Retail Automation Market to be Driven by Rising Consumer Demand For Faster, Quality Services & Benefits of Business Optimization Till 2025 | Million Insights

FELTON, California, Aug. 12, 2019 /PRNewswire/ -- Global Retail Automation Market is anticipated to reach USD 19.17 billion by 2025. Retail automation implies the usage of machinery and smart devices to undergo customized operational procedures in order to decrease the cost and improve the efficiency. Retail automation offers an integrated tool to carry out the retail activities such as time & attendance, product handling, workforce management, store audit, task management, and others.

The factors that propel the growth of the retail automation industry include reduced cost of retailers, benefits of business optimization, increase in demand for retail automation products, and rising demands of customers for fast service and quality. On the other hand, there are factors that may hamper the growth of the market including the increase in need to monitor self-service kiosk, and requirement of high initial investment. Retail Automation Market is anticipated to grow at a significant CAGR of 8.7% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Retail Automation industry may be explored by product, implementation, end user, and geography. The market may be explored by product as POS, Barcode and RFID, Cameras, Autonomous Guided Vehicles, Electronic Shelf Labels, and Others. The "Barcode and RFID" dominated the retail automation market in 2016 and is anticipated to maintain its dominance by 2025 owing to rising security concerns regarding administrative thefts, errors, and other security problems.

Get Sample PDF and read more details about the "Retail Automation Market" Report 2025.

The market may be explored by implementation as Warehouse, and In-store. The "Warehouse" dominated the retail automation industry in 2016 and is anticipated to maintain its dominance by 2025 owing to large investments in warehouse, technological developments, increase in the number of stock keeping units (SKUs), and increase the efficiency of their warehouse operations. The market may be explored by end user as Supermarkets, Hypermarkets, Convenience Stores, Retail Pharmacies, and Fuel Stations. The "Retail Pharmacies" section dominated the Retail Automation Market in 2016 and is anticipated to maintain its dominance by 2025.

North America accounted for the major share of the market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include a large consumer base, and established manufacturers. North American is followed by Europe, and Asia Pacific.

Some of the key players that fuel the growth of the retail automation industry comprise Diebold Nixdorf, Datalogic S.P.A, First Data Corporation, Incorporated, Fujitsu Limited, NCR Corporation, Honeywell International Inc., Outerwall Inc., ZIH Corp and Pricer, Toshiba Global Commerce Solutions, Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Browse 88 page research report with TOC on "Global Retail Automation Market" at:

Market Segment:

    --  Product Outlook (Revenue, USD Million; 2014 - 2025)
        --  Barcode and RFID
        --  POS
        --  Cameras
        --  Electronic Shelf Labels
        --  Autonomous Guided Vehicles
        --  Others
    --  End-User Outlook (Revenue, USD Million; 2014 - 2025)
        --  Hypermarkets
        --  Supermarkets
        --  Convenience Stores
        --  Fuel Stations
        --  Retail Pharmacies
    --  Regional Outlook (Revenue, USD Million; 2014 - 2025)
        --  North America
            --  U.S.
            --  Canada
            --  Mexico
        --  Europe
            --  Germany
            --  UK
            --  France
        --  Asia Pacific
            --  China
            --  Japan
            --  India
        --  South America
            --  Brazil
        --  Middle East & Africa (MEA)

Browse reports of similar category available with Million Insights:

    --  Biometrics Technology Market
    --  Cyber Warfare Market
    --  Data Preparation Tools Market
    --  File Integrity Monitoring Market

About Million Insights:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.


Ryan Manuel
Research Support Specialist, USA
Million Insights
Phone: +1-408-610-2300
Toll Free: 1-866-831-4085

View original content:

SOURCE Million Insights