Global restaurant management software market expected to reach USD 5,814 Million globally by 2024, at a CAGR of 14.3% between 2018 and 2024. Increasing cashless payment is expected to boost the demand for restaurant management software in the market.
The report analyzes and forecasts the restaurant management software market on a global and regional level. The study offers past data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The assessment of restaurant management software market dynamics gives a brief insight into the drivers and restraints of the restaurant management software market along with the impact they have on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the restaurant management software market on a global level.
The report gives a transparent view of the restaurant management software market. We have included a detailed competitive scenario and portfolio of leading vendors operative in the restaurant management software market. To understand the competitive landscape in the restaurant management software market, an analysis of Porter’s Five Forces model for the restaurant management software market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a crucial view of the restaurant management software by segmenting the market based on software, deployment, end-user, and region. All the segments of the restaurant management software market have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on software, this global market is fragmented into table management, cashflow management, accounting, employee scheduling, order monitoring, payroll processing, analytics, and others. Cloud, on-premise, and hybrid form the deployment segment of the restaurant management software market. The end-user segment comprises full-service restaurants, fast food restaurants, and institutional. The regional segmentation comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe for restaurant management software market with their further division into the U.S., Canada, Mexico, UK, France, Spain, Germany, Russia, China, Japan, India, South Korea, Australia, Brazil, Argentina, UAE, Saudi Arabia, and South Africa, among others.
Some noticeable players of the restaurant management software market are HotSchedules, Clover Network, Inc., Fishbowl Inc., NCR Corporation, Revel Systems Inc., Toast, Inc., OpenTable, Inc., Jolt, Square Inc., Oracle Corporation, and Touch Bistro, among others.
This report segments the global restaurant management software market into:
Global Restaurant Management Software Market: Software Analysis
Global Restaurant Management Software Market: Deployment Analysis
Global Restaurant Management Software Market: End-User Analysis
Global Restaurant Management Software Market: Regional Analysis
List of Figures
1. Global Restaurant Management Software market Segmentation by Software, Deployment, End-User, and Geography
2. Global Restaurant Management Software market, 2017-2024(USD Million)
3. Porter’s Five Forces Analysis: Restaurant Management Software Market
4. Global Restaurant Management Software Market Attractiveness, by Software
5. Global Restaurant Management Software Market Attractiveness, by Deployment
6. Global Restaurant Management Software Market Attractiveness, by End-User
7. Global Restaurant Management Software market Attractiveness, by Region
8. Global Restaurant Management Software Market Revenue Share, by Software, 2017 &2024(USD Million)
9. Global Restaurant Management Software Market by Table Management, 2015 – 2024(USD Million)
10. Global Restaurant Management Software Market by Cashflow Management, 2015 – 2024(USD Million)
11. Global Restaurant Management Software Market by Accounting, 2015 – 2024(USD Million)
12. Global Restaurant Management Software Market by Employee Scheduling, 2015 – 2024(USD Million)
13. Global Restaurant Management Software Market by Order Monitoring, 2015 – 2024(USD Million)
14. Global Restaurant Management Software Market by Payroll Processing, 2015 – 2024(USD Million)
15. Global Restaurant Management Software Market by Analytics, 2015 – 2024(USD Million)
16. Global Restaurant Management Software Market by Others, 2015 – 2024(USD Million)
17. Global Restaurant Management Software Market Revenue Share, by Deployment, 2017 &2024(USD Million)
18. Global Restaurant Management Software Market by Cloud, 2015 – 2024(USD Million)
19. Global Restaurant Management Software Market by On-Premise, 2015 – 2024(USD Million)
20. Global Restaurant Management Software Market by Hybrid, 2015 – 2024(USD Million)
21. Global Restaurant Management Software Market Revenue Share, by End-User, 2017 & 2024 (USD Million)
22. Global Restaurant Management Software Market by Full-Service Restaurants, 2015 – 2024(USD Million)
23. Global Restaurant Management Software Market by Fast Food Restaurants, 2015 – 2024(USD Million)
24. Global Restaurant Management Software Market by Institutional, 2015 – 2024(USD Million)
25. Global Restaurant Management Software Market Revenue Share, by Region, 2017-2024(USD Million)
26. North America Restaurant Management Software market, 2015-2024 (USD Million)
27. Europe Restaurant Management Software market, 2015-2024,(USD Million)
28. Asia Pacific Restaurant Management Software market, 2015-2024(USD Million)
29. Latin America Restaurant Management Software market, 2015 – 2024(USD Million)
30. The Middle East and Africa Restaurant Management Software market, 2015 – 2024 (USD Million)
List of Tables
1. Global Restaurant Management Software market snapshot
2. Drivers for Restaurant Management Software market: Impact analysis
3. Restraints of Restaurant Management Software market: Impact analysis
4. North America Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
5. North America Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
6. North America Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
7. The U.S. Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
8. The U.S. Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
9. The U.S. Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
10. Canada Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
11. Canada Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
12. Canada Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
13. Mexico Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
14. Mexico Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
15. Mexico Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
16. Europe Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
17. Europe Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
18. Europe Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
19. UK Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
20. UK Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
21. UK Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
22. France Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
23. France Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
24. France Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
25. Spain Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
26. Spain Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
27. Spain Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
28. Germany Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
29. Germany Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
30. Germany Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
31. Russia Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
32. Russia Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
33. Russia Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
34. Rest of Europe Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
35. Rest of Europe Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
36. Rest of Europe Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
37. Asia Pacific Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
38. Asia Pacific Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
39. Asia Pacific Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
40. China Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
41. China Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
42. China Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
43. Japan Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
44. Japan Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
45. Japan Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
46. India Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
47. India Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
48. India Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
49. South Korea Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
50. South Korea Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
51. South Korea Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
52. Australia Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
53. Australia Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
54. Australia Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
55. Rest of Asia Pacific Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
56. Rest of Asia Pacific Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
57. Rest of Asia Pacific Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
58. Latin America Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
59. Latin America Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
60. Latin America Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
61. Argentina Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
62. Argentina Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
63. Argentina Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
64. Brazil Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
65. Brazil Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
66. Brazil Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
67. Rest of Latin America Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
68. Rest of Latin America Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
69. Rest of Latin America Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
70. The Middle East and Africa Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
71. The Middle East and Africa Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
72. The Middle East and Africa Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
73. UAE Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
74. UAE Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
75. UAE Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
76. Saudi Arabia Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
77. Saudi Arabia Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
78. Saudi Arabia Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
79. South Africa Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
80. South Africa Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
81. South Africa Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
82. Rest of MEA Restaurant Management Software Market Revenue, By Software, 2015 – 2024 (USD Million)
83. Rest of MEA Restaurant Management Software Market Revenue, By Deployment, 2015 – 2024 (USD Million)
84. Rest of MEA Restaurant Management Software Market Revenue, By End-User, 2015 – 2024 (USD Million)
Restaurant management software is designed for the foodservice industry, which helps the restaurant authorities to manage their businesses more effectively. It helps also the managers and hotel management to know the overall daily customer count and strategize accordingly. This software is used for various processes, such as billing, ordering, inventory management, and queue management.
The restaurant management software market is likely to boost in the forecast time period, owing to the increasing number of hotels and restaurants globally. In 2017, the global restaurant industry revenue was valued at USD 798.7 billion as compared to USD 586.7 billion in 2010. Restaurant owners require solutions that help them to maximize profits and reduce cost and wastage. Furthermore, the rising technological investments made by various restaurants are also projected to boost this market. In 2016, Starbucks Corporation announced investments in digital initiatives between USD 275—300 million as compared to USD 145 million in 2015. The restaurant management software market is anticipated to grow rapidly in the future, due to substantial developments made in the hospitality sector. These developments can be attributed to the flourishing travel industry, as increased tourism results in an upsurge of restaurants and fast food. In 2017, the global travel industry bookings were USD 1.6 trillion. However, rising cyber attacks might limit the restaurant management software market globally in the years ahead.
The restaurant management software market is segmented on the basis of software, deployment, and end-user. By software, the market is fragmented into table management, cashflow management, accounting, employee scheduling, order monitoring, payroll processing, analytics, and others. The cloud-based segment is likely to grow substantially in the future, due to the increasing investments made by various solution providers in cloud-based technology.
By region, Europe is likely to hold a substantial share of the restaurant management software market globally in the future. This can be attributed to the rising tourism in the region, as tourism has influenced the dining sector majorly and created numerous job opportunities and restaurants need solutions that help them track their inventory and sales. The Asia Pacific region is anticipated to offer growth opportunities for the restaurant management software market players in the future, due to increased technological investments by various regional restaurants. The Latin American restaurant management software market is expected to grow significantly in the upcoming years, due to the rising foreign direct investments in the region’s hospitality sector.
Some noticeable players of the restaurant management software market are HotSchedules, Clover Network, Inc., Fishbowl Inc., NCR Corporation, Revel Systems Inc., Toast, Inc., OpenTable, Inc., Jolt, Square Inc., Oracle Corporation, and Touch Bistro, among others.
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