Restaurant Management Software Market Projected To Reach USD 14.70 Billion By 2030
San Francisco, 1 Feb 2024: The Report Restaurant Management Software Market Size, Share & Trends Analysis Report By Software (Purchasing & Inventory Management, Accounting & Cash Flow), By Deployment, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global restaurant management software market size is expected to reach USD 14.70 billion by 2030, expanding at a CAGR of 16.3% from 2023 to 2030, according to a recent report by Grand View Research, Inc. The market is expected to witness significant growth owing to the growing internet and smartphone penetration rate, the rising preference for Point-of-Sale (POS) technology, and the restaurants’ strong emphasis on making data-driven decisions for businesses. Moreover, the growing focus of companies to improve client-server interaction with an IoT-based system has encouraged them to opt for advanced and custom high-performance message infrastructure solutions. Thus, more informed decisions are made based on the