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.
Technavio’s 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
Technavio’s 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.
Other prominent vendors • Fujitsu • ITAB Shop Concept • NEC • Olea Kiosks • PourMyBeer • TOSHIBA TEC
Market driver • Increasing preference for self-checkout terminals • For a full, detailed list, view our report
Market challenge • Increase in swipers, shoplifters, and shrinkage • For a full, detailed list, view our report
Market trend • Scan and go pay system • For a full, detailed list, view our 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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