Product Code: PM4382
The global retail automation market size is expected to reach USD 53,01 billion by 2032, according to a new study by Polaris Market Research. The report "Retail Automation Market Share, Size, Trends, Industry Analysis Report, By Product (Camera, PoS, RFID & Barcode, Others), By Implementation (In-store, Warehouse), By End-use (Fuel Stations, Supermarkets, Others), By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The retail industry is witnessing a significant shift towards the automation of operational processes, primarily driven by the growing engagement of customers. This trend is not only modifying traditional retail business models but also creating new opportunities along the value chain for market players in the retail automation sector. The increased adoption of autonomous guided vehicles (AGV) & autonomous mobile robotics (AMR) within the industry is a key factor contributing to the growing demand for automation. Furthermore, the global surge in demand for digital payments, propelled by the implementation of UPI, has added to the overall momentum in the market.
In developing nations like India, the implementation of GST plays a pivotal role in driving the adoption of the automation solutions, especially with the incorporation of e-invoicing. The effective management facilitated by retail automation not only ensures compliance with high standards in the retail logistics & e-commerce but also positions companies with the efficient management & superior logistics to dominate market and maintain competitiveness in the long run.
Recognizing the advantages of automating retail workflows, businesses expected to increasingly deploy retail automation across different channels. The growing adoption of the advanced innovative technologies throughout the retail industry prompts players to provide tailored systems and solutions, aiming to enhance business performance and enable stores to operate more efficiently, ultimately delivering an improved shopping experience for consumers.
For instance, in April 2023, Toshiba Commerce Solutions., a provider of retail automation platforms, introduced "mission control," a global services command center for its Proactive Availability Services solution. This center aims to support retailers worldwide by offering remote and secure monitoring insights into in-store system technology. Similarly, in July 2023, Coalescent Mobile Robotics, collaborated with StrongPoint. This partnership enables Coalescent Mobile Robotics to leverage StrongPoint's extensive network and expertise in Europe, facilitating the introduction of its innovative autonomous mobile robots to the grocery retailers throughout the continent.
Retail Automation Market Report Highlights
Warehouse segment expected to grow at the fastest rate, to improve workflow efficiency, reducing errors, and time management
POS segment held the largest share, as there is surge in the cloud-based deployments among SMEs
Hypermarket will grow rapidly, to manage work efficiently & to reduce manual repetitive errors
North America dominated the market, owing to rapid rise in retail automation across all industries
The key market players include 6 River Systems, Amazon Web Services, Casio Computer, Datalogic, Diebold Nixdorf, E&K Automation, Kuka & NCR Corporation
Polaris Market Research has segmented the retail automation market report based on implementation, product, end use, and region:
Retail Automation, Implementation Outlook (Revenue - USD Billion, 2019 - 2032)
Retail Automation, Product Outlook (Revenue - USD Billion, 2019 - 2032)
- Point-of-Sale (POS)
- RFID & Barcode
- Camera
- Electronic Shelf Label
- Warehouse Robotics
- Others
Retail Automation, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Hypermarkets
- Single Item Stores
- Supermarkets
- Fuel Stations
- Retail Pharmacies
- Others
Retail Automation, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Retail Automation Market Insights
- 4.1. Retail Automation Market - End Use Snapshot
- 4.2. Retail Automation Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing adoption of integrated cloud-based POS systems
- 4.2.1.2. Efficiency and Cost Reduction
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Initial Costs
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Retail Automation Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Retail Automation Market, by Implementation
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 5.3. In-store
- 5.3.1. Global Retail Automation Market, by In-store, by Region, 2019-2032 (USD Billion)
- 5.4. Warehouse
- 5.4.1. Global Retail Automation Market, by Warehouse, by Region, 2019-2032 (USD Billion)
6. Global Retail Automation Market, by Product
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 6.3. Point-of-Sale (POS)
- 6.3.1. Global Retail Automation Market, by Point-of-Sale (POS), by Region, 2019-2032 (USD Billion)
- 6.4. RFID & Barcode
- 6.4.1. Global Retail Automation Market, by RFID & Barcode, by Region, 2019-2032 (USD Billion)
- 6.5. Camera
- 6.5.1. Global Retail Automation Market, by Camera, by Region, 2019-2032 (USD Billion)
- 6.6. Electronic Shelf Label
- 6.6.1. Global Retail Automation Market, by Electronic Shelf Label, by Region, 2019-2032 (USD Billion)
- 6.7. Warehouse Robotics
- 6.7.1. Global Retail Automation Market, by Warehouse Robotics, by Region, 2019-2032 (USD Billion)
- 6.8. Others
- 6.8.1. Global Retail Automation Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Retail Automation Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 7.3. Hypermarkets
- 7.3.1. Global Retail Automation Market, by Hypermarkets, By Region, 2019-2032 (USD Billion)
- 7.4. Single Item Stores
- 7.4.1. Global Retail Automation Market, by Single Item Stores, By Region, 2019-2032 (USD Billion)
- 7.5. Supermarkets
- 7.5.1. Global Retail Automation Market, by Supermarkets, By Region, 2019-2032 (USD Billion)
- 7.6. Fuel Stations
- 7.6.1. Global Retail Automation Market, by Fuel Stations, By Region, 2019-2032 (USD Billion)
- 7.7. Retail Pharmacies
- 7.7.1. Global Retail Automation Market, by Retail Pharmacies, By Region, 2019-2032 (USD Billion)
- 7.8. Others
- 7.8.1. Global Retail Automation Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Retail Automation Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Retail Automation Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Retail Automation Market - North America
- 8.3.1. North America: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.3.2. North America: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.3.3. North America: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.3.4. Retail Automation Market - U.S.
- 8.3.4.1. U.S.: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.3.5. Retail Automation Market - Canada
- 8.3.5.1. Canada: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.4. Retail Automation Market - Europe
- 8.4.1. Europe: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.4.4. Retail Automation Market - UK
- 8.4.4.1. UK: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.4.5. Retail Automation Market - France
- 8.4.5.1. France: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.4.6. Retail Automation Market - Germany
- 8.4.6.1. Germany: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.4.7. Retail Automation Market - Italy
- 8.4.7.1. Italy: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.4.8. Retail Automation Market - Spain
- 8.4.8.1. Spain: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.4.9. Retail Automation Market - Netherlands
- 8.4.9.1. Netherlands: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.4.10. Retail Automation Market - Russia
- 8.4.10.1. Russia: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.5. Retail Automation Market - Asia Pacific
- 8.5.1. Asia Pacific: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.5.4. Retail Automation Market - China
- 8.5.4.1. China: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.5.5. Retail Automation Market - India
- 8.5.5.1. India: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.5.6. Retail Automation Market - Malaysia
- 8.5.6.1. Malaysia: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.5.7. Retail Automation Market - Japan
- 8.5.7.1. Japan: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.5.8. Retail Automation Market - Indonesia
- 8.5.8.1. Indonesia: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.5.9. Retail Automation Market - South Korea
- 8.5.9.1. South Korea: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.6. Retail Automation Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.6.4. Retail Automation Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.6.5. Retail Automation Market - UAE
- 8.6.5.1. UAE: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.6.6. Retail Automation Market - Israel
- 8.6.6.1. Israel: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.6.7. Retail Automation Market - South Africa
- 8.6.7.1. South Africa: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.7. Retail Automation Market - Latin America
- 8.7.1. Latin America: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.7.4. Retail Automation Market - Mexico
- 8.7.4.1. Mexico: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.7.5. Retail Automation Market - Brazil
- 8.7.5.1. Brazil: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Retail Automation Market, by Product, 2019-2032 (USD Billion)
- 8.7.6. Retail Automation Market - Argentina
- 8.7.6.1. Argentina: Retail Automation Market, by Implementation, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Retail Automation Market, by End Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Retail Automation Market, by Product, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. 6 River Systems LLC
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Amazon Web Services, Inc
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Casio Computer Co. Ltd
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Datalogic S.p.A
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Diebold Nixdorf, Incorporated
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. E&K Automation GmbH
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. ECR Software Corporation
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Ramboll Group
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Honeywell Scanning and Mobility
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Kiosk & Display LLC
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Kuka AG
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. NCR Corporation
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Pricer AB
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Toshiba Global Commerce Solutions Inc
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Wincor Nixdorf AG
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Zebra Technologies Corporation
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development