Growing demand for handheld barcode readers and scanners to accelerate market growth
One of the major trends in the Asia Pacific retail automation market is the rising demand for handheld barcode readers and scanners across a variety of business verticals, such as transportation and logistics, warehousing, healthcare, hospitality, oil and gas, etc. Handheld barcode readers/scanners, for example, make inventory management and asset tracking easier. Because they are portable and light, handheld barcode readers and scanners are perfect for end users such as warehouses who need to cover wide regions. Additionally, the cost of portable barcode readers is lower than that of stationary barcode readers and scanners.
Handheld barcode readers and scanners are being adopted by a number of retailing companies, including Tesco, Carrefour, Metro, and Wal-Mart Stores. Due to its portability, handheld barcode readers and scanners can read and scan both two- and one-dimensional barcodes. Because of the device, businesses can save money on maintenance. Even small businesses may easily adopt and upgrade to a modern asset and inventory management system because of the device's low cost. Furthermore, iOS or Android-based mobile devices, including tablets, smartphones, and laptops, can now be easily connected to portable barcode readers and scanners.
This enables the gadget to scan and store real-time data, which facilitates data management.
The rise of e-commerce has made delivery rivalry amongst these businesses more intense. The increasing use of e-commerce automation, which does things like standardize visual merchandising, manage high-risk orders, track and report more easily, and automatically classify customers for marketing purposes, will therefore be a big factor in the market's growth in the upcoming years. Additionally, because e-commerce solutions simplify business operations and distribution networks and create opportunities for profitable new revenue streams, retailers are becoming more demanding when it comes to automation.
Digital stock level and inventory status tracking, as well as change notifications, are made possible by the inventory and order management systems provided by e-commerce automation solutions. Because of this, inventory management goes more quickly and the retail industry never experiences a shortage of inventory. Therefore, it is anticipated that over the projected period, the retail automation market will rise as a result of the globalization of e-commerce operations. Thus, driving the retail automation market revenue.
