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Published On: Feb 10, 2025

Quick Service Restaurant (QSR) Industry Research Report 2025

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Summary
A fast food restaurant, also known as a quick service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast food cuisine and has minimal table service.
The global quick service restaurants (QSR) IT market is primarily gaining from the increasing need of quick service restaurants to devise new ways of revenue generation to beat competition which is rising at a rapid pace. Today, QSRs are innovating and adopting solutions such as digital signage, point of sales solutions, digital menu cards, handheld devices, and kiosks in a bid to offer differentiated services. Apart from this, the rising adoption of mobile payment solutions is also stoking growth of QSR IT market. This requires quick service restaurants to be equipped with a robust and up to date IT infrastructure.
This report researched the Hardware, Software and Service of Quick Service Restaurant (QSR).
According to APO Research, The global Quick Service Restaurant (QSR) market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Quick Service Restaurant (QSR) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Quick Service Restaurant (QSR) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Quick Service Restaurant (QSR) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Quick Service Restaurant (QSR) include Verifone Systems, NCR Corporation, Cognizant, PAR Technology Corporation, NEC Display Solutions of America, LG, Panasonic Corporation, Oracle Corporation and Delphi Display Systems, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Quick Service Restaurant (QSR), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Quick Service Restaurant (QSR).
The Quick Service Restaurant (QSR) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Quick Service Restaurant (QSR) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Quick Service Restaurant (QSR) Segment by Company
Verifone Systems
NCR Corporation
Cognizant
PAR Technology Corporation
NEC Display Solutions of America
LG
Panasonic Corporation
Oracle Corporation
Delphi Display Systems
HM Electronics
Revel Systems
PAX Technology
SZZT Electronics
Shenzhen Xinguodu
Quick Service Restaurant (QSR) Segment by Type
Hardware
Software
Service
Quick Service Restaurant (QSR) Segment by Application
Large Consumers
Small Consumers
Quick Service Restaurant (QSR) Segment by Application
Large Consumers
Small Consumers
Quick Service Restaurant (QSR) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Quick Service Restaurant (QSR) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Quick Service Restaurant (QSR) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Quick Service Restaurant (QSR).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Quick Service Restaurant (QSR) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Table 1:Secondary Sources
Table 2:Primary Sources
Table 3:Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
Table 4:Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
Table 5:Global Quick Service Restaurant (QSR) Market Size by Type (2020-2025) & (US$ Million)
Table 6:Global Quick Service Restaurant (QSR) Revenue Market Share by Type (2020-2025)
Table 7:Global Quick Service Restaurant (QSR) Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 8:Global Quick Service Restaurant (QSR) Revenue Market Share by Type (2026-2031)
Table 9:Global Quick Service Restaurant (QSR) Market Size by Application (2020-2025) & (US$ Million)
Table 10:Global Quick Service Restaurant (QSR) Revenue Market Share by Application (2020-2025)
Table 11:Global Quick Service Restaurant (QSR) Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 12:Global Quick Service Restaurant (QSR) Revenue Market Share by Application (2026-2031)
Table 13:Global Quick Service Restaurant (QSR) Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Table 14:Global Quick Service Restaurant (QSR) Market Size by Region (2020-2025) & (US$ Million)
Table 15:Global Quick Service Restaurant (QSR) Market Share by Region (2020-2025)
Table 16:Global Quick Service Restaurant (QSR) Forecasted Market Size by Region (2026-2031) & (US$ Million)
Table 17:Global Quick Service Restaurant (QSR) Market Share by Region (2026-2031)
Table 18:Quick Service Restaurant (QSR) Industry Trends
Table 19:Quick Service Restaurant (QSR) Industry Drivers
Table 20:Quick Service Restaurant (QSR) Industry Opportunities and Challenges
Table 21:Quick Service Restaurant (QSR) Market Restraints
Table 22:Global Top Quick Service Restaurant (QSR) Players by Revenue (US$ Million) & (2020-2025)
Table 23:Global Quick Service Restaurant (QSR) Revenue Market Share by Players (2020-2025)
Table 24:Global Quick Service Restaurant (QSR) Industry Players Ranking, 2023 VS 2024 VS 2025
Table 25:Global Key Players of Quick Service Restaurant (QSR), Headquarters and Area Served
Table 26:Global Quick Service Restaurant (QSR) Players, Product Type & Application
Table 27:Global Players Market Concentration Ratio (CR5 and HHI)
Table 28:Global Quick Service Restaurant (QSR) by Players Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2024)
Table 29:Players Mergers & Acquisitions, Expansion Plans
Table 30:North America Quick Service Restaurant (QSR) Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 31:North America Quick Service Restaurant (QSR) Market Size by Country (2020-2025) & (US$ Million)
Table 32:North America Quick Service Restaurant (QSR) Market Size by Country (2026-2031) & (US$ Million)
Table 33:Europe Quick Service Restaurant (QSR) Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 34:Europe Quick Service Restaurant (QSR) Market Size by Country (2020-2025) & (US$ Million)
Table 35:Europe Quick Service Restaurant (QSR) Market Size by Country (2026-2031) & (US$ Million)
Table 36:Asia Pacific Quick Service Restaurant (QSR) Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 37:Asia Pacific Quick Service Restaurant (QSR) Market Size by Region (2020-2025) & (US$ Million)
Table 38:Asia Pacific Quick Service Restaurant (QSR) Market Size by Country (2026-2031) & (US$ Million)
Table 39:South America Quick Service Restaurant (QSR) Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 40:South America Quick Service Restaurant (QSR) Market Size by Country (2020-2025) & (US$ Million)
Table 41:South America Quick Service Restaurant (QSR) Market Size by Country (2026-2031) & (US$ Million)
Table 42:Middle East & Africa Quick Service Restaurant (QSR) Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 43:Middle East & Africa Quick Service Restaurant (QSR) Market Size by Country (2020-2025) & (US$ Million)
Table 44:Middle East & Africa Quick Service Restaurant (QSR) Market Size by Country (2026-2031) & (US$ Million)
Table 45:Verifone Systems Company Information
Table 46:Verifone Systems Business Overview
Table 47:Verifone Systems Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 48:Verifone Systems Quick Service Restaurant (QSR) Product Portfolio
Table 49:Verifone Systems Recent Developments
Table 50:NCR Corporation Company Information
Table 51:NCR Corporation Business Overview
Table 52:NCR Corporation Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 53:NCR Corporation Quick Service Restaurant (QSR) Product Portfolio
Table 54:NCR Corporation Recent Developments
Table 55:Cognizant Company Information
Table 56:Cognizant Business Overview
Table 57:Cognizant Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 58:Cognizant Quick Service Restaurant (QSR) Product Portfolio
Table 59:Cognizant Recent Developments
Table 60:PAR Technology Corporation Company Information
Table 61:PAR Technology Corporation Business Overview
Table 62:PAR Technology Corporation Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 63:PAR Technology Corporation Quick Service Restaurant (QSR) Product Portfolio
Table 64:PAR Technology Corporation Recent Developments
Table 65:NEC Display Solutions of America Company Information
Table 66:NEC Display Solutions of America Business Overview
Table 67:NEC Display Solutions of America Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 68:NEC Display Solutions of America Quick Service Restaurant (QSR) Product Portfolio
Table 69:NEC Display Solutions of America Recent Developments
Table 70:LG Company Information
Table 71:LG Business Overview
Table 72:LG Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 73:LG Quick Service Restaurant (QSR) Product Portfolio
Table 74:LG Recent Developments
Table 75:Panasonic Corporation Company Information
Table 76:Panasonic Corporation Business Overview
Table 77:Panasonic Corporation Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 78:Panasonic Corporation Quick Service Restaurant (QSR) Product Portfolio
Table 79:Panasonic Corporation Recent Developments
Table 80:Oracle Corporation Company Information
Table 81:Oracle Corporation Business Overview
Table 82:Oracle Corporation Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 83:Oracle Corporation Quick Service Restaurant (QSR) Product Portfolio
Table 84:Oracle Corporation Recent Developments
Table 85:Delphi Display Systems Company Information
Table 86:Delphi Display Systems Business Overview
Table 87:Delphi Display Systems Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 88:Delphi Display Systems Quick Service Restaurant (QSR) Product Portfolio
Table 89:Delphi Display Systems Recent Developments
Table 90:HM Electronics Company Information
Table 91:HM Electronics Business Overview
Table 92:HM Electronics Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 93:HM Electronics Quick Service Restaurant (QSR) Product Portfolio
Table 94:HM Electronics Recent Developments
Table 95:Revel Systems Company Information
Table 96:Revel Systems Business Overview
Table 97:Revel Systems Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 98:Revel Systems Quick Service Restaurant (QSR) Product Portfolio
Table 99:Revel Systems Recent Developments
Table 100:PAX Technology Company Information
Table 101:PAX Technology Business Overview
Table 102:PAX Technology Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 103:PAX Technology Quick Service Restaurant (QSR) Product Portfolio
Table 104:PAX Technology Recent Developments
Table 105:SZZT Electronics Company Information
Table 106:SZZT Electronics Business Overview
Table 107:SZZT Electronics Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 108:SZZT Electronics Quick Service Restaurant (QSR) Product Portfolio
Table 109:SZZT Electronics Recent Developments
Table 110:Shenzhen Xinguodu Company Information
Table 111:Shenzhen Xinguodu Business Overview
Table 112:Shenzhen Xinguodu Revenue in Quick Service Restaurant (QSR) Business (2020-2025) & (US$ Million)
Table 113:Shenzhen Xinguodu Quick Service Restaurant (QSR) Product Portfolio
Table 114:Shenzhen Xinguodu Recent Developments
Table 115:Authors List of This Report
Figure 1:Research Methodology
Figure 2:Research Process
Figure 3:Key Executives Interviewed
Figure 4:Quick Service Restaurant (QSR) Product Image
Figure 5:Global Quick Service Restaurant (QSR) Market Size Comparison by Type (2025-2031) & (US$ Million)
Figure 6:Global Quick Service Restaurant (QSR) Market Share by Type: 2024 VS 2031
Figure 7:Hardware Product
Figure 8:Software Product
Figure 9:Service Product
Figure 10:Global Quick Service Restaurant (QSR) Market Size by Application (2025-2031) & (US$ Million)
Figure 11:Global Quick Service Restaurant (QSR) Market Share by Application: 2024 VS 2031
Figure 12:Large Consumers Product
Figure 13:Small Consumers Product
Figure 14:Global Quick Service Restaurant (QSR) Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 15:Global Quick Service Restaurant (QSR) Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 16:Global Quick Service Restaurant (QSR) Market Share by Region: 2024 VS 2031
Figure 17:Global Quick Service Restaurant (QSR) Market Share by Players in 2024
Figure 18:Global Quick Service Restaurant (QSR) Manufacturers Established Date
Figure 19:Global Top 5 and 10 Quick Service Restaurant (QSR) Players Market Share by Revenue in 2024
Figure 20:Players Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 21:North America Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 22:North America Quick Service Restaurant (QSR) Market Share by Country (2020-2031)
Figure 23:United States Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 24:Canada Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 25:Mexico Quick Service Restaurant (QSR) Market Share by Country (2020-2031)
Figure 26:Europe Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 27:Europe Quick Service Restaurant (QSR) Market Share by Country (2020-2031)
Figure 28:Germany Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 29:France Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 30:U.K. Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 31:Italy Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 32:Spain Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 33:Russia Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 34:Netherlands Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 35:Nordic Countries Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 36:Asia-Pacific Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 37:Asia-Pacific Quick Service Restaurant (QSR) Market Share by Country (2020-2031)
Figure 38:China Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 39:Japan Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 40:South Korea Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 41:India Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 42:India Quick Service Restaurant (QSR) Market Share by Country (2020-2031)
Figure 43:Australia Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 44:China Taiwan Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 45:Southeast Asia Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 46:South America Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 47:South America Quick Service Restaurant (QSR) Market Share by Country (2020-2031)
Figure 48:Brazil Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 49:Argentina Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 50:Chile Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 51:Colombia Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 52:Peru Quick Service Restaurant (QSR) Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 53:Verifone Systems Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 54:NCR Corporation Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 55:Cognizant Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 56:PAR Technology Corporation Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 57:NEC Display Solutions of America Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 58:LG Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 59:Panasonic Corporation Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 60:Oracle Corporation Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 61:Delphi Display Systems Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 62:HM Electronics Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 63:Revel Systems Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 64:PAX Technology Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 65:SZZT Electronics Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)
Figure 66:Shenzhen Xinguodu Revenue Growth Rate in Quick Service Restaurant (QSR) Business (2020-2025)

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Quick Service Restaurant (QSR) Industry Research Report 2025

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