Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 28.62 Billion | USD 71.93 Billion | 9.8% | 2024 |
FrequentlyAsked Questions
Retail automation is the deployment of technology in retail enterprises that works on the premise of automating, simplifying, and removing as much manual labor as possible from an employee's task.
The global retail automation market is expected to grow due to increasing adoption of self-checkout systems, ai-powered analytics, and iot-enabled retail solutions to enhance customer experience and operational efficiency.
According to a study, the global retail automation market size was worth around USD 28.62 Billion in 2024 and is expected to reach USD 71.93 Billion by 2034.
The global retail automation market is expected to grow at a CAGR of 9.8% during the forecast period.
North America is expected to dominate the retail automation market over the forecast period.
Leading players in the global retail automation market include Datalogic S.p.A (Italy), First Data Corporation (US), NCR Corporation (US), Fujitsu Limited (Japan), Toshiba Global Commerce Solutions Inc. (US), Honeywell Scanning and Mobility (US), KUKA AG (Germany), Wincor Nixdorf AG (Germany), Zebra Technologies Corporation (US), Pricer AB (Sweden), Posiflex Technology Inc. (US), and E & K Automation GmbH (Germany), among others.
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