Press release
Quick Service Restaurant IT Market Key Company Outlook 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
Global Quick Service Restaurant IT Market
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. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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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.
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.
Key Reasons to Purchase:
• To gain insightful analyses of the market and have comprehensive understanding of the Global Quick Service Restaurant IT Market and its commercial landscape.
• Assess the Quick Service Restaurant IT production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the Quick Service Restaurant IT Market and its impact in the Global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for Global Quick Service Restaurant IT Market.
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
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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.
Speak to Author of the report @ https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-quick-service-restaurant-it-market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
About Us:
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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