The US restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 6.9% during the forecast period. Rising demand for cloud-based POS systems and the expansion of restaurant chains are pivotal factors that accelerate market growth. Increasing adoption of cloud-based POS systems has been witnessed in large, small, and medium-sized restaurants, owing to its scalability, cost-effectiveness, ease of use, and security. Owing to the increasing demand for cloud-based POS systems, the companies are launching new services to streamline customer operations.

Visit for Global Restaurant Point-of-Sale (POS) Terminals Market Report at: https://www.omrglobal.com/industry-reports/restaurant-point-of-sale-pos-terminals-market  

For instance, in September 2020, Lightspeed, a provider of cloud-based, omnichannel commerce platforms declared the availability of Order Ahead It is a cost-efficient online ordering management system that is intended to facilitate takeout, supporting North American restaurants to offer an entirely contactless dining experience to the customers. The restaurant-to-consumer delivery market has been emerging globally due to the COVID-19 outbreak. As a result, the hospitality industry is moving towards technology to minimize high fees and friction for takeout and delivery experience. With this new system, restaurants can combine a new sales channel directly into their current POS and offer a contactless end-to-end experience.

The US restaurant POS terminals market is segmented based on product, deployment, and end-user. Based on the product, the market is classified into fixed and mobile POS terminals. Mobile POS is expected to grow at the fastest CAGR during the forecast period. Mobile POS systems enable restaurants to improve their service ordering as it allows efficient and fast payments through payment gateways, proper selection of food items through seamless menu integration, facilitates live tracking of orders, and direct receipt generation upon payment. Based on deployment, the market is classified into cloud-based and on-premise. Based on end-user, the market is classified into FSR, QSR, institutional, and others. 

Some prominent players in the market include NCR Corp., HP, Inc., Lightspeed POS, Inc., and Mad Mobile, Inc. These companies are focusing on using strategies to increase their share in the market place. For instance, in August 2020, Mad Mobile, Inc. signed an agreement to acquire CAKE, a provider of restaurant technology owned by Sysco Corp. The CAKE POS solution provides service to more than 5,000 restaurant locations. This acquisition will increase the vision of Mad Mobile to offer a next-generation POS solution that features an advanced architecture and mobile capabilities. It will integrate its mobile platform with CAKE technology for delivering a mobile-first POS solution for all kinds of restaurants.

Research Methodology

The market study of the US 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. US Restaurant POS Terminals Market Research and Analysis by Product
2. US Restaurant POS Terminals Market Research and Analysis by Deployment
3. US Restaurant POS Terminals Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the US 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 US restaurant POS terminals market.
• Insights about market determinants which are stimulating the US restaurant POS terminals market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.