Retail Automation Market worth 18.99 Billion USD by 2023-Experts Review

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Retail Automation Market by Type (PoS, Barcode
and RFID, ESL, Camera, AGV, ASRS, Automated
Conveyor), Implementation, End User
(Hypermarkets, Supermarkets, Single Item Store,
Fuel Stations, Retail Pharmacies) and Geography -
Global Forecast to 2023
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According to the new report "Retail Automation
Market by Type (PoS, Barcode and RFID, ESL,
Camera, AGV, ASRS, Automated Conveyor),
Implementation, End User (Hypermarkets,
Supermarkets, Single Item Store, Fuel Stations,
Retail Pharmacies) and Geography - Global
Forecast to 2023 The overall retail automation
market is expected to be valued at USD 18.99
Billion by 2023, at a CAGR of 10.96 between
2017 and 2023. The key factors driving the growth
of the market include the increased in demand for
retail automation products, benefits of business
optimization and reduced cost to retailers, and
rising demands of customers for quality and fast
service. PDF Brochure https//www.marketsandmar
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Warehouse o hold larger share of retail
automation market based on implementation in
coming years The warehouse implementation held a
larger share of the retail automation market than
the in-store implementation in 2016. With the
increase in the number of stock keeping units
(SKUs), the size of the warehouse has increased
considerably, making it difficult for warehouse
workers to perform their tasks proficiently. The
emergence of warehouse automation has enabled the
companies to increase the efficiency of their
warehouse operations. In the majority of
warehouses, various processes such as picking,
sorting, packing, storage, and retrieval are
accomplished by employees. With the
technological developments, the retailers are now
adopting automated conveyors, robots, and
automated storage and retrieval systems,
involving only partial engagement of employees.
Hence the large investments in the warehouse
automation are expected to further help improve
productivity and flexibility in
processes. Retail automation market for single
item stores to witness highest CAGR in near
future The single item stores are
individual-category stores for the goods such as
apparels and consumer electronics, as well as
quick-service restaurants and automobiles.
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Such stores often face problems such as the loss
of inventory as the seasonal products lose their
value quickly. To overcome such problems, the
retailers can introduce electronic shelves
labeling (ESL), which is an important technology
that allows the retailers to change the prices
rapidly, maintain the inventory, reduce the
losses, and, simultaneously, saves the efforts of
the employees. North America held largest share
of retail automation market in 2016 North
America was the leading market, in terms of size,
for retail automation in 2016. The market in
North America is driven by the factors such as
the increasing demand for sophisticated and
efficient retail services, need for time
reduction and increased accuracy, and high living
standards. These factors are also accelerating
the growth of retail automation market in North
America region. The presence of major players
such as First Data Corporation (US), NCR
Corporation (US), and Toshiba Global Commerce
Solutions Inc. (US) are also responsible for the
dynamic growth of the retail automation market in
North America.
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Browse gtgt 63 market data
tables 48 figures
179 Pages and in-depth TOC on Retail
Automation Market - Global Forecast to
2023 Early buyers will receive 10 customization
on this report. This is a Premium Report Priced
at Single user US 5650 Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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Key players - The Retail Automation Market is
dominated by

• Datalogic S.p.A (Italy)
• First Data Corporation (US)
• NCR Corporation (US)
• Fujitsu Limited (Japan)
• Toshiba Global Commerce Solutions Inc. (US)

• and Mobility (US), KUKA AG (Germany)
• Wincor Nixdorf AG (Germany)
• Zebra Technologies Corporation (US)
• Pricer AB (Sweden)
• Posiflex Technology, Inc. (Taiwan)
• EK Automation GmbH (Germany).
• Honeywell Scanning

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