Market Share of Self-checkout System Industry
The self-checkout system market is moderately competitive and is currently dominated by a few players with technological expertise. The market is expected to be moderately consolidated, with the major players holding a prominent share. The market players are focusing on expanding their customer base across foreign countries by leveraging growth strategies, such as facility expansions, partnerships, and product launches, to increase their market share and profitability.
In March 2022, BP announced the deployment of Mashgin's artificial intelligence (AI) self-checkout technology at four AMPM convenience stores as it explored options for a wider rollout. The technology will go live in Fairfield, Elk Grove, Pleasanton, and Millbrae in Northern California between April and June 2022. Mashgin's checkout system is a touchless self-checkout powered by AI and uses computer vision to scan items for purchase instantly.
Self-Checkout System Market Leaders
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Diebold Nixdorf, Inc.
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NCR Corporation
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Toshiba Global Commerce Solutions
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Pan-Oston Corporation
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Fujitsu Ltd.
*Disclaimer: Major Players sorted in no particular order
