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It has been observed that the number of retail outlets is increasing around the world. In addition, the adoption of modern retail formats is increasing in various counties in APAC such as India and China. This is resulting in an increased preference for self-scanning solutions, especially in the retail industry. For instance, Delvit Solutions launched a mobile application, Perpule 1Pay, which enables shoppers to add products to their shopping list after self-scanning the barcodes of products. Research analysis on the global retail self-scanning solutions market identifies that the growth in the retail industry will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that the retail self-scanning solutions market will grow at a CAGR of close to 19% by 2022.
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The adoption of retail self-checkout systems helps retailers serve more consumers by providing alternative checkout points. It also benefits consumers as they don’t have to wait in the long queues for checkouts and save their time. This is propelling the demand for self-service checkout terminals or applications during peak sales seasons and high influx of consumers. The growing focus on providing enhanced shopping experience for consumers is identified as one of the key retail self checkout systems trends that will gain traction in the retail self-scanning solutions market during the projected period.
The retail self-scanning solutions market is characterized by the presence of few vendors. The market research report provides analysis of key companies of the market and the strategies they follow to sustain in the competitive environment of the self-checkout systems market. The report also offers information about various research and developmental activities the players focus on to come up with innovative solutions.
This research report provides an analysis of various companies in the market including
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The adoption of retail self-scanning devices and applications is high in hypermarkets, supermarkets, convenience stores, and clubhouse stores. As a result, the number of stores with self-checkout is increasing. This will drive the growth prospects for the retail self-scanning solutions market in this segment for the next four years.
In terms of geography, the self-checkout systems market is witnessing growth in EMEA due to the presence of major retailers such as Tesco.com and Carrefour that have installed self-scanning solutions.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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