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Global Restaurant Management Software Market Size, Share, Forecast: By Software Type: Front-end Software, Accounting and Cash Flow, Purchasing and Inventory Management, Table and Delivery Management, Employee Payroll and Scheduling, Others; By Deployment: On-Premises, Cloud; Regional Analysis; Competitive Landscape; 2024-2032
Global Restaurant Management Software Market Outlook
The global restaurant management software market size reached approximately USD 5.52 billion in 2023. The market is estimated to grow at a CAGR of 15.0% between 2024 and 2032, reaching a value of around USD 19.41 billion by 2032.
Key Trends in the Market
Restaurant management software is a type of system that comprises functions such as order management, accounting, and payment processing, among others, to streamline operations and marketing. This software is designed to aid restaurant owners and managers operate their businesses more efficiently.
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- One of the most significant restaurant management software market trends is the shift towards cloud-based solutions. This type of software provides various beneficial features such as tracking, employee timesheets, CRM integration, and technical support, among others. It also enables restaurant owners and managers to access stored data from any connected device.
- Online ordering has become increasingly popular in recent years, with many restaurants offering delivery and pickup services through their websites or third-party platforms. The integration of online ordering functions in restaurant management software allows owners and managers of restaurants to easily track orders, update menus, and manage delivery times.
- During the forecast period, the restaurant management software market demand is expected to be fuelled by the increasing use of advanced technologies in restaurant services and the growing popularity of quick service restaurants (QSRs). Additionally, the market is likely to be propelled by the increasing use of smooth and efficient payment gateways in the foodservice sector.
Market Analysis
Based on software type, the market is segmented into front-end software, accounting and cash flow, purchasing and inventory management, table and delivery management, and employee payroll and scheduling, among others. Based on deployment, the market can be bifurcated into on-premises and cloud-based. The major regions of restaurant management software are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global restaurant management software market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Parsley Software Inc.
- Jolt Software, Inc.
- Revel Systems, Inc
- OpenTable Inc.
- Clover Network LLC
- Square Capital, LLC
- Fourth Enterprises LLC.
- TouchBistro Inc.
- MarketMan, Inc.
- MarginEdge Co.
- Others
Market Share by Deployment
Cloud-based restaurant management software is expected to hold a significant position during the forecast period. This can be attributed to its various advantages over on-premises technology such as enhanced accessibility and affordability.
Cloud-based restaurant management software utilises online servers, also known as the cloud, to offer a range of features, including inventory tracking, employee timesheets, CRM integration, and point-of-sale (POS) systems, among others.
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Market Share by Region
In the overall restaurant management software market, the Asia Pacific region is expected to experience a rapid growth in the near future. The increase in demand for better customer services and the surge in the use of point-of-sale software are likely to aid this growth.
In countries like China, India, and Japan, restaurants are implementing software technologies that allow customers to order and pay using smartphones and other devices at their tables. Additionally, restaurants are offering cashback deals and discounts for plastic card payments, which has encouraged customers to go cashless. This shift towards digital payments is likely to drive the deployment of restaurant management software in the coming years.
Competitive Landscape
Clover Network LLC is one of the well-known financial technology companies. The company specialises in building open-architecture point-of-sale solutions for small and medium businesses. The company was founded in 2010 and is based in California, the United. It also offers various payment processing options, including credit and debit card processing, contactless payments, and mobile payments.
Jolt Software, Inc. is a technology company that offers a cloud-based platform designed to help businesses in the restaurant, retail, and hospitality sectors manage their tasks and employee operations efficiently. The company, founded in 2012 and headquartered in Utah, the US, also provides an all-in-one solution that enables businesses to streamline their operations, reduce labour costs, and comply with regulatory requirements.
Jolt's platform is equipped with various features that allow businesses to manage tasks, track employee attendance, schedule shifts, and provide training to staff members.
Revel Systems, Inc. is a leading company providing cloud-based point-of-sale systems. It is a privately held company founded in 2010 and is headquartered in Georgia, the United States. The company has designed its POS systems for various industries, including restaurants, retail stores, grocery stores, and stadiums. The software includes features such as inventory management, employee management, customer relationship management, and analytics.
Other market players include OpenTable Inc., Parsley Software Inc, Square Capital, LLC, Fourth Enterprises LLC., TouchBistro Inc., MarketMan, Inc., and MarginEdge Co., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Software Type |
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| Breakup by Deployment |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Restaurant Management Software Market Analysis
8.1 Key Industry Highlights
8.2 Global Restaurant Management Software Historical Market (2018-2023)
8.3 Global Restaurant Management Software Market Forecast (2024-2032)
8.4 Global Restaurant Management Software Market by Software Type
8.4.1 Front-end Software
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Accounting and Cash Flow
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Purchasing and Inventory Management
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Table and Delivery Management
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Employee Payroll and Scheduling
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Restaurant Management Software Market by Deployment
8.5.1 On-Premises
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Cloud
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Restaurant Management Software Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Restaurant Management Software Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Restaurant Management Software Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Restaurant Management Software Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 South
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Australia
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 Latin America Restaurant Management Software Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Restaurant Management Software Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Parsley Software Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Jolt Software, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Revel Systems, Inc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 OpenTable Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Clover Network LLC
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Square Capital, LLC
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Fourth Enterprises LLC.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 TouchBistro Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 MarketMan, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 MarginEdge Co.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Restaurant Management Software Market: Key Industry Highlights, 2018 and 2032
2. Global Restaurant Management Software Historical Market: Breakup by Software Type (USD Billion), 2018-2023
3. Global Restaurant Management Software Market Forecast: Breakup by Software Type (USD Billion), 2024-2032
4. Global Restaurant Management Software Historical Market: Breakup by Deployment (USD Billion), 2018-2023
5. Global Restaurant Management Software Market Forecast: Breakup by Deployment (USD Billion), 2024-2032
6. Global Restaurant Management Software Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Restaurant Management Software Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Restaurant Management Software Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Restaurant Management Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Restaurant Management Software Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Restaurant Management Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Restaurant Management Software Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Restaurant Management Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Restaurant Management Software Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Restaurant Management Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Restaurant Management Software Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Restaurant Management Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Restaurant Management Software Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 5.52 billion.
The market is assessed to grow at a CAGR of 15% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 19.41 billion by 2032.
The major drivers of the market are the growing popularity of online food delivery and the rising adoption of cloud-based restaurant management software.
The key trends guiding the market growth are the expansion of the foodservice sector, the rising use of point-of-sale software in restaurants, and the growing deployment of innovative technologies in QSRs.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various software types considered in the market report are front-end software, accounting and cash flow, purchasing and inventory management, table and delivery management, and employee payroll and scheduling, among others.
The key players in the market include Parsley Software Inc., Jolt Software, Inc., Revel Systems, Inc, OpenTable Inc., Clover Network LLC, Square Capital, LLC, Fourth Enterprises LLC., TouchBistro Inc., MarketMan, Inc., and MarginEdge Co., among others.
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