Report Description

Global retail cash automation market is expected to grow at an impressive rate during the forecast period. The global retail cash automation market is driven by the growing need to optimize cash flow and improve operational efficiencies, while reducing the cash handling costs. Additionally, growing focus on customer satisfaction to further improving it, is further expected to propel the market through 2025. Besides, associated benefits such as enhancing security of both cash and staff, reduction in time spent on cash counting & transaction management, counterfeit bill detection, among others, is further expected to fuel the market growth over the next few years. Also, retail cash automation products and solutions help in saving a lot of money by automating cash handling and reconciliation activities. Furthermore, ongoing technological advancements and new product launches by major players operating in the market is expected to create lucrative opportunities for market growth during the forecast years. However, lack of awareness pertaining to retail cash automation products, especially in the emerging countries, might hamper the market growth until 2025.

The global retail cash automation market is segmented based on product type, application, end users, company and region. Based on product type, the market can be fragmented into smart safe, smart cash recycler, remote cash capture, bulk coin & note dispenser, coin sorter, cash vaults and others. Among these, the smart safe product type is expected to dominate the market during the forecast period since they protect the cash both from internal and external thefts and also help in simplifying cash and currency processing operations. Regionally, the retail cash automation market has been segmented into Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to hold dominant market share in the overall retail cash automation market owing to the early adoption of advanced technologies in the region. Additionally, presence of major players that are already operating in the market, is further anticipated to drive the growth of market in the region.

Major players operating in the global retail cash automation market include Tidel Quality Cash Solutions, Glory Global Solutions, Fiserv, Gunnebo AB, FireKing Security Group, Brink's Incorporated, Volumatic Ltd, Diebold Nixdorf Incorporated, Armor Safe Technologies, LLC, GardaWorld Corporation, Ellenby Technologies, Inc., CashTech Currency Products Inc and others. The companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of global retail cash automation market from 2015 to 2018.
  • To estimate and forecast the market size of global retail cash automation market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast global retail cash automation market based on product type, application, end users, company and regional distribution.
  • To identify dominant region or segment in the global retail cash automation market.
  • To identify drivers and challenges for global retail cash automation market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global retail cash automation market.
  • To identify and analyze the profile of leading players operating in global retail cash automation market.
  • To identify key sustainable strategies adopted by market players in global retail cash automation market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of retail cash automation product manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the retail cash automation product manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global retail cash automation market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Retail cash automation product manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to retail cash automation
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as retail cash automation product manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global retail cash automation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Retail Cash Automation Market, By Product Type:
    • Smart Safe
    • Smart Cash Recycler
    • Remote Cash Capture
    • Bulk Coin & Note Dispenser
    • Coin Sorter
    • Cash Vaults
    • Others
  • Global Retail Cash Automation Market, By Application:
    • Point of Sale
    • Self-Checkout Systems
    • Retail Back Offices
  • Global Retail Cash Automation Market, By End Users:
    • Banks
    • Retail & E-Commerce
    • NBFCs
    • Others
  • Global Retail Cash Automation Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global retail cash automation market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global retail cash automation market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Retail Cash Automation Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Retail Cash Automation Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Smart Safe, Smart Cash Recycler, Remote Cash Capture, Bulk Coin & Note Dispenser, Coin Sorter, Cash Vaults, Others)

6.2.2.     By Application (Point of Sale, Self-Checkout Systems, Retail Back Offices)

6.2.3.     By End Users (Banks, Retail & E-Commerce, NBFCs, Others)

6.2.4.     By Company (2019)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Retail Cash Automation Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Application

7.2.3.     By End Users

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Retail Cash Automation 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 Product Type

7.3.1.2.2.             By Application

7.3.1.2.3.             By End Users

7.3.2.     India Retail Cash Automation 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 Product Type

7.3.2.2.2.             By Application

7.3.2.2.3.             By End Users

7.3.3.     Australia Retail Cash Automation 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 Product Type

7.3.3.2.2.             By Application

7.3.3.2.3.             By End Users

7.3.4.     Japan Retail Cash Automation Market Outlook

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 Product Type

7.3.4.2.2.             By Application

7.3.4.2.3.             By End Users

7.3.5.     South Korea Retail Cash Automation 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 Product Type

7.3.5.2.2.             By Application

7.3.5.2.3.             By End Users

8.    Europe Retail Cash Automation Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Application

8.2.3.     By End Users

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Retail Cash Automation 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 Product Type

8.3.1.2.2.             By Application

8.3.1.2.3.             By End Users

8.3.2.     Germany Retail Cash Automation 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 Product Type

8.3.2.2.2.             By Application

8.3.2.2.3.             By End Users

8.3.3.     United Kingdom Retail Cash Automation 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 Product Type

8.3.3.2.2.             By Application

8.3.3.2.3.             By End Users

8.3.4.     Italy Retail Cash Automation 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 Product Type

8.3.4.2.2.             By Application

8.3.4.2.3.             By End Users

8.3.5.     Spain Retail Cash Automation 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 Product Type

8.3.5.2.2.             By Application

8.3.5.2.3.             By End Users

9.    North America Retail Cash Automation Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By Application

9.2.3.     By End Users

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Retail Cash Automation 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 Product Type

9.3.1.2.2.             By Application

9.3.1.2.3.             By End Users

9.3.2.     Mexico Retail Cash Automation Market Outlook

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 Product Type

9.3.2.2.2.             By Application

9.3.2.2.3.             By End Users

9.3.3.     Canada Retail Cash Automation 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 Product Type

9.3.3.2.2.             By Application

9.3.3.2.3.             By End Users

10.  South America Retail Cash Automation Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By Application

10.2.3.  By End Users

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Retail Cash Automation 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 Product Type

10.3.1.2.2.           By Application

10.3.1.2.3.           By End Users

10.3.2.  Argentina Retail Cash Automation 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 Product Type

10.3.2.2.2.           By Application

10.3.2.2.3.           By End Users

10.3.3.  Colombia Retail Cash Automation 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 Product Type

10.3.3.2.2.           By Application

10.3.3.2.3.           By End Users

11.  Middle East and Africa Retail Cash Automation Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Product Type

11.2.2.  By Application

11.2.3.  By End Users

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Retail Cash Automation 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 Product Type

11.3.1.2.2.           By Application

11.3.1.2.3.           By End Users

11.3.2.  Saudi Arabia Retail Cash Automation 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 Product Type

11.3.2.2.2.           By Application

11.3.2.2.3.           By End Users

11.3.3.  UAE Retail Cash Automation Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Product Type

11.3.3.2.2.           By Application

11.3.3.2.3.           By End Users

11.3.4.  Kuwait Retail Cash Automation 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 Product Type

11.3.4.2.2.           By Application

11.3.4.2.3.           By End Users

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Tidel Quality Cash Solutions

14.2.              Glory Global Solutions

14.3.              Fiserv

14.4.              Gunnebo AB

14.5.              FireKing Security Group

14.6.              Brink's Incorporated

14.7.              Volumatic Ltd

14.8.              Diebold Nixdorf Incorporated

14.9.              Armor Safe Technologies, LLC

14.10.            GardaWorld Corporation

14.11.            Ellenby Technologies, Inc.

14.12.            CashTech Currency Products Inc

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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