Restaurant Point of Sale Terminal Market Size Forecasted To Achieve $47.44 Billion By 2029 With Steady Growth

The Restaurant Point of Sale Terminal Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Restaurant Point of Sale Terminal Market Size and Projected Growth Rate?
In recent times, there has been strong growth in the market size of the restaurant point of sale terminal. The size which was valued at $30.91 billion in 2024 is predicted to expand to $32.7 billion in 2025, representing a compound annual growth rate (CAGR) of 5.8%. The substantial growth observed during the historic period can be traced back to factors such as effective and precise transactions, order management facilitation, better inventory management, improved customer service, menu customization, and adhering to regulations.

In the coming years, the market size for restaurant point of sale terminal is projected to experience significant expansion. By 2029, it's anticipated to increase to $47.44 billion, with a compound annual growth rate (CAGR) of 9.7%. The expected growth during the forecast period is credited to elements like customer loyalty programs, data-oriented personalization, improved offline capabilities, sustainability efforts, global expansion, and multi-language support. Noteworthy trends for the forecast period encompass integration with online ordering platforms, contactless payments, enhanced kitchen display integration, emphasis on customer relationship management (CRM), self-service kiosks and ordering stations, and customization and scalability.

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What Are the Major Segments in the Restaurant Point of Sale Terminal Market?
The restaurant point of sale terminal market covered in this report is segmented -

1) By Product: Fixed, Mobile
2) By Deployment Mode: Cloud, On Premise
3) By Component: Software, Hardware, Services
4) By End User: Fast Service Restaurants (FSR), Quick Service Restaurant (QSR), Other End Users

Subsegments:
1) By Fixed: Countertop POS Systems, Self-Service Kiosks, Integrated POS Systems
2) By Mobile: Handheld POS Devices, Tablet POS Systems, Smartphone-Based POS Solutions

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What Are The Driving Restaurant Point of Sale Terminal Market Evolution?
The expansion of the restaurant POS terminal market is expected to be catalyzed by a rising demand for mobile POS systems. These systems, which include wireless devices and smartphone-related devices, operate without wires, performing the duties of both a cash register and an electronic POS terminal. Since mobile POS systems are instrumental in restaurant point-of-sale terminal operations, any increase in demand for one results in an equivalent surge in demand for the other. According to iVend Retail, a software development company based in the United States, there was a notable shift in the focus of retailers - 44% identified mobile POS installation or enhancement as their chief retail innovation priority in 2023, a significant increase compared to 33% in the preceding year. The worldwide market for mobile POS terminals held a valuation of $36.07 billion in 2022 and is anticipated to experience an 11.1% annual growth rate up to 2030. As a consequence, the escalating demand for mobile POS systems is propelling the growth of the restaurant POS terminal market.

Which Firms Dominate The Restaurant Point of Sale Terminal Market Segments?
Major companies operating in the restaurant point of sale terminal market include Squirrel Systems Ltd., Verifone Systems Inc., NCR Corporation, Revel Systems Inc., Aireus Inc., Dinerware Inc., Posist Technologies Pvt. Ltd., Epos Now Ltd., Alchemy Web Private Limited, Touch Bistro Inc., Oracle Corporation, Diebold Nixdorf Inc., Hewlett-Packard Development Company L. P., Ingenico Group, Lavu Inc., Cake Corporation, Mad Mobile Inc., Square Inc., Toast Inc., Brightpearl Limited, Lightspeed POS Inc., Clover Network Inc., PayPal Holdings Inc., SpotOn Inc., Loyverse Inc., Upserve Inc., ShopKeep Inc., Harbortouch Inc., AccuPOS Inc., Future POS LLC, Heartland Payment Systems Inc.

What Trends Are Expected to Dominate the Restaurant Point of Sale Terminal Market in the Next 5 Years?
The advent of technological innovations is a significant trend that is gaining traction in the restaurant POS terminal market. Major market players are honing their focus on emerging tech solutions in a bid to cater to customer needs and maintain their dominance. Openbravo, a cloud-based software firm headquartered in Spain that specializes in the retail and restaurant sectors, made headlines in June 2022. The company launched a Point-of-Sale (POS) system for quick service and fast casual restaurants aiming to hasten services, thereby increasing efficiency and boosting profits. The POS system openbravo has to offer is cloud-based and is reputed for its speed, customer service, and operational efficiency. Given its scalable architecture feature, it is particularly fitting for quick service and fast-casual restaurants with multiple locations.

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Which Is The Largest Region In The Restaurant Point of Sale Terminal Market?
North America was the largest region in the restaurant point of sale terminal market in 2024. The regions covered in the restaurant point of sale terminal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Restaurant Point of Sale Terminal Market?
2. What is the CAGR expected in the Restaurant Point of Sale Terminal Market?
3. What Are the Key Innovations Transforming the Restaurant Point of Sale Terminal Industry?
4. Which Region Is Leading the Restaurant Point of Sale Terminal Market?

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