North America 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)

TIPRE00022752 | Pages: 72 | Technology, Media and Telecommunications | Jun 2021 | Type: Regional | Status: Published

Market Introduction
North America comprises developed countries, such as the US, Canada, and Mexico. The technological advancements and developments have led to a highly competitive market for all industries across North America. North America also attracts several technological developments from economically strong countries. The companies in the region are continuously enhancing the overall business processes to meet customer demands for delivering high-quality products and services in the best possible way. According to National Restaurant Association, the high income levels among people coupled with better hospitality and growing rate of variety of cuisines in the region has flourished the culture of eating out among masses in this region. Also, well-established restaurants such as Subway, Starbucks, McDonald's., Dunkin', Pizza Hut., Burger King., Wendy's, and Taco Bel in the region are inclined toward adopting advanced technologies for optimizing various processing and distribution operations. In North America, the US holds the largest share when it comes to travel and tourism, followed by Mexico and Canada. Further, the region has also witnessed increasing number of international arrivals since 2010 majorly for pleasure as well as business purpose. Meanwhile, the rate of tourism in Mexico is growing owing to the steady investments in resorts and hotels backed by government initiatives to promote travel industry in the country. Thus, positive outlook for the adoption of new technologies, favorable economic policies for technological development, increasing number of travelers, and culture of eating out, make North America a crucial region for the catering software market players. Also presence of market players such as Better Cater, Inc; CaterEase Software; CaterTrax, Inc.; and Restaurant & Catering Systems is another major factor anticipated to drive the market in this region. Thus, Increasing Integration of Payment Gateway is expected to create a significant demand for catering software market in the coming years, which is further anticipated to drive the catering software market.

 

The North America is one of the most important regions for the adoption and growth of new technologies owing to favorable government policies to boost innovation, the presence of a huge foodservice industry, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the economic growth of the region in a negative manner. Presently, the US is the world’s worst-affected country due to the COVID-19 outbreak. The US is a prominent country for catering software market players. To contain the spread of COVID-19, the government-imposed travel restriction and lockdowns. Owing to this measure foodservice industry was majorly affected. However, in order to revive the economy containment measures were relaxed and revenue generation by foodservice started to pick up pace. Hence, owing to owing significant decline in revenue generation in foodservice industry the adoption of catering software was taken hit. Meanwhile, as restaurants and hotels are picking up pace in terms of revenue generation the catering software market is anticipated to gain traction by the end of first quarter of 2021.

 

 


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Market Overview and Dynamics

The catering software market in North America is expected to grow from US$ 70.60 million in 2020 to US$ 155.40 million by 2027; it is estimated to grow at a CAGR of 11.9% from 2019 to 2027. Big Data Analytics Technology to Improve Catering Operation. The Big Data analytics technology has enormous potential to completely transform the catering business. The adoption of Big Data solutions helps improve the efficiency of distribution and production networks in the overall catering industry. The technology allows tracking the entire process of the transportation of supplies. With real-time insights, customers can track their purchase orders on their devices and check the catering status. The integration of an analytics dashboard in catering software helps track and evaluate the performance of catering agents. Also, every stakeholder in the catering business must have relevant data on their products, including data related to farmers, shippers, and retailers, ending with restaurants and shops. For instance, KFC restaurant uses Big Data tools to analyze feedback from customers and food preferences, leading to better customer experiences, sales, and profit. This is bolstering the growth of the catering software market.

Key Market Segments

In terms of deployment type, the Cloud segment accounted for the largest share of the North America catering software market in 2019. In terms of deployment type, the Cloud 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 North America 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., Better Cater, Inc, Caterease Software, Catertrax, Inc., CaterZen, Flex Catering, FooStorm Catering Software (Caterxpress), Curate, Profit Systems Inc., Pxier.

Reasons to buy report

  • To understand the North America 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 North America Catering Software Market
  • Efficiently plan M&A and partnership deals in North America 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 North America Catering Software Market
  • Obtain market revenue forecast for market by various segments from 2019-2027 in North America region.

North America Catering Software Market Segmentation             

 

North America Catering Software Market – By Deployment Type

  • Cloud
  • On-Premises

 

North America Catering Software Market – By Application Type

  • Caterers
  • Restaurants and Hotels
  • Others

 

North America Catering Software Market – By Country

  • US
  • Canada  
  • Mexico     

North America Catering Software Market-Companies Mentioned

  • Aptus Systems Ltd.
  • Better Cater, Inc
  • Caterease Software
  • Catertrax, Inc.
  • CaterZen
  • Flex Catering
  • FooStorm Catering Software (Caterxpress)
  • Curate
  • 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.             North America Catering Software Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             North America Catering Software Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Growing Popularity of E-Commerce Platforms

5.1.2        Increasing Integration of Payment Gateway

5.2       Market Restraints

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 Catering Business

5.5       Impact Analysis of Drivers and Restraints

6.             Catering Software Market – North America Analysis

6.1       Catering Software Market North America Overview

6.2       North America Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

7.             North America Catering Software Market Analysis – By Deployment Type

7.1       Overview

7.2       North America Catering Software Market, By Deployment Type (2019 and 2027)

7.3       Cloud

7.3.1        Overview

7.3.2        Cloud: North America Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

7.4       On-Premises

7.4.1        Overview

7.4.2        On-Premises: North America Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

8.             North America Catering Software Market Analysis – By End User

8.1       Overview

8.2       North America Catering Software Market Breakdown, by End User, 2019 & 2027

8.3       Caterers

8.3.1        Overview

8.3.2        North America Caterers Market Revenue and Forecast to 2027 (US$ Million)

8.4       Restaurants and Hotels

8.4.1        Overview

8.4.2        North America Restaurants and Hotels Market Revenue and Forecast to 2027 (US$ Million)

8.5       Others

8.5.1        Overview

8.5.2        Others Market Revenue and Forecast to 2027 (US$ Million)

9.             North America Catering Software Market – Country Analysis

9.1       Overview

9.1.1        North America: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

9.1.2        North America: Catering Software Market, by Key Country

9.1.2.1      US: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

9.1.2.1.1       US: Catering Software Market, by Deployment Type

9.1.2.1.2       US: Catering Software Market, by End User

9.1.2.2      Canada: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

9.1.2.2.1       Canada: Catering Software Market, by Deployment Type

9.1.2.2.2       Canada: Catering Software Market, by End User

9.1.2.3      Mexico: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

9.1.2.3.1       Mexico: Catering Software Market, by Deployment Type

9.1.2.3.2       Mexico: Catering Software Market, by End User

10.          Impact of COVID-19 Pandemic on North America Catering Software Market

10.1.1     North America: Impact Assessment of COVID-19 Pandemic

11.          North America 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    Better Cater, Inc

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    Caterease Software

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    Catertrax, 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    CaterZen

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

12.6    Flex Catering

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7    FooStorm Catering Software (Caterxpress)

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8    Curate

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9    Profit Systems Inc.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10 Pxier

12.10.1   Key Facts

12.10.2   Business Description

12.10.3   Products and Services

12.10.4   Financial Overview

12.10.5   SWOT Analysis

12.10.6   Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Word Index

LIST OF TABLES

Table 1.             North America Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             US: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)

Table 3.             US: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Canada: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)

Table 5.             Canada: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 6.             Mexico: Catering Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)

Table 7.             Mexico: Catering Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 8.             List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Catering Software Market Segmentation

Figure 2.           North America Catering Software Market Segmentation – By Country

Figure 3.           North America 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.           US to Show Great Traction During Forecast Period

Figure 7.           North America: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Catering Software Market: Impact Analysis of Drivers and Restraints

Figure 10.        North America Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        North America Catering Software Market Revenue Share, by Deployment Type (2019 and 2027)

Figure 12.        Cloud: North America Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        On-Premises: North America Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        North America Catering Software Market Breakdown, by End User (2019 and 2027)

Figure 15.        North America Caterers Market Revenue and Forecast to 2027(US$ Million)

Figure 16.        North America Restaurants and Hotels Market Revenue and Forecast to 2027(US$ Million)

Figure 17.        Others Market Revenue and Forecast to 2027(US$ Million)

Figure 18.        North America: Catering Software Market – Revenue by Country to 2027 (US$ Million)

Figure 19.        North America: Catering Software Market Revenue Share, by Key Country (2019 and 2027)

Figure 20.        US: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.        Canada: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Mexico: Catering Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.             Impact of COVID-19 Pandemic in North American Country Markets

 

  1. Aptus Systems Ltd.
  2. Better Cater, Inc
  3. Caterease Software
  4. Catertrax, Inc.
  5. CaterZen
  6. Curate
  7. Flex Catering
  8. FooStorm Catering Software (Caterxpress)
  9. Profit Systems Inc.
  10. Pxier
  • To understand the North America 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 North America Catering Software Market
  • Efficiently plan M&A and partnership deals in North America 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 North America Catering Software Market
  • Obtain market revenue forecast for market by various segments from 2019-2027 in North America region
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