Europe Catering Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Cloud and On-Premises) and End User (Caterers, Restaurants and Hotels, and Others)
Market Introduction
Germany, France, Italy, Russia, and the UK are among the major countries in Europe. Western Europe is known for its improved living conditions and high-income levels among masses. The Western Europe is one of the wealthiest regions in Europe, with more GDP per capita than the other parts. Europe witnessed promising results for tech investments in 2019, despite economic slowdowns in UK and EU. European tech investments have grown by 124% over the past five years, with a rise of 39% between 2018 and 2019, reaching $34.3 billion in capital investment in 2019. Europe's software development services are experiencing steady demand owing to factors such as increased adoption of IT and telecommunication, as well as digital transformation and automation. Further, in February 2020, the European Commission presented their strategic plan to shape Europe’s digital future. The key objective of the plan is to develop a European society empowered by digital solutions, offer lucrative opportunities for the businesses, have a human-centric approach as a basis, and boost the design of trustworthy and advanced technologies.
Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region due to the COVID-19 outbreak. Foodservice Businesses in the region are facing severe economic difficulties as they had either to suspend their operations or reduce their activities in a substantial manner. Owing to business shutdown, the region is experienced an economic slowdown in 2020. As the restrictions were uplifted the food service industry did experience a positive growth. Meanwhile, the recent imposition of containment measure owing to the spread of newly mutated strain might further hamper the market in this region as governments again initiated containment measures in December 2020, which ultimately affected the foodservice and tourism industry. Thus, the spread of newly mutated strain of COVID-19 is anticipated to affect the catering software market till first two quarters of 2021
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Market Overview and Dynamics
The catering software market in Europe is expected to grow from US$ 39.18 million in 2020 to US$ 124.93 million by 2027; it is estimated to grow at a CAGR of 13.7% from 2019 to 2027. Increment Integration of Payment Gateway. The payment gateways are broadly used in cashless transactions, and they allow online retail platforms to collect cash via consumer’s bank, without compromising sensitive data. The gateways are becoming increasingly popular with the flexibility to buy products and ability to facilitate smooth delivery at consumer's place. Growing use of smartphone devices in the market is one of the key factors boosting the adoption of payment gateways systems. Online payment system providers are collaborating with several catering software companies to provide secure and reliable services. Online payments are relatively popular as most consumers use mobiles to pay for goods. Several popular e-payment options are used for mobile digital purchases. Payment gateway companies in these countries offer comprehensive e-payment solutions to various catering software providers to catch with the wave of technological developments. Further, the market growth is attributed to the advancements in payment gateway technology and an increase in the number of mobile wallets being launched. The rising integration of catering software into payment gateway systems and continuous improvements in billing methods further fuel the demand for this software. This is bolstering the growth of the catering software market.
Key Market Segments
In terms of application type, the Restaurants and Hotels segment accounted for the largest share of the Europe catering software market in 2019. In terms of application type, the Restaurants and Hotels segment held a larger market share of the catering software market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the catering software market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Aptus Systems Ltd, Flex Catering, FooStorm Catering Software (Caterxpress), Profit Systems Inc., Pxier.
Reasons to buy report
- To understand the Europe Catering Software Market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe Catering Software Market
- Efficiently plan M&A and partnership deals in Europe Catering Software Market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe Catering Software Market
- Obtain market revenue forecast for market by various segments from 2019-2027 in Europe region.
Europe Catering Software Market Segmentation
Europe Catering Software Market – By Deployment Type
- Cloud
- On-Premises
Europe Catering Software Market – By Application Type
- Caterers
- Restaurants and Hotels
- Others
Europe Catering Software Market – By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Catering Software Market-Companies Mentioned
- Aptus Systems Ltd.
- Flex Catering
- FooStorm Catering Software (Caterxpress)
- Profit Systems Inc.
- Pxier
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Catering Software Market – By Deployment Type
1.3.2 Catering Software Market – By End User
1.3.3 Catering Software Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Catering Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Catering Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Booming Popularity of E-Commerce Platforms
5.1.2 Increment Integration of Payment Gateway
5.2 Market Restraints
5.2.1 Increasing Security Concerns
5.3 Market Opportunities
5.3.1 Big Data Analytics Technology to Rectifying Catering Operations
5.4 Future Trends
5.4.1 Machine Learning to Evolve Catering Business
5.5 Impact Analysis of Drivers and Restraints
6. Catering Software Market – Europe Analysis
6.1 Catering Software Market Europe Overview
6.2 Europe Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
7. Europe Catering Software Market Analysis – By Deployment Type
7.1 Overview
7.2 Europe Catering Software Market, By Deployment Type (2019 and 2027)
7.3 Cloud
7.3.1 Overview
7.3.2 Cloud: Europe Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
7.4 On-Premises
7.4.1 Overview
7.4.2 On-Premises: Europe Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
8. Europe Catering Software Market Analysis – By End User
8.1 Overview
8.2 Europe Catering Software Market Breakdown, by End User, 2019 & 2027
8.3 Caterers
8.3.1 Overview
8.3.2 Europe Caterers Market Revenue and Forecast to 2027 (US$ Million)
8.4 Restaurants and Hotels
8.4.1 Overview
8.4.2 Europe Restaurants and Hotels Market Revenue and Forecast to 2027 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Europe Others Market Revenue and Forecast to 2027 (US$ Million)
9. Europe Catering Software Market – Country Analysis
9.1 Overview
9.1.1 Europe: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2 Europe: Catering Software Market, by Key Country
9.1.2.1 Germany: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.1.1 Germany: Catering Software Market, by Deployment Type
9.1.2.1.2 Germany: Catering Software Market, by End User
9.1.2.2 France: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.2.1 France: Catering Software Market, by Deployment Type
9.1.2.2.2 France: Catering Software Market, by End User
9.1.2.3 Italy: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.3.1 Italy: Catering Software Market, by Deployment Type
9.1.2.3.2 Italy: Catering Software Market, by End User
9.1.2.4 UK: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.4.1 UK: Catering Software Market, by Deployment Type
9.1.2.4.2 UK: Catering Software Market, by End User
9.1.2.5 Russia: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.5.1 Russia: Catering Software Market, by Deployment Type
9.1.2.5.2 Russia: Catering Software Market, by End User
9.1.2.6 Rest of Europe: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2.6.1 Rest of Europe: Catering Software Market, by Deployment Type
9.1.2.6.2 Rest of Europe: Catering Software Market, by End User
10. Impact of COVID-19 Pandemic on Europe Catering Software Market
10.1.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Europe Catering Software Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 Aptus Systems Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Flex Catering
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 FooStorm Catering Software (Caterxpress)
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Profit Systems Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Pxier
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Germany: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 4. France: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. France: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 6. Italy: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Italy: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 8. UK: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. UK: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 10. Russia: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 11. Russia: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of Europe: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of Europe: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Catering Software Market Segmentation
Figure 2. Europe Catering Software Market Segmentation – By Country
Figure 3. Europe Catering Software Market Overview
Figure 4. Cloud Segment held the Largest Share of Catering Software Market
Figure 5. Restaurants and Hotels held the Largest Share of Catering Software Market
Figure 6. Germany to Show Great Traction During Forecast Period
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Catering Software Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Europe Catering Software Market Revenue Share, by Deployment Type (2019 and 2027)
Figure 12. Cloud: Europe Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. On-Premises: Europe Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Europe Catering Software Market Breakdown, by End User (2019 and 2027)
Figure 15. Europe Caterers Market Revenue and Forecast to 2027(US$ Million)
Figure 16. Europe Restaurants and Hotels Market Revenue and Forecast to 2027(US$ Million)
Figure 17. Europe Others Market Revenue and Forecast to 2027(US$ Million)
Figure 18. Europe: Catering Software Market – Revenue by Country to 2027 (US$ Million)
Figure 19. Europe: Catering Software Market Revenue Share, By Key Country (2019 and 2027)
Figure 20. Germany: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. France: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Italy: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. UK: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Russia: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Rest of Europe: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in Europe Country Markets
- Aptus Systems Ltd.
- Flex Catering
- FooStorm Catering Software (Caterxpress)
- Profit Systems Inc.
- Pxier
- To understand the Europe Catering Software Market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe Catering Software Market
- Efficiently plan M&A and partnership deals in Europe Catering Software Market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe Catering Software Market
- Obtain market revenue forecast for market by various segments from 2019-2027 in Europe region.