According to www.techsciresearch.com latest report- Global Smart Shopping Cart Market By Technology (Zigbee, RFIDs, Bar Codes), By Application (Supermarket, Shopping Malls, Others), By Mode of Sales (Direct, Distributor), By Region, Forecast & Opportunities, 2025
Report URL- https://www.techsciresearch.com/report/smart-shopping-cart-market/4661.html
2. 2
Scope of Report
Product of Interest (POI): Smart Shopping Cart
Review Period
2015 – 2018
Base Year
2019
Estimated Year
2020
Forecast Period
2021 – 2025
Year Range
SMART SHOPPING CART MARKET REGION
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• South America
Global smart shopping cart market is anticipated to grow at a double-digit CAGR
during the forecast period. Both, customers and cashiers avail the benefits from
the product as for customers, it cuts down the time of standing in long queues for
billing and for cashiers, it saves the time of the complete procedure of billing as it
is automatically done by the smart shopping cart; consequently, driving the
growth of the smart shopping cart market.
Market Segmentation
MODE OF SALES
• Direct
• Distributor
TECHNOLOGY
• Zigbee
• RFIDs
• Bar Codes
APPLICATION
• Supermarket
• Shopping Malls
• Others
3. 3
Table of Contents
S. No. Contents Page No.
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Smart Shopping Cart Market
4. Executive Summary
5. Voice of Customer
6. Global Smart Shopping Cart Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Technology (Zigbee, RFIDs, Bar Codes)
6.2.2. By Application (Supermarket, Shopping Malls, Others)
6.2.3. By Mode of Sales (Direct, Distributor)
6.2.4. By Region (Asia-Pacific, Europe, North America, South America, MEA)
6.2.5. By Company (2019)
6.3. Product Market Map
4. 4
Table of Contents
S. No. Contents Page No.
7. Asia-Pacific Smart Shopping Cart Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Technology
7.2.2. By Application
7.2.3. By Mode of Sales
7.2.4. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Smart Shopping Cart Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Technology
7.3.1.2.2. By Application
7.3.1.2.3. By Mode of Sales
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Table of Contents
S. No. Contents Page No.
7.3.2. India Smart Shopping Cart Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Technology
7.3.2.2.2. By Application
7.3.2.2.3. By Mode of Sales
7.3.3. Japan Smart Shopping Cart Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Technology
7.3.3.2.2. By Application
7.3.3.2.3. By Mode of Sales
7.3.4. South Korea Smart Shopping Cart Market Outlook
6. 6
Table of Contents
S. No. Contents Page No.
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Technology
7.3.4.2.2. By Application
7.3.4.2.3. By Mode of Sales
7.3.5. Australia Smart Shopping Cart Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Technology
7.3.5.2.2. By Application
7.3.5.2.3. By Mode of Sales
8. Europe Smart Shopping Cart Market Outlook
7. 7
Table of Contents
S. No. Contents Page No.
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Technology
8.2.2. By Application
8.2.3. By Mode of Sales
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. United Kingdom Smart Shopping Cart Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Technology
8.3.1.2.2. By Application
8.3.1.2.3. By Mode of Sales
8. 8
Table of Contents
S. No. Contents Page No.
8.3.2. Italy Smart Shopping Cart Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Technology
8.3.2.2.2. By Application
8.3.2.2.3. By Mode of Sales
8.3.3. France Smart Shopping Cart Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Technology
8.3.3.2.2. By Application
8.3.3.2.3. By Mode of Sales
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S. No. Contents Page No.
8.3.4. Germany Smart Shopping Cart Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Technology
8.3.4.2.2. By Application
8.3.4.2.3. By Mode of Sales
8.3.5. Spain Smart Shopping Cart Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Technology
8.3.5.2.2. By Application
8.3.5.2.3. By Mode of Sales
9. North America Smart Shopping Cart Market Outlook
9.1. Market Size & Forecast
10. 10
Table of Contents
S. No. Contents Page No.
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Technology
9.2.2. By Application
9.2.3. By Mode of Sales
9.2.4. By Country (United States, Canada, Mexico)
9.3. North America: Country Analysis
9.3.1. United States Smart Shopping Cart Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Technology
9.3.1.2.2. By Application
9.3.1.2.3. By Mode of Sales
9.3.2. Canada Smart Shopping Cart Market Outlook
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Table of Contents
S. No. Contents Page No.
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Technology
9.3.2.2.2. By Application
9.3.2.2.3. By Mode of Sales
9.3.3. Mexico Smart Shopping Cart Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Technology
9.3.3.2.2. By Application
9.3.3.2.3. By Mode of Sales
10. South America Smart Shopping Cart Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
12. 12
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S. No. Contents Page No.
10.2.1. By Technology
10.2.2. By Application
10.2.3. By Mode of Sales
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Smart Shopping Cart Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1 By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Technology
10.3.1.2.2. By Application
10.3.1.2.3. By Mode of Sales
10.3.2. Argentina Smart Shopping Cart Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1 By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Technology
10.3.2.2.2. By Application
13. 13
Table of Contents
S. No. Contents Page No.
10.3.3. Colombia Smart Shopping Cart Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1 By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Technology
10.3.2.2.2. By Application
10.3.2.2.3. By Mode of Sales
11. Middle East & Africa Smart Shopping Cart Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Technology
11.2.2. By Application
11.2.3. By Mode of Sales
11.2.4. By Country
11.3. Middle East & Africa : Country Analysis
14. 14
Table of Contents
S. No. Contents Page No.
11.3.1. UAE Smart Shopping Cart Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Technology
11.3.1.2.2. By Application
11.3.1.2.3. By Mode of Sales
11.3.2. Saudi Arabia Smart Shopping Cart Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Technology
11.3.2.2.2. By Application
11.3.2.2.3. By Mode of Sales
11.3.3. Qatar Smart Shopping Cart Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
15. 15
Table of Contents
S. No. Contents Page No.
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Technology
11.3.3.2.2. By Application
11.3.3.2.3. By Mode of Sales
11.3.4. Saudi Arabia Smart Shopping Cart Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Technology
11.3.4.2.2. By Application
11.3.4.2.3. By Mode of Sales
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Pricing Analysis
15. Competitive Landscape
16. Strategic Recommendations
17. About Us & Disclaimer
17. 17
Research Methodology
Identifying Key Opinion
Leaders
Questionnaire Design
In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the global smart shopping
cart market, overall
market size and segmental
market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the global smart shopping
cart market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
Recent Developments
Market Changing
Aspects/Dynamics
Government Policies
Conclusion
Market Participants
Key Strengths
LinkedIn
TechSci Internal
Database
Factiva
Hoovers
Paid Sources
Company Websites
Company Annual
Reports
White Paper Study
Financial Reports
Investor
Presentations
Regulatory Body
Associations, etc.
Secondary
Research
Primary Research
18. 18
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of the global smart shopping cart market. The team
of this market, while considering the major influencing factors such as increasing number of shopping marts and growing need for
forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global
Methodology Followed for Calculation of Market Size:
• Market Size by Value & Volume : Market size, in terms of value, for the year 2019 was calculated based on information collected
through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as smart shopping
market influencers & end users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 smart shopping cart manufacturers, 100 – 120 end users, and 15 – 20 industry experts and
smart shopping cart market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique.
market size was averaged out, to arrive at the market size data during 2015-2019.
19. 19
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by application, by mode of sales, by technology, by each region, and by company.
Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the
final revenue shares. Revenue shares generated across various type were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market shares by application, by mode of sales, by technology, by region and by company were calculated based on the responses received through primary surveys with industry
experts, in which the respondents were asked about the market shares or revenue generated from various types of smart shopping cart. The final shares were calculated by taking
the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global smart shopping cart market, TechSci Research
used various forecast techniques such as:
Moving Average
Time Series Analysis
Regression Analysis
Econometric and Judgmental Analysis
20. 20
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market
including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
International Business Machines Corp
Fujitsu Ltd
Toshiba Corp
Microsoft Corp
V-Mark Enterprise Limited
SK Telecom Co Ltd
Oracle Corp
Compaq Computer Corp
Media Cart Holdings Inc.
The Japan Research Institute Ltd
World Bank
International Monetary Fund (IMF)
TechSci Research Proprietary Database & Knowledge Repository
Company Annual Reports
Industry Magazines
Industry Reports
News Dailies
Credible Paid Databases
21. 21
Industry Brief
According to TechSci Research report, “Global Smart Shopping Cart Market By Technology (Zigbee, RFIDs, Bar Codes), By Application (Supermarket, Shopping Malls, Others),
By Mode of Sales (Direct, Distributor), By Region, Forecast & Opportunities, 2025”, global smart shopping cart is expected to witness double digit growth during the forecast
period on account of growth in the number of supermarkets & hypermarkets and development of IoT (Internet of Things). Additionally, IoT has paved a way for automated billing
process providing benefits to both, shoppers and cashiers along with cutting down the time of standing and waiting in long queues for billing. Moreover, there is also a scope of
enhancing this product by adding new innovations like an LCD screen to display item list, suggested items to be bought and providing sum total of the stocked goods so that it is
easier for the cashier to do his job. Furthermore, an inbuilt map of the mart can also be added to the cart to make it more advanced.
Global smart shopping cart market is segmented based on technology, application, mode of sales, region and company. Based on technology, global smart shopping cart market
can be segregated into Zigbee, RFIDs and bar codes. Of the tree, RFIDs is anticipated to lead the market until 2025 as it is the most innovative technology and does not require
line of sight (LOS) for the transformation of data via radio waves. Additionally, RFID has a reading range of more than 100 feet while that of Zigbee is limited to 100 feet and for
barcodes, the reading range is considerably less.
Some of the leading players in global smart shopping cart market include International Business Machines Corp, Fujitsu Ltd., Toshiba Corp, Microsoft Corp, V-Mark, Enterprise
Limited, SK Telecom Co Ltd, Oracle Corp, Compaq Computer Corp, Media Cart Holdings Inc., The Japan Research Institute Ltd and others. In order to expand their market
share, the companies adopt various strategies like new product launches, collaborations, introduction of attracting offers and many more to attract more customers. For instance,
Kroger and Microsoft have started working together ona smart shopping cart, which has been carried forward by Caper Labs.
“In terms of regional analysis, North America dominated the global smart shopping cart market in 2019 due to early adoption of the technologies and presence of leading smart
shopping cart companies in countries like US and Canada. Additionally, these countries have large number of supermarkets and hypermarkets, which require shopping carts for
checkouts. This is anticipated to positively impact the growth of the smart shopping cart market through 2025.,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
23. 23
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Report Name: GLOBAL SMART SHOPPING CART MARKET
FORECAST & OPPORTUNITIES
2015 – 2025
24. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality
analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this
document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior
approval of TechSci Research.
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