Market Overview:
The global electronic cash drawer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electronic cash drawers from retailers, hotels, hospitals, and other applications. Additionally, the growing adoption of digital payments is also contributing to the growth of this market. Based on type, the global electronic cash drawer market can be segmented into stationary and portable electronic cash drawers. The stationary type held a larger share of the global market in 2017 and is expected to continue its dominance during the forecast period as well. This can be attributed to its low cost and easy installation compared with portable types.
Product Definition:
An electronic cash drawer is a device that keeps track of cash transactions in a business. It records the amount of money deposited and withdrawn from the till, as well as providing an audit trail to ensure that all transactions are accounted for. Electronic cash drawers are important for businesses because they provide a secure and accurate way to track their finances.
Stationary:
The global stationary market size was valued at USD 2.88 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing demand across the globe due to rising adoption of electronic cash drawers in banks as an aid for automated cash management, efficient customer service, and improved security features.
Portable:
The portable is a device which helps to carry out cash transactions at any place and in any weather condition. It is also known as the electronic cash drawer, which is an essential part of self-service payment systems. The portable devices are widely used in retail outlets, restaurants, hotels or even during travel for making payments. These devices help to reduce manual efforts by providing a convenient way to make payments without directly involving the bank teller or staff member.
Application Insights:
The retailers application segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The growing e-commerce industry has created a need for real-time payment solutions that offer secure transactions and are fast. Electronic cash drawers address this requirement by providing an easy, quick and safe way of conducting payments through POS systems or mobile applications.
Electronic cash drawers have been gaining popularity among retailers as they reduce counter queues, offer faster transaction processing, eliminate manual errors and help improve customer experience while shopping online at stores using point of sale systems. Moreover, these devices facilitate easy paperless billing by storing customers¢â‚¬â„¢ payment details on a server which can be later retrieved by the store owner to prepare bills or statements according to his/her wish. All these benefits are expected to drive their demand in retail settings over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to growing adoption of payment technologies by retailers and consumers, high disposable income of consumers, and presence of prominent electronic cash drawer manufacturers in the region. Moreover, increasing use cases for digital payments are also likely to contribute toward regional growth over the next eight years.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising number of smartphone users and internet penetration in emerging economies such as India and China. Furthermore, favorable government initiatives promoting digital payments across various industries are also expected drive regional demand during 2018-2030 period (forecast).
Growth Factors:
- Increasing demand for cashless transactions
- Rising number of retail outlets
- Growing trend of online shopping
- Proliferation of point-of-sale (POS) terminals
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Cash Drawer Market Research Report
By Type
Stationary, Portable
By Application
Retailers, Hotel, Hospital, Other
By Companies
Toshiba, Sharp, Casio, Dell, Olivetti, Fujitsu, Foxconn Technologies, HP, NCR, Wincor Nixdorf, Posiflex Technology, Shinheung Precis, Citaq, Forbes Technosys
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Cash Drawer Market Report Segments:
The global Electronic Cash Drawer market is segmented on the basis of:
Types
Stationary, Portable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retailers, Hotel, Hospital, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toshiba
- Sharp
- Casio
- Dell
- Olivetti
- Fujitsu
- Foxconn Technologies
- HP
- NCR
- Wincor Nixdorf
- Posiflex Technology
- Shinheung Precis
- Citaq
- Forbes Technosys
Highlights of The Electronic Cash Drawer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stationary
- Portable
- By Application:
- Retailers
- Hotel
- Hospital
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Cash Drawer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electronic cash drawer is a device that allows you to electronically receive and deposit money.
Some of the major companies in the electronic cash drawer market are Toshiba, Sharp, Casio, Dell, Olivetti, Fujitsu, Foxconn Technologies, HP, NCR, Wincor Nixdorf, Posiflex Technology, Shinheung Precis, Citaq, Forbes Technosys.
The electronic cash drawer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Cash Drawer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Cash Drawer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Cash Drawer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Cash Drawer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Cash Drawer Market Size & Forecast, 2018-2028
4.5.1 Electronic Cash Drawer Market Size and Y-o-Y Growth
4.5.2 Electronic Cash Drawer Market Absolute $ Opportunity
Chapter 5 Global Electronic Cash Drawer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Cash Drawer Market Size Forecast by Type
5.2.1 Stationary
5.2.2 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Cash Drawer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Cash Drawer Market Size Forecast by Applications
6.2.1 Retailers
6.2.2 Hotel
6.2.3 Hospital
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Cash Drawer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Cash Drawer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Cash Drawer Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Cash Drawer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Cash Drawer Market Size Forecast by Type
9.6.1 Stationary
9.6.2 Portable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Cash Drawer Market Size Forecast by Applications
9.10.1 Retailers
9.10.2 Hotel
9.10.3 Hospital
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Cash Drawer Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Cash Drawer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Cash Drawer Market Size Forecast by Type
10.6.1 Stationary
10.6.2 Portable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Cash Drawer Market Size Forecast by Applications
10.10.1 Retailers
10.10.2 Hotel
10.10.3 Hospital
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Cash Drawer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Cash Drawer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Cash Drawer Market Size Forecast by Type
11.6.1 Stationary
11.6.2 Portable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Cash Drawer Market Size Forecast by Applications
11.10.1 Retailers
11.10.2 Hotel
11.10.3 Hospital
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Cash Drawer Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Cash Drawer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Cash Drawer Market Size Forecast by Type
12.6.1 Stationary
12.6.2 Portable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Cash Drawer Market Size Forecast by Applications
12.10.1 Retailers
12.10.2 Hotel
12.10.3 Hospital
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Cash Drawer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Cash Drawer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Cash Drawer Market Size Forecast by Type
13.6.1 Stationary
13.6.2 Portable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Cash Drawer Market Size Forecast by Applications
13.10.1 Retailers
13.10.2 Hotel
13.10.3 Hospital
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Cash Drawer Market: Competitive Dashboard
14.2 Global Electronic Cash Drawer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toshiba
14.3.2 Sharp
14.3.3 Casio
14.3.4 Dell
14.3.5 Olivetti
14.3.6 Fujitsu
14.3.7 Foxconn Technologies
14.3.8 HP
14.3.9 NCR
14.3.10 Wincor Nixdorf
14.3.11 Posiflex Technology
14.3.12 Shinheung Precis
14.3.13 Citaq
14.3.14 Forbes Technosys
