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Four Factors Likely to Drive Global Mobile Wallet Market Expansion

Modern Restaurant Management

As per a recent report by Global Market Insights, mobile wallet market size is projected to exceed USD 700 billion by 2027. Mobile wallets are expected to record a strong footprint in restaurants on account of the ongoing concerns over sanitation as well as minimizing contact between customers and staffers.

Marketing 204
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Factors Likely to Drive Global Mobile Wallet Market Expansion

Modern Restaurant Management

As per a recent report by Global Market Insights, mobile wallet market size is projected to exceed USD 700 billion by 2027. Mobile wallets are expected to record a strong footprint in restaurants on account of the ongoing concerns over sanitation as well as minimizing contact between customers and staffers.

Marketing 180
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MRM Research Roundup: Mid-June 2020 Edition

Modern Restaurant Management

Traffic to restaurants in other markets, including the U.S., Australia, and Spain have since followed a similar upward trend, as those markets also begin to ease local travel restrictions. 62 percent of respondents answered that frequent sanitization of all surfaces would be their most important safety initiative.

Marketing 184
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Can Ghost Kitchen Business Model Be the Future of Restaurant Business?

The Restaurant Times

According to Acumen Research and Consulting , the global cloud kitchen market is expected to grow at a CAGR of 22 percent during the forecast period of 2020-2027 and reach USD 201.1 Billion by 2027. Ghost kitchens are growing their market share in the UAE.