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October 29, 2022

, /PRNewswire/ – The “Restaurant Digitization Solutions Market by Type (Software and Hardware) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has been a proud partner with more than 100 Fortune 500 companies for over 16 years.

Technavio has announced its latest market research report titled Global Restaurant Digitization Solutions Market 2022-2026

The potential growth gap for the restaurant digitization solutions market between 2021 and 2026 is USD 6.56 billion. To get the exact annual growth variance and Y-O-Y growth rate, request a Free PDF sample report.

Market Driver: The growing food service industry and changing consumer preferences is the key growth driver in the market. Rapid increase in the urban population has increased the number of consumers of restaurant chains worldwide. Additionally, evolving lifestyles, changing dietary preferences, rapid urbanization, and the growing number of nuclear families are fueling the growth of the global restaurant industry. In addition, exposure to different cultures and lifestyles allowed people to experiment with different cuisines, which created different opportunities for restaurant operators. Thus, food service establishments are focusing on improving customer service, which is increasing the demand for restaurant digitization solutions.

Market challenges: Complications associated with the transition from traditional systems will challenge the growth of the market. End users face various challenges when transitioning from traditional systems to new management systems. Core lead management software team should be formed to support the management, seniors, customer service team, IT team, and end users, which will incur additional costs in the integration of restaurant digitization solutions. After implementation, the process must be re-aligned according to the culture of the team, and it should map the users appropriately with the lead management applications. Such complications are hindering the growth of the global restaurant digitization solutions market.

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By type, the software segment will be a significant contributor to market growth during the forecast period. The growth of the segment can be attributed to the emergence of Industry 4.0 and the growth of the foodservice industry in developing countries. The segment is also driven by the introduction of customized software solutions by vendors.

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By geography, North America will be the leading region accounting for 48% of the market’s growth during the forecast period. The US and Canada are the key markets for restaurant digitization solutions in North America. Market growth in this region will be faster than the growth of the market in the European regions.

Find additional insights into the contribution of each segment and regional opportunities in the report. Buy now for detailed segment information.

Key companies mentioned in the report

The history of Cognizant Technology Solutions Corp.

International Business Machines Corp.

Sharp NEC Display Solutions of America Inc.

Restaurant Management Software Market by Deployment and Geography – Forecasts and Analysis 2021-2025: The rising need for large-scale customer management notably drives the growth of the restaurant management software market, although factors such as complications associated with the transition of traditional systems may hinder market growth.

Recipe Apps Market by End User, Product Type and Geography – Forecast and Analysis 2022-2026: The growing number of vegan consumers notably drives the growth of the restaurant management software market, although the need to comply with regulations may hinder market growth.

Restaurant Digitization Solutions Market Scope

North America, Europe, APAC, South America, and Middle East and Africa

USA, Canada, Germany, France and UK

Leading companies, competitive strategies, consumer engagement scope

Clear Solutions, Cognizant Technology Solutions Corp., Digitory Solutions Pvt. Ltd., Flipdish Ltd., Fourth Enterprises LLC, GOFRUGAL, International Business Machines Corp., MustHaveMenus Inc., NCR Corp., Oracle Corp., Panasonic Corp., ParTech Inc., QSIME DMCC, Revel Systems Inc., Sharp NEC Display Solutions of America Inc., Snappy Innovation Inc., Sticky Menus LLC, TapHunter Inc., TouchBistro Inc., and Virtusa Corp.

Parent market analysis, market growth drivers and obstacles, fast growing and slow growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

If our report does not contain the data you are looking for, you can reach out to our analysts and get segments customized.

3.4 Market Outlook: Forecast for 2021-2026

4.3 Bargaining power of suppliers

5.3 Software – Market Size and Forecasts 2021-2026

5.4 Hardware – Market Size and Forecast 2021-2026

7.3 North America – Market Size and Forecast 2021-2026

7.4 Europe – Market Size and Forecasts 2021-2026

7.5 APAC – Market Size and Forecast 2021-2026

7.6 South America – Market Size and Forecast 2021-2026

7.7 Middle East and Africa – Market Size and Forecast 2021-2026

7.8 US – Market Size and Forecasts 2021-2026

7.9 Canada – Market Size and Forecast 2021-2026

7.10 Germany – Market Size and Forecasts 2021-2026

7.11 France – Market Size and Forecasts 2021-2026

7.12 UK – Market Size and Forecasts 2021-2026

7.13 Market opportunity by geography

8 Drivers, challenges and trends

8.3 Impact of drivers and challenges

10.2 Market Position of Providers

10.3 Cognizant Technology Solutions Corp.

10.4 Digitory Solutions Pvt. Ltd.

10.6 International Business Machines Corp.

11.2 Inclusions and Exclusions Checklist

11.3 Currency conversion charts US$

Technavio is a leading global technology research and consulting company. Her research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, the Technavio report library consists of more than 17,000 reports and counting, over 800 technologies, over 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/

Global Restaurant Digitization Solutions Market 2022-2026

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