The study covers geographic analysis that includes regions like South America, Asia Pacific, Europe, MEA, North America and important players/vendors such as TToast POS (United States), Comcash (United States) , Brigade (India) , CrunchTime (United States) , PeachWorks (United States) etc. The report will help you gain market insights, future trends and growth prospects for forecast period of 2018-2025.
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Summary According to a lead Analyst of the study “Due to open source application development threat of new entrants is on higher side. That will lead to strong competitive rivalry among restaurant management software providers. Thus, number of manufacturers are opting for user friendly and distinct applications, which will lead to fragmented market competition.”. Buoyed by strong demand and sales, industry profit margins have increased considerably during past few years.
According to the report, some of the important driving forces behind the market growth are “Assists in Process Speedup , Projects Accurate and Daily Revenue Reports and Easy Integration of Various Departments”. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Vendors, additional restraints impacting market are “Maximum Power Consumption and Increased Waiting Time in case of Power Interruptions” which is continuously seeking attention of Industry Experts and Decision makers.
Scope of the Study To enhance the hospitality services as well as customer relationship management the hotel management software are introduced to the market. That enables the hotel staff from managing rooms to serving orders as well as in helps in preparing automated bills. Due to open source application development and minimum initial investments, number of software companies are trying to enter in the restaurant management software market.
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Major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, 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) .
Application: BFSI, Manufacturing, Healthcare, Retail, Telecom & Others, Product Type: Front end software , Accounting & cash flow software , Purchasing & inventory management software , Table & delivery management software and Employee payroll & scheduling software.
Competitive Landscape TToast POS (United States), Comcash (United States) , Brigade (India) , CrunchTime (United States) , PeachWorks (United States), Epicor (United States) , Schedulefly, Inc. (United States) , Ordyx (United States), Upserve (United States) and Marketman (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are ReServe Interactive (United States), Bacon (United States), Lavu (United States) , NCR Corporation (United States) , Revel Systems Inc. (United States) , ShopKeep (United States) , Red Book Connect LLC (United States) and Touch Bistro (Canada).
Due to open source application development threat of new entrants is on higher side. That will lead to strong competitive rivalry among restaurant management software providers. Thus, number of manufacturers are opting for user friendly and distinct applications, which will lead to fragmented market competition.
Market Drivers Assists in Process Speedup Projects Accurate and Daily Revenue Reports Easy Integration of Various Departments
Market Trend Service Automation Location Based Services
Restraints Maximum Power Consumption Increased Waiting Time in case of Power Interruptions
Opportunities Increasing Prevalence in Developing Economies and Increased User Friendliness
Challenges Skilled Workforce Required Rising Instances of Cyber Security Attacks
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Recent Industry Insights The Oyo Hotels founder has commented that the five-year-old startup for booking hotel rooms, is aiming to become the world’s largest hotel chain and hotel management software by 2023 as it expands into newer countries in the Middle East, South East Asia and Europe. The company has began with one hotel in Gurgaon in 2013, has grown to over 330,000 rooms in 500 cities globally. While India was its first playground, it now has more rooms in China.
Key Target Audience Restaurant Management Software Provider Restaurant Management Software Vendors Hotels/Restaurants It Companies Government Agencies Others
Table of Contents 1 Market Overview 1.1 Restaurant Management Software Introduction 1.2 Market Analysis by Type 1.3 Market Analysis by Applications 1.4 Market Analysis by Regions 1.5 Market Dynamics 1.5.1 Market Opportunities 1.5.2 Market Risk 1.5.3 Market Driving Force
2 Manufacturers Profiles 2.1.1 Business Overview 2.1.2 Restaurant Management Software Type and Applications 2.1.3 Restaurant Management Software Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Restaurant Management Software Market Competition, by Manufacturer 4 Global Restaurant Management Software Market Analysis by Regions 5 North America Restaurant Management Software by Countries, Type, Application and Manufacturers 6 Europe Restaurant Management Software by Countries, Type, Application and Manufacturers 7 Asia-Pacific Restaurant Management Software by Countries, Type, Application and Manufacturers 8 South America Restaurant Management Software by Countries, Type, Application and Manufacturers 9 Middle East and Africa Restaurant Management Software by Countries, Type, Application and Manufacturers 10 Global Restaurant Management Software Market Segment by Type 11 Global Restaurant Management Software Market Segment by Application 12 Restaurant Management Software Market Forecast (2018-2023) 13 Sales Channel, Distributors, Traders and Dealers 14 Research Findings and Conclusion 15 Appendix ….Continued
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