The Retail Automation Market to see 16.7% CAGR to 2020: Detailed Segmentation by Product Type, and Industry Vertical
The global Retail Automation market is expected to reach $275.43billion by 2020, at a CAGR of 16.7% between 2014 and 2020. The lucrative growth rate of the retail market in future is the major factor driving the Retail Automation market. Retail Automation has not only made the shopping experience easy and convenient for shoppers but has also enhanced their expectation for better quality of service. The stationary/fixed point of sale (POS) terminal is expected to have a higher market size as compared to the mobile/portable POS terminal and contactless POS terminal, in the physical electronic POS terminal category. The major reason behind its market size is due to the low adoption rate of mobile and contactless POS terminal among retailers. The food/non-food industry holds the highest market share in Americas Retail Automation market, due to the rise in the income level of shoppers, and the convenience provided by retail automated products to the shoppers, during shopping. However, Europe is estimated to grow at the highest growth rate between 2014 and 2020. Complete report on Data Retail Automation Market by Product Type (Physical Electronic POS and Unattended Terminal), Industry (Food/Non-food, Oil & Gas, Transport & Logistics, Healthcare & Personal Care, and Hospitality), & Geography - Analysis & Forecast to 2014 - 2020 is available at http://www.reportsnreports.com/reports/268527-retail-automation-market-by-pos-products-kiosk-sco-cash-register-receipt-printer-currency-counter-weight-scale-barcode-reader-supply-chain-products-belt-conveyor-scissor-lift-electronic-shelf-label-geography-2013-2018-.html .
The global retail automation market has been segmented into three categories that include: products type, industry vertical, and geography. The product segment includes physical electronic point of sale (POS) terminal and unattended terminal. The industry segment includes food/non-food, oil & gas, transportation & logistics, health & personal care, and hospitality, among others. The Retail Automation market has also been segmented based on geography. The market by geography has been classified into various economic regions such as Americas, Europe, APAC, and ROW, out of which the Americas hold the largest share.
The prominent players that offer various products in the Retail Automation market are Datalogic S.P.A, First Data Corporation, Fujitsu Limited, Honeywell Scanning & Mobility, NCR Corp, Posiflex Technology Inc, Pricer, Toshiba Global Commerce Solutions Inc, Wincor Nixdorf AG and Zebra Technologies Corp. Order a copy of this research at http://www.reportsnreports.com/purchase.aspx?name=268527 .
The objective of the research study was to analyze the market trends for each of the product type, the growth rates of various products, and their comparison with other products. Apart from the market segmentation, the report also covers Porter's five force analysis, value chain with detailed process flow diagram, and market dynamics such as drivers, restraints, and opportunities for the overall retail automation market. Inquire for discount on this research report @ http://www.reportsnreports.com/contacts/discount.aspx?name=268527 . (This is a premium research report priced at US$ 4650 for single user license).
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