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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

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

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.

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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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TI celebrates 70 years of innovation in Europe alongside leading customers to engineer next-generation systems

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 Companies including ABB Robotics, Porsche, Schneider Electric and Husqvarna Group are working with TI to enable advancements in how the world moves, lives and works

News highlights:

TI is celebrating 70 years of operations in Europe, underscoring its commitment to helping customers across the continent and around the world solve their most complex engineering challenges.From early automotive electronics to today’s AI-driven infrastructure, TI has supported seven decades of technological advancement across Europe’s key industries.Through partnerships with key European companies, TI is shaping the future of mobility, automation and sustainable energy management.

MUNICH, Nov. 3, 2026 /PRNewswire/ — Texas Instruments (TI) (Nasdaq: TXN) is celebrating 70 years of operations in Europe, demonstrating its long history of semiconductor innovation, research and development, manufacturing and customer partnership in the region. This milestone is a key part of TI’s near 100-year legacy of driving the technological advancements that power the modern world. The anniversary coincides with TI’s participation at electronica 2026, November 10-13, in Munich, Germany.

“Our 70-year commitment to Europe is a significant part of our story, but it is also a reflection of TI’s passion – creating a better world by making electronics more affordable through semiconductors,” said Robert Berghoff, president of TI EMEA. “Our focus remains on empowering engineers in Europe and around the world as they navigate the transition toward more autonomous, AI-driven and intelligent systems. Whether through our local engineering or our global manufacturing scale, we are dedicated to providing reliable, high-performance semiconductors that help our customers solve their most complex design challenges.”

Innovating what’s next in intelligent systems
With the industry’s most comprehensive portfolio of more than 80,000 analog and embedded processing semiconductors, TI enables efficient power management, precise sensing, seamless connectivity and AI processing at the edge. Globally, TI helps more than 100,000 customers, including leading companies in Europe, accelerate innovation across key markets, from industrial automation systems that increase productivity to safer, more advanced vehicles.

Transforming industrial automation with ABB Robotics
As ABB Robotics advances the next generation of Autonomous Versatile Robotics (AVR™), physical AI is enabling robots to perceive, reason and act in increasingly dynamic industrial environments. Achieving this requires innovation across the technology stack, from sensing and computing to control and power management. TI semiconductor technology helps support the performance, efficiency and real-time control requirements of intelligent robotic systems. Technologies including real-time control microcontrollers, sensing solutions and motor-control components play an important role in enabling increasingly autonomous, adaptive and connected automation solutions.

“The transition toward physical AI and with it autonomous versatile robotics depends on advances across the entire technology ecosystem,” said Johan Ernlund, Global R&D Manager – Platform, ABB Robotics. “TI’s leadership in real-time processing, sensing and motor control provides important building blocks for the next generation of industrial automation. Together, we are helping create robotic systems that can operate safely, intelligently and efficiently in increasingly complex environments.”­­

Architecting next-generation vehicles with Porsche 
As the automotive industry shifts toward vehicles that are more intelligent and immersive, the need for advanced, efficient semiconductor solutions has never been more critical. In partnership with Porsche, TI is enabling a new era of automotive excellence through industry-leading audio and gallium nitride (GaN) technologies.

“Bringing next-generation vehicle experiences to our customers means that we are not just adopting technology, but actively driving it forward,” said Lars Heuken, Strategic Semiconductor Management, Porsche. “By working with TI to integrate GaN technology, we can achieve more efficient and compact designs without compromising on performance. This collaboration also allows us to define the next step in high-end audio performance, ensuring an exceptional experience inside the cabin.”

Powering AI from grid to gate with Schneider Electric
As AI infrastructure and sustainable energy drive unprecedented power demands, TI is partnering with Schneider Electric to solve critical design challenges and enable the next generation of AI data centers. By combining TI’s semiconductor innovations – including advanced power conversion, improved energy efficiency and scalable infrastructure – with Schneider Electric’s power management expertise, the two companies are enabling higher power density in increasingly compact footprints.

“At Schneider Electric, we’re focused on building a more sustainable and resilient future,” said Ard Verboon, Chief Procurement Officer, Schneider Electric. “As an enabler of the energy transition, we’re constantly seeking the high-efficiency power solutions that today’s critical design challenges demand. TI’s technologies provide the building blocks for systems that require resilience and efficiency, from energy management systems to industrial automation.”

Accelerating innovation in intelligent outdoor systems with Husqvarna Group 
As consumers demand greater convenience and reduced maintenance through more autonomous and connected outdoor products, engineers must accelerate the transition from concept to implementation at unprecedented speeds. TI and Husqvarna Group have been collaborating to bring next-generation products to market, from smart watering solutions to robot lawn mowers. By leveraging TI’s advanced development tools, Husqvarna Group engineers can optimize every stage of the development cycle, allowing them to focus on high-value innovation: building the smart, connected solutions that set new standards for precision and ease of use.

TI at electronica 2026
At electronica 2026, TI will showcase how its analog and embedded processing products are helping innovate what’s next in intelligent systems. Demonstrations include the latest advancements in automation, automotive, sustainable energy and more. Visit ti.com/electronica for more information.

About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

Trademarks
All registered trademarks and other trademarks belong to their respective owners.

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SOURCE Texas Instruments

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New Businessolver Research Finds CEOs and CHROs Expect Empathy to Cost Them Authority

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Data shows 59% of CEOs and 51% of CHROs expect their decisions to be challenged when they lead with empathy

DENVER, Nov. 3, 2026 /PRNewswire/ — The two executives most responsible for shaping workplace culture expect to pay a price for leading with empathy. In new Businessolver research, 59% of CEOs and 51% of CHROs (or Chief People Officers) say their decisions will be challenged if they lead with empathy. Yet 99% of CEOs and 88% of CHROs believe empathy contributes to business results.

The findings come from Part 2 of Businessolver’s 2026 State of Workplace Empathy C-Suite Special Report, “Inside America’s C-suite: What happens when executives don’t feel safe?” The study of 1,000 employees and 300 C-suite executives, including CEOs, CFOs, CIOs/CTOs, and CHROs/CPOs, is part of the company’s 11th annual study on empathy at work.

Executives name the CEO as the leader with the most influence over a culture of empathy. But 43% of CEOs fear they will lose respect if they demonstrate empathy at work, and 61% say empathy is hard to demonstrate consistently in their day-to-day work.

“Executives have overwhelmingly accepted the business case for empathy, but data shows many still don’t feel safe acting on it,” said Marcy Klipfel, chief engagement officer at Businessolver. “It’s a shocking trend that so many chief people leaders feel constrained in their ability to lead with the empathy employees need. When the CEO and CHRO brace for pushback every time they lead with empathy, that tension impacts how decisions are made. And ultimately, employees feel it long before it shows up in turnover or declining productivity.”

The report also surfaced patterns that complicate how boards and HR leaders think about culture at the top:

Empathy feels riskiest where it’s needed most. 78% of executives in toxic cultures fear losing respect for showing empathy, compared with 14% in non-toxic cultures, a 64-point gap.Executives and employees disagree about who sets the tone for empathy. Just 2% of executives say non-manager employees have the most impact on workplace empathy, compared with 32% of employees.Millennial executives report the most friction putting empathy into practice. 34% say empathy gets in the way of their personal business goals, more than twice the rate of Gen X executives (16%).Employees are 1.7X more likely than executives to report a mental health issue in the past year (55% vs. 33%). Among those affected, 54% of employees report depression, compared with 12% of executives.

The report details how each C-suite role experiences coworker intimidation and mental health strain differently. Taken together, Businessolver’s C-suite reports suggest business performance can look strong even as trust and psychological safety erode below the surface.

Download the full report at https://businessolver.com/resources/2026-state-of-workplace-empathy-c-suite-special-report-p2/

About Businessolver
Since 1998, Businessolver has delivered market-changing benefits technology that empowers empathetic service supported by an intrinsic responsiveness to client needs. The company creates client programs that maximize benefits program investment, minimize risk exposure, and engage employees with easy-to-use solutions and communication tools to assist them in making wise and cost-efficient benefits selections. Founded by HR professionals, Businessolver’s unwavering service-oriented culture and secure SaaS platform provide measurable success in its mission to provide complete client delight.

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SOURCE Businessolver

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Buchanan & Edwards Wins Seven-Year Prime Contract to Support Critical National Security Missions

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New Award Expands BE’s Systems Integration and Technical Advisory Support for Critical National Security Missions

WASHINGTON, Nov. 3, 2026 /PRNewswire-PRWeb/ — Buchanan & Edwards (BE) announced today that it has been awarded a seven-year, Cost Plus Fixed Fee Level of Effort prime contract to provide systems integration, engineering, technical, and operational expertise in support of critical national security missions.

This award demonstrates the value BE brings at the intersection of technology, mission, and people.

Under the award, BE will provide highly skilled Systems Integrators (SI) and Systems Engineering Technical Advisor (SETA) professionals supporting complex mission requirements in the Chantilly, Virginia area. The work will span systems integration and interoperability, requirements development, technical analysis, program planning, risk identification and mitigation, technology assessment, and coordination across mission stakeholders.

“This is an important win for BE and a reflection of the trust our team has built through a deep understanding of our customers and their missions,” said Tara Davey, Mission Sector President at BE. “The work requires experienced professionals who can bring together technical expertise, sound analysis, and strong collaboration to help our customer navigate complex challenges and move critical mission priorities forward.”

Skilled personnel will work alongside government stakeholders to help coordinate technical activities, evaluate requirements and emerging technologies, identify and mitigate risks, and provide actionable recommendations that support informed decision-making.

“This award demonstrates the value BE brings at the intersection of technology, mission, and people,” said Chris Bellios, CEO of BE. “Winning a new seven-year prime contract is a significant milestone for our organization and reinforces the strength of our long-term growth strategy. It gives our teams the opportunity to bring the right expertise to the table, work alongside our customer, and deliver meaningful impact across missions of national importance.”

The award will create opportunities for cleared Systems Integrators, Systems Engineering and Technical Advisor professionals, engineers, analysts, and other technical specialists supporting missions in the Chantilly area.

Interested candidates can explore current opportunities at https://teambe.us/careers

About BE

Since 1998, BE has safeguarded the security and prosperity of the American people as a trusted partner to the defense, intelligence, law enforcement, and citizen services communities. We deliver unmatched technical and operational capabilities that drive mission success in today’s complex landscape. With a future-focused approach and an unwavering commitment to our clients, we design and implement solutions that strengthen, secure, and advance critical missions.

For additional information, please visit our websites at www.teambe.us

Media Contact: Scott King, sking@teambe.us

Media Contact

Scott King, Buchanan & Edwards (BE), 1 703-535-5511, sking@teambe.us, www.teambe.us

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SOURCE Buchanan & Edwards (BE)

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