Self-checkout systems provide a mechanism for customers to process their own purchases from a retailer. They are an alternative to the traditional cashier-staffed checkout.
Currently, there are many players in this market. NCR, Toshiba, Diebold Nixdorf, Fujitsu, ITAB, Pan-Oston, IBM, Grupo Digicon, Hisense, Modern-Expo Group, HP and some others are playing important roles in Self-Checkout Systems industry.
In market, revenue of Self-Checkout Systems in North America will increase to be 96401 Units in 2025 from 40011 Units in 2018, which is the biggest consumption area in current market pattern. Europe ranks the second largest consumption area, with revenue and market share of 18831 Units and 25.8% in 2018.
Self-checkout systems are easy to use and require less time, as the queues are usually short as compared to the ones at traditional checkouts. Majority of the people, especially the younger generation, are adopting new technologies, as these systems are more convenient and involve no or less interaction with humans, unlike traditional purchase systems.
Market Analysis and Insights: Global Self-Checkout Systems Market
The global Self-Checkout Systems market is valued at US$ 1771.8 million in 2019. The market size will reach US$ 3477.8 million by the end of 2026, growing at a CAGR of 10.0% during 2021-2026.
Global Self-Checkout Systems Scope and Segment
Self-Checkout Systems market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Self-Checkout Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Stand-alone Self-checkout Systems
Wall-mounted Self-checkout Systems
Countertop Self-checkout Systems
In 2019, Stand-alone SCO accounted for a major share of 86% in the global Self-Checkout Systems market. And this product segment is poised to reach 2966 M USD by 2025 from 1684 M USD in 2019.
Segment by Application
Hypermarket & Supermarket
Department Stores
Grocery/Convenience Stores
Pharmacy
Others
In Self-Checkout Systems market, Hypermarket & Supermarket segment holds an important share in terms of application, and it is expected to reach a volume of 121740 (Units) by 2025, at a CAGR of 13.31% during 2019 and 2025. It means that Self-Checkout Systems will be promising in the Hypermarket & Supermarket field in the next couple of years.
By Company
NCR
Toshiba
Diebold Nixdorf
Fujitsu
ITAB
Pan-Oston
IBM
Grupo Digicon
Hisense
Modern-Expo Group
HP Inc.
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Summary:
Get latest Market Research Reports on Self-Checkout Systems. Industry analysis & Market Report on Self-Checkout Systems is a syndicated market report, published as Global Self-Checkout Systems Market Insights and Forecast to 2027. It is complete Research Study and Industry Analysis of Self-Checkout Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.