Press release
Retail Automation Market USD 32.86 billion by 2029, Growth Rate (CAGR) of 10.94 Parcentage
Retail Automation Market
The comprehensive market report delves into the impact of the COVID-19 lockdown on industry leaders, followers, and disruptors. With varying lockdown measures across regions and countries, the report meticulously analyzes their distinct effects. Addressing both short-term and long-term impacts, this report equips decision-makers with insights essential for formulating effective strategies on a regional basis.
The report applies rigorous research methodologies to provide trustworthy insights, including historical data, industry-validated market data, and projections. Employing PEST analysis, PORTER's analysis, and SWOT analysis, the report furnishes the necessary information for stakeholders to prioritize efforts and investments in the evolving segment of the global Retail Automation Market.
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What are Retail Automation Market Dynamics:
The growing demand for retail automation can be attributed to the increasing demand among business optimization and improvement in service quality. Retail automation provides an integrated tool to manage retail activities such as product handling, time & attendance, workforce management, task management, store audit, and others. The software increases workforce productivity and enhances store productivity. Changes in customer behavior and an increase in product measurements are factors driving the growth of market. The growing penetration of the Internet of Things (IoT) and enhanced internet accessibility, which help direct digital controls for retail automation over the projected period.
Retail Automation Market Regional Insights:
North America is poised to dominate the retail automation market, experiencing remarkable growth between 2023 and 2029. The region's thriving retail industry, exemplified by consistent annual sales growth, is a key factor. Asia-Pacific, especially China, Japan, and India, is identified as an emerging market with the highest projected Compound Annual Growth Rate (CAGR). The region's infrastructural growth projects play a pivotal role in this trend.
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What is Retail Automation Market Segmentation:
by Component
Hardware
Software
by Product
Point of sale
Barcode and RFID
ESL
Camera
AGV
ASRS
Automated conveyor
by Type
Vending machines
Service kiosks
Retail kiosk
Self-checkout
Retail apps
Retail operations
by End-User
Hypermarket
Supermarket
Convenience stores
Fuel stations
Retail pharmacies
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Who are Retail Automation Market Key Players:
1. ZIH Corp.
2. Toshiba Global Commerce Solutions, Inc.
3. Pricer
4. Outerwall Inc.
5. NCR Corporation
6. Honeywell International Inc.
7. Fujitsu Limited,
8. First Data Corporation
9. Diebold Nixdorf, Incorporated.
10. Datalogic S.P.A
11. Casio Computer Co., Ltd
12. Qr Retail Automation (Asia) SdnBhd
13. ECR Software Corp
14. Carrenza
15. Xerox Corporation
16. Zebra Technologies Corp.
17. Posiflex Technology, Inc.
18. Probiz Technologies Pvt Ltd.
19. E&K Automation GmbH
20. KUKA AG
21. Olea Kiosks Inc.
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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