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United States Restaurant Point-of-Sale (POS) Terminals Market

United States (US) Restaurant Point-of-Sale (POS) Terminals Market by POS System Type (Mobile/Portable POS Terminals, Traditional POS System, Cloud POS System, Self-Service Kiosk POS System, and Others); by Deployment Mode (Cloud-Based, and On-Premise); by Enterprise Size (Small & Medium Enterprise, and Large Enterprise); and by Restaurant Type {Quick Service Restaurants (QSR), Full-Service Restaurants (FSR), and Others} – Global Demand Analysis & Opportunity Outlook 2020-2030

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Report ID: 3567 | Published On: Feb 07, 2023
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  1. Market Definition and Research Methodology
    1. Market Definition and Segmentation
    2. Assumptions and Acronyms
    3. Research Objective
    4. Research Methodology
  2. Executive Summary
  3. Competitive Positioning
  4. Competitive Landscape
  5. US Restaurant Point-of-Sale (POS) Terminals Market
    1. By Value (USD million)
    2. US Restaurant Point-of-Sale (POS) Terminals Market Segmentation Analysis 2020-2030
      1. By POS System Type
        1. Mobile/Portal POS Terminals
        2. Traditional POS System
        3. Cloud POS System
        4. Self Service Kiosk POS System
        5. Others
      2. By Deployment Mode
        1. Cloud Based
        2. On-premise Based
      3. By Enterprise Size
        1. Small and Medium Enterprise
        2. Large Enterprise
      4. By Restaurant Type
        1. Quick Service Restaurants (QSR)
        2. Full-Service Restaurants (FSR)
          1. Casual Dining
          2. Family-Style
          3. Upscale Dining
          4. Fine Dining
        3. Others
  6. South USA Restaurant Point-of-Sale (POS) Terminals Market
    1. Market by value (USD million)
  7. West USA Restaurant Point-of-Sale (POS) Terminals Market
    1. Market by value (USD million)
  8. Middle West USA Restaurant Point-of-Sale (POS) Terminals Market
    1. Market by value (USD million)
  9. North East USA Restaurant Point-of-Sale (POS) Terminals Market
    1. Market by value (USD million)
  10. Regional Leading POS terminal companies

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Growth Drivers

  • Growing Number of Restaurants in the US
  • Increasing Preference for Food Away from Home

Challenges

  • High Cost of POS Terminals
  • Concerns Related to Cyber Security

United States (US) Restaurant Point-of-Sale (POS) Terminals Market Graph
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United States (US) Restaurant Point-of-Sale (POS) Terminals Market Regional Synopsis
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Regionally, the United States (US) restaurant point-of-sale (POS) terminals market is segmented into South U.S., West U.S., Middle West U.S., and North East U.S. The market in South U.S. registered the largest market revenue of USD 1432.63 Million in the year 2020, and is further expected to garner USD 2863.31 Million by the end of 2030 by growing with a CAGR of 6.92% during the forecast period. One of the major factors anticipated to drive the growth of the market in the region is the increasing presence of restaurants in this part of the region, especially in Texas, Virginia, Alabama, Tennessee, and others. Moreover, the population in several states of South United States is projected to increase significantly in the coming years, and in turn, increase drive the sales of restaurants in the region. According to the statistics by the National Restaurant Association the projected growth rate between the years 2018 and 2030 in Texas, Georgia, Florida, and the South and North Carolina is 14% or more, while that in Tennessee and Virginia is 7% to 13.9%.

projected

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Growth Drivers and Challenges Impacting the Growth of the United States (US) Restaurant Point-of-Sale (POS) Terminals Market

The United States (US) restaurant point-of-sale (POS) terminals market is segmented by POS system type into mobile/portable POS terminals, traditional POS system, cloud POS system, self-service kiosk POS system, and others. Out of these, the mobile/portable POS terminals segment is expected to register the largest market revenue of USD 3613.63 Million by the end of 2030, up from a revenue of USD 1689.14 Million in the year 2020. The market is further segmented by deployment mode into cloud-based and on-premise. Out of these, the on-premise segment registered the largest revenue in the year 2020 and is further expected to attain the highest market share during the forecast period. By enterprise size, the market is segmented into small & medium enterprise and large enterprise, out of which, the small & medium enterprise segment is expected to garner the largest market revenue by the end of 2030 and also grow with the highest CAGR of 6.91% during the forecast period. The market is further segmented by restaurant type into quick service restaurants (QSR), full-service restaurants (FSR), and others. Out of these, the full-service restaurants (FSR) segment is anticipated to hold the highest market share during the forecast period and also attain the largest revenue of USD 3597.29 Million by the end of 2030. The segment is further divided into casual dining, family-style, upscale dining, and fine dining, out of which, the casual dining segment registered the largest market revenue of USD 1140.62 Million in the year 2020, and is expected to hold the highest market share by the end of 2030.

United States (US) Restaurant Point-of-Sale (POS) Terminals Market Segmentation Synopsis

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the United States (US) restaurant point-of-sale (POS) terminals market that are included in our report are BrewPOS, Amber Systems Technologies, Cybrosys Technologies, Intuition Systems, Sintel Systems, TouchBistro Inc., Clover Network, Inc., talech, Inc. (U.S. Bank), Lavu, Inc., Epos Now LLC, Upserve, Inc., Square, Inc., Toast, Inc., Cake Corporation, Lightspeed, NCR Corporation, Heartland Payroll Solutions, Inc., Oracle (MICROS POS Systems), PAR Technology Corp., and others.

Gross Adjusted Household Graph
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Top Featured Companies Dominating the Market

    Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the United States (US) restaurant point-of-sale (POS) terminals market that are included in our report are BrewPOS, Amber Systems Technologies, Cybrosys Technologies, Intuition Systems, Sintel Systems, TouchBistro Inc., Clover Network, Inc., talech, Inc. (U.S. Bank), Lavu, Inc., Epos Now LLC, Upserve, Inc., Square, Inc., Toast, Inc., Cake Corporation, Lightspeed, NCR Corporation, Heartland Payroll Solutions, Inc., Oracle (MICROS POS Systems), PAR Technology Corp., and others.

    Key Reasons to Buy Our Report

    • The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
    • It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
    • The report includes detailed company profiles of the major players dominating the market.
    • We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
    • We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.

In The News

  • July 7th, 2021: ParTech, Inc. announced the launch of an above-store business intelligence platform, OneDataSource, which is suitable for multi-unit and multi-brand operating restaurants with 15+ stores. The platform is an addition to the Brink POS integration partner ecosystem, a unified commerce cloud platform for enterprise restaurants.

  • September 9th, 2019: The U.S. Bank had announced the acquisition of point-of-sale system software company based out of Palo Alto, talech Inc.

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the United States restaurant point-of-sale (POS) terminals market?

Ans: The growing number of restaurants in the U.S. and the increasing preference for food away from home are some of the major factors anticipated to drive the market growth.

2) What would be the CAGR of United States restaurant point-of-sale (POS) terminals market over the forecast period?

Ans: The market is anticipated to attain a CAGR of 6.85% over the forecast period, i.e., 2021-2030.

3) What are the challenges affecting the United States restaurant point-of-sale (POS) terminals market growth?

Ans: The high cost of POS terminals and the concerns related to cyber security are some of the major factors estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of United States restaurant point-of-sale (POS) terminals market in future?

Ans: The South US region is expected to garner USD 2863.31 Million by the end of 2030 and display significant growth opportunities in the future.

5) Who are the major players dominating the United States restaurant point-of-sale (POS) terminals market?

Ans: The major players in the market are BrewPOS, Amber Systems Technologies, Cybrosys Technologies, Intuition Systems, Sintel Systems, TouchBistro Inc., Clover Network, Inc., talech, Inc. (U.S. Bank), Lavu, Inc., Epos Now LLC, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the United States (US) restaurant point-of-sale (POS) terminals market?

Ans: The market is segmented by POS system type, deployment mode, enterprise size, restaurant type, and by region.

8) Which segment captures the largest market size in restaurant type segment in the United States (US) restaurant point-of-sale (POS) terminals market?

Ans: The full-service restaurants (FSR) segment is anticipated to attain the largest revenue of USD 3597.29 Million by the end of 2030 and display significant growth opportunities.

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