Global Retail Self-checkout Terminals Market Share, Supply And Consumption 2017 To 2021 Market Research Report
Market research analysts at Technavio predict that the global retail self-checkout terminals market will grow steadily during the next four years and post a CAGR of almost 18% by 2021. This market research analysis identifies the growth of the retail industry as one of the primary growth factors for this market. Major developing countries in APAC, such as India and China, are witnessing a rapid increase in the number of retail stores. With customer satisfaction becoming one of the major concerns, these retail stores will start installing self-checkout systems to facilitate faster checkout. One of the major vendors CBE has already installed self-checkout terminals in several independent retail stores in Ireland and the UK. Moreover, countries in the APAC and Europe are also registering a constant rise in the number of convenience stores that extensively use self-service checkout systems, which will consequently drive the growth of the market.
The rise in demand for customized self-checkout terminals will be one of the major trends that will gain traction in this market in the coming years. With the increasing installation of self-checkout machines, the market will soon witness the demand for customized self-checkout terminals that will cater to the needs of particular businesses. Since these terminals are easy to upgrade, vendors will witness a significant reduction in maintenance costs. Vendors such as Diebold and NCR have already started providing customized self-service checkout terminals that can be personalized to the customer’s requirements.
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Covered in this report
The report covers the present scenario and the growth prospects of the global retail self-checkout terminals market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of retail self-checkout terminals.
The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
• MEA
Technavio’s report, Global Retail Self-checkout Terminals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Fujitsu
• NCR
• Pan-Oston
• Toshiba TEC
• Wincor Nixdorf International
Other prominent vendors
• Diebold
• NEC
• Olea Kiosks
• PourMyBeer
• Versatile Credit
Market driver
• Conversion of checkout lanes from assisted to self-service benefiting both consumers and customers
• For a full, detailed list, view our report
Market challenge
• High growth in online shopping and service reduces consumer traffic in offline stores
• For a full, detailed list, view our report
Market trend
• Rise in demand for customized self-checkout terminals
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
· Market overview
· Top-vendor offerings
PART 03: Market research methodology
· Research methodology
· Economic indicators
PART 04: Introduction
· Key market highlights
PART 05: Market landscape
· Market overview
· Key technologies
· Market size and forecast
· Five forces analysis
PART 06: Market segmentation by retail formats
· Global retail self-checkout terminals market by end-user
PART 07: Users of self-checkout terminals
PART 08: Geographical segmentation
· Retail self-checkout terminals market in Americas
· Retail self-checkout terminals market in Europe
· Retail self-checkout terminals market in APAC
· Retail self-checkout terminals market in MEA
PART 09: Key leading countries
· US
· Japan
· France
PART 10: Market drivers
· Conversion of checkout lanes from assisted to self-service benefiting both consumers and customers
· Growing retail industry
· Technological advances aiding higher efficiency
PART 11: Impact of drivers
..…..Continued
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