Press release
Retail Automation Market Size Worth US$ 26.3 Billion by 2027 | CAGR 9.59%
Retail Automation Market
Retail Automation Industry Definition and Application:
Retail automation is a technology that facilitates fully automated retail stores through software integration. It allows customers to easily browse and select products using a touchscreen interface and pay through a debit or credit card. It includes self-checkout systems, mobile apps, service kiosks, and touch point of sale (POS) terminals. As a result, it improves efficiency, minimizes operational risks, reduces human error, keeps data updated in real-time, improves the in-store experience, provides a better customer experience, and saves costs. Owing to these benefits, retail automation is gaining immense traction across supermarkets, hypermarkets, single-item stores, retail pharmacies, and fuel stations.
Retail Automation Market Trends:
The market is primarily driven by the escalating demand for robotic process automation in the logistics industry across the globe. In addition, the recent onset of the coronavirus disease (COVID-19) pandemic led to the integration of a contactless payment system allowing customers to pay in stores securely and quickly, contributing to the market growth. Moreover, various technological advancements, such as the incorporation of radio frequency identification (RFID) technology to offer wireless fuel management and payment system at petrol stations, represents another major growth-inducing factor. Besides this, the widespread adoption of digital payments in transportation, sports, entertainment, and hospitals is accelerating the use of wireless point-of-sale (POS) terminals. Along with this, the advent of autonomous mobile robotics and an autonomous guided vehicle in the retail sector are propelling market growth. Furthermore, the rapid integration of retail automation with machine learning (ML) to help advance the capabilities of software bots, is also creating a favorable market outlook.
Request Free Sample Report: https://www.imarcgroup.com/retail-automation-market/requestsample
Retail Automation Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
Zebra Technologies Corporation.
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
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/retail-automation-market
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Central Asia E-Commerce Market: https://www.openpr.com/news/2887788/central-asia-e-commerce-market-2023-industry-size-trends
Data Warehousing Market: https://www.openpr.com/news/2913229/data-warehousing-market-2027-overview-growth-scope-demand
Hybrid Cloud Market: https://www.openpr.com/news/2809110/global-hybrid-cloud-market-size-share-industry-forecast
Insurtech Market: https://www.openpr.com/news/2886028/insurtech-market-overview-2022-global-industry-analysis
System Integration Market: https://www.openpr.com/news/2886133/system-integration-market-report-2022-27-scope-share-size
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Retail Automation Market Size Worth US$ 26.3 Billion by 2027 | CAGR 9.59% here
News-ID: 2967726 • Views: …
More Releases from IMARC Group
Engineered Quartz Stone Manufacturing Plant Report 2025: Raw Materials Requireme …
Engineered quartz stone is a man-made surface material composed of crushed natural quartz crystals combined with resins, pigments, and polymers to create durable, non-porous slabs. Known for its strength, stain resistance, and aesthetic appeal, it is widely used in countertops, flooring, wall cladding, and interior applications. Unlike natural stone, engineered quartz offers uniform patterns, a wide range of colors, and minimal maintenance, making it a preferred choice in modern residential,…
Geo-Textile Manufacturing Plant Setup Cost 2025: CapEx/OpEx Analysis with Profit …
Setting up a geo-textile manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Geo-Textile Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a geo-textile manufacturing plant, covering…
Cashew Butter Manufacturing Plant Report 2025: Raw Materials, Investment Opportu …
Cashew butter is a creamy spread made by grinding roasted cashew nuts into a smooth paste, often enhanced with a pinch of salt or sweeteners. It is rich in healthy fats, protein, vitamins, and minerals, making it a nutritious alternative to traditional spreads like peanut butter. Cashew butter is widely used as a spread, in smoothies, baked goods, and health-focused recipes, gaining popularity among health-conscious consumers, vegans, and those seeking…
Calcium Chloride Anhydrous Production Cost Report 2025: Plant Setup Economics an …
Setting up a calcium chloride anhydrous production facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Calcium Chloride Anhydrous Production Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for Retail
Driving Retail Innovation: Blockchain Revolutionizes the Retail Sector
[City, Date] - Retail blockchain, hailed as a disruptive technology, is reshaping the retail sector by securely recording digital transactions on a distributed ledger. This innovative approach enables retailers to meticulously track stock origins, exercise precise control over their offerings, and instill trust across various applications including smart contracts, consumer experience management, transaction management, and supply chain management.
The Blockchain in Retail Market is projected to reach $25.8 billion by 2029,…
Retail Clinics Market - Transforming healthcare delivery through retail clinics
Newark, New Castle, USA: The "Retail Clinics Market" provides a value chain analysis of revenue for the anticipated period from 2021 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Retail Clinics Market: https://www.growthplusreports.com/report/retail-clinics-market/7728
This latest report researches the industry structure, sales, revenue,…
India Retail Market Top Key Players – Reliance Retail, V Mart, D Mart, Pantalo …
Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. With the arrival of several new players, Indian retail has become one of the most dynamic and fast industries. The sector is the largest source of employment after agriculture and has deep penetration into rural India generating more than 10 per cent of India’s GDP.
With the advancement in…
Retail IoT Software Market 2020-2026 | Coffee Cloud, Honeywell Connected Retail, …
The Research Insights has included a report, titled a global Retail IoT Software market to its extensive repository. This analytical report has been compiled by using primary and secondary research techniques. The global market research report offers in-depth analysis of global market trends, platforms, drivers, restraints and opportunities. It also presents a complete overview of the global market with respect to current statistics, historical records, and future predictions.
Retail IoT software…
Global Organized Retail Market 2019 - Pantaloons Retail, Reliance Retail, Shoppe …
Organized retailing is the process of selling goods or merchandise all under one roof in a fixed location such as a departmental store, hypermarket, supermarket or even a convenience store. Organized retail also includes internet retailing, which is the process of buying and selling products and services, such as COD, card on delivery, or trial services, through the internet.
Get Free Sample Copy of Report Here: http://bit.ly/2DdvEVA
Scope of the Report:
This report…
Retail Display Industry Segment Analysis by Product Type Touch-screen retail dis …
The displays that are used in retail applications like POS systems, kiosks, ATMs, and digital signage are referred to as retail displays. The touchscreen displays segment in the retail sector accounted for the maximum market share during 2017. In 2018, the global Retail Display market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. In this study,…
