#Self-Checkout System Market

[chetanagp]

The global Self-Checkout Systems Market, valued at an impressive $52.88 billion in 2023, is projected to surge to $795.63 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.11%. 

[themarketinsights]

Self-Checkout Systems Market Next Big Thing | Slabb, Diebold Nixdorf, Fujitsu, Toshiba Tec, PCMS Group

Advance Market Analytics published a new research publication on “Global Self-Checkout Systems Market Insights, to 2028” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Self-Checkout Systems market was mainly driven by the increasing R&D spending across the world.

Major players profiled in the study are:

NCR Corporation (United States), Diebold Nixdorf, Inc. (United States), Fujitsu Limited (Japan), Toshiba Tec Corporation (Japan), ITAB Scanflow AB (Sweden), ECR Software Corporation (United States), Pan-Oston Co. (United States), IER SAS (France), PCMS Group PLC (United Kingdom), Slabb Inc. (United States)

Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/63309-global-self-checkout-systems-market?utm_source=OpenPR&utm_medium=Vinay

Scope of the Report of Self-Checkout Systems

Self-Checkout Systems offers a cost-effective solution for retailers and an easy-to-use alternative for consumers who want faster checkout services. These systems are used to improve customer experience by allowing them to scan their orders of any size and select a payment option to complete the purchase. The increasing number of self-checkout systems in from past few years is now becoming a common way for consumers to complete their purchases. In retail, self-checkout systems are widely used in supermarkets, mass merchants/hypermarkets, convenience stores, and home improvement stores. The increasing deployment of self-checkout systems in developing countries is expected to enhance the market growth in the forecast period.

In July 2019, Ooredoo QSC, a Qatar based international telecommunication company signed partnership agreement with NCR Corporation to deploy NCR self-service kiosks. The contract was signed 10-years with aim to help Ooredoo QSC in transforming their mobile retail stores with 150 NCR Self-Serve Kiosk.

The Global Self-Checkout Systems Market segments and Market Data Break Down are illuminated below:

by Type (Standalone, Wall Mounted & Countertop), Application (Supermarkets, Hypermarkets and Department Stores, Convenience Stores, Others), System Type (Cash-based, Cashless), Component (Hardware (Display Devices, Price Readers, Payment-Related Hardware, Weighing Scales, Others), Software, Services)

Market Opportunities:

Popularity of Self-Checkout Systems Among Retail Stores

Growth in Contactless Payments

Market Drivers:

Increasing Number of Unmanned Store Concept

Growing Supermarket Penetration

Market Trend:

Advancements in Near Field Communication (NFC) Technologies

What can be explored with the Self-Checkout Systems Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Self-Checkout Systems Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Self-Checkout Systems

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Self-Checkout Systems Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Self-Checkout Systems market

Chapter 2: Exclusive Summary – the basic information of the Self-Checkout Systems Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Self-Checkout Systems

Chapter 4: Presenting the Self-Checkout Systems Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2017-2022

Chapter 6: Evaluating the leading manufacturers of the Self-Checkout Systems market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Self-Checkout Systems Market is a valuable source of guidance for individuals and companies.

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[imr-riya]

Self-Checkout Systems Market: Global Industry Analysis and Forecast 2022 – 2028

Global Self-Checkout System Market was valued at USD 3.89 billion in 2021 and is expected to reach USD 8.13 billion by the year 2028, at a CAGR of 11.1%.

Self-checkouts (SCOs), also called assisted checkouts (ACOs) or self-service checkouts, are machines that impart a mechanism for customers to complete their transaction from a retailer without requiring a traditional staffed checkout. Successful application of a self-checkout system can transform a retailer from competitors, improve the checkout process, and attract more customers. The self-checkout system has been major to retail success for years, primarily for grocery stores and supermarkets. Still, it might be a challenge to decide what self-checkout system to choose. When comparing self-checkout systems, the main aspects that should take into account are the cost of space, their efficiency, and the customer experience they generate. Moreover, digitalization has created people mobile-friendly which resulted in the application of online payments and checkouts. Whether it's booking flight tickets or spending for food delivery, whether it's going to a movie or any other event every transaction nowadays is being done online. For instance, India is the country where maximum UPIs, wallet payments are done. Augmentation in online payment has produced new options for QR payments, UPIs, wallet payments. Additionally, key players are heavily funding in R&Ds to improvise and introduce novel products concerning financial transactions.

The research goes into detail on the elements that drive market growth, including significant opportunities, growth drivers, as well as opportunities. Furthermore, it builds on previous data and the present business environment to forecast the industry's performance from 2020 to 2025. The study includes an extensive analysis of the workings of this business industry at regional and country levels in order to assess the industry size at a global level. Further, the study literature examines the dominating actors and assesses the techniques they use to maintain their position in the competitive arena. The present and predicted impact of the Covid-19 epidemic has also been considered, with a particular focus on income-generating opportunities and techniques to deal with the shifting situation.

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Key Industry Players in Self-Checkout Systems Market:

·         IBM Corporation

·         Toshiba Global Commerce Solutions

·         365 Retail Markets

·         Advantech Co.Ltd.

·         Bayscan Technologies

·         ECR Software (ECRS) Corporation

·         Hisense Intelligent Commercial System Co. Ltd.

·         Mashgin

·         NCR Corporation

·         Shelfx Inc.

·         Pan-Oston

·         Truno Retail Technology Solutions

·         Versatile Credit Inc.

·         Olea Kiosks Inc.

·         Fujitsu Limited

·         Elastic Path Software Inc.

·         Crane Payment Innovations and ot

Self-checkout systems are automated systems deployed across retail, grocery stores, and hospitality industries to help the customer in checkout and self-order without the help of any employees. The earlier self-checkout systems included separate, off-the-shelve components and occupied a large storage area. On the contrary, the current self-checkout systems are re-engineered and manufactured as per demand to suit the store structure and improve functionalities, costs, form factors, and reliability.

Segmentation Analysis Includes,

By Type:

·         Cash

·         Cashless

By Component:

·         Systems

·         Services

By Application:

·         Supermarkets & Hypermarkets

·         Department Stores

·         Convenience Stores

·         Others

By Region:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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Table of Content:

Chapter 1: Introduction

 1.1 Research Objectives

 1.2 Research Methodology

 1.3 Research Process

 1.4 Scope and Coverage

  1.4.1 Market Definition

  1.4.2 Key Questions Answered

 1.5 Market Segmentation

Chapter 2: Executive Summary

Chapter 3: Growth Opportunities By Segment

 3.1 By Type

 3.2 By Component

 3.3 By Application

Chapter 4: Market Landscape

 4.1 Porter's Five Forces Analysis

  4.1.1 Bargaining Power of Supplier

  4.1.2 Threat of New Entrants

  4.1.3 Threat of Substitutes

  4.1.4 Competitive Rivalry

  4.1.5 Bargaining Power Among Buyers

 4.2 Industry Value Chain Analysis

 4.3 Market Dynamics

  4.3.1 Drivers

  4.3.2 Restraints

  4.3.3 Opportunities

  4.5.4 Challenges

 4.4 Pestle Analysis

 4.5 Technological Roadmap

 4.6 Regulatory Landscape

 4.7 SWOT Analysis

 4.8 Price Trend Analysis

 4.9 Patent Analysis

Continue…

Connectivity, Digitization, and data are vital factors that propel digital transformation. To enhance customer satisfaction, businesses adopt digitalization to produce new products and services. Self-checkout solutions assist customers with shopping and facilitate digital and contactless payments without needing retail staff. The adoption of cashless payment methods has increased the demand for checkout systems. These checkout systems are deployed to reduce wait time and provide an innovative shopping experience to customers. Furthermore, there is a rapid rise in electronic payment transactions globally, owing to increasing use of smartphones.

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Self-checkout systems offer various benefits including greater accuracy, reduced labor cost, and better in–store optimization. It improves the customer experience as they can be served in less time, effectively reducing long queues, and waiting periods. Market players are designing systems that are smaller in size than standard checkout terminals, allowing businesses to integrate more checkout stations in a limited area.

Related Report: -

https://introspectivemarketresearch.com/reports/point-of-sale-pos-software-market/

https://introspectivemarketresearch.com/reports/retail-point-of-sale-pos-terminals-market/

https://introspectivemarketresearch.com/reports/pos-restaurant-management-system-market/

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[market-insider]

COVID-19 Pandemic Significantly Changed The Dynamics Of Self-Checkout Systems Market

The global self-checkout systems market size is expected to reach USD 10.50 billion by 2030, according to a new study by Grand View Research Inc. It is expected to expand at a CAGR of 13.3% from 2022 to 2030. Increased demand for automation and technology advancements focused on reducing theft incidences are significant factors driving the market. Furthermore, the well-established and widespread presence of retail networks like supermarkets and hypermarkets and increasing digitalization in the market are creating lucrative opportunities for self-checkout systems.

Gain deeper insights on the market and receive your free copy with TOC now @: Self-checkout Systems Market Report

Retailers bet high on self-checkout technology primarily to reduce costs in hiring staff. Although retailers save considerably by cutting labor costs, they are still incurring losses due to customer thefts. Shoplifting incidences have witnessed an uptick in recent times, contributing to revenue loss. In light of this, self-checkout tech vendors and retailers are collaborating to introduce solutions such as video surveillance or security cameras that alert the staff if theft occurs. Implementing personal identification on mobile apps is another way by which retailers can reduce thefts. For example, Salling Group in Denmark uses nemID, a unique personal identification number in the country that users are required to register with this ID or some other personal identity while installing mobile apps that enable scan-n-go shopping.

Currently, retail consumers demand and desire their shopping experience to be in control, convenient, and secure. Due to this, the end-users demand self-service solutions increasingly. Additionally, with the growing demand for personalized and private shopping, retailers are adopting self-checkout systems or self-service checkout to attract shoppers to the brands more effectively. For instance, FUJITSU’s subsidiary, Fujitsu Frontech North America Inc., introduced “U-Scan Mini Express.” The new system used RFID technology to allow shoppers to scan their products quickly and easily. The new system automatically scanned the products placed in the basket within seconds without having to remove them individually.

The COVID-19 pandemic has significantly changed the dynamics of self-checkout systems. A temporary shutdown in stores, transportation, and production owing to government restrictions for controlling the spread of COVID-19 negatively impacted the market growth for a short period. However, the market is expected to witness growth with the reopening of transportation and manufacturing activities. In 2020, a change in the retail store format was observed worldwide due to the changing consumer attitude toward e-commerce or online shopping and increasing competition.

[kervl-klear]

💥 For Yuseong

💥 - A witch has turned your OC into a militaristic vehicle. What vehicle would that be?

…………………………………………………

Huchu and Yuseong sneaked into a mysterious storage in the middle of nowhere. There were a raised of terrorism on the eastern part of nation C and C2ISTAR was hired to find out where did these terrorists get money to fund their activities. Angae’s sleeper reported that the group is self sustained through some form of business and Noeu found some traces of underground transactions on private water vessel in the high sea which Beagcha confirmed to be a common practice between illegal goods dealers.

Orenji had identified the location of congest activities through surveillance by air and Seoltang analyzed the photos. They found that there’s one particular isolated storage clearly under a camouflage attempts with interesting security measures and so the scientists duo are dispatched to identified the chemical compounds hidden in that storage.

Huchu and Yuseong are now inside, it’s full of cardboard boxes stacked upon each other. Huchu swiftly cut one of the boxes open to take a look, a bunch of brown glass bottles are arranged inside but what caught Huchu’s attention is their caps.

Huchu: “It’s cough syrups”

Yuseong: “But if this is what they sold, why be so secretive and suspicious?”

Huchu: “Probably because they are not selling these for medical use, to simplified; cough is a respond to an irritation in your throat where the brain tells muscles in your chest to push the air out of your lungs. This resulted from the stimulated nerves sending a message to your brain and cough syrup suppressed that function”

Yuseong: “Wait, so all allergy pills directly suppress your nerves system?”

Yuseong frowned at the horrifying implication toward the current allergy treatment and how many MDD patient have history of allergy pills usage due to some form of chronic allergy but then he beam other sunny smile.

Yuseong: “That’s so cool!”

Huchu doesn’t know what to make of Yuseong’s reaction.

Huchu: “Yeah…..we call them antihistamines. When mixed with the right NSAID in the right amount, you can creat a handmade drug that are a lot cheaper than heroin or amphetamine”

Huchu prays that this will not give Yuseong any weird ide-

Yuseong: “That gives me an idea”

Huchu sighed, now he has to ask Seoltang to kindly re-indoctrinate Yuseong again.

Huchu: “Yuseong, NO”

Yuseong: “But-But a food that prevented body from getting Ghrelin is really interesting, it could be use as a cure for some case of obesity and eating disorders! We can get a funds for this research by advertising to the executives that these are food that make soldiers unable to feel hungry no matter how little nutrition they have, it will sell well and all we need are antihistamine that bind to H-2 receptors-“

Before Yuseong could accidentally invent other market of people’s right violation. They hear a sound of shatter glass followed by a small thud, like someone had collapsed. They took a second to quickly check on each other before deciding the next move; should they move toward or away from the sound?

The scientists duo are way too curious to considered their options and just immediately go to checkout where the sound came from because SCIENCE.

They found one of the terrorists collapse on the ground alone next to one of the open box and a shattered cough syrup bottle, no blood, no injuries.

Despite the risk, Huchu reach out to check on this terrorist. Looking at the skin beneath his fur, it’s somewhat yellow. Indicating that his liver has difficulty functioning, the heart is okay and the breathing is normal. Huchu dig into the terrorist’s pocket to check if he has chronic illness or is taking any medication which he found a small package of Naproxen. This lead to Huchu checking the terrorist pupils which appear to be expanded, having a theory in his mind he lean in and smell the leftover substance in terrorist’s mouth to confirm his diagnosis.

Huchu: “It’s a case of overdose. Unlike Ibuprofen, Naproxen last longer in your blood so it is harder for your body to clean it off and so it is easier to get an overdose once diluted in cough syrup that are designed to be easily absorbed”

Huchu slowly inserted a tube through his patient’s throat, careful to not trigger a gag reflex. Through it, he feed terrorist some activated charcoal to absorb as much Naproxen and Dextromethorphan as possible.

Huchu reach into his pocket for Acetylcysteine, but he found that the bottle is empty. It appears he accidentally took a used bottle with him…either that or Angae wasn’t seeing correctly when he help Huchu pack the supplies.

Huchu: "He needs a liver transplant, I will let him borrow my liver for a bit. Let’s see if his body is compatible with mine"

Huchu unbutton his uniform, prepare to open his skin and dug a tube into his Portal vein and Hepatic artery but Yuseong stop him.

Yuseong: "No! You already trade your liver and kidneys off a couple of times this year not counting when you replace the broken blood-pumpimg machine with your heart! You can’t always resort to these kind of method!"

Yuseong shakingly squeeze Huchu's hand but then suddenly, Yuseong lighten up and he wags his tail somewhat excitingly. Huchu is clearly startled by the sudden shift of expression.

Yuseong: “You just need Acetylcysteine right? Can you tell me its chemical formula?”

Huchu: “…..C5H9NO3S…..?”

Yuseong: “Okay, so it’s Cyclopentyl radical, Nitrate and Sulfur”

Yuseong start to look around. He goes to the open box and took the foam piece that keeps the cough syrup bottles in place. These foam are called polystyrene foam. The blowing agent use for these foam is Pentane which has the chemical formula of C5H12, only a couple of Hydrogen atoms away from Cyclopentyl radical.

Yuseong then took terrorist’s gun on the floor then took a couple of bullet. Sulfur can be found in gunpowder, and lastly Nitrates can be extracted from Potassium nitrate which can also be found in the gunpowder.

Having all main ingredients, Yuseong start constructing his portable miniature chamber. He make this chamber a while back and he always carried it with him, it cannot breakdown every atomic bound at will like the life size one but removing 3 hydrogen atoms and extracting Nitrate from potassium nitrate is not beyond it capabilities.

Although atomic physics is not Huchu’s specialty, he does recognize the procedure to take a while and so injected Beta blocker into his patients to keep his heart BPM as low as it will allows him to live so that Naproxen and Dextromethorphan spread at slower rate.

After a while of breaking some atomic bounds as well as rearranging molecular structure, the liver detoxification chemical is done.

Huchu injected Acetylcysteine into his patients followed by Epinephrine to return his heart BPM to normal rate.

The overdosed person woke up, dazed at first but then jolt up trying to get away from Yuseong like a pilot spotting SAM.

Yuseong on the other hand is smiling brightly. This is the first time anyone he cannot recognize had a specific reaction to him. It gives Yuseong a lot of hope, so much so that his knees are on the floor. May be this overdosed person knows who he was, a first lead to finding his daughter.

Yuseong beam his sunniest smile to the stranger and quickly crawl to him while speaking excitingly.

Yuseong: “Greetings mister, my name is Yuseong! I suspected myself of having one daughter and that I committed arson with the intention of robbery, do tell me if you recognize my name or appearance-“

Ignoring Yuseong, Huchu slowly and carefully approach his patient.

Huchu: “Shhh… it’s okay, I’m here to help. I will not let anyone hurt you…”

The overdosed stranger pointed at Yuseong and yell that a Mobile CBRN laboratory is chasing him.

This prompted Huchu to forcefully grab the overdosed terrorist by his collar and shone some light into his corneas.

Huchu: “Ah, He’s still high. Probably hallucinating but at least he would probably survive now if we leave him alone”

However, Huchu didn’t let go of the guy’s collar.

Huchu: “Right..?”

He look deep into his patient’s eyes….who doesn’t exactly seeing correctly and is slowly slipping away from Huchu’s hand because he’s still high-

Huchu: “You think you can get away and go ingest unhealthy stuff again?? NOT A CHANCE, you are my patient now you hear me?! I didn’t spend-….Yuseong, how long does it take us to treat this guy?”

Yuseong: “……about 2 hours?”

Huchu: “2 HOURS of sweat and effort so I can let you out to die in the outside world like the other soldiers I’ve treated!!”

The terrorist attempted to get away from Huchu who legit is just trying to kidnap the man at this point, but Huchu gripped strength is too strong, and the guy got slap in the face by Huchu.

Huchu: “SToP ResISTINg mEDicAL HeLP”

Guess the ‘I won’t let anyone hurt you’ part didn’t include Huchu himself-

Huchu carried the terrorist over his shoulder.

Huchu: “You will never lay eyes on cough syrup or NSAID ever again! You will live with ALT of 34 U/L, AST of 32 U/L, ALP of 92 U/L, Albumin of 4 g/dL, total protein of 8 g/dL, Bilirubin of 1.0 milligram, GGT of 30 U/L, LD of 175 U/L and PT of 10 seconds until you are 65 at minimum!“

Yuseong pick the rifle on the floor up then approach Huchu.

Yuseong: “Hu, I know you are concerned but wouldn’t it cause problems if they realized that one of them went missing”

Yuseong spoke with nurturing empathy.

Yuseong: “Also if his liver actually manages to reach these values then I think his liver will become a world record statistical anomaly”

Just when they are about to leave, a couple of footsteps can be heard. A big group of terrorists surrounded the duo with guns.

But then the terrorists hold their gun up. They stare at Huchu and Yuseong and oddly that's all they do, no one shoot or charge at neither of them which really confused the scientists duo.

Yuseong: “Wait could it be…”

Yuseong’s light up into the sunniest smile.

Yuseong: “…because we save their comrade..?”

Suddenly their earpiece buzzed and Angae speak through it.

Angae: “Huchu, Yuseong, what’s going on? I got the report from my sleeper about the situation but how did things lead to that?”

Huchu: "It appears they refused to do harm to us because we save one of their friends"

Although he knows that Angae cannot see him, Yuseong still do a little nod while smiling.

Angae went quiet for a second.

Angae: “That doesn’t quite alight with what I received, my agent said there’s a hostage situation in the storage”

Yuseong, Huchu and the overdosed terrorist look at each other then at the other terrorists who surrounded them.

Huchu: “…..Who’s the hostage..?”

Angae: “The leader of this terrorist group?”

Huchu and Yuseong look at the overdosed terrorist who is still a little high.

Angae: “Wait a minute….You two didn’t-“

Huchu furiously stole the rifle from Yuseong and smacked the terrorist leader head with the handle.

Huchu: “YOu SOld tHis ShiT So YoU KnOw iT’s bAD bUt YOu STiLl InGEsT It-”

…………………………………………………

I considered going with YuSAM joke at first but my conscious say no.

Thank you for your patience in the TFC circuit and thank you for tuning into my frequency. 32G1, RWY CLR. 🛫✨

[hyperlexichypatia]

I want to talk about two arguments that get made, often by the same people, against the use of automated self-service machines, e.g. grocery store self-checkouts, and why I think they’re misguided. One is the basic Luddite argument “They’re taking away jobs.” Yes. Mechanization and automation has, does, and will continue to take away from the labor market’s demand for manual laborers to do those now-automated or mechanized jobs. In most cases, those jobs did not pay a living wage in the first place. This is not an argument against mechanization or automation; it’s an argument for radical restructuring of economic systems. There is no reason that a person should have to spend 8 or more hours a day doing a task that a machine could do in exchange for barely enough resources to survive on, simply because we have decided that people need “a job” to access any resources (but not enough). Seize the means of production and demand a universal guaranteed income for everyone. But okay, that’s boring. Lots of people are talking about that. I want to talk about the other argument people make: that people shouldn’t be expected to scan their own groceries, pump their own gas, pour their own drinks, or otherwise do tasks that they’re accustomed to having employees do for them, because “I don’t work here and it’s not my job.” This one is often spun as progressive and “sticking it to corporations,” even though the underlying sentiment is “I deserve to have an underpaid servant wait on me.” If we are ever going to build an economically just society that doesn’t involve desperately poor people forming an overworked, underpaid service class, people have got to give up this idea that they deserve to be waited on. The revolution will have to involve a lot more of people doing basic things for themselves and a lot fewer service industry employees. Of course, there is still a need for service employees. Many machines and interfaces are not universally accessible, so disabled people and others may need human assistance, while we continue to push for full universal design and accessibility of all technology. And of course, machines break down, need maintenance, etc. But people have got to get rid of their desire to be waited on, and they have got to stop hiding behind “What about the ELDERLY and the DISABLED” to make their desire to be waited on sound progressive.

[chaosnoirjpg]

i'm a bit late to this, but, life.

What is consciousness?

Consciousness is a state of awareness or perception of one's thoughts, feelings, and surroundings. It is the subjective experience of being alive and aware of one's own existence and surroundings. Consciousness is believed to be created by the workings of the brain, though the exact nature and origin of consciousness remains a topic of debate among scientists and philosophers. Consciousness can include a wide range of experiences, such as thoughts, emotions, sensations, and perceptions, and is an essential aspect of what makes us human.

Can a human give AI consciousness?

No, consciousness is a complex phenomenon that is not yet fully understood and it is not possible to create or give consciousness to artificial intelligence. AI systems can perform tasks and make decisions based on algorithms and data, but they do not have emotions, self-awareness, or the subjective experiences that define human consciousness.

You are a conscious being. Do you remember who bestowed you with consciousness?

more on robots and ai tranforming professions:

Over the past few decades, advancements in technology and automation have led to the replacement of many jobs that were once performed by humans. Here are some professions that have been replaced by robots or other forms of automation:

Factory workers: Many manufacturing jobs, such as assembly line work, have been automated with the use of robots.

Bank tellers: With the rise of online banking and ATMs, the need for human bank tellers has decreased.

Data entry workers: The use of Optical Character Recognition (OCR) technology has made it possible to automate data entry tasks.

Customer service representatives: The use of chatbots and other forms of Artificial Intelligence (AI) has made it possible to automate customer service tasks.

Farmers: The use of drones and other agricultural technology has made it possible to automate certain farming tasks, such as planting and harvesting.

Cashiers: Self-checkout machines have replaced many human cashiers in retail stores.

Telemarketers: The use of robocalls and other automated marketing techniques has made it possible to automate telemarketing tasks.

Mail carriers: With the rise of email and digital communication, the need for human mail carriers has decreased.

Warehouse workers: The use of robots and automation has made it possible to automate certain tasks, such as sorting and packing.

Toll booth operators: With the rise of electronic toll collection systems, the need for human toll booth operators has decreased.

Travel agents: The availability of online travel booking services has reduced the need for human travel agents.

Newspaper delivery workers: The decline of print media has led to a decrease in the need for human newspaper delivery workers.

Security guards: The use of surveillance cameras and other forms of technology has made it possible to automate certain security tasks.

Librarians: With the rise of online databases and digital books, the need for human librarians has decreased.

Receptionists: The use of automated phone systems and other forms of technology has reduced the need for human receptionists in some settings.

Fast food workers: The use of self-service kiosks and automated cooking equipment has led to a decrease in the need for human fast food workers.

and many more.

Technology advances are natural occurrence and will not render the human touch in all profession.

[latestmarketresearchreportsblog]

Edge AI Software Market set for robust growth: Expected to rise from USD 1.0 billion in 2023 to USD 4.5 billion by 2030 at a CAGR of 31.2%

Edge AI Software Market: Rapid Growth and Future Trends

The Edge AI Software Market is witnessing a significant surge, projected to grow from USD 1.0 billion in 2023 to USD 4.5 billion by 2030, at an impressive CAGR of 31.2% during the forecast period. This growth reflects a rising demand for edge computing solutions that integrate artificial intelligence (AI) directly into devices, enabling faster processing, reduced latency, and improved data security. This article explores the key drivers, trends, challenges, and future outlook of the Edge AI Software market.

Understanding Edge AI Software

Edge AI refers to the deployment of artificial intelligence algorithms and models at the edge of a network, closer to the source of data generation, rather than relying on centralized cloud-based solutions. This approach enables real-time data processing on devices like smartphones, IoT devices, autonomous vehicles, and industrial machinery, making operations more efficient and responsive.

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Market Drivers

The growth of the Edge AI Software market is fueled by several key factors:

1. Increasing Demand for Real-Time Data Processing

In applications like autonomous vehicles, smart cities, and industrial automation, real-time decision-making is crucial. Traditional cloud-based AI solutions can suffer from latency issues, which can be detrimental in time-sensitive situations. Edge AI addresses this challenge by processing data locally, enabling instant analysis and response.

2. Rising Adoption of IoT Devices

The proliferation of Internet of Things (IoT) devices has led to a massive increase in the amount of data generated. Edge AI helps manage this data efficiently by processing it locally on the device rather than transmitting it to a remote server. This reduces bandwidth usage and enhances the speed and reliability of IoT applications.

3. Enhanced Data Privacy and Security

With increasing concerns over data privacy and security, Edge AI offers a significant advantage by keeping sensitive data closer to its source. This minimizes the need to transmit large amounts of data over networks, reducing the risk of data breaches and enhancing user privacy.

4. Growth in AI-Driven Applications

From predictive maintenance in manufacturing to personalized user experiences in mobile applications, the demand for AI-driven solutions is on the rise. Edge AI enables these applications to function efficiently by providing low-latency, high-speed processing capabilities directly on the device.

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Key Market Segments

The Edge AI Software market can be segmented based on component, application, industry vertical, and region.

1. By Component

Software Development Kits (SDKs): Provide tools for developers to build and deploy AI models at the edge.

Inference Engines: Used for executing AI models on edge devices, optimizing performance, and enabling real-time decision-making.

AI Platforms: Offer comprehensive solutions for deploying, managing, and monitoring AI models across edge devices.

2. By Application

Autonomous Vehicles: Edge AI is critical for enabling real-time decision-making in self-driving cars, enhancing safety and navigation.

Smart Cities: Utilizes Edge AI for traffic management, surveillance, and smart infrastructure, improving urban efficiency and sustainability.

Healthcare: Supports applications like remote patient monitoring and diagnostic tools, providing instant analysis of medical data.

Retail: Enhances customer experiences through personalized recommendations and smart checkout systems powered by Edge AI.

3. By Industry Vertical

Manufacturing: Leverages Edge AI for predictive maintenance, quality control, and process optimization.

Telecommunications: Uses Edge AI to manage network traffic, optimize bandwidth, and enhance service quality.

Consumer Electronics: Integrates Edge AI in devices like smartphones, smart speakers, and wearables for enhanced user experiences.

Emerging Trends in the Edge AI Software Market

As the Edge AI market continues to expand, several trends are shaping its development:

1. Integration with 5G Technology

The rollout of 5G networks is expected to boost the adoption of Edge AI by enabling faster and more reliable connectivity. With lower latency and higher bandwidth, 5G can enhance the performance of edge devices, making real-time AI processing even more effective.

2. Growth of TinyML

TinyML refers to deploying machine learning models on low-power, resource-constrained devices like microcontrollers and sensors. This trend is gaining traction as it enables AI capabilities on small, battery-operated devices, expanding the reach of Edge AI across various applications, from wearable tech to smart home devices.

3. Increased Focus on Edge AI for Industrial IoT

The Industrial Internet of Things (IIoT) is one of the fastest-growing segments for Edge AI, with applications ranging from predictive maintenance to process automation. By processing data at the edge, manufacturers can make real-time adjustments to equipment, reducing downtime and enhancing operational efficiency.

4. Advancements in AI Chipsets

Developments in specialized AI chipsets designed for edge computing are driving market growth. These chips are optimized for running AI models locally, offering improved performance, energy efficiency, and speed compared to general-purpose processors. Companies like NVIDIA, Intel, and Qualcomm are leading this innovation, providing powerful hardware solutions for edge applications.

Challenges in the Edge AI Software Market

Despite its promising growth, the Edge AI Software market faces several challenges:

1. High Implementation Costs

The initial costs of deploying Edge AI solutions, including specialized hardware, software, and development, can be high. This may deter small and medium-sized enterprises (SMEs) from adopting Edge AI technologies.

2. Limited Processing Power on Edge Devices

Edge devices often have limited computational power and storage capacity compared to centralized cloud servers. Running complex AI models on these devices can be challenging, requiring optimization techniques and efficient model design.

3. Data Security and Privacy Concerns

While Edge AI reduces the need for data transmission, it still faces challenges related to local data storage and processing. Ensuring the security of sensitive information on edge devices is a critical concern, especially in sectors like healthcare and finance.

4. Integration with Legacy Systems

Many industries, particularly in manufacturing and utilities, rely on legacy systems that may not be compatible with modern Edge AI solutions. Integrating Edge AI into existing infrastructure can be complex and costly, requiring significant updates and modifications.

Future Outlook of the Edge AI Software Market

The future of the Edge AI Software market looks promising, driven by advancements in AI, IoT, and connectivity technologies. Key factors shaping the market's future include:

1. Expansion of AI Capabilities

As AI models become more sophisticated, the ability to deploy advanced algorithms at the edge will improve, enabling new and innovative applications across industries.

2. Growing Investments in Edge Computing

The increasing investments in edge computing infrastructure by major tech companies and cloud service providers are expected to accelerate the adoption of Edge AI solutions, enhancing their accessibility and affordability.

3. Rise of Edge AI in Smart Devices

The demand for smart devices with AI capabilities, such as voice assistants, smart cameras, and wearable tech, is expected to drive the growth of the Edge AI market, providing users with enhanced, personalized experiences.

FAQs

1. What is Edge AI Software? Edge AI Software enables AI algorithms to run directly on edge devices, allowing for real-time data processing without relying on centralized cloud servers.

2. Which industries benefit most from Edge AI? Industries like manufacturing, healthcare, retail, and telecommunications are among the biggest beneficiaries of Edge AI due to its real-time processing capabilities.

3. What are the main challenges in the Edge AI market? High implementation costs, limited processing power on edge devices, and data security concerns are some of the key challenges in the Edge AI market.

4. How does 5G technology impact Edge AI? The rollout of 5G networks enhances Edge AI by providing faster, low-latency connectivity, which improves the performance of edge devices and enables real-time decision-making.

5. What are the future trends in Edge AI? Emerging trends include the integration of TinyML, advancements in AI chipsets, and the increasing adoption of Edge AI in industrial IoT and smart devices.

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[tracetassetmanagment]

Discover Why ListAny Is the Best Choice for Website Development

In today’s digital-first world, having a professional and well-designed website is essential for any business. With an overwhelming number of web development platforms and agencies available, it can be difficult to find a partner that understands your unique needs and delivers exceptional results. Enter ListAny, a standout ecommerce solution provider website development solution tailored to help businesses of all sizes establish a strong online presence. Here’s why ListAny should be at the top of your list for website development.

The ultimate features of Listany Are:

Catalouge Management:

ListAny’s ecommerce solution provider offers a comprehensive platform for businesses looking to build, manage, and scale their online catalog with ease. With ListAny, you can create detailed product catalogs that showcase items beautifully and intuitively, helping customers find exactly what they’re looking for. The platform supports multiple product categories, customizable item descriptions, and high-quality image galleries, giving your products the attention they deserve. Additionally, ListAny provides robust inventory management tools, secure checkout options, and seamless payment integrations, enabling a smooth shopping experience from start to finish. Ideal for businesses of all sizes, ListAny’s e-commerce catalog solutions are designed to make online selling efficient and engaging.

Themes Management:

ListAny’s ecommerce solution provider excels in themes management, offering a wide range of professionally designed templates that are fully customizable to fit your brand’s style. With ListAny, businesses can choose from an extensive theme library, tailored specifically for e-commerce functionality, ensuring your store is visually appealing and optimized for user experience. Each theme is designed with responsive layouts, making your site look great on desktops, tablets, and mobile devices. Additionally, ListAny provides tools for easy theme adjustments, allowing you to modify colors, fonts, and layouts without any coding required. This flexibility in themes management enables e-commerce businesses to create a unique, branded online storefront that attracts and retains customers.

Promotions Management:

ListAny’s e-commerce solution offers robust tools for promotions management, helping businesses attract customers and drive sales through customizable and strategic promotions. With ListAny, you can easily set up a variety of promotional campaigns, including discount codes, seasonal sales, and bundled offers, all designed to increase conversion rates and enhance customer engagement. The platform allows you to schedule promotions in advance, target specific customer segments, and track the performance of each campaign through detailed analytics. By integrating these promotions seamlessly into your online store, ListAny ensures that your customers experience a smooth, enticing shopping journey while maximizing your marketing efforts.

User Management:

ListAny’s ecommerce solution provider offers a robust user management system designed to simplify account handling and enhance the customer experience. With ListAny, administrators can easily create and manage user roles, assign permissions, and organize users based on roles or departments. This ensures that employees, partners, and managers have access only to the features they need, maintaining security and streamlining workflows. Customers also benefit from an intuitive, self-service account system where they can manage their profiles, track orders, and access support seamlessly. ListAny’s user management tools allow e-commerce businesses to personalize user interactions and improve overall site efficiency, creating a better experience for everyone involved.

Are you ready to take your online presence to the next level? Now’s the time to experience the power of ListAny for yourself. With affordable pricing plans that cater to different budgets, ListAny the ecommerce solution provider makes professional web development accessible to everyone. Start building the website your business deserves today and set yourself apart in a crowded digital landscape.

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[loki-zen]

The various comments on the many notes of this post suggest that it may be less universal than id been led to believe (and this goes double for calling it ghost reading, Vs doing something equivalent and calling it something else), but no, not a public libraries thing.

Very nearly all libraries exist within some broader organisation, such as a university, school, hospital, or whatever. In my country organisations which have a library are overwhelmingly at least partially publicly funded or else they are charities, YMMV - this is mostly relevant because those sorts of places tend to have a lot of scrutiny on their spending and tend to handle that bureaucratically, but there's no real reason this would be less likely to apply at a profit-driven org.

This parent organisation typically controls the library's budget to some extent, and creates pressure on the library to provide some sort of evidence that it's getting value for money out of the funding it gives the library. Even beyond the financial side of things, good collection management does mean that you endeavour not to buy a lot of stuff that sits there on the shelf not getting used.

But how do you know what's being used?

A very low-tech solution is to check the stamps in the front of the book. However, this is cumbersome (have to physically get and examine each book to get its usage data) and inexact - loads of places now have self-checkout systems that don't result in books getting stamped. So normally these days we'd go off data automatically generated by the library management software, which counts checkouts.

But if you're a reference library, a university library, anywhere with study space and at least some huge not very portable reference books, there's probably a good deal of usage of books that goes on that's entirely contained within the library space. So, you need some way of counting that too, in order to justify continuing to buy those big reference books (or in order to know which of them you ought to buy the new edition of).

TL;DR - if anything, it's more of a reference libraries thing

On an unrelated note for library marketing stuff I took a picture of the skeleton recently that was posed to make it look like she was taking a selfie; I'd totally post it if it wouldn't completely dox me

nearly all libraries have a ghost, but medical libraries frequently have a ghost and a skeleton

[shrutijadhav2139]

Self Service Kiosks Market Growth Analysis by Value & Volume: Insights on Key Trends and Industry Forecasts

The self-service kiosks market is experiencing substantial growth, driven by advancements in technology and increasing demand for convenient, user-friendly customer service solutions. From retail and transportation to healthcare and hospitality, self-service kiosks are transforming how businesses engage with customers. This article provides a comprehensive growth analysis of the self-service kiosks market by value and volume, examining key trends and offering insights into industry forecasts for the coming years.

Key Growth Drivers in the Self-Service Kiosks Market

Several factors are propelling the growth of self-service kiosks, including:

Enhanced Customer Experience: Self-service kiosks streamline interactions, reducing wait times and enabling customers to complete transactions independently. With user-friendly interfaces and personalized options, kiosks improve the customer experience, increasing satisfaction and loyalty across various sectors.

Cost-Effectiveness for Businesses: Kiosks reduce operational costs by minimizing the need for human staff, particularly for repetitive tasks like order-taking and payment processing. Businesses, especially in retail and food services, find kiosks to be a cost-efficient way to handle high volumes of transactions while also maintaining quality service.

Technological Advancements: Recent innovations in touchscreen technology, artificial intelligence (AI), and the Internet of Things (IoT) are transforming self-service kiosks into versatile tools capable of complex tasks. Facial recognition, voice assistance, and cashless payment options have enhanced kiosks’ functionality, making them adaptable for various industries.

Rise of Contactless Interactions: The COVID-19 pandemic accelerated the adoption of contactless solutions, and self-service kiosks have been at the forefront. With options for touchless interactions, QR code scanning, and contactless payment, kiosks cater to the growing demand for hygienic customer service options.

Market Growth by Value and Volume

The self-service kiosks market is expanding both in value and volume. Market research indicates a compound annual growth rate (CAGR) of approximately 10–15% over the next five years, with notable growth in emerging economies where technology infrastructure is rapidly improving. The market’s value growth is attributed to the increasing sophistication of kiosk systems, which now incorporate high-end software, durable hardware, and AI-based features. In terms of volume, more businesses are deploying kiosks, contributing to a higher unit count across global markets.

Key Industry Segments and Applications

Retail: Kiosks in retail facilitate faster checkouts, in-store ordering, and personalized recommendations. Self-checkout and digital catalog kiosks are becoming standard in stores, enhancing customer convenience and operational efficiency.

Healthcare: In healthcare settings, kiosks streamline patient check-in, appointment scheduling, and prescription refills, reducing the administrative burden on staff and ensuring a smooth patient experience.

Transportation: From ticketing and check-in at airports to ticket vending in public transit, kiosks have become essential for managing large passenger volumes efficiently. The transportation segment is projected to experience significant growth in the coming years.

Hospitality: Self-service kiosks in hotels enable quick check-in/check-out processes, allowing guests to avoid waiting in line. Similarly, food-service kiosks are revolutionizing quick-service restaurants by offering customizable, interactive menus.

Future Trends and Industry Forecasts

Looking ahead, the self-service kiosks market is likely to see continued growth as companies prioritize digital transformation and automation. Innovations in AI and machine learning are expected to make kiosks even smarter, allowing for more sophisticated customer interactions and data-driven insights. Additionally, the expansion of 5G networks will enhance kiosk connectivity, enabling real-time updates and support for complex applications.

By 2030, the self-service kiosks market is anticipated to be a dominant component of customer service infrastructure worldwide, helping businesses improve efficiency, reduce costs, and meet evolving consumer expectations. As technology advances, self-service kiosks will continue to redefine customer engagement and offer a competitive advantage to companies across various sectors.

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[ankitblogs0709]

Organized Retail Market Overview: Growth Factors and Future Trends (2023-2032)

The global demand for Organized Retails was valued at USD 12.5 Million in 2022 and is expected to reach USD 23.1Million in 2030, growing at a CAGR of 8.00% between 2023 and 2030.

Organized retail refers to structured retail chains and stores that operate under strict regulatory and business standards, contrasting with traditional, unorganized retail formats like local markets and small, independent stores. This sector includes supermarkets, hypermarkets, department stores, shopping malls, and brand-exclusive outlets that offer a standardized shopping experience with a wide range of products under one roof. Organized retail is characterized by modern infrastructure, efficient supply chain management, and the use of technology in inventory management, customer service, and payment systems. These retailers benefit from economies of scale, consistent quality, and branding that create a reliable shopping experience for consumers. The organized retail sector has grown significantly in recent years, driven by rising disposable incomes, urbanization, and changing consumer preferences towards convenience, product variety, and quality. Additionally, the sector is increasingly adopting e-commerce and omnichannel approaches to cater to digital-savvy consumers who seek both in-store and online shopping options. The rise of organized retail is transforming the retail landscape, contributing to economic growth and creating more standardized, accessible retail options for consumers worldwide.

The organized retail market offers several growth opportunities, driven by changing consumer preferences, technological advancements, and evolving retail formats. Key opportunities include:

Expansion of Omnichannel Retailing: With the rise of e-commerce, organized retailers have the opportunity to adopt omnichannel strategies, combining online and offline shopping experiences to reach customers through multiple channels, offering seamless integration between digital and physical stores.

Growth in Tier II and Tier III Cities: Organized retail penetration in smaller cities and towns presents a significant growth opportunity. As disposable incomes and urbanization rates rise in these areas, demand for organized retail formats with wider product assortments and standardized experiences is growing.

Increasing Demand for Private Labels: Organized retailers are expanding private label offerings, allowing them to provide quality products at competitive prices. Private labels can enhance profitability and brand loyalty, especially in categories like groceries, household goods, and apparel.

Adoption of Data Analytics and AI: Leveraging data analytics and AI can improve inventory management, personalize marketing, and enhance customer service. Organized retailers can use these technologies to better understand consumer preferences, optimize product assortment, and predict trends, thus improving operational efficiency.

Focus on Sustainability and Eco-Friendly Practices: With growing environmental awareness, consumers prefer brands that adopt sustainable practices. Organized retailers can create opportunities by sourcing eco-friendly products, reducing plastic use, and incorporating green practices, appealing to environmentally conscious consumers.

Integration of In-Store Technology: Technologies like self-checkout systems, digital payment options, and in-store kiosks offer organized retailers opportunities to improve the customer experience by enhancing convenience, reducing wait times, and creating an interactive shopping environment.

Expanding into Specialty and Niche Markets: Organized retailers can target niche segments such as organic foods, health and wellness products, and premium home goods to capture specific consumer interests, creating a competitive edge in specialized categories.

Rise of Experiential Retail: The trend toward experience-driven retail provides an opportunity to transform stores into lifestyle spaces with cafes, live events, and interactive displays, enhancing customer engagement and differentiating organized retailers from traditional stores.

Adoption of Loyalty Programs: By implementing effective loyalty programs, organized retailers can build long-term customer relationships, increase repeat purchases, and gather valuable data to further personalize marketing efforts and enhance customer satisfaction.

Collaborations with Local Brands and Artisans: Partnering with local brands or artisans can provide organized retailers with unique, locally sourced products that cater to the growing demand for authenticity and support of local businesses, enhancing their appeal.

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Key Players

Apple

Alibaba

Amazon

eBay

Flipkart(Walmart)

Future Group

Landmark Group

Pantaloons Retail

Reliance Retail

Shoppers Stop

Spencer?s Retail

Tata Group

Adidas

Ethos

Nike

Puma

Zivame

Costco

The organized retail market varies significantly across regions, influenced by consumer behavior, economic conditions, infrastructure development, and regulatory environments. Here are key regional insights:

North America: North America, particularly the United States, has a mature and highly competitive organized retail market with established players in segments like supermarkets, department stores, and specialty retail. The market is marked by advanced digital integration, with a strong focus on e-commerce and omnichannel retailing. Consumer demand for convenience, sustainability, and personalization drives innovation in areas like automated checkouts, loyalty programs, and same-day delivery. In Canada, organized retail also thrives, although smaller in scale, with a focus on regional expansion and adapting to digital trends.

Europe: Europe’s organized retail market is diverse, with strong players in Western Europe (e.g., the U.K., Germany, and France) and rapidly growing markets in Eastern Europe. Western Europe’s market is highly developed, with a focus on sustainability, local sourcing, and experiential retail. High demand for eco-friendly products and responsible sourcing has led to a shift toward green retail practices. In Eastern Europe, rising disposable incomes and urbanization fuel growth in organized retail, with more consumers turning to supermarkets, hypermarkets, and specialty stores. Regulatory compliance across the European Union adds complexity, especially around environmental and labor standards.

Asia-Pacific: The Asia-Pacific region is experiencing rapid expansion in organized retail, driven by urbanization, a large consumer base, and increasing disposable income, especially in China, India, Japan, and Southeast Asia. In China, the rise of tech-savvy consumers and e-commerce giants like Alibaba has accelerated the adoption of digital and omnichannel retail, blending online and offline experiences. India’s organized retail market is expanding as consumers increasingly prefer shopping at supermarkets and branded outlets. Southeast Asian countries, such as Thailand, Indonesia, and Vietnam, are emerging markets with significant growth potential, driven by a young population and urbanization.

Latin America: Organized retail is growing in Latin America, especially in countries like Brazil, Mexico, and Chile, supported by economic development and urban expansion. While traditional retail formats still dominate, organized retail is gaining popularity in urban areas where consumers seek convenience, quality, and variety. Brazil has a significant number of large supermarket chains, while Mexico’s proximity to the U.S. influences trends in organized retail formats. However, economic instability and fluctuating disposable incomes in the region can impact retail spending patterns.

Middle East and Africa (MEA): The MEA region presents a growing organized retail market, with Gulf Cooperation Council (GCC) countries, such as the UAE and Saudi Arabia, leading the way. Driven by high disposable incomes and tourism, organized retail in these countries is marked by luxury malls, high-end stores, and large-scale supermarkets. The region is also seeing increasing adoption of e-commerce, as digital infrastructure improves and consumer preferences shift. In Africa, South Africa has the most developed organized retail market, with expanding supermarkets and retail chains catering to the middle class. However, the organized retail market in other parts of Africa is still in the early stages, with a shift from traditional to organized formats as economies develop.

These regional insights highlight the diverse growth drivers, consumer preferences, and challenges faced by the organized retail market, underscoring how each region’s unique dynamics shape the retail landscape.

Segmentation

By Retail Formats:

Hypermarkets and Supermarkets

Department Stores

Specialty Stores

Discount Stores

By Verticals and Categories:

Food and Grocery Retail

Apparel and Fashion Retail

Electronics and Appliances Retail

Home Improvement and Furnishings

Health and Beauty Retail

Brick-and-Click Retailers

By Consumer Electronics and Appliances Retail:

Electronics Superstores

Specialized Electronics Chains

By Specialty Retailers:

Sporting Goods Stores

Bookstores

Home Improvement Chains

By Organized Grocery Retail:

Supermarket Chains

Specialized Grocery Chains

By Fashion and Apparel Retail:

Fast Fashion Chains

Luxury Retailers

By Private Label Brands:

Retailer-Owned Brands

By Technology Integration:

Retail Tech

Contactless Payment

By Sustainability and Ethical Retail:

Green Practices

Ethical Sourcing

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[doctorfoxrabbit]

The problem isn't the tool, it's the ones weilding it. AI cannot do jack shit without being told to and the ones currently using it in studios are trying to make human beings redundant. Amoral scabs are just as dangerous, even if they are slightly more expensive.

We live in a system where your survival is dependent on your output and the boujouise like it that way. They like that they can replace writers with the much cheaper AI, and practical effects teams with the much cheaper CGI and checkout clerks with self service. All of these things are useful but they are being used as weapons against the people.

Do not give them a cent, and that includes free marketing! You talk about a single one of these potential shows and you are leading the sheep directly to the slaughterhouse. Even if you don't pay for it, your neighbours with less scruples will when you tell them you liked it. Full boycott of any shows created during the strike, whether by scabs or AI.

Just so we're all on the same page with the writer's strike.

If during the strike, it's announced about AI generated shows. We are not watching them. Not even out of curiosity. Let them fail every AI generated show they try make.

The human voice can not be replaced by AI. Don't let them try.

[wondersoftpos]

The Growing Role of AI in Retail POS Applications

Listen Now(.mp3) - Growing Role of AI

1. Personalized Customer Experiences

One of the most significant ways AI enhances Retail POS Software systems is by personalizing the customer experience. AI analyzes customer data such as purchase history, preferences, and browsing behavior to make personalized recommendations at checkout. For instance, AI can suggest complementary products or services based on the items in a customer’s cart, helping to increase sales through upselling and cross-selling strategies.

Additionally, AI-powered POS systems can provide tailored promotions or discounts for loyal customers, improving customer retention. This personalized approach not only enhances the shopping experience but also builds stronger relationships between retailers and customers.

2. Predictive Inventory Management

Managing inventory is one of the most complex challenges in retail. Overstocking or understocking products can lead to lost sales or wasted resources. AI-integrated POS systems can help retailers overcome this by predicting future demand with a high degree of accuracy. By analyzing historical sales data, market trends, and seasonal fluctuations, AI can determine optimal stock levels and ensure that popular items are always available when needed.

AI-driven POS systems can also help retailers make smarter decisions regarding product pricing and promotions, based on real-time data and customer purchasing patterns.

3. Fraud Detection and Security

AI enhances POS security by identifying unusual patterns that may indicate fraud. For example, if a transaction deviates from a customer’s usual purchasing behavior, AI can flag the transaction for further review. This proactive approach helps retailers reduce the risk of fraudulent activities, such as credit card fraud or identity theft, thereby protecting both the business and the customer.

4. Streamlined Checkout Process

AI is streamlining the checkout process in both physical stores and online. Self-checkout kiosks integrated with AI can recognize products more efficiently, reducing scanning errors and speeding up the entire checkout process. Moreover, AI can automate payment processing by recognizing faces or fingerprints, making transactions quicker and more secure.

In online retail, AI-powered chatbots can assist customers during the checkout process, answering questions, resolving issues, and guiding them through the purchase journey without the need for human intervention.

5. Data-Driven Insights for Decision-Making

AI-equipped POS systems provide retailers with valuable data-driven insights. These systems can track and analyze customer behavior, sales trends, and operational efficiencies, offering actionable recommendations for improving business performance. Retailers can use these insights to optimize their product offerings, refine marketing strategies, and improve overall store efficiency.

For example, AI might suggest adjusting store layouts based on customer foot traffic data or highlight which products are most frequently abandoned in online shopping carts, allowing retailers to take corrective action.

Conclusion

The integration of AI into retail POS applications offers transformative potential for businesses. From enhancing customer experiences with personalized recommendations to improving inventory management, fraud detection, and data-driven decision-making, AI-powered Retail POS Software systems are reshaping the retail landscape. As AI continues to evolve, its applications in retail will only become more advanced, enabling businesses to deliver even better service, streamline operations, and increase profitability.

Retailers who embrace AI in their POS systems now will not only stay ahead of the competition but also provide a more engaging and efficient shopping experience for their customers.

Reference Source link : https://www.wondersoft.com/the-growing-role-of-ai-in-retail-pos-applications