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Market Research Report
Self-checkout System Market, by Offering, by Mounting Type, by Model Type, by End-user and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 |
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| Published by | Coherent Market Insights | Product code | 980051 | ||||
| Published | Content info | 130 Pages Delivery time: 2-3 business days |
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| Self-checkout System Market, by Offering, by Mounting Type, by Model Type, by End-user and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 | ||
| Published: December 31, 2020 | Content info: 130 Pages |
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Title:
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, 2020 - 2027.
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.
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 2019, 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, 2020 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.
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).
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