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According to our (Global Info Research) latest study, the global Quick Service Restaurant (QSR) IT market size was valued at USD 14600 million in 2023 and is forecast to a readjusted size of USD 23570 million by 2030 with a CAGR of 7.1% during review period.
A fast food restaurant, also known as a quick service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast food cuisine and has minimal table service.
The global quick service restaurants (QSR) IT market is primarily gaining from the increasing need of quick service restaurants to devise new ways of revenue generation to beat competition which is rising at a rapid pace. Today, QSRs are innovating and adopting solutions such as digital signage, point of sales solutions, digital menu cards, handheld devices, and kiosks in a bid to offer differentiated services. Apart from this, the rising adoption of mobile payment solutions is also stoking growth of QSR IT market. This requires quick service restaurants to be equipped with a robust and up to date IT infrastructure.
Global Quick Service Restaurant (QSR) IT key players include Verifone Systems, NCR Corporation, etc. Global top two manufacturers hold a share about 10%.
Asia-Pacific is the largest market, with a share about 50%, followed by North America and Europe, both have a share about 45 percent.
In terms of product, Hardware is the largest segment, with a share about 65%. And in terms of application, the largest application is Large Consumers, followed by Small Consumers.
The Global Info Research report includes an overview of the development of the Quick Service Restaurant (QSR) IT industry chain, the market status of Large Consumers (Hardware, Software), Small Consumers (Hardware, Software), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Quick Service Restaurant (QSR) IT.
Regionally, the report analyzes the Quick Service Restaurant (QSR) IT markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Quick Service Restaurant (QSR) IT market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Quick Service Restaurant (QSR) IT market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Quick Service Restaurant (QSR) IT industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Hardware, Software).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Quick Service Restaurant (QSR) IT market.
Regional Analysis: The report involves examining the Quick Service Restaurant (QSR) IT market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Quick Service Restaurant (QSR) IT market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Quick Service Restaurant (QSR) IT:
Company Analysis: Report covers individual Quick Service Restaurant (QSR) IT players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Quick Service Restaurant (QSR) IT This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Large Consumers, Small Consumers).
Technology Analysis: Report covers specific technologies relevant to Quick Service Restaurant (QSR) IT. It assesses the current state, advancements, and potential future developments in Quick Service Restaurant (QSR) IT areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Quick Service Restaurant (QSR) IT market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Quick Service Restaurant (QSR) IT market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
- Hardware
- Software
- Service
Market segment by Application
- Large Consumers
- Small Consumers
Market segment by players, this report covers
- Verifone Systems Inc
- NCR Corporation
- Cognizant
- PAR Technology Corporation
- NEC Display Solutions of America, Inc.
- LG
- Panasonic Corporation
- Oracle Corporation
- Delphi Display Systems, Inc
- HM Electronics, Inc.
- Revel Systems
- PAX Technology
- SZZT Electronics
- Shenzhen Xinguodu
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Quick Service Restaurant (QSR) IT product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Quick Service Restaurant (QSR) IT, with revenue, gross margin and global market share of Quick Service Restaurant (QSR) IT from 2019 to 2024.
Chapter 3, the Quick Service Restaurant (QSR) IT competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Quick Service Restaurant (QSR) IT market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Quick Service Restaurant (QSR) IT.
Chapter 13, to describe Quick Service Restaurant (QSR) IT research findings and conclusion.