Retail Cash Management Market Is Expected to Exhibit Significant Growth Over 2031 Finastra, Glory Global Solutions (International) Ltd., HCL Technologies Ltd., Infosys Ltd.

The global retail cash management market is anticipated to grow at a CAGR of 14.5% during the forecast period (2024-2031). Cash handling devices are used to facilitate cash transactions. They include cash recyclers, cash dispensers, smart safes, point of sale systems, integrated cash registers, cash management software, cash vault services, and cash collection services. The market’s growth is attributed to Point of sale (POS) integration across the globe. The CI-10X cash recycler's compatibility with common POS software responds to the need for smooth interaction between payment and cash management systems.

The combined shopping experience for customers and cashiers is improved by the integration. Accordingly market players are coming up with new products to cater the demand for retail cash recycling solutions. For instance, in September 2022, Glory launched the next generation of their market-leading CASHINFINITY range of retail cash recycling solutions. The CI-10X point of sale cash recycler is designed to be compatible with mainstream POS software and to automate the process of providing change when making a purchase. Additionally, the CI-500X back-office solution automates and speeds up the start and end of day cash processes, including float preparation, store reconciliation, and cash collection preparation.

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Market Coverage

                 The market number available for – 2022-2031

                 Base year- 2023

                 Forecast period- 2024-2031

Segment Covered- 

                 By Component

                 By Application

                 By Enterprise Size

Regions Covered-

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

Competitive Landscape- includes Finastra, Glory Global Solutions (International) Ltd., HCL Technologies Ltd., Infosys Ltd., Intimus International GmbH and others.

Retail Cash Management Market Report Segment

By Component

                 Solution

                 Service

By Application

                 Balance & Transaction Reporting

                 Cash Flow Forecasting

                 Corporate Liquidity Management

                 Payables & Receivables

                 Others (Cash Deposit Automation, Cash Recycling, Security and Surveillance, and Biometric Authentication)

By Enterprise Size

                 Small and Medium-Sized Enterprises (SMEs)

                 Large Enterprises

A full Report of Retail Cash Management Market is Available @  https://www.omrglobal.com/industry-reports/retail-cash-management-market

Retail Cash Management Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles

                 Finastra

                 Glory Global Solutions (International) Ltd.

                 HCL Technologies Ltd.

                 Infosys Ltd.

                 Intimus International GmbH

                 NTT DATA GROUP Corp.

                 Nucleus Software Exports Ltd.

                 Oracle

                 Sage Group plc

                 Sopra Banking Software

                 Tietoevry

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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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