DUBLIN, April 16, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/rhbctc/retail_automation) has announced the addition of the "Retail Automation Market by POS Products, Supply Chain Products & Geography - Forecast to 2018" report to their offering.
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Retail Automation is the future of the retail market. Automated products' demand will be driven by various factors such as the retailers' need to reduce the operational cost of retail stores, and customers' need for improved and sophisticated services during the shopping. Automated products are, relatively, a new invention, which not only allows the user to reduce functional time but also provides the feel of sophistication in service.
Automated machines are the easiest tools for completing the functions inside a retail store. There are various automated products available in the retail automation market, which facilitate better service in retailing such as self checkout systems, cash registers, barcode scanners, and card readers. Not only the point of sale, but even the supply chain area also requires automation in order to present a sophisticated touch to the overall retail store. Some of the products suitable for supply chain automation are belt conveyor, scissor lift, and electronic shelf label. Automation, allows retailers as well as customers to perform and experience a secure transaction process.
The global market is expected to grow at a CAGR of 13.09% in the next five years (2013-2018) so as to reach $973.67 billion in 2018. In this report drivers, restraints, and opportunities for the retail automation market are also covered. The major driving factors for the market are the growth of the retail market and there retailers' desire to reduce the operational costs. In the report, different products are discussed; like point of sales terminals, and supply chain automated products.
Some of the major companies dominating this 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).
Geographically, the global market is majorly covered by Americas. The Americas market is followed by the European market, which is driven by some of the major countries in the European region; such as Germany, the U.K., and France. The APAC market follows the European market, and its growth depends on countries such as Japan, China, and India. The ROW market is still very small as compared to other regions such as Americas, Europe, and APAC but displays good growth prospects in the near future.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Retail Automation Pos Market, By Product
5 Retail Automation Market, By Supply Chain Products
6 Retail Automation Market By Geography
7 Competitive Landscape
8 Company Profiles
- Casio Computer Co
- Connected Technology Solutions
- First Data Corporation
- Fujitsu Limited
- Honeywell Scanning And Mobility
- Intermec Technologies Corporation (Acquired By Honeywell)
- Motorola Solutions, Inc
- Ncr Corporation
- Posiflex Technology, Inc
- Seiko Epson Corp
- Store Electronic System Sa
- Toshiba Global Commerce Solutions, Inc (A Toshiba And Ibm Companny)
- Unitech Electronics Co Ltd
- Verifone Systems Inc
- Wincor Nixdorf
For more information visit http://www.researchandmarkets.com/research/rhbctc/retail_automation
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets