Press release
Restaurant Point-of-Sale (POS) Terminals Market to Reach US$ 51.60 Billion by 2034, Growing at 7.9% CAGR
Restaurant Point-of-Sale (POS) Terminals Market
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide restaurant point-of-sale (POS) terminals market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by product, component, end user, deployment, application, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/restaurant-pos-terminals-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Restaurant point-of-sale (POS) terminals are electronic solutions designed to enhance and oversee restaurant functions, such as order collection, payment handling, inventory management, and sales tracking. These kiosks typically feature touchscreens, printers, and card readers, allowing employees to assist customers effectively. Advanced POS systems connect with reservation and delivery services, offering real-time information and improving the customer dining experience while boosting operational efficiency for restaurant owners and managers.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โ Cloud-based solutions provide enhanced flexibility, scalability, and accessibility for restaurant owners and operators. They allow instant data access from various locations, streamlining activities like inventory control, sales monitoring, and analysis of customer preferences remotely.
โ The extensive use of contactless technology is driven by the increase in mobile payment methods and an intensified emphasis on hygiene and safety. Restaurants are progressively adopting POS systems that facilitate contactless payments, improving the customer experience and responding to the rising demand for smooth and safe transactions.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/restaurant-pos-terminals-market/request-for-discount-pricing
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
As the market expands, competition is expected to increase with the involvement of numerous businesses. Here are the top companies in the restaurant point-of-sale (POS) terminals market:
โข Aireus Inc.
โข NCR Corporation
โข Oracle Corporation
โข ParTech, Inc.
โข PAX Technology Limited
โข POSsible POS
โข Sainsbury's
โข ShopKeep (now part of LightSpeed)
โข Snack POS
โข Toast, Inc.
๐๐๐ฌ๐ญ๐๐ฎ๐ซ๐๐ง๐ญ ๐๐จ๐ข๐ง๐ญ-๐จ๐-๐๐๐ฅ๐ (๐๐๐) ๐๐๐ซ๐ฆ๐ข๐ง๐๐ฅ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
โข July 2024: PAR Technology Corporation acquired TASK Group Holdings Limited in a strategic move to expand its market presence and enhance operational synergies. The acquisition was made through the issuance of 2,163,393 PAR shares and USD 131.5 million in cash. This deal aims to strengthen PAR's capabilities in the restaurant point-of-sale (POS) terminals market, positioning the company for further growth and technological advancement.
โข August 2024: Sainsbury's extended its longstanding partnership with NCR Voyix, signing a seven-year agreement to improve its shopping experience. This upgrade involves the integration of NCR Voyix's POS and self-checkout systems, powered by artificial intelligence (AI). By leveraging AI, the system aims to enhance customer service and streamline operational efficiency, ultimately providing a smoother and more engaging shopping experience for customers.
โข August 2023: Snack POS, a provider of restaurant point-of-sale systems, entered into a partnership with PAX, a secure electronic payment terminal supplier, to introduce EMV-enabled terminals. This collaboration enhances payment security and convenience for restaurants, offering a more secure and seamless transaction process for both restaurants and their customers. The integration of EMV technology reflects the growing focus on improving payment security in the industry.
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/restaurant-pos-terminals-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, North America led the global market in 2024 because of the swift growth of the restaurant sector and the significant number of suppliers offering restaurant POS software.
Also, Asia Pacific is anticipated to register a substantial CAGR over the projection period because of swift urban growth in developing economies.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
By Product Outlook (Revenue, USD Billion, 2020-2034)
โข Fixed
o Self-Serve Kiosks
o Cash Counters Terminal
o Vending Machine
โข Mobile
By Component Outlook (Revenue, USD Billion, 2020-2034)
โข Hardware
o Swipe Card Machine
o Touch Screen/Desktop
o Others
โข Software
By End User Outlook (Revenue, USD Billion, 2020-2034)
โข Fine Dining Restaurants
โข Casual Dining Restaurants
โข Bars and Pubs
โข Fast Food Restaurants
โข Others
By Deployment Outlook (Revenue, USD Billion, 2020-2034)
โข Cloud
โข On-Premise
By Application Outlook (Revenue, USD Billion, 2020-2034)
โข Front-End
โข Back-End
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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