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According to the latest research, the global POS Software for Food and Drink market size was valued at USD 990.75 million in 2022 and is expected to expand at a CAGR of 10.84% during the forecast period, reaching USD 1837.62 million by 2028.
Point-of-sale software is a tool used by physical stores to sell in person. Sometimes it is a cash register, a computer, or even a tablet, where the cashier enters the product, calculates the cost, and conducts financial transactions. There are two main types of POS software: On-premise and cloud-based software. Cloud-based POS software is becoming more and more popular.
Influence of COVID-19 Outbreak on POS Software for Food and Drink Industry Development
The new coronavirus not only threatens the lives of people all over the world, causing social anxiety and pessimism, but also affects the global industrial chain. Pessimists predict that the world economy will never go back. This conclusion has a certain basis. Since the outbreak of the epidemic, the number of confirmed cases has been increasing, and transactions and normal business activities have been forced to stall. The catering industry has been severely hit, and this impact has spread along the value chain, which has also brought adverse effects to the industry. According to a blog post by Toast CEO Chris Comparato, Toast reduced its workforce by 50% through layoffs and vacations. It also lowered executive salaries, froze hiring, suspended bonuses and withdrew offers. In a blog post, Comparato cited how restaurant revenue was hit hard in March and affected Toast's operations. Before the pandemic broke out, Toast's revenue grew 109% in 2019.
The impact of the epidemic on the POS software industry will depend on the development of the epidemic. But a clear turning point has not yet arrived, and economic losses have already been caused. Judging from the current situation, the negative impact is likely to exceed the positive impact, and the epidemic may drag down the growth rate of the industry.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:
NCR is one of the major players operating in the POS Software for Food and Drink market, holding a share of 9.79% in 2020.
NCR is a POS software provider in the retail and hotel industry, as well as a provider of ATM software. The software, hardware and services they create can provide enterprises with the entire operation process from the back-end to the front-end.
NCR is headquartered in downtown Atlanta, Georgia, with more than 34,000 employees in 160 countries/regions, and solutions in 141 countries/regions.
Toast, Inc. is a cloud-based restaurant software company. The company designed and developed a sales and management software system that can help restaurants improve operations, increase sales, and create a better guest experience. Toast serves customers worldwide.
Segmentation Overview:
Among different product types, Cloud based segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the FSR (Full Service Restaurant) segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the POS Software for Food and Drink industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of POS Software for Food and Drink. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global POS Software for Food and Drink Market Report Include:
Market Size Estimates: POS Software for Food and Drink market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: POS Software for Food and Drink market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the POS Software for Food and Drink market
Segment Market Analysis: POS Software for Food and Drink market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: POS Software for Food and Drink market situations and prospects in major and top regions and countries
POS Software for Food and Drink Market
POS Software for Food and Drink Industry Chain: POS Software for Food and Drink market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
POS Software for Food and Drink Industry News, Policies by regions
POS Software for Food and Drink Industry Porters Five Forces Analysis
Key players in the global POS Software for Food and Drink market are covered in Chapter 2:
ShopKeep
PAR (Brink POS and PixelPoint)
Revel Systems
AccuPOS
Oracle Hospitality
Square
Focus POS
Heartland Payment Systems
SoftTouch
Shift4 Payments
TouchBistro
SilverWare POS
Toast POS
NCR
Clover Network, Inc.
In Chapter 6 and Chapter 9, on the basis of types, the POS Software for Food and Drink market from 2018 to 2028 is primarily split into:
On-premise
Cloud based
In Chapter 7 and Chapter 10, on the basis of applications, the POS Software for Food and Drink market from 2018 to 2028 covers:
FSR (Full Service Restaurant)
QSR (Quick Service Restaurant)
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global POS Software for Food and Drink market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the POS Software for Food and Drink industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of POS Software for Food and Drink market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the POS Software for Food and Drink industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on POS Software for Food and Drink market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the POS Software for Food and Drink market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed POS Software for Food and Drink market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Point-of-sale software is a tool used by physical stores to sell in person. Sometimes it is a cash register, a computer, or even a tablet, where the cashier enters the product, calculates the cost, and conducts financial transactions. There are two main types of POS software: On-premise and cloud-based software. Cloud-based POS software is becoming more and more popular.
Influence of COVID-19 Outbreak on POS Software for Food and Drink Industry Development
The new coronavirus not only threatens the lives of people all over the world, causing social anxiety and pessimism, but also affects the global industrial chain. Pessimists predict that the world economy will never go back. This conclusion has a certain basis. Since the outbreak of the epidemic, the number of confirmed cases has been increasing, and transactions and normal business activities have been forced to stall. The catering industry has been severely hit, and this impact has spread along the value chain, which has also brought adverse effects to the industry. According to a blog post by Toast CEO Chris Comparato, Toast reduced its workforce by 50% through layoffs and vacations. It also lowered executive salaries, froze hiring, suspended bonuses and withdrew offers. In a blog post, Comparato cited how restaurant revenue was hit hard in March and affected Toast's operations. Before the pandemic broke out, Toast's revenue grew 109% in 2019.
The impact of the epidemic on the POS software industry will depend on the development of the epidemic. But a clear turning point has not yet arrived, and economic losses have already been caused. Judging from the current situation, the negative impact is likely to exceed the positive impact, and the epidemic may drag down the growth rate of the industry.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:
NCR is one of the major players operating in the POS Software for Food and Drink market, holding a share of 9.79% in 2020.
NCR is a POS software provider in the retail and hotel industry, as well as a provider of ATM software. The software, hardware and services they create can provide enterprises with the entire operation process from the back-end to the front-end.
NCR is headquartered in downtown Atlanta, Georgia, with more than 34,000 employees in 160 countries/regions, and solutions in 141 countries/regions.
Toast, Inc. is a cloud-based restaurant software company. The company designed and developed a sales and management software system that can help restaurants improve operations, increase sales, and create a better guest experience. Toast serves customers worldwide.
Segmentation Overview:
Among different product types, Cloud based segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the FSR (Full Service Restaurant) segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the POS Software for Food and Drink industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of POS Software for Food and Drink. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global POS Software for Food and Drink Market Report Include:
Market Size Estimates: POS Software for Food and Drink market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: POS Software for Food and Drink market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the POS Software for Food and Drink market
Segment Market Analysis: POS Software for Food and Drink market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: POS Software for Food and Drink market situations and prospects in major and top regions and countries
POS Software for Food and Drink Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.POS Software for Food and Drink Industry Chain: POS Software for Food and Drink market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
POS Software for Food and Drink Industry News, Policies by regions
POS Software for Food and Drink Industry Porters Five Forces Analysis
Key players in the global POS Software for Food and Drink market are covered in Chapter 2:
ShopKeep
PAR (Brink POS and PixelPoint)
Revel Systems
AccuPOS
Oracle Hospitality
Square
Focus POS
Heartland Payment Systems
SoftTouch
Shift4 Payments
TouchBistro
SilverWare POS
Toast POS
NCR
Clover Network, Inc.
In Chapter 6 and Chapter 9, on the basis of types, the POS Software for Food and Drink market from 2018 to 2028 is primarily split into:
On-premise
Cloud based
In Chapter 7 and Chapter 10, on the basis of applications, the POS Software for Food and Drink market from 2018 to 2028 covers:
FSR (Full Service Restaurant)
QSR (Quick Service Restaurant)
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global POS Software for Food and Drink market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the POS Software for Food and Drink industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of POS Software for Food and Drink market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the POS Software for Food and Drink industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on POS Software for Food and Drink market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the POS Software for Food and Drink market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed POS Software for Food and Drink market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
