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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401444

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401444

Global Smart Shopping Cart Market Size study & Forecast, by Technology (Barcodes, RFID, Zigbee), by Application (Supermarket, Shopping-Malls, Others), by Distribution Channel (Direct, Distributor) and Regional Analysis, 2023-2030

PUBLISHED: December 5, 2023

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DELIVERY TIME: 2-3 business days

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Global Smart Shopping Cart Market is valued at approximately USD 1.51 billion in 2022 and is anticipated to grow with a CAGR of more than 27.60% over the forecast period 2023-2030. A smart shopping cart is a technologically advanced cart equipped with sensors, cameras, and an integrated display that enhances the shopping experience. It automatically monitors and calculates the items added to the cart, enabling customers to bypass the conventional checkout procedure. The market is being driven by factors such as growing integration of IoT devices and the growing number of super markets and hypermarkets. Furthermore, growing expansion in retail verticals and increasing demand for contactless shopping is creating new opportunities to the market space during the forecasted period of 2023-2030.

As retail sales continue to climb, the demand for innovative and efficient shopping experiences becomes increasingly pronounced. Smart Shopping Carts, equipped with advanced technology and IoT capabilities, are at the forefront of this transformation. According to Statista the retail sales across the world in year 2021 stood at USD 26.37 trillion which is projected to reach at USD 32.76 trillion by year 2026. These rising revenue indicates the rising demand and expansion of retail verticals which is driving the market growth. However, limited user acceptance & familiarity and limited integration with existing systems would hamper the growth of the market during the. Forecast period of 2023-2030.

The key regions considered for the Global Smart Shopping Cart Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominates the Smart Shopping Cart Market due to its technological advancements, strong retail industry, and consumer adoption of new technologies. The region's supportive regulatory environment and competitive landscape drive innovation and attract investments. The Asia Pacific region is experiencing the fastest growth in the Smart Shopping Cart Market due to its expanding retail sector, large consumer base, high mobile and internet penetration, and emphasis on technological innovation. Government initiatives and investments in digital technologies further propel the adoption of smart shopping carts in the region.

Major market player included in this report are:

The Kroger Company
Cust2mate Ltd.
Caper Inc.
Veeve Inc.
Tracxnpoint LLC.
Amazon.com Inc.
Chaohi incorporated
Retail AI Inc.
SmartCart LLC
V-Mark Enterprises Limited

Recent Developments in the Market:

In June 2023, NanoMalaysia Berhad, an agency operating under Malaysia's Ministry of Science, Technology, and Innovation (MOSTI), collaborated with Retailetics Sdn Bhd, a local company specializing in AI-driven retail automation solutions. Together, they have introduced the EzyCart, a revolutionary smart shopping cart that is poised to reshape the retail industry.
In October 2021, Instacart acquired Caper AI, a start-up specializing in smart cart and instant checkout solutions, for a substantial sum of USD 350 million.

Global Smart Shopping Cart Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Technology, Application, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Barcodes
RFID
Zigbee

By Application:

Supermarket
Shopping-Malls
Others

By Distribution Channel:

Direct
Distributor

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Smart Shopping Cart Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Smart Shopping Cart Market, by Technology, 2020-2030 (USD Billion)
- 1.2.3. Smart Shopping Cart Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Smart Shopping Cart Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Smart Shopping Cart Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Smart Shopping Cart Market Dynamics

3.1. Smart Shopping Cart Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing integration of IoT devices
  - 3.1.1.2. Growing number of super markets and hypermarkets
- 3.1.2. Market Challenges
  - 3.1.2.1. Limited User Acceptance & Familiarity
  - 3.1.2.2. Limited Integration with Existing Systems
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing Expansion in Retail Verticals
  - 3.1.3.2. Increasing Demand for Contactless Shopping

Chapter 4. Global Smart Shopping Cart Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Smart Shopping Cart Market, by Technology

5.1. Market Snapshot
5.2. Global Smart Shopping Cart Market by Technology, Performance - Potential Analysis
5.3. Global Smart Shopping Cart Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
5.4. Smart Shopping Cart Market, Sub Segment Analysis
- 5.4.1. Barcodes
- 5.4.2. RFID
- 5.4.3. Zigbee

Chapter 6. Global Smart Shopping Cart Market, by Application

6.1. Market Snapshot
6.2. Global Smart Shopping Cart Market by Application, Performance - Potential Analysis
6.3. Global Smart Shopping Cart Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Smart Shopping Cart Market, Sub Segment Analysis
- 6.4.1. Supermarket
- 6.4.2. Shopping-Malls
- 6.4.3. Others

Chapter 7. Global Smart Shopping Cart Market, by Distribution Channel

7.1. Market Snapshot
7.2. Global Smart Shopping Cart Market by Distribution Channel, Performance - Potential Analysis
7.3. Global Smart Shopping Cart Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
7.4. Smart Shopping Cart Market, Sub Segment Analysis
- 7.4.1. Direct
- 7.4.2. Distributor

Chapter 8. Global Smart Shopping Cart Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Smart Shopping Cart Market, Regional Market Snapshot
8.4. North America Smart Shopping Cart Market
- 8.4.1. U.S. Smart Shopping Cart Market
  - 8.4.1.1. Technology breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Smart Shopping Cart Market
8.5. Europe Smart Shopping Cart Market Snapshot
- 8.5.1. U.K. Smart Shopping Cart Market
- 8.5.2. Germany Smart Shopping Cart Market
- 8.5.3. France Smart Shopping Cart Market
- 8.5.4. Spain Smart Shopping Cart Market
- 8.5.5. Italy Smart Shopping Cart Market
- 8.5.6. Rest of Europe Smart Shopping Cart Market
8.6. Asia-Pacific Smart Shopping Cart Market Snapshot
- 8.6.1. China Smart Shopping Cart Market
- 8.6.2. India Smart Shopping Cart Market
- 8.6.3. Japan Smart Shopping Cart Market
- 8.6.4. Australia Smart Shopping Cart Market
- 8.6.5. South Korea Smart Shopping Cart Market
- 8.6.6. Rest of Asia Pacific Smart Shopping Cart Market
8.7. Latin America Smart Shopping Cart Market Snapshot
- 8.7.1. Brazil Smart Shopping Cart Market
- 8.7.2. Mexico Smart Shopping Cart Market
8.8. Middle East & Africa Smart Shopping Cart Market
- 8.8.1. Saudi Arabia Smart Shopping Cart Market
- 8.8.2. South Africa Smart Shopping Cart Market
- 8.8.3. Rest of Middle East & Africa Smart Shopping Cart Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. The Kroger Company
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Cust2mate Ltd.
- 9.3.3. Caper Inc.
- 9.3.4. Veeve Inc.
- 9.3.5. Tracxnpoint LLC.
- 9.3.6. Amazon.com Inc.
- 9.3.7. Chaohi incorporated
- 9.3.8. Retail AI Inc.
- 9.3.9. SmartCart LLC.
- 9.3.10. V-Mark Enterprises Limited

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Shopping Cart Market, report scope
TABLE 2. Global Smart Shopping Cart Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Smart Shopping Cart Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 4. Global Smart Shopping Cart Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Smart Shopping Cart Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 6. Global Smart Shopping Cart Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Smart Shopping Cart Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Smart Shopping Cart Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Smart Shopping Cart Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Smart Shopping Cart Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Smart Shopping Cart Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Smart Shopping Cart Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Smart Shopping Cart Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Smart Shopping Cart Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Smart Shopping Cart Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Smart Shopping Cart Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Smart Shopping Cart Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Smart Shopping Cart Market
TABLE 71. List of primary sources, used in the study of global Smart Shopping Cart Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Smart Shopping Cart Market, research methodology
FIG 2. Global Smart Shopping Cart Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Shopping Cart Market, key trends 2022
FIG 5. Global Smart Shopping Cart Market, growth prospects 2023-2030
FIG 6. Global Smart Shopping Cart Market, porters 5 force model
FIG 7. Global Smart Shopping Cart Market, pest analysis
FIG 8. Global Smart Shopping Cart Market, value chain analysis
FIG 9. Global Smart Shopping Cart Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Smart Shopping Cart Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Smart Shopping Cart Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Smart Shopping Cart Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Smart Shopping Cart Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Smart Shopping Cart Market, regional snapshot 2020 & 2030
FIG 15. North America Smart Shopping Cart Market 2020 & 2030 (USD Billion)
FIG 16. Europe Smart Shopping Cart Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Smart Shopping Cart Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Smart Shopping Cart Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Smart Shopping Cart Market 2020 & 2030 (USD Billion)