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Retail Automation Market Share

ID: MRFR//2792-CR | 128 Pages | Author: Shubham Munde| February 2024

Introduction: Navigating the Future of Retail Automation

The automation of retailing is undergoing a revolutionary change, prompted by the rapid development of technology, the evolution of consumer tastes, and the regulatory demands for efficiency and sustainable development. This market is dominated by a variety of manufacturers, system integrators, and IT service companies, as well as a small number of smart hardware companies and AI technology companies. The manufacturers focus on advanced automation, IoT, and big data solutions to increase operational efficiency, while the IT service companies emphasize smooth integration and data analysis. The use of AI and biometrics is becoming a major source of differentiation, as these solutions can provide a more personalized experience for consumers and optimize operations. In the future, as green development becomes a priority for retailers, companies that can align their offerings with these goals will have an advantage. Strategic deployment of automation technology in North America and Asia-Pacific is expected to have a long-term positive effect on the success of early adopters.

Competitive Positioning

Full-Suite Integrators

These vendors provide comprehensive solutions that integrate various retail automation technologies into a cohesive system.

VendorCompetitive EdgeSolution FocusRegional Focus
NCR Corporation End-to-end retail solutions Point of Sale (POS) systems Global
Toshiba Global Commerce Solutions Innovative retail technology POS and retail management North America, Europe
Fujitsu Strong IT integration capabilities POS systems and services Asia, Europe
Diebold Nixdorf, Incorporated Robust banking and retail solutions ATM and POS systems Global

Specialized Technology Vendors

These vendors focus on niche technologies that enhance specific aspects of retail automation.

VendorCompetitive EdgeSolution FocusRegional Focus
Datalogic S.P.A. Expertise in data capture Barcode scanners and mobile computers Global
Honeywell International Inc Advanced scanning technology Scanning and mobility solutions Global
UiPath Leader in robotic process automation Automation software Global

Infrastructure & Equipment Providers

These vendors supply the hardware and infrastructure necessary for retail automation.

VendorCompetitive EdgeSolution FocusRegional Focus
Posiflex Technology, Inc Durable POS hardware POS terminals and peripherals Asia, North America
Kuka AG Robotics expertise for automation Robotic systems Global
Zebra Technologies Corp Innovative tracking solutions Barcode and RFID solutions Global
Kiosk & Display Custom kiosk solutions Kiosk technology North America, Europe
Xerox Corporation Document management expertise Printing and document solutions Global
Probiz Technologies Tailored retail solutions Retail technology services Asia
Ek Robotics GmbH Specialized in logistics automation Robotic automation solutions Europe

Emerging Players & Regional Champions

  • Zebra Technologies (USA): Specializes in mobile computing and data capture solutions, recently partnered with major retailers for inventory management systems, complementing established vendors by enhancing real-time data visibility.
  • Nuro (USA): Focuses on autonomous delivery vehicles for retail, recently secured contracts with grocery chains for last-mile delivery, challenging traditional logistics providers by offering a tech-driven alternative.
  • Slyce (Canada): Offers image recognition technology for retail automation, recently implemented solutions in fashion retail to streamline checkout processes, complementing existing POS systems with innovative tech.
  • Caper (USA): Provides smart shopping carts equipped with checkout technology, recently deployed in several grocery stores, challenging traditional checkout methods and enhancing customer experience.
  • Trigo (Israel): Develops AI-powered checkout-free technology, recently launched in several European supermarkets, challenging established vendors by providing a seamless shopping experience without traditional checkouts.

Regional Trends: In 2023, the use of AI and machine learning is likely to increase in North America and Europe, as the focus shifts to improving the customer experience and increasing efficiency. In the Asia-Pacific region, the rapid growth of e-commerce and changing consumer habits are driving the rise of mobile payment solutions and automation of warehouses.

Collaborations & M&A Movements

  • Amazon and Shopify entered into a partnership to integrate Amazon's logistics services with Shopify's e-commerce platform, aiming to enhance delivery efficiency and expand market reach in the retail automation sector.
  • Walmart acquired a minority stake in the robotics company Bossa Nova Robotics to leverage its inventory management technology, thereby strengthening its competitive positioning in the automated retail space.
  • Zebra Technologies and Microsoft announced a collaboration to develop AI-driven analytics solutions for retail environments, focusing on improving operational efficiency and customer experience.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Biometric Self-Boarding NEC Corporation, Gemalto NEC has implemented biometric self-boarding solutions in major airports, enhancing passenger flow and reducing wait times. Gemalto's technology is noted for its high accuracy and security, with successful deployments in various retail environments.
AI-Powered Ops Mgmt IBM, Oracle Artificial intelligence from IBM is used to predict inventory trends and to optimize operations. Oracle’s cloud solutions are based on artificial intelligence, which has been proven in case studies to reduce costs.
Border Control Thales Group, SITA Thales offers advanced border control solutions that leverage biometric data for enhanced security. SITA's Smart Border technology has been adopted in multiple countries, streamlining the border crossing process and improving traveler experience.
Sustainability SAP, Microsoft The success of SAP’s solutions for sustainable retail is based on the reduction of CO2 emissions and the reduction of the carbon footprint. The Microsoft Azure platform supports the data analysis of the various case studies.
Passenger Experience Amazon, Zebra Technologies Amazon’s Just Walk Out technology enhances the shopping experience by removing the need to stand in line. It has been successfully tested in Amazon Go shops. Zebra provides mobile solutions to enhance customer engagement and optimize retail operations.

Conclusion: Navigating the Retail Automation Landscape

The competition in the Retail Automation Market in 2023 will be characterized by a fragmented landscape, with both the old and new players fighting for dominance. The vendors are expected to adopt the localized solutions as they adapt to the diverse customer preferences and regulatory frameworks. The established players are focusing on the expansion of their market presence and customer relationships, while the new players are focusing on the innovation of the capabilities of retail automation, artificial intelligence, and automation. The ability to offer flexible solutions will be a key factor for vendors to establish leadership positions in the coming years. Those who are able to focus on these capabilities will not only have a competitive advantage but will also meet the increasing demand for sustainable and flexible retail solutions.

Covered Aspects:
Report Attribute/Metric Details
Growth Rate 18.20% (2024-2032)
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