Emerging Demand for Self-Service Kiosks in Restaurants to Drive the Global Restaurant POS Terminals Market

The global restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR 7.8% during the forecast period. Increasing demand for self-service kiosks in restaurants is the major factor accelerating the growth of the market. Restaurants have started to employ self-serve kiosks to increase customers’ convenience. The emerging trend of self-service kiosks has been reported in all kinds of restaurants ranging from fast food to sit-down dining. Several enterprise chains have been transforming their ordering model to implement kiosks, online or mobile ordering, and tabletop ordering. 

Browse the full report description of "Global Restaurant Point-of-Sale (POS) Terminals Market Size, Share & Trends Analysis Report, By Product (Fixed and Mobile), By Deployment (Cloud-based and On-Premise), By End-User (FSR, QSR, Institutional, and Others) and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/restaurant-point-of-sale-pos-terminals-market

With its implementation, consumers can order without requiring staff interaction. This offers an opportunity for restaurants as it accelerates their profit margins while providing more convenient ways for ordering to customers. Additionally, self-service kiosks can minimize order time by nearly 40%, which is the major benefit of employing self-service kiosks in restaurants. Therefore, self-service kiosks improve the productivity of restaurants while enhancing profit margins as it allows customers to order more food by using kiosk compared to a person. In addition, it can support to increase sales orders by providing incentives upon checkout and incorporate rewards and loyalty programs.

Scope of the Global Restaurant POS Terminals Market

Market Coverage

• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Product, Deployment, and End-User
• Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
• Competitive Landscape- NCR Corp., HP, Inc., Ingenico Group, Toshiba Corp., and Mad Mobile, Inc.

Recent Strategic Initiatives in the Global Restaurant POS Terminals Market

• In August 2020, Mad Mobile, Inc. signed an agreement to acquire CAKE, a restaurant technology company owned by Sysco Corp. The CAKE POS solution serves over 5,000 restaurant locations. This acquisition will increase the vision of Mad Mobile to offer a next-generation POS solution that features an advanced architecture and mobile capabilities. It will integrate its mobile platform with CAKE technology for delivering a mobile-first POS solution for all kinds of restaurants.
• In November 2019, NCR Corp. declared the acquisition of POS Solutions, a provider of POS and restaurant solutions in central Texas, US. This acquisition will further widen access to NCR’s restaurant technology. NCR solutions such as the NCR Aloha Essentials subscription package and signature NCR Aloha point-of-sale platform offer everything restaurants require to run their business, leverage efficiency and enhance growth. This will increase NCR capabilities to offer solutions and serve its customers in local restaurant markets, including Austin. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Restaurant POS Terminals Market-Segmentation

By Product

• Fixed
• Mobile

By Deployment

• Cloud-based
• On-Premise

By End-User

• Full-Service Restaurant (FSR)
• Quick Service Restaurant (QSR)
• Institutional
• Others

Global Restaurant POS Terminals Market– Segment by Region 

North America

• United States
• Canada

Europe

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

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific 

Rest of the World

• Latin America
• The Middle East and Africa

To learn more about this report request a free sample copy @  https://www.omrglobal.com/request-sample/restaurant-point-of-sale-pos-terminals-market