Press release
The Restaurant Point Of Sale (POS) Terminal Market is Trending by Leading Companies such as Ingenico Group, NCR Corporation, Revel Systems, Action Systems, EposNow, Harbortouch Payments, LLC., LimeTray, Posera, Oracle Corporation
The Research Insights has come up with a new research report to its explained database and is titled as Global Restaurant Point Of Sale (POS) Terminal Market survey report that summarizes all the essential factors that are expected to change within this market. This report describes through a series of passages which comprise data ranging from vital information to a sum up forecast. The data can thus be used to enhance an organization’s reputation in the global market.The Restaurant Point Of Sale (POS) Terminal Market is expected to reach USD +25 billion by 2025, according to a new report by The Research Insights. The growing demand for POS system among the restaurant operators for billing and management solution such as inventory management, cost management, labor management is a major factor that is predictable to drive the market growth.
A point-of-sale (POS) terminal is an automated substitution for a money or cash register. Considerably more complicated version than the money registers, the point-of-sale system can include the capacity to record and track client orders, process credit and check cards, associate with different frameworks in a system, and oversee stock.
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Top Key Players covered in this Restaurant Point Of Sale (POS) Terminal Market are: Ingenico Group, Verifone Systems Inc., PAX Technology Limited, NCR Corporation, Revel Systems, Action Systems, EposNow, Harbortouch Payments, LLC., LimeTray, Posera, Oracle Corporation, Posist, POSsible POS, Squirrel Systems, Toshiba Corporation, TouchBistro, Aireus Inc., Upserve and Dinerware.
The growing adoption of mobile technologies in the Restaurant Point Of Sale (POS) Terminal Market is providing several advantages to food outlets including increased sales, customer experience improvements, improved security, efficient & accurate transactions, accommodation of the growing transaction volumes, less expensive, easy migration to EMV, and accepting mobile wallet payments. These benefits allow small restaurants to get all the functions that were performed in fixed terminals done at a very affordable cost. Increased mobility of these devices allows these food outlets to provide payment options to customers at their doorsteps with the use of cards or mobile wallets, thereby accelerating the adoption of these solutions in food delivery applications.
Asia Pacific is the fastest growing region in the Restaurant Point Of Sale (POS) Terminal Market owing to the increasing number of QSRs. Countries such as India have people of different religions and castes, having different taste preferences and food specialties. This has resulted in the establishment of several restaurant types delivering such specialty foods. This increasing number of restaurant outlets in the country is encouraging global manufacturers to expand their business presence in the region and offer their diversified solutions in the market.
By End User:
• Fast food restaurants
• Casual dining restaurants
• Fine dining restaurants
• Others (Bars and pubs, cafes, and food trucks)
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Global Restaurant Point of Sale (POS) Terminal Market Report Provides Comprehensive Analysis of:
1. Market industry outline
2. Up and Downstream industry exploration
3. Economy impact highlights finding in Restaurant Point Of Sale (POS) Terminal Market
4. Channels and hypothesis believability
5. Restaurant Point Of Sale (POS) Terminal Market challenge by Players
6. Enhancement suggestions examination
In this study, the years considered to estimate the market size of Restaurant Point Of Sale (POS) Terminal Market are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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The Research Insights – A global leader in analytics, research and advisory that can assist you to renovate your business and modify your approach. With us, you will learn to take decisions intrepidly. We make sense of drawbacks, opportunities, circumstances, estimations and information using our experienced skills and verified methodologies. Our research reports will give you an exceptional experience of innovative solutions and outcomes. We have effectively steered businesses all over the world with our market research reports and are outstandingly positioned to lead digital transformations. Thus, we craft greater value for clients by presenting advanced opportunities in the global market.
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In 2017, the global Restaurant POS Software market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
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