U.S. Quick Service Restaurant (QSR) Ecosystem Market, By Component (Hardware (Signage Systems, Kiosks, Point of Sale, Handheld Devices, Digital Menu Card, Drive Through Terminals), Software (Billing and Management, Analytics Software Solution), Service) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Aug 2020

Code : CMI4060

Pages :120

Formats :

Excel and PDF

Industry : Food and Beverages

U.S. Quick Service Restaurant (QSR) Ecosystem MarketSize and Trends

The U.S. quick service restaurant (QSR) ecosystem market is estimated to account for US$ 7,324.2 Mn in terms of value by the end of 2019.

Increasing preferences for fast food among X, Y, and Z generation is expected to propel the market growth of U.S. quick service restaurant. Factor such as good taste, convenience, and economical in term of time as well as cost is also acting as a catalyst in the growth of the quick-service restaurant market. Moreover, changing lifestyle of the consumer along with the increasing purchasing power is again anticipated to propel the market growth.

Figure 1. U.S. Quick Service Restaurant (QSR) Ecosystem Market Share (%) in terms of Value, By Component, in 2019

On the basis of component in 2019, the hardware has accounted the largest market share of 78.5% in terms of value, followed by software and services respectively.

Figure 3. U.S Quick Service Restaurant (QSR) Ecosystem Market Share (%) in terms of Value, By Software, in 2019

On the basis of software in 2019, the billing and management has accounted the largest market share of 92.9% in terms of value, followed by analytics software solution.