Key vendors to strategically increase their sales through pro shops retail format
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global electronic cash register market in their latest research report. This report also lists nine other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for electronic cash registers is characterized by intense competition. Vendors are trying to upgrade their technologies to remain competitive in the market. For instance, Toshiba Global Commerce Solutions, Toshiba America Business Solutions, and Toshiba TEC demonstrated various retail solutions during the National Retail Federation’s Big Show in January 2015. The competition from substitutes is becoming more intense as some of the leading retail and hospitality centers are adopting card payment services.
According to Sunil Kumar Singh, a lead analyst at Technavio for research on computing devices, “The market is currently experiencing a rise in the number of M&As. SMEs in the market are being acquired by larger players. For instance, in July 2016, Fujitsu acquired TrueNet Communications, which is a US-based network service provider. The acquisition was aimed at expanding Fujitsu Network Communications.”
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Top five vendors in the electronic cash register market space
Toshiba
Toshiba is one of the top 100 world’s largest companies. Toshiba owns a range of Toshiba TEC ECRs. All the products offer quality, reliability, and low cost of ownership. The devices are used across a wide variety of retail and food service environments. They are designed for small-scale general retail and hospitality environments.
Key products: MA-600 and SPS-500.
Sharp
Sharp mainly manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components. The company offers a wide range of products that include electronic components. Sharp offers various ECR models that help in reducing operator errors. The company also offers memory cards and locking cash drawers.
Key products: XE-A101, XE-A107, XE-A207, XE-A22H, XE-A402, and XE-A407.
CASIO
CASIO is a multinational consumer and commercial electronics manufacturing company. It offers products such as cash registers and handheld terminals. The company offers ECRs that feature LCD displays, different back-light colors, printers, and compact flash cards for data backup and recovery.
Key products: SE-G1, SE-S700, PCR-T273, PCR-T500, SE-S10, and SE-S400.
Dell
Dell develops, sells, repairs, and supports computers with related products and services. In 2003, Dell entered the ECR market targeting the retail segment. The company entered the ECR market with its new products as low-cost alternatives to expensive POS systems. Its products connected retail desktops, servers, storage, and networked products. Its products include desktops, flat panel or CRT displays (with standard or touchscreen features), keyboards, scanners, and cash drawers.
Key products: APG Cash Drawer.
Olivetti
Olivetti manufactures various products that include printers, calculators, POS touchscreens, cash registers, and retail printers. It also provides services to its customers. In the retail segment, the company offers POS touchscreens, cash registers, and retail printers. It provides cash registers with high performance, delivering advanced ergonomics and innovations.
Key products: Nettun@7000 open, Nettun@7000 int’l, Nettun@3000 int’l, ECR 8220S, and ECR 8200S.
A more detailed analysis is available in the Technavio report, Global Electronic Cash Register Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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