Press release
Rising Consumer Expectations Driving Retail Automation Growth.: A Key Factor Shaping the Future of the Retail Automation Market in 2025
Rising Consumer Expectations Driving Retail Automation Growth
The growth of the retail automation market is anticipated to be driven by the escalating consumer demand for quicker and more fluid shopping experiences. This refers to rapid transactions, streamlined procedures, and minimal customer inconvenience, encompassing swift checkouts, straightforward navigation, access to product specifications, and frictionless payments. The advancement of the retail automation market is propelled by quicker and unimpeded shopping, heightening customer satisfaction, refining processes, and data-oriented optimization, stimulating innovation and growth. Retail automation employs technology to simplify and hasten the shopping journey, improving efficacy and ease for customers via swifter transactions and fluid processes. For example, the Census Bureau of the Department of Commerce, a government agency based in the US, reported in February 2024 that the e-commerce estimate for the fourth quarter of 2023 rose by 7.5% (±1.2%) from the fourth quarter of 2022, while overall retail sales experienced a 2.8% (±0.4%) increase during the same timeframe. Consequently, the escalating consumer demand for quicker and more fluent shopping experiences is fueling the expansion of the retail automation market.
Get Your Retail Automation Market Report Here:
https://www.thebusinessresearchcompany.com/report/retail-automation-global-market-report
What is the future CAGR of the retail automation market, and how will it impact industry expansion?
The size of the retail automation market has expanded quickly in the past few years. It is projected to increase from a market worth of $20.07 billion in 2024 to $22.59 billion in 2025, with a compound annual growth rate (CAGR) of 12.5%. The growth during the historic timeframe can be linked to factors such as competitive pressures, complexity in the supply chain, the surge in e-commerce, escalating labor expenses, and alterations in consumer behavior.
The market size for retail automation is predicted to experience substantial growth in the upcoming years, expanding to $36.03 billion by 2029 with a 12.4% compound annual growth rate (CAGR). This future progression can be accredited to the shift towards omnichannel retail, a higher focus on customer experience, the necessity for contactless solutions, adherence to regulatory compliance, enhanced safety protocols, and sustainability efforts. Key trends guiding this forecast period encompass the usage of blockchain to maintain supply chain transparency, the expansion of autonomous retail solutions, the incorporation of augmented reality (AR) in retail scenarios, a strong emphasis on sustainability, and the broadening reach of voice commerce.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14176&type=smp
What are the most significant trends transforming the retail automation market today?
Pioneering companies in the retail automation market are focusing on the creation of sophisticated technologies, such as robotics and automation integration, to enhance customer service through advanced features. This integration involves the assimilation of robotic systems and automated procedures into different areas of industrial activities, manufacturing, or other sectors. For example, in August 2023, Dobot, a robotics manufacturer from Japan specializing in robotic arms, introduced Nova collaborative robots specifically for retail automation. The initial two models of the Nova series, designed for retail and physiotherapy operations, can handle 2 kg and 5 kg weights, respectively. The series includes multiple safety mechanisms that smartly detect human activity and halt operations within 0.01 seconds if a collision is detected. If there is a power failure, the Nova robots automatically go into freeze mode to guarantee others' safety.
Which key market segments comprise the retail automation market and drive its revenue growth?
The retail automation market covered in this report is segmented -
1) By Product: Point-Of-Sale (POS), RFID And Barcode, Camera, Electronic Shelf Label, Warehouse Robotics, Other Products
2) By Implementation: In-Store, Warehouse
3) By End-Use: Hyper markets, Single Item Stores, Super markets, Fuel Stations, Retail Pharmacies, Other End-Uses
Subsegments:
1) By Point-Of-Sale (POS): Traditional POS Systems, Mobile POS Systems, Cloud-Based POS Systems
2) By RFID And Barcode: RFID Tags And Readers, Barcode Scanners, Inventory Management Systems
3) By Camera: Surveillance Cameras, Smart Cameras For Analytics, Customer Behavior Tracking Cameras
4) By Electronic Shelf Label: LCD Shelf Labels, E-Paper Shelf Labels, Wireless Communication Systems
5) By Warehouse Robotics: Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs), Robotic Picking Systems
6) By Other Products: Self-Service Kiosks, Digital Signage, Payment Solutions
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14176
North America was the largest region in the retail automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the retail automation market?
Major companies operating in the retail automation market are Samsung Electronics Co. Ltd., Amazon Web Services Inc., Honeywell International Inc., Fujitsu Limited, Posiflex Technology Inc., NCR Corporation, Zebra Technologies Corporation, KUKA AG, Diebold Nixdorf Inc., Casio Computer Co. Ltd., Capillary Technologies, PAX Technology Inc., Datalogic S.p.A, Toshiba Global Commerce Solutions Inc., WiseTech Global group, First Data Corporation, Optimove Inc., Tecsys Inc., ECR Software Corporation, SandenVendo, E&K Automation GmbH, 6 River Systems LLC, Focus Softnet FZ LLC, Vinculum Solutions Pvt. Ltd., Pricer AB, Future Way Technical Services LLC, QR Retail Automation (Asia) Sdn Bhd, Napse, Kiosk & Display LLC, Wincor Nixdorf AG
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=14176&type=smp
What Is Covered In The Retail Automation Global Market Report?
•Market Size Forecast: Examine the retail automation market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the retail automation market for a structured understanding.
•Key Players Overview: Analyze major players in the retail automation market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the retail automation market.
•Segment Contributions: Evaluate how different segments drive overall growth in the retail automation market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the retail automation market.
•Industry Challenges: Identify potential risks and obstacles affecting the retail automation market.
•Competitive Landscape: Review strategic developments in the retail automation market, including expansions, agreements, and new product launches.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Rising Consumer Expectations Driving Retail Automation Growth.: A Key Factor Shaping the Future of the Retail Automation Market in 2025 here
News-ID: 3920969 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
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,…
