hardware (Digital Signage, Kiosks, Drive Thru Terminals, Point of Sales, Handheld Devices, Digital Menu Cards), Software (Front of House, Inventory Management, Reconciliation, Labor Management, HR Software, Data Analytics, Marketing, Restaurant Operation, Support Operation, Franchise Management), Service), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Complete report on Global Quick Service Restaurant IT Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures
Top Key Players:
• Abcom Pty Ltd.
• CAKE CORPORATION
• Cognizant
• Delphi Display Systems Inc.
• GoFrugal Technologies Pvt. Ltd.
• HM Electronics Inc
• Imagine! Print Solutions
• LG Display Co. Ltd.
• Microsoft Corporation
• NCR Corporation
• NEC Display Solutions of America, Inc.
• Oracle Corporation
• Panasonic Corporation
• PAR Technology Corporation
• Revel Systems, Inc.
• Restaurant Service Solutions
• Verifone Systems, Inc.
• The Wendy’s Company
• Restaurant Brands International
• Dunkin’ Brands Group
• Many more.
Market Definition: Global Quick Service Restaurant IT Market
Quick service restaurant IT market is growing because of the increase in the quick service restaurant to generate new ways of revenue to beat competition which is rising at a rapid pace. Rising use of technology and mobile payment is also fueling the growth of quick service restaurant IT market. The quick service restaurant must be equipped with updated IT infrastructure. According to The State of the Specialty Food Industry, food industry continues to grow at a strong clip with dollar sales hit up to USD 127.0 billion, a 15.0% jump in total sales between 2014 and 2016. As per the U.S. Food and Agriculture Industries, in 2017, the food and agriculture industries are the active contributors to the US economy, accounting for around USD 6.79 trillion or 20.4% of total national output. Thus, the above factor shows that the food industry is growing and will derive the demand of quick service restaurant IT.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Market Drivers and Restraints:
• Growing innovation and customization in food menu
• Rising innovation in food packaging
• Growing demand for advanced technology and automation
• Fluctuations in food commodities prices
Reasons to Purchase Quick Service Restaurant IT Market Report Covered:
• The report examines how Quick Service Restaurant IT market will develop in the future.
• Studying various views of the Quick Service Restaurant IT market with the help of Porter’s five forces analysis.
• Analyzing the product type that is probably to control the market and regions that are likely to witness the fastest development during the forecast period
• Identify the new developments, Quick Service Restaurant IT market shares and strategies employed by the key market players.
• Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
• Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Quick Service Restaurant IT market players
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Customize report of "Global Quick Service Restaurant IT Market" as per customers requirement also available.
Market Segmentations:
Global Quick Service Restaurant IT Market is segmented on the basis of
• Component
• Geography
Market Segmentations in Details:
By Component
• Hardware
• Software
• Services
By Geography
North America
• U.S.
• Canada,
• Mexico
Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Turkey
• Belgium
• Netherlands
• Switzerland
• Rest of Europe
Asia-Pacific
• Japan
• China
• South Korea
• India
• Australia
• Singapore
• Thailand
• Malaysia
• Indonesia
• Philippines
• Rest of Asia Pacific
South America
• Brazil
• Rest of South America
Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Rest of MEA
Competitive Analysis: Global Quick Service Restaurant IT Market
The global quick service restaurant IT market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of quick service restaurant IT market for global, Europe, North America, Asia Pacific and South America.
In 2018, Quick Service Restaurant signed a deal with Texas Chicken for 80-restaurants. The franchisee will open and operate locations primarily in Indonesia which is one of the fastest growing markets for the fried chicken giant.
Customization of the Report:
This report can be customized to meet the client’s requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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