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Global Electronic Cash Register Market 2017-2021

Global Electronic Cash Register Market 2017-2021

About Electronic Cash Register

An electronic cash register is a part of a POS system. It is an electronic device used for registering and calculating transactions at a POS.

Technavio’s analysts forecast the global electronic cash register market to grow at a CAGR of 8.48% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electronic cash register market for 2017-2021. To calculate the market size, the report considers the unit shipments of ECRs in various end-user segments. They also include the revenue generated depending on the ASP calculated by various vendors. It excludes the shipment of POS terminals.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electronic Cash Register Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Toshiba
  • Sharp
  • CASIO
  • Dell
  • Olivetti
Other prominent vendors
  • Citaq
  • Forbes Technosys
  • Fujitsu
  • Guangzhou Zonerich Business Machine
  • Hewlett-Packard
  • NCR
  • Posiflex Technology
  • Shinheung Precision
  • Wincor Nixdorf
Market driver
  • Low cost of ECRs
  • For a full, detailed list, view our report
Market challenge
  • Growing number of online transactions
  • For a full, detailed list, view our report
Market trend
  • Growing use of NFC-enabled mobile devices
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Electronic Cash Register Market 2017-2021

Technavio recognizes the following companies as the key players in the global electronic cash register market: Toshiba, Sharp, CASIO, Dell, and Olivetti.

Other Prominent Vendors in the market are: Citaq, Forbes Technosys, Fujitsu, Guangzhou Zonerich Business Machine, Hewlett-Packard, NCR, Posiflex Technology, Shinheung Precision, and Wincor Nixdorf.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing use of NFC-enabled mobile devices. The ECR market growth is affected by negative trends in the market such as the increasing use of smart devices, including smartwatches, smart wristbands, and smartphones, that have NFC capabilities.”

According to the report, one of the major drivers for this market is low cost of ECRs. ECRs offer several benefits to businesses such as tracking customers' transactions, maintaining databases of goods, and speeding checkout times. ECRs are easy to use and help in accurately tracking transactions. Some ECRs are available for a low cost and yet have improvised functions such as checking product prices, recording sales, calculating bills and change, and printing customer receipts.

Further, the report states that one of the major factors hindering the growth of this market is growing number of online transactions. E-commerce is spread across more than 100 economies worldwide. This is mainly because of the increased trade opportunities in various regions. Online shopping has gained high popularity, leading to the increased number of online transactions. Many users find online transactions convenient and safe as banks provide high security for online transactions. With banks providing high levels of security, the majority of the B2B transactions are done using Internet banking. Large enterprises in the manufacturing, production, service and maintenance, and government sectors use Internet banking instead of ECRs. Therefore, vendors in the market cannot target many enterprises that are in the B2B sector.



Companies Mentioned

Toshiba, Sharp, CASIO, Dell, Olivetti, Citaq, Forbes Technosys, Fujitsu, Guangzhou Zonerich Business Machine, Hewlett-Packard, NCR, Posiflex Technology, Shinheung Precision, and Wincor Nixdorf.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global ECR market: Overview
      • Table Global ECR market 2016-2021
      • Table Global ECR market 2016-2021 (millions of units)
      • Table Global ECR market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global ECR market by type
      • Table Types of ECR
      • Table Global ECR market by type 2016-2021 (% revenue share)
    • Global ECR market by standard ECRs
      • Table Global ECR market by standard ECRs 2016-2021 ($ billions)
    • Global ECR market by checkouts/POS systems
      • Table Global ECR market by checkouts/POS systems 2016-2021 ($ billions)
    • Global ECR market by self-service ECRs
      • Table Global ECR market by self-service ECRs 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Global ECR market by end-user
      • Table Global ECR market by end-user 2016 (% revenue share)
      • Table Global ECR market by end-user 2016-2021 (% revenue share)
    • Global ECR market in retail segment
      • Table Global ECR market in retail segment 2016-2021 ($ billions)
      • Table Global ECR market in retail segment 2016 (% revenue share)
    • Global ECR market in hospitality segment
      • Table Global ECR market in hospitality segment 2016-2021 ($ billions)
  • Market segmentation by geography
    • Global ECR market by geography
      • Table Global ECR market by geography 2016-2021 (% revenue share)
    • ECR market in APAC
      • Table ECR market in APAC 2016-2021 ($ billions)
    • ECR market in EMEA
      • Table ECR market in EMEA 2016-2021 ($ billions)
    • ECR market in Americas
      • Table ECR market in Americas 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Share of MSMEs by major countries or regions 2016 (% share)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Payment transaction methods used by consumers globally 2016 and 2021
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Growing use of NFC-enabled mobile devices
      • Table Number of mobile devices with NFC 2016-2021 (millions of units)
    • ECRs with SD card support
    • Use of GPRS and server cloud-enabled ECRs
  • Vendor landscape
    • Competitive scenario
    • Toshiba
    • Sharp
    • CASIO
    • Dell
    • Olivetti
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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