Global Retail Self-Checkout Terminals Market to grow at a CAGR of 18.63% during the period 2018-2022

January 10 16:49 2018
The report covers the present scenario and the growth prospects of the global retail self-checkout terminals market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Radiant Insights market research identifies the growth in retail industry to be one of the primary growth factors for the retail self-checkout terminals market. The number of retail outlets opening globally is steadily increasing. Major retailers such as Carrefour, Metro, Tesco, and Wal-Mart are penetrating in Africa and APAC to expand their geographical presence and consumer base. Also, 7-Eleven is an international chain of convenience stores that plans to expand their stores in the US by setting up greater than 20000 stores by the end of the forecasted period. Carrefour collaborated with CFAO to direct their market operations in eight major countries. Our market analysts estimate that the market will grow steadily at a CAGR of close to 19% by 2022.  

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The retail self-checkout terminals market is moderately concentrated due to the presence of few key players competing intensely. The growing demand for faster checkout and enhanced convenience boosts the growth potential of the epos software market. Retail self-checkout terminal manufactures compete intensely based on product differentiation, pricing, product portfolio, and value-added services. The players must offer technologically advanced and differentiated product portfolio to attain competitive advantage in the epos software market.

The leading vendors in the market are

    Diebold Nixdorf
    FUJITSU
    ITAB Shop Concept
    NCR
    Pan-Oston
    TOSHIBA TEC

The other vendors in the market are ECR Software, IER, PCMS Group, and Slabb.
Segmentation by product and analysis of the retail self-checkout terminals market

    Hybrid
    Cash and cashless

Hybrid self-checkout terminals dominate the epos software market due to several advantages such as the reduced labor cost, enabling multiple operations in single unit, and facilitating dual mode system in one unit. Hybrid terminals can be operated as both self-checkout and cashier-operated checkouts, and can checkout two consumers simultaneously.
Geographical segmentation and analysis of the retail self-checkout terminals market

    Americas
    APAC
    EMEA

The Americas will be the major revenue contributor to the retail self-checkout terminals market owing to the extensive growth of modern grocery retail stores. In North America, the US, Brazil, and Canada account for the largest number of self-checkout terminals due to the growing hospitality, retail, and financial industries. Large retailers are increasingly investing in interactive kiosks to enhance customer satisfaction.

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Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

PART 05: MARKET LANDSCAPE

    Market ecosystem
    Market characteristics
    Market segmentation analysis

PART 06: MARKET SIZING

    Market definition
    Market sizing 2017
    Market size and forecast 2017-2022

PART 07: FIVE FORCES ANALYSIS

    Bargaining power of buyers
    Bargaining power of suppliers
    Threat of new entrants
    Threat of substitutes
    Threat of rivalry
    Market condition

PART 08: MARKET SEGMENTATION BY PRODUCT

    Segmentation by product
    Comparison by product
    Hybrid – Market size and forecast 2017-2022
    Cash and cashless – Market size and forecast 2017-2022
    Market opportunity by product

PART 09: CUSTOMER LANDSCAPE

PART 10: MARKET SEGMENTATION BY END-USER

    Segmentation by end-user
    Comparison by end-user
    Convenience stores, department stores, supermarkets, and hypermarkets – Market size and forecast 2017-2022
    Specialty retailers – Market size and forecast 2017-2022
    Others – Market size and forecast 2017-2022
    Market opportunity by end-user

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