Pune, Maharashtra -- (SBWIRE) -- 09/05/2023 -- HTF MI introduces new research on Retail Automation covering the micro level of analysis by competitors and key business segments (2023-2029). The Retail Automation explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled in the study are Datalogic S.p.A (Italy), NCR Corporation (United States), First Data Corporation (United States), Toshiba Global Commerce Solutions (United States), Fujitsu Limited (Japan), KUKA AG (Germany), Honeywell Scanning and Mobility (United States), Zebra Technologies Corporation (United States), Wincor Nixdorf AG (Germany).

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According to HTF Market Intelligence, the Global Retail Automation market is to witness a CAGR of 10.67% during the forecast period of 2023-2029. The market is segmented by Application (Hypermarkets, Supermarkets, Single Item Stores, Fuel Stations, Retail Pharmacies) by Type (PoS, Barcode & RFID, Barcode & RFID, Electronic Shelf Labels (ESL), Autonomous Guided Vehicle (AGV), Automatic Storage and Retrieval (ASRS), Automated Conveyor) by Implementation (In-Store, Warehouse) and by Geography (North America, South America, Europe, Asia Pacific, MEA). On the off chance that you are engaged with the industry or expect to be, at that point this investigation will give you a complete perspective. It's crucial you stay up with the latest sections by Applications [Hypermarkets, Supermarkets, Single Item Stores, Fuel Stations, Retail Pharmacies], Product Types [PoS, Barcode & RFID, Barcode & RFID, Electronic Shelf Labels (ESL), Autonomous Guided Vehicle (AGV), Automatic Storage and Retrieval (ASRS), Automated Conveyor] and some significant parts of the business.

Definition:
Retail Automation is used to offer integrated tools that manage retail activities such as product handling, task management, store audits, workforce management, time & attendance, and others. The Retail Automation market is expected to mark significant growth over the forecasted period owing to increasing consumer spending on cell phones, advanced booths, and workforce & errand administration answers to sustain in the market. There has been a significant rise in the number of artificial intelligence deployments in retail centers with figures standing up to 28% in the United States alone in 2018, The future for Retail Automation looks promising. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on the fastest-growing verticals in the IT and e-commerce, sectors. Further, increasing demand for consumer intelligence is expected to drive market growth over the forecasted period.

Market Trends:
- Value-Oriented Consumers
- Substitutes Available For Retail Automation

Market Drivers:
- Increasing Demand for Quality and Fast Services.
- Rapid Demand for Retail Automation Products.

Market Opportunities:
- Proliferation of Augmented Reality and Virtuality Reality in Retail Leads to Grow the Market.
- Upsurge Demand for Retail Automation in Business Optimization.

Highlighted Retail Automation Market Segments and Sub-Segments:

Retail Automation Market by Key Players: Datalogic S.p.A (Italy), NCR Corporation (United States), First Data Corporation (United States), Toshiba Global Commerce Solutions Inc. (United States), Fujitsu Limited (Japan), KUKA AG (Germany), Honeywell Scanning and Mobility (United States), Zebra Technologies Corporation (United States), Wincor Nixdorf AG (Germany)

Retail Automation Market by Types: PoS, Barcode & RFID, Barcode & RFID, Electronic Shelf Labels (ESL), Autonomous Guided Vehicle (AGV), Automatic Storage and Retrieval (ASRS), Automated Conveyor

Retail Automation Market by End-User/Application: Hypermarkets, Supermarkets, Single Item Stores, Fuel Stations, Retail Pharmacies

Retail Automation Market by Geographical Analysis:
- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)

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The study is a source of reliable data on Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain, and investor analysis.

Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.

Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contain assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.

Key Points in the Market: The key features of this Retail Automation market report include production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.

Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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