(PRWEB) December 27, 2014 -- The new research report expects the "Retail Automation Market" to reach $275.43 Billion by 2020. It expects the market to maintain a CAGR of 16.7% from 2014 to 2020.
Explore “Retail Automation Market” with help of thorough ToC, Data Tables and Figures spread across over 195 Report Pages.
http://www.marketsandmarkets.com/Market-Reports/retail-automation-market-1247.html
Early buyers will receive 10% customization on this report.
Retail automation has witnessed profound growth in the last five years. Governments from around the world are imposing stringent regulations on this industry. The retailers on the other hand want to save costs on the industry products. According to the report, both these factors are expected to be the key drivers for the retail automation market. Growing awareness of wireless technologies and the developments towards the integration of such technologies are also expected to propel the market growth in the future.
The report provides detailed segmentation of the market based on the types of products, industry verticals, and geographic regions. The basic objective of this research study is to analyze the market trends, growth opportunities and competitive outlook for the key players.
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According to the report, the factors such as lucrative growth opportunities in future and growing customer demand for better service quality are some of the major growth drivers for this market. Apart from that, factors like cost cutting efforts from the retailers and rising demand for the retail automation products are also expected to increase the growth rate of the retail automation market, especially in North America.
This report profiles all the major companies involved in the retail automation industry. These companies include Datalogic S.p.A (Italy), First Data Corp. (U.S.), Fujitsu Ltd. (Japan), Honeywell Scanning & Mobility (U.S.), NCR Corp. (U.S.), Posiflex Technology, Inc. (Taiwan), Pricer (Sweden), Toshiba Corp. (Japan), Wincor Nixdorf AG (Germany), and Zebra Technologies Corp. (U.S.).
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