openPR Logo
Press release

Retail Automation to Disrupt the FMCG and Hospitality Industries

10-30-2017 11:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Future Market Insights presents a detailed forecast of the global retail automation market in a new publication titled “Retail Automation Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.”

In this report, Future Market Insights has analysed the global retail automation market over a 10 year study period from 2017 to 2027 and thrown light on the key factors likely to impact market revenue growth during the period of assessment.

According to Future Market Insights’ forecast, the global retail automation market is estimated to be valued at US$ 9,846.0 Mn by the end of 2017 and this is expected to increase to US$ 29,825.4 Mn by the end of the forecast period in 2027. This reflects a CAGR of 11.7% in terms of value.

Obtain Report Details @
https://www.futuremarketinsights.com/reports/retail-automation-market

Integration of retail automation products with virtual assistant services: Advancements in technology are encouraging companies in the global retail automation market to integrate retail automation products with intelligent personal assistant services to provide consumers with more power to control their shopping needs. This integration of retail automation and virtual assistant services will facilitate faster checkouts using simple voice commands and a secure PIN.

Machine Learning with Artificial Intelligence to bridge gaps in retail store functions: Machine learning coupled with artificial intelligence will create a big impact on retail storefronts, as artificial intelligence is capable of interpreting customer behavioural data, lifecycle stages, and psychographic indicators such as emotional triggers to help brands engage with their target audience in a more meaningful and personalised manner.
Augmented Reality: Businesses can use Augmented Reality to provide a different level of consumer-product interaction through an immersive experience.

The global retail automation market is segmented on the basis of product type into Manned POS Terminal and Unattended Terminals. In terms of revenue, the Manned POS Terminal segment is projected to be the most attractive and dominant segment in the global retail automation market during the forecast period, with 56.5% revenue share in 2016.

Make an Enquiry @
https://www.futuremarketinsights.com/reports/sample/REP-GB-5017
The global retail automation market is segmented on the basis of industry into FMCG, Health and Personal Care, Apparel and Footwear, Hospitality, Consumer Electronics, Travel and Logistics, Oil & Gas, and Others. FMCG is the dominant segment with an estimated market revenue of about US$ 2 Bn by 2017 end and likely to increase to US$ 6.4 Bn by the end of 2027.

Future Market Insights tracks the performance of the global retail automation market across the key geographies of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding japan, Japan, and the Middle East and Africa. North America is expected to be the dominant regional market with a value share anticipated to increase 2.9X between 2017 and 2027.

The report profiles some of the leading players operating in the global retail automation market. Companies featured include Diebold Nixdorf Incorporated, NCR Corporation, Datalogic S.p.A., FUJITSU, First Data Corporation, Toshiba Corporation, Verifone, Posiflex Technology, Inc, Ingenico Group, and Honeywell International Inc.

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email:sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

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 to Disrupt the FMCG and Hospitality Industries here

News-ID: 792804 • Views: 92

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Terminal

Bedside Terminal Service Market
#Download Sample Pages of Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1907052 The global Bedside Terminal Service market 2019 research is a professional and in-depth study on the current state of the industry and provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Global Bedside Terminal Service Market Report including definitions, classifications, applications and industry chain structure. Global Bedside Terminal Service market status, size, outlook of global and major
Terminal Management System Market
Terminal management system runs, manages and supports wide-ranging terminal networks from central and remote locations for sectors including oil and gas and chemical as well as banking and manufacturing sector. They help in managing and monitoring numerous terminals from a single location in a well-planned manner. Thus, terminal management systems help in aligning business objectives with its technology solutions. They offer a flexible and scalable solution thus ensuring security and
RuggON Announces Mobile Data Terminal
RuggON is pleased to announce the MT7000: a durable, all-in-one vehicle terminal for fleet management, asset management, and Electronic Logging (ELD) applications. The MT7000 offers a high-end seven-inch display, intuitive user interface with a multi-touch PCT touchscreen for the ultimate visibility. The smart power management inside MT7000 features delay turn on and off which allows users to have enough time to move this device to second power source or safely shutdown
Terminal Block Market Evolving Industry Trends 2024
A terminal block is defined as an electric connector in which the wires are clamped down to the metal part by a screw. It allows more than one circuit to connect to another and often contains two long aluminum or copper strips designed to link different components. These strips create a bus bar for power distribution which is sent to the connected components. Terminal blocks are modular, insulated blocks which
Celebrate Taiwan @ Grand Central Terminal
Sep 18th 2013, New York - Taiwan Tourism Bureau Office in New York partners with the Smithsonian Museum to promote Taiwan culture with a “Celebrate Taiwan @ Grand Central Terminal” event on September 28, 2013 from 11AM to 2PM for “Museum Day Live!”. The Grand Central Terminal is one of Manhattan’s most famous attractions, and is a part of the U.S Beaux Arts Wonder architectures. Recently, Taiwan Hsinchu Railway Station
Cheap Wireless Terminal for M2M-Solutions MC66 Terminal - GSM / GPRS
Designed and produced in Germany by MC Technologies GmbH a leading M2M manufacturer, this Quadband-GSM/GPRS-Terminal enables the realization of all basic M2M requirements. Specially manufactured for industrial applications and based on proven technology of Cinterion Wireless Modules, the MC66 Terminal offers easy and fast integration in to all applications where data communication has to be realized straight forward, efficient and that all for very reasonable prices. The MC66 is based