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Restaurant Management Software Market size is set to grow by USD 4.50 billion from 2023-2027, Growth of foodservice industry boost the market, Technavio

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NEW YORK, July 10, 2024 /PRNewswire/ — The global restaurant management software market size is estimated to grow by USD 4.50 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  15.85%  during the forecast period. Technological advancements such as AI and IoT are significantly influencing the landscape of restaurant management software. AI enables predictive analytics for inventory management and customer preferences, enhancing operational efficiency and personalized service. IoT devices, like smart kitchen appliances and connected POS systems, streamline data collection and real-time monitoring, improving decision-making and reducing costs. These innovations are pivotal amid the industry’s shift towards digital payments and the adoption of more sophisticated management systems, despite challenges associated with transitioning from traditional methods. Key players like Block Inc., Fiserv Inc., and Microsoft Corp. are leveraging these technologies to drive market growth

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Restaurant Management Software Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017 – 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.85%

Market growth 2023-2027

USD 4507.94 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

14.7

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 48%

Key countries

US, Canada, Germany, France, and UK

Key companies profiled

Block Inc., Cozy Infosystems Inc., Fiserv Inc., Fishbowl Inc., Fourth Enterprises LLC, GOFRUGAL, i3 Verticals Inc., International Business Machines Corp., Jolt Software Inc., Lavu Inc., Lightspeed Commerce Inc., Microsoft Corp., NCR Corp., Oracle Corp., Restaurant365 LLC, Revel Systems Inc., Technoheaven, Toast Inc., and TouchBistro Inc.

Market Driver

The foodservice industry’s shift towards digital transactions is a global trend, with Canada anticipating that digital payments will account for nearly 90% of total spending by 2030. To stay competitive, foodservice enterprises are integrating digital payment solutions into their operations. These solutions offer numerous benefits, such as an increase in online orders, operational ease, convenience in logistics, and a decrease in internal thefts. Restaurant management software plays a crucial role in facilitating cashless transactions, allowing businesses to capture valuable consumer data for insights and opportunities. Notable vendors in the restaurant management software market, including Clover by Fiserv, Microsoft, Square, and NCR Corp, offer contactless payment solutions. The market’s growth is expected to continue as digital transactions become increasingly common in the foodservice industry. 

The Restaurant Management Software market is experiencing significant growth due to priority given to digital solutions. Trends include digital menu boards, special dietary requests handled seamlessly, and POS systems integrating with food delivery websites like GrubHub, PostMates, and Zomato. IT budgets are seeing investments in touchscreen ordering solutions and mobile POS systems. Smartphones and internet penetration have increased disposable incomes, driving demand for AI-powered virtual assistants and IoT solutions. Cloud-based solutions from companies like ParTech, Inc, Jolt, and Brink POS dominate, offering administrative and promotional elements, order management, payment processing, and daily reconciliation. Security is a priority with data security features. Businesses focus on enhancing customer experiences and retention rates through front-end software segments, Android and iOS-based systems, and cross-platform technologies. Key players like KFC, Pizza Hut, and Domino’s are implementing voice-activated ordering systems and chatbots. 

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Market Challenges

To effectively manage customer interactions, restaurants require advanced software solutions. However, transitioning from traditional systems presents challenges. Firstly, a dedicated team is necessary for implementing and supporting the new system, adding to costs. Secondly, clear processes and security measures must be established to ensure proper implementation and data protection. Lastly, the software must align with the team’s culture and map users to the lead management applications. These challenges may hinder market growth during the forecast period.The Restaurant Management Software Market is experiencing significant growth due to increasing internet penetration and rising disposable incomes. Advanced technologies like artificial intelligence and virtual assistants are transforming the industry, with voice-activated ordering systems and chatbots becoming popular. Cloud-based solutions are gaining traction over on-premise systems, with companies like KFC, Pizza Hut, and Domino’s adopting these technologies. The front-end software segment is seeing strong demand, with Android and iOS-based software leading the way. Cross-platform technologies are essential for businesses to provide seamless customer experiences and improve customer retention rates. Administrative and promotional elements, order management, payment processing, daily reconciliation, and data security features are key functionalities. Business organizations require POS technology to enhance customer satisfaction and improve internal processes, including sales, labor, inventory data, and point-of-sale transactions. Digital transformation through web applications and mobile devices is essential to meet shifting consumer trends, offering individualized and customized services. Secured cards and data security features are crucial for maintaining customer trust. Companies like ParTech, Inc., Jolt, and Brink POS are leading the market with innovative solutions.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This restaurant management software market report extensively covers market segmentation by  

Deployment 1.1 On-premises1.2 Cloud-basedEnd-user 2.1 QSR2.2 FSR2.3 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 On-premises-  The Restaurant Management Software market is growing significantly due to the increasing demand for efficient and automated restaurant operations. This software streamlines various processes such as inventory management, table reservations, order taking, and payment processing. It helps restaurants reduce errors, save time, and improve customer satisfaction. Additionally, it provides valuable insights through data analytics, enabling better decision-making and strategic planning. Overall, it is a valuable investment for restaurant owners looking to optimize their business operations.

For more information on market segmentation with geographical analysis including forecast (2023-2027) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Restaurant Management Software market is prioritizing digital solutions to enhance customer experiences and streamline operations. Digital menu boards are becoming increasingly popular, allowing real-time menu updates and promotions. Special dietary requests are easily managed with advanced filtering and customization features. POS systems are integrated with touchscreen ordering solutions, enabling faster service and reducing errors. IT budgets are seeing investments in mobile POS systems, food delivery websites, and restaurant review sites to expand reach and improve online presence. Smartphones and internet penetration have fueled the demand for voice-activated ordering systems, chatbots, and artificial intelligence-powered virtual assistants. Cloud-based solutions and cross-platform technologies are key trends, offering flexibility and scalability. Android and iOS-based software cater to various restaurant needs, with advancements in front-end software segment and AI integration.

Market Research Overview

The Restaurant Management Software market is prioritizing digital solutions to enhance customer experiences and streamline operations. Digital menu boards are becoming increasingly popular, allowing for real-time menu updates and promotions. Special dietary requests are easily managed through POS systems, touchscreen ordering solutions, and food delivery websites like GrubHub, PostMates, and Zomato. IT budgets and investments in cloud-based solutions, artificial intelligence, and virtual assistants are on the rise. Mobile POS systems and voice-activated ordering systems cater to the growing use of smartphones and internet penetration. The front-end software segment, including Android and iOS-based software, is seeing significant growth due to cross-platform technologies. Restaurant review sites and customer experiences are key drivers for customer retention. The cloud segment and on-premise segment each offer unique benefits, with cloud-based solutions providing flexibility and on-premise solutions offering greater control. Administrative and promotional elements, order management, payment processing, daily reconciliation, and business organization are essential features for effective restaurant management. Data security, internal processes, sales, labor, inventory data, and point-of-sale technology are crucial for maintaining customer satisfaction and experience. Digital transformation continues to shape the industry, with web applications and mobile devices becoming essential tools for restaurants. Secured cards and shifting consumer trends towards individualized and customized services are also influencing the market. Key players in the market include ParTech, Inc, Jolt, and Brink POS.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentOn-premisesCloud-basedEnd-userQSRFSROthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

HelloNation Explains Car Insurance Cost with Insights From Insurance Expert Edward Vasquez

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The article outlines key factors that influence pricing and helps drivers understand coverage options in a growing Arizona community.

GOODYEAR, Ariz., May 4, 2026 /PRNewswire/ — How much does car insurance cost in Goodyear, AZ? The answer is explored in a HelloNation article that provides a clear breakdown of pricing factors, with insights from Insurance Agent Edward Vasquez of Goodyear, Arizona.

The HelloNation article explains that car insurance costs in Goodyear, AZ, vary widely depending on personal and regional factors. While the average auto insurance cost Arizona drivers pay is considered moderate compared to national figures, individual premiums depend on driver profiles, vehicle types, and selected coverage levels. The article emphasizes that no single rate applies to everyone, underscoring the need for personalized evaluation.

The article notes that Goodyear’s continued population growth shapes the car insurance rates Goodyear drivers experience. As more residents move into the area, traffic density increases, which can raise the likelihood of accidents and claims. These trends can influence insurers’ pricing models and contribute to gradual shifts in Arizona car insurance costs over time.

Insurance Agent Edward Vasquez is featured as a source of insight in the article, which highlights how driver history remains one of the most important factors in determining premiums. The article explains that individuals with clean driving records often receive lower rates, while those with violations or prior claims may pay higher rates. This dynamic helps explain why car insurance rates vary so significantly between drivers in the same area.

Vehicle selection is another key factor discussed in the HelloNation article. Newer cars equipped with advanced safety features may qualify for discounts, yet they can also cost more to repair. Older vehicles may reduce certain coverage costs, but may lack features that help prevent accidents. The article explains that these considerations directly affect the car insurance cost that Goodyear, AZ, residents pay, especially for those with long commutes or frequent driving needs.

Location-specific data also contributes to pricing differences. The article highlights how ZIP code variations within Goodyear and nearby communities can influence the car insurance rates Goodyear drivers encounter. Insurers assess local accident trends, theft rates, and even environmental conditions such as extreme heat, all of which can affect claim frequency and overall risk. These factors help define the average auto insurance costs Arizona drivers may expect across different regions.

Coverage choices are another major reason why car insurance rates vary. The article explains that liability coverage Arizona drivers are required to carry typically costs less than broader policies. However, many individuals choose full coverage car insurance to gain additional financial protection. This includes collision and comprehensive coverage, which increases premiums but reduces out-of-pocket expenses in the event of damage or loss.

The HelloNation article also describes how comparing multiple policy options can help drivers better understand their costs. Adjusting deductibles, coverage limits, and optional protections allows individuals to see how different decisions affect their monthly premiums. This approach provides a clearer view of the tradeoffs between affordability and protection, particularly in a growing market like Goodyear.

Insurance Agent Edward Vasquez is again referenced in the article’s discussion of informed decision-making, emphasizing the importance of understanding both risks and coverage benefits. Arizona car insurance policies are not one-size-fits-all, and the article reinforces that careful evaluation is key to finding the right balance between budget and protection.

The article concludes that understanding car insurance costs in Goodyear, AZ, requires looking beyond averages and focusing on individual circumstances. By considering driver history, vehicle type, location, and coverage preferences, drivers can make more confident and informed choices about their insurance needs.

How Much Does Car Insurance Cost in Goodyear, AZ? features insights from Edward Vasquez, Insurance Agent of Goodyear, Arizona, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities. HelloNation maintains partnerships with the National Governors Association, the U.S. Conference of Mayors, and the United States First Responders Association.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-explains-car-insurance-cost-with-insights-from-insurance-expert-edward-vasquez-302761632.html

SOURCE HelloNation

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Verkada opens nominations for its annual Safety Champion Awards

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SAN MATEO, Calif., May 4, 2026 /PRNewswire/ — Verkada, a leader in AI-powered physical security technology, opened nominations for its third annual Safety Champion Awards today.

Now in its third year, Verkada’s Safety Champion Awards have celebrated security leaders across industries — from schools and nonprofits to healthcare and municipal organizations — whose work protecting their communities often goes unrecognized. As AI reshapes how organizations approach physical security, the Safety Champion Awards also put a spotlight on leaders leveraging new tools and technologies in ways that build safer, more resilient communities.

Verkada will accept nominations for the Safety Champion Awards through June 30, 2026 across three categories: Impact, AI Transformation and School Safety.

“At TMSA, we believe school safety must go hand in hand with student well-being and a strong sense of community,” said Didar Hayytov, IT Manager at Triad Math and Science Academy in North Carolina and 2025 School Safety Excellence Award honoree. “By integrating innovative technology with a proactive, people-centered approach, we’ve strengthened our preparedness for critical incidents while creating a more supportive and efficient environment for our students, families, and staff. We’re honored to have this work recognized and proud to contribute to a safer future for our school communities.”

The 2026 Verkada Safety Champion Awards categories are:

Impact Award
The Impact Award recognizes an individual who has made a positive, tangible impact on the safety and security of their organization and/or community. In addition to being celebrated during VerkadaOne, the honoree will receive a $15,000 monetary prize*.

AI Transformation Award
The AI Transformation Award recognizes a Verkada customer who has leveraged the company’s AI-powered technology in a novel way to enhance safety or operational efficiency within their organization and/or community. In addition to being celebrated during VerkadaOne, the honoree will receive a $10,000 monetary prize*.

School Safety Excellence Award
The School Safety Excellence Award recognizes a school or university that has taken an innovative approach to addressing security challenges, emergency preparedness, and student wellbeing. In addition to being celebrated during VerkadaOne, the honoree will receive $50,000 in gifted Verkada products for their organization or a charitable organization of their choosing.

To nominate a leader from your community for the 2026 Safety Champion Awards, visit www.verkada.com/safety-champion-awards.

*If an honoree is employed in the public sector and/or is ineligible to receive honorariums or gifts, Verkada will donate the prize to a charitable organization.

Stay on top of the latest news and announcements from Verkada on LinkedIn.

About Verkada
Designed with simplicity in mind, Verkada’s six product lines — video security cameras, access control, environmental sensors, alarms, workplace, and intercoms — provide unparalleled building security through an integrated, cloud-based software platform. Over 30,000 organizations across 170 countries worldwide, including over 100 of the Fortune 500, trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. For more information, please visit www.verkada.com.

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Ready for Industry Certifications: Earn Tier 1-Recognized Status on Tennessee Statewide Industry Credential List

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Healthcare, Construction, Information Technology, Manufacturing and Logistics approved for 2026-27 list

Ready for Industry certifications expand access to employer-validated, stackable microcredentials that bridge the gap between education and the workforce

CHATTANOOGA, Tenn., May 4, 2026 /PRNewswire/ — Ready for Industry® (RFI) today announced that its certifications in Healthcare, Construction, Information Technology, Manufacturing, and Logistics have been approved as Tier 1-Recognized and will be included on the 2026-27 Tennessee Statewide Industry Credential List.

This Tier 1-Recognized designation confirms that RFI NOCTI credentials meet Tennessee’s standards for industry-recognized credentials. Inclusion on the statewide list will help ensure students across Tennessee have access to validated credentials that support strong postsecondary and career pathways, helping prepare learners for in-demand occupations.

The curriculum was developed in the heart of Chattanooga. Ready for Industry is fully funded and available across four states: Tennessee, Louisiana, Alabama, and Kentucky. As well as, has several pilot programs currently underway in Texas, Ohio, Virginia, and California. Users include high schools, community and technical colleges, American Job Centers, and other workforce organizations, including Goodwill Industries.

Ready for Industry is part of the Pearson Career Ready: eDynamic Learning product line, a leader in career and technical education curriculum for over 15 years.

“We are honored that Tennessee has recognized Ready for Industry at Tier 1,” said Jerry Wooden, CEO of eDynamic Learning. “This approval reflects our work with employers to define the knowledge, core competencies and essential skills that matter on the job. RFI provides a clear, measurable pathway for learners through stackable microcredentials and a nationally recognized microcredential that employers trust. Our focus remains on expanding access and improving outcomes for learners so they can move into careers that strengthen local and state economies.”

Ready for Industry welcomes additional certification submissions and stands ready to support school districts, career and technical education programs, and employers with implementation and reporting guidance. For more information or to discuss next steps, please contact Simone Smith and RFI Team at office@readyforindustry.com.

For Information Contact:
Jordan Campbell, VP of Marketing, jordan.campbell@pearson.com

About Ready for Industry

Ready for Industry is an employer-aligned curriculum with a nationally recognized microcredential that bridges the gap between education and the workforce. RFI educates learners by providing employer-validated knowledge, core competencies, essential skills and job readiness through stackable microcredentials and measurable outcomes. Developed by Thinking Media founders Dr. Dane and Sheila Boyington in Chattanooga, RFI supports workforce and economic development and prepares learners for career success.

About eDynamic Learning

Founded by a classroom teacher, eDynamic Learning (eDL) aims to empower educators with accessible resources for all learners to guide students on their journey to life after graduation. eDL is dedicated to supporting both teachers and programs that facilitate student exploration of interests, career options, and skill acquisition through Career and Technical Education (CTE). eDL prioritizes quality and the development of vital life readiness skills, including interpersonal communication and financial literacy. eDL’s commitment to fostering exploration starts early, with resources tailored to middle school students. eDL’s rich courseware catalog and Learning Blade resource, supplemental mission-based lessons, have a proven track record of expanding STEM, computer science, and career interest and awareness.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ready-for-industry-certifications-earn-tier-1-recognized-status-on-tennessee-statewide-industry-credential-list-302761643.html

SOURCE eDynamic Learning

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