Product Code: PM3286
The global self-checkout systems market size is expected to reach USD 13.43 billion by 2032, according to a new study by Polaris Market Research. The report "Self-checkout Systems Market Share, Size, Trends, Industry Analysis Report, By Product (Fixed and Mobile-based); By Component; By End-use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The use of AI in self-checkout systems is a growing trend that has gained significant attention in recent years. This technology has the potential to significantly reduce the need for manual intervention and can make checkout processes faster, more efficient, and more convenient for customers. For instance, Standard AI acquired Skip for an un-disclosed sum. Additionally, Mashgin hit USD 1.5 billion with AI-powered self-checkout systems. As a result, adoption of AI-based self-checkout systems among many players are accelerating the growth of global market.
The popularity of self-checkout systems is expanding rapidly as several industries like retail, healthcare, financial services, and others are evolving at a rapid pace. Greater customer satisfaction, ease of operation, and use of advanced technologies have boosted the demand for self-checkout systems. The evolution of self-checkout systems has heightened dramatically during COVID-19 due to contactless payment forms. As a result, the adoption of cashless payment methods has augmented the demand for self-checkout systems. Self-service Kiosks have also become a significant part of several organizations and businesses, which is expected to increase demand for self-checkout systems.
Furthermore, mobile self-checkout systems are gaining huge momentum in the market due to their improved flexibility and convenience.
Moreover, self-checkout systems have reduced queueing time, permitting customers to check out quickly and efficiently and enlightening the overall shopping experience. This has become increasingly vital during the pandemic as customers seek to minimize their time in stores. However, reduced demand, supply chain disruptions, changes in consumer behavior, and economic uncertainty have created challenges for the growth of the self-checkout systems market during the pandemic.
The surging demand for systems has led to the largest share in the market. This is due to the increasing adoption of the latest technologies such as artificial intelligence, image recognition, and others. It is poised that system segment is anticipated to fuel the market by the end of the forecast period. Implementation of the various business strategies by the industry participants for the development of self-checkout systems is fruitfully proliferating the market.
Self-checkout Systems Market Report Highlights
Solution component segment is anticipated to dominate the market primarily due to its strong demand among varied industry verticals
Mobile-based systems are expected to grow rapidly over the forecast period, owing to the spur in development of this product among various market leaders
Retail segment has reached at highest value in the global revenue, in 2022. This is attributed to the huge installation of the system in this industry to enhance convenience and customer satisfaction.
Asia Pacific is projected to grow at a high CAGR over the study period due to surge in technological advancements and concerned investments
The global players include: NCR Corporation, Diebold Nixdorf, and Toshiba Global Commerce Solutions
Polaris Market Research has segmented the self-checkout systems market report based on product, component, end user, and region:
Self-checkout Systems, Product Outlook (Revenue - USD Billion, 2019- 2032)
Self-checkout Systems, Component Outlook (Revenue - USD Billion, 2019- 2032)
Self-checkout Systems, End Use Outlook (Revenue - USD Billion, 2019- 2032)
- Retail
- Financial Services
- Healthcare
- Entertainment
- Travel
- Other End-user Industries
Self-checkout Systems, Regional Outlook (Revenue - USD Billion, 2019- 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Self-checkout Systems Market Insights
- 4.1. Self-checkout Systems Market - End Use Snapshot
- 4.2. Self-checkout Systems Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Technological advancements will bolster the market growth
- 4.2.1.2. Rising application of automated self-checkout systems is a major driver
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Low adoption will derail the market growth rate
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Self-checkout Systems Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Self-checkout Systems Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 5.3. Fixed
- 5.3.1. Global Self-checkout Systems Market, by Fixed, by Region, 2019-2032 (USD Billion)
- 5.4. Mobile-based
- 5.4.1. Global Self-checkout Systems Market, by Mobile-based, by Region, 2019-2032 (USD Billion)
6. Global Self-checkout Systems Market, by Component
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 6.3. Solution
- 6.3.1. Global Self-checkout Systems Market, by Solution, by Region, 2019-2032 (USD Billion)
- 6.4. Services
- 6.4.1. Global Self-checkout Systems Market, by Services, by Region, 2019-2032 (USD Billion)
7. Global Self-checkout Systems Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 7.3. Retail
- 7.3.1. Global Self-checkout Systems Market, by Retail, By Region, 2019-2032 (USD Billion)
- 7.4. Financial Services
- 7.4.1. Global Self-checkout Systems Market, by Financial Services, By Region, 2019-2032 (USD Billion)
- 7.5. Healthcare
- 7.5.1. Global Self-checkout Systems Market, by Healthcare, By Region, 2019-2032 (USD Billion)
- 7.6. Entertainment
- 7.6.1. Global Self-checkout Systems Market, by Entertainment, By Region, 2019-2032 (USD Billion)
- 7.7. Travel
- 7.7.1. Global Self-checkout Systems Market, by Travel, By Region, 2019-2032 (USD Billion)
- 7.8. Other End-use Industries
- 7.8.1. Global Self-checkout Systems Market, by Other End-use Industries, By Region, 2019-2032 (USD Billion)
8. Global Self-checkout Systems Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Self-checkout Systems Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Self-checkout Systems Market - North America
- 8.3.1. North America: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.3.2. North America: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.3.3. North America: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.3.4. Self-checkout Systems Market - U.S.
- 8.3.4.1. U.S.: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.3.5. Self-checkout Systems Market - Canada
- 8.3.5.1. Canada: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.4. Self-checkout Systems Market - Europe
- 8.4.1. Europe: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.4.4. Self-checkout Systems Market - UK
- 8.4.4.1. UK: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.4.5. Self-checkout Systems Market - France
- 8.4.5.1. France: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.4.6. Self-checkout Systems Market - Germany
- 8.4.6.1. Germany: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.4.7. Self-checkout Systems Market - Italy
- 8.4.7.1. Italy: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.4.8. Self-checkout Systems Market - Spain
- 8.4.8.1. Spain: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.4.9. Self-checkout Systems Market - Netherlands
- 8.4.9.1. Netherlands: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.4.10. Self-checkout Systems Market - Russia
- 8.4.10.1. Russia: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.5. Self-checkout Systems Market - Asia Pacific
- 8.5.1. Asia Pacific: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.5.4. Self-checkout Systems Market - China
- 8.5.4.1. China: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.5.5. Self-checkout Systems Market - India
- 8.5.5.1. India: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.5.6. Self-checkout Systems Market - Malaysia
- 8.5.6.1. Malaysia: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.5.7. Self-checkout Systems Market - Japan
- 8.5.7.1. Japan: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.5.8. Self-checkout Systems Market - Indonesia
- 8.5.8.1. Indonesia: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.5.9. Self-checkout Systems Market - South Korea
- 8.5.9.1. South Korea: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.6. Self-checkout Systems Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.6.4. Self-checkout Systems Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.6.5. Self-checkout Systems Market - UAE
- 8.6.5.1. UAE: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.6.6. Self-checkout Systems Market - Israel
- 8.6.6.1. Israel: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.6.7. Self-checkout Systems Market - South Africa
- 8.6.7.1. South Africa: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.7. Self-checkout Systems Market - Latin America
- 8.7.1. Latin America: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.7.4. Self-checkout Systems Market - Mexico
- 8.7.4.1. Mexico: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.7.5. Self-checkout Systems Market - Brazil
- 8.7.5.1. Brazil: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
- 8.7.6. Self-checkout Systems Market - Argentina
- 8.7.6.1. Argentina: Self-checkout Systems Market, by Product, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Self-checkout Systems Market, by End Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Self-checkout Systems Market, by Component, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. NCR Corporation
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Diebold Nixdorf, Incorporated
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. ECR Software Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Toshiba Global Commerce Solutions
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. ITAB Group
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. FUJITSU
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Gilbarco Inc
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Pan-Oston
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. PCMS Group Ltd.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. StrongPoint
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development