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Detailed Analysis of Retail Automation Market | Business Growth, Development Factors, Current and Future Trends till 2030 | Oracle, Kenexa, Halogen Software, SAP, Ceridian

01-17-2024 12:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Detailed Analysis of Retail Automation Market | Business

Retail Automation Market is estimated to record a substantial CAGR of 12.5% during the forecast period. The global retail industry is on an all-time high as global economies have continued to perform exceptionally well, stimulating retail sales and profitability. This has resulted in increased adoption of retail automation solutions, as the sales increase. More and more convenience store chains are seeking to implement different types of retail automation systems that could increase their efficiency, as well as profit margins. Besides, the boom of urbanization has played a significant role in the acceleration of retailing, which has indirectly benefited the retail automation market. As projected by the UN (United Nations), around 68% of the global population is expected to live in urban areas against 55% in 2018. Increasing urbanization is one of the key factors that foretell the potential of the global retail automation market.

Moreover, other key factors influencing the growth of the market are the rapid rise of the e-commerce industry, and customers' changing preferences and need for customizations. Entering the market requires high initial investments, which may be a deterrent for those who are keen. Also, the lack of specialized technology for customized needs will hinder the market growth. Changes in customers' shopping behaviour with the advent of e-commerce websites have led to the growth of software-based retail automation solutions. An increasing number of new players has resulted in fierce competition, compelling companies to use retail automation to provide quick and efficient services. Thus, the supermarket space is expected to be the market leader, both in terms of market share and growth.

To Request a Sample of our Report on Retail Automation Market: https://www.omrglobal.com/request-sample/retail-automation-market

Market Coverage

The market number available for - 2023-2030
Base year- 2023
Forecast period- 2024-2030
Segment Covered- by Components, and End-user
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Datalogic S.p.A., Diebold Nixdorf, Incorporated; Fiserv, Inc.; Toshiba Global Commerce Solutions, and Toyota Industrial Equipment
Retail Automation Market Report Segment

By Product

Hardware

RFID and Barcode Scanner
POS Systems
Vending Machines
Self-Scan Checkout systems
Other Hardware Types
Software

Workforce Management Software
Supply Chain and Inventory Management Software
Retails Apps and Online Store Applications
By End-User

Supermarkets/Hypermarkets
Convenience Stores
Fuel Stations
Other
A full Report of Retail Automation Market is Available at: https://www.omrglobal.com/industry-reports/retail-automation-market

Retail Automation Market - Segment by Region

North America

United States
Canada
Europe

UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific

China
India
Japan
Rest of Asia-Pacific
Rest of the World

Company Profiles

Daifuku Co., Ltd.
Datalogic S.p.A.
Diebold Nixdorf, Inc.
ECR Software Corp.
Emarsys eMarketing Systems AG
Fiserv, Inc.
Fujitsu, Ltd.
Honeywell International, Inc.
Jungheinrich AG
Kion Group AG
KNAPP AG
KUKA AG
Microsoft Corp.
Murata Machinery, Ltd.
NCR Corp.
Posiflex Technology, Inc.
System Logistics S.p.A.
Toshiba Global Commerce Solutions
Toyota Industrial Equipment
Xerox Corp.
Zebra Technologies Corp.
Reasons to Buy From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/retail-automation-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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