Retail Automation Market Size to Worth USD 56.12 Billion by
From GlobeNewswire: 2025-05-22 02:00:00
The Retail Automation Market is on the rise, with a value of USD 24.36 billion in 2023 expected to reach USD 56.12 billion by 2032, driven by AI, robotics, and contactless solutions. The U.S. market is worth USD 5.96 billion in 2023 and will see a CAGR of 9.81% to meet the demand for faster transactions and contactless services.
Leading players in the market include Toshiba, NCR Corporation, Diebold Nixdorf, Fujitsu, Honeywell, Zebra Technologies, and more. The market scope includes segments like implementation, products, and end-use, with key drivers being AI, machine learning, and contactless solutions for enhanced efficiency.
The retail automation market is seeing growth in the in-store segment with self-checkout systems, electronic shelf labeling, and interactive kiosks, while the warehouse segment is expected to grow fastest due to demand for supply chain efficiency. In terms of products, Point-of-Sale systems dominate, with cameras expected to grow rapidly for customer behavioral analysis.
In 2023, North America led the retail automation industry, driven by advanced retail structures and early tech adoption. Meanwhile, Asia Pacific is projected to be the fastest-growing region, thanks to urbanization and a growing organized retail sector. Major players like Walmart and Alibaba are investing in self-checkout systems and smart retail solutions.
Recent developments include Fujitsu unveiling unified commerce solutions and Honeywell’s AI in Retail Survey revealing plans for AI adoption among retailers. With a focus on AI, IoT, and data-driven customer experiences, the retail automation market is set to revolutionize the retail industry, offering more efficient and innovative solutions for consumers.
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