Global Retail Automation Market Size, Share, Research & Analysis Pr

1. Global Retail Automation Market to be Propelled by the Immense Need for Contactless Mode of Payment and the Several Advantages of a Great Customer Service by CAGR of ~11% During 2023 – 2033 Kenneth Research published a report titled “Retail Automation Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global retail automation market in terms of market segmentation by type, component, implementation, end user, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. The global retail automation market is expected to hold a revenue of ~ USD 34 billion by 2033, growing from ~ USD 14 billion in 2022. The market growth can be attributed to the demand for contactless payments, good customer service, robotic process automation (RPA), better inventory planning, and the large-scale use of Europay, MasterCard, and Visa (EVM) cards.

2. The global retail automation market is expected to grow at a CAGR of approximately 11% from 2023-2033. The market is segmented by type into POS, RFID, ESL, cameras, autonomous guided vehicle, automatic storage, and retrieval system, automated conveyer, warehouse robotics, and more. Of these, the POS segment is anticipated to hold the largest market share by the end of 2033, owing to the successful and wide use of near-field communication (NFC) technology for contactless payments. For more information’s@https://www.kennethresearch.com/report-details/global- retail-automation-market/10064160 The global retail automation market is divided into five major regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is projected to hold the largest market share by the end of 2033, backed by customer preference for contactless payments and the use of technologies, including NFC and radio frequency identification (RFID). The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. Advantages that Come from a Good Customer Service to Boost the Market Growth More than 94% of customers consider satisfactory customer service to be a decisive factor in maintaining brand loyalty. A retail business can ensure good customer service

3. with the help of many factors, of which the most important is internal workflow automation. The other factors include automated e-mail responses, self-service knowledge bases, interactive voice response (IVR) for customer calls, live AI-assisted chatbots on websites or apps, and more. These factors, when implemented correctly reduced human error and facilitate prompt assistance to the customers. However, the unfamiliarity with retail automation in developing economies, the concerns about data security and privacy, and the growth of e-commerce are expected to operate as key restraints to the growth of the global retail automation market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global retail automation market which includes company profiling ofFujitsu Limited, Zebra Technologies Corporation, Posiflex Technology, Inc., NCR Corporation, Datalogic S.p.A., Diebold Nixdorf, Inc., Honeywell International Inc., Fiserv, Inc., KUKA AG, Toshiba Tec Corporation, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global retail automation market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Request Report Sample@ https://www.kennethresearch.com/sample-request- 10064160 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

4. Contact for more Info: AJ Daniel Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609