Global Automated Retail Market to Register Stellar Compound Annual Growth Rate Through 2021
Verfasser: yogesh on Tuesday, 12 February 2019Automated retail market is a self-service category in the form of standalone machines located in high traffic areas such as airports and malls and convenient stores. In an era of growing mobility, the consumers demand for easy access to products and services anytime and from anywhere. The global retail industry is growing and developing with extraordinary changes. The retailers need advanced systems in order to balance the market needs such as cost reduction, result accuracy and quick processing. Automation can control the inventory flow of a retail store, departmental store, supermarket, or a mall. Retail automation is the turn key solution to these requirements by providing automated kiosk machines and point of sale terminals which include all the necessary hardware, technology as well as services. The continuous growth of these self-service machines such as kiosk, and the self-checkout system is increasing the overall growth of retail automation market. The point of sale terminals that include barcode scanners, cash registers and receipt printer are strongly contributing to the retail automation market growth. The retail automation is a boiling trend in the major economies such as the U.S., China, Germany, and so on.
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