Supermarket AI-powered Checkout Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solution, Services); Organization Size (Large Enterprise, Small and Medium Enterprise) and Geography
Report Code: TIPRE00018421
| No. of Pages: 150
| Category: Technology, Media and Telecommunications
| Status: Upcoming
The retailers operating across the world are constantly investing towards the adoption of more effective strategies to drive their revenue growth. The AI-powered checkouts offer the retailers the ability to further boost the automation of their multiple processes as well as workflows, which eases their operations, thus creating profitable opportunities for the Supermarket AI-Powered Checkout market in the forecast period.
The "Global Supermarket AI-Powered Checkout Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the supermarket AI-powered checkout market with detailed market segmentation by component, organization size, and geography. The report provides key statistics on the market status of the leading supermarket AI-powered checkout market players and offers key trends and opportunities in the market.
Based on component, the global supermarket AI-powered checkout market is segmented into solution and services.
On the basis of organization size, the market is segmented into large enterprise and small and medium enterprise.
MARKET DYNAMICS Drivers:
The rising adoption of advanced technologies across the retail sector s is driving the growth of the supermarket AI-powered checkout market.
The mounting integration of AI technology and growing e-commerce industry is anticipated to create market opportunities for the Supermarket AI-Powered Checkout market during the forecast period.
Lack of skilled or expert workforce may restrain the growth of the supermarket AI-powered checkout market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The supermarket AI-powered checkout market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the supermarket AI-powered checkout market in these regions.
IMPACT OF COVID-19ON SUPERMARKET AI-POWERED CHECKOUT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the supermarket AI-powered checkout market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from supermarket AI-powered checkout market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the supermarket AI-powered checkout market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
FOCAL SYSTEMS INC.
Accel Robotics Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Mashgin, Inc.
2. AiFi Inc.
3. FOCAL SYSTEMS INC.
4. Accel Robotics Corporation
5. Toshiba Corporation
6. Fujitsu Limited
7. NCR Corporation
8. Standard Cognition