Press release
Restaurant Point-of-Sale (POS) Terminals Market Size & Growth, Analysis Report, 2021-2027
The global restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR 7.8% during the forecast period. Increasing demand for self-service kiosks in restaurants is the major factor accelerating the growth of the market. Restaurants have started to employ self-serve kiosks to increase customers’ convenience. The emerging trend of self-service kiosks has been reported in all kinds of restaurants ranging from fast food to sit-down dining. Several enterprise chains have been transforming their ordering model to implement kiosks, online or mobile ordering, and tabletop ordering.(Get 15% Discount on Buying this Report)
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With its implementation, consumers can order without requiring staff interaction. This offers an opportunity for restaurants as it accelerates their profit margins while providing more convenient ways for ordering to customers. Additionally, self-service kiosks can minimize order time by nearly 40%, which is the major benefit of employing self-service kiosks in restaurants. Therefore, self-service kiosks improve the productivity of restaurants while enhancing profit margins as it allows customers to order more food by using kiosk compared to a person. In addition, it can support to increase sales orders by providing incentives upon checkout and incorporate rewards and loyalty programs.
A Full Report of Global Restaurant Point-of-Sale (POS) Terminals Market is Available at: https://www.omrglobal.com/industry-reports/restaurant-point-of-sale-pos-terminals-market
Some prominent players in the market include NCR Corp., HP, Inc., Ingenico Group, Toshiba Corp., and Mad Mobile, Inc. Product launches and mergers and acquisitions are some key strategic initiatives adopted by the market players to leverage their market share. For instance, in November 2019, NCR Corp. declared the acquisition of POS Solutions, a provider of POS and restaurant solutions in central Texas, US. This acquisition will further widen access to NCR’s restaurant technology. NCR solutions such as the NCR Aloha Essentials subscription package and signature NCR Aloha point-of-sale platform offer everything restaurants require to run their business, leverage efficiency, and enhance growth. This will increase NCR capabilities to offer solutions and serve its customers in local restaurant markets, including Austin.
Global Restaurant Point-of-Sale (POS) Terminals Market- Segmentation
By Product
Fixed
Mobile
By End-User
Full-Service Restaurant (FSR)
Quick Service Restaurant (QSR)
Institutional
Others
By Type
Cloud-based
On-Premise
Global Restaurant Point-of-Sale (POS) Terminals Market- Regions
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East & Africa
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Over 100+ paid data sources mined for investigation.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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