Retail Automation Market Driven By Rising Need To Reduce Operational Costs - IndustryARC Research
March 18, 2017 --
Hyderabad, India, March 18, 2017 (GLOBE NEWSWIRE) -- The report “Retail Automation Market: By Type (EPOS, Self-Checkout, others), By Component (RFID, Smart cart, barcode reader, others), By End-user (Hypermarkets, supermarkets, airports, petrol stations, others), By Geography- Forecast (2016-2021)”, published by IndustryARC, estimates that the drive for customer satisfaction and new technological advances will propel the market, most notably in the Americas.
Browse numerous Market Tables and Figures spread through 148 Pages and an in-depth TOC on “Retail Automation Market 2016-2021”
Scope & Regional Forecast of the Retail Automation Market:
Retail automation is a new solution transforming the retail operations by integrating smart devices and equipment. Retail automation is a fully-integrated management solution equipping end-to–end solution for providing value added services to customers and for having fully optimized supply chain and reduce the operational cost by adopting automated machine solutions. Retail automation gives flexible and comfortable solutions for both retailer and customers with the advanced technology. This boosts the revenues for retailers by giving cost advantage solutions. Retail automation has redefined the business of retail industry by providing user friendly solutions in commercial complexes involved with B2C models.
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Retail Automation will have impact on several existing business, value chain, business models, workforces and the decisions taken by business entity and government leaders for long term success. It shows transformation in Retail industry boundaries and gives rise to new companies.
The increase in the operational efficiency, service quality, technological advancements, time saving and growing purchasing power is projected to drive the market growth rate for Retail automation. Retail automation is widely being incorporated across retailers which can be grouped broadly under food/ non-food service industry, general merchandise, hospitality, petrol/ diesel stations, airports and so on.
Prominent Segmentations Involved in the Retail Automation Market:
The Retail Automation Market can be broken down into various segmentations on the basis of –
- Type: Electronics Point-of-Sale (EPOS), Self-Checkout, KIOSK, Vending Machines and Others.
- Component: Hardware (Smart Cart, Card reader, Barcode scanner, RFID, KIOSK, PDA, Cash registers, PC & cast drawer system, Weighing scale, Bill Printer, Currency Counter, Others, Server, Data buses/ Cables) and Software.
- End User Industry: Food/ Non-Food Service Industry (Supermarkets, Hypermarkets, Convenience stores, others), General Merchandise (Department stores, Mass Merchandisers, Variety stores), Hospitality (Restaurants, Fast food outlets, Hospitals, Clinics, Others), Petrol/ Diesel stations, Telecom, Airports and Others.
- Geographic Location: America, Europe, Asia-Pacific and Rest of the world.
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Some of the sample companies profiled in the Retail Automation Market report are as follows:
- G. G. Automation India
- TIO Networks Corp
- QDS Retail Automation
- VeriFone Holdings, Inc.
- Seiko Epson
- Crane Payment Innovations
- ECR Software Corporation
- Schneider Electric SE
- First Data Corporation
Why buy this report?
- Get a detailed picture of the Retail Automation Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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