Press release
Retail Automation Market Insights and Global Outlook During 2021 to 2026
The Retail Automation Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Retail Automation market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Retail Automation market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Retail Automation market.The retail automation market is expected to grow at a CAGR of 15.41% over the forecast period (2021-2026).
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Top Leading Companies of Retail Automation Market are - Datalogic S.p.A, Diebold Nixdorf, Incorporated, ECR Software Corporation, Emarsys eMarketing Systems AG, First Data Corporation, Fujitsu Limited, Honeywell International Inc., NCR Corporation, RapidPricer B.V., Posiflex Technology Inc. and others.
Industry News and Updates:
- May 2020 - Datalogic announced an investment in AWM Smart Shelf, a California-based computer vision and AI company. AWM offers a comprehensive set of solutions to the retail sector, both grocery and non-grocery, including autonomous checkout (AWM Frictionless), Automated Inventory Intelligence (Aii), consumer demographics and behavior tracking, as well as a complete software suite, Retail Analytics Engine (RAE), for in-store analytics and reporting.
- December 2019 - Emarsys announced that professional tool retailer Total Tools had chosen its retail marketing platform to deliver personalized, omnichannel customer experiences. Accordingly, Total Tools has deployed the Emarsys retail marketing platform, including its customer data platform and marketing automation tools, to collect and merge CRM data from its customers in one central location. With only one customer view, Total Tools will be able to personalize communications across multiple channels, including in-store, email, Facebook, Google, and its web platform.
Key Market Trends:
Grocery is Expected Hold Significant Share
- Self-checkout kiosks are among some of the standard automation solutions deployed in supermarkets. Grocery chain Kroger uses sensors, and predictive analytics means to forecast when more cashiers will be needed. Then, the impact of COVID-19 on the United States retail led to Taco Bell, Target, Hy-Vee supermarkets in the Midwest, Speedway convenience stores, and Jack in the Box started to support Apple Pay, which is a contactless payment system that enables customers to quickly and securely pay in stores using their Apple Watch and iPhone.
- In 2019 Photonics Store of the Future Report, nearly nine out of ten Americans (86 %) said that mobile apps would allow people to scan groceries as they shop and then pay through an app in the next five years. Grabango is working closely with three of the top thirty grocers on Progressive Grocer’s Super 50 list and one of the top 10 convenience stores, assigns every shopper a virtual basket when they walk through the door.
North America is Expected to Hold Major Share
- The retail automation market in the United States is expected to be driven by the growing adoption of automation technologies by major players, such as Walmart and Amazon. Part of the adoption is also attributable to changing consumer preferences. A Digimarc study found that 88% of the American adults prioritize faster check out, over "slow checkout speeds" and "long lines." Major retailers in the region have adhered to such complaints and adapted to the quick and secure checkout process.
- Digital payment is set to become the preferred mode of payment for citizens across the United States, considering the e-commerce trends. Moreover, digital payment is the preferred mode of payment among millennials.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Retail Automation Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Retail Automation Market (%),2016 - 2026
- Retail Automation Market Share, By Brand
- Retail Automation Market Share, By Company
- Retail Automation Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Retail Automation Market Value Analysis & Forecast
- Promising Retail Automation Development by Major Companies
- Detailed Retail Automation Portfolio of the Major Companies
- Major Deals in the Retail Automation Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/02082591784/retail-automation-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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