Global Restaurant Software Supply, Demand and Key Producers, 2024-2030
Page: 128
Published Date: 27 Feb 2024
Category: Service & Software
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Restaurant Software market size is expected to reach $ 6711.6 million by 2030, rising at a market growth of 11.3% CAGR during the forecast period (2024-2030).
Restaurant software can be used in quick service restaurant and full-service Reataurent. The market share of quick service restsurant occupied over 50%.
America is the largest restaurant software market with about 36% of market share in 2019. Asia-Pacific and Europe are follower with about 52% of market share.
The industry is relatively fragment, the key players include NCR Corporation, Oracle MICROS, Toast, Lightspeed,Infor, Touchbistro, PAR Technology, Clover (First Data), Square, Avero, Revel Systems, etc. In 2019，top 3 companies occupied about 20% of revenue market share.
Restaurant software refers to the software (computer programs and systems) that are used to assist and support in all levels of restaurant operations. This involves mainly all-in-one Point of Sales software but can include other types of systems too. Such software usually helps with ordering, billing, and inventory management among others.
This report studies the global Restaurant Software demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Restaurant Software, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Restaurant Software that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Restaurant Software total market, 2019-2030, (USD Million)
Global Restaurant Software total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Restaurant Software total market, key domestic companies and share, (USD Million)
Global Restaurant Software revenue by player and market share 2019-2024, (USD Million)
Global Restaurant Software total market by Type, CAGR, 2019-2030, (USD Million)
Global Restaurant Software total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global Restaurant Software market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NCR Corporation, Oracle MICROS, Toast, Lightspeed, Infor, Touchbistro, PAR Technology, Clover (First Data) and Square, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Restaurant Software market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Restaurant Software Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Restaurant Software Market, Segmentation by Type
Traditional on-Premise
Cloud (SaaS Delivery Model)
Global Restaurant Software Market, Segmentation by Application
Quick Service Restaurants
Full-Service Restaurants
Companies Profiled:
NCR Corporation
Oracle MICROS
Toast
Lightspeed
Infor
Touchbistro
PAR Technology
Clover (First Data)
Square
Avero
Revel Systems
Key Questions Answered
1. How big is the global Restaurant Software market?
2. What is the demand of the global Restaurant Software market?
3. What is the year over year growth of the global Restaurant Software market?
4. What is the total value of the global Restaurant Software market?
5. Who are the major players in the global Restaurant Software market?
Table of Contents
1 Supply Summary
1.1 Restaurant Software Introduction
1.2 World Restaurant Software Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Restaurant Software Total Market by Region (by Headquarter Location)
1.3.1 World Restaurant Software Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Restaurant Software Market Size (2019-2030)
1.3.3 China Restaurant Software Market Size (2019-2030)
1.3.4 Europe Restaurant Software Market Size (2019-2030)
1.3.5 Japan Restaurant Software Market Size (2019-2030)
1.3.6 South Korea Restaurant Software Market Size (2019-2030)
1.3.7 ASEAN Restaurant Software Market Size (2019-2030)
1.3.8 India Restaurant Software Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Restaurant Software Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Restaurant Software Major Market Trends
2.1 World Restaurant Software Consumption Value (2019-2030)
2.2 World Restaurant Software Consumption Value by Region
2.2.1 World Restaurant Software Consumption Value by Region (2019-2024)
2.2.2 World Restaurant Software Consumption Value Forecast by Region (2025-2030)
2.3 United States Restaurant Software Consumption Value (2019-2030)
2.4 China Restaurant Software Consumption Value (2019-2030)
2.5 Europe Restaurant Software Consumption Value (2019-2030)
2.6 Japan Restaurant Software Consumption Value (2019-2030)
2.7 South Korea Restaurant Software Consumption Value (2019-2030)
2.8 ASEAN Restaurant Software Consumption Value (2019-2030)
2.9 India Restaurant Software Consumption Value (2019-2030)
3.1 World Restaurant Software Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Restaurant Software Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Restaurant Software in 2023
3.2.3 Global Concentration Ratios (CR8) for Restaurant Software in 2023
3.3 Restaurant Software Company Evaluation Quadrant
3.4 Restaurant Software Market: Overall Company Footprint Analysis
3.4.1 Restaurant Software Market: Region Footprint
3.4.2 Restaurant Software Market: Company Product Type Footprint
3.4.3 Restaurant Software Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4.1 United States VS China: Restaurant Software Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Restaurant Software Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Restaurant Software Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Restaurant Software Consumption Value Comparison
4.2.1 United States VS China: Restaurant Software Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Restaurant Software Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Restaurant Software Companies and Market Share, 2019-2024
4.3.1 United States Based Restaurant Software Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Restaurant Software Revenue, (2019-2024)
4.4 China Based Companies Restaurant Software Revenue and Market Share, 2019-2024
4.4.1 China Based Restaurant Software Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Restaurant Software Revenue, (2019-2024)
4.5 Rest of World Based Restaurant Software Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Restaurant Software Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Restaurant Software Revenue, (2019-2024)
5.1 World Restaurant Software Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Traditional on-Premise
5.2.2 Cloud (SaaS Delivery Model)
5.3 Market Segment by Type
5.3.1 World Restaurant Software Market Size by Type (2019-2024)
5.3.2 World Restaurant Software Market Size by Type (2025-2030)
5.3.3 World Restaurant Software Market Size Market Share by Type (2019-2030)
6.1 World Restaurant Software Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Quick Service Restaurants
6.2.2 Full-Service Restaurants
6.3 Market Segment by Application
6.3.1 World Restaurant Software Market Size by Application (2019-2024)
6.3.2 World Restaurant Software Market Size by Application (2025-2030)
6.3.3 World Restaurant Software Market Size by Application (2019-2030)
7.1 NCR Corporation
7.1.1 NCR Corporation Details
7.1.2 NCR Corporation Major Business
7.1.3 NCR Corporation Restaurant Software Product and Services
7.1.4 NCR Corporation Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 NCR Corporation Recent Developments/Updates
7.1.6 NCR Corporation Competitive Strengths & Weaknesses
7.2 Oracle MICROS
7.2.1 Oracle MICROS Details
7.2.2 Oracle MICROS Major Business
7.2.3 Oracle MICROS Restaurant Software Product and Services
7.2.4 Oracle MICROS Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Oracle MICROS Recent Developments/Updates
7.2.6 Oracle MICROS Competitive Strengths & Weaknesses
7.3 Toast
7.3.1 Toast Details
7.3.2 Toast Major Business
7.3.3 Toast Restaurant Software Product and Services
7.3.4 Toast Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Toast Recent Developments/Updates
7.3.6 Toast Competitive Strengths & Weaknesses
7.4 Lightspeed
7.4.1 Lightspeed Details
7.4.2 Lightspeed Major Business
7.4.3 Lightspeed Restaurant Software Product and Services
7.4.4 Lightspeed Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Lightspeed Recent Developments/Updates
7.4.6 Lightspeed Competitive Strengths & Weaknesses
7.5 Infor
7.5.1 Infor Details
7.5.2 Infor Major Business
7.5.3 Infor Restaurant Software Product and Services
7.5.4 Infor Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Infor Recent Developments/Updates
7.5.6 Infor Competitive Strengths & Weaknesses
7.6 Touchbistro
7.6.1 Touchbistro Details
7.6.2 Touchbistro Major Business
7.6.3 Touchbistro Restaurant Software Product and Services
7.6.4 Touchbistro Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 Touchbistro Recent Developments/Updates
7.6.6 Touchbistro Competitive Strengths & Weaknesses
7.7 PAR Technology
7.7.1 PAR Technology Details
7.7.2 PAR Technology Major Business
7.7.3 PAR Technology Restaurant Software Product and Services
7.7.4 PAR Technology Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 PAR Technology Recent Developments/Updates
7.7.6 PAR Technology Competitive Strengths & Weaknesses
7.8 Clover (First Data)
7.8.1 Clover (First Data) Details
7.8.2 Clover (First Data) Major Business
7.8.3 Clover (First Data) Restaurant Software Product and Services
7.8.4 Clover (First Data) Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Clover (First Data) Recent Developments/Updates
7.8.6 Clover (First Data) Competitive Strengths & Weaknesses
7.9 Square
7.9.1 Square Details
7.9.2 Square Major Business
7.9.3 Square Restaurant Software Product and Services
7.9.4 Square Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Square Recent Developments/Updates
7.9.6 Square Competitive Strengths & Weaknesses
7.10 Avero
7.10.1 Avero Details
7.10.2 Avero Major Business
7.10.3 Avero Restaurant Software Product and Services
7.10.4 Avero Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Avero Recent Developments/Updates
7.10.6 Avero Competitive Strengths & Weaknesses
7.11 Revel Systems
7.11.1 Revel Systems Details
7.11.2 Revel Systems Major Business
7.11.3 Revel Systems Restaurant Software Product and Services
7.11.4 Revel Systems Restaurant Software Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 Revel Systems Recent Developments/Updates
7.11.6 Revel Systems Competitive Strengths & Weaknesses
8.1 Restaurant Software Industry Chain
8.2 Restaurant Software Upstream Analysis
8.3 Restaurant Software Midstream Analysis
8.4 Restaurant Software Downstream Analysis
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Restaurant Software Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Restaurant Software Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Restaurant Software Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Restaurant Software Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Restaurant Software Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Restaurant Software Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Restaurant Software Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Restaurant Software Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Restaurant Software Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Restaurant Software Players in 2023
Table 12. World Restaurant Software Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Restaurant Software Company Evaluation Quadrant
Table 14. Head Office of Key Restaurant Software Player
Table 15. Restaurant Software Market: Company Product Type Footprint
Table 16. Restaurant Software Market: Company Product Application Footprint
Table 17. Restaurant Software Mergers & Acquisitions Activity
Table 18. United States VS China Restaurant Software Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Restaurant Software Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Restaurant Software Companies, Headquarters (States, Country)
Table 21. United States Based Companies Restaurant Software Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Restaurant Software Revenue Market Share (2019-2024)
Table 23. China Based Restaurant Software Companies, Headquarters (Province, Country)
Table 24. China Based Companies Restaurant Software Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Restaurant Software Revenue Market Share (2019-2024)
Table 26. Rest of World Based Restaurant Software Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Restaurant Software Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Restaurant Software Revenue Market Share (2019-2024)
Table 29. World Restaurant Software Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Restaurant Software Market Size by Type (2019-2024) & (USD Million)
Table 31. World Restaurant Software Market Size by Type (2025-2030) & (USD Million)
Table 32. World Restaurant Software Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Restaurant Software Market Size by Application (2019-2024) & (USD Million)
Table 34. World Restaurant Software Market Size by Application (2025-2030) & (USD Million)
Table 35. NCR Corporation Basic Information, Area Served and Competitors
Table 36. NCR Corporation Major Business
Table 37. NCR Corporation Restaurant Software Product and Services
Table 38. NCR Corporation Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. NCR Corporation Recent Developments/Updates
Table 40. NCR Corporation Competitive Strengths & Weaknesses
Table 41. Oracle MICROS Basic Information, Area Served and Competitors
Table 42. Oracle MICROS Major Business
Table 43. Oracle MICROS Restaurant Software Product and Services
Table 44. Oracle MICROS Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Oracle MICROS Recent Developments/Updates
Table 46. Oracle MICROS Competitive Strengths & Weaknesses
Table 47. Toast Basic Information, Area Served and Competitors
Table 48. Toast Major Business
Table 49. Toast Restaurant Software Product and Services
Table 50. Toast Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Toast Recent Developments/Updates
Table 52. Toast Competitive Strengths & Weaknesses
Table 53. Lightspeed Basic Information, Area Served and Competitors
Table 54. Lightspeed Major Business
Table 55. Lightspeed Restaurant Software Product and Services
Table 56. Lightspeed Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Lightspeed Recent Developments/Updates
Table 58. Lightspeed Competitive Strengths & Weaknesses
Table 59. Infor Basic Information, Area Served and Competitors
Table 60. Infor Major Business
Table 61. Infor Restaurant Software Product and Services
Table 62. Infor Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Infor Recent Developments/Updates
Table 64. Infor Competitive Strengths & Weaknesses
Table 65. Touchbistro Basic Information, Area Served and Competitors
Table 66. Touchbistro Major Business
Table 67. Touchbistro Restaurant Software Product and Services
Table 68. Touchbistro Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. Touchbistro Recent Developments/Updates
Table 70. Touchbistro Competitive Strengths & Weaknesses
Table 71. PAR Technology Basic Information, Area Served and Competitors
Table 72. PAR Technology Major Business
Table 73. PAR Technology Restaurant Software Product and Services
Table 74. PAR Technology Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. PAR Technology Recent Developments/Updates
Table 76. PAR Technology Competitive Strengths & Weaknesses
Table 77. Clover (First Data) Basic Information, Area Served and Competitors
Table 78. Clover (First Data) Major Business
Table 79. Clover (First Data) Restaurant Software Product and Services
Table 80. Clover (First Data) Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. Clover (First Data) Recent Developments/Updates
Table 82. Clover (First Data) Competitive Strengths & Weaknesses
Table 83. Square Basic Information, Area Served and Competitors
Table 84. Square Major Business
Table 85. Square Restaurant Software Product and Services
Table 86. Square Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Square Recent Developments/Updates
Table 88. Square Competitive Strengths & Weaknesses
Table 89. Avero Basic Information, Area Served and Competitors
Table 90. Avero Major Business
Table 91. Avero Restaurant Software Product and Services
Table 92. Avero Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Avero Recent Developments/Updates
Table 94. Revel Systems Basic Information, Area Served and Competitors
Table 95. Revel Systems Major Business
Table 96. Revel Systems Restaurant Software Product and Services
Table 97. Revel Systems Restaurant Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 98. Global Key Players of Restaurant Software Upstream (Raw Materials)
Table 99. Restaurant Software Typical Customers
List of Figure
Figure 1. Restaurant Software Picture
Figure 2. World Restaurant Software Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Restaurant Software Total Market Size (2019-2030) & (USD Million)
Figure 4. World Restaurant Software Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Restaurant Software Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Restaurant Software Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Restaurant Software Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Restaurant Software Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Restaurant Software Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Restaurant Software Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Restaurant Software Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Restaurant Software Revenue (2019-2030) & (USD Million)
Figure 13. Restaurant Software Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Restaurant Software Consumption Value (2019-2030) & (USD Million)
Figure 16. World Restaurant Software Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Restaurant Software Consumption Value (2019-2030) & (USD Million)
Figure 18. China Restaurant Software Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Restaurant Software Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Restaurant Software Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Restaurant Software Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Restaurant Software Consumption Value (2019-2030) & (USD Million)
Figure 23. India Restaurant Software Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Restaurant Software by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Restaurant Software Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Restaurant Software Markets in 2023
Figure 27. United States VS China: Restaurant Software Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Restaurant Software Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Restaurant Software Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Restaurant Software Market Size Market Share by Type in 2023
Figure 31. Traditional on-Premise
Figure 32. Cloud (SaaS Delivery Model)
Figure 33. World Restaurant Software Market Size Market Share by Type (2019-2030)
Figure 34. World Restaurant Software Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Restaurant Software Market Size Market Share by Application in 2023
Figure 36. Quick Service Restaurants
Figure 37. Full-Service Restaurants
Figure 38. Restaurant Software Industrial Chain
Figure 39. Methodology
Figure 40. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
NCR Corporation Oracle MICROS Toast Lightspeed Infor Touchbistro PAR Technology Clover (First Data) Square Avero Revel Systems
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