The Restaurant Point-of-Sale Terminals market size is anticipated to expand at a CAGR of 9.1% from 2025 to 2031. A restaurant POS system is the software and technology that restaurant owners use to run their whole business, from taking orders to managing the floor plan, reservations, sales reports, inventory counts, staff scheduling, and menu pricing. A restaurant's point of sale system is usually a complete restaurant management system. The majority of the best restaurant POS systems on the market are cloud-based, which means that the data they hold (such as sales data, menu prices, inventory levels, reservations, and so on) is stored on a secure internet server.
The restaurant point-of-sale terminals market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. A wide range of POS system suppliers offer various devices and capabilities at varying price points. Some are suited to tiny cafes, pubs, or food trucks, while others may handle full-service restaurants. Restaurant POS solutions might be cloud-based or hybrid, depending on your business requirements. Restaurant Point of Sale (POS) systems are transforming the way restaurants run by transferring data from the back of the house to the servers, cashiers, and greeters in the front. They allow the owner to accept payments from anywhere in your restaurant, including the front, the exit, and even online.
Mobile POS Solutions to Drive Restaurant Point-of-Sale Terminals Market
The scope of the Restaurant Point-of-Sale Terminals market report is primarily divided into five regions - North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is experiencing rapid growth and is anticipated to hold a significant Restaurant Point-of-Sale Terminals market share. The region's significant technological development and booming IT industry have contributed to this growth. North America is home to many developing countries like the US and Canada, driving Restaurant Point-of-Sale Terminals market growth.
The "Restaurant Point-of-Sale Terminals market Analysis" was carried out based on core investment strategies and geography. In terms of component, the market is segmented into hardware, software, and service. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the Restaurant Point-of-Sale Terminals market. A few recent key market developments are listed below:
[Source: Square, Company Website]
The market report "Restaurant Point-of-Sale Terminals Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-
Report Attribute | Details |
---|---|
Market size in 2024 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2025 - 2031) | XX% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The List of Companies
1. Action Systems, Inc.
2. Aireus Inc.
3. Dinerware, Inc.
4. EposNow
5. Harbortouch Payments, LLC
6. Ingenico Group
7. LimeTray
8. NCR Corporation
9. Oracle Corporation
10. PAX Technology Limited
The global Restaurant Point-of-Sale Terminals market is expected to grow at a CAGR of 9.1% during the forecast period 2023 - 2031.
Digitalization in the hospitality sector and Mobile POS solutions are the major factors that propel the global Restaurant Point-of-Sale Terminals market growth.
Contactless payments and digital payment growth are anticipated to bring new Restaurant Point-of-Sale Terminals market trends in the coming years.
The key players holding majority shares in the global Restaurant Point-of-Sale Terminals market are Lightspeed, Shopify, Square, Revel Systems, Clover, and Epos Now.
In terms of revenue, the hardware segment held the major market share in 2023.