Press release
Restaurant Management Software Market Size, Outlook, Share, Prominent Players, Growth, and Forecast 2032 | Clover Network, LLC, HotSchedules (Fourth Enterprises LLC.), Jolt
A restaurant management software is a system that handles payment processing, daily accounting, and order administration, and streamlines functions and advertising. A restaurant management system helps businesses streamline functions so they may concentrate on improving the reputation of the restaurant.
Modern restaurant management software contains data protection measures to keep sensitive company data, connects all the stakeholders in the performance of the restaurant, simplifies internal processes, and easily handles sales, inventory data management, and labor.
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Factors Influencing Market Growth
- The restaurant management software market share is anticipated to see significant growth during the forecast period because of increased acceptance of quick service restaurant (QSR) services and the rising adoption of advanced restaurant service technologies.
- The rise in the application of seamless payment gateway pushes the growth of the restaurant management software market.
- Due lack of advanced all-in-one restaurant management software hinders the growth of the restaurant management software market.
- Also, the lucrative possibility for the restaurant management software market is estimated to thrive due to the growing entry of subscription-based solutions proposed by new companies.
Impact of COVID-19
The outbreak of COVID-19 has significantly affected the growth of the restaurant management software market. Due rise in demand for restaurant-specific managing software and the adoption of quick service restaurant (QSR) service has especially pushed the demand for the restaurant management software market during the pandemic.
Regional Analysis
In 2022, North America dominated the global restaurant management software market in terms of revenue due to the presence of prime players in this region. The increasing acceptance of quick service restaurant (QSR) services led to the growth of the restaurant management software industry in this region.
Also, growing awareness of the hybrid deployment model, smart point-of-sale (POS) systems, and improved billing & invoice management use case requests in North America are anticipated to push the restaurant management software market trends in this region.
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Leading Companies
The leading prominent companies profiled in the global restaurant management software market are:
- Clover Network, LLC
- HotSchedules (Fourth Enterprises LLC.)
- Jolt
- NCR Corporation
- OpenTable, Inc.
- Oracle Corporation
- Personica (Fishbowl Inc.)
- Revel Systems, Inc.
- Square Capital, LLC (Block, Inc.)
- TouchBistro
- Other prominent key players
Segmentation Outline
The global restaurant management software market segmentation focuses on Solution, Deployment Model, End Use Vertical, and Region.
Segmentation based on Solution
- Front End Solution
- Accounting and Cash Flow Solution
- Purchasing and Inventory Management
- Table and Delivery Management
- Employee Payroll and Scheduling
- Others
Segmentation based on Deployment Model
- Cloud
- On-Premise
Segmentation based on End Use Vertical
- Full-service Restaurant
- Fine Dine
- Casual Dine
- Quick Service Restaurant
- Institutional
- Others
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Segmentation based on Region
- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Reasons to buy this report -
Analyze market outlook with recent trends and SWOT analysis.
Dynamic market scenario along with market growth opportunities for the coming years.
Market segmentation analysis, including qualitative and quantitative research incorporating the impact of economic and non-economic aspects.
Regional and national analyzes integrating supply and demand forces that are influencing market growth.
Market value (millions of dollars) and volume (millions of units) data for each segment and sub-segment
Competitive scenario involving the market share of the main players, along with the new projects and strategies adopted by the players in recent years.
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