Cheque Scanner Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Single-feed Cheque Scanners and Multi-feed Cheque Scanners) and Applications (Banks, Enterprises and Financial Institutions)

Publication Month: Mar 2021 | Report Code: TIPRE00019004 | No. of Pages: 132 | Category: Technology, Media and Telecommunications | Status: Published

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The cheque scanner market was valued at US$ 721.52 million in 2020 and is projected to reach US$ 1,079.55 million by 2028; it is expected to grow at a CAGR of 5.3% during the forecast period from 2021 to 2028.

 

The cheque scanner market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM. North America dominated the market in 2020. The region has the presence of multinational companies engaged in the business of providing cheque scanner, which makes it a leading and dominant region of cheque scanner market. Digital Check, ARCA, MagTek, NCR Corporation, Eastman Kodak Company, and RDM Corporation are among the players operating in the cheque scanner market in North America.

 

Impact of COVID-19 Pandemic on Cheque Scanner Market

According to latest report from the World Health Organization (WHO), the US, Spain, Italy, France, Germany, the UK, Russia, India, Turkey, Brazil, Iran, and China are among the worst affected countries due to COVID-19 outbreak. The outbreak crisis adversely affected industries across the world and the global economy witnessed a worst hit in 2020, and showed an impact in the first quarter of 2021. The COVID-19 outbreak has created significant disruptions in the manufacturing industries as a result of lockdown measures imposed for controlling the spread of the virus. Due to temporary shutdown of manufacturing plants, the production of cheque scanner systems has also been halted. Moreover, restrictions on the people’s movement and supply chain are disrupting the development and procurement of cheque scanners. However, rising awareness of social distancing is propelling the demand for digital banking globally, which would boost the cheque scanner market in forthcoming period. Now, customers are preferring online banking platforms for performing tasks such as clearing cheques, cheque deposit & payment, and other financial activities than visiting banks. This aspect would strengthen the use of mobile deposit services and remote deposit capture technologies in the coming years.

 

Lucrative Regions for Cheque Scanner Market

Lucrative Regions for Cheque Scanner Market

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Market Insights–Cheque Scanner Market

 

Rising Inclination Toward Remote Deposit Capture

Remote deposit capture (RDC) has gained prominence as banking authorities across the world are promoting and supporting the technology. Since the introduction of RDC, millions of desktop scanners have been deployed by the financial institutions. Remote deposit capture allows access to all funds within two to three business days; whereas the traditional deposit methods take several days to complete the task. RDC also removes geographical constraint, allowing user to deposit checques from anywhere.

Number of financial institutions are investing in RDC technology as the technology is helping their team to focus on core operation of the bank. The technology is also providing smooth operation and better management to the entire cheque clearance process. The emergence of RDC technology would boost the scope of cheque scanner market.

 

Type Segment Insights

Based on type, the multi-feed cheque scanner segment is expected to lead the global cheque scanner market during the forecast period. These types of cheque scanners are beneficial for business that has constant flow of check processing. A stack of cheques is easily inserted into multi-feed scanner through input area, and the scanner does its processing accurately.

 

Application Segment Insights

Based on application, the banks segment is anticipated to lead the global cheque scanner market during the forecast period. Banks process and clear many cheques on daily basis, therefore they are deploying scanners at various branches to reduce the overall time taken for cheque clearance as well as to follow the government guidelines promoting digital cheque process

 

Cheque Scanner Market, by Application (% share)

Cheque Scanner Market, by Application (% share)

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Strategic Insights

The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

 

  • In 2020, Kodak formed alliance with Southern Lithoplate Inc. (SLP). In this alliance, Southern Lithoplate became a key supplier of Kodak solutions. This arrangement leverages Southern Lithoplate’s strong customer relationships and expertise within the newspaper sector and Kodak’s world-class products and technology.
  • In 2019, Digital Check declared Micro Adaptive Cheque and Full-Page Document Scanner in Brazil. The SmartSource Micro Adaptive cheque and document scanner launched to the Brazilian market, at the CIAB FEBRABAN conference.
  • In 2019, Panini announced its partnership with the Alogent Corp. With this partnership, the company’s focus on developing the first operating system agnostic, all-in-one check capture solution used to meet the branch capture requirement of financial institutions and small businesses and merchants.

 

The global cheque scanner market has been segmented as follows:

 

Cheque Scanner Market – by Type

  • Single-Feed Cheque scanner
  • Multi-Feed Cheque scanner

 

Cheque Scanner Market – by Application                                    

  • Banks
  • Enterprises and Financial Institutions

Cheque Scanner Market – by Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

Cheque Scanner Market – Companies Profiles

  • PANINI S.p.A.
  • Epson Corp
  • Canon Inc.
  • Digital Check
  • ARCA
  • MagTek
  • NCR Corporation
  • Eastman Kodak Company
  • RDM Corporation
  • Lagona

 

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Cheque Scanner Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America – PEST Analysis

4.2.2        Europe – PEST Analysis

4.2.3        Asia-Pacific – PEST Analysis

4.2.4        Middle East and Africa – PEST Analysis

4.2.5        South America – PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             Cheque Scanner Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Rising Need to Achieve Operation Efficiency

5.1.2        Push from Regulatory Authorities

5.2       Market Restraints

5.2.1        Cost Associated with Cheque Scanner

5.3       Market Opportunities

5.3.1        Opportunity for Continuous Innovations

5.4       Market Trend

5.4.1        Trend Towards Remote Deposit Capture (RDC)

5.5       Impact Analysis of Drivers and Restraints

6.             Cheque Scanner Market – Global Analysis

6.1       Cheque Scanner Market Global Overview

6.2       Cheque Scanner Market – Global Revenue and Forecast to 2028 (US$ Million)

6.3       Market Positioning – Five Key Players

7.             Cheque Scanner Market Analysis – By Product

7.1       Overview

7.2       Cheque Scanner Market, By Product (2020 and 2028)

7.3       Single-Feed Scanner

7.3.1        Overview

7.3.2        Single-Feed Scanner Market Forecast and Analysis

7.4       Multi-Feed Scanner

7.4.1        Overview

7.4.2        Multi-Feed Scanner: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

8.             Cheque Scanner Market Analysis – By Application

8.1       Overview

8.2       Global Cheque Scanner Market Breakdown, By Application, 2020 & 2028 (%)

8.3       Banks

8.3.1        Overview

8.3.2        Banks: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

8.4       Enterprises and Financial Institutions

8.4.1        Overview

8.4.2        Enterprises and Financial Institutions: Cheque Scanner Market – Revenue and Forecast to 2028  (US$ Million)

9.             Check Scanner Market – Geographic Analysis

9.1       Overview

9.2       North America: Check Scanner Market

9.2.1        North America: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.2.2        North America: Check Scanner Market- By Type

9.2.3        North America: Cheque Scanner Market- By Application

9.2.4        North America: Cheque Scanner Market- by Key Country

9.2.4.1      US: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.1.1       US: Check Scanner Market- By Type

9.2.4.1.2       US: Cheque Scanner Market- By Application

9.2.4.2      Canada: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.2.1       Canada: Check Scanner Market- By Type

9.2.4.2.2       Canada: Cheque Scanner Market- By Application

9.2.4.3      Mexico: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.3.1       Mexico: Check Scanner Market- By Type

9.2.4.3.2       Mexico: Cheque Scanner Market- By Application

9.3       Europe: Cheque Scanner Market

9.3.1        Europe: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.3.2        Europe: Check Scanner Market- By Type

9.3.3        Europe: Cheque Scanner Market- By Application

9.3.4        Europe: Cheque Scanner Market- by Key Country

9.3.4.1      Germany: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1       Germany: Check Scanner Market- By Type

9.3.4.1.2       Germany: Cheque Scanner Market- By Application

9.3.4.2      France: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1       France: Check Scanner Market- By Type

9.3.4.2.2       France: Cheque Scanner Market- By Application

9.3.4.3      Italy: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1       Italy: Check Scanner Market- By Type

9.3.4.3.2       Italy: Cheque Scanner Market- By Application

9.3.4.4      UK: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1       UK: Check Scanner Market- By Type

9.3.4.4.2       UK: Cheque Scanner Market- By Application

9.3.4.5      Russia: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1       Russia: Check Scanner Market- By Type

9.3.4.5.2       Russia: Cheque Scanner Market- By Application

9.3.4.6      Rest of Europe: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1       Rest of Europe: Check Scanner Market- By Type

9.3.4.6.2       Rest of Europe: Cheque Scanner Market- By Application

9.4       APAC: Cheque Scanner Market

9.4.1        APAC: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.4.2        APAC: Check Scanner Market- By Type

9.4.3        APAC: Cheque Scanner Market- By Application

9.4.4        APAC: Cheque Scanner Market- by Key Country

9.4.4.1      Australia: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1       Australia: Check Scanner Market- By Type

9.4.4.1.2       Australia: Cheque Scanner Market- By Application

9.4.4.2      China: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1       China: Check Scanner Market- By Type

9.4.4.2.2       China: Cheque Scanner Market- By Application

9.4.4.3      India: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1       India: Check Scanner Market- By Type

9.4.4.3.2       India: Cheque Scanner Market- By Application

9.4.4.4      Japan: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1       Japan: Check Scanner Market- By Type

9.4.4.4.2       Japan: Cheque Scanner Market- By Application

9.4.4.5      South Korea: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1       South Korea: Check Scanner Market- By Type

9.4.4.5.2       South Korea: Cheque Scanner Market- By Application

9.4.4.6      Rest of APAC: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.6.1       Rest of APAC: Check Scanner Market- By Type

9.4.4.6.2       Rest of APAC: Cheque Scanner Market- By Application

9.5       MEA: Cheque Scanner Market

9.5.1        MEA: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.5.2        MEA: Cheque Scanner Market- by Type

9.5.3        MEA: Cheque Scanner Market- By Application

9.5.4        MEA: Cheque Scanner Market- by Key Country

9.5.4.1      South Africa: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1       South Africa: Cheque Scanner Market- by Type

9.5.4.1.2       South Africa: Cheque Scanner Market- By Application

9.5.4.2      Saudi Arabia: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1       Saudi Arabia: Cheque Scanner Market- by Type

9.5.4.2.2       Saudi Arabia: Cheque Scanner Market- By Application

9.5.4.3      UAE: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1       UAE: Cheque Scanner Market- by Type

9.5.4.3.2       UAE: Cheque Scanner Market- By Application

9.5.4.4      Rest of MEA: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1       Rest of MEA: Cheque Scanner Market- by Type

9.5.4.4.2       Rest of MEA: Cheque Scanner Market- By Application

9.6       SAM: Cheque Scanner Market

9.6.1        SAM: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.6.2        SAM: Cheque Scanner Market- by Type

9.6.3        SAM: Cheque Scanner Market- By Application

9.6.4        SAM: Cheque Scanner Market- by Key Country

9.6.4.1      Brazil: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1       Brazil: Cheque Scanner Market- by Type

9.6.4.1.2       Brazil: Cheque Scanner Market- By Application

9.6.4.2      Argentina: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1       Argentina: Cheque Scanner Market- by Type

9.6.4.2.2       Argentina: Cheque Scanner Market- By Application

9.6.4.3      Chile: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1       Chile: Cheque Scanner Market- by Type

9.6.4.3.2       Chile: Cheque Scanner Market- By Application

9.6.4.4      Rest of SAM: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.4.1       Rest of SAM: Cheque Scanner Market- by Type

9.6.4.4.2       Rest of SAM: Cheque Scanner Market- By Application

10.          Cheque Scanner Market- COVID-19 Impact Analysis

10.1    Overview

10.2    North America

10.3    Europe

10.4    Asia Pacific

10.5    Middle East and Africa

10.6    South America

11.          Global Cheque Scanner Market-Industry Landscape

11.1    Overview

11.2    Market Initiative

11.3    Merger and Acquisition

11.4    New Development

12.         Company Profiles

12.1    PANINI S.p.A.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2    EPSON

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3    Canon Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4    DIGITAL CHECK

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5    ARCA

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6    MagTek Inc

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7    NCR Corporation

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8    Eastman Kodak Company

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9    RDM Corporation

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10 Iagona

12.10.1   Key Facts

12.10.2   Business Description

12.10.3   Products and Services

12.10.4   Financial Overview

12.10.5   SWOT Analysis

12.10.6   Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Word Index

LIST OF TABLES

Table 1.             Cheque Scanner Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2.             North America: Check Scanner Market- By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             North America: Cheque Scanner Market- By Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.             US: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 5.             US: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Mexico: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 9.             Mexico: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 10.          Europe: Check Scanner Market- By Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Europe: Cheque Scanner Market- By Application – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Germany: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 13.          Germany: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 14.          France: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 15.          France: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 16.          Italy: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 17.          Italy: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 18.          UK: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 19.          UK: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 20.          Russia: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 21.          Russia: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 22.          Rest of Europe: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 23.          Rest of Europe: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 24.          APAC: Check Scanner Market- By Type – Revenue and Forecast to 2028 (US$ Million)

Table 25.          APAC: Cheque Scanner Market- By Application – Revenue and Forecast to 2028 (US$ Million)

Table 26.          Australia: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 27.          Australia: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)\

Table 28.          China: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 29.          China: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 30.          India: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 31.          India: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 32.          Japan: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 33.          Japan: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 34.          South Korea: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 35.          South Korea: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 36.          Rest of APAC: Check Scanner Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 37.          Rest of APAC: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 38.          MEA: Cheque Scanner Market- by Type– Revenue and Forecast to 2028 (US$ Million)

Table 39.          MEA: Cheque Scanner Market- By Application – Revenue and Forecast to 2028 (US$ Million)

Table 40.          South Africa: Cheque Scanner Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 41.          South Africa: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 42.          Saudi Arabia: Cheque Scanner Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 43.          Saudi Arabia: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 44.          UAE: Cheque Scanner Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 45.          UAE: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 46.          Rest of MEA: Cheque Scanner Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 47.          Rest of MEA: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 48.          SAM: Cheque Scanner Market- by Type – Revenue and Forecast to 2028 (US$ Million)

Table 49.          SAM: Cheque Scanner Market- By Application – Revenue and Forecast to 2028 (US$ Million)

Table 50.          Brazil: Cheque Scanner Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 51.          Brazil: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 52.          Argentina: Cheque Scanner Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 53.          Argentina: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 54.          Chile: Cheque Scanner Market- by Type–Revenue and Forecast to 2028 (US$ Million)

Table 55.          Chile: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 56.          Rest of SAM: Cheque Scanner Market- by Type–Revenue and Forecast to 2028 (US$ Million)

Table 57.          Rest of SAM: Cheque Scanner Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 58.          List of Abbreviation

 

LIST OF FIGURES

Figure 1.           Cheque Scanner Market Segmentation

Figure 2.           Cheque Scanner Market Segmentation – By Geography

Figure 3.           Global Cheque Scanner Market Overview

Figure 4.           Multi-Feed Scanner Segment is Expected to Dominate the Market by Type

Figure 5.           Banks Segment held Largest Market Share in 2020

Figure 6.           North America held Largest Market Share in 2020

Figure 7.           North America – PEST Analysis

Figure 8.           Europe – PEST Analysis

Figure 9.           Asia-Pacific – PEST Analysis

Figure 10.        Middle East and Africa – PEST Analysis

Figure 11.        South America – PEST Analysis

Figure 12.        Expert Opinion

Figure 13.        Cheque Scanner Market Impact Analysis of Drivers and Restraints

Figure 14.        Geographic Overview of Cheque Scanner Market

Figure 15.        Global Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Cheque Scanner Market Revenue Share, by Product (2020 and 2028)

Figure 17.        Single-Feed Scanner: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Multi-Feed Scanner Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Cheque Scanner Market Revenue Share, by Application (2020 and 2028)

Figure 20.        Banks: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Enterprises and Financial Institutions: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Check Scanner Market Revenue Share, By Region (2020 and 2028)

Figure 23.        North America: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        North America: Check Scanner Market Revenue Share, By Type (2020 and 2028)

Figure 25.        North America: Check Scanner Market Revenue Share, By Application (2020 and 2028)

Figure 26.        North America: Check Scanner Market Revenue Share, by Key Country (2020 and 2028)

Figure 27.        US: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Canada: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Mexico: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Europe: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Europe: Check Scanner Market Revenue Share, By Type (2020 and 2028)

Figure 32.        Europe: Check Scanner Market Revenue Share, By Application (2020 and 2028)

Figure 33.        Europe: Check Scanner Market Revenue Share, By Key Country (2020 and 2028)

Figure 34.        Germany: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        France: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Italy: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        UK: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Russia: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Rest of Europe: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        APAC: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41.        APAC: Check Scanner Market Revenue Share, By Type (2020 and 2028)

Figure 42.        APAC: Check Scanner Market Revenue Share, By Application (2020 and 2028)

Figure 43.        APAC: Check Scanner Market Revenue Share, By Key Country (2020 and 2028)

Figure 44.        Australia: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45.        China: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 46.        India: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 47.        Japan: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 48.        South Korea: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49.        Rest of APAC: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50.        MEA: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51.        MEA: Cheque Scanner Market Revenue Share, By Type (2020 and 2028)

Figure 52.        MEA: Cheque Scanner Market Revenue Share, By Application (2020 and 2028)

Figure 53.        MEA: Cheque Scanner Market Revenue Share, By Key Country (2020 and 2028)

Figure 54.        South Africa: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55.        Saudi Arabia: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56.        UAE: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 57.        Rest of MEA: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 58.        SAM: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59.        SAM: Cheque Scanner Market Revenue Share, By Type (2020 and 2028)

Figure 60.        SAM: Cheque Scanner Market Revenue Share, By Application (2020 and 2028)

Figure 61.        SAM: Cheque Scanner Market Revenue Share, By Key Country (2020 and 2028)

Figure 62.        Brazil: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 63.        Argentina: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 64.        Chile: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 65.        Rest of SAM: Cheque Scanner Market – Revenue and Forecast to 2028 (US$ Million)

Figure 66.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 67.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 68.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 69.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 70.        Impact of COVID-19 Pandemic in South America Country Markets

 

The List of Companies - Cheque Scanner Market

  1. PANINI S.p.A.
  2. Epson Corp
  3. Canon Inc.
  4. Digital Check
  5. ARCA
  6. MagTek
  7. NCR Corporation
  8. Eastman Kodak Company
  9. RDM Corporation
  10. Lagona
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Cheque Scanner market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global Cheque Scanner market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

 

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Frequently Asked Questions

Rising need to achieve efficiency and push from regulatory authority is driving the cheque scanner market. To effectively manage the operation of cheques clearance, the institutions are deploying cheque scanners at their branches. Cheque scanner increases the overall productivity by allowing the banks to automatically process cheques.

Vendors operating in the market need to continuously innovate and bring a comprehensive solution. This can be achieved by increasing investments in research and development (R&D) and mergers and acquisitions (M&A). With M&A, vendors can extend their offerings across the value chain and enhance their technological capabilities.

The multi-feed scanner segment led the cheque scanner market with a market in 2020. Multi-feed scanner and batch-feed scanner is fast and have unique storage options. These types of check-scanners are beneficial for business that has constant flow of check processing. A stack of cheques can be easily inserted into multi-feed scanner through input area, and it will do its processing accurately. These scanners are larger than single-feed scanner with the capability of scanning 50–200 documents per minute. Digital Check (TS240), Panini SpA (Vision X), and Epson (CaptureOne) are among the players offering multi-feed scanners.

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