Global Retail Self-checkout Terminals Market 2017-2021

 NEW YORK, Jan. 10, 2017 /PRNewswire/ — About Retail Self-checkout Terminals

In a retail outlet, a self-checkout terminal is a self-service transaction system that enables consumers to make payments for their purchases by themselves. The system offers convenience and privacy as it eliminates the need for a cashier or an attendant. The system includes a barcode scanner, weighing scale, touchscreen display, cash reader, card reader, and a deposit unit. The unique selling point of a self-checkout terminal is its ability to control cost by eliminating labor expense in a retail setup. In addition, as stated, speed, privacy, and convenience are other key advantages that are leading to the increased adoption of self-checkout machines on a wider scale, globally.

Technavio’s analysts forecast the global retail self-checkout terminals market to grow at a CAGR of 17.76% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global retail self-checkout terminals market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of retail self-checkout terminals.

The market is divided into the following segments based on geography:
– Americas

Technavio’s report, Global Retail Self-checkout Terminals Market 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.

Key vendors
– Fujitsu
– Pan-Oston
– Toshiba TEC
– Wincor Nixdorf International

Other prominent vendors
– Diebold
– Olea Kiosks
– PourMyBeer
– Versatile Credit

Market driver
– Conversion of checkout lanes from assisted to self-service benefiting both consumers and customers
– For a full, detailed list, view our report

Market challenge
– High growth in online shopping and service reduces consumer traffic in offline stores
– For a full, detailed list, view our report

Market trend
– Rise in demand for customized self-checkout terminals
– For a full, detailed list, view our report

Key questions answered in this report
– What will the market size be in 2020 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?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Read the full report:

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