Retail Automation Market SWOT Analysis 2025 | Capacity and Opportunities
by rahulkumar38471 · September 21
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21 Sep 2018 – 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
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The market may be explored by product as POS, Barcode and RFID, Cameras
James Reimer Hurricanes Jersey , Autonomous Guided Vehicles, Electronic Shelf Labels, and Others. The 鈥淏arcode and RFID鈥?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.
The market may be explored by implementation as Warehouse, and In-store. The 鈥淲arehouse鈥?dominated the retail automation industry in 2016 and is anticipated to maintain its dominance by 2025 owing to large investments in warehouse
Teuvo Teravainen Hurricanes Jersey , technological developments, increase in the number of stock keeping units (SKUs), increase the efficiency of their warehouse operations. The market may be explored by end user as Supermarkets, Hypermarkets, Convenience Stores, Retail Pharmacies
Jaccob Slavin Hurricanes Jersey , and Fuel Stations. The 鈥淩etail Pharmacies鈥?section dominated the Retail Automation Market in 2016 and is anticipated to maintain its dominance by 2025.
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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
Brock McGinn Hurricanes Jersey , Fujitsu Limited, NCR Corporation, Honeywell International Inc., Outerwall Inc., ZIH Corp and Pricer, Toshiba Global Commerce Solutions
Gustav Forsling Jersey , Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Market Segment:
Product Outlook (Revenue, USD Million; 2014 – 2025)
鈥?Barcode and RFID
鈥?POS
鈥?Cameras
鈥?Electronic Shelf Labels
鈥?Autonomous Guided Vehicles
鈥?Others
End-User Outlook (Revenue, USD Million; 2014 – 2025)
鈥?Hypermarkets
鈥?Supermarkets
鈥?Convenience Stores
鈥?Fuel Stations
鈥?Retail Pharmacies
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