Restaurant POS Terminals Market: What are the Future Growth Opportunities? Top Plyers: Diebold Nixdorf, Hewlett Packard Enterprise, MICROS Systems Inc, NCR Corporation, NEC Corporation, Revel Systems, Toast, Inc., Toshiba, Verifone

Having acquired a majority stake in the global restaurant POS terminals market share, the cafes and bistros are garnering appreciable growth over the past few years. This growth is primarily driven by the rising inclination of young customers in these food joints due to soothing ambience and innovative seating arrangements. This prompts the café masters to deploy modern solutions to attract even more customers, thereby expediting the business growth.

Moreover, several café giants like the Café Coffee Day and Starbucks have implemented the fixed POS solutions at their outlets pertaining to their self-service business process whilst allowing the customers to place an order and pay at the counter.

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Restaurant POS terminals market is defined by a vast product spectrum led by fixed POS terminals which are claimed to be the most widely used POS technologies in the global market. This is aptly credited to the integrated technology finding robust applications in FSRs and QSRs on the grounds of high prices and escalating requirements of the large floor space for installation.

It is imperative to state that the burgeoning presence of food eateries and outlets is likely to foster the industry outlook over the mentioned timeframe.

The Prominent Companies Covered in Restaurant POS Terminals Market Study: -

1. CAKE Corporation
2. Clover Network, Inc.
3. Diebold Nixdorf
4. Hewlett Packard Enterprise
5. Ingenico Group
6. MICROS Systems Inc
7. NCR Corporation
8. NEC Corporation
9. Panasonic
10. Revel Systems
11. Samsung Electronics
12. Square
13. Toast, Inc.
14. Toshiba
15. Verifone

Additionally, mobile solutions in the restaurant POS terminals market are turning out to be one of the most lucrative product spaces for the industry intending to the proliferating requirements for advanced technologies in order to enhance the customer experience and satisfaction levels. The demand for mobile POS terminals system is on a rise because of its provision to offer tableside ordering and payment facilities, which is massively driving the industry growth.

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Strong foothold of various fast food and quick service joints across North America is estimated to impel the restaurant POS terminals market trends over a span of seven years. In addition to that, the fast food consumption rate of citizens in the region, driven by US and Canada, is increasing at a prodigious pace accounting to the expansion in Food-Away-From-Home category of individuals.

Studies claim that the residents across the region spent over an average of USD 54 billion at the fast food outlets, thereby spurring the market expansion worldwide.

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