The
QSR ecosystem market in the U.S. was valued at USD 3,506.9 million in
2012. The market, on the basis of components, is segmented into
hardware, software and services, with hardware and software solutions
further segmented into various sub-segments. Within hardware
components, digital signage was the largest contributor and accounted
for 45.6% of the overall hardware segment revenue in 2012. However,
kiosk is expected to be the fastest growing segment during the
forecast period, growing at a CAGR of 12.3% from 2013 to 2019. This
is mainly due to increasing demand for self service options. Within
the software segment, billing and management solutions held the
largest share in 2012 and is expected to be fastest growing segment
owing to increasing demand for customized software tailored to
specific needs of the restaurateurs.
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Quick Service Restaurant Ecosystem Market Report with
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QSRs
are primarily known for their dynamic setting where orders are taken
promptly, payment is made and food is handed over to customers in a
short time. The payment mechanism is rapidly changing with the growth
of restaurants designed on fast service models. Almost all
significant digital changes in quick service restaurants are
primarily driven by the growing need of clarity, speed, and accuracy
in transactions.
Digital
signage held the largest share of QSR ecosystem market. While some
QSRs adopted for digital signage to keep customers occupied during
rush, others use them to display menus. Over the past few years, the
points of sale (PoS) devices have become more compact and efficient.
With technological advances, new range of battery powered PoS devices
offer wireless access to communication network for payment
processing. On the other hand, many customers are interested in self
service aspect of QSR. Self service kiosks are expected to grow at
faster rate compared to POS devices over the forecast period as they
improve accuracy, shorten perceived wait time and allow efficient
workforce management.
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The
U.S QSR ecosystem market contain numerous players. Major industry
participants include Keywest Technology Inc., Nanonation, Inc. NEC
Display Solutions Ltd., Cisco System Inc., Hewlett-Packard Company,
Omnivex Corporation, Panasonic Corporation, Samsung Electronics Co.
Ltd., LG Display Co. Ltd., and REDYREF Inc. among others.
The
report studies the U.S. QSR ecosystem market, and provides estimates
and forecast in terms of revenue (USD Million) for the period 2012 to
2019. Market estimates are provided on the basis of component types.
The market has been segmented as follows:
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U.S.
QSR Ecosystem Market, by Component
Hardware
- Signage systems
- Kiosks
- Drive through terminals
- Point of sales (POS)
- Handheld devices
- Digital menu cards
Software
- Billing solutions and management solutions
- Analytics software solutions (bid data analytics)
Services
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