Restaurant Point of Sale (POS) Terminal Market Size, Outlook, Key Players, Revenue, Latest Trends, and Forecast 2032 | Aures Group, Diebold Nixdorf, Incorporated

The global restaurant point of sale (POS) terminal market revenue was around US$ 18.2 billion in 2022 and is estimated to reach US$ 44.6 billion by 2031, growing at a compound annual growth rate (CAGR) of 10.8% during the forecast period from 2023 to 2031.

Restaurant point on sale (POS) systems help restaurant owners streamline sales, food inventory, cash flow, and bookkeeping functions also enhancing the customer experience. Payment gateways, table bookings orders, and management are further functionalities of restaurant point on sale (POS) terminals. Also, some restaurant point on sale (POS) systems have more sophisticated abilities, like a built-in marketing suite and food costing, to aid restaurant managers with planning, budgeting, and carrying out outreach initiatives.

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Factors Influencing Market Growth

- E-wallets, online ordering, table reservations, loyalty programs, and many more features are integrated with POS terminal systems. This factor notably pushes the growth of the restaurant point of sale (POS) terminal market.

- Security risks and high acquisition costs of the POS terminals restrict the growth of the restaurant point on sale (POS) terminal market.

- Technological advancements in the POS terminals like the inclusion of machine learning (ML) and automation are anticipated to boost the growth of the restaurant point of sale (POS) terminal market in upcoming years.

- The growing adoption of POS terminals by restaurants for streamlining operations is anticipated to deliver lucrative opportunities for the restaurant point on sale (POS) market to expand in upcoming years.

Impact of COVID-19

The COVID-19 pandemic had a moderate impact on the restaurant point of sale (POS) terminal industry because most of the restaurants adopted POS terminals to obey social distancing norms. Also, the COVID-19 pandemic provoked people to stay indoors and refrain from outside activities, which affected the growth of the restaurant point of sale (POS) terminal market.

Regional Analysis

In 2022, Asia-Pacific dominated the largest market share in the restaurant point of sale (POS) terminal market. This is attributed to the rapidly evolving and developing food service industry in countries like China and India, which resulted in favorable demographic conditions and raised disposable income levels.

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Leading Companies

The leading prominent companies profiled in the global restaurant point of sale (pos) terminal market are: -

- Aures Group
- Diebold Nixdorf
- Incorporated
- Hewlett Packard Enterprise Development LP
- INGENICO
- Lightspeed Management Company, LLC
- NCR Corporation
- Oracle
- Panasonic Corporation
- PAX Technology Limited
- Posist Technologies Pvt. Ltd.
- Posiflex Technology
- Revel Systems
- Shift4
- Squirrel System
- Touch Dynamic
- Cake
- Toast
- Other prominent key players

Segmentation Outline

The global restaurant point of sale (pos) terminal market segmentation focuses on Component, Deployment Model, Type, Application, End User, and Region.

Segmentation based on Component

- Hardware
- Swipe Card Machine
- Touchscreen/Desktop
- Others
- Software
- Services
- Professional Services
- Managed Services

Segmentation based on Deployment Model

- On-Premise
- Cloud

Segmentation based on Type

- Fixed POS
- Self-serve Kiosks
- Cash Counters Terminals
- Others
- Mobile POS

Segmentation based on Application

- Front End
- Back End

Segmentation based on End User

- Full-service Restaurant (FSR)
- Fine Dine
- Casual Dine
- Quick Service Restaurant (QSR)
- Institutional FSR
- 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

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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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