|[October 02, 2013]
Research and Markets: Global Self Checkout Terminals Market 2012-2016: With NCR Corp., Toshiba Corp. and Wincor Nixdorf AG Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/gv64wr/global_self)
has announced the addition of the "Global
Self Checkout Terminals Market 2012-2016" report to their
The analysts forecast the Global Self-checkout Terminals market to grow
at a CAGR of 15.1 percent over the period 2012-2016. One of the key
factors contributing to this market growth is the reduction in queue
size during the time of checkout. The Global Self-checkout Terminals
market has also been witnessing the evolution of small size
self-checkout terminals. However, the increased chance of theft due to
inadequate monitoring of self-checkout terminals could pose a challenge
to the growth of this market.
The key vendors dominating his space include Fujitsu Ltd., NCR Corp.,
Toshiba (News - Alert) Corp., and Wincor Nixdorf AG.
The other vendors mentioned in this report are IBM Corp. and Pan-Oston
Commenting on the report, an analyst from the team said: With the
increasing number of convenience stores, there would be an increase in
the number of stores having less store space. Hence, with advancements
in technology and development of better and smaller compact hardware,
the market is expected to witness the evolution of small sized
self-checkout terminals which would be accommodated in the limited floor
space of the retailers. In addition, the development of advanced
software would also complement the development of small products. This
in turn would increase the adoption of the self-checkout terminals among
the smaller customers in the forecast period. Therefore, evolution of
small-sized self-checkout terminals is one of the key trends which the
Global Self-checkout Terminals market is expected to witness in future.
According to the report, one of the major drivers is the need to find an
alternative to the time-consuming queue system. This can be achieved
with the deployment of self-checkout terminals. While customers enjoy
the benefit shorter or nil queues, retailers can serve more number of
customers in a day and thus gain customer loyalty.
For more information visit http://www.researchandmarkets.com/research/gv64wr/global_self
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