Restaurant Inventory Management Software Market Report 2025 (Global Edition)

Global Restaurant Inventory Management Software Market Report 2025 Market Size Split by Component (Software, Services), by Deployment Mode (Cloud, On-Premise), by End-Use (Full-service Restaurant (FSR...

Restaurant Inventory Management Software Market Report Description

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Restaurant Inventory Management Software Market Insights Video

Competitive Landscape of the Restaurant Inventory Management Software Market

The market's leading players are developing new management software to meet the unmet needs of the food-service industry. The top players prioritize intensive research and development to create specialist and configurable management software for end-user applications. The key players generate innovative growth tactics, such as new product releases, patents, technological advancements, and so on. In addition, they use inorganic growth techniques such as collaborations, mergers, and acquisitions to increase revenue and market presence.

In April 2022, Peabody Hotels & Resorts, a full-service hospitality firm, has chosen Fourth Enterprises LLC, a restaurant management software service provider, procurement, and inventor management solution, Adaco, to help reduce expenses and give crucial support to The Peabody Memphis. The system will help to reduce supplier costs while also providing essential insights into the profitability of key offers throughout its 464 rooms.

(Source: https://www.fourth.com/press-release/the-peabody-memphis-adopts-fourths-procurement-and-inventory-management-solution-to-control-costs)

In October 2022, Fiserv, Inc., a financial technology service provider, has announced the acquisition of BentoBox, a digital marketing and commerce platform that connects restaurants with their customers. The acquisition enabled the company to broaden its Clover dining solution, as well as its commerce and business management capabilities, allowing over 200,000 businesses to offer distinct diner experiences ranging from quick and casual to full service.

(Source:https://newsroom.fiserv.com/news-releases/news-release-details/fiserv-completes-acquisition-bentobox)

Top Companies Market Share in Restaurant Inventory Management Software Industry: (In no particular order of Rank)

• Fiserv
• Inc.
• Personica (Fishbowl Inc.)
• Fourth Enterprises LLC.
• Jolt
• NCR Corporation
• OpenTable
• Inc.
• Oracle Corporation
• Revel Systems
• Square Capital
• LLC
• TouchBistro
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Restaurant Inventory Management Software Market

Which Region Dominates the Restaurant Inventory Management Software Market in 2024?

According to Cognitive Market Research, North America is expected to lead the global Restaurant Inventory Management Software Market due to its big restaurant population. In addition, there is a growing tendency for implementing cutting-edge solutions to boost restaurant production. The hectic lives of the region's working population have fueled the growth of the worldwide Restaurant Inventory Management Software Market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific is expected to have the greatest CAGR in the next years due to an increase in the number of fast-food and quick-service restaurants in the region. Eating out has become increasingly popular, particularly in major urban areas where workers spend a significant amount of their earnings at restaurants, cafeterias, and cafes.

 

The current report Scope analyzes Restaurant Inventory Management Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Restaurant Inventory Management Software

According to Cognitive Market Research, the global Restaurant Inventory Management Software market size was estimated at USD 2184.6 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 873.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Restaurant Inventory Management Software market with a market size of USD 689.46 million in 2024 and is projected to grow at a CAGR of 8.6% during the forecast period. The demand is amplified by the nation's infrastructure development, which boosts demand for modern storage solutions.
• The Canada Restaurant Inventory Management Software market had a market share of USD 104.86 million in 2024 and is projected to grow at a CAGR of 9.6% during the forecast period. The increasing growth of fast food consumption in Canada is a significant market driver for entrepreneurs.
• The Mexico Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 79.52 million in 2024.

Europe Restaurant Inventory Management Software

According to Cognitive Market Research, the global Restaurant Inventory Management Software market size was estimated at USD 2184.6 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 655.38 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.

• The United Kingdom Restaurant Inventory Management Software market had a market share of USD 110.10 million in 2024 and is projected to grow at a CAGR of 9.9% during the forecast period. In the UK, Restaurant Inventory Management Software sales witness an upswing due to the regional administration is pursuing steps to promote electronic payments to meet its economic and social goals.
• The France Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 60.29 million in 2024.
• According to Cognitive Market Research, the Germany Restaurant Inventory Management Software market size was valued at USD 129.77 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. In Germany, Restaurant Inventory Management Software sales surged due to the rising digitization and the adoption of cloud-based restaurant management software are expected to augment market growth.
• The Italy Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 56.36 million in 2024.
• The Russia Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 101.58 million in 2024.
• The Spain Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 8.2% during the forecast period with a market size of USD 53.74 million in 2024
• The Luxembourg Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 20.32 million in 2024.
• The Portugal Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 13.76 million in 2024.
• The Greece Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 7.86 million in 2024.
• Rest of Europe's Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 101.58 million in 2024.

Asia Pacific Restaurant Inventory Management Software

According to Cognitive Market Research, the global Restaurant Inventory Management Software market size was estimated at USD 2184.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 502.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.

• According to Cognitive Market Research, the China Restaurant Inventory Management Software market size was valued at USD 226.11 million in 2024 and is projected to grow at a CAGR of 12.1% during the forecast period. This is due to several governments in the region are working to promote the hospitality sector in order to stimulate economic growth by attracting foreign tourists, which is expected to boost market expansion in the long run..
• The Japan Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD 69.34 million in 2024.
• The India Restaurant Inventory Management Software market had a market share of USD 60.29 million in 2024 and is projected to grow at a CAGR of 14.1% during the forecast period. In India's Restaurant Inventory Management Software Market, there is an increasing demand for software solutions that cater specifically to the needs of restaurants in the country.
• The South Korea Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD 50.25 million in 2024.
• The Australia Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 12.3% during the forecast period, with a market size of USD 26.13 million in 2024.
• The South East Asia Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 13.6% during the forecast period, with a market size of USD 34.67 million in 2024.
• The Rest of Asia Pacific Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD 35.67 million in 2024.

South America Restaurant Inventory Management Software

According to Cognitive Market Research, the global Restaurant Inventory Management Software market size was estimated at USD 2184.6 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 109.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Restaurant Inventory Management Software market size was valued at USD 46.75 million in 2024 and is projected to grow at a CAGR of 10.6% during the forecast period. Large Brazilian restaurants prefer integrated approaches that include restaurant management software, which supports a wide variety of restaurant operations, from point-of-sale (POS) to specialist enterprise resource planning.
• Argentina Restaurant Inventory Management Software market had a market share of USD 18.35 million in 2024 and is projected to grow at a CAGR of 10.9% during the forecast period. This is due to the growing demand for customer-centric solutions, as well as cost-effective and value-added services.
• Colombia Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD 9.72 million in 2024.
• Peru Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 10.2% during the forecast period with a market size of USD 8.96 million in 2024.
• Chile Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 10.3% during the forecast period with a market size of USD 7.86 million in 2024.
• The Rest of Latin America Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 17.59 million in 2024.

Middle East and Africa Restaurant Inventory Management Software

According to Cognitive Market Research, the global Restaurant Inventory Management Software market size was estimated at USD 2184.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 43.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.

• The GCC Countries Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 11.1% during the forecast period with a market size of USD 18.70 million in 2024. Restaurant Inventory Management Software sales flourish due to increasing FDI and the emergence of new market players are anticipated to boost the growth of the market.
• The Egypt Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 4.59 million in 2024.
• The South Africa Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD 6.90 million in 2024. Restaurant Inventory Management Software sales flourish in South Africa due to the improving living standards and income levels are expected to foster growth for the restaurant inventory management software market.
• The Turkey Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 3.76 million in 2024.
• The Nigeria Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 4.59 million in 2024.
• The Rest of MEA Restaurant Inventory Management Software market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 5.16 million in 2024.

Restaurant Inventory Management Software Market Analysis

How are Segments Performing in the Global Restaurant Inventory Management Software Market?

Restaurant Inventory Management Software Market Component Segment Analysis

According to Cognitive Market Research, the Software phase is the most prominent section. This part has the biggest market share and influence, playing a crucial role in establishing industry norms and shaping market trends. Software solutions are crucial for implementing environmentally friendly inventory management in restaurants, positioning this sector as a pivotal player in the market.

The service sector is experiencing the most rapid growth within the Restaurant Inventory Management Software Market. This sector is rapidly expanding in terms of market share and revenue. There is a high demand for services related to inventory control software in the restaurant industry, including implementation, education, and support options, as businesses look for comprehensive solutions to improve their operations.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Restaurant Inventory Management Software Industry. Request a Free Sample PDF!

Restaurant Inventory Management Software Market Deployment Mode Category Segment Analysis

According to Cognitive Market Research, the cloud category held the greatest market share in 2024. In recent years, the worldwide restaurant sector has seen a substantial surge in the use of cloud-based restaurant management software. Instead of a local or on-premise server, this software processes, manages, and stores data via remote networks of computers housed on the internet.

The on-premise category is expected to grow at the fastest CAGR during the forecast period. The on-premise restaurant management software solution is implemented on a restaurant's actual server. Because it is located on-site, the restaurant has complete control over the server, including its operation and database. Large-scale or full-service restaurants with significant assets and sensitive data choose to implement on-premise software solutions to meet compliance standards and appropriate regulations.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Restaurant Inventory Management Software End-Use Segment Analysis

End-Use Segment Analysis

According to Cognitive Market Research, the Full-service Restaurant (FSR) sector held the greatest market share in 2024. Full-service restaurants make major expenditures in technology to provide quick and efficient customer service. These restaurants provide a diverse menu, a range of courses, and enough of resources to manage business operations. Because companies constantly demand updated technologies, restaurant management software providers give a range of solutions that are tailored to their specific needs.

The Quick Service Restaurant (QSR) segment is predicted to increase rapidly between 2024 and 2032. The Quick Service Restaurant (QSR) sector has long been known for its high food quality and rapid customer service. However, with increased customer expectations for simple and appealing services, QSR owners are spending substantially in technology to match customer demands. Customers of quick-service restaurants, in particular, expect tailored, accurate, and personalized dining experiences.

• Full-service Restaurant (FSR)
• Institutional users
• Quick Service Restaurant (QSR)
• Other

Restaurant Inventory Management Software Organization size Segment Analysis

Organization size Segment Analysis

According to Cognitive Market Research, Large enterprises controlled the market in 2024. Large enterprises have massive inventories that are challenging to manage. Furthermore, inventory management in order to ensure that products are not out of stock or unavailable is critical. Large organizations are encouraging the development of this software in order to meet clients' expanding and unique needs.

The Small and Medium Enterprises (SMEs) segment is predicted to have the greatest CAGR over the forecast period. SMEs maintain a smaller level of inventories. This has decreased the overall cost of installing inventory management software.

• Large Enterprises
• SMEs

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion