Market revenue in 2023 | USD 1,255.8 million |
Market revenue in 2030 | USD 4,338.0 million |
Growth rate | 19.4% (CAGR from 2023 to 2030) |
Largest segment | Front-end software |
Fastest growing segment | Table & Delivery Management |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Front-end Software, Accounting & Cash Flow, Purchasing & Inventory Management, Table & Delivery Management, Employee Payroll & Scheduling |
Key market players worldwide | Fiserv Inc, NCR Voyix Corp, Oracle Corp, Revel Systems, Personica, Fourth, Jolt, OpenTable, Square Capital, TouchBistro |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to restaurant management software market will help companies and investors design strategic landscapes.
Front-end software was the largest segment with a revenue share of 35.65% in 2023. Horizon Databook has segmented the Asia Pacific restaurant management software market based on front-end software, accounting & cash flow, purchasing & inventory management, table & delivery management, employee payroll & scheduling covering the revenue growth of each sub-segment from 2018 to 2030.
Restaurants in countries such as China, India, and Japan are adopting software technologies that allow customers to order and pay at the table using their smartphones and other devices. In addition, several restaurant operators are offering discounts and cash-back offers on plastic card payment options.
The rising government initiatives to promote the adoption of digital technologies and payment solutions are also encouraging key market players to pursue initiatives and offer enhanced solutions to restaurant operators in the Asia Pacific region. For instance, in June 2022, OpenTable, Inc., a leading digital restaurant reservation solutions provider, announced a strategic partnership with Inline group Ltd., a leading online reservation software provider.
With this partnership, customers of OpenTable, Inc. were able to order food at some of the iconic restaurants in the region and book online reservations powered by Inline Group Ltd. In addition, Inline Group Ltd.’s restaurant customers gained access to OpenTable, Inc.’s global dining network. These are some of the primary factors driving the growth of the Asia Pacific restaurant management software market growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific restaurant management software market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific restaurant management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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