Quick Service Restaurant Market

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.

Quick Service Restaurant Market researched the Hardware, Software and Service of Quick Service Restaurant (QSR).

Quick Service Restaurant Market contains market size and forecasts of Quick Service Restaurant (QSR) in Global, including the following market information:

Global Quick Service Restaurant (QSR) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Quick Service Restaurant (QSR) market was valued at 14600 million in 2021 and is projected to reach US$ 22700 million by 2028, at a CAGR of 6.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Quick Service Restaurant (QSR) include Verifone Systems, NCR Corporation, Cognizant, PAR Technology Corporation, NEC Display Solutions of America, LG, Panasonic Corporation, Oracle Corporation and Delphi Display Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Quick Service Restaurant (QSR) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Quick Service Restaurant (QSR) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Quick Service Restaurant (QSR) Market Segment Percentages, by Type, 2021 (%)

Hardware

Software

Service

Global Quick Service Restaurant (QSR) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Quick Service Restaurant (QSR) Market Segment Percentages, by Application, 2021 (%)

Large Consumers

Small Consumers

Global Quick Service Restaurant (QSR) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Quick Service Restaurant (QSR) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Quick Service Restaurant (QSR) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Quick Service Restaurant (QSR) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Verifone Systems

NCR Corporation

Cognizant

PAR Technology Corporation

NEC Display Solutions of America

LG

Panasonic Corporation

Oracle Corporation

Delphi Display Systems

HM Electronics

Revel Systems

PAX Technology

SZZT Electronics

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