What is Restaurant Technology -?
Restaurant technology affects all aspects of restaurant operations including employee scheduling, kitchen management, and customer service. Technology presents unique solutions for restaurants to differentiate themselves and for owners to run their businesses more efficiently. The restaurant technology is also making life a little easier for the staff who work behind the counter at fast-food restaurants while helping to improve the quality of the food being made.
The market study is broken down and major geographies with country level break-up.
Global Restaurant Technology - is a fragmented market due to the presence of various players. The players are investing more in mergers and acquisitions to enhance their market presence. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Toast (United States), Wolt (Finland), Aero Farm Systems (United States), Kitchen United (United States), Therma (United States), Food Market Hub (Malaysia), Moment Feed (United States), TouchBristro (Canada), CircleUp (United States) and Indifi Technologies (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are DoorDash (United States), Prestro Services, Inc (United States) and Deliveroo (United Kingdom).
AdvanceMarketAnalytics has segmented the market of Global Restaurant Technology - market by Type, Application and Region.
On the basis of geography, the market of Restaurant Technology - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Touchscreen Point of Sale Terminals will boost the Restaurant Technology - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Online Ordering Systems and Delivery Apps will boost the Restaurant Technology - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Restaurant Type, the sub-segment i.e. Fine Dining will boost the Restaurant Technology - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 10th June 2021, Toast has acquired xtraCHEF. The combination with xtraCHEF’s line item level cost data with Toast’s data to get insights into profitability by menu item, restaurants will have access to automaton and intelligence tools that streamline repeatable tasks.
In 2020, Therma has launched Thermal Scanner for Restaurants. The new launch lets restaurants and other foodservice businesses quickly perform automated health checks on guests and employees.
The Food Safety & Standards Authority of India (FSSAI) food licensing & registration system guidelines require that the restaurant has proper food preparation areas, toilets, and changing facilities.
- Digitalization in the Food and Beverages Industry
- Various Benefits of Restaurant Technology
- Restaurants are in High Demand
- Growing Implementation of Restaurant Technology
- Increasing Online Food Ordering
- High Competition over the Globe
- Regulatory Guidelines on the Restaurants
Key Target Audience
Restaurant Technology -, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):1. What all players are profiled in the study?
The standard version of the report profiles players such as Toast (United States), Wolt (Finland), Aero Farm Systems (United States), Kitchen United (United States), Therma (United States), Food Market Hub (Malaysia), Moment Feed (United States), TouchBristro (Canada), CircleUp (United States) and Indifi Technologies (India) etc.2. Can we have customized study for Restaurant Technology - Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.3. What would be the Market Size of Restaurant Technology - Market by 2027?
Analysts at AMA estimates Restaurant Technology - Market to reach USD Million by 2027.