Quick Service Restaurant IT 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 IT Market aims to provide a comprehensive presentation of the global market for Quick Service Restaurant IT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Quick Service Restaurant IT. Quick Service Restaurant IT Market contains market size and forecasts of Quick Service Restaurant IT in global, including the following market information:

Global Quick Service Restaurant IT Market Revenue, 2019-2024, 2024-2029, ($ millions)

Global top five companies in 2023 (%)

The global Quick Service Restaurant IT market was valued at US$ 14600 million in 2023 and is projected to reach US$ 17920 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Quick Service Restaurant IT 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 IT Market, by Type, 2019-2024, 2024-2029 ($ millions)

Global Quick Service Restaurant IT Market Segment Percentages, by Type, 2023 (%)

Hardware

Software

Service

Global Quick Service Restaurant IT Market, by Application, 2019-2024, 2024-2029 ($ millions)

Global Quick Service Restaurant IT Market Segment Percentages, by Application, 2023 (%)

Stationary Restaurant Vendors

Mobile and Street Vendors

Global Quick Service Restaurant IT Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)

Global Quick Service Restaurant IT Market Segment Percentages, By Region and Country, 2023 (%)

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 IT revenues in global market, 2019-2024 (estimated), ($ millions)

Key companies Quick Service Restaurant IT revenues share in global market, 2023 (%)

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

QSR IT market include Abcom Pty Ltd

CAKE Corporation

Cognizant

Delphi Display Systems Inc.

GoFrugal Technologies

HM Electronics Inc.

Imagine Print Solutions

LG Display Co. Ltd.

Microsoft Corporation

Oracle Corporation

Panasonic Corporation

NCR Corporation

NEC Display Solutions of America Inc.

PAR Technology Corporation

Restaurant Service Solutions

Revel Systems Inc.

Verifone Systems Inc.

Outline of Major Chapters:

Chapter 1: Introduces the definition of Quick Service Restaurant IT, market overview.

Chapter 2: Global Quick Service Restaurant IT market size in revenue.

Chapter 3: Detailed analysis of Quick Service Restaurant IT company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Quick Service Restaurant IT in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.