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Retail Automation Market Share

Report ID: GMI8662
Published Date: Mar 2024
Report Format: PDF

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Retail Automation Market Share

Honeywell International Inc. and NCR Corporation held a significant share of over 15% in the retail automation industry in 2023. Honeywell International Inc. is a diversified technology and manufacturing company offering a wide range of products and services across various industries. In the market, Honeywell provides solutions such as barcode scanners, mobile computing devices, point-of-sale terminals, and inventory management systems. These technologies help retailers optimize operations, improve efficiency, and enhance the shopping experience for customers.

NCR Corporation is a global leader in omni-channel solutions, providing software, hardware, and services for industries including retail, hospitality, and financial services. In the retail automation industry, NCR offers self-service kiosks, POS systems, inventory management software, and advanced analytics solutions. These offerings streamline operations, improve customer experiences, and drive efficiency for retailers worldwide.

Retail Automation Market Companies

Major players operating in the industry are:

Datalogic S.p.A
Diebold Nixdorf, Incorporated
Fujitsu Limited
Honeywell International Inc.
NCR Corporation
Posiflex Technology Inc.
Zebra Technologies Corporation

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for retail automation was USD 25 billion in 2023 and is expected to register over 10% CAGR from 2024-2032 owing to the rising automation intelligence technology advancements, which is expected to make it possible to create more complex and effective systems worldwide.

Retail automation industry from the warehouse segment is expected to register over 11% CAGR from 2024-2032 due to their ability to maximize the utilization of available space, which is especially important in cities where warehouse space is expensive.

North America industry held over 45% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to growing efficiency demands, a sizable consumer base, and technology improvements in the region.

Datalogic S.p.A, Diebold Nixdorf, Incorporated, Fujitsu Limited, Honeywell International Inc., NCR Corporation, Posiflex Technology Inc., and Zebra Technologies Corporation, are some of the major retail automation companies worldwide.