Self-Checkout Systems Market Introduction and Overview
According to SPER Market Research, the Global Self-Checkout Systems Market is estimated to reach USD 13.85 billion by 2032 with a CAGR of 13.5%.
The report includes an in-depth analysis of the Global Self-Checkout Systems Market, including market size and trends, product mix, distribution channels, and supplier analysis. Self-service (SSC) checkouts, also known as self-checkout (SCO) machines, allow customers to finish their own purchases from a business without the need for a typical staffed checkout. Because clients scan item barcodes before paying for their complete purchase with SCOs, there is no longer a requirement for one-on-one staff support. Self-service checkout lanes can be found at convenience stores and department stores, although they are most frequent in supermarkets.
- April 2022: Pete's of Erie Inc. has chosen the Passport Express Lane self-checkout system from Gilbarco Veeder-Root for all 50 of its convenience stores in Kansas, Oklahoma, and Missouri In addition to fast lanes, Pete's will include CPI Paypod cash recyclers to ensure that customers may pay with cash, card, or contactless options.
- Integration with Mobile Apps: Integration of self-checkout systems with mobile apps has further contributed to market growth. Mobile apps enable customers to scan items, make payments, and bypass traditional checkout lines entirely. This seamless integration of self-checkout systems with mobile devices enhances the overall shopping experience and attracts tech-savvy customers.
Market Opportunities and Challenges
With the increasing popularity of mobile payment apps and digital wallets, there is a growing demand for seamless integration between self-checkout systems and these platforms. By allowing customers to make payments directly from their mobile devices, self-checkout systems can enhance the convenience and speed of the checkout process. This integration can also provide additional benefits such as loyalty program integration, personalized offers, and digital receipts. By capitalizing on this market opportunity and providing a seamless mobile payment experience, self-checkout system providers can attract tech-savvy customers and stay competitive in the evolving retail landscape.
Due to the reduced human supervision in self-checkout processes, there is a potential for dishonest customers to exploit the system by not scanning or under-scanning items. This can lead to loss of revenue for retailers. Additionally, technical issues or glitches in the self-checkout system's scanning and weighing mechanisms can result in incorrect pricing or unrecorded items. Ensuring the accuracy of transactions and implementing effective theft prevention measures, such as security cameras, weight sensors, and AI-powered algorithms, is crucial to maintaining the integrity of self-checkout systems.
Market Competitive Landscape
The worldwide self-checkout systems sector is concentrated and competitive as the vendors are working with major and small retail suppliers as strategic partners to digitise and restructure their retail front ends. Furthermore, these organisations have maintained their market dominance throughout by having a broad network of direct and indirect sales channel presence. Some of these key players in the global Self-Checkout Systems market include Diebold Nixdorf, Digimarc Corporation, ECR Software Corporation, Erply, Fujitsu Ltd., Gilbarco Inc., IBM Corporation, IER Inc., ITAB Group, NCR Corporation, Pan-Oston, PCMS Group Ltd., Qingdao CCL Technology Co. Ltd., Olea Kiosks, Qingdao, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Mounting Type, By Sales Channel, By Model Type, By Application, By End User
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| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa
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| Companies Covered | Diebold Nixdorf, Digimarc Corporation, ECR Software Corporation, Erply, Fujitsu Ltd., Gilbarco Inc., IBM Corporation, IER Inc., ITAB Group, NCR Corporation, Olea Kiosks Inc., Pan-Oston, PCMS Group Ltd., Qingdao CCL Technology Co. Ltd., Qingdao Histone Intelligent Commercial System Co. Ltd., Qingdao Wintec System Co. Ltd., Scandit Inc., Slabb Inc., Toshiba Global Commerce Solutions, StrongPoint, ShelfX, Inc., Others
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COVID-19 Impact on Global Self-Checkout Systems Market
The COVID-19 pandemic has increased the demand for contactless solutions, leading to a surge in adoption of self-checkout systems. Customers can scan and pay for items without interacting with cashiers, providing a safer and more hygienic shopping experience. Retailers have also implemented self-checkout systems to maintain social distancing and minimize person-to-person contact. This helps reduce the risk of virus transmission in retail environments. Additionally, self-checkout systems offer operational efficiency and labour cost savings for retailers. By automating the checkout process, retailers can optimize operations, improve efficiency, and allocate staff to other essential tasks while reducing labour costs.
Key Target Audience:
- Airports and Transportation Hubs
- Consumers
- Government Institutions and Public Facilities
- Hospitality Industry
- Retailers
- Shopping Mall Operators
- Small and Medium-Sized Businesses (SMBs)
- Technology Providers and Solution Integrators
- Technology Trade Shows and Exhibitions
Our in-depth analysis of the Self-Checkout Systems Market includes the following segments:
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By Mounting Type:
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Mobile
Stand-Alone Mounting Type
Wall-Mounting & Countertop Mounting Type
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By Sales Channel:
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Direct Channel
Indirect Channel
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By Model Type:
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Cash Model Type
Cashless Model Type
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By Application:
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Healthcare
Hospitality
Retail
Travel
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By End User:
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Convenience Store
Hospitality
Hypermarkets & Departmental Stores
Retail
Supermarkets
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Key Topics Covered in the Report:
- Global Self-Checkout Systems Market Size (FY’2022-FY’2032)
- Overview of Global Self-Checkout Systems Market
- Segmentation of Global Self-Checkout Systems Market By Type (Fixed, Mobile-Based)
- Segmentation of Global Self-Checkout Systems Market By Mounting Type (Mobile, Stand-Alone Mounting Type, Wall-Mounting & Countertop Mounting Type)
- Segmentation of Global Self-Checkout Systems Market By Sales Channel (Direct Channel, Indirect Channel)
- Segmentation of Global Self-Checkout Systems Market By Model Type (Cash Model Type, Cashless Model Type)
- Segmentation of Global Self-Checkout Systems Market By Application (Entertainment, Healthcare, Hospitality, Retail, Travel, Others)
- Segmentation of Global Self-Checkout Systems Market By End User (Convenience Store, Hospitality, Hypermarkets & Departmental Stores, Retail, Supermarkets, Others)
- Statistical Snap of Global Self-Checkout Systems Market
- Expansion Analysis of Global Self-Checkout Systems Market
- Problems and Obstacles in Global Self-Checkout Systems Market
- Competitive View of the Global Self-Checkout Systems Market
- Impact of COVID-19 and Demonetization on Global Self-Checkout Systems Market
- Details on Current Investment in Global Self-Checkout Systems Market
- Competitive Analysis of Global Self-Checkout Systems Market
- Key Market Players in the Global Self-Checkout Systems Market
- SWOT Analysis of Global Self-Checkout Systems Market
- Global Self-Checkout Systems Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Self-Checkout Systems Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Self-Checkout Systems Market, By Type, 2019-2032 (USD Million)
6.1. Fixed
6.2. Mobile-Based
7. Global Self-Checkout Systems Market, By Mounting Type, 2019-2032 (USD Million)
7.1. Mobile
7.2. Stand-Alone Mounting Type
7.3. Wall-Mounting & Countertop Mounting Type
8. Global Self-Checkout Systems Market, By Sales Channel, 2019-2032 (USD Million)
8.1. Direct Channel
8.2. Indirect Channel
9. Global Self-Checkout Systems Market, By Model Type, 2019-2032 (USD Million)
9.1. Cash Model Type
9.2. Cashless Model Type
10. Global Self-Checkout Systems Market, By Application, 2019-2032 (USD Million)
10.1 Entertainment
10.2 Healthcare
10.3 Hospitality
10.4 Retail
10.5 Travel
10.6 Others
11. Global Self-Checkout Systems Market, By End User, 2019-2032 (USD Million)
11.1 Convenience Store
11.2 Hospitality
11.3 Hypermarkets & Departmental Stores
11.4 Retail
11.5 Supermarkets
11.6 Others
12. Global Self-Checkout Systems Market, By Region, 2019-2032 (USD Million)
12.1 North America
12.1.1 United States
12.1.2 Canada
12.1.3 Mexico
12.2 Europe
12.2.1 Germany
12.2.2 United Kingdom
12.2.3 France
12.2.4 Italy
12.2.5 Spain
12.2.6 Rest of Europe
12.3 Asia-Pacific
12.3.1 China
12.3.2 Japan
12.3.3 India
12.3.4 Australia
12.3.5 South Korea
12.3.6 Rest of Asia-Pacific
12.4 South America
12.4.1 Brazil
12.4.2 Argentina
12.4.3 Rest of South America
12.5 Middle East & Africa
12.5.1 Kingdom of Saudi Arabia
12.5.2 United Arab Emirates
12.5.3 Rest of Middle East & Africa
13. Company Profiles
13.1 Diebold Nixdorf Incorporated
13.1.1 Company details
13.1.2 Financial outlook
13.1.3 Product summary
13.1.4 Recent developments
13.2 Digimarc Corporation
13.2.1 Company details
13.2.2 Financial outlook
13.2.3 Product summary
13.2.4 Recent developments
13.3 ECR Software Corporation
13.3.1 Company details
13.3.2 Financial outlook
13.3.3 Product summary
13.3.4 Recent developments
13.4 Erply
13.4.1 Company details
13.4.2 Financial outlook
13.4.3 Product summary
13.4.4 Recent developments
13.5 Fujitsu Ltd.
13.5.1 Company details
13.5.2 Financial outlook
13.5.3 Product summary
13.5.4 Recent developments
13.6 Gilbarco Inc.
13.6.1 Company details
13.6.2 Financial outlook
13.6.3 Product summary
13.6.4 Recent developments
13.7 IBM Corporation
13.7.1 Company details
13.7.2 Financial outlook
13.7.3 Product summary
13.7.4 Recent developments
13.8 IER Inc.
13.8.1 Company details
13.8.2 Financial outlook
13.8.3 Product summary
13.8.4 Recent developments
13.9 ITAB Group
13.9.1 Company details
13.9.2 Financial outlook
13.9.3 Product summary
13.9.4 Recent developments
13.10 NCR Corporation
13.10.1 Company details
13.10.2 Financial outlook
13.10.3 Product summary
13.10.4 Recent developments
13.11 Olea Kiosks Inc.
13.11.1 Company details
13.11.2 Financial outlook
13.11.3 Product summary
13.11.4 Recent developments
13.12 Pan-Oston
13.12.1 Company details
13.12.2 Financial outlook
13.12.3 Product summary
13.12.4 Recent developments
13.13 PCMS Group Ltd.
13.13.1 Company details
13.13.2 Financial outlook
13.13.3 Product summary
13.13.4 Recent developments
13.14 Qingdao CCL Technology Co. Ltd.
13.14.1 Company details
13.14.2 Financial outlook
13.14.3 Product summary
13.14.4 Recent developments
13.15 Qingdao Histone Intelligent Commercial System Co. Ltd.
13.15.1 Company details
13.15.2 Financial outlook
13.15.3 Product summary
13.15.4 Recent developments
13.16 Qingdao Wintec System Co. Ltd.
13.16.1 Company details
13.16.2 Financial outlook
13.16.3 Product summary
13.16.4 Recent developments
13.17 Scandit Inc.
13.17.1 Company details
13.17.2 Financial outlook
13.17.3 Product summary
13.17.4 Recent developments
13.18 ShelfX, Inc.
13.18.1 Company details
13.18.2 Financial outlook
13.18.3 Product summary
13.18.4 Recent developments
13.19 Slabb Inc.
13.19.1 Company details
13.19.2 Financial outlook
13.19.3 Product summary
13.19.4 Recent developments
13.20 StrongPoint
13.20.1 Company details
13.20.2 Financial outlook
13.20.3 Product summary
13.20.4 Recent developments
13.21 Toshiba Global Commerce Solutions
13.21.1 Company details
13.21.2 Financial outlook
13.21.3 Product summary
13.21.4 Recent developments