Restaurants and Hotels Segment to Dominate Europe Catering Software Market during 2019-2027
According to this research study titled “Europe Catering Software Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Type and End User,” the market is expected to reach US$ 124.93 million by 2027 from US$ 39.18 million in 2020. The market is estimated to grow at a CAGR of 13.7% from 2017 to 2027.The report provides trends prevailing in the Europe Catering Software Market along with the drivers and restraints pertaining to the market growth. Increment Integration of Payment Gateway are the major factor driving the growth of Europe catering software market. However, Increasing Security Concerns hinder the growth of Europe catering software market.
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.
The Europe catering software market is segmented on the basis of deployment type, end user. On the basis of deployment type the market is segmented as cloud, on-premises. Cloud segment dominate the market. On the basis of end user, the market is segmented as caterers, restaurants and hotels, others. Restaurants and hotels segment dominate the market.
Aptus Systems Ltd., Flex Catering, FooStorm Catering Software (Caterxpress), Profit Systems Inc., Pxier are among the leading companies in the Europe catering software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Flex Catering Introduced catering KDS (Kitchen Display System) which is a type of a digital screen that replaces printed or handwritten ticket orders in restaurants and food businesses.
The report segments the Europe Catering Software Market as follows:
Europe Catering Software Market - By Deployment Type
Europe Catering Software Market - By Application Type
Europe Catering Software Market - By Country
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.
The Europe catering software market is segmented on the basis of deployment type, end user. On the basis of deployment type the market is segmented as cloud, on-premises. Cloud segment dominate the market. On the basis of end user, the market is segmented as caterers, restaurants and hotels, others. Restaurants and hotels segment dominate the market.
Aptus Systems Ltd., Flex Catering, FooStorm Catering Software (Caterxpress), Profit Systems Inc., Pxier are among the leading companies in the Europe catering software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Flex Catering Introduced catering KDS (Kitchen Display System) which is a type of a digital screen that replaces printed or handwritten ticket orders in restaurants and food businesses.
The report segments the Europe Catering Software Market as follows:
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
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Catering Software Market Landscape
5. Europe Catering Software Market - Key Market Dynamics
6. Catering Software Market - Europe Analysis
7. Europe Catering Software Market Analysis - By Deployment Type
8. Europe Catering Software Market Analysis - By End User
9. Europe Catering Software Market - Country Analysis
10. Impact of COVID-19 Pandemic on Europe Catering Software Market
11. Europe Catering Software Market-Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aptus Systems Ltd.
- Flex Catering
- FooStorm Catering Software (Caterxpress)
- Profit Systems Inc.
- Pxier
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 69 |
| Published | June 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 39.18 Million |
| Forecasted Market Value ( USD | $ 124.93 Million |
| Compound Annual Growth Rate | 18.0% |
| Regions Covered | Europe |
