Global Quick Service Restaurant (QSR) Market Size, Status and Forecast 2022

A fast food restaurant, also known as a quick service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast food cuisine and has minimal table service.
The global quick service restaurants (QSR) IT market is primarily gaining from the increasing need of quick service restaurants to devise new ways of revenue generation to beat competition which is rising at a rapid pace. Today, QSRs are innovating and adopting solutions such as digital signage, point of sales solutions, digital menu cards, handheld devices, and kiosks in a bid to offer differentiated services. Apart from this, the rising adoption of mobile payment solutions is also stoking growth of QSR IT market. This requires quick service restaurants to be equipped with a robust and up to date IT infrastructure.
This report researched the Hardware, Software and Service of Quick Service Restaurant (QSR).
The Quick Service Restaurant (QSR) IT market is very fragmented, there are so many players in the world. The key players are like Verifone Systems, NCR Corporation, Cognizant, PAR Technology Corporation, NEC Display Solutions etc. The big players are from United States, EU and Japan. Top 5 took up about 20% of the global market.
United States is the largest consumption countries of Quick Service Restaurant (QSR) IT in the world. United States market took up about 21% the global market, while Europe was about 20%, and China is followed with the share about 19%.

Market Analysis and Insights: Global Quick Service Restaurant (QSR) Market
The global Quick Service Restaurant (QSR) market size is projected to reach US$ 21050 million by 2027, from US$ 13120 million in 2020, at a CAGR of 6.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Quick Service Restaurant (QSR) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Quick Service Restaurant (QSR) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Quick Service Restaurant (QSR) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Quick Service Restaurant (QSR) market.

Global Quick Service Restaurant (QSR) Scope and Market Size
Quick Service Restaurant (QSR) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Quick Service Restaurant (QSR) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Hardware
Software
Service

Segment by Application
Large Consumers
Small Consumers

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Verifone Systems
NCR Corporation
Cognizant
PAR Technology Corporation
NEC Display Solutions of America
LG
Panasonic Corporation
Oracle Corporation
Delphi Display Systems
HM Electronics
Revel Systems
PAX Technology
SZZT Electronics
Shenzhen Xinguodu

Frequently Asked Questions