Electronic Cash Register Market
                     Market Highlights 
The report published through the research indicated that the electronic cash register market has 
been expanding under the influence of several factors. The report has revealed that the global 
electronic cash register system market is estimated to develop at 11% CAGR throughout the 
forecast period ranging from 2017-2023. The demand for effective billing systems has proved to be 
a fundamental facilitator of growth for the global electronic cash register system market. This is 
further accompanied by the continuing technological shifts in the market. Near-field 
communication (NFC) technology is rapidly getting adopted as it enables the users to integrate 
contactless payment systems with ease. Mobile type Point-of-Sale (POS) frameworks are projected 
to propel rapid market growth over the assessment period owing to the worldwide penetration of 
smartphones. Affordability of electronic cash register systems is projected to accelerate the 
application of such systems in small & medium sized enterprises. Growing concerns related to data 
security are estimated to push market players to innovate security solutions to address the 
concern. Additionally, the ever-increasing progressions in technology has made the expectations of 
easy payment systems a standard. Businesses are swiftly trying to meet these expectations by 
embracing the contemporary electronic cash register systems thus propelling development for this 
market. 
An electronic cash register (ECR) is a framework designed to facilitate products to be sold at a retail 
store. Electronic cash registers assist large retail outlets collect inventory data, minimize register 
errors, track sales, and much more. An electronic cash register generally processes goods by 
scanning the information provided on a product label (usually by the means of a scanner). 
Scrutinizing the price catalogue for the price matching the label information. Adding that price to 
the cumulative total of all goods being procured by the customer. Electronic cash register systems 
have transformed over the years in an endeavor to make recording the purchase payments as 
efficient an experience as possible. They extend the ability to effectively preserve a database of 
customers, fast billing, and inventory management. Market Research Future has conducted an all-
inclusive study on the global electronic cash register system market.  
Segmentation: 
The segment evaluation of the electronic cash register market is done by end-user, type, and 
product. 
The type based segments of the electronic cash register market are portable and stationary. The 
portable segment is expected to earn high revenue for the worldwide electronic cash register 
market in the years to come. The increased application of stationary electronic cash register can 
also support the expansion of the market in the analysis period.  
The end-user based segments of the electronic cash register market are supermarkets, restaurants, 
speciality stores, and hypermarkets among others. The easy accessibility of electronic cash register 
can promote the expansion of the market through the analysis period. The booming online 
shopping solution, resulting in the rapid rise of the e-commerce market can promote the electronic 
cash register market across the analysis period.  
The product based segments of the electronic cash register market are checkouts or POS system, 
personal ECRS, mobile POS system, and standard ECRS among others. The increased use for 
personal ECRS and mobile POS system can impel the expansion of the electronic cash register 
market through the study period. 
Regional Analysis 
North America, at present, holds the primary share in the worldwide market. This dominance is 
owing to a booming retail sector and swift adoption of modern technology in the region. Small & 
medium businesses and quick service restaurants in North America are adopting electronic cash 
register systems at a spurring rate, thus encouraging market growth. The Asia Pacific market is 
estimated to expand at an impressive rate owing to the growing support for a cashless country. The 
unrealized probability for this market within the APAC region has inspired the market leaders to 
move focus to the area. Developing economies of this region are experiencing growing disposable 
incomes which have contributed to a flourishing retail industry further fueling growth of the 
electronic cash register market. 
Key Players 
Notable players ruling the global electronic cash register system market include Hewlett-Packard, 
Posiflex Technology Pvt. Ltd., Toshiba Corporation, Forbes Technosys, Casio Computer Co. Ltd., 
Foxconn Technologies, Olivetti S.p.A, Dell Inc., Fujitsu Ltd, and Citaq Co. Ltd.