The use of control systems in equipments of a retail store to atomize the functions of retail store is referred to automation in retail. Various technologies such as automatic vending machines, POS (point of sales), automated retail kiosks and many more are being used presently. The benefits of using automated equipment in the retail stores enlist efficient store management, inventory control and its enhanced customer relationship.
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The goal of this report is to determine the current and future trend in the market, which can help the organizations to opt for this technology. The study covers an in-depth analysis of market potential of all key industrial applications.
On the basis of technology, automated retail market is segmented into POS (point of sale) and supply chain automated products. POS is sub segmented into kiosks, barcode readers, self-check out systems, cash registers, bill/receipt printer, card reader, etc., and the supply chain includes electronic shelf label, belt conveyer, and logistics equipments.
The most popular devices amongst all are card readers and bill printers. They dominate the market by their presence in small as well as hefty stores.Automated retail market can also be segmented on the basis of technology. They are CAD (computer aided designing), NCD (Numerically controlled devices), Robots and information technology. CAD is mostly used due to its high tech applications.
The top players of this market are Sanmina, Toshiba, Pricer, Leviton technologies, Data logic, first data and Fujitsu. Strategic alliances have been the key strategy for the automated retail market.
Toshiba has entered into a strategic alliance with grand care systems for the manufacturing of different sensors.
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