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What is the current size and annual growth rate of the restaurant point of sale (pos) software market?
The restaurant point of sale (POS) software market size has grown strongly in recent years. It will grow from $11.49 billion in 2024 to $12.48 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to technology advancements, regulatory compliance, changing consumer behavior, demand for data insights, globalization and expansion, and competition and efficiency.
The restaurant point of sale (POS) software market size is expected to see strong growth in the next few years. It will grow to $17.27 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to contactless payment adoption, integration with ai and machine learning, emphasis on sustainability, regulatory changes, demand for omnichannel solutions, and focus on customer experience. Major trends in the forecast period include cloud-based solutions, mobile pos, subscription-based pricing models, integration with third-party apps, data security and compliance.
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Which major factors have contributed to the expansion of the restaurant point of sale (pos) software market?
The expansion of the Food & Beverages industry is expected to propel the growth of the restaurant point of sale (POS) software market going forward. The Food & Beverages industry encompasses producing, processing, distributing, and selling edible goods and non-alcoholic drinks. The expansion of the Food & Beverages industry is due to changing consumer preferences, population growth, globalization, and technological advancements. Restaurant point of sale (POS) software streamlines operations, manages orders, tracks inventory, and enhances customer experiences in the Food & Beverages industry. For instance, in October 2023, according to the Government of Canada, a Canada-based government agency, in 2022, exports of processed food and beverage products reached a record high of $54.3 billion, marking a 14.1% increase from 2021 and representing 34.7% of total production value. Therefore, the expansion of the Food & Beverages industry is driving the growth of the restaurant point of sale (POS) software market.
How is the restaurant point of sale (pos) software market segmented?
The restaurant point of sale (POS) software market covered in this report is segmented –
1) By Type: Terminal POS System, Tablet POS System, Mobile POS System, Online POS System, Self-Service Kiosk POS System, Other Types
2) By Component: Software, Hardware, IT & Communication Technology
3) By Application: Inventory Management, Employee Clocking, Tablet Compatibility, Receipt Printing, Menu Building, Accounting Integration, Credit OR Debit Card Processing, Other Applications
4) By End-Users: Quick Service Restaurant (QSR), Full-Service Restaurant (FSR), Institutional, Other End Users
Subsegments:
1) By Terminal POS System: Countertop POS Systems, Integrated POS Systems, Cloud-Based Terminal POS
2) By Tablet POS System: Standalone Tablet POS Solutions, Cloud-Based Tablet POS Solutions, Tablet POS With Integrated Payment Solutions
3) By Mobile POS System: Smartphone POS Solutions, Handheld POS Devices, Mobile POS With Contactless Payments, Mobile POS For Delivery And Takeout
4) By Online POS System: Cloud-Based Online Ordering POS, Web-Based POS Solutions, Integration With Delivery Platforms
5) By Self-Service Kiosk POS System: Order Entry Kiosks, Payment Kiosks, Self-Checkout Kiosks
6) By Other Types: Hybrid POS Systems, Virtual POS Solutions, Integrated POS With Kitchen Display Systems (KDS)
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Who are the top competitors in the restaurant point of sale (pos) software market?
Major companies operating in the restaurant point of sale (POS) software market are Oracle Corporation, NCR Corporation, Toshiba Tec Corporation, Infor, Toast POS, Heartland Payment Systems, Shift4 Payments., PAR Tech, TouchBistro Inc., EposNow.com, Clover Network Inc., Revel Systems, SilverWare POS, Upserve Inc., POSist Technologies Pvt. Ltd., LimeTray, Focus POS, BIM POS, FoodZaps Technology, AccuPOS, EZee Technosys, Posera, Restaurant Manager, Aireus Inc.
Which key trends are expected to influence the restaurant point of sale (pos) software market in the coming years?
Major companies operating in the restaurant point of sale (POS) software market are focusing on developing advanced solutions such as AI-powered POS software to gain competitive advantages in the market. AI-powered POS software utilizes artificial intelligence and machine learning algorithms to enhance restaurant operations, customer service, and decision-making processes. For instance, in July 2023, Urban Vyapari, an India-based developer of an AI-powered retail business solutions platform, launched AI-powered POS software and devices engineered to optimize operations by seamlessly managing inventory, billing, supplier relations, cash and credit transactions, delivery app integration, and direct selling on social media platforms such as Facebook and Instagram via UV WebShop and UV SocialShop. These solutions ensure a frictionless payment experience for retailers in both retail and restaurant sectors.
Which regional trends are influencing the restaurant point of sale (pos) software market, and which area dominates the industry?
North America was the largest region in the restaurant point of sale (POS) software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the restaurant point of sale (POS) software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Restaurant Point Of Sale (POS) Software Market Report 2025 Offer?
The restaurant point of sale (pos) software market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Restaurant point of sale (POS) software refers to specialized software explicitly designed to manage transactions, track inventory, and streamline operations within a restaurant or food service establishment. It is an integral element of a restaurant’s technological framework, responsible for handling order processing, inventory management, customer loyalty tracking, and offering insights into sales patterns and customer actions.
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