Top 5 Vendors for Retail Self-checkout Terminals until 2021, by Technavio

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 retail self-checkout terminals market in their latest research report. This report also lists five other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.

Competitive vendor landscape

The global retail self-checkout terminals market is characterized by the presence of a limited number of players. Leading vendors operating in this market compete on the basis of product differentiation, pricing, product portfolios, and value-added services. The global market for retail self-checkout terminals is projected to experience significant growth during the forecast period owing to the upsurge in the demand for faster checkout and enhanced convenience.

According to Poonam Saini, a lead analyst at Technavio for research on retail systems, “Advancements in technology make it possible for customers to access information available at self-checkout terminals on their mobile devices. Customers can also see a virtual self-checkout terminal on their mobile devices, which will have the same interface as a physical device. This technology will help in reducing the number of physical kiosks in retail outlets and increase the use of virtual self-checkout systems.”

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Top five vendors in the retail self-checkout terminals market space

Fujitsu

Fujitsu is an information and communication technology (ICT) company based in Japan. It offers technology products, solutions, and services for personal computers (PCs), mobiles, electronic components, and system and network platforms. Italso provides solutions for different industrial and technology sectors such as automotive, healthcare, financial, retail, telecommunications, biometrics, smart network technology, and technical computing. The company operates in over 100 countries in EMEA, APAC, and the Americas.

Key products: U-Scan Genesis, Genesis Mini-SCO, U-Scan Genesis II, and Fujitsu Impulse.

NCR

NCR provides solutions for customers in a variety of industries including financial services, hospitality, retail, travel and telecommunications, and technology. In FY2015, the company reported net revenue of more than USD 6 billion and invested USD 230 million in R&D. The company holds 1,450 patents in the US and several other patents in other countries.

Key products: NCR Fastlane SelfServ Checkout, NCR Fastlane SelfServ Checkout Convertible, NCR SelfServ Checkout Express, NCR SelfServ Checkout Cash Tender Module, NCR SelfServ Checkout, and NCR SelfServ Checkout Express Convertible.

Pan-Oston

Pan-Oston mainly undertakes the designing, manufacturing, and integration of smart front-end solutions. It also provides a wide range of merchandising fixtures and retail fixtures and products. Pan-Oston operates as a subsidiary of Houchens Industries. It owns manufacturing facilities and warehousing space of over 540,000 square feet. Some of its customers include Thrifty Car Rental, Walmart, Chevron, B&R Stores, Super Saver, Kohl’s, and Quizno’s.

Key products: Utopia EZ Self-Checkout, Utopia Modular Self-Checkout Series, Utopia Innovation Lane Self-Checkout, and Utopia Self-Checkout Attendant Stations.

Toshiba TEC

Toshiba TEC offers printing solutions, original design manufacturer solutions, retail solutions, and inkjet printing businesses in Japan and globally. It also offers POS systems, kiosks and displays, self-checkout systems, and system management solutions. It operates as a subsidiary of Toshiba Corporation.

Key products: Self-Checkout System 6

Wincor Nixdorf International

Wincor Nixdorf International provides IT solutions and services for the banking and retail industries. It has a presence in more than 130 countries worldwide, with its own subsidiary companies in 42 countries. The company operates its business through two segments – retail and banking.

Key products: POS Tower 50, BEETLE/iSCAN EASY SCO, POS Tower 150, and BEETLE/iSCAN EASY Hybrid.

Ask an analyst to know more about this report

A more detailed analysis is available in the Technavio report, Global Retail Self-checkout Terminals Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.

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