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    U.S. Quick Service Restaurant IT Market to Reach US$6.22 Bn by 2024 at 7.4% CAGR From 2016 to 2024  1189  0 Kommentare Transparency Market Research

    ALBANY, New York, August 24, 2016 /PRNewswire/ --

    The presence of a large number of software companies offering distinguished services to the quick service restaurant (QSR) industry in the U.S. has made the U.S. QSR IT market highly competitive, reports Transparency Market Research (TMR) in a recent report. The top five vendors in the market collectively accounted for a mere 25% in the overall market in 2015. To gain an edge, IT services and solutions providers for the QSR industry in the U.S. are continuously innovating and developing products capable of reducing turnaround times of services.

    Innovations that can hit the right note with the country's tech savvy consumers, making their dining experience not only quick but also memorable, are also being increasingly sought. Vendors in the market are creating long-term partnerships with large- and mid-sized QSRs to gain sustained returns in the intensely competitive market. The provision of IT solution in a single package or bundled services, with monthly or annual payment packages, is also emerging as a prominent trend in the U.S. QSR IT market.

    Some of the key vendors operating in the market are NEC Display Solutions of America, Inc., Panasonic Corporation, HM Electronics, Inc., Oracle Corporation, NCR Corporation, PAR Technology Corporation, and Revel Systems, Inc. 

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    Rising Hourly Wages in the U.S. Trigger Adoption of QSR IT Solutions 

    The U.S. Bureau of Labor Statistics finds that the average hourly earnings of people working in the food services industry has increased from nearly US$11.54 in 2010 to US$13.33 in 2016. This trend in salary inflations is a prominent factor compelling QSR owners in making the shift from manual operations to machine-based automatic operations. In the next few years, IT solutions that can replace the need for manual intervention in QSR operations, such as digital kiosks, tabletop e-waiters, digital checkout counters, and digital menu boards will gain increased adoption. Hand-held devices, especially, such as tablets and smartphones, will gain increasingly prominent positions in the future IT-enabled QSR infrastructures. 

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    U.S. Quick Service Restaurant IT Market to Reach US$6.22 Bn by 2024 at 7.4% CAGR From 2016 to 2024 Transparency Market Research ALBANY, New York, August 24, 2016 /PRNewswire/ - The presence of a large number of software companies offering distinguished services to the quick service restaurant (QSR) industry in the U.S. has made the U.S. QSR IT market highly competitive, …