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Global Self-checkout Systems Market By Component, By Type, By Application, By Region, Industry Analysis and Forecast, 2020 - 2026

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    Report

  • 220 Pages
  • April 2020
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5026355
The Global Self-checkout Systems Market size is expected to reach $4.7 billion by 2026, rising at a market growth of 13.8% CAGR during the forecast period. Self-checkout systems are a type of machines that help with the transaction processing. It plays the role of cashier and provides various services. The self-checkout system scans the product and automatically shows product specifics along with its price. The systems are commonly used in various industrial domains.

The most significant factors contributing to customer satisfaction include speed of transaction, perceived control, efficiency, ease of use and customer satisfaction. Taking into consideration, compared to cash registers, this type of checkout is advantageous, but it is behind other systems mentioned below. Given that self-service checkout counters have been around for a while, most clients are quite used to this experience.

Modern self-checkouts carry on a wide variety of payment options, including credit cards and mobile payments. Although specialized equipment is needed for products that require weighing or cash handling, most transactions can be made with a simple device that includes a touch screen, barcode scanner, and credit card reader. Self-checkout can be easily configured to provide a multi-lingual option for places that serve customers who may speak several different languages, such as airports or shops in tourist areas. This makes the execution of a transaction much simpler for foreign visitors.

With the sudden break of Covid-19 in late months of year 2019, the markets worldwide are unfortunately experiencing its grip. The suppliers and consumers of the products & Services are affected in a big way across the sectors resulting in declining revenues in last quarters of year 2019.

Based on Component, the market is segmented into Systems and Services. Based on Type, the market is segmented into Cash Based Systems and Cashless Based Systems. Based on Application, the market is segmented into Supermarkets & Hypermarkets, Department Stores, Convenience Stores and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The major strategies followed by the market participants are Partnerships and Product Launches. Based on the Analysis presented in the Cardinal matrix, Toshiba Corporation is the major forerunner in the Self-checkout Systems Market. Companies such as NCR Corporation, Diebold Nixdorf, Inc., ECR Software Corporation, Fujitsu Limited, ITAB Shop Concept AB, Flooid Limited, Fortive Corporation, Strongpoint ASA, and Pan-Oston are some of the key innovators in Self-checkout Systems Market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Diebold Nixdorf, Inc., Fujitsu Limited, NCR Corporation, Toshiba Corporation, ITAB Shop Concept AB, Strongpoint ASA, ECR Software Corporation, Fortive Corporation (Gilbarco, Inc.), Pan-Oston (Houchens Industries, Inc.), Flooid Limited.

Recent strategies deployed in Self-checkout Systems Market

Partnerships, Collaborations, and Agreements:

Feb-2020: Diebold Nixdorf signed an ATM as a Service agreement with JoFiCo, a joint venture established by four Belgian Banks. The agreement is expected to allow the former company to manage the joint venture’s ATM network from end-to-end.

Jan-2020: Flooid announced collaboration with Adobe, a multinational computer software company. The Adobe Experience Platform is expected to be integrated with Flooid App Suite and Flooid core, which is expected to digitize the store.

Aug-2019: Diebold Nixdorf came into partnership with BD Rowa, a company engaged in providing storage automation and digital systems for pharmacies. The partnership was focused on selling and marketing of self-checkout solutions in the pharmacy market.

Jul-2019: ECR Software and K-VA-T announced the launch of the grocery industry’s first comprehensive transaction system, CATAPULT. Following the successful installation of the CATAPULT POS system at all of K-VA-T’s Super-Dollar-branded stores and fuel centers, both the companies have now successfully launched CATAPULT at K-VA-T’s Food-City-branded supermarkets.

Jun-2019: Toshiba teamed up with Albertsons Companies. Albertsons Companies have deployed Toshiba's self-checkout systems for minimizing wait time, enabling faster payment, improving operational throughput and reducing shopper interventions.

Mar-2019: Strongpoint Technology signed a reseller agreement with Radiant Globaltech Bhd (Radiant Group), a provider of retail technology solutions. Under this agreement, the companies is expected to sell and distribute the products and solutions of Strongpoint within Malaysia and Singapore.

Jan-2019: ECR Software signed partnership agreement with Ingenico Group, the global leader in seamless payment. Together, the companies aimed to provide retailers with flexibility and control when it comes to offering payment methods.

Jul-2018: Diebold Nixdorf announced partnership with MasterCard, a financial services company. Through this partnership, the companies aimed to provide an industry-defining, managed solution for the banking and retail sectors. The solution integrates Diebold Nixdorf’s expertise in Omni-channel innovation and consumer transactions on the front-end, with MasterCard's state-of-the-art processing services and extensive global network capability on the back-end.

Acquisition and Mergers:

Apr-2020: Fujitsu Frontech North America acquired Fulcrum Biometrics, LLC, a provider of biometric hardware, software, and solutions. The acquisition enabled the company in providing leading biometric authentication and access management solutions.

Nov-2018: NCR Corporation completed the acquisition of StopLift Checkout Vision Systems, a leader in intelligent computer vision systems. Through this acquisition, the former company aimed to combat theft in the retail business.

Product Launches and Product Expansions:

Jan-2020: Flooid launched a new Flooid App Suite. The App Suite is designed as a comprehensive checkout and payment solution for virtually any retail environment.

Sep-2019: Gilbarco Veeder-Root launched Passport Express Lane, a self-checkout system. The system has been designed for seamlessly integrating with the modern convenience store environment. This solution is available with Passport Version 12.02. Express Lane helps C-stores run more efficiently and enhance the consumer experience by offering more checkout options.

Jun-2019: Diebold Nixdorf launched the DN Series, a family of self-service solutions. This digitally-connected line of ATM solutions delivers a modern and personalized experience for consumers while offering maximum efficiency and simplicity for financial institutions.

Jun-2019: Fujitsu Frontech North America unveiled the U-Scan Mini-Express RFID, its new RFID self-checkout solution. The solution uses RFID technology for quickly and efficiently scanning items.

Scope of the Study

Market Segmentation:

By Component
  • Systems
  • Services

By Type
  • Cash Based Systems
  • Cashless Based Systems

By Application
  • Supermarkets & Hypermarkets
  • Department Stores
  • Convenience Stores
  • Others

By Geography

North America
  • US
  • Canada
  • Mexico
  • Rest of North America

Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled:
  • Diebold Nixdorf, Inc.
  • Fujitsu Limited
  • NCR Corporation
  • Toshiba Corporation
  • ITAB Shop Concept AB
  • Strongpoint ASA
  • ECR Software Corporation
  • Fortive Corporation (Gilbarco, Inc.)
  • Pan-Oston (Houchens Industries, Inc.)
  • Flooid Limited

Unique Offerings from the Publisher:
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Self-checkout Systems Market, by Component
1.4.2 Global Self-checkout Systems Market, by Type
1.4.3 Global Self-checkout Systems Market, by Application
1.4.4 Global Self-checkout Systems Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2015, Jan - 2020,Feb) Leading Players
Chapter 4. Global Self-checkout Systems Market by Component
4.1 Global Self-checkout Systems Systems Market by Region
4.2 Global Self-checkout Systems Services Market by Region
Chapter 5. Global Self-checkout Systems Market by Type
5.1 Global Self-checkout Systems Cash Based Systems Market by Region
5.2 Global Self-checkout Systems Cashless Based Systems Market by Region
Chapter 6. Global Self-checkout Systems Market by Application
6.1 Global Supermarkets & Hypermarkets Self-checkout Systems Market by Region
6.2 Global Department Stores Self-checkout Systems Market by Region
6.3 Global Convenience Stores Self-checkout Systems Market by Region
6.4 Global Others Self-checkout Systems Market by Region
Chapter 7. Global Self-checkout Systems Market by Region
7.1 North America Self-checkout Systems Market
7.1.1 North America Self-checkout Systems Market by Component
7.1.1.1 North America Self-checkout Systems Systems Market by Country
7.1.1.2 North America Self-checkout Systems Services Market by Country
7.1.2 North America Self-checkout Systems Market by Type
7.1.2.1 North America Self-checkout Systems Cash Based Systems Market by Country
7.1.2.2 North America Self-checkout Systems Cashless Based Systems Market by Country
7.1.3 North America Self-checkout Systems Market by Application
7.1.3.1 North America Supermarkets & Hypermarkets Self-checkout Systems Market by Country
7.1.3.2 North America Department Stores Self-checkout Systems Market by Country
7.1.3.3 North America Convenience Stores Self-checkout Systems Market by Country
7.1.3.4 North America Others Self-checkout Systems Market by Country
7.1.4 North America Self-checkout Systems Market by Country
7.1.4.1 US Self-checkout Systems Market
7.1.4.1.1 US Self-checkout Systems Market by Component
7.1.4.1.2 US Self-checkout Systems Market by Type
7.1.4.1.3 US Self-checkout Systems Market by Application
7.1.4.2 Canada Self-checkout Systems Market
7.1.4.2.1 Canada Self-checkout Systems Market by Component
7.1.4.2.2 Canada Self-checkout Systems Market by Type
7.1.4.2.3 Canada Self-checkout Systems Market by Application
7.1.4.3 Mexico Self-checkout Systems Market
7.1.4.3.1 Mexico Self-checkout Systems Market by Component
7.1.4.3.2 Mexico Self-checkout Systems Market by Type
7.1.4.3.3 Mexico Self-checkout Systems Market by Application
7.1.4.4 Rest of North America Self-checkout Systems Market
7.1.4.4.1 Rest of North America Self-checkout Systems Market by Component
7.1.4.4.2 Rest of North America Self-checkout Systems Market by Type
7.1.4.4.3 Rest of North America Self-checkout Systems Market by Application
7.2 Europe Self-checkout Systems Market
7.2.1 Europe Self-checkout Systems Market by Component
7.2.1.1 Europe Self-checkout Systems Systems Market by Country
7.2.1.2 Europe Self-checkout Systems Services Market by Country
7.2.2 Europe Self-checkout Systems Market by Type
7.2.2.1 Europe Self-checkout Systems Cash Based Systems Market by Country
7.2.2.2 Europe Self-checkout Systems Cashless Based Systems Market by Country
7.2.3 Europe Self-checkout Systems Market by Application
7.2.3.1 Europe Supermarkets & Hypermarkets Self-checkout Systems Market by Country
7.2.3.2 Europe Department Stores Self-checkout Systems Market by Country
7.2.3.3 Europe Convenience Stores Self-checkout Systems Market by Country
7.2.3.4 Europe Others Self-checkout Systems Market by Country
7.2.4 Europe Self-checkout Systems Market by Country
7.2.4.1 Germany Self-checkout Systems Market
7.2.4.1.1 Germany Self-checkout Systems Market by Component
7.2.4.1.2 Germany Self-checkout Systems Market by Type
7.2.4.1.3 Germany Self-checkout Systems Market by Application
7.2.4.2 UK Self-checkout Systems Market
7.2.4.2.1 UK Self-checkout Systems Market by Component
7.2.4.2.2 UK Self-checkout Systems Market by Type
7.2.4.2.3 UK Self-checkout Systems Market by Application
7.2.4.3 France Self-checkout Systems Market
7.2.4.3.1 France Self-checkout Systems Market by Component
7.2.4.3.2 France Self-checkout Systems Market by Type
7.2.4.3.3 France Self-checkout Systems Market by Application
7.2.4.4 Russia Self-checkout Systems Market
7.2.4.4.1 Russia Self-checkout Systems Market by Component
7.2.4.4.2 Russia Self-checkout Systems Market by Type
7.2.4.4.3 Russia Self-checkout Systems Market by Application
7.2.4.5 Spain Self-checkout Systems Market
7.2.4.5.1 Spain Self-checkout Systems Market by Component
7.2.4.5.2 Spain Self-checkout Systems Market by Type
7.2.4.5.3 Spain Self-checkout Systems Market by Application
7.2.4.6 Italy Self-checkout Systems Market
7.2.4.6.1 Italy Self-checkout Systems Market by Component
7.2.4.6.2 Italy Self-checkout Systems Market by Type
7.2.4.6.3 Italy Self-checkout Systems Market by Application
7.2.4.7 Rest of Europe Self-checkout Systems Market
7.2.4.7.1 Rest of Europe Self-checkout Systems Market by Component
7.2.4.7.2 Rest of Europe Self-checkout Systems Market by Type
7.2.4.7.3 Rest of Europe Self-checkout Systems Market by Application
7.3 Asia Pacific Self-checkout Systems Market
7.3.1 Asia Pacific Self-checkout Systems Market by Component
7.3.1.1 Asia Pacific Self-checkout Systems Systems Market by Country
7.3.1.2 Asia Pacific Self-checkout Systems Services Market by Country
7.3.2 Asia Pacific Self-checkout Systems Market by Type
7.3.2.1 Asia Pacific Self-checkout Systems Cash Based Systems Market by Country
7.3.2.2 Asia Pacific Self-checkout Systems Cashless Based Systems Market by Country
7.3.3 Asia Pacific Self-checkout Systems Market by Application
7.3.3.1 Asia Pacific Supermarkets & Hypermarkets Self-checkout Systems Market by Country
7.3.3.2 Asia Pacific Department Stores Self-checkout Systems Market by Country
7.3.3.3 Asia Pacific Convenience Stores Self-checkout Systems Market by Country
7.3.3.4 Asia Pacific Others Self-checkout Systems Market by Country
7.3.4 Asia Pacific Self-checkout Systems Market by Country
7.3.4.1 China Self-checkout Systems Market
7.3.4.1.1 China Self-checkout Systems Market by Component
7.3.4.1.2 China Self-checkout Systems Market by Type
7.3.4.1.3 China Self-checkout Systems Market by Application
7.3.4.2 Japan Self-checkout Systems Market
7.3.4.2.1 Japan Self-checkout Systems Market by Component
7.3.4.2.2 Japan Self-checkout Systems Market by Type
7.3.4.2.3 Japan Self-checkout Systems Market by Application
7.3.4.3 India Self-checkout Systems Market
7.3.4.3.1 India Self-checkout Systems Market by Component
7.3.4.3.2 India Self-checkout Systems Market by Type
7.3.4.3.3 India Self-checkout Systems Market by Application
7.3.4.4 South Korea Self-checkout Systems Market
7.3.4.4.1 South Korea Self-checkout Systems Market by Component
7.3.4.4.2 South Korea Self-checkout Systems Market by Type
7.3.4.4.3 South Korea Self-checkout Systems Market by Application
7.3.4.5 Singapore Self-checkout Systems Market
7.3.4.5.1 Singapore Self-checkout Systems Market by Component
7.3.4.5.2 Singapore Self-checkout Systems Market by Type
7.3.4.5.3 Singapore Self-checkout Systems Market by Application
7.3.4.6 Malaysia Self-checkout Systems Market
7.3.4.6.1 Malaysia Self-checkout Systems Market by Component
7.3.4.6.2 Malaysia Self-checkout Systems Market by Type
7.3.4.6.3 Malaysia Self-checkout Systems Market by Application
7.3.4.7 Rest of Asia Pacific Self-checkout Systems Market
7.3.4.7.1 Rest of Asia Pacific Self-checkout Systems Market by Component
7.3.4.7.2 Rest of Asia Pacific Self-checkout Systems Market by Type
7.3.4.7.3 Rest of Asia Pacific Self-checkout Systems Market by Application
7.4 LAMEA Self-checkout Systems Market
7.4.1 LAMEA Self-checkout Systems Market by Component
7.4.1.1 LAMEA Self-checkout Systems Systems Market by Country
7.4.1.2 LAMEA Self-checkout Systems Services Market by Country
7.4.2 LAMEA Self-checkout Systems Market by Type
7.4.2.1 LAMEA Self-checkout Systems Cash Based Systems Market by Country
7.4.2.2 LAMEA Self-checkout Systems Cashless Based Systems Market by Country
7.4.3 LAMEA Self-checkout Systems Market by Application
7.4.3.1 LAMEA Supermarkets & Hypermarkets Self-checkout Systems Market by Country
7.4.3.2 LAMEA Department Stores Self-checkout Systems Market by Country
7.4.3.3 LAMEA Convenience Stores Self-checkout Systems Market by Country
7.4.3.4 LAMEA Others Self-checkout Systems Market by Country
7.4.4 LAMEA Self-checkout Systems Market by Country
7.4.4.1 Brazil Self-checkout Systems Market
7.4.4.1.1 Brazil Self-checkout Systems Market by Component
7.4.4.1.2 Brazil Self-checkout Systems Market by Type
7.4.4.1.3 Brazil Self-checkout Systems Market by Application
7.4.4.2 Argentina Self-checkout Systems Market
7.4.4.2.1 Argentina Self-checkout Systems Market by Component
7.4.4.2.2 Argentina Self-checkout Systems Market by Type
7.4.4.2.3 Argentina Self-checkout Systems Market by Application
7.4.4.3 UAE Self-checkout Systems Market
7.4.4.3.1 UAE Self-checkout Systems Market by Component
7.4.4.3.2 UAE Self-checkout Systems Market by Type
7.4.4.3.3 UAE Self-checkout Systems Market by Application
7.4.4.4 Saudi Arabia Self-checkout Systems Market
7.4.4.4.1 Saudi Arabia Self-checkout Systems Market by Component
7.4.4.4.2 Saudi Arabia Self-checkout Systems Market by Type
7.4.4.4.3 Saudi Arabia Self-checkout Systems Market by Application
7.4.4.5 South Africa Self-checkout Systems Market
7.4.4.5.1 South Africa Self-checkout Systems Market by Component
7.4.4.5.2 South Africa Self-checkout Systems Market by Type
7.4.4.5.3 South Africa Self-checkout Systems Market by Application
7.4.4.6 Nigeria Self-checkout Systems Market
7.4.4.6.1 Nigeria Self-checkout Systems Market by Component
7.4.4.6.2 Nigeria Self-checkout Systems Market by Type
7.4.4.6.3 Nigeria Self-checkout Systems Market by Application
7.4.4.7 Rest of LAMEA Self-checkout Systems Market
7.4.4.7.1 Rest of LAMEA Self-checkout Systems Market by Component
7.4.4.7.2 Rest of LAMEA Self-checkout Systems Market by Type
7.4.4.7.3 Rest of LAMEA Self-checkout Systems Market by Application
Chapter 8. Company Profiles
8.1 Diebold Nixdorf, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.2 Fujitsu Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.1 Recent strategies and developments:
8.2.1.1 Partnerships, Collaborations, and Agreements:
8.2.1.2 Product Launches and Product Expansions:
8.2.1.3 Acquisition and Mergers:
8.2.2 SWOT Analysis
8.3 NCR Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.3.5.3 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Toshiba Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research and Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 ITAB Shop Concept AB
8.5.1 Company overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Acquisition and Mergers:
8.6 Strongpoint ASA
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 ECR Software Corporation
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.7.2.2 Product Launches and Product Expansions:
8.8 Fortive Corporation (Gilbarco, Inc.)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.9 Pan-Oston (Houchens Industries, Inc.)
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Geographical Expansions:
8.1 Flooid Limited
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Product Launches and Product Expansions:

Companies Mentioned

  • Diebold Nixdorf, Inc.
  • Fujitsu Limited
  • NCR Corporation
  • Toshiba Corporation
  • ITAB Shop Concept AB
  • Strongpoint ASA
  • ECR Software Corporation
  • Fortive Corporation (Gilbarco, Inc.)
  • Pan-Oston (Houchens Industries, Inc.)
  • Flooid Limited

Methodology

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