Market Highlights
According to Market Research Future, the global retail automation market has been segmented based on type, component, end-user, and region/country.
Retail automation is the adoption of technologies such as artificial intelligence (AI) and machine learning (ML) that enable retail businesses to transform and automate their day-to-day operations with an improved customer experience and efficient performance. Additionally, it helps automate the manual, repetitive, and tasks that are highly vulnerable to error occurrences. Furthermore, retail automation offers numerous benefits that include minimized labor cost, which offers higher accuracy, increased efficiency, enhanced customer experience, boost sales, and took a retail business to the next level.
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Segmentation:
By type, the global retail automation market has been divided into electronic shelf labels, point of sale, kiosk, automatic storage and retrieval, barcode & RFID, automated conveyor, and others.
Based on component, the global retail automation market has been divided into hardware, software, and service.
By end user, the retail automation market is bifurcated into hypermarkets, retail pharmacies, supermarkets, single item stores, fuel stations, and others.
The global retail automation market has been analyzed for five regions — North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Regional Analysis
By region, the global retail automation market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
North America is expected to be the largest contributor to the retail automation market, mainly due to the high adoption of retail automation solutions among hypermarkets, supermarkets, and others.
Key Players
The key players in the global retail automation market are FUJITSU (Japan), Toshiba Global Commerce Solutions (US), Honeywell International Inc. (US), Posiflex Technology, Inc. (Taiwan), E&K AUTOMATION LIMITED (UK), First Data Corporation (US), KUKA AG (Germany), Diebold Nixdorf, Incorporated (US), Zebra Technologies Corp. (US), NCR Corporation (US), Kiosk & Display (US), Xerox Corporation (US), Probiz Technologies Prvt Ltd. (India), READY.ONE (US), and Locbit (US).
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Retail Automation Market Research Report: Information By Type (Electronic Shelf Labels, Point of Sale, Kiosk, Automatic Storage and Retrieval, Barcode & RFID, Automated Conveyor and Others), Component (Hardware, Software and Service), End-User (Hypermarkets, Retail Pharmacies, Supermarkets, Single Item Stores, Fuel Stations and Others), Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2026
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