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Self-Checkout Systems Market Worth 4.58 Billion USD by 2022


News provided by

MarketsandMarkets

20 Feb, 2017, 09:30 GMT

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PUNE, India, February 20, 2017 /PRNewswire/ --

According to the new market research report "Self-Checkout Systems Market by Offering (Hardware, Software, and Services), Mounting Type (Standalone and Wall Mounted & Countertop), Model Type (Cash Model and Cashless Model), End User, and Geography - Global Forecast to 2022", published by MarketsandMarkets. The market is expected to grow from USD 2.24 Billion in 2015 to reach USD 4.58 Billion by 2022, at a CAGR of 10.7% between 2016 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 35 market data Tables and 48 Figures spread through 124 Pages and in-depth TOC on "Self-Checkout Systems Market"


http://www.marketsandmarkets.com/Market-Reports/self-checkout-system-market-166127542.html

Early buyers will receive 10% customization on this report.

The self-checkout systems provide customers convenience, privacy, and control, due to which they are gaining popularity in the retail industry. This factor has led to its high rate of adoption of these systems in large retail formats such as supermarkets and hypermarkets and has also started penetrating into convenience stores, specialty stores, and other small format retail stores.

Supermarkets held the largest share of the self-checkout systems market in 2015 

Supermarkets held the largest size of the self-checkout systems market, segmented on the basis of end users, in 2015, followed by the hypermarkets and department stores. The flow of customers and the number of items purchased by each customer in supermarkets, hypermarkets, and department stores are usually more than any other retail store formats. This factor leads to the need for more number of checkout counters in these stores which also results in high demand for self-checkout systems from these end users.

Self-checkout systems market for cashless model type likely to grow at a higher rate during the forecast period


The market for cashless model type is expected to grow at a higher rate during the forecast period. The advantages of cashless model type over cash model type self-checkout systems, such as lower price and lesser complexity, have led to the increase in its adoption rate, especially in small retail store formats.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=166127542


North America held the largest size of the self-checkout systems market in 2015 


North America held the largest size of the self-checkout systems market in 2015, followed by Europe and APAC. The U.S. accounted for the largest share of the self-checkout systems market in North America, followed by Canada and Mexico. The leading position of the market in this region can be attributed to the high demand for self-checkout systems due to the presence of a large number of supermarkets, hypermarkets, department stores, and other retail stores in North America, which are utilizing the self-checkout systems.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=166127542

The major players operating in this market include NCR Corporation (U.S.), Toshiba TEC Corporation (Japan), Fujitsu Limited (Japan), Diebold Nixdorf, Inc. (U.S.), ECR Software (ECRS) Corporation (U.S.), Pan-Oston Co. (U.S.), ITAB Scanflow AB (Sweden), and PCMS Group plc (U.K.), among others.

Browse Related Reports 

Interactive Kiosk Market - by Type (ATMs, Self-service kiosk- (Information, ticketing, photo, patient interactive, check-in, employment, tele, DVD, & postal kiosk) &Vending machine), by Industry, by Component, & by Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/interactive-kiosks-market-221409707.html

Retail Automation Market by Product Type (Physical Electronic POS and Unattended Terminal), Industry Vertical (Food/Non-food, Oil & Gas, Transport & Logistics, Healthcare & Personal Care, and Hospitality), & Geography - Analysis & Forecast to 2014 - 2020
http://www.marketsandmarkets.com/Market-Reports/retail-automation-market-1247.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
 701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Email: sales@marketsandmarkets.com


Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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