LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global restaurant management software market and it is poised to grow by USD 2.84 bn during 2020-2024, progressing at a CAGR of almost 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Fiserv Inc., International Business Machines Corp., Microsoft Corp., NCR Corp., Oracle Corp., Revel Systems Inc., ShopKeep Inc., Square Inc., Toast Inc., and TouchBistro Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growing focus on improving customer relationship has been instrumental in driving the growth of the market.
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Restaurant Management Software Market 2020-2024: Segmentation
Restaurant Management Software Market is segmented as below:
- North America
- South America
Restaurant Management Software Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The restaurant management software market report covers the following areas:
- Restaurant Management Software Market Size
- Restaurant Management Software Market Trends
- Restaurant Management Software Market Industry Analysis
This study identifies use of digital payment solutions in foodservice industry as one of the prime reasons driving the global restaurant management software market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Restaurant Management Software Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist restaurant management software market growth during the next five years
- Estimation of the restaurant management software market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the restaurant management software market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of global restaurant management software market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DEPLOYMENT
- Market segmentation by deployment
- Comparison by deployment
- On premise – Market size and forecast 2019-2024
- Cloud based – Market size and forecast 2019-2024
- Market opportunity by deployment
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Growing use of digital payment solutions in foodservice industry
- Technological advances in restaurant management software solutions
- Increasing number of strategic alliances
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Fiserv Inc.
- International Business Machines Corp.
- Microsoft Corp.
- NCR Corp.
- Oracle Corp.
- Revel Systems Inc.
- ShopKeep Inc.
- Square Inc.
- Toast Inc.
- TouchBistro Inc.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.