Press release
Retail Automation Market 2022: Size, Share, Trends, Outlook and Future Scope 2027
Retail Automation Market Report
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
Download free sample of the report: https://www.imarcgroup.com/retail-automation-market/requestsample
Retail Automation Market Industry Definition and Application:
Retail automation is a technology that operates as a fully automatic retail store with software integration. It consumes less time while purchasing and consumers can browse the products using a touchscreen interface. It enables the selection of the product of their choice to pay for it using a debit or credit card. It assists in processing, triggering responses, communicating with other digital systems transactions, and manipulating data. Implementing retail automation offers various benefits, such as lower operational risks, reduced cost, better customer experience, and improved efficiency. Besides this, retail automation can reshape business models and provide broader value chain opportunities for players operating in the market.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Retail Automation Market Trends and Drivers:
The global market is majorly driven by the rising demand for robotic process automation in the logistics industry. The emergence of industry 4.0 and a prominent shift in company business operations are creating a positive outlook for the market. Furthermore, rapid technological advancements have boosted the adoption of automation in retail industries. Also, the advent of autonomous mobile robotics and autonomous guided vehicle in the retail sector is catalyzing the market. Moreover, the growing need to enhance consumers' engagement in shopping or purchasing goods has propelled the retail industry to automate its operational processes. Additionally, the rapid integration of retail automation with machine learning to help advance the capabilities of software bots is positively influencing the market.
Browse full report with TOC: https://www.imarcgroup.com/retail-automation-market
Retail Automation Market Segmentation:
The report has segmented the market on the basis on region, type, implementation, end user.
Breakup by Type:
Point-of-Sale (POS)
Barcode and RFID
Electronic Shelf Label (ESL)
Camera
Autonomous Guided Vehicle (AGV)
Others
Breakup by Implementation:
In-store
Warehouse
Breakup by End User:
Supermarkets and Hypermarkets
Single Item Stores
Fuel Stations
Retail Pharmacies
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Who are the Major Retail Automation Market Key players?
The report provides a detailed analysis of the market leaders, including.
AGS Transact Technologies Ltd., Diebold Nixdorf Incorporated, Fiserv Inc., Fujitsu Limited, Honeywell International Inc., NCR Corporation, Olea Kiosks Inc, Posiflex Technology Inc., Probiz Technologies Prvt, Sea Point China Limited, Simbe Robotics Inc. and Zebra Technologies Corporation.
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