Insight Report 23 minutes PremiumThe Evolution of Checkout: Trends and Innovations for a Seamless Shopping Experience Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research July 3, 2023 What's InsideWe delve into the evolution of checkouts and payments in the retail industry, exploring how advancing technologies and changing consumer expectations are transforming the checkout experience both in-store and online. Discover key opportunities in the fast-growing checkout and payment technology sector, which will total nearly $343 billion in 2027, Coresight Research estimates. Explore how retailers are revolutionizing the checkout process through technologies such as RFID-based checkout, smart carts and self-checkout terminals. Learn how biometric authentication, identity verification and AI (artificial intelligence)-powered chatbots are enhancing security, personalization and convenience for customers. Gain insight into the rising demand for automation and contactless payments, as well as the role of AI and machine learning in fraud detection. Data in this research report include: US checkout and payment technology market size and year-over-year change, 2017–2027E A timeline of recent partnerships between automated frictionless checkout providers and retailers Companies mentioned in this research report include: Amazon, Caper.ai, Diebold, Fujitsu, NCR, Walmart Other relevant research: Retail-Tech Landscape: Checkout Solutions Frictionless Grocery: Pandemic Ushers In Smart Checkout Technologies Shifting Payment Infrastructure—The Path to Frictionless Checkout and Decentralized Commerce Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: The Retail Buzz Around Generative AI—Infographic: Examples and Applications in RetailAmazon Prime Day 2023 Insights: New Features and Innovations for the Shopping Festival Amid Competition and Other ChallengesRSA Conference 2023: All Things Cybersecurity—Fighting AI-Powered Intruders with AIMay 2023 US Housing Market Indicators: Sharp Rise in New Home Sales