RetailTech: Smart Carts—Turbocharged Self-Checkout on Wheels

Published – May 2024

Delve into the world of turbocharged self-checkout with our detailed look at smart carts.

From Amazon’s recent developments to opportunities in retail media, we discuss the renaissance of this self-checkout technology and the benefits it brings to physical retail for both consumers and retailers.

This report is part of our RetailTech series, which explores developments, insights and implications related to established and emerging technologies that are shaping the retail landscape.

Data in this research report include:

• Estimated US market size for checkout and payment technology, 2019–2028

Introduction

Market Scale and Opportunity

Smart Carts—Turbocharged Self-Checkout on Wheels: Coresight Research Analysis

1. The Tech Pendulum Is Shifting in Favor of Smart Carts Over Complex Sensor Fusion
2. Smart Carts Can Deliver Smarter Ads
3. Smart Carts Keep Customers Honest with Scales and Other Sensors

What We Think

• Implications for Brands/Retailers
• Implications for Real Estate Firms
• Implications for Technology Vendors
• Impacts of AI

Notes

7-page PDF report

Amazon, Caper AI, Instacart, Shopic

1. Estimated US Market Size for Checkout and Payment Technology (Left Axis; USD Bil.) and YoY Growth (Right Axis; %)
2. Smart Carts: A Timeline
3. Benefits of Smart Carts