Perspectives on In-Store Retail Technologies

We are delighted to share our insights regarding the In-store Retail Technologies industry, aiming to inform market participants, as well as financial and strategic investors, about the significant trends, market dynamics, and M&A/investment patterns in this space. The report emphasizes the sector’s growth potential and highlights notable innovators and recent transactions in the space.

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We observed that prominent retailers are actively leveraging Artificial Intelligence (AI), robotics, Internet of Things (IoT), and Augmented Reality/Virtual Reality (AR/VR) technologies to create personalized, seamless, touchless, and interactive shopping experiences. By incorporating these tools, retailers not only enhance customer satisfaction but also optimize their operational efficiency and foster deeper customer engagement. The report further highlights additional notable trends, including:

  • The global retail automation market is likely to reach $35BN by 2030, registering a CAGR of 10% during 2022-30, mainly led by rising deployment of automation technologies like AR/VR, robotics, analytics, self-checkouts, etc. by retailers
  • Retailers are actively adopting robotics to enhance various aspects of their operations. This trend has not gone unnoticed by financial investors, who have swiftly recognized its potential and increased their investments in robotics firms
  • Major retailers have started leveraging location-based marketing to increase foot traffic, offer relevant ads., create in-store Customer experience, and boost loyalty
  • Since COVID-19, VCs have been infusing cash in companies offering solutions for autonomous stores
  • Financial investors have actively acquired majority stakes in retail tech firms in the past few quarters