Product Code: 11049
The self-checkout system market valued USD 3,562.1 million in 2022, and it is projected to reach USD 9,596.7 million by 2030, witnessing a CAGR of 13.2% during 2022-2030, according to the latest market research study published by P&S Intelligence.
This development can be credited to the requirement for advancing in-store optimization, reducing labor expenses, and improving accuracy. Additionally, the snowballing inclination toward digital payments and the booming trend of self-payments are contributing to the market growth.
Systems Category Is Major Revenue Generator
The systems category is leading the market with a share of approximately 60%, credited to the rising emphasis on enhanced hardware with an easily accessible interface.
Enhanced hybrid self-checkout systems offer stronger security, intuitive customer interface, cashless transactions, multi-item scanning, and better coin dispensing systems. In this regard, the growing shift of customers toward cashless transactions is motivating vendors to install such systems.
The services category is projected to grow at the higher rate in the coming years. This is because the requirement for efficient systems to provide easy integration, convenience at the front of the store, and quicker processing is driving the demand for customization, software upgrades, installation, and training services.
Rising Preference for Digitization Boosts Cashless Category
The cashless category held the larger market share, and it is projected to progress at a CAGR of above 12% in the future. This is due to the increasing risk of burglaries and rapid shift toward digitization. Furthermore, the comfort of keeping the data of genuine transactions and the increasing acceptance of electronic payment systems are driving the market.
The mounting application of mobile phones is, in turn, allowing people to make cashless payments. As per a government website, from 24% in 2015, the number of individuals who pay in cash most of the week has fallen to 14% in 2019.
Because of Portable Nature, Mobile Models Gaining More Traction
Due to enhanced convenience and flexibility, the mobile category held the largest market share, due to the portable nature and ease of handling of such variants. Such technologies improve client experience by enabling shorter transaction times.
North America Is Largest Revenue Generator
The North American industry is dominating the market, and it is projected to gain USD 4.5 billion by the end of this decade. This can be ascribed to the quick adoption of such systems and the existence of significant players in the continent.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segment
- 1.4.1. Market size breakdown, by offering
- 1.4.2. Market size breakdown, by model type
- 1.4.3. Market size breakdown, by mounting type
- 1.4.4. Market size breakdown, by application
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Voice of Industry Experts/KOLs
Chapter 5. Market Indicators
Chapter 6. Industry Outlook
- 6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
- 6.2. Impact of COVID-19
- 6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes
Chapter 7. Global Market
- 7.1. Overview
- 7.2. Market Revenue, by Offering (2017-2030)
- 7.3. Market Revenue, by Model Type (2017-2030)
- 7.4. Market Revenue, by Mounting Type (2017-2030)
- 7.5. Market Revenue, by Application (2017-2030)
- 7.6. Market Revenue, by Region (2017-2030)
Chapter 8. North America Market
- 8.1. Overview
- 8.2. Market Revenue, by Offering (2017-2030)
- 8.3. Market Revenue, by Model Type (2017-2030)
- 8.4. Market Revenue, by Mounting Type (2017-2030)
- 8.5. Market Revenue, by Application (2017-2030)
- 8.6. Market Revenue, by Country (2017-2030)
Chapter 9. Europe Market
- 9.1. Overview
- 9.2. Market Revenue, by Offering (2017-2030)
- 9.3. Market Revenue, by Model Type (2017-2030)
- 9.4. Market Revenue, by Mounting Type (2017-2030)
- 9.5. Market Revenue, by Application (2017-2030)
- 9.6. Market Revenue, by Country (2017-2030)
Chapter 10. APAC Market
- 10.1. Overview
- 10.2. Market Revenue, by Offering (2017-2030)
- 10.3. Market Revenue, by Model Type (2017-2030)
- 10.4. Market Revenue, by Mounting Type (2017-2030)
- 10.5. Market Revenue, by Application (2017-2030)
- 10.6. Market Revenue, by Country (2017-2030)
Chapter 11. LATAM Market
- 11.1. Overview
- 11.2. Market Revenue, by Offering (2017-2030)
- 11.3. Market Revenue, by Model Type (2017-2030)
- 11.4. Market Revenue, by Mounting Type (2017-2030)
- 11.5. Market Revenue, by Application (2017-2030)
- 11.6. Market Revenue, by Country (2017-2030)
Chapter 12. MEA Market
- 12.1. Overview
- 12.2. Market Revenue, by Offering (2017-2030)
- 12.3. Market Revenue, by Model Type (2017-2030)
- 12.4. Market Revenue, by Mounting Type (2017-2030)
- 12.5. Market Revenue, by Application (2017-2030)
- 12.6. Market Revenue, by Country (2017-2030)
Chapter 13. U.S. Market
- 13.1. Overview
- 13.2. Market Revenue, by Offering (2017-2030)
- 13.3. Market Revenue, by Model Type (2017-2030)
- 13.4. Market Revenue, by Mounting Type (2017-2030)
- 13.5. Market Revenue, by Application (2017-2030)
Chapter 14. Canada Market
- 14.1. Overview
- 14.2. Market Revenue, by Offering (2017-2030)
- 14.3. Market Revenue, by Model Type (2017-2030)
- 14.4. Market Revenue, by Mounting Type (2017-2030)
- 14.5. Market Revenue, by Application (2017-2030)
Chapter 15. Germany Market
- 15.1. Overview
- 15.2. Market Revenue, by Offering (2017-2030)
- 15.3. Market Revenue, by Model Type (2017-2030)
- 15.4. Market Revenue, by Mounting Type (2017-2030)
- 15.5. Market Revenue, by Application (2017-2030)
Chapter 16. France Market
- 16.1. Overview
- 16.2. Market Revenue, by Offering (2017-2030)
- 16.3. Market Revenue, by Model Type (2017-2030)
- 16.4. Market Revenue, by Mounting Type (2017-2030)
- 16.5. Market Revenue, by Application (2017-2030)
Chapter 17. U.K. Market
- 17.1. Overview
- 17.2. Market Revenue, by Offering (2017-2030)
- 17.3. Market Revenue, by Model Type (2017-2030)
- 17.4. Market Revenue, by Mounting Type (2017-2030)
- 17.5. Market Revenue, by Application (2017-2030)
Chapter 18. Italy Market
- 18.1. Overview
- 18.2. Market Revenue, by Offering (2017-2030)
- 18.3. Market Revenue, by Model Type (2017-2030)
- 18.4. Market Revenue, by Mounting Type (2017-2030)
- 18.5. Market Revenue, by Application (2017-2030)
Chapter 19. Spain Market
- 19.1. Overview
- 19.2. Market Revenue, by Offering (2017-2030)
- 19.3. Market Revenue, by Model Type (2017-2030)
- 19.4. Market Revenue, by Mounting Type (2017-2030)
- 19.5. Market Revenue, by Application (2017-2030)
Chapter 20. Japan Market
- 20.1. Overview
- 20.2. Market Revenue, by Offering (2017-2030)
- 20.3. Market Revenue, by Model Type (2017-2030)
- 20.4. Market Revenue, by Mounting Type (2017-2030)
- 20.5. Market Revenue, by Application (2017-2030)
Chapter 21. China Market
- 21.1. Overview
- 21.2. Market Revenue, by Offering (2017-2030)
- 21.3. Market Revenue, by Model Type (2017-2030)
- 21.4. Market Revenue, by Mounting Type (2017-2030)
- 21.5. Market Revenue, by Application (2017-2030)
Chapter 22. India Market
- 22.1. Overview
- 22.2. Market Revenue, by Offering (2017-2030)
- 22.3. Market Revenue, by Model Type (2017-2030)
- 22.4. Market Revenue, by Mounting Type (2017-2030)
- 22.5. Market Revenue, by Application (2017-2030)
Chapter 23. Australia Market
- 23.1. Overview
- 23.2. Market Revenue, by Offering (2017-2030)
- 23.3. Market Revenue, by Model Type (2017-2030)
- 23.4. Market Revenue, by Mounting Type (2017-2030)
- 23.5. Market Revenue, by Application (2017-2030)
Chapter 24. South Korea Market
- 24.1. Overview
- 24.2. Market Revenue, by Offering (2017-2030)
- 24.3. Market Revenue, by Model Type (2017-2030)
- 24.4. Market Revenue, by Mounting Type (2017-2030)
- 24.5. Market Revenue, by Application (2017-2030)
Chapter 25. Brazil Market
- 25.1. Overview
- 25.2. Market Revenue, by Offering (2017-2030)
- 25.3. Market Revenue, by Model Type (2017-2030)
- 25.4. Market Revenue, by Mounting Type (2017-2030)
- 25.5. Market Revenue, by Application (2017-2030)
Chapter 26. Mexico Market
- 26.1. Overview
- 26.2. Market Revenue, by Offering (2017-2030)
- 26.3. Market Revenue, by Model Type (2017-2030)
- 26.4. Market Revenue, by Mounting Type (2017-2030)
- 26.5. Market Revenue, by Application (2017-2030)
Chapter 27. Saudi Arabia Market
- 27.1. Overview
- 27.2. Market Revenue, by Offering (2017-2030)
- 27.3. Market Revenue, by Model Type (2017-2030)
- 27.4. Market Revenue, by Mounting Type (2017-2030)
- 27.5. Market Revenue, by Application (2017-2030)
Chapter 28. South Africa Market
- 28.1. Overview
- 28.2. Market Revenue, by Offering (2017-2030)
- 28.3. Market Revenue, by Model Type (2017-2030)
- 28.4. Market Revenue, by Mounting Type (2017-2030)
- 28.5. Market Revenue, by Application (2017-2030)
Chapter 29. U.A.E. Market
- 29.1. Overview
- 29.2. Market Revenue, by Offering (2017-2030)
- 29.3. Market Revenue, by Model Type (2017-2030)
- 29.4. Market Revenue, by Mounting Type (2017-2030)
- 29.5. Market Revenue, by Application (2017-2030)
Chapter 30. Competitive Landscape
- 30.1. List of Market Players and Their Offerings
- 30.2. Competitive Benchmarking of Key Players
- 30.3. Product Benchmarking of Key Players
- 30.4. Recent Strategic Developments
Chapter 31. Company Profiles
- 31.1. Fujitsu Limited
- 31.1.1. Business overview
- 31.1.2. Product and service offerings
- 31.1.3. Key financial summary
- 31.2. Diebold Nixdorf Incorporated
- 31.2.1. Business overview
- 31.2.2. Product and service offerings
- 31.2.3. Key financial summary
- 31.3. NCR Corporation
- 31.3.1. Business overview
- 31.3.2. Product and service offerings
- 31.3.3. Key financial summary
- 31.4. Toshiba Global Commerce Solutions Inc.
- 31.4.1. Business overview
- 31.4.2. Product and service offerings
- 31.5. Pan-Oston
- 31.5.1. Business overview
- 31.5.2. Product and service offerings
- 31.6. Gilbarco Veeder-Root Company
- 31.6.1. Business overview
- 31.6.2. Product and service offerings
- 31.7. ECR Software Corporation
- 31.7.1. Business overview
- 31.7.2. Product and service offerings
- 31.8. ITAB Shop Concept AB
- 31.8.1. Business overview
- 31.8.2. Product and service offerings
- 31.8.3. Key financial summary
- 31.9. The International Business Machines Corporation
- 31.9.1. Business overview
- 31.9.2. Product and service offerings
- 31.9.3. Key financial summary
- 31.10. StrongPoint ASA
- 31.10.1. Business overview
- 31.10.2. Product and service offerings
- 31.10.3. Key financial summary
- 31.11. MetroClick Inc.
- 31.11.1. Business overview
- 31.11.2. Product and service offerings
- 31.12. Pyramid Computer GmbH
- 31.12.1. Business overview
- 31.12.2. Product and service offerings
- 31.13. ePOS HYBRID
- 31.13.1. Business overview
- 31.13.2. Product and service offerings
- 31.14. ERPLY
- 31.14.1. Business overview
- 31.14.2. Product and service offerings
- 31.15. ShelfX
- 31.15.1. Business overview
- 31.15.2. Product and service offerings
Chapter 32. Appendix
- 32.1. Abbreviations
- 32.2. Sources and References
- 32.3. Related Reports