Market Overview:
The global self-checkout terminals market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cash and cashless self-checkout terminals across different applications, such as retail, financial services, entertainment, travel, healthcare and others. Additionally, the growing trend of automation across different industries is also contributing to the growth of this market.
Product Definition:
A self-checkout terminal is a computerized checkout system that allows customers to purchase items and process payments without the assistance of a store employee. Self-checkout terminals are often found in grocery stores, but can also be used in other retail settings.
The importance of self-checkout terminals lies in their ability to speed up the checkout process for customers. In addition, they can help reduce lines at busy times and provide an additional layer of security by requiring customers to scan their own items and enter their own payment information.
Hybrid Self-Checkout Terminals:
Hybrid self-checkout terminals are a combination of traditional self-checkout kiosks and cashiers assisted by an employee. Hybrid systems have gained popularity due to their ability to reduce lines at checkout counters, which drives down operational costs for retailers.
The hybrid system is made up of two components: the software that runs on the host machine and the device itself.
Cash and Cashless Self-Checkout Terminals:
Cashless self-checkout terminals are electronic devices that help in performing various functions such as accepting payment, printing receipts and labels, and dispensing change. These terminals have the ability to perform all these tasks without the need for any cashiers or tellers. The device is equipped with a receipt printer that can print out a receipt on any material such as paper or plastic along with an optional loyalty/rewards program membership.
Application Insights:
The retail application segment accounted for the largest market share of over 70% in 2017. The growth can be attributed to the increasing adoption of self-checkout systems at supermarkets, hypermarkets, retail stores and convenience stores. Moreover, rising penetration of self-checkout systems at airports and railway stations is expected to drive the global self-checkout terminals market over the forecast period.
The financial services sector is anticipated to emerge as a prominent end user owing to increased adoption of automated teller machines (ATMs) with integrated self checkouts across banks and other financial institutions. Furthermore, growing demand for mobile banking is further expected to drive this segment over the forecast period. In addition, increasing investments by banks in developing innovative technologies such as tablet kiosks are likely to propel industry growth over the coming years.
Regional Analysis:
The Asia Pacific region dominated the global self-checkout terminals market in 2017. The growth can be attributed to increasing investments by the major players in developing countries such as China and India. For instance, Samsung Electronics Co., Ltd has collaborated with India's largest private sector bank, State Bank of India (SBI) for installation of cashless self-service checkout machines at various SBI outlets across the country. Such collaborations are expected to increase adoption rates of these automated systems over the forecast period.
North America is expected to grow significantly over the forecast period owing to increased automation and technological advancements such as voice recognition system used for machine learning purposes along with face detection software that helps in determining customer's age group and gender so that appropriate offers can be personalized accordingly.
Growth Factors:
- Increasing demand for convenience and efficiency in retail sector
- Rising labor costs and the need to reduce operating expenses
- Proliferation of self-checkout terminals across different retail formats
- Growing demand for automation and technological advancements in the retail sector
- Increasing trend of online shopping
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-Checkout Terminals Market Research Report
By Type
Hybrid Self-Checkout Terminals, Cash and Cashless Self-Checkout Terminals
By Application
Retail, Financial Services, Entertainment, Travel, Healthcare, Other
By Companies
Diebold Nixdorf, Fujitsu, ITAB Shop Concept, NCR, NEC, Pan-Oston, TOSHIBA TEC, ECR Software, IER, PCMS Group, Slabb
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Self-Checkout Terminals Market Report Segments:
The global Self-Checkout Terminals market is segmented on the basis of:
Types
Hybrid Self-Checkout Terminals, Cash and Cashless Self-Checkout Terminals
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
Retail, Financial Services, Entertainment, Travel, Healthcare, 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:
- Diebold Nixdorf
- Fujitsu
- ITAB Shop Concept
- NCR
- NEC
- Pan-Oston
- TOSHIBA TEC
- ECR Software
- IER
- PCMS Group
- Slabb
Highlights of The Self-Checkout Terminals 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:
- Hybrid Self-Checkout Terminals
- Cash and Cashless Self-Checkout Terminals
- By Application:
- Retail
- Financial Services
- Entertainment
- Travel
- Healthcare
- 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 Self-Checkout Terminals 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.
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- 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?
Self-checkout terminals are a type of checkout system where customers scan items they want to purchase themselves at a self-service kiosk. The customer then pays for the items and leaves the store.
Some of the key players operating in the self-checkout terminals market are Diebold Nixdorf, Fujitsu, ITAB Shop Concept, NCR, NEC, Pan-Oston, TOSHIBA TEC, ECR Software, IER, PCMS Group, Slabb.
The self-checkout terminals market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Self-Checkout Terminals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Self-Checkout Terminals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Self-Checkout Terminals Market - Supply Chain
4.5. Global Self-Checkout Terminals Market Forecast
4.5.1. Self-Checkout Terminals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Self-Checkout Terminals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Self-Checkout Terminals Market Absolute $ Opportunity
5. Global Self-Checkout Terminals Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Self-Checkout Terminals Market Size and Volume Forecast by Type
5.3.1. Hybrid Self-Checkout Terminals
5.3.2. Cash and Cashless Self-Checkout Terminals
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Self-Checkout Terminals Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Self-Checkout Terminals Market Size and Volume Forecast by Application
6.3.1. Retail
6.3.2. Financial Services
6.3.3. Entertainment
6.3.4. Travel
6.3.5. Healthcare
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Self-Checkout Terminals Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Self-Checkout Terminals Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Self-Checkout Terminals Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Self-Checkout Terminals Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Self-Checkout Terminals Demand Share Forecast, 2019-2026
9. North America Self-Checkout Terminals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Self-Checkout Terminals Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Self-Checkout Terminals Market Size and Volume Forecast by Application
9.4.1. Retail
9.4.2. Financial Services
9.4.3. Entertainment
9.4.4. Travel
9.4.5. Healthcare
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Self-Checkout Terminals Market Size and Volume Forecast by Type
9.7.1. Hybrid Self-Checkout Terminals
9.7.2. Cash and Cashless Self-Checkout Terminals
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Self-Checkout Terminals Demand Share Forecast, 2019-2026
10. Latin America Self-Checkout Terminals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Self-Checkout Terminals Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Self-Checkout Terminals Market Size and Volume Forecast by Application
10.4.1. Retail
10.4.2. Financial Services
10.4.3. Entertainment
10.4.4. Travel
10.4.5. Healthcare
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Self-Checkout Terminals Market Size and Volume Forecast by Type
10.7.1. Hybrid Self-Checkout Terminals
10.7.2. Cash and Cashless Self-Checkout Terminals
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Self-Checkout Terminals Demand Share Forecast, 2019-2026
11. Europe Self-Checkout Terminals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Self-Checkout Terminals Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Self-Checkout Terminals Market Size and Volume Forecast by Application
11.4.1. Retail
11.4.2. Financial Services
11.4.3. Entertainment
11.4.4. Travel
11.4.5. Healthcare
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Self-Checkout Terminals Market Size and Volume Forecast by Type
11.7.1. Hybrid Self-Checkout Terminals
11..2. Cash and Cashless Self-Checkout Terminals
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Self-Checkout Terminals Demand Share, 2019-2026
12. Asia Pacific Self-Checkout Terminals Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Self-Checkout Terminals Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Self-Checkout Terminals Market Size and Volume Forecast by Application
12.4.1. Retail
12.4.2. Financial Services
12.4.3. Entertainment
12.4.4. Travel
12.4.5. Healthcare
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Self-Checkout Terminals Market Size and Volume Forecast by Type
12.7.1. Hybrid Self-Checkout Terminals
12.7.2. Cash and Cashless Self-Checkout Terminals
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Self-Checkout Terminals Demand Share, 2019-2026
13. Middle East & Africa Self-Checkout Terminals Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Self-Checkout Terminals Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Self-Checkout Terminals Market Size and Volume Forecast by Application
13.4.1. Retail
13.4.2. Financial Services
13.4.3. Entertainment
13.4.4. Travel
13.4.5. Healthcare
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Self-Checkout Terminals Market Size and Volume Forecast by Type
13.7.1. Hybrid Self-Checkout Terminals
13.7.2. Cash and Cashless Self-Checkout Terminals
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Self-Checkout Terminals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Self-Checkout Terminals Market: Market Share Analysis
14.2. Self-Checkout Terminals Distributors and Customers
14.3. Self-Checkout Terminals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Diebold Nixdorf
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fujitsu
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ITAB Shop Concept
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NCR
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NEC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pan-Oston
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TOSHIBA TEC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ECR Software
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. IER
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PCMS Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Slabb
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
