Latin America Restaurant Management Software Market Size & Outlook
Latin America restaurant management software market, 2018-2030 (US$M)
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Latin America restaurant management software market highlights
- The Latin America restaurant management software market generated a revenue of USD 248.4 million in 2023.
- The market is expected to grow at a CAGR of 17.6% from 2024 to 2030.
- In terms of segment, front-end software was the largest revenue generating software type in 2023.
- Table & Delivery Management is the most lucrative software type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 248.4 million |
| Market revenue in 2030 | USD 772.0 million |
| Growth rate | 17.6% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.9% of the global restaurant management software market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,338.0 million by 2030.
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Restaurant Management Software Market Scope
Restaurant Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America restaurant management software market outlook
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 36.07% in 2023. Horizon Databook has segmented the Latin America 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.
The Latin American restaurant management software market has witnessed rapid expansion in recent years and is expected to grow significantly in the coming days. Increased online ordering, rising consumer demand for card and digital payments, and government initiatives to support digitization and contactless transactions are among the factors fueling the growth of the restaurant management software market.
Furthermore, the increasing number of full-service and quick-service restaurants in the country, coupled with the rising preference of customers toward casual dining and café hopping, are some of the significant factors boosting the adoption of digital software and technology among restaurant operators in the region.
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Target buyers of Latin America restaurant management software market databook
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Our clientele includes a mix of restaurant management software market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America restaurant management software market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America restaurant management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America restaurant management software market size, by country, 2018-2030 (US$M)
Latin America Restaurant Management Software Market Outlook Share, 2023 & 2030 (US$M)
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