Quick Service Restaurant IT Market Quick service restaurant IT market is growing because of the increase in the quick service restaurant to generate new ways of revenue to beat competition which is rising at a rapid pace. Rising use of technology and mobile payment is also fueling the growth of quick service restaurant IT market. The quick service restaurant must be equipped with updated IT infrastructure. According to The State of the Specialty Food Industry, food industry continues to grow at a strong clip with dollar sales hit up to USD 127.0 billion, a 15.0% jump in total sales between 2014 and 2016. As per the U.S. Food and Agriculture Industries, in 2017, the food and agriculture industries are the active contributors to the US economy, accounting for around USD 6.79 trillion or 20.4% of total national output. Thus, the above factor shows that the food industry is growing and will derive the demand of quick service restaurant IT.
Market Drivers and Restraints:
Growing innovation and customization in food menu
Rising innovation in food packaging
Growing demand for advanced technology and automation
Fluctuations in food commodities prices
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Some of the leading key players profiled in this study:
The renowned players in quick service restaurant IT market are Abcom Pty Ltd., CAKE CORPORATION, Cognizant, Delphi Display Systems Inc., GoFrugal Technologies Pvt. Ltd., HM Electronics, Inc, Imagine! Print Solutions, LG Display Co. Ltd., Microsoft Corporation, NCR Corporation, NEC Display Solutions of America, Inc., Oracle Corporation, Panasonic Corporation, PAR Technology Corporation, Revel Systems, Inc., Restaurant Service Solutions, Verifone Systems, Inc., The Wendy’s Company, Restaurant Brands International, Dunkin' Brands Group and many more.
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Key Pointers Covered in the Quick Service Restaurant IT Market Trends and Forecast to 2025
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- Quick Service Restaurant IT Market New Sales Volumes
- Quick Service Restaurant IT Market Replacement Sales Volumes
- Quick Service Restaurant IT Market Installed Base
- Quick Service Restaurant IT Market By Brands
- Quick Service Restaurant IT Market Size
- Quick Service Restaurant IT Market Procedure Volumes
- Quick Service Restaurant IT Market Product Price Analysis
- Quick Service Restaurant IT Market Healthcare Outcomes
- Quick Service Restaurant IT Market Cost of Care Analysis
- Quick Service Restaurant IT Market Regulatory Framework and Changes
- Quick Service Restaurant IT Market Prices and Reimbursement Analysis
- Quick Service Restaurant IT Market Shares in Different Regions
- Recent Developments for Quick Service Restaurant IT Market Competitors
- Quick Service Restaurant IT Market Upcoming Applications
- Quick Service Restaurant IT Market Innovators Study
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Scope of the Quick Service Restaurant IT Market
- Current and future of Quick Service Restaurant IT Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Global Quick Service Restaurant IT Market By Component (Hardware (Digital Signage, Kiosks, Drive Thru Terminals, Point of Sales, Handheld Devices, Digital Menu Cards), Software (Front of House, Inventory Management, Reconciliation, Labor Management, HR Software, Data Analytics, Marketing, Restaurant Operation, Support Operation, Franchise Management), Service), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
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