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.

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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. 

North America holds possession to numerous retailing giants Metro Inc., Publix Super Markets, Inc., Sysco Corporation, US Foods, and Walmart, Inc., among more. These companies are at the forefront of the retailing space and are leading the market in every way, including the implementation of services that could make their operations easier, increase efficiency, and increase the profit margins. 

Research Methodology

The market study of the North American retail automation market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. North American Retail Automation Market Research and Analysis by Component
2. North American Retail Automation Market Research and Analysis by End-user

The Report Covers

• Comprehensive research methodology of the North American retail automation market.
• This report also includes a detailed and extensive market overview with the key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American retail automation market.
• Insights about market determinants which are stimulating the North American retail automation market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.