Indian restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 9.5% during the forecast period. Rising urbanization and increasing restaurant chains are pivotal factors driving the market growth. United Nations (UN) projected that India will have added 416 million urban dwellers by 2050. The rising urbanizations result in an increasing shift towards western-style diets, which leads to an expansion of restaurant chains in the country. Domino’s Pizza operates more than 1,250 stores across the country, which is expected to further increase owing to the emerging consumption of fast-food in the country.
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Indian 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. Based on deployment, the market is classified into cloud-based and on-premise. Cloud-based POS terminals are expected to witness significant growth during the forecast period. A cloud-based restaurant POS system depends on an internet connection instead of the on-premises networks of a conventional POS. In addition, these features cost-effectiveness, scalability, ease-of-use, and security. Based on end-user, the market is classified into FSR, QSR, institutional, and others.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Indian Restaurant POS Terminals Market-Segmentation
By Product
- Fixed
- Mobile
By Deployment
- Cloud-based
- On-Premise
By End-User
- Full-Service Restaurant (FSR)
- Quick Service Restaurant (QSR)
- Institutional
- Others
The Report Covers
- Comprehensive research methodology of the Indian 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 Indian restaurant POS terminals market.
- Insights about market determinants which are stimulating the Indian restaurant POS terminals market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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