Market Overview:
The global restaurant management platform market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based restaurant management platforms and the growing trend of online food ordering and delivery. Restaurants are increasingly adopting cloud-based restaurant management platforms as they offer several benefits such as scalability, flexibility, and cost-effectiveness. Additionally, the growing trend of online food ordering and delivery is fueling the demand for restaurant scheduling applications which are offered by most of the leading players in this market.
Product Definition:
A restaurant management platform is a software system that helps restaurateurs manage their businesses more effectively. It typically includes features for tracking inventory, scheduling employees, and taking customer orders. A restaurant management platform can help restaurateurs save time and money by streamlining operations.
Cloud-Based:
Cloud-based software is a collection of on-demand services that provide shared resources, such as processing power, storage and bandwidth. The service allows end-users to store data on remote servers instead of managing it locally which reduces the load on the IT staff and also helps in faster implementation of business decisions. Cloud computing has evolved in recent years due to increased demand for big data analytics and Internet Protocol Television (IPTV).
On-Premise:
On-premise software is a type of cloud computing system that involves installing the software and data on the end user's own computers or servers. The information then has to be transferred to another location for accessing and using it. On-premise solutions are used in various sectors such as education, government, banking & finance, healthcare & life sciences, IT & telecom among others.
Application Insights:
The restaurant operations segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the increasing number of restaurants at a global level and changing consumer behavior towards dining out. Moreover, technological advancements in smartphones and social media have played an important role in spreading awareness about new restaurants through digital channels, which has positively influenced industry growth.
The scheduling application is expected to witness significant growth over the forecast period owing to its rising use by food joints and casual restaurants for planning their operational schedule across different regions globally. Furthermore, technology-enabled restaurant chains with multiple units or franchises are taking this service further by developing a single platform that can be used across all locations easily as it is integrated with back office systems such as accounting & payroll etc., driving demand globally.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing number of restaurants, rising adoption of technology by restaurants, and improving internet connectivity in emerging economies such as India and China. In addition, growing trend of automation among large & medium scale restaurant operators is further driving the regional market growth.
North America also had a significant market share owing to presence of prominent players such as OpenTable Inc.; DineEquity Inc.; and Zume Pizza LLC that have successfully implemented GRM platform at their establishment level for enhancing operational efficiency coupled with improved guest experience. Moreover, presence of well-established chains such as Chili's Grill & Bar; Applebee's Neighborhood Grill; TGIFridays Restaurants; Outback Steakhouse; Bonefish Grill; Jersey Mike's Subs & Pizza; Red Robin Gourmet Burgers And Breweries Inc.; El Pollo Loco Holdings Inc.
Growth Factors:
- Increasing demand for online food ordering and delivery services
- Rising trend of using restaurant management platforms for managing multiple restaurants
- Proliferation of mobile devices and apps that help in order taking and tracking orders
- Growing popularity of cloud-based restaurant management solutions among small businesses
- Emergence of new features such as menu design, employee scheduling, and inventory management
Scope Of The Report
Report Attributes
Report Details
Report Title
Restaurant Management Platform Market Research Report
By Type
Cloud-Based, On-Premise
By Application
Restaurant Operations, Restaurant Scheduling, Restaurant Accounting, Others
By Companies
NCR Corporation, Oracle MICROS, Toast, Inc., Lightspeed Restaurant, Infor, Touchbistro, PAR Technology, Clover, Square, Avero, Revel Systems, POSist Technologies, Restaurant365
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Restaurant Management Platform Market Report Segments:
The global Restaurant Management Platform market is segmented on the basis of:
Types
Cloud-Based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Restaurant Operations, Restaurant Scheduling, Restaurant Accounting, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NCR Corporation
- Oracle MICROS
- Toast, Inc.
- Lightspeed Restaurant
- Infor
- Touchbistro
- PAR Technology
- Clover
- Square
- Avero
- Revel Systems
- POSist Technologies
- Restaurant365
Highlights of The Restaurant Management Platform Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-Based
- On-Premise
- By Application:
- Restaurant Operations
- Restaurant Scheduling
- Restaurant Accounting
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Restaurant Management Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Restaurant management platform (RMP) is a software that helps restaurateurs manage their business. It includes features such as accounting, inventory, ordering and delivery, POS systems and more.
Some of the major companies in the restaurant management platform market are NCR Corporation, Oracle MICROS, Toast, Inc., Lightspeed Restaurant, Infor, Touchbistro, PAR Technology, Clover, Square, Avero, Revel Systems, POSist Technologies, Restaurant365.
The restaurant management platform market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Restaurant Management Platform Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Restaurant Management Platform Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Restaurant Management Platform Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Restaurant Management Platform Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Restaurant Management Platform Market Size & Forecast, 2018-2028
4.5.1 Restaurant Management Platform Market Size and Y-o-Y Growth
4.5.2 Restaurant Management Platform Market Absolute $ Opportunity
Chapter 5 Global Restaurant Management Platform Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Restaurant Management Platform Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Restaurant Management Platform Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Restaurant Management Platform Market Size Forecast by Applications
6.2.1 Restaurant Operations
6.2.2 Restaurant Scheduling
6.2.3 Restaurant Accounting
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Restaurant Management Platform Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Restaurant Management Platform Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Restaurant Management Platform Analysis and Forecast
9.1 Introduction
9.2 North America Restaurant Management Platform Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Restaurant Management Platform Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Restaurant Management Platform Market Size Forecast by Applications
9.10.1 Restaurant Operations
9.10.2 Restaurant Scheduling
9.10.3 Restaurant Accounting
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Restaurant Management Platform Analysis and Forecast
10.1 Introduction
10.2 Europe Restaurant Management Platform Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Restaurant Management Platform Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Restaurant Management Platform Market Size Forecast by Applications
10.10.1 Restaurant Operations
10.10.2 Restaurant Scheduling
10.10.3 Restaurant Accounting
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Restaurant Management Platform Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Restaurant Management Platform Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Restaurant Management Platform Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Restaurant Management Platform Market Size Forecast by Applications
11.10.1 Restaurant Operations
11.10.2 Restaurant Scheduling
11.10.3 Restaurant Accounting
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Restaurant Management Platform Analysis and Forecast
12.1 Introduction
12.2 Latin America Restaurant Management Platform Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Restaurant Management Platform Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Restaurant Management Platform Market Size Forecast by Applications
12.10.1 Restaurant Operations
12.10.2 Restaurant Scheduling
12.10.3 Restaurant Accounting
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Restaurant Management Platform Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Restaurant Management Platform Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Restaurant Management Platform Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Restaurant Management Platform Market Size Forecast by Applications
13.10.1 Restaurant Operations
13.10.2 Restaurant Scheduling
13.10.3 Restaurant Accounting
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Restaurant Management Platform Market: Competitive Dashboard
14.2 Global Restaurant Management Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NCR Corporation
14.3.2 Oracle MICROS
14.3.3 Toast, Inc.
14.3.4 Lightspeed Restaurant
14.3.5 Infor
14.3.6 Touchbistro
14.3.7 PAR Technology
14.3.8 Clover
14.3.9 Square
14.3.10 Avero
14.3.11 Revel Systems
14.3.12 POSist Technologies
14.3.13 Restaurant365
