The unmanned convenience store market was valued US$ 67.48 million in 2019 and is expected to reach US$ 1,640.32 million by 2027 with a CAGR growth rate of 51.9% during the forecast period.
Growing competition from the online players is stimulating traditional retailers to reorganize their store networks in each and every aspect, from design and layout to size and scale. The usage of technology in the stores has never been more essential, facilitating retailers to provide customers a variety of checkout options which is suits their preferences. Today, the customers expect instant services and are increasingly opting for automated devices in order to reduce their manual operating chores.