Global Self-Checkout Terminals Market 2015-2019 - Market to 2016-31 Market Size, Growth, and Forecasts in Nearly 80 Countries
"Global
Self-Checkout Terminals Market 2015-2019"
The Report covers current Market Trends, Analysis, Forecast, Review,
Share, Size, Growth, Effect.
Description-
Market
outlook of the self-checkout terminals market
Technavios
market research analyst projects the global self-checkout terminals
market to grow at a tremendous rate of 16% during the forecast
period. The rising demand from the retail industry is driving the
growth of this market. For instance, during 2013, Wal-Mart installed
10,000 self-checkout terminals in the US. Emerging economies such as
India and China, are witnessing rapid growth in the number of modern
retail formats that is expected to fuel the growth of the
self-checkout terminals market.
Emerging
technology trends such as NFC is expected to chance the way customers
operate the self-checkout terminals during the forecast period. Using
NFC technology, customers can make transactions without touching the
self-checkout system in the store and would facilitate easier and
faster checkout.
Segmentation
by end users and analysis of the global self-checkout terminals
market
Retail
Financial
services
Entertainment
Travel
Healthcare
The
retail industry dominated the global self-checkout terminals market
accounting for around 61% of the market share during 2014.
Self-checkout terminals have enabled retail vendors to modify their
product offerings by making use of the customer data.
Geographical
segmentation and analysis of the global self-checkout terminals
market
Americas
APAC
Europe
MEA
The
Americas accounted for around 45% of the market shares during 2014.
The growth and expansion of retail stores such as Wal-Mart, Kroger,
and Safeway across the globe have propelled the demand for
self-checkout terminals. NCR and Wincor Nixdorf are the most
successful vendor in the Americas.
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