The retail automation market is expected to grow from 16.22 billion USD in 2022 to 40.56 billion USD in 2032. According to FMI, the market is expected to grow at a CAGR of 9.6% over the forecast period.
Technological improvements have been gaining significant traction in the retail automation market over the past couple of years. According to a new study by Future Market Insights (FMI), the retail automation market will surpass US$ 18.62 Bn by 2021. Automation solutions integrated with analytics are expected to offer abundant opportunities in the retail industry.