Market Overview:
The global restaurant online ordering system 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 convenience and the growing trend of online food ordering. In terms of type, the web-based segment is expected to lead the market during the forecast period, owing to its low cost and easy implementation. In terms of application, hypermarket & supermarket is expected to lead the market during the forecast period, owing to its large customer base and widespread presence across regions.
Product Definition:
A restaurant online ordering system is a computer program that allows customers to place orders for food and drink items from a restaurant or other food service outlet over the internet. The importance of such systems is that they can provide an efficient way for customers to order menu items, making it easier than ever before to get the foods and drinks they want. Additionally, online ordering systems may offer features like discounts or loyalty programs that can be beneficial for customers.
Web-based:
A web-based ordering system is a software program that enables the restaurant owners to manage their business operations from any desired location. The main objective of this system is to provide the customers with an easy and quick way to place their orders. It also helps in reducing order errors, which further enhances customer satisfaction.
The major factors driving market growth include increasing demand for online ordering systems among restaurants as it offers numerous benefits such as reduced labor cost, inventory cost,.
On-premise:
On-premise is a computer software implementation of the server that is installed and operated directly on the user's own PC. The software is usually free from any third-party monitoring or control, although there are some instances where it can be managed by a host provider. On-premise solutions offer better data security than cloud solutions as they are stored on the end user’s device and not accessible to any other party without authorization.
Application Insights:
The restaurants segment held the largest share of more than 40.0% in 2017. The growth of this segment can be attributed to the increasing number of quick service restaurants (QSR) and full service restaurants (FSI). A study by L2 found that there were over 5,000 QSRs across Europe and around 2,500 in UK as of 2016. Moreover, FSI accounts for a significant part in the industry as most big brands have their own stores where consumers can get easy access to products through touch screens or keyboards instead of going through a tiring routine at dĩtracteurs or cashiers stations.
Food & drink specialists are expected to be among fastest growing application segments with CAGR exceeding 8% from 2018 to 2030 owing to rising demand for specialty food products such as gourmet meals and premium alcohols among other alcoholic beverages such as wine.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017. The growth is attributed to the increasing adoption of e-commerce in developing countries such as China and India. Furthermore, these countries are home to some of the largest online food ordering platforms such as Alibaba Group Holding Ltd., which also owns Jack Ma's Alipay; and Tencent Holdings Limited, which owns WeChat Pay. These companies have been investing heavily in expanding their payment networks across rural areas and smaller cities/villages so that customers do not face any difficulty while making payments through mobile phones or digital wallets. This factor is expected to further fuel regional growth over the forecast period.
North America accounted for a significant share owing to growing demand from U.S.-based retailers for online order fulfillment systems on account of rising consumer preference toward convenience shopping methods among other things’s like faster delivery times, same day delivery options etc In addition, presence of major players such as Kroger Co.; Safeway Inc.
Growth Factors:
- Increasing demand for convenience: The modern consumer is looking for more convenience in their lives, and restaurant online ordering systems offer a quick and easy way to get food without having to leave home. This is especially appealing to younger generations who are increasingly busy with work and other activities.
- Rising popularity of takeout and delivery: In recent years, there has been a surge in the popularity of takeout and delivery services. Restaurant online ordering systems make it easy for customers to place orders from any location, which helps boost sales for restaurants.
- Growing trend of eating out: According to a study by the National Restaurant Association, Americans are spending more money on dining out than ever before. This growing trend is helping to drive demand for restaurant online ordering systems.
- Advances in technology: With advances in technology, restaurant online ordering systems are becoming increasingly sophisticated and user-friendly, making them an attractive option for restaurants of all sizes . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Restaurant Online Ordering System Market Research Report
By Type
Web-based, On-premise, Managed
By Application
Hypermarket & Supermarket, Food & Drink Specialists, Convenience Stores, Restaurants
By Companies
Menufy, Restolabs, Olo, MenuDrive, Toast POS, ChowNow, Orders2me, Upserve, Square, iMenu360, GloriaFood
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Restaurant Online Ordering System Market Report Segments:
The global Restaurant Online Ordering System market is segmented on the basis of:
Types
Web-based, On-premise, Managed
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
Hypermarket & Supermarket, Food & Drink Specialists, Convenience Stores, Restaurants
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:
- Menufy
- Restolabs
- Olo
- MenuDrive
- Toast POS
- ChowNow
- Orders2me
- Upserve
- Square
- iMenu360
- GloriaFood
Highlights of The Restaurant Online Ordering System 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:
- Web-based
- On-premise
- Managed
- By Application:
- Hypermarket & Supermarket
- Food & Drink Specialists
- Convenience Stores
- Restaurants
- 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 Online Ordering System 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.
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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?
A restaurant online ordering system is a web-based application that allows customers to place orders for food and drinks from participating restaurants. The system typically includes an order form, payment processing, and delivery tracking.
Some of the major players in the restaurant online ordering system market are Menufy, Restolabs, Olo, MenuDrive, Toast POS, ChowNow, Orders2me, Upserve, Square, iMenu360, GloriaFood.
The restaurant online ordering system market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Restaurant Online Ordering System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Restaurant Online Ordering System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Restaurant Online Ordering System Market - Supply Chain
4.5. Global Restaurant Online Ordering System Market Forecast
4.5.1. Restaurant Online Ordering System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Restaurant Online Ordering System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Restaurant Online Ordering System Market Absolute $ Opportunity
5. Global Restaurant Online Ordering System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Restaurant Online Ordering System Market Size and Volume Forecast by Type
5.3.1. Web-based
5.3.2. On-premise
5.3.3. Managed
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Restaurant Online Ordering System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Restaurant Online Ordering System Market Size and Volume Forecast by Application
6.3.1. Hypermarket & Supermarket
6.3.2. Food & Drink Specialists
6.3.3. Convenience Stores
6.3.4. Restaurants
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Restaurant Online Ordering System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Restaurant Online Ordering System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Restaurant Online Ordering System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Restaurant Online Ordering System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Restaurant Online Ordering System Demand Share Forecast, 2019-2026
9. North America Restaurant Online Ordering System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Restaurant Online Ordering System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Restaurant Online Ordering System Market Size and Volume Forecast by Application
9.4.1. Hypermarket & Supermarket
9.4.2. Food & Drink Specialists
9.4.3. Convenience Stores
9.4.4. Restaurants
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Restaurant Online Ordering System Market Size and Volume Forecast by Type
9.7.1. Web-based
9.7.2. On-premise
9.7.3. Managed
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Restaurant Online Ordering System Demand Share Forecast, 2019-2026
10. Latin America Restaurant Online Ordering System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Restaurant Online Ordering System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Restaurant Online Ordering System Market Size and Volume Forecast by Application
10.4.1. Hypermarket & Supermarket
10.4.2. Food & Drink Specialists
10.4.3. Convenience Stores
10.4.4. Restaurants
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Restaurant Online Ordering System Market Size and Volume Forecast by Type
10.7.1. Web-based
10.7.2. On-premise
10.7.3. Managed
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Restaurant Online Ordering System Demand Share Forecast, 2019-2026
11. Europe Restaurant Online Ordering System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Restaurant Online Ordering System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Restaurant Online Ordering System Market Size and Volume Forecast by Application
11.4.1. Hypermarket & Supermarket
11.4.2. Food & Drink Specialists
11.4.3. Convenience Stores
11.4.4. Restaurants
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Restaurant Online Ordering System Market Size and Vlume Forecast by Type
11.7.1. Web-based
11.7.2. On-premise
11.7.3. Managed
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Restaurant Online Ordering System Demand Share, 2019-2026
12. Asia Pacific Restaurant Online Ordering System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Restaurant Online Ordering System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Restaurant Online Ordering System Market Size and Volume Forecast by Application
12.4.1. Hypermarket & Supermarket
12.4.2. Food & Drink Specialists
12.4.3. Convenience Stores
12.4.4. Restaurants
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Restaurant Online Ordering System Market Size and Volume Forecast by Type
12.7.1. Web-based
12.7.2. On-premise
12.7.3. Managed
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Restaurant Online Ordering System Demand Share, 2019-2026
13. Middle East & Africa Restaurant Online Ordering System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Restaurant Online Ordering System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Restaurant Online Ordering System Market Size and Volume Forecast by Application
13.4.1. Hypermarket & Supermarket
13.4.2. Food & Drink Specialists
13.4.3. Convenience Stores
13.4.4. Restaurants
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Restaurant Online Ordering System Market Size and Volume Forecast by Type
13.7.1. Web-based
13.7.2. On-premise
13.7.3. Managed
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Restaurant Online Ordering System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Restaurant Online Ordering System Market: Market Share Analysis
14.2. Restaurant Online Ordering System Distributors and Customers
14.3. Restaurant Online Ordering System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Menufy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Restolabs
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Olo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MenuDrive
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toast POS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ChowNow
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Orders2me
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Upserve
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Square
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. iMenu360
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GloriaFood
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
