Self-checkout System Market, by Offering (Hardware, Software, Service), by Mounting Type (Cash-based, Cashless), by Model Type (Standalone, Wall-mounted/Countertop, Mobile), by End-user (Supermarkets, Hypermarkets and Department Stores, Convenience Stores, Others) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Self-checkout (referred to as self-service checkout) system offers a mechanism for consumers to process their individual purchases from a retail outlet. The self-checkout system scans the products and record the codes of the products along with its price automatically. Furthermore, these systems are an alternative to the traditional cashier-staffed checkout and have application in various industrial domains such as retail and others.
Market Dynamics
The rising advancement in technology and connectivity has led to substantial transformation of the industrial landscape, mainly in the retail sectors and others. The preference for self-checkout is increasing due to the trend of digitization. For instance, in March 2021, Radiant Group, a retail technology solutions provider entered into a reseller agreement with Norway-based Strongpoint Technology AB (Strongpoint). Under the following terms of the agreement, Radiant Group will have rights to distribute, sell and provide support services for Strongpoint’s products and services within Singapore and Malaysia. Strongpoint’s products and services range from storage stations, cash management solutions, vending machines, self-checkout machines and others. This is expected to create promising gains in the self-checkout system market size in the near future. For instance, in December 10, 2022 Netherland-based retailer Jumbo Supermarket selected NCR Corporation, a global provider of leading retail technology solutions to evolve its store architecture with self-checkout system in Belgium and Holland.
Market Taxonomy
This report segments the global self-checkout system market on the basis of offering, mounting type, model type, end user, and region. On the basis of offering, the Global Self-checkout System Market is segmented into hardware, software, and service. On the basis of mounting type, the Global Self-checkout System Market is segmented into cash-based, and cashless. On the basis of model type, the Global Self-checkout System Market is segmented into standalone, wall-mounted/countertop, and mobile. On the basis of end user, the Global Self-checkout System Market is segmented into supermarkets, hypermarkets and department stores, convenience stores, and others. On the basis of region, the Global Self-checkout System Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA).
Key features of the study:
This report provides an in-depth analysis of the Global Self-checkout System Market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the Global Self-checkout System Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Self-checkout System Market include Diebold Nixdorf, Inc., DXC Technology, ECR Software Corporation, Fujitsu, ITAB Group, NCR Corporation, Pan-Oston Corporation, ShelfX Inc., Slabb Inc., and Toshiba Global Commerce Solutions
The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The Global Self-checkout System Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Self-checkout System Market.
Detailed Segmentation:
Global Self-checkout System Market, By Offering:
Hardware
Software
Service
Global Self-checkout System Market, By Mounting Type:
Cash-based
Cashless
Global Self-checkout System Market, By Model Type:
Standalone
Wall-mounted/Countertop
Mobile
Global Self-checkout System Market, By End user:
Supermarkets
Hypermarkets and Department Stores
Convenience Stores
Others
Global Self-checkout System Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Company Profiles
Diebold Nixdorf, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
DXC Technology
ECR Software Corporation
Fujitsu
ITAB Group
NCR Corporation
Pan-Oston Corporation
ShelfX Inc.
Slabb Inc.
Toshiba Global Commerce Solutions
*Browse all the market data tables and figures on “Global Self-checkout System Market- Forecast to 2027”
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