DUBLIN, May 23, 2022--(BUSINESS WIRE)--The "Restaurant Point of Sale Terminal Market Research Report by Product (Fixed POS Terminal and Mobile POS Terminal), Component, Application, End-User, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Restaurant Point of Sale Terminal Market size was estimated at USD 14.12 billion in 2021, USD 15.05 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.72% to reach USD 20.88 billion by 2027.
In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.
The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States.
This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.
This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Restaurant Point of Sale Terminal market considering the current update on the conflict and its global response.
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.
It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others.
Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
1.3. Years Considered for the Study
5.1.1.1. Growing demand for mobile POS terminals in restaurants
5.1.1.2. Multiple functions provided by POS for restaurant management
5.1.1.3. Gradual shift toward EMV-based cards
5.1.2.1. Rising concerns about data security and privacy
5.1.3.1. Rising technology advancement point of sales terminal software
5.1.3.2. Growing number of food delivery applications in emerging economies
5.1.4.1. Lack of IT infrastructure in emerging economies
5.3. Cumulative Impact of 2022 Russia Ukraine Conflict
6. Restaurant Point of Sale Terminal Market, by Product
7. Restaurant Point of Sale Terminal Market, by Component
8. Restaurant Point of Sale Terminal Market, by Application
9. Restaurant Point of Sale Terminal Market, by End-User
10. Americas Restaurant Point of Sale Terminal Market
11. Asia-Pacific Restaurant Point of Sale Terminal Market
12. Europe, Middle East & Africa Restaurant Point of Sale Terminal Market
13.3. Market Share Analysis, By Key Player
13.4.3. New Product Launch & Enhancement
For more information about this report visit https://www.researchandmarkets.com/r/vpo7ex
View source version on businesswire.com: https://www.businesswire.com/news/home/20220523005758/en/
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