North American Restaurant Point-of-Sale (POS) Terminal Market to Generate Record Revenues by 2028

2022-07-15 22:23:00 By : Ms. franlin Xia

The North American restaurant point-of-sale (POS) terminal market is expected to grow at a CAGR of 6.8% during the forecast period.Rising number of restaurants and rising demand for mobile POS are key factors encouraging the growth of the market.The National Restaurant Association predicts US restaurant industry sales of $899 billion in 2020. By 2030, 1.6 million new restaurant jobs will be created in the United States.This is expected to spur the expansion of restaurant chains in the United States, which, in turn, will accelerate the adoption of POS terminals in the country.To request a sample of our North American Restaurant Point of Sale (POS) Terminal Market report: https://www.omrglobal.com/request-sample/north-american-restaurant-point-of-sale -pos- terminals-marketPOS is a system used in all food service and retail industries.The system allows business owners to track sales, food inventory, cash flow and provide support to make bookkeeping immensely easier.One of the benefits of a POS system is that it facilitates communications between servers and kitchen staff.With the use of POS systems, orders are routed through the computer system, directly to the kitchen printer.The other key benefit of a restaurant POS terminal is that it tracks everything from food usage to popular menu items.Due to these advantages, an increased demand for POS terminals has been reported in the region.The North America restaurant POS terminal market is segmented on the basis of product, deployment, and end-user.Based on product, the market is categorized into fixed and mobile POS terminals.Based on deployment, the market is categorized into cloud and on-premises.Cloud-based POS terminals are expected to see potential growth over the forecast period as it is a scalable platform with major advantages such as ease of use, cost effectiveness and Security.It processes and stores sales data online rather than locally on the onsite computer or server.Based on the end user, the market is categorized into FSR, QSR, Institutional and Others.A complete report on the North American Restaurant Point of Sale (POS) Terminal Market is available at https://www.omrglobal.com/industry-reports/north-american-restaurant-point-of-sale-pos -terminals- marketNorth America Restaurant Point of Sale (POS) Terminal Market SegmentationReasons to buy from us –About Orion Market ResearchOrion Market Research (OMR) is a market research and advisory firm known for its clear and concise reports.The company has an experienced team of analysts and consultants.OMR offers quality syndicated research reports, custom research reports, consulting, and other research-based services.Media Contact:Company name: Orion Market ResearchContact Person: Mr. Anurag TiwariYour email address will not be published.Required fields are marked *Powered By WordPress |Royal News Magazine