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)

Cloud Segment to Dominate North America Catering Software Market during 2019-2027

According to this research study titled “North America 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$ 155.40 million by 2027 from US$ 70.60 million in 2020. The market is estimated to grow at a CAGR of 11.9% from 2017 to 2027.The report provides trends prevailing in the North America Catering Software Market along with the drivers and restraints pertaining to the market growth. Growing Popularity of E-Commerce Platforms are the major factor driving the growth of North America catering software market. However, Growing Security Concerns hinder the growth of North America 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.

The North America 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., Better Cater, Inc, Caterease Software, Catertrax, Inc., CaterZen, Flex Catering, FooStorm Catering Software (Caterxpress), Curate, Profit Systems Inc., Pxier are among the leading companies in the North America 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, CaterZen invested programming hours since the beginning of March to confirm restaurants and caterers can continue operations by strong focusing on online ordering and food delivery

The report segments the North America Catering Software Market as follows:

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