Restaurant Tech had to make a sizable evolutionary jump overnight to bridge the gap between the way the planet used to eat and the new realities of the Covid era.

“Summing up the state of the play in Restaurant Tech Market in late 2021, it’s safe to say this is a case of every cloud having a silver lining. While the F&B industry took a major blow in 2020, their tech satellite domain saw a massive injection of investment, interest, and innovation. This will shape the food service domain for decades ahead.”

Andrew Ilyin, Delivery Director, Dev.Pro

This Restaurant Tech white paper is a deep dive into the state of things in the food service industry after the pandemic.

On the darker side of this story, Full Service Restaurants in the USA lost 30% in revenue in 2020, according to the US National Restaurant Association. Over 100,000 establishments [17%] closed for good during the pandemic. 

On the brighter end of the spectrum, investors rushed to invest in restaurant technologies that allowed the food service industry to produce and serve more food: safer, faster, sustainably, and with fewer human resources. According to AgFunder, in the first half of the 2020, FoodTech attracted nearly $15 billion [with Instore and Restaurant Tech responsible for attracting $2.68 billion out of the lump sum].

This white paper provides an up-to-date overview of the restaurant tech trends and state of the play, including:

  1. Food Tech and Restaurant Tech market overview with startup funding distribution downstream and upstream.
  2. Use cases and new application of technologies in the food service economy sector: from AI and IoT to QR codes and NLP technologies.
  3. Trends shopping the way people order, serve, cook, deliver food in the post-pandemic world: BOPIS, sanitation tech, driverless vehicle, social selling, ghost kitchens, and more.

Is this restaurant tech guide for you?

You may find the information useful if:

  • You’re a franchise owner looking to optimize operations, administration and compliance spheres of your business.
  • You are a software development company working on developing a restaurant management system or a connected kitchen solution.
  • You are a third-party software vendor with a tech solution for the restaurant and events industry looking for ways to improve your product and distribution channels.
  • You are a software development engineer working on a connected restaurant device or software product in search of insights, best practices, and use cases.
  • You are in restaurant business and want to learn more about restaurant tech trends and future predictions.

While the research in this white paper aggregates statistical information on food service tech funding and the startup realm, it also offers insightful use cases and unorthodox, captivating applications of technologies in the food industry.

LEARN THE LATEST TRENDS IN RESTAURANT TECH