
Global Retail Automation Market Size, Trends & Growth Opportunity, By Product (Point-Of-Sale, Camera, Barcode and RFID, and Others), By Implementation (On-Warehouse, and On-Store Premise), By End User (Supermarket, Hypermarket, Single-Item Stores, Petrol
Description
Global Retail Automation Market Size, Trends & Growth Opportunity, By Product (Point-Of-Sale, Camera, Barcode and RFID, and Others), By Implementation (On-Warehouse, and On-Store Premise), By End User (Supermarket, Hypermarket, Single-Item Stores, Petrol Pumps/Fuel Stations, and Health & Retail Pharmacy), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Retail Automation Market
Global Retail Automation Market was valued at USD 13.58 billion in 2021 which is expected to reach USD 28.48 billion by 2027 at a CAGR 12.55% from 2022-2027.
Retail automation is the use of technology in a retail setting to facilitate the exchange of goods and services with customers. Grocery stores, online retailers, and service providers make up the bulk of the retail automation industry. Self-checkout, vending machines, service kiosks, and many others are examples of retail automation that increase productivity and cut labour costs.
Market Drivers
The need to increase consumer engagement in the purchase of goods has forced the retail automation industry to significantly automate its operational processes. Economic growth of a nation is dependent on consumer spending or buying power.
Furthermore, the ability of automation to reshape the retail industry and provide wider value chain opportunities for market leaders are key growth drivers anticipated to support the global retail automation market. Additionally, market expansion will benefit from research and development efforts to expand the reach of virtual marketing.
Market Restraints
The global retail automation market is expected to be constrained by a lack of knowledge about terminal operability. Additionally, the market's growth will be hampered by its high level of reliance on electricity and the internet.
Market Segmentation
The Global Retail Automation Market is segmented into products such as Point-Of-Sale, Camera, Barcode and RFID, and Others, by implementation such as On-Warehouse, and On-Store Premise. Further, market is segmented into end user such as Supermarket, Hypermarket, Single-Item Stores, Petrol Pumps/Fuel Stations, and Health & Retail Pharmacy.
Regional Analysis
Global Retail Automation Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The largest market share was accounted for by North America. To remain competitive in the globalised market, North American retailers are expanding their R&D efforts internationally. In order to meet the demands of international trade, North America is also anticipated to experience growth in the retail sector's emerging technologies.
Additionally, the need for high accuracy levels in retailing operations like inventory management and the rising demand for highly sophisticated retail services are the main factors anticipated to fuel the growth of retail automation in the region.
Market Key Players
Various key players are discussed in this report such as Zebra Technologies Corp., Pricer, Posiflex Technology Inc, NCR Corp., Datalogic S.P.A, First Data Corporation, Fujitsu Limited, Honeywell Scanning & Mobility, and Wincor Nixdorf AG.
Market Taxonomy
By Product
Global Retail Automation Market
Global Retail Automation Market was valued at USD 13.58 billion in 2021 which is expected to reach USD 28.48 billion by 2027 at a CAGR 12.55% from 2022-2027.
Retail automation is the use of technology in a retail setting to facilitate the exchange of goods and services with customers. Grocery stores, online retailers, and service providers make up the bulk of the retail automation industry. Self-checkout, vending machines, service kiosks, and many others are examples of retail automation that increase productivity and cut labour costs.
Market Drivers
The need to increase consumer engagement in the purchase of goods has forced the retail automation industry to significantly automate its operational processes. Economic growth of a nation is dependent on consumer spending or buying power.
Furthermore, the ability of automation to reshape the retail industry and provide wider value chain opportunities for market leaders are key growth drivers anticipated to support the global retail automation market. Additionally, market expansion will benefit from research and development efforts to expand the reach of virtual marketing.
Market Restraints
The global retail automation market is expected to be constrained by a lack of knowledge about terminal operability. Additionally, the market's growth will be hampered by its high level of reliance on electricity and the internet.
Market Segmentation
The Global Retail Automation Market is segmented into products such as Point-Of-Sale, Camera, Barcode and RFID, and Others, by implementation such as On-Warehouse, and On-Store Premise. Further, market is segmented into end user such as Supermarket, Hypermarket, Single-Item Stores, Petrol Pumps/Fuel Stations, and Health & Retail Pharmacy.
Regional Analysis
Global Retail Automation Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The largest market share was accounted for by North America. To remain competitive in the globalised market, North American retailers are expanding their R&D efforts internationally. In order to meet the demands of international trade, North America is also anticipated to experience growth in the retail sector's emerging technologies.
Additionally, the need for high accuracy levels in retailing operations like inventory management and the rising demand for highly sophisticated retail services are the main factors anticipated to fuel the growth of retail automation in the region.
Market Key Players
Various key players are discussed in this report such as Zebra Technologies Corp., Pricer, Posiflex Technology Inc, NCR Corp., Datalogic S.P.A, First Data Corporation, Fujitsu Limited, Honeywell Scanning & Mobility, and Wincor Nixdorf AG.
Market Taxonomy
By Product
- Point-Of-Sale
- Camera
- Barcode and RFID
- Others
- On-Warehouse
- On-Store Premise
- Supermarket
- Hypermarket
- Single-Item Stores
- Petrol Pumps/Fuel Stations
- Health & Retail Pharmacy
- North America
- Latin America
- Europe
- Asia pacific
- Middle East & Africa
Table of Contents
137 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Retail Automation Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Retail Automation Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Retail Automation Market Share Analysis, By Product
- 5.3 Global Retail Automation Market Size and Forecast, By Product
- 5.3.1 Point-of-Sale
- 5.3.2 Camera
- 5.3.3 Barcode and RFID
- 5.3.4 Others
- 6 Global Retail Automation Market, By Implementation
- 6.1 Y-o-Y Growth Comparison, By Implementation
- 6.2 Global Retail Automation Market Share Analysis, By Implementation
- 6.3 Global Retail Automation Market Size and Forecast, By Implementation
- 6.3.1 On-Warehouse
- 6.3.2 On-Store Premise
- 7 Global Retail Automation Market, By End User
- 7.1 Y-o-Y Growth Comparison, By End User
- 7.2 Global Retail Automation Market Share Analysis, By End User
- 7.3 Global Retail Automation Market Size and Forecast, By End User
- 7.3.1 Supermarket
- 7.3.2 Hypermarket
- 7.3.3 Sngal-Item Stores
- 7.3.4 Petrol Pumps/Fuel Pump
- 7.3.5 Health & Retail Pharmacy
- 8 Global Retail Automation Market, By Region
- 8.1 Global Retail Automation Market Share Analysis, By Region
- 8.2 Global Retail Automation Market Share Analysis, By Region
- 8.3 Global Retail Automation Market Size and Forecast, By Region
- 9 North America Retail Automation Market Analysis and Forecast (2022 – 2027)
- 9.1 Introduction
- 9.2 North America Retail Automation Market Share Analysis, By Product
- 9.3 North America Retail Automation Market Size and Forecast, By Implementation
- 9.4 North America Retail Automation Market Size and Forecast, By End User
- 9.5 North America Retail Automation Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 Europe Retail Automation Market Analysis and Forecast (2022 – 2027)
- 10.1 Introduction
- 10.2 Europe Retail Automation Market Share Analysis, By Product
- 10.3 Europe Retail Automation Market Size and Forecast, By Implementation
- 10.4 Europe Retail Automation Market Size and Forecast, By End User
- 10.5 Europe Retail Automation Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.5.4 Rest of Europe
- 11 Asia Pacific Retail Automation Market Analysis and Forecast (2022 – 2027)
- 11.1 Introduction
- 11.2 Asia Pacific Retail Automation Market Share Analysis, By Product
- 11.3 Asia Pacific Retail Automation Market Size and Forecast, By Implementation
- 11.4 Asia Pacific Retail Automation Market Size and Forecast, By End User
- 11.5 Asia Pacific Retail Automation Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4 Rest of Asia Pacific
- 12 Latin America Retail Automation Market Analysis and Forecast (2022 – 2027)
- 12.1 Introduction
- 12.2 Latin America Retail Automation Market Share Analysis, By Product
- 12.3 Latin America Retail Automation Market Size and Forecast, By Implementation
- 12.4 Latin America Retail Automation Market Size and Forecast, By End User
- 12.5 Latin America Retail Automation Market Size and Forecast, Country
- 12.5.1 Brazil
- 12.5.2 Rest of Latin America
- 13 Middle East Retail Automation Market Analysis and Forecast (2017 – 2027)
- 13.1 Introduction
- 13.2 Middle East Retail Automation Market Share Analysis, By Product
- 13.3 Middle East Retail Automation Market Size and Forecast, By Implementation
- 13.4 Middle East Retail Automation Market Size and Forecast, By End User
- 13.5 Middle East Retail Automation Market Size and Forecast, By Country
- 13.5.1 Saudi Arabia
- 13.5.2 UAE
- 13.5.3 Egypt
- 13.5.4 Kuwait
- 13.5.5 South Africa
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Zebra Technologies Corp
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 Pricer
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 Posiflex Technology Inc.
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 NCR Corp
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Datalogic S.P.A
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 First Data Corporation
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Fujitsu Limited
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Honeywell Scanning & Mobility
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Wincor Nixdorf AG
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
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