Retail Automation Market Research Report Forecast till 2032

Retail Automation Market is anticipated to expand at a significant CAGR of 18.2% during the review period. Retail automation is the utilization of new instruments and innovation to smooth out processes and work on functional proficiency. These frequently incorporate equipment and programming/innovation answers for perform tedious and monotonous assignments precisely and reliably.

The retail business is continually changing because of expanding client requests and the fast improvement of new advances. Simulated intelligence in retail guarantees better interest determining. Artificial intelligence business knowledge instruments foresee industry changes by separating experiences from market, shopper, and serious information to roll out proactive improvements to an organization's marketing, promoting, and business technique. Prescient information can likewise customize client encounters by anticipating current items and patterns. Organizations can likewise make reports that give further knowledge into how to further develop client faithfulness and fulfilment. Information driven experiences empower customized crusades, for example, messages custom-made to messaged receipts. Computer based intelligence organizations can assist in building an intelligent talk with programming which is an extraordinary method for utilizing man-made intelligence innovation while further developing client care and retail commitment. These bots use artificial intelligence and AI to speak with clients, answer normal inquiries, and give accommodating responses and results. Consequently, these bots gather significant client information that can be utilized to settle on future business choices.

Market Segmentation

The Retail Automation Market is divided into several categories based on type, including barcode & RFID, automated conveyors, warehouse robots, Point of Sale (PoS), Electronic Shelf Labels (ESL), and Automatic Storage & Retrieval Systems (AS/RS).

The Retail Automation Market is divided into three segments based on components: services, software, and hardware. Inventory management systems, labor management software, chatbots and virtual assistants, logistics and supply chain management, AI-based demand forecasting, retail apps & online store applications, analytics, and business intelligence are the other divisions of the software market.

The Retail Automation Market is divided into On-Store Premises and Warehouse segments based on deployment.

The retail automation industry is divided into segments based on the end-user, including hypermarkets, supermarkets, single item stores, gas stations, retail pharmacies, and others.

Regional Insights

North America represented ~ 46.2% retail automation market in 2022. The development of retail automation in North America is essentially determined by the rising interest to further develop client experience and functional effectiveness. Market development in this region is additionally determined by the rising reception of cutting-edge innovations, for example, computerized reasoning and AI in retail automation arrangements.

Asia Pacific is one of the quickest developing markets for retail automation on the planet. The region is encountering high populace development and financial turn of events, as well as expanded homegrown utilization, expanding the requirement for proficient retail tasks, planned operations and warehousing.

The development of the retail automation market in Europe is principally determined by the critical requirement for savvy arrangements and the quest for further developed client experience. The region is quickly expanding the reception of innovations like RFID, savvy racking, and robotized stock administration frameworks to upgrade production network processes and lessen functional expenses.

Major Players

Key Companies in the Retail Automation market include Toshiba Global Commerce Solutions, Honeywell International Inc., Fujitsu, Posiflex Technology Inc., Diebold Nixdorf, Incorporated, Zebra Technologies Corp., First DataCorp, KUKA AG, NCR Corporation, Kiosk & Display, Xerox Corporation, Probiz Technologies, UiPath, EK Robotics GmbH, and Datalogic SpA among others.

Product Code: MRFR/ICT/2792-CR

1 EXECUTIVE SUMMARY 16

2 MARKET INTRODUCTION 17

2.1 DEFINITION 17
2.2 SCOPE OF THE STUDY 17
2.3 RESEARCH OBJECTIVE 17
2.4 MARKET STRUCTURE 18

3 RESEARCH METHODOLOGY 19

4 MARKET DYNAMICS 26

4.1 OVERVIEW 26
4.2 DRIVERS 26
- 4.2.1 INVESTMENTS BY BIG RETAIL GIANTS IN RETAIL AUTOMATION 26
- 4.2.2 INCREASE IN INDIVIDUAL SPENDING CAPACITIES 27
4.3 RESTRAINTS 28
- 4.3.1 HIGH COST OF IMPLEMENTATION 28
4.4 OPPORTUNITIES 29
- 4.4.1 DIGITAL TRANSFORMATION ACROSS RETAIL ENTERPRISES 29
4.5 IMPACT ANALYSIS OF COVID-19 30
- 4.5.1 IMPACT ON RETAIL INDUSTRY 30
  - 4.5.1.1 IMPACT ON AUTOMATION INDUSTRY 30
4.6 CHALLENGES 31

5 MARKET FACTOR ANALYSIS 32

5.1 VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS 32
- 5.1.1 RAW MATERIALS SUPPLIERS 32
- 5.1.2 COMPONENTS MANUFACTURERS 32
- 5.1.3 TECHNOLOGY PROVIDERS AND SYSTEM INTEGRATORS 33
- 5.1.4 DISTRIBUTION 33
- 5.1.5 END USER 33
5.2 PORTER'S FIVE FORCES MODEL 34
- 5.2.1 THREAT OF NEW ENTRANTS 35
- 5.2.2 BARGAINING POWER OF SUPPLIERS 35
- 5.2.3 THREAT OF SUBSTITUTES 35
- 5.2.4 BARGAINING POWER OF BUYERS 35
- 5.2.5 INTENSITY OF RIVALRY 35

6 GLOBAL RETAIL AUTOMATION MARKET, BY TYPE 36

6.1 OVERVIEW 36
6.2 ELECTRONIC SHELF LABELS 37
6.3 POINT OF SALE(POS) 37
6.4 AUTOMATIC STORAGE AND RETRIEVAL SYSTEMS (AS/RS) 38
6.5 BARCODE & RFID 38
6.6 AUTOMATED CONVEYOR 38
6.7 WAREHOUSE ROBOTICS 39
6.8 OTHERS 39

7 GLOBAL RETAIL AUTOMATION MARKET, BY COMPONENT 40

7.1 OVERVIEW 40
7.2 HARDWARE 41
7.3 SOFTWARE 41
- 7.3.1 INVESNTORY MANAGEMENT SYSTEMS 42
- 7.3.2 CHATBOTS AND VIRTUAL ASSISTANTANTS 42
- 7.3.3 WORKFORCE MANAGEMENT SYSTEMS 42
- 7.3.4 LOGISTICS AND SUPPLY MANAGEMENT 43
- 7.3.5 AI BASED DEMAND FORECASTING 43
- 7.3.6 RETAIL APPS & ONLINE STORE APPLICATIONS 43
- 7.3.7 ANALYTICS AND BUSINESS INTELLIGENCE 43
7.4 SERVICE 44

8 GLOBAL RETAIL AUTOMATION MARKET, BY IMPLEMENTATION 45

8.1 OVERVIEW 45
8.2 ON STORE PREMISES 46
8.3 WAREHOUSE 46

9 GLOBAL RETAIL AUTOMATION MARKET, BY END-USER 47

9.1 OVERVIEW 47
9.2 HYPERMARKETS 48
9.3 RETAIL PHARMACIES 48
9.4 SUPERMARKETS 49
9.5 SINGLE ITEM STORES 49
9.6 FUEL STATIONS 49
9.7 OTHERS 50

10 GLOBAL RETAIL AUTOMATION MARKET, BY REGION 51

10.1 OVERVIEW 51
- 10.1.1 GLOBAL RETAIL AUTOMATION MARKET, BY REGION, 2019-2032 (USD MILLION) 51
10.2 NORTH AMERICA 53
- 10.2.1 NORTH AMERICA RETAIL AUTOMATION MARKET, BY COUNTRY, 2019-2032 (USD MILLION) 54
- 10.2.2 NORTH AMERICA RETAIL AUTOMATION MARKET, BY TYPE, 2019-2032 (USD MILLION) 55
- 10.2.3 NORTH AMERICA RETAIL AUTOMATION MARKET, BY COMPONENT, 2019-2032 (USD MILLION) 56
- 10.2.4 NORTH AMERICA RETAIL AUTOMATION MARKET, BY IMPLEMENTATION, 2019-2032 (USD MILLION) 57
- 10.2.5 NORTH AMERICA RETAIL AUTOMATION MARKET, BY END-USER, 2019-2032 (USD MILLION) 58
- 10.2.6 US 59
- 10.2.7 CANADA 61
- 10.2.8 MEXICO 63
10.3 EUROPE 65
- 10.3.1 EUROPE RETAIL AUTOMATION MARKET, BY COUNTRY, 2019-2032 (USD MILLION) 66
- 10.3.2 EUROPE RETAIL AUTOMATION MARKET, BY TYPE, 2019-2032 (USD MILLION) 67
- 10.3.3 GERMANY 70
- 10.3.4 UK 72
- 10.3.5 FRANCE 74
- 10.3.6 ITALY 76
- 10.3.7 SPAIN 78
- 10.3.8 REST OF EUROPE 80
10.4 ASIA-PACIFIC 82
- 10.4.1 ASIA-PACIFIC RETAIL AUTOMATION MARKET, BY COUNTRY, 2019-2032 (USD MILLION) 83
- 10.4.2 ASIA-PACIFIC RETAIL AUTOMATION MARKET, BY TYPE, 2019-2032 (USD MILLION) 84
- 10.4.3 CHINA 88
- 10.4.4 JAPAN 90
- 10.4.5 INDIA 92
- 10.4.6 REST OF ASIA-PACIFIC 94
10.5 MIDDLE EAST & AFRICA 96
10.6 SOUTH AMERICA 100

11 COMPETITIVE LANDSCAPE 104

11.1 INTRODUCTION 104
11.2 MARKET SHAISANALYSIS, 2022 104
11.3 COMPETITOR DASHBOARD 105
- 11.3.1 PARTNERSHIP/COLLBORATION 106
- 11.3.2 PRODUCT DEVELOPMENT/NEW PRODUCT/ BUSINESS EXPANSION/ NEW PLATFORM 107
- 11.3.3 AGREEMENT /ACQUISITION 108

12 COMPANY PROFILE 109

12.1 FUJITSU 109
- 12.1.1 COMPANY OVERVIEW 109
- 12.1.2 FINANCIAL OVERVIEW 110
- 12.1.3 PRODUCTS OFFERED 111
- 12.1.4 KEY DEVELOPMENTS 111
- 12.1.5 SWOT ANALYSIS 112
- 12.1.6 KEY STRATEGIES 112
12.2 TOSHIBA GLOBAL COMMERCE SOLUTIONS 113
- 12.2.1 COMPANY OVERVIEW 113
- 12.2.2 FINANCIAL OVERVIEW 113
- 12.2.3 PRODUCTS OFFERED 114
- 12.2.4 KEY DEVELOPMENTS 114
- 12.2.5 SWOT ANALYSIS 115
- 12.2.6 KEY STRATEGIES 115
12.3 HONEYWELL INTERNATIONAL INC. 116
- 12.3.1 COMPANY OVERVIEW 116
- 12.3.2 FINANCIAL OVERVIEW 117
- 12.3.3 PRODUCTS OFFERED 118
- 12.3.4 KEY DEVELOPMENTS 118
- 12.3.5 SWOT ANALYSIS 119
- 12.3.6 KEY STRATEGIES 119
12.4 POSIFLEX TECHNOLOGY, INC. 120
- 12.4.1 COMPANY OVERVIEW 120
- 12.4.2 FINANCIAL OVERVIEW 121
- 12.4.3 PRODUCTS OFFERED 121
- 12.4.4 KEY DEVELOPMENTS 122
- 12.4.5 SWOT ANALYSIS 122
- 12.4.6 KEY STRATEGIES 122
12.5 FIRST DATACORP 123
- 12.5.1 COMPANY OVERVIEW 123
- 12.5.2 FINANCIAL OVERVIEW 124
- 12.5.3 PRODUCTS OFFERED 125
- 12.5.4 KEY DEVELOPMENTS 125
- 12.5.5 SWOT ANALYSIS 126
- 12.5.6 KEY STRATEGIES 126
12.6 KUKA AG 127
- 12.6.1 COMPANY OVERVIEW 127
- 12.6.2 FINANCIAL OVERVIEW 127
- 12.6.3 PRODUCTS OFFERED 128
- 12.6.4 KEY DEVELOPMENTS 128
- 12.6.5 SWOT ANALYSIS 129
- 12.6.6 KEY STRATEGIES 129
12.7 DIEBOLD NIXDORF, INCORPORATED 130
- 12.7.1 COMPANY OVERVIEW 130
- 12.7.2 FINANCIAL OVERVIEW 130
- 12.7.3 PRODUCTS OFFERED 131
- 12.7.4 KEY DEVELOPMENTS 131
- 12.7.5 SWOT ANALYSIS 132
- 12.7.6 KEY STRATEGIES 132
12.8 ZEBRA TECHNOLOGIES CORP. 133
- 12.8.1 COMPANY OVERVIEW 133
- 12.8.2 FINANCIAL OVERVIEW 133
- 12.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 134
- 12.8.4 KEY DEVELOPMENTS 134
- 12.8.5 SWOT ANALYSIS 135
- 12.8.6 KEY STRATEGIES 135
12.9 NCR CORPORATION 136
- 12.9.1 COMPANY OVERVIEW 136
- 12.9.2 FINANCIAL OVERVIEW 137
- 12.9.3 PRODUCTS OFFERED 137
- 12.9.4 KEY DEVELOPMENTS 138
- 12.9.5 SWOT ANALYSIS 138
- 12.9.6 KEY STRATEGIES 138
12.10 KIOSK & DISPLAY 139
- 12.10.1 COMPANY OVERVIEW 139
- 12.10.2 FINANCIAL OVERVIEW 139
- 12.10.3 PRODUCTS OFFERED 139
- 12.10.4 KEY DEVELOPMENTS 139
- 12.10.5 SWOT ANALYSIS 140
- 12.10.6 KEY STRATEGIES 140
12.11 XEROX CORPORATION 141
- 12.11.1 COMPANY OVERVIEW 141
- 12.11.2 FINANCIAL OVERVIEW 141
- 12.11.3 PRODUCTS OFFERED 142
- 12.11.4 KEY DEVELOPMENTS 142
- 12.11.5 SWOT ANALYSIS 143
- 12.11.6 KEY STRATEGIES 143
12.12 PROBIZ TECHNOLOGIES 144
- 12.12.1 COMPANY OVERVIEW 144
- 12.12.2 FINANCIAL OVERVIEW 144
- 12.12.3 PRODUCTS OFFERED 144
- 12.12.4 KEY DEVELOPMENTS 145
- 12.12.5 SWOT ANALYSIS 145
- 12.12.6 KEY STRATEGIES 145
12.13 UIPATH 146
- 12.13.1 COMPANY OVERVIEW 146
- 12.13.2 FINANCIAL OVERVIEW 147
- 12.13.3 PRODUCTS OFFERED 148
- 12.13.4 KEY DEVELOPMENTS 148
- 12.13.5 SWOT ANALYSIS 149
- 12.13.6 KEY STRATEGIES 149
12.14 EK ROBOTICS GMBH 150
- 12.14.1 COMPANY OVERVIEW 150
- 12.14.2 FINANCIAL OVERVIEW 150
- 12.14.3 PRODUCTS OFFERED 150
- 12.14.4 KEY DEVELOPMENTS 151
- 12.14.5 SWOT ANALYSIS 151
- 12.14.6 KEY STRATEGIES 152
12.15 DATALOGIC SPA 153
- 12.15.1 COMPANY OVERVIEW 153
- 12.15.2 FINANCIAL OVERVIEW 154
- 12.15.3 PRODUCTS OFFERED 154
- 12.15.4 KEY DEVELOPMENTS 155
- 12.15.5 SWOT ANALYSIS 156
- 12.15.6 KEY STRATEGIES 156