Self-Checkout Kiosk Market Significant Growth By Key Players 2023: NCR, Fujitsu, NEC, Toshiba, Pan-Oston, and Wincor Nixdorf. Other prominent players in the industry include Versatile Credit, OLEA Kiosks, and PourMyBeer

Market Overview: -

Global self-checkout kiosk market to be valued at over USD 18 billion by 2023. Increasing demand for these devices from the retail industry is anticipated to drive industry growth over the forecast period.

Surging integration of near field communication (NFC) technology in these machines is likely to change the way of operations. This technology enables customers in having touch-free transactions which in turn is anticipated to positively impact the self-checkout kiosk market size.

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Top Key Players: -

Key industry partners accumulating substantial self-checkout kiosk market share include NCR, Fujitsu, NEC, Toshiba, Pan-Oston, and Wincor Nixdorf. Other prominent players in the industry include Versatile Credit, OLEA Kiosks, and PourMyBeer.
Market share calculation in this report is not done based on companies covered in it. The calculation of managed Self-Checkout Kiosk Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

U.S. self-checkout kiosk market size is likely to continue its dominance over the forecast period. Proliferation of numerous retail stores such as Kroger, Safeway, and Wal-Mart are estimated to drive the demand over the forecast period. Latin America market is expected to witness attractive growth prospects from 2016 to 2023.

Asia Pacific self-checkout kiosk market share is predicted to witness significant growth. Rapid growth in modern retail formats from emerging economies such as China and India is predicted to propel the market demand over next seven years.

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Attributes such as faster transaction and easy check-out offered by these machines is projected to escalate the self checkout systems market demand over the next few years. In addition, it also assists in eliminating long queues at the retail stores. This is likely to prove beneficial for outlets with space constraints, as six self check-out systems can be installed instead of a single traditional checkout systems.

Kiosks can also be used to collect consumer related data that can assist retailers in modifying their service according to customer needs. Self-service systems are now becoming part of numerous retail formats such as department stores, specialty retailers, and small convenience stores.Travel sector contributed around 11% of the overall industry share in 2015. Machines in this sector are deployed at bus terminals, airports, subways and train stations. It helps travelers in cutting down check-in times as well as enables airlines in reducing labor cost. Furthermore, application of multi-service kiosks for self-boarding and self-bag drop and services in aviation segment are expected to drive the demand for self-service kiosks. This sector is projected to make high investment in kiosks over the next seven years.

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