Restaurant Point of Sale Terminals Market: What are the future growth opportunities? | CAKE Corporation, Clover Network, Inc., Ingenico Group, MICROS Systems Inc, Revel Systems, Toast, Inc., TouchBistro, Upserve, Verifone

The cafes & bistros are experiencing a significant growth in the Restaurant Point of Sale Terminals Market. Increasing young customers in these food outlets are driving the businesses of these cafes. These food stalls offer an ambient environment and seating facilities that allow the young crowd to spend time quality time. Such factors are encouraging the café owners to implement modern solutions that will attract more customers. The major franchised cafés such as Café Coffee Day and Starbucks have adopted fixed countertop solutions due to their self-service business process, allowing customers to order and pay their restaurant bills at the counter.

Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/3073

However, small cafes operating in specific areas and catering to a smaller customer crowd are moving toward mobile solutions due to the price sensitivity and maintenance costs associated with fixed solutions. Several players in the restaurant point of sale terminals market, such as Shopify, are introducing software solutions specifically developed for these coffee shops.

Key Companies –
• CAKE Corporation
• Clover Network, Inc.
• Diebold Nixdorf
• Harbortouch
• Hewlett Packard Enterprise
• Ingenico Group
• Lavu Inc.
• MICROS Systems Inc
• NCR Corporation
• NEC Corporation
• Panasonic
• PAX Technology
• Revel Systems
• Samsung Electronics
• Square
• Squirrel Systems
• Toast, Inc.
• Toshiba
• TouchBistro
• Upserve
• Verifone

Technological advancements and rising adoption of advanced payment technologies across the restaurant sector is driving the restaurant point of sale terminals market size. The restaurant outlets are dependent on the technologies that will enhance their business operations with minimum operational and installation costs. The mobile solutions are the perfect technologies catering to such requirements. Several developers in the restaurant POS terminals market are engaged in developing solutions to provide effective tableside technologies to FSRs.

For instance, TouchBistro is offering POS solutions that allow the staff to fulfill the customers’ orders accurately and faster while upselling high-margin menu items and using pop-up modifiers for suggestive selling. The solutions help restaurants in serving their customers at tableside or counters. Similarly, Toast, Inc. is offering Toast Go handheld POS system, which is designed specifically for the industry.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/3073

Moreover, the restaurant point of sale terminals market players are engaged in developing software solutions that can be incorporated into the payment terminals to support several business processes such as accounting & book-keeping, daily sales tracks order management, managing staff accounts, etc. The software base installed in these integrated systems helps to control, manage, and operate the hardware components and other peripheral devices.

Fixed systems are the most widely adopted POS technologies in the market owing to the integrated technology that includes several peripherals such as barcode scanner, RFID or card reader, POS printer, cash drawer, etc. Such integrated solutions are witnessing a high adoption in FSRs and QSRs due to the high prices of these systems and requirements of the large floor space for installing such systems. These terminals offer a complete system to food outlets that can be installed to handle or manage inventory, sales, orders, and customer profile with the use of a single system. Increasing adoption of these integrated systems in fast food outlets to serve customers and manage their orders effectively is predicted to drive restaurant point of sale terminals market growth.

The North America restaurant (point of sale) POS terminals market is predicted to witness a high growth due to the increasing number of food outlets. Countries including the U.S. and Canada are experiencing an increased number of food outlets to cater to a high consumption rate of the fast food items among the citizens. According to the National Restaurant Association, it was estimated that in 2017, there were around 1 million restaurant locations in the country. These outlets are adopting advanced technological solutions to offer flexible payment solutions to their customers, providing an impetus to the restaurant POS terminals market.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/restaurant-pos-terminals-market

Major companies participating in the market include Toshiba Corporation, VeriFone Systems, Inc., TouchBistro, Inc., Toast, Inc., Square, Inc., PAX Technology, Samsung Electronics Co., Ltd., Panasonic Corporation, PAR Technology Corporation, NCR Corporation, NEC Corporation, Micros Systems, Inc., Ingenico Group, and Diebold Nixdorf, among others.

Restaurant (Point of Sale) POS terminals market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in Units from 2013 to 2024, for the following segments:

Restaurant Point of Sale Terminals Market, By Product
o Fixed POS terminals
o Mobile POS terminals
Restaurant Point of Sale Terminals Market, By Component
o Hardware
o Software
o Services
Restaurant Point of Sale Terminals Market, By Application
o FSR
o Fine dine
o Casual dine/Fast casual
o QSR
o Bars & pubs
o Cafes & bistros
o Others

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.