Worldwide Catering Software Industry to 2027 – About Your Online Magazine


Dublin, 16 April 2021 (GLOBE NEWSWIRE) – The “Catering software market forecast for 2027 – COVID-19 impact and global analysis by deployment and end user” report was added to ResearchAndMarkets.com’s offer.

According to this report, the global catering software market was valued at $ 184.29 million in 2019 and is projected to reach $ 519.14 million in 2027; it is expected to grow at a CAGR of 14.4% from 2020 to 2027.

North America dominated the catering software market in 2019 with a share of more than 30%, followed by APAC. North America comprises developed countries, such as the United States, Canada and Mexico. Technological advances and developments have led to a highly competitive market for all industries in North America. It also attracts several technological developments from economically strong countries. Companies in the region are continually improving general business processes to meet customer demands for providing the highest quality products and services in the best possible way.

In North America, the United States has the largest share when it comes to travel and tourism, followed by Mexico and Canada. In addition, the region has witnessed an increase in the number of international arrivals since 2010. Meanwhile, the rate of tourism in Mexico is growing due to constant investments in resorts and hotels supported by government initiatives to promote the country’s travel industry. Thus, the growing number of travelers, as well as the positive prospects for adopting new technologies, economic policies favorable to technological development and the culture of eating out, make North America a crucial region for players in the software market. catering. In addition, the presence of market participants such as Better Cater, Inc; CaterEase software; CaterTrax, Inc .; and Restaurant & Catering Systems is another important factor anticipated to boost the market in this region during the forecast period.

In 2019, APAC ranked second in the global catering software market with a decent market share, and is expected to witness a stable CAGR from 2020 to 2027. The presence of emerging economies and the increase in the adoption of innovative technologies and advanced technologies are contributing to the overall development of APAC. By country, the catering software market at APAC is segmented in Australia, China, Japan, India, South Korea and the rest of APAC. Rapid advances in technologies, digitization of savings and sufficient government support are among the main factors leading to the smooth evolution of these economies from a stage of development to a stage developed in terms of adopting solutions such as catering software.

The travel and tourism industry is experiencing rapid growth over the years and the region ranks second after Europe for registering the largest number of international tourist arrivals. Increased purchasing power, increasing air connectivity due to the increasing number of airports, relaxed visa standards and the best exchange rate are among the factors that attract tourists from Europe and North America.

Countries like India, Vietnam, Malaysia, Indonesia, the Philippines and Australia are receiving a significant number of tourists. In addition, countries like Sri Lanka and Nepal are experiencing double-digit growth in tourism. APAC, on the other hand, is characterized by the presence of a large contingent of young people combined with an increase in depositable income, which is the major driver of the tourism industry in this region. In addition, fast food restaurant chains are investing heavily in Malaysia, China, India, Indonesia and South Korea due to the growing food service industry in this region. Thus, the rising rate of tourism in Asia-Pacific, the increase in the population’s inclination towards restaurants, the growing trend of multicultural cuisine and the increasing rate of adoption of digitization and advanced technologies in this region should drive the growth of the catering software market. at APAC during the forecast period.

Companies operating in the global catering software market adopt inorganic market strategies to expand their footprints around the world and meet growing demand. These players mainly carry out investment strategies to expand their business and maintain their brand globally. For example, in 2020, CaterZen has invested hours of programming since the beginning of March to confirm that restaurants and suppliers can continue operations, focusing heavily on online ordering and food delivery.

Impact of the COVID-19 pandemic on the catering software market

Several governments around the world are announcing various containment measures, such as strict restrictions on the movement of people and vehicles, due to the outbreak of COVID-19. Blockages are disrupting business, which depends on physical interaction to generate revenue. In addition, several business organizations are reducing their operations. Thus, many companies are now focusing on generating conversions, interactions and also revenue through digital channels.

Reasons to buy

  • Save and reduce time by conducting basic research, identifying growth, size, key players and segments in the global catering software market

  • Highlights key business priorities to help companies realign their business strategies

  • Key findings and recommendations highlight the industry’s crucial progressive trends in the global catering software market, thus enabling players across the value chain to develop effective long-term strategies

  • Develop / modify business expansion plans using a substantial growth offering in developed and emerging markets

  • Examine in depth the trends and perspectives of the global market, together with the factors that drive the market, as well as those that prevent it

  • Improve the decision-making process by understanding the strategies that support commercial interest in relation to customer products, segmentation, prices and distribution

Main topics covered:

1. Introduction
1.1 Scope of the Study
1.2 Orientation of the Research Report
1.3 Market Segmentation
1.3.1 Catering software market – By type of deployment
1.3.2 Catering software market – By end user
1.3.3 Catering software market – by region

2. Main advantages

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Catering software market scenario
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia – Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem analysis
4.4 Expert opinion

5. Catering software market – key market dynamics
5.1 Market drivers
5.1.1 Increasing popularity of e-commerce platforms
5.1.2 Increased payment gateway integration
5.2 Market restrictions
5.2.1 Growing security concerns
5.3 Market opportunities
5.3.1 Big Data Analytics technology to improve catering operations
5.4 Future Trends
5.4.1 Machine learning to revolutionize the catering business
5.5 Driver impact analysis and restrictions

6. Catering Software Market – Global Analysis
6.1 Global Overview of the Catering Software Market
6.2 Catering Software Market – Revenue and Forecast for 2027 (US $ Million)
6.3 Positioning on the Market – Top Five Players

7. Catering software market analysis – By type of deployment
7.1 Overview
7.2 Catering software market, by type of deployment (2019 and 2027)
7.3 Cloud
7.3.1 Overview
7.3.2 Cloud: Catering Software Market – Revenue and Forecast for 2027 (US $ Million)
7.4 On site
7.4.1 Overview
7.4.2 On-Premises: Catering Software Market – Revenue and Forecast for 2027 (US $ Million)

8. Catering software market analysis – by end user
8.1 Overview
8.2 Analysis of the catering software market, by end user, 2019 and 2027
8.3 Caterers
8.3.1 Overview
8.3.2 Supplier market revenue and forecast for 2027 (US $ million)
8.4 Restaurants and Hotels
8.4.1 Overview
8.4.2 Revenue from the restaurant and hotel market and forecast for 2027 (US $ million)
8.5 Others
8.5.1 Overview
8.5.2 Other market revenues and forecast for 2027 (US $ million)

9. Catering Software Market – Geographic Analysis
9.1 Overview
9.2 North America: Catering Software Market
9.3 Europe: Catering Software Market
9.4 APAC: Catering Software Market
9.5 MEA: Catering Software Market
9.6 SAM: Catering Software Market

10. Impact of the COVID-19 pandemic on the global catering software market
10.1 Overview
10.1.1 North America: Impact assessment of the COVID-19 pandemic
10.1.2 Europe: Impact assessment of the COVID-19 pandemic
10.1.3 Asia-Pacific: Impact assessment of the COVID-19 pandemic
10.1.4 Middle East and Africa: Impact assessment of the COVID-19 pandemic
10.1.5 South America: Impact assessment of the COVID-19 pandemic

11. Global scenario of the catering software industry and market
11.1 Overview
11.2 Market Initiative

12. Company profiles
12.1 Aptus Systems Ltd.
12.1.1 Main facts
12.1.2 Description of the business
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Main Developments
12.2 BEST CATER, INC
12.2.1 Main facts
12.2.2 Description of the business
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT analysis
12.2.6 Main Developments
12.3 CATEREASE SOFTWARE
12.3.1 Main facts
12.3.2 Description of the business
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT analysis
12.3.6 Main Developments
12.4 CATERTRAX, INC.
12.4.1 Main facts
12.4.2 Description of the business
12.4.3 Products and Services
12.4.4 Financial Overview
12.5 SWOT Analysis
12.5.1 Main Developments
12.6 CaterZen
12.6.1 Main facts
12.6.2 Description of the business
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Main Developments
12.7 Flex Catering
12.7.1 Main facts
12.7.2 Description of the business
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Main Developments
12.8 CATERING FOODSTORM SOFTWARE (CATERXPRESS)
12.8.1 Main facts
12.8.2 Description of the business
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Main Developments
12.9 Curator
12.9.1 Main facts
12.9.2 Description of the business
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Main Developments
12.10 PROFIT SYSTEMS INC
12.10.1 Main facts
12.10.2 Description of the business
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Main Developments
12.11 Pxier
12.11.1 Main facts
12.11.2 Description of the business
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Main Developments

13. Appendix
13.1 About the publisher
13.2 Word index

For more information on this report, visit https://www.researchandmarkets.com/r/689v5l

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Paula Fonseca