Market Overview:
The global restaurant reservations software 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 and web-based restaurant reservations software by large enterprises and SMEs. North America is expected to lead the global restaurant reservations software market in terms of revenue during the forecast period, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
The definition of restaurant reservations software is a computer program used to manage the reservation of tables at restaurants. The importance of this software is that it allows restaurants to efficiently manage their reservations, ensuring that all tables are booked and that no one has to wait too long for a table.
Cloud Based:
Cloud-based software is a type of software that runs on the server instead of the computer being directly connected to the internet. The data is stored remotely and can be accessed from any location in real-time. This has led to an increase in demand for this technology among small, medium and large enterprises due to its cost effectiveness, ease of use and time efficiency features.
Web Based:
The global web-based and it's usage in restaurant reservations software market size was valued at USD 1.5 billion in 2015. The increasing demand for online food ordering system is expected to propel the industry growth over the forecast period.
Application Insights:
The large enterprises segment held the largest market share in 2017. The segment is expected to expand further at a steady CAGR over the forecast period. This can be attributed to growing demand for advanced technology that helps manage operations more efficiently and enhance customer experience across multiple channels, including online, mobile and point of sale systems. Furthermore, technological advancements in smartphones with respect to features such as GPS and camera are enabling restaurants to deliver personalized offers through digital channels which impacts overall industry growth positively.
SMEs are projected to register the highest CAGR from 2018 to 2030 owingto increasing penetration of SMEs coupled with an increase in disposable income among consumers who have yetto dine out frequently or regularly at a restaurant or any other eatery.
Regional Analysis:
The Asia Pacific region is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing number of small and medium enterprises in developing countries, such as India and China. These enterprises are increasingly adopting restaurant reservations software owing to benefits offered by these systems, such as easy availability of more accurate data on customer requirements and increased sales through better management of inventory. Moreover, growing trend towards automation in various industries is driving demand for restaurant reservation software in this region. For instance, according to a research paper published by World Bank Group titled “Automating BFSI Clients†which analyzed financial services industry across India and Bangladesh; it was observed that around 40% population of these countries used automated teller machines (ATMs).
Growth Factors:
- Increasing demand for online restaurant reservations from customers
- Proliferation of smartphones and tablets that are used for making reservations
- Restaurant reservation software is becoming more user-friendly with enhanced features
- Restaurants are increasingly using reservation software to manage their businesses
- Growing popularity of social media platforms that help restaurants promote their specials and menus
Scope Of The Report
Report Attributes
Report Details
Report Title
Restaurant Reservations Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
OpenTable Connect, Yelp, Nowait, GuestServe, Hostme, Mirus, Quadranet, ResNexus, ResDiary, RezkuPrime, Tablein, CentralPlanner
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Restaurant Reservations Software Market Report Segments:
The global Restaurant Reservations Software market is segmented on the basis of:
Types
Cloud Based, Web Based
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
Large Enterprises, SMEs
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:
- OpenTable Connect
- Yelp
- Nowait
- GuestServe
- Hostme
- Mirus
- Quadranet
- ResNexus
- ResDiary
- RezkuPrime
- Tablein
- CentralPlanner
Highlights of The Restaurant Reservations Software 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
- Web Based
- By Application:
- Large Enterprises
- SMEs
- 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 Reservations Software 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
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- Consumer Insights
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- Product & Brand Management
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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 reservations software is a computer application that helps restaurants manage their reservations. It allows restaurants to create and manage their reservations online, and to send confirmation emails and text messages to customers who have made reservations.
Some of the key players operating in the restaurant reservations software market are OpenTable Connect, Yelp, Nowait, GuestServe, Hostme, Mirus, Quadranet, ResNexus, ResDiary, RezkuPrime, Tablein, CentralPlanner.
The restaurant reservations software 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 Reservations Software 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 Reservations Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Restaurant Reservations Software 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 Reservations Software 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 Reservations Software Market Size & Forecast, 2018-2028
4.5.1 Restaurant Reservations Software Market Size and Y-o-Y Growth
4.5.2 Restaurant Reservations Software Market Absolute $ Opportunity
Chapter 5 Global Restaurant Reservations Software 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 Reservations Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Restaurant Reservations Software 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 Reservations Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Restaurant Reservations Software 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 Reservations Software 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 Reservations Software Analysis and Forecast
9.1 Introduction
9.2 North America Restaurant Reservations Software 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 Reservations Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
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 Reservations Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 Reservations Software Analysis and Forecast
10.1 Introduction
10.2 Europe Restaurant Reservations Software 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 Reservations Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
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 Reservations Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 Reservations Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Restaurant Reservations Software 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 Reservations Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
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 Reservations Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 Reservations Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Restaurant Reservations Software 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 Reservations Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
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 Reservations Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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 Reservations Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Restaurant Reservations Software 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 Reservations Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
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 Reservations Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 Reservations Software Market: Competitive Dashboard
14.2 Global Restaurant Reservations Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OpenTable Connect
14.3.2 Yelp
14.3.3 Nowait
14.3.4 GuestServe
14.3.5 Hostme
14.3.6 Mirus
14.3.7 Quadranet
14.3.8 ResNexus
14.3.9 ResDiary
14.3.10 RezkuPrime
14.3.11 Tablein
14.3.12 CentralPlanner
