Asia-Pacific restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR 9.3% during the forecast period. Expansion of quick-service restaurants (QSR) and increasing demand for advanced payment processing systems in the hospitality industry are some pivotal factors accelerating market growth. QSR such as KFC, McDonald's, and Burger King have been expanding their presence and customer base in the region. Therefore, these restaurants are focusing on increasing their food retail outlets to effectively serve the customer base. For instance, in July 2019, Yum China Holdings Inc. declared that it is planning to leverage the opening of new locations in China. This has resulted as its KFC chain sees increased expectations by gaining the attention of more customers with delivery and discounts. 

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It is also working to increase its digital presence as well. Yum China is facing stiff competition as the Chinese restaurant market is becoming increasingly crowded with other potential players who are expanding quickly, which includes Starbucks Corp., Burger King, and Tim Hortons. The increasing focus on expansion will drive the adoption of advanced technologies, including POS systems that can make easier interaction between consumers and kitchen staff as well as facilitate order management and bill payments.

Based on countries, the market is segmented into China, India, Japan, and the Rest of Asia-Pacific. In Japan, a range of restaurants and menu items is continuously expanding as Japanese consumers are highly interested in trying new cuisines. Additionally, since 2012, the number of inbound tourists has skyrocketed, primarily due to increasing visitors from Asian countries. Zensho Group, McDonald's, and Subway are some major food chains that operate in Japan. In India, emerging fast-food retail chains such as Pizza Hut and Domino’s Pizza have been witnessed over the years, which in turn, is supporting the demand for POS terminals to increase customer experience. 

Some prominent players in the market include NEC Corp., HP, Inc., Samsung Electronics Co., Ltd., Toshiba Corp., and PAX Technology. Partnerships and collaborations and product innovations are some strategies implemented by the companies to leverage their market share. For instance, in October 2019, Toshiba integrates Intel processing within its global POS systems which aims to empower retailers and increase customer experience. The 9th Generation Intel Core S-series processors for Toshiba’s TCx 700 and TCx 300 POS systems leverage performance, supporting decrease customer checkout times while increasing the efficiency of retailers.  This integration will enable store associates to more rapid transition between POS programs and windows and support associates to finish additional POS tasks more rapidly and streamline efficiency which results in shorter lines and higher customer satisfaction. It offers a higher-level of POS performance, security, processing power, and scalability.   

Research Methodology

The market study of the Asia-Pacific restaurant POS terminals market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Asia-Pacific Restaurant POS Terminals Market Research and Analysis by Product
2. Asia-Pacific Restaurant POS Terminals Market Research and Analysis by Deployment
3. Asia-Pacific Restaurant POS Terminals Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the Asia-Pacific restaurant POS terminals market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific restaurant POS terminals market.
• Insights about market determinants which are stimulating the Asia-Pacific restaurant POS terminals market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.