Global Retail Self-scanning Solutions Market 2018-2022

Overview of the global retail self-scanning solutions market

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.

Want to know what goes into a Technavio report? Get a FREE Sample to see selected illustrations and analysis straight from this report.

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.

Companies covered

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

• Datalogic
• Diebold Nixdorf
• KONVERGENCE (KWallet)
• Re-Vision
• ZIH (Zebra Technologies)

Get more value with Technavio’s INSIGHTS subscription platform! Gain easy access to all Technavio’s reports, along with on-demand services. Try the demo.

Segmentation by end-user and analysis of the retail self-scanning solutions market

• Hypermarkets, supermarkets, convenience stores, and clubhouse stores
• Other stores such as specialty stores, department stores, drugstores, and duty-free retail stores.

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.

Segmentation by geography and analysis of the retail self-scanning solutions market

• Americas
• APAC
• EMEA

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.

Key questions answered in the report include

• What will the retail self-scanning solutions market size and the growth rate be in 2022?
• What are the key factors driving the global retail self-scanning solutions market?
• What are the key retail self-scanning solutions market trends impacting the growth?
• What are the challenges to the retail self-scanning solutions market growth?
• Who are the key vendors in the global retail self-scanning solutions market?
• What are the market opportunities and threats faced by the vendors in the global retail self-scanning solutions market?
• What are the trending factors influencing the retail self-scanning solutions market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global retail self-scanning solutions market?

Technavio also offers customization on reports based on specific client requirement.