If a service or product is purchased and the transaction is conducted between the purchaser and the seller using the point-of-sale system is known as the point of sale (POS) purchase. The POS terminal is a synonym for that of the POS system. The POS terminal can be described as an electronic gadget that can be used to conduct sales transactions as well as payment by credit card. The majority of businesses utilize computers, in conjunction with POS software to simplify the process of managing daily business operations and sales transactions. The world foodservice POS software market was worth US940 million dollars in 2018 , and is predicted to grow to US$1,368 million by 2023 and growing at a CAGR of around 7.8 percent. The growing competition in the industry of restaurants as well as the increasing number of restaurants that offer quick service which is leading to the increasing importance of orderly supply chains and quality of orders. This will likely fuel the development in the restaurant software for POS market. But, the deficiency of technical expertise, along with the low rate of adoption of POS software in restaurants is expected to slow the expansion of the market.

The software for restaurant POS-enabled system for managing restaurants offer many advantages like easy installation, monitoring the performance of every single department in the establishment, connecting orders and allowing real-time monitoring. A POS software program gives mobility to the restaurant’s operations, allowing to increase the efficiency of the kitchen and quality of food and service and reduce the chance of making mistakes.

Based on kind, restaurant POS software market is classified as fixed POS, mobile POS, and fixed POS. It is the mobile POS software segment is anticipated to grow at the fastest CAGR in the forecast time due to the growing usage of mobile technology and numerous benefits offered by mobility POS software.

On the basis of users who are the end-users, the of the end-user POS program, the markets classified as full-service restaurant, fast service restaurant, and various other users. It is the Quick Service Restaurant (QSR) segment is experiencing a greater use of software for restaurant POS.

Restaurant POS Software Market Segmentation Scope

In Type

  • Fixed OS
  • Mobile OS

Based on System Type

  • DOS System
  • Linux System
  • Windows System

by Deployment Type

  • Cloud-Based
  • On-Premises

In Application

  • Order Management
  • Billing Management
  • Delivery Management
  • Stock & Inventory Management

By the End-User

  • Full-Service Restaurant
  • Quick Service Restaurant
  • Other Users

Geographies included:

North America

  • US
  • Canada
  • Mexico

Europe

  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Indonesia
  • Thailand
  • Rest of APAC

Rest of The World

  • Latin America
  • Middle East & Africa

Major players of the restaurant POS Software market are

  • SoftTouch (US)
  • eZeeTechnosys (India)
  • Toast POS (US)
  • BIMPOS (Lebanon)
  • TouchBistro (Canada)
  • PAR Technology (US)
  • AccuPOS (US)
  • FoodZapsTechnology (Singapore)
  • Focus POS (US)
  • Aloha POS/NCR (US)
  • Heartland Payment Systems (US)

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