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Global Self-Checkout Systems Market, Competition, Forecast & Opportunities, 2024

DUBLIN, Nov. 27, 2019 /PRNewswire/ -- The "Global Self-Checkout Systems Market, By Offering (Hardware, Software & Services), By Transaction Type (Cash & Cashless), By Model (Standalone, Countertop & Mobile), By Enterprise Size, By End User, By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.

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The Global Self-Checkout Systems Market is projected to exhibit a CAGR of over 9% during the forecast period, growing from $ 3.7 billion in 2018 to $ 6.0 billion by 2024, on account of growing deployment of self-checkout systems at various industrial domains such as entertainment, healthcare and retail stores.

Self-checkout systems solve the problem of labor shortage, offering services of scanning the product and providing details of the product with its price, automatically. Self-checkout system is a multi-billion market and is poised to grow at a high rate, on account of factors such as need to enhance customer experience, reduce waiting time at retail supermarket chains and low-operational cost of self-checkout systems.

The Global Self-Checkout Systems Market can be segmented based on offering, transaction type, model, enterprise size and end-user. Based on the offerings, the market can be segmented into hardware, software and services. In 2018, hardware segment held nearly half of the Global Self-Checkout Systems Market, backed by the presence of several manufacturers offering hardware components. On the basis of transaction type, the market can be bifurcated into cashless and cash segments. Now a days, more and more people are opting for the cashless option, on account of lesser complexity and lower prices, resulting in its fastest growth rate during the forecast period. On the basis of model type, countertop and mobile are the preferred models, as they occupy less space when compared with standalone models.

Regionally, the market for self-checkout systems is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and the Middle East & Africa. Due to the early adoption of advanced technologies and presence of several stores and hypermarkets, North America is registering extensive adoption of self-checkout systems.

Major players operating in the Global Self-Checkout Systems Market are NCR Corporation, Toshiba Corporation, Diebold Nixdorf Incorporated, Fujitsu Limited, IBM Corporation, ITAB Scanflow AB, ECR Software Corporation, PCMS Group Ltd. and Slabb Inc.

Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. ITAB Scanflow and Toshiba entered into an agreement, under which the latter company started selling and integrating ITAB's systems in the market.

Years considered for this report:

  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020-2024

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer
4.1. Preference to Use in a Store
4.2. Overall Transaction Time at Self-Checkouts (including queuing time) is slower than at staffed checkouts?
4.3. Key Factors Driving Adoption of Self-Checkout Systems
4.4. Key Challenges faced while Adopting Self-Checkout Systems
4.5. Required Improvement for Self-Checkout Services

5. Global Self-Checkout Systems Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Offering (Hardware, Software and Services)
5.2.2. By Transaction Type (Cash and Cashless)
5.2.3. By Model (Standalone, Countertop and Mobile)
5.2.4. By Enterprise Size (SME and Large Enterprise)
5.2.5. By End User (Retail, Financial Services, Entertainment, Travel, Healthcare and Others)
5.2.6. By Region
5.2.7. By Company (2018)
5.3. Market Map
5.3.1. By Offering
5.3.2. By Transaction Type
5.3.3. By Model
5.3.4. By Enterprise Size
5.3.5. By End User
5.3.6. By Region

6. North America Self-Checkout Systems Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Offering
6.2.2. By Model
6.2.3. By End User
6.2.4. By Country
6.3. North America: Country Analysis

7. Europe Self-Checkout Systems Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Offering
7.2.2. By Model
7.2.3. By End User
7.2.4. By Country
7.3. Europe: Country Analysis

8. Asia-Pacific Self-Checkout Systems Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Offering
8.2.2. By Model
8.2.3. By End User
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis

9. South America Self-Checkout Systems Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Offering
9.2.2. By Model
9.2.3. By End User
9.2.4. By Country
9.3. South America: Country Analysis

10. Middle East & Africa Self-Checkout Systems Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Offering
10.2.2. By Model
10.2.3. By End User
10.2.4. By Country
10.3. MEA: Country Analysis

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. NCR Corporation
13.2.2. Fujitsu Limited
13.2.3. Toshiba Corporation
13.2.4. Diebold Nixdorf Incorporated
13.2.5. ECR Software Corporation
13.2.6. IBM Corporation
13.2.7. Pan-Oston Co.
13.2.8. ITAB Scanflow AB
13.2.9. Slabb Inc.
13.2.10. PCMS Group Ltd

14. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/idze5h

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