December 23, 2020

Retail Automation: The Automated Future of Shopping, from Fashion to Grocery Stores

Retail automation refers to the automated technology used in retail sectors for simplification of day to day work. The evolution and constant advancements in the field of automated technologies and the rising retail sectors across the globe, is paving the path for retail automation market.

The key influencing factor for retail automation market in the current scenario is the substantially growing requirement for quality and faster services in the retail sector. The increase in the supermarket and hypermarket across the globe is directly impacting on the increased demand for efficient technologies, which is creating a substantial space for automated technologies. In addition to this, the business optimization and cost reduction are playing crucial roles in the driving the retail automation market over the period.

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Top Key Players:

1. Fujitsu Corporation
2. Honeywell International Inc.
4. Toshiba Corporation
5. Datalogic S.P.A.
6. ZIH Corp.
7. Future Way Technical Services LLC
8. Pricer
9. Teraoka Seiko Co., Ltd.
10. Display Data Limited

The lack of awareness of the retail automation technologies among the developing nations retail sector is inhibiting the proliferation of the retail automation market over the years. However, financially developing nations such as India, Malaysia, Saudi Arabia, UAE, and Brazil among others are adopting these advanced technologies which are fuelling the retail automation market. The adoption trend is expected to increase in these regions, thereby, the future of the retail automation market is foreseen to be prominent in the financially developing nations.

The "Global Retail Automation Market Analysis to 2027" is a specialized and in-depth study of the retail industry with a focus on the global market trend. The report aims to provide an overview of global retail automation market with detailed market segmentation by type, area of usage, end user and geography. The global retail automation market is expected to witness high growth during the forecast period. The retail automation market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Source: The Insight Partners