North American Retail Automation Market to Signify Strong Growth by 2023-2029

The North American retail automation market is anticipated to grow at a CAGR of 11.7% during the forecast period. The retailing sector in North America is on a boom, with major retailers investing heavily, which has owed to the increasing economy. The growth of North America’s economy can be attributed to lower taxes in the US, and recent reforms aimed at bringing offshore cash back home. Owing to consumer confidence and a resurgence of the US retail sector, there has been a significant increase in the demand for improved customer services. Consequently, the increasing number of retailers are adopting retail automation solutions in the region.

Besides, North America have harnessed advanced retailing by exploring the boundaries of technology, science, and commerce to meet immediate end-user demand and to create a high standard of living. The US retail economy and rise in GDP growth are driving the force of economic growth, innovation, and productivity in North America.

The North American retail automation market is segmented based on components and end-user. Based on the component, the retail automation market is segmented into hardware and software. To sub-segmentize, the hardware is based on barcode scanner, POS systems, vending machines, self-scan checkout systems, other hardware types. Software is further evaluated as workforce management software, supply chain, inventory management software, retails apps and online store applications.

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North American Retail Automation Industry Market Segmentation

By Component

  • Hardware
  • RFID and Barcode Scanner
  • POS Systems
  • Vending Machines
  • Self Scan Checkout systems
  • Other Hardware Types
  • Software
  • Workforce Management Software
  • Supply Chain and Inventory Management Software
  • Retails Apps and Online Store Applications

By End-user

  • Supermarkets
  • Hypermarkets
  • Convenience Stores
  • Fuel Stations
  • Retail Pharmacies
  • Online Stores

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Regional Analysis

  • United States
  • Canada

Company Profiles

  • Blue Yonder Group, Inc.
  • Diebold Nixdorf, Incorporated
  • ECR Software Corp.
  • EMARSYS
  • Fiserv, Inc.
  • Honeywell International Inc.
  • LISNR, Inc
  • McKesson Canada
  • Microsoft Corp.
  • NCR Corporation
  • Orpak Systems Ltd.
  • ONE
  • SMA Technologies
  • Swyft
  • Tangentia Inc.
  • Toshiba Global Commerce Solutions
  • Tradeshift
  • WorkFusion, Inc.
  • Xerox Corp.
  • Zebra Technologies Corp.

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