Report ID: SQMIG45E2178
Retail Automation Market Size, Share, Growth Analysis, By End-User(Hypermarkets, Supermarkets, Non-food Retail Stores, Specialty Stores), By Product Type(POS (Interactive Kiosks, Self-checkout Systems), Cameras, Electronic Shelf Labels (LCDS), By Implementation(In-store and Warehouse.), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45E2178 |
Region:
Global |
Published Date: August, 2024
Pages:
197
|
Tables:
65 |
Figures:
75
Retail Automation Market Regional Insights
North America is projected to maintain its position as the leading segment in the market during the forecast period. This is primarily due to the presence of well-established manufacturers and a large consumer base in the region. North America accounted for the largest share of revenue in the market, and it is expected to exhibit a robust compound annual growth rate (CAGR) of over 7% from 2023 to 2030. Besides North America, the European and Asia Pacific regions are also expected to be significant contributors to the global market's revenue.
Asia Pacific is projected experiencing substantial growth, driven by increasing disposable income among consumers. This rise in disposable income is expected to boost the demand for retail automation solutions in the region. Furthermore, the adoption of innovative technologies such as artificial intelligence (AI), machine learning, digital traceability, and robotics is playing a key role in driving the growth of the retail automation market in the Asia Pacific region and beyond.
Retail Automation Market Report Snapshots
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