The E&SC practice at MarketsandMarkets is pleased to announce its Analyst Briefing presentation on the "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)", to be held on 8 October, 2013.
Retail automation products are of two types, namely point of sale and supply chain. The Point of sale (POS) includes products such as kiosk, Self Checkout system (SCO), cash register, receipt printer, currency counter, weight scale, barcode reader, pin pad, card reader, and contactless card reader. In the report, we have considered only the ‘product vending kiosk’.
The growth rate of the retail automated product unit shipments is growing rapidly. At present in 2013, it is 43.14 million units; and it is estimated to reach 96.19 million units in 2018 at a CAGR of 17.39% between 2013 - 3018. The major driving factors for the retail automation market are the developing retail sector and the customers’ need for sophisticated services.
Global retail automation market is expected to reach $970.62 billion by 2018, at an estimated CAGR of 13.09% from 2013 to 2018.
Various innovations are taking place to develop the retail automation market; such as touch screen kiosk, and use of tablets and smart phones at POS (Point Of Sale). Various big corporate entities like Google (U.S.), and Apple (U.S.), are interested in manufacturing automated products..
The overall retail automation market is segmented into three major segments, namely point of sale, supply chain and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately described in the report. Geography-wise segmentation is also done for the retail automation market. Geography is segmented on the basis of the four major regions, namely Americas, Europe, APAC, and Rest of the World (ROW).
Some of the major companies dominating the retail automation market are Verifone (U.S.), Pricer (Sweden), SES (France), Toshiba (U.S.), NCR (U.S.), First Data (U.S.), Zebra Technologies, Motorola, Casio, Posiflex (Taiwan), Wincor-Nixdorf (Germany), Eltrade (Bulgaria), Fujitsu (Japan), CTS (U.S.), and Ingenico (France).
The figure below shows the estimated continuous growth of the retail automation market in the coming five years from 2013 to 2018.
Source: MarketsandMarkets Analysis
The agenda for the briefing includes discussion on key high growth markets, thereby marking the growth trend in the global retail automation market. Furthermore, a briefing will be conducted on the competitive scenario and geographic trends and opportunities in the macro and micro-markets with respect to Americas, Europe, Asia-Pacific, and ROW.
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