Retail Automation Market Size | Global Industry Report 2023-2028

Retail Automation Market Report by Type (Point-of-Sale (POS), Barcode and RFID, Electronic Shelf Label (ESL), Camera, Autonomous Guided Vehicle (AGV), and Others), Implementation (In-store, Warehouse), End User (Supermarkets and Hypermarkets, Single Item Stores, Fuel Stations, Retail Pharmacies), and Region 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4523

Year End sale Buy Now

Market Overview:

The global retail automation market size reached US$ 16.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 28.5 Billion by 2028, exhibiting a growth rate (CAGR) of 9.4% during 2023-2028.

Retail automation is a process that automates, simplifies, and streamlines manual and repetitive processes. It includes service kiosks, self-checkout systems, mobile apps, and touch point of sale (POS) terminals. It is easy to access and saves time while reducing the cost of operations. Besides this, it assists in improving the in-store experience, enhancing efficiency, reducing human errors, improving customer experience, and keeping data updated in real-time. Nowadays, key players are integrating data intelligence to provide deep insights from business metrics for growth opportunities and increase overall sales.

Retail Automation Market Trends:

Lockdown imposed by governments of several countries to limit the spread of the coronavirus disease (COVID-19) has disrupted business operations. As a result, enterprises across the globe are leveraging intelligent solutions, such as retail automation, to adapt to the current market scenario. Moreover, retail automation aids in addressing the challenges of safety concerns, sustained revenues, labor shortages, and supply chain management. This, coupled with the emerging automation trend, rising volume of data, and the growing focus on better customer experience, is driving the demand for retail automation. Apart from this, the increasing adoption of digital payments is positively influencing the use of wireless POS terminals in the healthcare, transportation, and sports and entertainment sectors worldwide. Furthermore, leading players are integrating radio frequency identification (RFID) technology to provide wireless fuel management and payment system at petrol stations. It streamlines downstream supply chain operations and assists oil companies in providing an infrastructure to cater to various demands of the customers. This, in confluence with the rising sales of passenger vehicles and the increasing emphasis on automating petroleum outlets, is catalyzing the adoption of retail automation around the world.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global retail automation market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, implementation and end user.

Breakup by Type:

Point-of-Sale (POS)
Barcode and RFID
Electronic Shelf Label (ESL)
Camera
Autonomous Guided Vehicle (AGV)
Others

Breakup by Implementation:

In-store
Warehouse

Breakup by End User:

Supermarkets and Hypermarkets
Single Item Stores
Fuel Stations
Retail Pharmacies

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AGS Transact Technologies Ltd., Diebold Nixdorf Incorporated, Fiserv Inc., Fujitsu Limited, Honeywell International Inc., NCR Corporation, Olea Kiosks Inc, Posiflex Technology Inc., Probiz Technologies Prvt, Sea Point China Limited, Simbe Robotics Inc. and Zebra Technologies Corporation.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Type, Implementation, End User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AGS Transact Technologies Ltd., Diebold Nixdorf Incorporated, Fiserv Inc., Fujitsu Limited, Honeywell International Inc., NCR Corporation, Olea Kiosks Inc, Posiflex Technology Inc., Probiz Technologies Prvt, Sea Point China Limited, Simbe Robotics Inc. and Zebra Technologies Corporation
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the global retail automation market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global retail automation market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the implementation?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global retail automation market and who are the key players?
What is the degree of competition in the industry?

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase options Year End sale

Single User License ~~$2499~~ $2249
Five User License ~~$3499~~ $2974
Corporate License ~~$4499~~ $3599

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.