seobhushan (38)

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Restaurant POS Terminals Market is projected to
reach CAGR 12.5 by 2027
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Key Insights from Restaurant POS Terminals Market

• Restaurant POS terminals market size is projected
  to exceed USD 25 billion by 2027. Growing
  proclivity towards convenient digital payment
  solutions among people and increasing penetration
  of payment systems like smart cards and mobile
  wallets has significantly impelled the deployment
  of POS terminals across hospitality sector in the
  recent years. Meanwhile, rising adoption of POS
  systems for payment transactions, inventory
  management and online ordering is as well salted
  to augment the growth of market.
• A robust POS payment system helps restaurants
  connect with customers, maintain order level
  transaction data, and manage restaurant marketing
  data to get insights of the buyer data, the items
  sold and marketing information.

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Regional Insights in Restaurant POS Terminals
Market

• Speaking of the regional outlook, Middle East
  Africa is observing higher product adoption
  driven by rising penetration of digitalization in
  the region, which is undeniably providing ample
  growth opportunities to regional restaurant POS
  terminals market. In addition, government
  organizations in the region are also promoting
  the adoption of digital payment techniques.
  According to a study by Mastercard, 82
  respondents in the UAE prefer contactless
  payments as of October 2020.
• Growing usage of smartphones has further
  increased the application of mobile wallets which
  is urging restaurant owners to deploy POS
  terminals. Another important factor favoring the
  adoption of these systems is a rising number of
  international tourists in the region.

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Latest Research Report On Restaurant POS
Terminals Market _at_ https//www.gminsights.com/indu
stry-analysis/restaurant-pos-terminals-market
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https//www.gminsights.com/request-sample/detail/3
073
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Major Companies in Restaurant POS Terminals
Market

• NEC Corporation
• NCR Corporation
• Diebold Nixdorf Incorporated
• Ingenico Group
• PAR Technology Corporation
• Oracle Corporation
• Panasonic Corporation

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Industry Coverage
Restaurant POS Terminals Market

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