Moreover, with the growing preferences for food away from home amongst the household individuals in the country, which according to the statistics by the Economic Research Service of the U.S. One of the major factors which is driving the need for POS systems amongst restaurant owners is to reduce billing error, especially during peak periods. Moreover, in the year 2020, the market garnered a revenue of USD 4288.58 Million. The United States (US) restaurant point-of-sale (POS) terminals market is expected to grow with a CAGR of 6.85% during the forecast period, and further generate a revenue of USD 8511.69 Million by the end of 2030. With the growing number of restaurants serving in the United States and their increasing sales, there is a surge in need for computing systems, such as POS systems, amongst the restaurant owners that can help drive sales and further facilitate operational efficiency. The report also focuses on the growth strategies of these players and further focuses on their product offerings. The report includes a brief analysis of the recent market advancements, along with a competitive analysis of the key market players who are operating in the market.
Research Nester has recently released a report titled “ United States (US) Restaurant Point-of-Sale (POS) Terminals Market: Demand Analysis & Opportunity Outlook 2020-2030” which is studied for the forecast period, i.e., 2021-2030. This is further expected to touch USD 1.2 Trillion by the end of 2030. On the other hand, according to the statistics by the National Restaurant Association, the total sales of the restaurant industry grew from USD 590 Billion in the year 2010 and reached USD 833 Billion by the end of 2018.
Moreover, the current total marketable US restaurants and other eating places business, according to the statistics by the North America Industry Classification System (NAICS), recorded 658920 numbers. Bureau of Labor Statistics (BLS), the number of establishments in private food services and drinking places in the United States grew from 565632 numbers in the year 2011 to 656017 numbers in the year 2020.
17, 2022 (GLOBE NEWSWIRE) - According to the statistics by the U.S.
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