Worldwide Retail Automation Markets, 2027 - PoS Segment Projected to Grow at a 10.2% CAGR to Reach $9.4 Billion by 2027

DUBLIN, July 15, 2020 /PRNewswire/ -- The "Retail Automation - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Retail Automation Market to Reach US$23.2 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Retail Automation estimated at US$12.2 Billion in the year 2020, is projected to reach a revised size of US$23.2 Billion by 2027, growing at a CAGR of 9.6% over the analysis period 2020-2027.

PoS, one of the segments analyzed in the report, is projected to grow at a 10.2% CAGR to reach US$9.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Barcode & RFID segment is readjusted to a revised 9.5% CAGR for the next 7-year period. This segment currently accounts for a 33.4% share of the global Retail Automation market.

The U.S. Accounts for Over 29.7% of Global Market Size in 2020, While China is Forecast to Grow at a 9% CAGR for the Period of 2020-2027

The Retail Automation market in the U.S. is estimated at US$3.6 Billion in the year 2020. The country currently accounts for a 29.65% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of span >US$4 Billion in the year 2027 trailing a CAGR of 9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR while Rest of European market (as defined in the study) will reach US$4 Billion by the year 2027.

• AGS Transact Technologies Ltd.
• Arkrobot.com
• AURES Technologies SA
• Datalogic S.p.A.
• E&K Automation GmbH
• Fametech Inc. (Tysso)
• First Data Corporation
• Fujitsu Ltd.
• GreyOrange
• Honeywell International, Inc.
• KUKA AG
• NCR Corporation
• Olea Kiosks Inc.
• POS-X
• Posiflex Technologies, Inc.
• Pricer AB
• Probiz Technologies Prvt Ltd.
• Seepoint Technology LLC
• Simbe Robotics, Inc.
• Slabb Inc.
• Toshiba Global Commerce Solutions Inc.
• VeriFone Systems, Inc.
• Wincor Nixdorf
• Zebra Technologies Corporation

Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/jkdsa6

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SOURCE Research and Markets

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