Press release
Retail automation Market Huge Demand, Growth, And Forecasts Through 2018-2025 | Fujitsu Limited, E&K Automation GmbH, Zebra Technologies Corporation, First Data Corporation
Retail automation
The retail automation market report discusses the growth factors, opportunities, trends, and challenges. These market dynamics show the current scenario coupled with future growth and opportunities present in the global retail automation market. One of the key part of the report is vendor landscape, which also involves the details of key players such as segmental share, annual turnover, new product launches, SWOT analysis, mergers and acquisitions activities, and R&D.
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Market Overview:
The Global Retail Automation Market was valued at USD 9.32 billion in 2016 and is projected to reach USD 23.55 billion by 2025, growing at a CAGR of 10.85% from 2018 to 2025.
Retail Automation is the category of self-service, standalone kiosks in heavily trafficked locations such as airports, malls, resorts and convenience stores. Retail automation system provides the client with several benefits including - better visibility into spend & reporting insights, increase operational efficiency, ensure compliance, brand preservation, better customer experience, automation of engagement, and responsive pos.
Growth in Retail automation market
Retail automation market grows in tandem with the retail industry, partly because market growth is expected to lead to an increase in demand for automation tools. The expanding incorporation of digital capabilities is projected to boost the use of automation, thereby propelling the market. The companies in retail industries are investing in technologies to understand the consumer behavior to shape their strategies, in order to sustain in the market. Consumers are demanding quality of product and service owing to, which the integration of automation in the retail industry is becoming a key part. Moreover, they are encouraging customers to go cashless, which is fueling the growth of retail industry thereby ascending the Retail automation market
Global Retail automation market Top Key Players:
Fujitsu Limited (Japan), Toshiba Global Commerce Solutions Inc. (US), Honeywell Scanning and Mobility (US), Posiflex Technology, Inc. (Taiwan), E&K Automation GmbH (Germany), First Data Corporation (US), Kuka AG (Germany), Wincor Nixdorf AG (Germany), Zebra Technologies Corporation (US), NCR Corporation (US), and Kiosk & Display LLC (US) among others.
Global Retail automation market by Type:
Electronic Shelf Labels
Point of Sale
Automatic Storage and Retrieval
Barcode & RFID
Autonomous Guided Vehicle
Automated Conveyor
Others
Global Retail automation market End User
Hypermarket
Supermarket
Shopping Mall
Others
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