article thumbnail

POS Market Momentum Continues

Modern Restaurant Management

Rapid inclination of restaurateurs to adopt POS software for better management of operations will complement the restaurant POS terminals market by 2027. Restaurant point-of-sale (POS) terminals are steadily replacing the now obsolete cash registers used in restaurants. Surging Demand for Robust Restaurant POS Systems.

article thumbnail

Revolutionizing Guest Experiences Through Virtual Hospitality

Modern Restaurant Management

This trend is primarily driven by advancements in point of sale (POS) systems and the availability of white label, plug-and-play online ordering systems. On top of the foundation are advanced methods to gather data, such as loyalty programs, new communication channels and customer relationship management.

article thumbnail

Popular Restaurant Technology Trends to Watch in 2022

Social Hospitality

With the food tech market slated to be valued at nearly $342 billion USD by 2027 , the demand for increased technology implementation in the industry will continue to rise. POS Systems & Integration Across Platforms. Point-of-sale systems revolutionized the way restaurants work. The Return of QR Tech.