As per the report by Fortune Business Insights, the global self-checkout system market size is projected to reach USD 13.98 billion in 2030, at a CAGR of 16.2% during the forecast period, 2023-2030
Pune, India, June 20, 2023 (GLOBE NEWSWIRE) -- According to Fortune Business Insights, global self-checkout system market size was valued at USD 4.23 billion in 2022 and is projected to grow from USD 4.88 billion in 2023 to USD 13.98 billion by 2030, exhibiting a CAGR of 16.2% during the forecast period.
Customers can complete their payment transactions at retailers without staff assistance using a self-checkout system. They offer fast payments, reduced waiting time, flexibility, reliability, usability, and scalability. To monitor effective performance, businesses are using self-checkout systems in work environments. Fortune Business Insights presents this information in their report titled "Global Self-Checkout System Market Forecast, 2023–2030."
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Key Industry Development:
January 2023: Toshiba and a biometric fintech company, PopID, partnered, intending to integrate PopPay into the company’s front-end POS and self-service solutions. As a part of this partnership, the company distributes these solutions to restaurants, convenience stores (C-store), grocery quick service restaurants (QSR), and other retail segments.
Key Takeaways
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Self-checkout system market size in North America was USD 1.88 Billion in 2022
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Increasing Demand from Convenience Stores Propels Fixed Checkout System’s Growth
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Retailer’s Rising Automation Necessities to Bolster Self-Checkout Solutions
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Growing Use of SCO Systems by the Hospitality Sector to Aid Retail Segment Growth
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Large Retail Chains’ Adoption of SCO Systems to Drive Direct Segment Growth
Discover the Leading Players Featured in the Report:
“Companies leading the global self-checkout system market are Toshiba Global Commerce Solutions (U.S.), NCR Corporation (U.S.), Diebold Nixdorf, Incorporated (U.S.), Qingdao Histone Intelligent Commercial System Co. Ltd. (Shiji Group) (China), Qingdao CCL Technology Co., Ltd. (China), Qingdao Wintec System Co., Ltd. (China), Fujitsu Limited (Japan), Erply (U.S.), ITAB Group (Sweden), Pan-Oston (U.S.)”
Report Scope & Segmentation
| Report Coverage | Details |
| Forecast Period | 2023 to 2030 |
| Forecast Period 2023 to 2030 CAGR | 16.2% |
| 2030 Value Projection | USD 13.98 Billion |
| Base Year | 2022 |
| Self-Checkout System Market Size in 2022 | USD 4.23 Billion |
| Historical Data for | 2019 to 2021 |
| No. of Pages | 160 |
| Segments covered | Component, Deployment, Type, Industry and Geography |
Browse Complete Report Details: https://www.fortunebusinessinsights.com/self-checkout-system-market-106779