Self-checkout desks are becoming more commonplace as more retailers look for a way to enhance the payment and shopping experience of their customers.
In fact, new research suggests that the global self-checkout systems market size could be worth $7.8bn by 2027. Grand View Research’s report projected that this would mean a compound annual growth rate of 13.3% during the forecast period.
“The growing need to enhance the retail shopping experience coupled with the number of customers with medium-size shopping carts is driving the adoption of self-checkout systems,” the researchers said.
They made the estimates based on the new shopping patterns of customers, with many shoppers opting for smaller baskets and showing a preference for automatic payment solutions.
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