Press release
Increase In Adoption of Advanced Technology is Likely to Boost the Food Service Management Software Market During The Forecasted Period
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Key players analyzed in the Global Food Service Management Software Market and Approach
• Agilysys Inc
• Chetu Inc
• Computrition Inc
• Epicor Software Corporation
• Food Service Solutions Inc
• JAMIX Inc
• Omega Software Inc
• The CBORD Group Inc
• Vision Software Technologies Inc
• XtraCHEF
The market leaders are involved in different strategic approach which includes partnership, merger and acquisitions, ventures, and new product development to gain an extra edge over their competitors. The players are also adopting post-COVID strategies to tackle the impact of the COVID-19 on their businesses.
COVID-19 scenario:
• The economic slowdown has led to supply chain disruption and has impacted almost every sector.
• The businesses operating in the Food Service Management Software market have been positively obstructed due to the COVID-19 pandemic increased in the development of the market for 2020 and 2021.
• The government across the world is taking different initiatives to cope up with the slowdown of the economy by taking various relaxation measures.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
Segmentation and Scope Covered:
The global Food Service Management Software market is based on software outlook and deployment outlook.
• The global Food Service Management Software market is based on the software outlook, the market is segmented as Front End Software, Accounting & Cash Flow, Purchasing & Inventory Management, Table & Delivery Management, Employee Payroll & Scheduling.
• The global Food Service Management Software market is based on deployment outlook, the market is segmented as Cloud and On-Premises.
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Global Food Service Management Software Market Geographic Coverage:
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Middle East & Africa (GCC Countries, South Africa, Isreal, Turkey, Rest of Middle East & Africa)
• South America (Brazil, Argentina, Chile, Colombia, and Rest of South America)
North America to account for the largest market size at a significant pace in the Global Food Service Management Software Market
Based on region, North America accounts for the market share in 2020 while Asia Pacific is expected to grow at the highest CAGR during the forecast period. This has been majorly due to the growing adoption of advanced technology and the rise in demand for software solutions like customer management, inventory management, kitchen order taking, POS solutions, and others.
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Identifying the Growth Opportunities of the Market:
In this competitive scenario, the businesses are focusing on creating a value-added impact in the market to sustain in the environment. The study published by Evolve Business Intelligence will provide a detailed analysis of the growth opportunities and identifying products/ services through which the companies can expand and create a value-added results in the market.
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About EvolveBI
Evolve Business Intelligence is market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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