POS Market Momentum Continues

2 Min Read By Jayee Sapatnekar

Rapid inclination of restaurateurs to adopt POS software for better management of operations will complement the restaurant POS terminals market by 2027Restaurant point-of-sale (POS) terminals are steadily replacing the now obsolete cash registers used in restaurants. Businesses in the food service industry are primarily adopting these advanced POS systems to streamline the communication between waitstaff and kitchen staff, inventory tracking, and improving team management. These systems are also being used as they support future restaurant technologies like self-serving kiosks. 

The advent of cloud technology has majorly driven the development of advanced cloud-based POS systems that can facilitate online ordering, inventory management, and digital payments. Owing to the faster, safer, and easily traceable online transactions, cloud-based POS terminals are appealing to large restaurant chain owners worldwide, propelling the business growth. 

In 2022, U.S. software company NCR Corp…