The global Quick Service Restaurant (QSR) IT market size was US$ 12938.5 million in 2020 and is expected to reach US$ 22331.5 million by 2027, from , at a CAGR of 8.1% during 2021-2027. A Quick Service Restaurant (QSR) is a particular type of restaurant that has minimal table service and serves fast food cuisines. The food served at QSRs are typically from a limited menu and is cooked in advance and then kept hot for customers so that they can carry off the food to their home. Information technology (IT) is facilitating the QSR industry in some innovative ways to attract customers.
QSR chains are turning more to technology for the front-end and back-end services that provide more value and convenience to customers. Generation Z is craving for a technology-centric involvement while dining at QSR. As such, they expect technology as a part of dining experience even if it is as simple as digital menu, free Wi-Fi, etc. The global QSR IT market is mainly gaining from the growing need of restaurants to develop new ways of generating revenue to beat their competitors. Nowadays, QSRs are adopting IT solutions for their front-end customer services such as digital menu, digital signage, POS solutions, and back-end services such as inventory management and others. The QSR IT market has tremendous growth prospects in the coming years, owing to the rising adoption of mobile payments solutions and the growing need for accuracy in financial processing from the restaurant side.
By Component
By Application
Geographies covered in QSR IT Market:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players of QSR IT market are
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Quick Service Restaurant (QSR) IT Market, 2016-2023, (US$ Mn)
2.1 Market Snapshot: Global Quick Service Restaurant (QSR) IT Market
2.2 Market Dynamics
2.3 Global Quick Service Restaurant (QSR) IT Market, by Segment, 2018
2.3.1 Global Quick Service Restaurant (QSR) IT Market, by Component, 2018, (US$ Mn)
2.3.2 Global Quick Service Restaurant (QSR) IT Market, by Application, 2018, (US$ Mn)
2.3.3 Global Quick Service Restaurant (QSR) IT Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Quick Service Restaurant (QSR) IT Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Quick Service Restaurant (QSR) IT Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Rising adoption of mobile payment solution
3.2.2 Accuracy in financial processing
3.3 Market Restraints
3.3.1 High operational cost
3.3.2 Robust infrastructure
3.4 Market Opportunities
3.4.1 Demand for IT in point of sale operations
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Quick Service Restaurant (QSR) IT Market, by Component
4.1 Market Overview, by Component
4.1.1 Global Quick Service Restaurant (QSR) IT Market, by Component, 2016-2023 (US$ Mn)
4.1.2 Incremental Opportunity, by Component, From 2018-2023
4.2 Hardware
4.2.1 Global Quick Service Restaurant (QSR) IT Market, by Hardware, 2016-2023,(US$ Mn)
4.3 Software
4.3.1 Global Quick Service Restaurant (QSR) IT Market, by Software, 2016-2023, (US$ Mn)
4.4 Service
4.4.1 Global Quick Service Restaurant (QSR) IT Market, by Service, 2016-2023,(US$ Mn)
Chapter 5 Global Quick Service Restaurant (QSR) IT Market, by Application
5.1 Market Overview, by Application
5.1.1 Global Quick Service Restaurant (QSR) IT Market, by Application, 2016-2023 (US$ Mn)
5.1.2 Incremental Opportunity, by Application, From 2018-2023
5.2 Franchise Management
5.2.1 Global Quick Service Restaurant (QSR) IT Market, by Franchise Management, 2016-2023,(US$ Mn)
5.3 Restaurant Operations
5.3.1 Global Quick Service Restaurant (QSR) IT Market, by Restaurant Operations, 2016-2023,(US$ Mn)
5.4 Inventory Management
5.4.1 Global Quick Service Restaurant (QSR) IT Market, by Inventory Management, 2016-2023,(US$ Mn)
5.5 Others
5.5.1 Global Quick Service Restaurant (QSR) IT Market, by Others, 2016-2023,(US$ Mn)
Chapter 6 Global Quick Service Restaurant (QSR) IT Market, by Region
6.1 Market Overview, by Region
6.1.1 Global Quick Service Restaurant (QSR) IT Market, by Region, 2016-2023,(US$ Mn)
6.2 Attractive Investment Opportunity, by Region, 2018
6.3 North America Quick Service Restaurant (QSR) IT Market
6.3.1 North America Quick Service Restaurant (QSR) IT Market, by Component, 2016-2023 (US$ Mn)
6.3.2 North America Quick Service Restaurant (QSR) IT Market, by Application, 2016-2023 (US$ Mn)
6.3.3 United States Country Profile
6.3.3.1 United States Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.3.4 Canada Country Profile
6.3.4.1 Canada Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.3.5 Mexico Country Profile
6.3.5.1 Mexico Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.4 Europe Quick Service Restaurant (QSR) IT Market
6.4.1 Europe Quick Service Restaurant (QSR) IT Market, by Component, 2016-2023 (US$ Mn)
6.4.2 Europe Quick Service Restaurant (QSR) IT Market, by Application, 2016-2023 (US$ Mn)
6.4.3 United Kingdom Country Profile
6.4.3.1 United Kingdom Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.4.4 Germany Country Profile
6.4.4.1 Germany Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.4.5 France Country Profile
6.4.5.1 France Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.4.6 Italy Country Profile
6.4.6.1 Italy Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.4.7 Spain Country Profile
6.4.7.1 Spain Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.4.8 Rest of Europe
6.4.8.1 Rest of Europe Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.5 Asia Pacific Quick Service Restaurant (QSR) IT Market
6.5.1 Asia Pacific Quick Service Restaurant (QSR) IT Market, by Component, 2016-2023 (US$ Mn)
6.5.2 Asia Pacific Quick Service Restaurant (QSR) IT Market, by Application, 2016-2023 (US$ Mn)
6.5.3 Asia Pacific Quick Service Restaurant (QSR) IT Market, by End-user, 2016-2023 (US$ Mn)
6.5.3.1 China Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.5.4 Japan Country Profile
6.5.4.1 Japan Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.5.5 India Country Profile
6.5.5.1 India Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.5.6 Indonesia Country Profile
6.5.6.1 Indonesia Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.5.7 Thailand Country Profile
6.5.7.1 Thailand Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.5.8 Rest of Asia Pacific
6.5.8.1 Rest of Asia Pacific Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.6 Latin America Quick Service Restaurant (QSR) IT Market
6.6.1 Latin America Quick Service Restaurant (QSR) IT Market, by Component, 2016-2023 (US$ Mn)
6.6.2 Latin America Quick Service Restaurant (QSR) IT Market, by Application, 2016-2023 (US$ Mn)
6.6.3 Brazil Country Profile
6.6.3.1 Brazil Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.6.4 Argentina Country Profile
6.6.4.1 Argentina Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.6.5 Rest of Latin America
6.6.5.1 Rest of Latin America Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.7 Middle East & Africa Quick Service Restaurant (QSR) IT Market
6.7.1 Middle East & Africa Quick Service Restaurant (QSR) IT Market, by Component, 2016-2023 (US$ Mn)
6.7.2 Middle East & Africa Quick Service Restaurant (QSR) IT Market, by Application, 2016-2023 (US$ Mn)
6.7.3 Southern Africa
6.7.3.1 Southern Africa Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.7.4 Northern Africa
6.7.4.1 Northern Africa Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.7.5 GCC
6.7.5.1 GCC Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
6.7.6 Rest of Middle East & Africa
6.7.6.1 Rest of Middle East & Africa Quick Service Restaurant (QSR) IT Market, 2016-2023 (US$ Mn)
Chapter 7 Competitive Intelligence
7.1 Introduction
7.2 Players Evaluated During the Study
7.3 Market Players Present in Market Life Cycle
7.4 Top 5 Players Comparison
7.5 Market Positioning of Key Players, 2018
7.6 Market Players Mapping
7.6.1 By Components
7.6.2 By Application
7.6.3 By Region
7.7 Strategies Adopted by Key Market Players
7.8 Recent Developments in the Market
7.8.1 Mergers & Acquisitions, Partnership, New Product Developments
7.9 Operational Efficiency Comparison by Key Players
Chapter 8 Company Profiles
8.1 NCR Corporation
8.1.1 NCR Corporation Overview
8.1.2 Key Stakeholders/Person in NCR Corporation
8.1.3 NCR Corporation Products Portfolio
8.1.4 NCR Corporation Financial Overview
8.1.5 NCR Corporation News/Recent Developments
8.2 Verifone Systems Inc.
8.2.1 Verifone Systems Inc. Overview
8.2.2 Key Stakeholders/Person in Verifone Systems Inc.
8.2.3 Verifone Systems Inc. Products Portfolio
8.2.4 Verifone Systems Inc. Financial Overview
8.2.5 Verifone Systems Inc. News/Recent Developments
8.3 Cognizant
8.3.1 Cognizant Overview
8.3.2 Key Stakeholders/Person in Cognizant
8.3.3 Cognizant Products Portfolio
8.3.4 Cognizant Financial Overview
8.3.5 Cognizant News/Recent Developments
8.4 LG
8.4.1 LG Overview
8.4.2 Key Stakeholders/Person in LG
8.4.3 LG Products Portfolio
8.4.4 LG Financial Overview
8.4.5 LG News/Recent Developments
8.5 Oracle Corporation
8.5.1 Oracle Corporation Overview
8.5.2 Key Stakeholders/Person in Oracle Corporation
8.5.3 Oracle Corporation Products Portfolio
8.5.4 Oracle Corporation Financial Overview
8.5.5 Oracle Corporation News/Recent Developments
8.6 Panasonic Corporation
8.6.1 Panasonic Corporation Overview
8.6.2 Key Stakeholders/Person in Panasonic Corporation
8.6.3 Panasonic Corporation Products Portfolio
8.6.4 Panasonic Corporation Financial Overview
8.6.5 Panasonic Corporation News/Recent Developments
8.7 Delphi Display Systems Inc.
8.7.1 Delphi Display Systems Inc. Overview
8.7.2 Key Stakeholders/Person in Delphi Display Systems Inc.
8.7.3 Delphi Display Systems Inc. Products Portfolio
8.7.4 Delphi Display Systems Inc. Financial Overview
8.7.5 Delphi Display Systems Inc. News/Recent Developments
8.8 Microsoft Corporation
8.8.1 Microsoft Corporation Overview
8.8.2 Key Stakeholders/Person in Microsoft Corporation
8.8.3 Microsoft Corporation Products Portfolio
8.8.4 Microsoft Corporation Financial Overview
8.8.5 Microsoft Corporation News/Recent Developments
8.9 HM Electronics Inc.
8.9.1 HM Electronics Inc. Overview
8.9.2 Key Stakeholders/Person in HM Electronics Inc.
8.9.3 HM Electronics Inc. Products Portfolio
8.9.4 HM Electronics Inc. Financial Overview
8.9.5 HM Electronics Inc. News/Recent Developments
8.10 Revel Systems
8.10.1 Revel Systems Overview
8.10.2 Key Stakeholders/Person in Revel Systems
8.10.3 Revel Systems Products Portfolio
8.10.4 Revel Systems Financial Overview
8.10.5 News/Recent Developments