Insight Report 23 minutes PremiumThe Evolution of Checkout: Trends and Innovations for a Seamless Shopping Experience Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Managing 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 This report is for subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: China Consumer Tracker: Consumer Sentiment RisesChina Consumer Tracker: Multiple Categories Shift Toward E-Commerce, Away from In-Store PurchasingOctober 2023 Leading Indicators of US Retail Sales: Mixed Signals as Retail Heads into HolidayConsumer Caution Grows: China Consumer Tracker