Market revenue in 2023 | USD 541.2 million |
Market revenue in 2030 | USD 2,528.0 million |
Growth rate | 24.6% (CAGR from 2023 to 2030) |
Largest segment | Hardware |
Fastest growing segment | Software |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hardware, Software |
Key market players worldwide | Amazon.com Inc, Cisco Systems Inc, Alphabet Inc Class A, Honeywell International Inc, Huawei Technologies, International Business Machines Corp, Intel Corp, LG Electronics Inc ADR, NVIDIA Corp, NXP Semiconductors NV, Pax Global Technology Ltd, Samsung Electronics Co Ltd, Apollo Global Management Inc Class A, NCR Atleos Corp |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart retail market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 65.35% in 2023. Horizon Databook has segmented the South Korea smart retail market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
Smart kiosks are bringing automation and a dynamic shift in the country’s retail sector where cashier-less retail stores have been rapidly popping up. Over the years, retailers, supermarkets, and food joints have been adopting smart retail systems to keep stores open at odd hours, save labor costs, offer contactless checkout entry and exit facilities, and enhance the overall customer experience.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea smart retail market , including forecasts for subscribers. This country databook contains high-level insights into South Korea smart retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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