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AI-Powered Checkout Market 2020 COVID-19 Impact and Global Analysis by Grabango, Mashgin, Pensa Systems, Standard Cognition, Trigo

08-25-2020 03:49 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

AI-powered checkout enabling autonomous checkout with modern AI-powered computer vision platform for brick & mortar retailers. AI-powered checkout uses cameras and image recognition to track what people pick up and ring up all the items people take off shelves. By implementation of this solution, customers can walk in, pick-up what they need, and leave without stopping to scan and pay or waiting in line. It automatically bills customers as they leave the store. Increasing advancement in technology and growing acceptance of the autonomous system is driving the growth of the AI-powered checkout market.

AI-Powered Checkout Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component (Solution, Services); End-user (Departmental Store, Supermarket, Hypermarket, Others) and Geography

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Top Emerging Brands in AI-Powered Checkout Market are-
- Accel Robotics Corporation
- AiFi Inc.
- Caper Inc.
- Focal Systems Inc.
- Grabango Co.
- Mashgin, Inc.
- Pensa Systems
- Standard Cognition, Corp.
- Trigo
- Zippin

AI-powered checkout provides various benefits such as can be quickly and easily installed, reduce the queue line in the shops, and reduce labor costs, improve the customer experience, and improve profit margins. Thereby, increasing acceptance of AI-powered checkout which triggering the growth of the AI-powered checkout market. Further, growing digitalization in the retail stores coupled with the increase in the number of retail stores, supermarkets, hypermarkets across the globe provides a lucrative opportunity for the market player of the AI-powered checkout market.

The "Global AI-Powered Checkout Market Analysis to 2027" is a specialized and in-depth study of the AI-powered checkout industry with a special focus on the global market trend analysis. The report aims to provide an overview AI-powered checkout market with detailed market segmentation as component, end-user, and geography. The global AI-powered checkout market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading AI-powered checkout market players and offers key trends and opportunities in the AI-powered checkout market.

The global AI-powered checkout market is segmented on the basis of component, end-user. On the basis of component the market is segmented as solution, services. On the basis of end-user the market is segmented as departmental store, supermarket, hypermarket, others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global AI-powered checkout market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The AI-powered checkout market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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