Increasing number of shopping
marts and growing need for better shopping experience & customer service to
drive global smart shopping cart market
According to TechSci Research report, “Global
Smart Shopping Cart Market
By Technology (Zigbee, RFIDs, Bar Codes), By Application (Supermarket, Shopping
Malls, Others), By Mode of Sales (Direct, Distributor), By Region, Forecast
& Opportunities, 2025”, global smart
shopping cart is expected to witness double digit growth during the forecast
period on account of growth in the number of supermarkets & hypermarkets
and development of IoT (Internet of Things). Additionally, IoT has paved a way
for automated billing process providing benefits to both, shoppers and cashiers
along with cutting down the time of standing and waiting in long queues for
billing. Moreover, there is also a scope of enhancing this product by adding
new innovations like an LCD screen to display item list, suggested items to be
bought and providing sum total of the stocked goods so that it is easier for
the cashier to do his job. Furthermore, an inbuilt map of the mart can also be
added to the cart to make it more advanced.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on "Global
Smart Shopping Cart"
Global smart shopping cart market is segmented based
on technology, application, mode of sales, region and company. Based on
technology, global smart shopping cart market can be segregated into Zigbee, RFIDs and bar codes. Of the tree, RFIDs is anticipated
to lead the market until 2025 as it is the most innovative technology and does
not require line of sight (LOS) for the transformation of data via radio waves.
Additionally, RFID has a reading range of more than 100 feet while that of
Zigbee is limited to 100 feet and for barcodes, the reading range is
considerably less.
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Some of the leading players
in global smart shopping cart market include International Business Machines
Corp, Fujitsu Ltd., Toshiba Corp, Microsoft Corp, V-Mark, Enterprise Limited, SK
Telecom Co Ltd, Oracle Corp, Compaq Computer Corp, Media Cart Holdings Inc., The
Japan Research Institute Ltd and others. In order to expand their market share,
the companies adopt various strategies like new product launches,
collaborations, introduction of attracting offers and many more to attract more
customers. For instance,
Kroger and Microsoft have started working together ona smart shopping cart, which has been carried
forward by Caper Labs.
“In terms of
regional analysis, North America dominated the global smart shopping cart
market in 2019 due to early adoption of the technologies and presence of
leading smart shopping cart companies in countries like US and Canada.
Additionally, these countries have large number of supermarkets and hypermarkets,
which require shopping carts for checkouts. This is anticipated to positively
impact the growth of the smart shopping cart market through 2025.,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Smart Shopping Cart Market By Technology (Zigbee,
RFIDs, Bar Codes), By Application (Supermarket, Shopping Malls, Others), By Mode
of Sales (Direct, Distributor), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global smart
shopping cart market and provided statistics & information on market size, shares,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global smart shopping cart
market.
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Contact
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Tel: +1-646-360-1656
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