Restaurant POS Terminals Market 2021 Global Manufacturers – CAKE from Sysco, Diebold Nixdorf, Ingenico Group, Kounta

This report discusses many vital industry facets that influence Global Restaurant POS Terminals industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2027.

Restaurant POS Terminals Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 6.9% in the forecast period of 2021 to 2028,

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: CAKE from Sysco, Diebold Nixdorf, Ingenico Group, Kounta, POS Nation, Revel Systems?Inc, Samsung Electronics, Toshiba, TouchBistro, VeriFone Systems, Inc, POS-X

News and Latest Developments

Square launches restaurant point-of-sale platform- Square, which has already made its way into retail stores and service-based businesses (think hair salons, massage therapists, etc.), is officially getting into the restaurant business with the launch of Square for Restaurants. Square for Restaurants is a point-of-sale system that handles everything from menu updates, floor layouts, employee scheduling and performance tracking to tip splitting.

Square launches restaurant POS system with integrated delivery function- Square is taking another bite out of the restaurant space with the launch of a specialized point-of-sale system with on-demand delivery integration.

Lightspeed launches new flagship restaurant platform in North America with innovative analytics, payments, inventory management- Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced the launch of the all-new Lightspeed Restaurant, a unified hospitality commerce and point-of-sale (POS) platform.

NCR launches award-winning new line of POS terminals for the hospitality industry- DULUTH, Ga. –  NCR Corporation (NYSE : NCR) today announced the market availability of the P1230 and P1530  point-of-sale (POS) terminals that deliver more processing power, higher reliability and ease-of-use all in an energy efficient and award winning design

Market Overview

Global Restaurant Point-of-Sale (POS) Terminals Market Size, Share & Trends Analysis Report, By Product (Fixed and Mobile), By Deployment (Cloud-based and On-Premise), By End-User (FSR, QSR, Institutional, and Others) and Forecast, 2020-2026.

As POS system involves both hardware and software, efficient services that ensure the optimum functioning of the system will witness high demand. The players focus on offering high-quality services to ensure that the integrated hardware and software system runs efficiently. They offer both on-site and remote maintenance services depending on specific customer requirements. Offering an innovative service portfolio further strengthens the manufacturer’s market position. This encourages them to offer high-quality services.

Fixed restaurant POS terminals offer benefits of robust management such as having a cash drawer, employee time clocks, and the capability to manage loyalty programs and gift cards. The traditional POS terminals were used for decades and preferred as the most recognized and accepted way to process cash payments, checks, and credit/debit cards. Large restaurants prefer fixed POS solutions owing to their effective inventory management features. The mobile POS solutions are less secure than fixed solutions and can expose the entire network to fraud, encouraging the shift toward these terminals. Moreover, a fixed restaurant POS terminal can be effectively connected with the screens in the kitchen to display a placed order automatically without manual intervention. The growing need for solutions that enable owners to effectively manage operations during peak hours will propel the industry growth.

The Restaurant POS terminals are the electronic devices that are utilized for the process of card payments at the restaurants. This device reads all the information of debit and credit cards of customers. The restaurant POS allows the restaurants to deliver better customer service by dealing with payment promotions and orders. The Restaurant POS system is often referred to as the point-of-service restaurant since restaurant POS is no longer about sales processing. Modern restaurant POS systems provide a platform that is at the core of any huge or minor food and beverage operation, helping to improve customer experience and streamlining company activities.

Restaurant POS Terminals Market Segmentation:

Breakdown Data by Type

FSR

QSR

Bars & Pubs

Cafes & Bistros

Other

Restaurant POS Terminals Breakdown Data by Application

Fixed POS Terminals

Mobile POS Terminals

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Restaurant POS Terminals market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Restaurant POS Terminals industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Restaurant POS Terminals market research includes the methodical description of the various factors such as the market growth and detailed information about the different company’s revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.

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Restaurant POS Terminals Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Restaurant POS Terminals market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Restaurant POS Terminals market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Restaurant POS Terminals Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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