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Quick Service Restaurant (QSR) IT Market Size to surge at 8.2% CAGR and Hit 16600 M By 2024 - by Top Key Players: Verifone Systems Inc, NCR Corporation, Cognizant, PAR Technology Corporation, NEC Display Solutions of America, Inc., LG, Panasonic Corporati

02-15-2019 07:12 PM CET | Industry, Real Estate & Construction

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Quick Service Restaurant (QSR) IT Market

Quick Service Restaurant (QSR) IT Market

Recently, Market Study Report, LLC, documented a study on the ‘++ market’ which encompasses significant inputs with respect to market share, market size, regional landscape, contributing players, and revenue projection of this industry vertical. The report also educates investors regarding the existing tends, prime challenges, and current expansion strategies applied by the key organizations that constitute the hyperactive competitive gamut of this business sphere.
The global Quick Service Restaurant (QSR) IT market is valued at 10300 million in 2018 and is expected to reach 16600 million by the end of 2024, growing at a CAGR of 8.2% between 2019 and 2024.

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Market Segment by Companies, this report 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

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.
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.

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.

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.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Quick Service Restaurant (QSR) IT.

Top 5 took up about 20% of the global market in 2017. And their annual growth rate are range mainly from 5% to 12%.Europe also play important roles in global market, with market size of xx million in 2019 and will be xx million in 2024, with a CAGR of xx%.

This report studies the Quick Service Restaurant (QSR) IT market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market and splits the Quick Service Restaurant (QSR) IT market by product type and applications/end industries.

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Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Hardware
Software
Service

Market Segment by Applications, can be divided into

Large Consumers
Small Consumers

Table of Contents
1 Quick Service Restaurant (QSR) IT Market Overview
2 Manufacturers Profiles
3 Global Quick Service Restaurant (QSR) IT Market Competition, by Players
4 Global Quick Service Restaurant (QSR) IT Market Size by Regions
5 North America Quick Service Restaurant (QSR) IT Revenue by Countries
6 Europe Quick Service Restaurant (QSR) IT Revenue by Countries
7 Asia-Pacific Quick Service Restaurant (QSR) IT Revenue by Countries
8 South America Quick Service Restaurant (QSR) IT Revenue by Countries
9 Middle East and Africa Revenue Quick Service Restaurant (QSR) IT by Countries
10 Global Quick Service Restaurant (QSR) IT Market Segment by Type
11 Global Quick Service Restaurant (QSR) IT Market Segment by Application
12 Global Quick Service Restaurant (QSR) IT Market Size Forecast (2019-2024)
12.1 Global Quick Service Restaurant (QSR) IT Market Size Forecast (2019-2024)
12.2 Global Quick Service Restaurant (QSR) IT Market Forecast by Regions (2019-2024)
12.3 North America Quick Service Restaurant (QSR) IT Revenue Market Forecast (2019-2024)
12.4 Europe Quick Service Restaurant (QSR) IT Revenue Market Forecast (2019-2024)
12.5 Asia-Pacific Quick Service Restaurant (QSR) IT Revenue Market Forecast (2019-2024)
12.6 South America Quick Service Restaurant (QSR) IT Revenue Market Forecast (2019-2024)
12.7 Middle East and Africa Quick Service Restaurant (QSR) IT Revenue Market Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix

Complete report at https://www.marketstudyreport.com/reports/global-quick-service-restaurant-qsr-it-market-2019-by-company-regions-type-and-application-forecast-to-2024?utm_source=openpr.com&utm_medium=Abhijeet

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