Restaurant Management Software Market is projected to grow at a CAGR of more than 14.89% by 2025


Posted November 19, 2018 by bhaktidi12

Global Restaurant Management Software Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain.

 


Global Restaurant Management Software Market Overview:

According to Market Analyst, Global Restaurant Management Software Market is projected to grow at a healthy growth rate from 2018 to 2025.

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Global Restaurant Management Software Market valued approximately USD 14.3 Billion in 2016 is anticipated to grow with a healthy growth rate of more than 14.89% over the forecast.

The market is likely to witness substantial growth over the forecast period. Technology disruption in the restaurant industry and soaring need for restaurant specific software such as billing and payment processing, inventory management, table management, and menu management are among the key trends stimulating market growth. Moreover, growing awareness regarding importance of data analytics solutions in providing valuable insights to improve day to day operation is poised to provide an upthrust to the market.

Restaurant Management Software Market Segmented on the Basis of Software Type, Deployment Mode, End User, and by Region. On the Basis of Software Type, Market is sub segmented into Front end software, Accounting & cash flow software, Purchasing & inventory management software, Table & delivery management software, Employee payroll & scheduling software. The front end software segment accounted for the leading revenue segment. It is projected to dominate the market throughout the forecast period.

Furthermore, On the Basis of Deployment Mode, Market is sub segmented into On Premise and On Cloud. The on-premise segment dominated the restaurant management software market. The trend is likely to continue over the forecast period owing to rising security concerns and ability to control ownership of data. Based on End use segment, Market is sub segmented into FSR (Full service Restaurant), QSR (Quick Service Restaurant), Institutional. The full service restaurants (FSR) segment was at the forefront of the growth of the market. FSRs are early adopters of any advanced technology catering to maintain their competitive advantage over others restaurants and to meet their changing customer needs.

Regionally, The North America region held the largest share in the overall market. Food service providers in the region are early adopters of restaurant management software solutions such as table management, menu management, kitchen management, employee scheduling, recipe management, and others. However, Asia Pacific is poised to post the highest CAGR over the forecast period.

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The Market is segmented and projected on the basis of major key player’s:

1 HotSchedules

2 Jolt

3 NCR Corporation

4 OpenTable, Inc

5 Oracle Corporation

6 Revel Systems Inc

7 ShopKeep

8 Square Inc

9 Touch Bistro & Fishbowl Inc.

The Market is segmented and projected on the basis of major Region Segmentation

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Key Questions Answered in this Report:

1 What will the market size be in 2025?

2 What is driving this market??

3 What are the challenges to market growth?

4 Who are the key players in Restaurant Management Software Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Global Restaurant Management Software Market Definition and Scope

2 Research Methodology

3 Executive Summary

4 Global Restaurant Management Software Market Dynamics

5 Global Restaurant Management Software Market, By Component

6 Global Restaurant Management Software Market, By Technology

7 Global Restaurant Management Software Market, By Application

8 Global Restaurant Management Software Market, by Regional Analysis

9 Competitive Intelligence

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Issued By https://www.businessindustryreports.com/
Country India
Categories Engineering
Tags global restaurant management software market , restaurant management software , restaurant management software market
Last Updated November 19, 2018