unmanned stores market, unmanned stores market growth, unmanned stores market trends, unmanned stores market outlook, unmanned stores market overview, unmanned stores market forecast
How large is the unmanned stores market, and what is its growth trajectory?
The unmanned stores market size has grown exponentially in recent years. It will grow from $86.26 billion in 2024 to $116 billion in 2025 at a compound annual growth rate (CAGR) of 34.5%. The growth in the historic period can be attributed to the implementation of self-checkout kiosks in supermarkets and retail stores, growing consumer preference for quick and easy shopping experiences, increasing interest in contactless shopping and payment options, rising labor costs and the need to optimize operational efficiency, reduce reliance on human labor.
The unmanned stores market size is expected to see exponential growth in the next few years. It will grow to $376.12 billion in 2029 at a compound annual growth rate (CAGR) of 34.2%. The growth in the forecast period can be attributed to the expansion of e-commerce giants, development of smart cities incorporating unmanned retail solutions, availability of high-speed internet, supply chain integration, last-mile delivery innovations, and focus on energy-efficient and sustainable retail solutions. Major trends in the forecast period include enhanced artificial intelligence algorithms, advances in computer vision technology, real-time inventory tracking, focusing on data privacy and security, and eco-friendly solutions.
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What are the key forces behind the unmanned stores market’s growth in recent years?
The increasing popularity of e-commerce is expected to propel the growth of the unmanned stores market going forward. E-commerce, or electronic commerce, refers to the buying and selling of goods or services using the internet or other electronic means. The popularity of e-commerce is rising due to its convenience, wide product selection, and the ability to shop from anywhere at any time. E-commerce drives the development of unmanned stores by fostering consumer expectations for seamless, automated, and convenient shopping experiences. For instance, in May 2024, according to the United States Census Bureau, a US-based government agency, in the first quarter of 2024, U.S. retail e-commerce sales totaled $289.2 billion, showing a 2.1% increase from the fourth quarter of 2023. During the same period, total retail sales increased by 1.5%. E-commerce sales in the first quarter of 2024 constituted 15.9% of total retail sales. Therefore, the increasing popularity of e-commerce is driving the growth of the unmanned stores market.
What are the major segments of the unmanned stores market?
The unmanned stores market covered in this report is segmented –
1) By Store Type: Fully Automated, Semi-Automated Self-Service Kiosks
2) By Payment Mode: Cashless, Cash
3) By Offering: Solution, Services
4) By Deployment: Indoor, Outdoor
5) By End-User Industry Application: Hospitality And Restaurant, Health And Pharmaceutical, Fast-Moving Consumer Goods, Other End User Industry Applications
Subsegments:
1) By Fully Automated: Smart Vending Machines, Autonomous Retail Stores, Automated Checkout Systems, RFID-Based Stores, AI-Driven Automated Inventory Management
2) By Semi-Automated Self-Service Kiosks: Self-Checkout Kiosks, Self-Order Kiosks, Digital Price Tag Kiosks, Interactive Product Information Kiosks, Self-Help Kiosks
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Which companies dominate the unmanned stores market?
Major companies operating in the unmanned stores market are Amazon.com Inc., Alibaba Group Holding Limited, 7-Eleven Inc., Panasonic Holdings Corporation, Toshiba Corporation, Trigo Group, Scandit AG, Zippin, Delfi Technologies, Accel Robotics Corporation, Turck Vilant Systems Oy, AiFi Inc., Sensei LLC, SandStar, Wheelys, PIXEVIA, Grabango, MishiPay Ltd., Pick and GO, Cloudpick AI
What major trends will shape the unmanned stores market during the forecast period?
Major companies operating in unmanned stores are focusing on developing advanced technologies, such as RFID-enabled micro-stores designed for contactless on-the-go purchasing, to gain a competitive edge in the market. RFID-enabled micro stores are compact retail spaces that utilize radio frequency identification (RFID) technology to streamline operations, enhance inventory management, and improve the overall shopping experience. For instance, in May 2022, Selfly Store, a Finland-based vending machine provider, launched a new intelligent cabinet series for automated, unmanned retail. Selfly Store’s new intelligent cabinet series utilizes cutting-edge RFID, sensors, cloud computing, and IoT technologies to enhance consumer convenience. These unmanned, fully digitalized cabinets enable cost-efficient meal and snack offerings in hotels, offices, and other venues. The range includes Selfly Fresh for room-temperature goods, Selfly Cool for refrigerated items, and Selfly Frozen for frozen products.
What are the key regional dynamics of the unmanned stores market, and which region leads in market share?
North America was the largest region in the unmanned stores market in 2023. The regions covered in the unmanned stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Unmanned Stores Market Report 2025 Offer?
The unmanned stores market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Unmanned stores, or automated or cashier-less stores, refer to retail establishments that operate without traditional human cashiers or checkout counters. These stores typically use advanced technologies such as computer vision, sensors, and artificial intelligence to track items selected by customers and automatically charge them through digital payment systems.
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