Press release
Global Quick Service Restaurant (QSR) IT Sales Reached About 10318 Million USD In 2017
A fast food restaurant, also known as a quick service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast food cuisine and has minimal table service.
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Global Quick Service Restaurant (QSR) Market: Forecast by Type / Application / Region
The global quick service restaurants (QSR) IT market is primarily gaining from the increasing need of quick service restaurants to devise new ways of revenue generation to beat competition which is rising at a rapid pace. Today, QSRs are innovating and adopting solutions such as digital signage, point of sales solutions, digital menu cards, handheld devices, and kiosks in a bid to offer differentiated services. Apart from this, the rising adoption of mobile payment solutions is also stoking growth of QSR IT market. This requires quick service restaurants to be equipped with a robust and up to date IT infrastructure.
Market Segment by Players covers: Verifone Systems Inc, NCR Corporation, Cognizant, PAR Technology Corporation, NEC Display Solutions of America, Inc., LG, Panasonic Corporation, Oracle Corporation, Delphi Display Systems, Inc, HM Electronics, Inc., Revel Systems, PAX Technology, SZZT Electronics, Shenzhen Xinguodu.
Market Segment by Types covers: Hardware , Software, Service.
Market Segment by Applications can be divided into: Large Consumers, Small Consumers.
The Quick Service Restaurant (QSR) IT market is very fragmented, there are so many players in the world. The key players are like Verifone?Systems, NCR Corporation, Cognizant, PAR Technology Corporation, NEC Display Solutions etc. The big players are from United States, EU and Japan.
The Quick Service Restaurant (QSR) IT sales reached about 10318 million USD in 2017 from 7379 million USD in 2013 all around the world, with the CAGR of 8.7%. The Leading growing markets are USA, EU, China and Japan.
United States is the largest consumption countries of Quick Service Restaurant (QSR) IT in the world in the past few years and it will keep increasing in the next few years. United States market took up about 21.3% the global market in 2013, while Europe was about 20.3%, and China is followed with the share about 19.02%.
Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. The international players like taking acquire of other companies, usually related to or can expand with her business. Their market in this industry can ranges from hardware or/and software to service. In other words, the big players in this industry now put more effort on The Quick Service Restaurant (QSR) IT chain.
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Related Information:
United States Quick Service Restaurant (QSR) Market 2018 Forecast to 2023
Europe Quick Service Restaurant (QSR) Market 2018 Forecast to 2023
North America Quick Service Restaurant (QSR) Market 2018 Forecast to 2023
Asia-Pacific Quick Service Restaurant (QSR) Market 2018 Forecast to 2023
China Quick Service Restaurant (QSR) Market 2018 Forecast to 2023
EMEA Quick Service Restaurant (QSR) Market 2018 Forecast to 2023
Global Quick Service Restaurant (QSR) Market 2018 Forecast to 2023
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