Infinium Global Research has added a new report on Restaurant
Management Software Market. The
report presents analysis of global as well as regional markets of restaurant
management software market over the period of 2016 to 2024.
A restaurant management software system is designed with
abilities and features to help and manage the restaurant and bar. The point of
sale software is the major advantage for managing the restaurant .Hence, the
point of sale (POS) software is a cash register, computer, or even an iPad
where cashiers input your products, tally the cost, and conduct the financial
transaction. Moreover, restaurants handle a high amount of credit and cash
transaction so the restaurant management software is making the life easier by
tracking all business sales data down to the last cent.
Wait list management that helps guest to check wait list in
their phones as well as receive text when their table is available this is
anticipated to be the key driver driving the growth of the restaurant
management software market. Additionally, improvements in order processing
techniques have simplifies the operations such as payment processing and order
management. This in turn is fuelling the growth of the restaurant management
software market. However, unavailability of single software that incorporates
all the solutions within it is anticipated to be the major factor hampering the
growth of the market over the forecast period.
Furthermore, organizing customers interacting software that
allows the guest to order and pay at the table and data analytics solutions are
proving beneficial to facilitate the business decision. This in turn is
providing several growth opportunities for the key players in the restaurant
management software market over the upcoming years. On the other hand, adoption
of POS software by restaurant owners for application such as billing, food
ordering, payment processing, and order management reporting is anticipated to
trigger the growth of the restaurant management software market over the years
to come.
Among the geographies, North America held the largest share in
the global restaurant management software market as the food service providers
in the North American regions are early adopters of restaurant management
software solutions such as table, menu, and kitchen management. Moreover, the
growth in the food service sectors in the countries such as china and India due
to favorable demographic conditions and increasing disposal income are favoring
immense growth. On the other hand, Asia pacific region is anticipated to
experience rapid development in the market growth over the upcoming years.
Moreover, the growth matrix presented by Infinium Global
Research identifies the key investment markets in the near future, this will
not only help the companies to understand the competitive position in the
global restaurant management software market but also make strategic decisions
to capture the most lucrative markets in the near future.
The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
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The recent report identified that North America dominated the
global restaurant management software market over the last couple of years,
while emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the restaurant management software
market worldwide.
The report segments the global restaurant management software
market on the basis of Software Type and End User .
Global Restaurant Management Software Market by
Software Type
·
Accounting & Cash Flow Software
·
Front End Software
·
Table & Delivery Management Software
·
Purchasing & Inventory Management Software
·
Employee Payroll & Scheduling Software
Global Restaurant Management Software Market by
End User
·
FSR (Full Service Restaurant)
·
QSR (Quick Service Restaurant)
Companies Profiled in the Report
·
Square Inc.
·
ShopKeep
·
Revel Systems Inc.
·
Oracle Corporation
·
OpenTable, Inc.
·
NCR Corporation
·
Jolt
·
HotSchedules
·
Fishbowl Inc.
·
Clover Network, Inc.
About Infinium Global Research
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