Latin America Self Checkout Systems Market Size & Outlook

The self checkout systems market in Latin America is expected to reach a projected revenue of US$ 158.5 million by 2030. A compound annual growth rate of 13.8% is expected of Latin America self checkout systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$64.1
Forecast, 2030 (US$M)
$158.5
CAGR, 2024 - 2030
13.8%
Report Coverage
Latin America

Latin America self checkout systems market highlights

  • The Latin America self checkout systems market generated a revenue of USD 64.1 million in 2023.
  • The market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
  • In terms of segment, systems was the largest revenue generating components in 2023.
  • Services is the most lucrative components segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 64.1 million
Market revenue in 2030USD 158.5 million
Growth rate13.8% (CAGR from 2023 to 2030)
Largest segmentSystems
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSystems, Services
Key market players worldwideNCR Corporation, Diebold Nixdorf Inc Ordinary Shares- New, Fujitsu Ltd, Gilbarco Veeder Root, MetroClick, TOSHIBA TEC CORPORATION, Toshiba Tec Corp ADR, ITAB Shop Concept, Strongpoint, Grafterr


Other key industry trends

  • In terms of revenue, Latin America region accounted for 1.5% of the global self checkout systems market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,860.7 million by 2030.

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Self Checkout Systems Market Companies

Name Profile # Employees HQ Website

Latin America self checkout systems market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to self checkout systems market will help companies and investors design strategic landscapes.


Systems was the largest segment with a revenue share of 56.63% in 2023. Horizon Databook has segmented the Latin America self checkout systems market based on systems, services covering the revenue growth of each sub-segment from 2018 to 2030.


The increasing demand for self-checkout systems in Latin America is attributed to the changing consumer purchasing patterns and the increasing volume of digital payments. In addition, the region has a growing base of SMBs and micro-merchants and an increased retail customer base.

Technological advancements are allowing businesses to link disparate systems with the organizations’ CRM and other business solutions. End users can also manage their inventory and revenue streams more effectively through such innovations in the region

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America self checkout systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America self checkout systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America self checkout systems market size, by country, 2018-2030 (US$M)

Latin America Self Checkout Systems Market Outlook Share, 2023 & 2030 (US$M)

Latin America self checkout systems market size, by country, 2018-2030 (US$M)

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