North America to Grab Lion’s Share in the Catering Software Market

Introduction

The catering software market has been growing at an exponential rate in the last few years as it offers time-saving services at competitive prices. The software has been witnessing a considerable demand from the event management companies, caterers, and restaurants to administer their business efficiently using digitalization, adhering to the changing food delivery trends. However, technological uncertainties such as security issues, system failures, and lack of technically skilled labor might hamper the market growth to some extent.

Key Highlights

• The catering software market is expected to grow with a CAGR of 15.5%.
• The U.S. has over a million restaurants, with industry sales of USD 899 million, growing with a CAGR of 4%.
• North America holds the highest market share of the catering software market. The region is backed by the availability of fast internet and the presence of prominent key players and restaurants.
• Asia-Pacific’s catering software market is projected to grow at the fastest rate due to favorable government regulations and propelling the e-commerce sector.

Competitive Players

Key Players

• Caterease
• Gather
• CaterTrax
• PeachWorks
• Restaurant Catering Systems
• ChefMod
• EventTemple
• Curate
• GoFrugal Technologies
• Pxier
• Aptus Systems
• Optimo, Oryx Digital
• MonkeyMedia Software
• ResortSuite
• CaterXpress
• AeroChef
• The CBORD Group
• Naxtech
• Plateful
• Kott Software

Recent Developments

Segmentation

Catering Software Market Segmentation

By Component

• Solutions
  • Scheduling software
  • Time tracking software
  • Marketing software
  • Order management
  • Event planning
• Services
  • Consulting services
  • Integration services
  • Other support and maintenance services

By Deployment Mode

• Cloud
• On-premise

By Application

• Parties
• Hotels
• Social events
• Corporate

By Region

North America

• The U.S.
• Canada
• Mexico

Europe

• The U.K.
• Italy
• France
• Spain
• Germany
• The Rest of Europe

The Middle East and Africa (MEA)

• Saudi Arabia
• Egypt
• South Africa
• The Rest of MEA

Asia-Pacific

• India
• China
• Japan
• Australia
• South Korea
• The Rest of Asia-Pacific

South America

• Columbia
• Brazil
• Chile
• Peru
• Argentina
• The Rest of South America