Retail Self-checkout Terminals Market in the US 2017-2021 - Product Image

Retail Self-checkout Terminals Market in the US 2017-2021

  • ID: 4403378
  • Report
  • Region: United States
  • 66 pages
  • TechNavio
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FEATURED COMPANIES

  • Crane Payment Innovations
  • Diebold Nixdorf
  • Fujitsu
  • ITAB Shop Concept
  • NCR
  • NEC
  • MORE
About Retail Self-checkout Terminals

Retail self-checkout terminals are mainly used at retail stores to process purchases made by customers by self-scanning. These devices accept different payment modes such as cash, cashless, or card. Since all operations executed by these devices are automated, they eliminate waiting time at queues. This makes the process of scanning the purchased items and payments swift and easy. The rise in the number of retail stores and ease of use are the primary factors driving the demand for self-checkout terminals.

The analysts forecast the retail self-checkout terminals market in the US to grow at a CAGR of 15.98% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the retail self-checkout terminals market in the US for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Retail Self-checkout Terminals Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • Crane Payment Innovations
  • Diebold Nixdorf
  • NCR
  • Pan-Oston
  • Verifone
Other prominent vendors
  • Fujitsu
  • ITAB Shop Concept
  • NEC
  • Olea Kiosks
  • PourMyBeer
  • TOSHIBA TEC
Market drivers
  • Increasing preference for self-checkout terminals
  • For a full, detailed list, view the full report
Market challenges
  • Increase in swipers, shoplifters, and shrinkage
  • For a full, detailed list, view the full report
Market trends
  • Scan and go pay system
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • Crane Payment Innovations
  • Diebold Nixdorf
  • Fujitsu
  • ITAB Shop Concept
  • NCR
  • NEC
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Parent market: Global retail self-checkout terminals market
PART 05: Market landscape
  • Retail self-checkout terminals market in US
  • Economic indicators
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Retail self-checkout terminals market in the US by end-users
  • Convenience stores, supermarkets, and hypermarkets
  • Specialty stores
  • Others
PART 07: Segmentation by functionality
  • Retail self-checkout terminals market in the US by functionality
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Scan and go pay system
  • Identifying shoplifters by innovative technologies
  • Increase in adoption of NFC technology
PART 11: Vendor landscape
  • Competitive scenario
  • Key competitive strategies
  • Key leading vendors and their comparative analysis
PART 12: Key vendor analysis
  • Crane Payment Innovations
  • Diebold Nixdorf
  • NCR
  • Pan-Oston
  • Verifone
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global retail self-checkout terminals market 2016-2021 ($ billions)
Exhibit 02: Comparison of interactive kiosk framework
Exhibit 03: Retail self-checkout terminals: Segmentation by type
Exhibit 04: Key features of free standing self-checkout terminals
Exhibit 05: GDP in US 2011-2016 ($ trillions)
Exhibit 06: Urban population in US 2011-2016 (% of total)
Exhibit 07: Mobile cellular subscriptions in US 2010-2015 (per 100 people)
Exhibit 08: Self-checkout terminals market in US
Exhibit 09: Retail self-checkout terminals market in US 2016-2021 ($ millions)
Exhibit 10: Five forces analysis
Exhibit 11: Retail self-checkout terminals market in the US: Segmentation by end-user 2016 and 2021 (% share of revenue)
Exhibit 12: Retail self-checkout terminals market in US by convenience stores, supermarkets, and hypermarkets 2016-2021 ($ millions)
Exhibit 13: Retail self-checkout terminals market in US by specialty stores 2016-2021 ($ millions)
Exhibit 14: Retail self-checkout terminals market in US by others 2016-2021 ($ millions)
Exhibit 15: Key leading vendors in retail self-checkout terminal market in US
Exhibit 16: Key vendors: Benchmarking on product offering, geographical presence, and product pricing
Exhibit 17: Crane Payment Innovations: Geographical segmentation 2016 (% share of revenue)
Exhibit 18: Crane Payment Innovations: Business segmentation 2016 (% share of revenue)
Exhibit 19: Diebold Nixdorf: Geographical segmentation 2016 (% share of revenue)
Exhibit 20: Diebold Nixdorf: Business segmentation 2016 (% share of revenue)
Exhibit 21: NCR: Business segmentation 2016 (% share of revenue)
Exhibit 22: NCR: Geographical segmentation 2016 (% share of revenue)
Exhibit 23: NCR: Product portfolio
Exhibit 24: Pan-Oston: Product portfolio
Exhibit 25: Verifone: Geographical segmentation 2016 (% share of revenue)
Exhibit 26: Verifone: Business segmentation 2016 (% share of revenue
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FEATURED COMPANIES

  • Crane Payment Innovations
  • Diebold Nixdorf
  • Fujitsu
  • ITAB Shop Concept
  • NCR
  • NEC
  • MORE
New Report Released: – Retail Self-checkout Terminals Market in the US 2017-2021

The author of the report recognizes the following companies as the key players in the retail self-checkout terminals market in the US: Crane Payment Innovations, Diebold Nixdorf, NCR, Pan-Oston, and Verifone.

Other Prominent Vendors in the market are: Fujitsu, ITAB Shop Concept, NEC, Olea Kiosks, PourMyBeer, and TOSHIBA TEC.

Commenting on the report, an analyst from the research team said: “One trend in the market is scan and go pay system. The scan and go pay system is a technology that allows customers to scan objects while going around the mart and carry the scanned products in their trolleys. The scan and go pay system is a self-scanning system where customers pick their desired items while moving around the store and scan them with their smartphones.”

According to the report, one driver in the market is increasing preference for self-checkout terminals. The growth in population has led to significant increase in the number of small stores in the US. Customers shopping fewer items do not prefer to wait in queues for a long time. Although express lines were introduced to enable faster check-outs, these machines require customers to shop a minimum of eight to ten items. Thus, customers buying fewer items get displeased and do not make any purchase at all. Considering these challenges, most retail stores have started adopting self-checkout terminals that promise better customer service, improved cash handling, reduced manual labor, and efficient front-end operations.

Further, the report states that one challenge in the market is increase in swipers, shoplifters, and shrinkage. Swipers are shoplifters who steal products regularly by not scanning them at the self-checkout terminals. They do not target high-value FMCG products but steal small products like vegetables, bread, and fruits. Moreover, cashiers often overlook the items left in the cart due to which one-third of the shoppers steal items by using self-checkout terminals in retail stores. More than 30% of the customers comes under swipers who regularly steal items with the help of self-checkout terminals.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Crane Payment Innovations
  • Diebold Nixdorf
  • NCR
  • Pan-Oston
  • Verifone
  • Fujitsu
  • ITAB Shop Concept
  • NEC
  • Olea Kiosks
  • PourMyBeer
  • TOSHIBA TEC
Note: Product cover images may vary from those shown
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