Retail Automation Market Worth $275.43 Billion by 2020

Press Release   •   Nov 17, 2016 05:56 EST

According to a new market research report of "Retail Automation Market By Product Type (Physical Electronic POS and Unattended Terminal), Industry (Food/Non-food, Oil & Gas, Transport & Logistics, Healthcare & Personal Care, and Hospitality), & Geography- Analysis & Forecast (2014-2020)", published by MarketsandMarkets, the total value of retail automation market is expected to reach $275.43 Billion by 2020, at a CAGR of 16.7% between 2014 and 2020.

Browse 78 market data Tables and 113 Figures spread through 195 Pages and in-depth TOC on "Retail Automation Market - Analysis & Forecast (2014-2020)"


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The concept of retail automation has been in existence for a long time and has witnessed profound growth in the last five years. The stringent regulations being imposed by the governments augmented by the increasing need to save costs by retailers are the primary factors contributing to the growth of this market. The growing awareness of wireless technologies and the developments towards the integration of such technologies with retail automation products is expected to propel the market in the future.

The report's detailed segmentation by product type, by industry vertical, and by geography covers the overall retail automation market. The objective of the research study was to analyze the market trends for each of the product type, the growth rates of various products, and their comparison with other products.

Apart from the market segmentation, the report also covers Porter's five force analysis, value chain with detailed process flow diagram, and market dynamics such as drivers, restraints, and opportunities for the overall Retail Automation Market.

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The factors such as lucrative growth rate for the retail market in the future, growing demands of customers for better quality service, reduced cost to retailers, and increase in demand of retail automation products are driving the growth of the retail automation market, especially in the U.S. in North America. This report profiles all major companies involved in the retail automation market such as Datalogic S.p.A (Italy), First Data Corp. (U.S.), Fujitsu Ltd. (Japan), Honeywell Scanning & Mobility (U.S.), NCR Corp. (U.S.), Posiflex Technology, Inc. (Taiwan), Pricer (Sweden), Toshiba Corp. (Japan), Wincor Nixdorf AG (Germany), and Zebra Technologies Corp. (U.S.).

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