PUBLISHER: TechNavio | PRODUCT CODE: 1685668
PUBLISHER: TechNavio | PRODUCT CODE: 1685668
The restaurant technology market is forecasted to grow by USD 13403.7 million during 2024-2029, accelerating at a CAGR of 16.3% during the forecast period. The report on the restaurant technology market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for contactless and digital payments, labor shortages and cost optimization, and growth of online food delivery and cloud kitchens.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 16% |
CAGR | 16.3% |
Incremental Value | $13403.7 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's restaurant technology market is segmented as below:
By Type
By End-user
By Geographical Landscape
This study identifies the introduction of new solutions as one of the prime reasons driving the restaurant technology market growth during the next few years. Also, rise of AI and automation in restaurant operations and growing mergers and acquisitions will lead to sizable demand in the market.
The report on the restaurant technology market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading restaurant technology market vendors that include 7shifts Employee Scheduling Software Inc., Clear-solutions.com, Cognizant Technology Solutions Corp., Digitory Solutions Pvt. Ltd., Fiserv Inc., Fishbowl, Fourth Enterprises LLC, International Business Machines Corp., Jolt Software Inc., MustHaveMenus Inc., NCR Voyix Corp., Olo Inc., OpenTable Inc., Oracle Corp., Panasonic Holdings Corp., PAR Technology Corp., Shift4 Payments Inc., Snappy Innovation Inc., Square Inc., and TouchBistro Inc.. Also, the restaurant technology market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: