The global retail automation market size is expected to be worth around US$ 25.17 billion by 2030, according to a new report by Vision Research Reports.
The global retail automation market size was valued at US$ 9.90 billion in 2020 and is anticipated to grow at a CAGR of 9.7 during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | US$ 25.17 Bn by 2030 |
| Growth Rate | CAGR of 9.7% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, End-use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Datalogic S.P.A (Italy), Diebold Nixdorf, Incorporated (U.S.), First Data Corporation (U.S.), Fujitsu Limited (Japan), Honeywell International Inc. (U.S.), NCR Corporation (Georgia), Outerwall Inc. (U.S.), Pricer (Sweden), Toshiba Global Commerce Solutions, Inc. (U.S.), and ZIH Corp. (U.S.). |
Growth Factors
The rising demand for features such as business optimization and improvement in service quality offered by retail automation is expected to propel the global market growth over the forecast period.
Automation is gaining significance as retailers are using a combination of mobile devices, self-checkout systems, digital kiosks, proximity beacons, and workforce and task management solutions to remain competitive in the market. Moreover, the market is expected to witness growth in the future owing to the growing adoption of the technology by a number of end users, such as hypermarkets, supermarkets, convenience stores, fuel stations, and retail pharmacies.
By Product Analysis
Based on product, the retail automation has been segmented into barcode and Radio-frequency identification (RFID), point of sale (POS), cameras, electronic shelf labels, autonomous guided vehicles, and others.
Self-checkout terminals have grown substantially due to the benefits that they offer for retailers in improving the customer experience.
RFID technology is enabling retailers to compete with online sellers as it helps facilitate regular inventory checks, which in turn leads to inventory accuracy.
By End-User Analysis
Based on end users, the market has been segmented into hypermarkets, supermarkets, convenience stores, fuel stations, and retail pharmacies.
The supermarket segment is anticipated to witness significant growth in the market by 2030. While there is an enormous demand for technologically advanced solutions, the need for cost-effective solutions has also increased.
Retail automation technology is witnessing increasing demand among the growing urban population since it offers improved service quality and instant access to everything ranging from carts to food.
By Regional Analysis
The North American region is estimated to remain the key regional segment over the forecast period, owing to well-established manufacturers and a large consumer base. The region accounted for the largest revenue share and is expected to grow at a CAGR of more than 7% from 2021 to 2030.
The Asia Pacific region is witnessing a rise in disposable income, which in turn is expected to drive market growth. Innovative technologies such as artificial intelligence (AI), machine learning, digital traceability, and robotics are the key factors driving the demand for retail automation over the projected period.
The market in South America is also expected to be promising over the forecast period, owing to falling inflation and the drop in interest rates. The increased demand for POS systems has significantly driven the growth of the regional market
Key Players
Datalogic S.P.A (Italy), Diebold Nixdorf, Incorporated (U.S.), First Data Corporation (U.S.), Fujitsu Limited (Japan), Honeywell International Inc. (U.S.), NCR Corporation (Georgia), Outerwall Inc. (U.S.), Pricer (Sweden), Toshiba Global Commerce Solutions, Inc. (U.S.), and ZIH Corp. (U.S.).
Market Segmentation
- By Product
- Barcode and RFID
- POS
- Cameras
- Electronic Shelf Labels
- Autonomous Guided Vehicles
- Others
- By End-User
- Hypermarkets
- Supermarkets
- Convenience Stores
- Fuel Stations
- Retail Pharmacies
- Regional
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- The U.K.
- France
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- MEA
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Retail Automation Market, By Product
7.1. Retail Automation Market, by Product, 2021-2030
7.1.1. Barcode and RFID
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. POS
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Cameras
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Electronic Shelf Labels
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Autonomous Guided Vehicles
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Retail Automation Market, By End-user
8.1. Retail Automation Market, by End-user, 2021-2030
8.1.1. Hypermarkets
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Supermarkets
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Convenience Stores
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Fuel Stations
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Retail Pharmacies
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Retail Automation Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.2. Market Revenue and Forecast, by End-user (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.3.2. Market Revenue and Forecast, by End-user (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.4.2. Market Revenue and Forecast, by End-user (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.2. Market Revenue and Forecast, by End-user (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.3.2. Market Revenue and Forecast, by End-user (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.4.2. Market Revenue and Forecast, by End-user (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.5.2. Market Revenue and Forecast, by End-user (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.6.2. Market Revenue and Forecast, by End-user (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.2. Market Revenue and Forecast, by End-user (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.3.2. Market Revenue and Forecast, by End-user (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.4.2. Market Revenue and Forecast, by End-user (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.5.2. Market Revenue and Forecast, by End-user (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.6.2. Market Revenue and Forecast, by End-user (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.2. Market Revenue and Forecast, by End-user (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.3.2. Market Revenue and Forecast, by End-user (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.4.2. Market Revenue and Forecast, by End-user (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.5.2. Market Revenue and Forecast, by End-user (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.6.2. Market Revenue and Forecast, by End-user (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.2. Market Revenue and Forecast, by End-user (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.3.2. Market Revenue and Forecast, by End-user (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.4.2. Market Revenue and Forecast, by End-user (2017-2030)
Chapter 10. Company Profiles
10.1. Datalogic S.P.A (Italy)
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Diebold Nixdorf
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Incorporated (U.S.)
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. First Data Corporation (U.S.)
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Fujitsu Limited
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Honeywell International Inc.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. NCR Corporation
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Outerwall Inc.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Pricer
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Toshiba Global Commerce Solutions, Inc
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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