Retail Automation Market value of around US$ 33.4 billion by 2030

1. Market Research Report EXCLUSIVE EDITION Global Retail Automation Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Global Retail Automation Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

5. Retail Automation Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 Retail Automation Market by Type (Point-of-Sale, Barcode & RFID, Electronic Shelf Label, Cameras, and Autonomous Guided Vehicle), by Implementation (In-store and Warehouse), by End-Users, by Region – Global Share and Forecast to 2030 Description According to the Market Statsville Group (MSG), the global retail automation market size is expected to grow from USD 14.9 billion in 2021 to USD 33.4 billion by 2030, at a CAGR of 9.4% during the study period from 2022 to 2030. The advent of emerging technologies has disrupted the retail industry, which has boosted the demand for retail automation across the globe. Retailers are opting for customizable solutions that offer exquisite consumer experience, which is driving the growth of the market. Retail industry is witnessing revolutionary changes as the consumer demands are positively impacting the economic growth of a nation. This rise in need to ease the shopping process and provide high-quality services to consumers has significantly boosted the growth of automation in the retail industry. Also, an increase in purchasing power of the consumers improves the nation's economy. This is projected to fuel the market's growth in the coming years. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. Moreover, growing demand for business process optimization in the retail industry is expected to drive the growth of the market. However, the high initial investment and setup cost needed to deploy and implement automation solutions in retail is likely to hinder the market growth. The emergence of opportunistic technologies for the market is expected to boost the adoption of automation in the future. Therefore, technological advancements with real-time data and analytics is expected to provide lucrative opportunities for the global retail automation market. Request Sample Copy of this Report: https://www.marketstatsville.com/request- sample/retail-automation-market Global Retail Automation Market Definition Retail automation is a automated processes that integrates software and hardware solutions to manage retail activities such as product management, workforce management, store audit, inventory management, and others. Typically, retail automation includes self-service processes and standalone kiosks that operate as fully automatic retail stores with the help of software integrations. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. Global Retail Automation Market Dynamics Drivers: Globalization of e-commerce coupled with the advent of IoT Advent of e-commerce across the globe has intensified the delivery competition among players operating in this market. Thus, the rise in adoption of e-commerce automation that automatically categorizes customers for marketing, standardizes visual merchandising, streamlines tracking & reporting, manages high-risk orders, and other such features majorly drive the growth of the global market in the coming years. E-commerce tools that ease the operational processes and channels create high revenue opportunities, increasing the demand for automation among retailers. The e-commerce automation tools provide features such as inventory and order management systems to digitally track the stock levels and inventory status and notify the changes. This reduces the time to manage inventory and eliminates the out-of-stock situation in the retail industry. Hence, the globalization of e-commerce activities is expected to propel the growth of the global retail automation market during the forecast period. Restraints: High initial investment needed to deploy automation in retail The return on investment is high for automation, and the duration required to gain profits is relatively high. Thus, retailers with limitations on migration budgets are lagging behind in adopting complete automation solutions, which is expected to hamper the market growth. In addition, solutions such as automated guided vehicles and automated robotic systems have high initial investments, which may hinder the market's growth. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. Moreover, advance automation approaches give rise to technological complexity that involves high- risk implementation, large investments, transformation projects, and prolonged payback periods, which are major factors expected to restrain the growth of the global retail automation market. Segments of the Global Retail Automation Market The study categorizes the retail automation market based on type, implementation, and end-users at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy-now/retail- automation-market?opt=2950 By Type Outlook (Revenue, USD Million, 2017-2030) •Point-of-Sale (POS) •Barcode & RFID •Electronic Shelf Label (ESL) •Cameras •Autonomous Guided Vehicle (AGV) •Others © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. By Implementation Outlook (Revenue, USD Million, 2017-2030) •In-store •Warehouse By End-Users Outlook (Revenue, USD Million, 2017-2030) •Hypermarkets •Supermarkets •Single Item Stores •Fuel Stations •Retail Pharmacies By Region Outlook (Revenue, USD Million, 2017-2030) •North America • US • Canada • Mexico •Europe • Germany • Italy • France • UK • Spain © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

10. Poland Russia The Netherlands Norway Czech Republic Rest of Europe • • • • • • •Asia Pacific • • • • • • • • • • •South America • • • • •The Middle East & Africa • Saudi Arabia • UAE • South Africa • Northern Africa • Rest of MEA China Japan India South Korea Indonesia Malaysia Thailand Singapore Australia & New Zealand Rest of Asia Pacific Brazil Argentina Colombia Rest of South America © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

11. The POS segment is projected to account for the largest market share, by type Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/retail-automation-market Depending on the type, the global retail automation market is classified into Point-of-Sale, electronic shelf label, barcode & RFID, camera, autonomous guided vehicle, and others. In POS had the largest market share of 34.1% in the global retail automation market. Point-Of-Sale (POS) system operates as a computerized network. These computers are linked with several checkout terminals at the point of purchase and include hardware from barcode scanners to card payment terminals. POS systems usually display the completion of the retail transaction. The retail industry has been significantly evolving since the past decade. The need to provide exquisite shopping experiences that can help retailers increase customer retention is fueling the need to adapt to on-going digitalization strategies such as automation. Thus, integrating technologies with smart devices has witnessed high growth in the retail industry. In addition, computers that operate loyalty management, payment processing, store sales, and coupons seamlessly and securely with backend management systems such as inventory, order, fulfillment, and customer experience, are experiencing rapid growth. These factors are expected to drive the growth of the POS segment in the global market during the forecast period. Asia Pacific accounts for the highest CAGR during the forecast period © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 11

12. Based on the regions, the global retail automation market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Asia Pacific is estimated to be the fastest-growing region with a CAGR of 11.5% during the forecast period (2022-2030). The Asia-Pacific retail automation market is analyzed across countries such as China, Japan, India, and the rest of Asia-Pacific. Asia-Pacific-based businesses and government entities are restructuring their strategies around automation due to growth in consumer purchasing power and the advent of digitalization in the region. Further, rise in the development of a smart supply chain where the data is generated by ecosystems of providers, suppliers, retailers, and distributors, proliferates the high demand for automation services in this region. As analytics is a smart supply chain that collaborates with the value chain and workers to gain optimal operational efficiency. This is a major reason to boost the adoption of analytics in the retail industry and is expected to fuel the market's growth during the forecast period. In addition, Asia-Pacific countries are expected to witness a high growth rate in the global market due to the rapid adoption of advanced technologies among retail businesses and the industrial sector, which is projected to make it a key competitor worldwide in the coming years. Request For Report Description: https://www.marketstatsville.com/retail-automation- market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 12

13. Thank You Thank You Market Market Statsville StatsvilleGroup (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 800 Third Avenue Suite A #1519 New York, NY 10022 Phone : +1 (646) 663-5829 Mail : sales@marketstatsville.com